CAC ? 1 more way to make you pay more?

the Hologram...duh

 

Log in or Sign up to hide this ad.

Oh, well that answers that. Figured there was something.

 

We need a new thread:

How to make a CAC sticker in Photoshop..

 

I agree that CAC is BS crazy to me to add a 3rd party!
3 is a crowd anyway!
but they are selling more each month, I read some ware that services had doubled this year.

 

Lehigh , no flame here , I buy some of my better coins over the internet , as you stated CAC gives me the confidence to bid or buy in peace , if the price is too high I wouldn't of bought or bid in the 1st place , evrybody here seems to blame tpgs or CAC for the high price of some coins , truth is with or without a CAC sticker the coin makes the price not the sticker .
rzage

 

I think it's a way of trying to convince the buyer that the coin is worth more than it would be otherwise.
Whether, or not, the buyer is convinced, is another matter.

John Albanese is one of the original masters of "value add-on" marketing.
It's no surprise that he would come up with something like this.

I'm happy to continue collecting coins as I have for the past 40+ years.
I'm equally content to let those that buy into the TPG, CAC, and whatever comes next scams, to deal among themselves.

 

I think this statement reflects how I feel very well. If I was buying a slabbed coin online would rather have the CAC sticker on it or not? Of course. But, if the coin grades MS66...is it worth anymore with the CAC sticker? Not to me. The coin is worth what I feel a MS66 is worth. If it has especially nice eye appeal I might deam it worth a bit more than the "market value" of the coin to me. You make an excellent point Lehigh with your nickel. I would be more confident that the coin is in fact cameo with the sticker. But, I would like to see an image that shows the cameo before I bid. I don't know if you can request other photos from the seller with Heritage (like you can with eBay), but I feel that a decent photo is needed before buying a high dollar coin online. If you ask me, the seller of your nickel didn't do a satisfactory job taking the photo and with a high dollar coin that is unacceptable IMHO.

 

I think calling PCGS , NGC , or even ANACS a scam is a little strong it brought a lot a stability in sight unseen bidding or buying it brought a leveler grading field , I admit they're not perfect , but either were the old days were some would grade a coin EF and the next would grade it GEM UNC . It's up to the buyer to arm themselves with the knowledge to know the grade and worth of the coin , tpgs and CAC just add a little insurance .
rzage

 

I'm sure someone will correct me if I am wrong but I think Heritage takes their own photos (or contracts it out). Just imagine the wide range of coin photos that Heritage would have if they required their clients (the sellers of the coins) to provide their own photos. The photos would range from unidentifiable blobs to out-of-focus orbs to odd colors due to poor color balance to razor sharp images. Take a look at some of the photos you find here on CoinTalk and you will see what I mean.

 

The sticker does look cool though...

 

That's possible, I honestly don't know. I have never dealt with Heritage before. If they do, then they did a very poor job representing that coin and if I was the seller I would be very unhappy. A poor photo like that could cost the seller some serious money.

 

no it isn't And I saw CAC sticker rolls available last week from Mexico.

Ruben

 

CAC is for people who dont know anything about coins and cant even figure it out with the opinion of ngc and pcgs. unfortunately i can never find such people to sell too. a million suckers out there and i cant even find one sigh

 

Just gotta keep looking, it only takes one to make a fortune sometimes.

 

Since there can be enormous price differences between coins that are only one grade apart, it makes sense for a TPG to move to fractional grading if they really think they can do it consistently. Regarding CAC stickers, another opinion is always valuable, but a lot depends on (1) how expert the CAC graders are compared to the TPG graders, and (2) are the CAC graders using the same standards as the TPG, i.e., are they CACing PCGS slabs using PCGS standards and NGC slabs using NGC standards?

I like slabbed coins for expensive coins, but I try not to pay much of a premium over the same coin raw.

 

I think that only thing that little green sticker good for

 

Care to elaborate on that statement. Since the inception of the CAC, several of the most knowledgeable collectors on the NGC forums have submitted their coins to the CAC. I have stated my reason for supporting the CAC and it has nothing to do with my lack of numismatic knowledge or experience.

It is my opinion that many of the members in this thread are just spouting off about this topic without even considering the pros and cons. The only valid complaint about the CAC is that it causes a rise in prices. However, I have not seen a huge bump in auction prices caused by the CAC sticker.

 

CAC is useful on high end coins where there is a big price jump between grade, not very useful on low price coins. Cac sticker coins does seem to sell a little more than those without it. There are lots of noncac sticker coins that are just as good as with though. I only have 1 CAC coin.

 

I think it is a pretty good idea since so many coins are bought over the internet with bad photos. As long as they have an easy to access database to verify that the stickers were not "made in Mexico".

 

CAC is ot useful at all, but it will have its market cutout the the real TPGs evantually, probably with fractional grading.

Ruben