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<p>[QUOTE="Breakdown, post: 825568, member: 19532"]A lot of good points here and I haven't seen this thread until now. I generally agree with Lehigh (Paul) about CAC -- most of the arguments against it, in the end, do not work for me (MikeNoodle has some good points though). </p><p> </p><p>CAC works because Albanese is highly respected. I too find that the best coins I come across that I consider buying more often than not have the sticker (900fine's point). There must be enough people in the field that give CAC some credibility or this would not be so, at least in the series I collect. CAC coins bring more in auction -- this is hard to dispute but not so easy to draw conclusions about. Either buyers have more faith in CAC-stickered coins and it leads to a premium, or simply, the best coins within a grade now have a CAC sticker. It may be a bit of both.</p><p> </p><p>In the end, for me, it is another opinion by someone that knows more about grading than me, even in the series I collect. That second opinion provides some comfort, but I never buy a coin because of the sticker. I have passed on plenty of coins with a CAC sticker and will continue to do so.</p><p> </p><p>Finally, I believe Catbert is correct. A CAC stickered NGC coin will not sell at the same level as a PCGS coin because some people simply don't buy NGC coins. The PCGS Registry is one, although not the only, reason for this.[/QUOTE]</p><p><br /></p>
[QUOTE="Breakdown, post: 825568, member: 19532"]A lot of good points here and I haven't seen this thread until now. I generally agree with Lehigh (Paul) about CAC -- most of the arguments against it, in the end, do not work for me (MikeNoodle has some good points though). CAC works because Albanese is highly respected. I too find that the best coins I come across that I consider buying more often than not have the sticker (900fine's point). There must be enough people in the field that give CAC some credibility or this would not be so, at least in the series I collect. CAC coins bring more in auction -- this is hard to dispute but not so easy to draw conclusions about. Either buyers have more faith in CAC-stickered coins and it leads to a premium, or simply, the best coins within a grade now have a CAC sticker. It may be a bit of both. In the end, for me, it is another opinion by someone that knows more about grading than me, even in the series I collect. That second opinion provides some comfort, but I never buy a coin because of the sticker. I have passed on plenty of coins with a CAC sticker and will continue to do so. Finally, I believe Catbert is correct. A CAC stickered NGC coin will not sell at the same level as a PCGS coin because some people simply don't buy NGC coins. The PCGS Registry is one, although not the only, reason for this.[/QUOTE]
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