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<p>[QUOTE="charley, post: 7331699, member: 5372"]I was and am very interested in the thoughts and questions you posted.</p><p><br /></p><p>I am not sure, based on your post, if the CAC concept of making a market for the entity and its offerings/opinions is of import in your thoughts or is it understood and rejected.</p><p><br /></p><p>Assuming that it is understood, it follows that on higher $ value pieces, the comfort zone for the hobbyist utilizing CAC is that a set of eyes has reviewed the coin with a greater focus of attention to abuses by a coin doctor, that would otherwise go undetected for a variety of reasons...lack of experience of the TPG grader in detecting same....time restraints imposed by the TPG that may cause an opinion grade that is either inflated or deflated concerning the particular coin..... unfamiliarity with the series/type/nuances of the particular coin.... and a propensity of TPGs to rely on the name recognition of the TPG as it relates to the customer base, as just a few examples.</p><p><br /></p><p>The person that started CAC is and was the "father" (for lack of a better description) of the 2 presently preferred TPGs, and as such is a market condition needed entity that imposes a psychological effect on the 2 TPGs to up their game because CAC is waiting on the sidelines to make a market in the coins that CAC is interested in at any given time. This is a good thing, and capitalist competition that produces a higher level of quality in goods and services is the very definition of capitalism ad competition.</p><p><br /></p><p>ABC (BTW you left out D coins) as used in definition in your post, is not quite correct. Name a grade, any grade. Use 63. How many hits are allowed? How much luster is required? What level of strike is needed to qualify for the grade technically, and what level of strike is needed to qualify technically? There are meh 63s, there are that is a nice coin 63s, and there are wow 63s. then there is the intangibles of the same 63....the eye appeal, how is it compared to other wow factor 63s...is it superlative to what a wow 63 is expected to be (read gold instead of green)?</p><p><br /></p><p>Is CAC an opinion? of course. Does CAC make mistakes? Of course. Note though, you can call CAC and go over the coin for insight that may help be a better hobbyist. And, CAC will buy the coins they grade when on their 'want" list, and there is a dedicated network of dealers that support that buy concept.</p><p><br /></p><p>A person visits their physician. The physician....and these days with the 12 minute clock and incredible stress levels faced by physicians.....might order blood work and then conclude an issue exists or not. The physician concludes no issue. 3 weeks later, the person is still experiencing the doubt. The person visits a specialist (that may or may not have been suggested by the physician) and the specialist finds an anomaly in the original blood work, and gives some options: the issue is acceptable and safe without further action, the issue is actually not an issue at all and your health is safeguarded for the the present, and finally, that the issue is an outstanding example of superior health and don't worry at all, it is just that the bloodwork was misinterpreted.</p><p><br /></p><p>The overarching aspect though, of your post is, and reads as same, a question of collector/hobbyist vs. collector/investor.</p><p><br /></p><p>All investors are interested in the same goal, some level of assuredness of profit at the least amount of cost, and an established buy-sell market for the goods being invested in. There is not, as a frontline consideration, whether the goods being invested in require absolute self knowledge of all things widget of the goods, only that the public thirst is satisfied to a level that offers the highest return for the investor.</p><p><br /></p><p>The hobbyist/collector has a slightly different motivation and approach, in that he/she has expanded their personal knowledge in all things widget, has developed via years of study and application the ability to determine the best widget for the investment, and, while recognizing the value and contribution of the opinion of recognized widget market evaluators, is confident that their person opinion is satisfied to the end required level: the coin speaks for itself, and other experienced persons will always recognize the quality without the need for other widget market evaluators.</p><p><br /></p><p>So, does CAC serve a good and needed purpose in the community? Yes.</p><p>Is the hobby better with it than without it? Yes.</p><p>Is it a good choice for everybody? That is an investment/cost analysis question, but in general my answer would be that if all collectors and investors could absorb the cost with no greater thought than the cost of buying a coke (weak comparison I know), then I would answer yes.</p><p><br /></p><p>It is probable that none of this blarney is helpful, but know that I will always try my best and use all kinds of "that sounds good I believe it" language/phrasing stuff. Raindrop dancing. It is a thing.[/QUOTE]</p><p><br /></p>
