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<p>[QUOTE="geekpryde, post: 2085009, member: 36248"]I think there is a bit of a misunderstanding here.</p><p><br /></p><p>I take it by CAC "vendors" you mean CAC Authorized Dealers. If so, then you don't quite have it right. The CAC dealer-members are not required to purchase any and all CAC approved coins that come their way. It's simply that CAC itself, and by that I really mean John Albanese (JA) will buy CAC approved coins at published levels. I believe he publishes there prices on CoinPlex for the most popular series, but really he will make offers on any CAC approved coins just by email or calling CAC. </p><p><br /></p><p><br /></p><p><br /></p><p>That's what it means to make a market, he is willing to put his money where his sticker is, and buy up these coins from dealers and collectors at a fair price. He then unloads these coins at places like HA, and back to other dealers who stock CAC approved coins. He makes a few percent on these transactions, and creates trust in the brand and liquidity.[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 2085009, member: 36248"]I think there is a bit of a misunderstanding here. I take it by CAC "vendors" you mean CAC Authorized Dealers. If so, then you don't quite have it right. The CAC dealer-members are not required to purchase any and all CAC approved coins that come their way. It's simply that CAC itself, and by that I really mean John Albanese (JA) will buy CAC approved coins at published levels. I believe he publishes there prices on CoinPlex for the most popular series, but really he will make offers on any CAC approved coins just by email or calling CAC. That's what it means to make a market, he is willing to put his money where his sticker is, and buy up these coins from dealers and collectors at a fair price. He then unloads these coins at places like HA, and back to other dealers who stock CAC approved coins. He makes a few percent on these transactions, and creates trust in the brand and liquidity.[/QUOTE]
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