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<p>[QUOTE=&quot;johnmilton, post: 3395394, member: 101855&quot;]It has been my experience that the error rate is much higher than that. On another blog, I set it at 5%, and the CAC advocates ran off with that as some sort of concession on my part. I have never said that CAC is totally inaccurate. I simply say that you can&#039;t take everything at face value. You need to think for yourself.</p><p><br /></p><p>As for your assertion that one point is unimportant, in the Mint State grade, it can make a lot of difference. Also you should bear in mind that CAC says that they only sticker coins that are &quot;A&quot; or &quot;B&quot; for the grade. They don&#039;t sticker &quot;C&quot; coins even if they just make the grade. That says they should not sticker the coin at all if the coin messes the grade entirely.</p><p><br /></p><p>For example, for the 1838 quarter eagle that I cited earlier the PCGS price guide says that an MS-62 is worth $6,000 and an MS-63 is worth $12,000. On the Grey Sheet, MS-62 is $4,250 and MS-63 is $8,500. Why? These coins are very scarce in strict Mint State, and that’s why the price jumps so much.</p><p><br /></p><p>Here&#039;s the coin in question. Judge it for yourself. Look at the rub above the eagle&#039;s head and in the rest of the fields. Are you ready to pay double the money for one grading point to MS-63?</p><p><br /></p><p>[ATTACH=full]901892[/ATTACH] [ATTACH=full]901893[/ATTACH]</p><p><br /></p><p>Compare to this 1835 quarter eagle which is an MS-62+ CAC. Note the surfaces about the eagle&#039;s head and other areas in the fields have fewer disturbances. [ATTACH=full]901894[/ATTACH] [ATTACH=full]901895[/ATTACH]</p><p><br /></p><p>And here is an 1838 quarter eagle that is graded MS-61.</p><p><br /></p><p>[ATTACH=full]901901[/ATTACH] [ATTACH=full]901902[/ATTACH][/QUOTE]</p><p><br /></p>

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