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CAC article- Nov.08 Coinage
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<p>[QUOTE="mark_h, post: 469729, member: 3726"]Checkout CAC's home page. The way I interpret it is - they will grade the graders. In other words, we are not smart enough to determine the coin in the holder meets the grade or not. I agree with that some what - I will not profess to be the experts they might be. What I am is smart enough to determine the coin in the holder is something I like and meets my expectactions of the grade(CAC) or not. It is up to me to determine if I will pay a premium for a coin or not - in a holder, not in a holder, CAC sticker or not.</p><p><br /></p><p>What CAC is now doing is building a network so dealers can trade in CAC approved coins at the wholesale level. I think it is brilliant what they are doing and people will buy into it. CAC seems to think there are too many "c" type coins in the market place - PCGS/NGC are too busy keeping us customers happy with high grades. My only issue with it is that some dealers sale the CAC sticker to the customer and not the coin. I don't have a problem with them asking premiums, but I determine if I pay it or not. I think Rick Snow has been doing this for IHC's for quite a while.</p><p><br /></p><p>And just think - with good pictures we have Doug to do it for free. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 469729, member: 3726"]Checkout CAC's home page. The way I interpret it is - they will grade the graders. In other words, we are not smart enough to determine the coin in the holder meets the grade or not. I agree with that some what - I will not profess to be the experts they might be. What I am is smart enough to determine the coin in the holder is something I like and meets my expectactions of the grade(CAC) or not. It is up to me to determine if I will pay a premium for a coin or not - in a holder, not in a holder, CAC sticker or not. What CAC is now doing is building a network so dealers can trade in CAC approved coins at the wholesale level. I think it is brilliant what they are doing and people will buy into it. CAC seems to think there are too many "c" type coins in the market place - PCGS/NGC are too busy keeping us customers happy with high grades. My only issue with it is that some dealers sale the CAC sticker to the customer and not the coin. I don't have a problem with them asking premiums, but I determine if I pay it or not. I think Rick Snow has been doing this for IHC's for quite a while. And just think - with good pictures we have Doug to do it for free. :)[/QUOTE]
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CAC article- Nov.08 Coinage
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