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<p>[QUOTE="John Burgess, post: 7331609, member: 105098"]Well well well....... </p><p><br /></p><p>First off, I don't mind long winded posts, although I still have no idea what you are talking about in your post and I've read it twice now. </p><p><br /></p><p>"I'm educating myself about CAC".</p><p>ramble ramble ramble....</p><p>"Here’s where I’m stumped."</p><p>Ramble Ramble Ramble</p><p>"I gotta be missing something somewhere! Or am I?"</p><p>ramble ramble ramble</p><p>"Are CAC stickers worth the expense? I don't know. But they sure do attract attention."</p><p><br /></p><p>It in fact was a meandering rant about CAC and I have no idea what exactly your point was in all that typing except to sum up in 4 words "I don't like CAC".</p><p><br /></p><p><br /></p><p>Now, I'm going to put my cards on the table. I don't own a single graded coin by a TPG, nor do I own a CAC coin. I don't work for any of the companies either, nor am I a dealer of coins. I grade my own coins and I'm not in a market to sell any of what I have. </p><p><br /></p><p>As far as the TPG, you would agree, it provides a service and a function right? </p><p>Some grader, you have no idea who they are, looks at your coin, gives you an opinion and closes it up in a fancy case with a bar code and it's the bees knees!</p><p><br /></p><p>Same goes for CAC, it provides a service and a function. Not all MS66 is created equal. not all MS67 are either. if you have no need for the service, don't use it, literally no one is forcing it on you. if it's not for you, don't use it.</p><p><br /></p><p>CAC's founder, John Albanese, is a co-founder of <a href="https://en.wikipedia.org/wiki/Professional_Coin_Grading_Service" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Professional_Coin_Grading_Service" rel="nofollow">PCGS</a>, started in 1986, and founder of <a href="https://en.wikipedia.org/wiki/Numismatic_Guaranty_Corporation" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Numismatic_Guaranty_Corporation" rel="nofollow">NGC</a>, in 1987. He is well known in the hobby as a superior rare coin dealer, and founder of the big two grading companies. That's his provenance. The service CAC provides is that, for every graded coin, within the grade there are high end examples, and there are low end examples. A green CAC sticker means it's not a low end example, a gold sticker means it's the highest end example.</p><p>Again, if it's not a service you are interested in, don't use it. it's just ANOTHER opinion, of an opinion from a TPG. Learn how to grade and you'll find paying for the TPG opinion is a waste of money also. I mean, it could be some 18 year old highschool dropout grading your coins, you have no idea who it is, or if they can even grade accurately, that's just reality, you also trust them to know what they are doing, because in the end, their reputation rides on it just like CAC.</p><p><br /></p><p>CAC provides quality assurance of a graded coin for $14.50 valued up to $10,000 or $30 for coins valued over $10,000. if you don't want to pay that money or don't want or need the assurance, don't use the service.</p><p><br /></p><p>IF there is a green or gold bean on a "doctored" coin, then the doctored coin got into a NGC or PCGS holder in the first place and got past them, so the example looks bad on TPGs also. </p><p><br /></p><p>Are CAC stickers worth the expense? </p><p>Some people sure think they are, just like some people think grading fees for some randoms opinion of their coin is worth the expense.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 7331609, member: 105098"]Well well well....... First off, I don't mind long winded posts, although I still have no idea what you are talking about in your post and I've read it twice now. "I'm educating myself about CAC". ramble ramble ramble.... "Here’s where I’m stumped." Ramble Ramble Ramble "I gotta be missing something somewhere! Or am I?" ramble ramble ramble "Are CAC stickers worth the expense? I don't know. But they sure do attract attention." It in fact was a meandering rant about CAC and I have no idea what exactly your point was in all that typing except to sum up in 4 words "I don't like CAC". Now, I'm going to put my cards on the table. I don't own a single graded coin by a TPG, nor do I own a CAC coin. I don't work for any of the companies either, nor am I a dealer of coins. I grade my own coins and I'm not in a market to sell any of what I have. As far as the TPG, you would agree, it provides a service and a function right? Some grader, you have no idea who they are, looks at your coin, gives you an opinion and closes it up in a fancy case with a bar code and it's the bees knees! Same goes for CAC, it provides a service and a function. Not all MS66 is created equal. not all MS67 are either. if you have no need for the service, don't use it, literally no one is forcing it on you. if it's not for you, don't use it. CAC's founder, John Albanese, is a co-founder of [URL='https://en.wikipedia.org/wiki/Professional_Coin_Grading_Service']PCGS[/URL], started in 1986, and founder of [URL='https://en.wikipedia.org/wiki/Numismatic_Guaranty_Corporation']NGC[/URL], in 1987. He is well known in the hobby as a superior rare coin dealer, and founder of the big two grading companies. That's his provenance. The service CAC provides is that, for every graded coin, within the grade there are high end examples, and there are low end examples. A green CAC sticker means it's not a low end example, a gold sticker means it's the highest end example. Again, if it's not a service you are interested in, don't use it. it's just ANOTHER opinion, of an opinion from a TPG. Learn how to grade and you'll find paying for the TPG opinion is a waste of money also. I mean, it could be some 18 year old highschool dropout grading your coins, you have no idea who it is, or if they can even grade accurately, that's just reality, you also trust them to know what they are doing, because in the end, their reputation rides on it just like CAC. CAC provides quality assurance of a graded coin for $14.50 valued up to $10,000 or $30 for coins valued over $10,000. if you don't want to pay that money or don't want or need the assurance, don't use the service. IF there is a green or gold bean on a "doctored" coin, then the doctored coin got into a NGC or PCGS holder in the first place and got past them, so the example looks bad on TPGs also. Are CAC stickers worth the expense? Some people sure think they are, just like some people think grading fees for some randoms opinion of their coin is worth the expense.[/QUOTE]
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