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<p>[QUOTE=&quot;Lehigh96, post: 1110143, member: 15309&quot;]I personally do not collect CAC certified coins exclusively, but that is due in most part to the fact that the CAC does not grade mint state Jefferson Nickels which are my series.&nbsp; However, I support the CAC because they help collectors make decisions about buying high end coins sight unseen.&nbsp; What I mean by sight unseen are coins offered in auctions by Heritage etc.&nbsp; They usually have very detailed photos, but photos don&#039;t always tell the whole story and they are not a viable substitute for seeing a coin in hand.&nbsp; The added eyes of the CAC in conjunction with the TPG grade reduces the risk of buying coins sight unseen.&nbsp; So much so that I now feel comfortable bidding on high end coins from online auctions sight unseen as long as they are CAC approved.</p><p><br /></p><p>I don&#039;t understand the gripe that the CAC is a scheme to jack up prices.&nbsp; The CAC sticker might increase the price of the coin at purchase, but it will also increase the price of the coin at the time of sale.&nbsp; The only real concern is the long term acceptance of the CAC in the numismatic marketplace.&nbsp; If you buy a CAC coin at a premium price today, and the CAC fails in the next few years, you might not be able to recover the premium paid when you sell.&nbsp; But with high end dealers like Legend throwing their full support behind the CAC, it appears as if they are finally gaining widespread acceptance including acquiesence from the CAC detractors.</p><p><br /></p><p>Mark, you asked if you are missing something.&nbsp; The answer is YES.&nbsp; The idea of incremental grading long pre-dates the CAC.&nbsp; Not every MS64 is the same and there are grades within the grade.&nbsp; The fact is that there are low end, good for grade, and premium quality coins within each numerical grade.&nbsp; All the CAC sticker does is help ensure that a coin is not a low end coin for the assigned grade.&nbsp; Would you be happy paying the same price for a PQ MS64 as one that achieved the MS64 grade because it was cracked out of an MS63 holder and resubmitted three times?</p><p><br /></p><p>I really don&#039;t understand the preoccupation with coin collectors to get a good price on their coins.&nbsp; Personally, I prefer to pay a premium price for premium quality coins whether it be for eye appealing toning, rare market availability, or PQ for the grade.&nbsp; I believe that you get what you pay for.&nbsp; If you pay more for a CAC approved coin, more often than not, you will get a better coin.[/QUOTE]</p><p><br /></p>

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