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<p>[QUOTE="johnmilton, post: 7332242, member: 101855"]CAC is the reason why I no longer buy significant U.S. coins. If you have to depend on the opinion of one man to determine which coins get into your collection, the time has come to leave. </p><p><br /></p><p>There are too many collectors who won't touch a coin if it does not have a sticker. There are too many collectors who believe blanket statements like, "CAC has reviewed every coin." and "Every coin that appears in the major auctions have been reviewed by CAC." Neither of those statements are true.</p><p><br /></p><p>There are those who will shout me down that those statements have never been made, but let them yell. I've read the posts. </p><p><br /></p><p>I will say that CAC gets it right somewhere around 90 to 95% of the time. That's down from what I said years ago, because it's been my observation that CAC has begun to track with grade-flation, not work against it. </p><p><br /></p><p>I greatly enjoy the U.S. coins I have. I have no desire to sell my collection. I have no desire to spend thousands of dollars in shipping and grading fees, to say nothing of the shipping risks because of losses and theft, to get my collection CAC approved. It will sit as it is for me, the members of my local club and those to see my exhibits at the major conventions to enjoy until it's sold. Then the auction house and I, if I'm still alive, will determine which coins rate CAC reviews for marketing purposes.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 7332242, member: 101855"]CAC is the reason why I no longer buy significant U.S. coins. If you have to depend on the opinion of one man to determine which coins get into your collection, the time has come to leave. There are too many collectors who won't touch a coin if it does not have a sticker. There are too many collectors who believe blanket statements like, "CAC has reviewed every coin." and "Every coin that appears in the major auctions have been reviewed by CAC." Neither of those statements are true. There are those who will shout me down that those statements have never been made, but let them yell. I've read the posts. I will say that CAC gets it right somewhere around 90 to 95% of the time. That's down from what I said years ago, because it's been my observation that CAC has begun to track with grade-flation, not work against it. I greatly enjoy the U.S. coins I have. I have no desire to sell my collection. I have no desire to spend thousands of dollars in shipping and grading fees, to say nothing of the shipping risks because of losses and theft, to get my collection CAC approved. It will sit as it is for me, the members of my local club and those to see my exhibits at the major conventions to enjoy until it's sold. Then the auction house and I, if I'm still alive, will determine which coins rate CAC reviews for marketing purposes.[/QUOTE]
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