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At what point do CAC stickers lose their value?
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<p>[QUOTE="theSharpGun, post: 1752118, member: 39683"]<span style="font-size: 13px"><font face="Verdana"><span style="color: #000000">A good friend brought up an interesting conundrum when he commented on a video of the 1913 Walton Liberty Nickel which is valued somewhere around $3-5 million dollars. He commented on the fact that it's such a valuable and rare piece yet there is no CAC sticker to go along with it; which made me laugh but then I thought about it. As a collector, at what point would a CAC sticker lose its value? I might be wrong about this but when you get to a coin in the million dollar range chances are unlikely that a green or gold bean would significantly up the price. I mean CAC stickers aren't like PCGS or NGC slabs. At the end of the day, slabs guarantee the authenticity of a coin in the plastic at the cost of their respective company's reputation. On the other hand, in essence all that CAC stickers do is give the opinion of another company who may have stricter graders. Collectors who buy coins in the $100 to several thousand dollar range have come to really love the CAC stickers and the additional value they can bring. Personally, I think it's great to have a company like the CAC because it provides a type of checks and balances of the TPG's; but, the question remains, does a CAC sticker truly matter if a coin is a $1 million dollars? how about half a million? quarter million? Coins of that value are probably given a lot more time and attention from TPG graders so I doubt a company such as PCGS or NGC is likely to mess up as far as grading is concerned, though I may be wrong. I'm definitely no expert and would like more input and opinions, </span></font></span></p><p><span style="font-size: 13px"><font face="Verdana"><span style="color: #000000">-theSharpGun</span></font></span></p><p> </p><p><span style="font-size: 13px"><font face="Verdana"><span style="color: #000000"><img src="http://www.coinweek.com/wp-content/uploads/2012/08/cac_large.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></span></font></span>[/QUOTE]</p><p><br /></p>
[QUOTE="theSharpGun, post: 1752118, member: 39683"][SIZE=13px][FONT=Verdana][COLOR=#000000]A good friend brought up an interesting conundrum when he commented on a video of the 1913 Walton Liberty Nickel which is valued somewhere around $3-5 million dollars. He commented on the fact that it's such a valuable and rare piece yet there is no CAC sticker to go along with it; which made me laugh but then I thought about it. As a collector, at what point would a CAC sticker lose its value? I might be wrong about this but when you get to a coin in the million dollar range chances are unlikely that a green or gold bean would significantly up the price. I mean CAC stickers aren't like PCGS or NGC slabs. At the end of the day, slabs guarantee the authenticity of a coin in the plastic at the cost of their respective company's reputation. On the other hand, in essence all that CAC stickers do is give the opinion of another company who may have stricter graders. Collectors who buy coins in the $100 to several thousand dollar range have come to really love the CAC stickers and the additional value they can bring. Personally, I think it's great to have a company like the CAC because it provides a type of checks and balances of the TPG's; but, the question remains, does a CAC sticker truly matter if a coin is a $1 million dollars? how about half a million? quarter million? Coins of that value are probably given a lot more time and attention from TPG graders so I doubt a company such as PCGS or NGC is likely to mess up as far as grading is concerned, though I may be wrong. I'm definitely no expert and would like more input and opinions, [/COLOR][/FONT][/SIZE] [SIZE=13px][FONT=Verdana][COLOR=#000000]-theSharpGun[/COLOR][/FONT][/SIZE] [SIZE=13px][FONT=Verdana][COLOR=#000000][IMG]http://www.coinweek.com/wp-content/uploads/2012/08/cac_large.jpg[/IMG][/COLOR][/FONT][/SIZE][/QUOTE]
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At what point do CAC stickers lose their value?
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