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<p>[QUOTE="torontokuba, post: 2043692, member: 56793"]I was just sifting through their website info, so that's what I went with...</p><p><br /></p><p><span style="color: #404040"><i><font size="4"><b>4. How will coins with CAC stickers be priced?</b></font></i></span></p><p><span style="color: #404040"><br /></span></p><p><span style="color: #404040"><i><u>Ultimately, the free market decides the value of coins.</u> It will be influenced by how many coins in a specific grade are considered low quality. For example, an MS 65 1922 $20 Saint with a CAC sticker might have a large bid price premium over market-acceptable non-stickered examples, because perhaps only 20% of those submitted will meet or exceed CAC’s high quality standards. A 1923-D $20 Saint could be a very different story, because there are a fairly large number of nice quality 1923-D Saints in MS 65 holders that should qualify for a CAC sticker. As a result, they will almost certainly trade at a smaller premium over the market-acceptable non-stickered coins.</i></span></p><p><span style="color: #404040"><br /></span></p><p><span style="color: #404040"><br /></span></p><p><span style="color: #404040"><i>It is CAC’s goal to recognize and give deserved credit to quality coins. It is our hope and strong belief that this process will minimize the unfair negative effect on quality coins by decoupling them from their lower-end counterparts. One can only wonder what the price of an MS 65 1922 $20 Saint would be today if the CAC stickering process had been in place five years ago.</i></span></p><p><span style="color: #404040"><br /></span></p><p><span style="color: #404040"><br /></span></p><p><span style="color: #404040"><i>CAC is currently working on an exchange for certified coins and other numismatic products. We expect that there will be enough activity on the new exchange to justify published CAC Values sometime in 2008.</i></span>[/QUOTE]</p><p><br /></p>
[QUOTE="torontokuba, post: 2043692, member: 56793"]I was just sifting through their website info, so that's what I went with... [COLOR=#404040][I][SIZE=4][B]4. How will coins with CAC stickers be priced?[/B][/SIZE][/I] [I] [/I] [I][U]Ultimately, the free market decides the value of coins.[/U] It will be influenced by how many coins in a specific grade are considered low quality. For example, an MS 65 1922 $20 Saint with a CAC sticker might have a large bid price premium over market-acceptable non-stickered examples, because perhaps only 20% of those submitted will meet or exceed CAC’s high quality standards. A 1923-D $20 Saint could be a very different story, because there are a fairly large number of nice quality 1923-D Saints in MS 65 holders that should qualify for a CAC sticker. As a result, they will almost certainly trade at a smaller premium over the market-acceptable non-stickered coins.[/I] [I][/I] [I] [/I] [I]It is CAC’s goal to recognize and give deserved credit to quality coins. It is our hope and strong belief that this process will minimize the unfair negative effect on quality coins by decoupling them from their lower-end counterparts. One can only wonder what the price of an MS 65 1922 $20 Saint would be today if the CAC stickering process had been in place five years ago.[/I] [I][/I] [I] [/I] [I]CAC is currently working on an exchange for certified coins and other numismatic products. We expect that there will be enough activity on the new exchange to justify published CAC Values sometime in 2008.[/I][/COLOR][/QUOTE]
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