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<p>[QUOTE=&quot;GDJMSP, post: 1921701, member: 112&quot;]But are they solid or high end for the grade ? That is the question. </p><p><br /></p><p>I think you have to remember and ask yourself a question, why does CAC even exist ? </p><p><br /></p><p>They exist because the widespread skepticism and doubts of the market regarding the grading of the TPGs reached such a level that the founders of CAC knew the market was demanding some sort of gut check. That they (the market) wanted reassurance from somebody that hopefully knew more about coins and grading than they (the market) did. They wanted somebody to say - OK, they got this one right.</p><p><br /></p><p>But at the same time CAC &quot;wants&quot; to make money and wants to stay in business, that is the purpose of a business after all. So they (CAC) are only too well aware that they have to accept/approve enough TPG grades to be able to do that. That they have to walk a fine line in other words. Approve too many, and the CAC sticker becomes nothing more than a rubber stamp that carries no weight. Don&#039;t approve enough, and submitters will soon stop sending them in because submissions become an effort in futility and submissions will soon dwindle and stop.</p><p><br /></p><p>So now realize, CAC&#039;s standard is good for the grade, high for the grade, or undergraded (gold sticker). Nothing else will do, nothing else will get a sticker. BUt hey, that&#039;s 3 out of 4 chances, not bad odds. And what have the TPGs done by coming out with the plus grade ? They have invented a new grade. It is no longer just a 64, it is a 64+. The odds just got a whole lot lower.</p><p><br /></p><p>So now, with plus coins, CAC, in order to stick to their standards, has to say yes this plus coin is good for the grade, high for the grade, or under-graded, in order to sticker the slab - or not. And what does that do for CAC ? It puts them between a rock and hard spot is what it does. Now they have to micro-grade even closer than before. Now they have to say yes this coin deserves a plus and gets the sticker or no it does not deserve a plus and does not get the sticker. That means the line they are walking to keep submissions coming in just got narrower. So what do they do ?</p><p><br /></p><p>Easy solution - ignore the plus, and simply treat the coins as before. The line they are walking just went back to the way it was before, 3 out of 4 odds, and business continues.</p><p><br /></p><p>Never forget, it IS a business. And the purpose of a business is to stay in business.[/QUOTE]</p><p><br /></p>

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