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CAC article- Nov.08 Coinage
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<p>[QUOTE="Lehigh96, post: 469810, member: 15309"]The reason Ruben thinks the CAC is a scam boils down to this. The CAC offers their opinion of the TPG's grade (opinion). By doing this, they create doubt in the consumer's eyes regarding the credibility of the original opinion. The creation of this doubt only serves to ensure that the CAC's opinion becomes more necessary thereby increasing their revenue. Before the creation of the CAC, the opinion of the TPG's did not suffer from an a severe credibility problem. Ruben is saying that the CAC is purposefully discrediting the TPG opinion in order to make their opinion essential.</p><p><br /></p><p>To some extent, he has a point. The CAC does not do anything to a coin that does not qualify for a sticker. This only ensures that these coins will be submitted over and over again while the CAC collects the fee and denies the sticker over and over. If they want their opinion to be ethical, they need to assign a different sticker to the coins that don't meet their requirements for that grade and include those coins in their online database. Any coin that gets a bad sticker will of course have the sticker removed by the owner, but they can't get away from the online database.</p><p><br /></p><p>I like CAC coins that have a sticker for buying sight unseen coins, but I do recognize the potential evils of this system.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 469810, member: 15309"]The reason Ruben thinks the CAC is a scam boils down to this. The CAC offers their opinion of the TPG's grade (opinion). By doing this, they create doubt in the consumer's eyes regarding the credibility of the original opinion. The creation of this doubt only serves to ensure that the CAC's opinion becomes more necessary thereby increasing their revenue. Before the creation of the CAC, the opinion of the TPG's did not suffer from an a severe credibility problem. Ruben is saying that the CAC is purposefully discrediting the TPG opinion in order to make their opinion essential. To some extent, he has a point. The CAC does not do anything to a coin that does not qualify for a sticker. This only ensures that these coins will be submitted over and over again while the CAC collects the fee and denies the sticker over and over. If they want their opinion to be ethical, they need to assign a different sticker to the coins that don't meet their requirements for that grade and include those coins in their online database. Any coin that gets a bad sticker will of course have the sticker removed by the owner, but they can't get away from the online database. I like CAC coins that have a sticker for buying sight unseen coins, but I do recognize the potential evils of this system.[/QUOTE]
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