[QUOTE="charley, post: 7331699, member: 5372"]I was and am very interested in the thoughts and questions you posted. I am not sure, based on your post, if the CAC concept of making a market for the entity and its offerings/opinions is of import in your thoughts or is it understood and rejected. Assuming that it is understood, it follows that on higher $ value pieces, the comfort zone for the hobbyist utilizing CAC is that a set of eyes has reviewed the coin with a greater focus of attention to abuses by a coin doctor, that would otherwise go undetected for a variety of reasons...lack of experience of the TPG grader in detecting same....time restraints imposed by the TPG that may cause an opinion grade that is either inflated or deflated concerning the particular coin..... unfamiliarity with the series/type/nuances of the particular coin.... and a propensity of TPGs to rely on the name recognition of the TPG as it relates to the customer base, as just a few examples. The person that started CAC is and was the "father" (for lack of a better description) of the 2 presently preferred TPGs, and as such is a market condition needed entity that imposes a psychological effect on the 2 TPGs to up their game because CAC is waiting on the sidelines to make a market in the coins that CAC is interested in at any given time. This is a good thing, and capitalist competition that produces a higher level of quality in goods and services is the very definition of capitalism ad competition. ABC (BTW you left out D coins) as used in definition in your post, is not quite correct. Name a grade, any grade. Use 63. How many hits are allowed? How much luster is required? What level of strike is needed to qualify for the grade technically, and what level of strike is needed to qualify technically? There are meh 63s, there are that is a nice coin 63s, and there are wow 63s. then there is the intangibles of the same 63....the eye appeal, how is it compared to other wow factor 63s...is it superlative to what a wow 63 is expected to be (read gold instead of green)? Is CAC an opinion? of course. Does CAC make mistakes? Of course. Note though, you can call CAC and go over the coin for insight that may help be a better hobbyist. And, CAC will buy the coins they grade when on their 'want" list, and there is a dedicated network of dealers that support that buy concept. A person visits their physician. The physician....and these days with the 12 minute clock and incredible stress levels faced by physicians.....might order blood work and then conclude an issue exists or not. The physician concludes no issue. 3 weeks later, the person is still experiencing the doubt. The person visits a specialist (that may or may not have been suggested by the physician) and the specialist finds an anomaly in the original blood work, and gives some options: the issue is acceptable and safe without further action, the issue is actually not an issue at all and your health is safeguarded for the the present, and finally, that the issue is an outstanding example of superior health and don't worry at all, it is just that the bloodwork was misinterpreted. The overarching aspect though, of your post is, and reads as same, a question of collector/hobbyist vs. collector/investor. All investors are interested in the same goal, some level of assuredness of profit at the least amount of cost, and an established buy-sell market for the goods being invested in. There is not, as a frontline consideration, whether the goods being invested in require absolute self knowledge of all things widget of the goods, only that the public thirst is satisfied to a level that offers the highest return for the investor. The hobbyist/collector has a slightly different motivation and approach, in that he/she has expanded their personal knowledge in all things widget, has developed via years of study and application the ability to determine the best widget for the investment, and, while recognizing the value and contribution of the opinion of recognized widget market evaluators, is confident that their person opinion is satisfied to the end required level: the coin speaks for itself, and other experienced persons will always recognize the quality without the need for other widget market evaluators. So, does CAC serve a good and needed purpose in the community? Yes. Is the hobby better with it than without it? Yes. Is it a good choice for everybody? That is an investment/cost analysis question, but in general my answer would be that if all collectors and investors could absorb the cost with no greater thought than the cost of buying a coke (weak comparison I know), then I would answer yes. It is probable that none of this blarney is helpful, but know that I will always try my best and use all kinds of "that sounds good I believe it" language/phrasing stuff. Raindrop dancing. It is a thing.[/QUOTE]
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