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<p>[QUOTE="Lehigh96, post: 2647027, member: 15309"]Only the boat, the train, and the plane.</p><p><br /></p><p>Your blasting of CAC and JA is about the most uneducated I have ever had the displeasure to read on any forum. You make up history and motives to bash a market that you have absolutely no interaction with. Dealers of high end coins were tired of overgraded dreck devaluing coin prices and this created an opportunity for JA to create the CAC market. </p><p><br /></p><p>These dealers are selling coins that are often times worth tens of thousands of dollars and the buyers of these coins have an investment component attached. When gradeflation increases populations and suppresses prices, these investors/collectors lose money and their natural instinct is to blame the dealer who sold them the coin/investment.</p><p><br /></p><p>Furthermore, the separation of NGC & PCGS as tier1 TPGs happened long before the inception of CAC. ANACS, ICG et al have only themselves to blame for being left out in the cold.</p><p><br /></p><p>You keep harping on his past dealings with PCGS and NGC. PCGS was first, and he left them to start NGC. To my knowledge, he has had no affiliation with NGC since the 1990's. If you want to understand his motives for starting the CAC, then listen to what he has to say rather than perpetuating silly conspiracy theories.</p><p><br /></p><p><a href="http://www.caccoin.com/cac-in-the-news/an-interview-with-john-albanese-by-maurice-rosen/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.caccoin.com/cac-in-the-news/an-interview-with-john-albanese-by-maurice-rosen/" rel="nofollow">http://www.caccoin.com/cac-in-the-news/an-interview-with-john-albanese-by-maurice-rosen/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2647027, member: 15309"]Only the boat, the train, and the plane. Your blasting of CAC and JA is about the most uneducated I have ever had the displeasure to read on any forum. You make up history and motives to bash a market that you have absolutely no interaction with. Dealers of high end coins were tired of overgraded dreck devaluing coin prices and this created an opportunity for JA to create the CAC market. These dealers are selling coins that are often times worth tens of thousands of dollars and the buyers of these coins have an investment component attached. When gradeflation increases populations and suppresses prices, these investors/collectors lose money and their natural instinct is to blame the dealer who sold them the coin/investment. Furthermore, the separation of NGC & PCGS as tier1 TPGs happened long before the inception of CAC. ANACS, ICG et al have only themselves to blame for being left out in the cold. You keep harping on his past dealings with PCGS and NGC. PCGS was first, and he left them to start NGC. To my knowledge, he has had no affiliation with NGC since the 1990's. If you want to understand his motives for starting the CAC, then listen to what he has to say rather than perpetuating silly conspiracy theories. [url]http://www.caccoin.com/cac-in-the-news/an-interview-with-john-albanese-by-maurice-rosen/[/url][/QUOTE]
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