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<p>[QUOTE="Lehigh96, post: 838908, member: 15309"]Doug,</p><p><br /></p><p>While I agree with your overall point, I feel it necessary to nit pick for a moment. The failure of a coin to sticker says very little about the grading ability of the TPG's. After all, John Albanese has stated publicly that just because a coin does not get a sticker does not mean it is overgraded, it simply means that it is low end for the grade. The quoted passage below comes directly from the CAC website:</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>It amazes that every time this topic arises, so do the same old lame one liners about the CAC. Every collector I know recognizes that not all coins of a given grade are created equal. Essentially, everyone admits that there are grades within a grade. The CAC provides an opinion about those grades within the grade. It is not really a second opinion at all. Yet many of these same collectors slam the CAC and the TPG's and curse them as unnecessary evils in the world of Numismatics.</p><p><br /></p><p>From my experience, very few collectors have the requisite grading abilities to consistently come within one grade of the grades assigned by the TPG much less be able to discern grades within a grade. These same collectors constantly brag about what a great deal they got on their latest acquisition which by the use of their superior negotiating skills acquired for less than wholesale. It never occurs to them that the reason the coin was so cheap was because it was low end for the grade. That is not to say one can't get a good deal on a coin. But when one gets a good deal on every coin, that collection is bound to be comprised of lesser quality coins that will not meet the standards of the CAC. There will always be collectors who think the CAC sticker raised the price of the coin. I think those coins were worth more before and after JA put his sticker on the slab. </p><p><br /></p><p>I support the CAC because they provide a valuable service and allow collectors (including myself) to bid comfortably on auction lots sight unseen viewing only photographs. Try grading this one from a photo!</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Franklin%20Half%20Dollars/FranklinHalfDollar1958-DNGCMS67S-8.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 838908, member: 15309"]Doug, While I agree with your overall point, I feel it necessary to nit pick for a moment. The failure of a coin to sticker says very little about the grading ability of the TPG's. After all, John Albanese has stated publicly that just because a coin does not get a sticker does not mean it is overgraded, it simply means that it is low end for the grade. The quoted passage below comes directly from the CAC website: It amazes that every time this topic arises, so do the same old lame one liners about the CAC. Every collector I know recognizes that not all coins of a given grade are created equal. Essentially, everyone admits that there are grades within a grade. The CAC provides an opinion about those grades within the grade. It is not really a second opinion at all. Yet many of these same collectors slam the CAC and the TPG's and curse them as unnecessary evils in the world of Numismatics. From my experience, very few collectors have the requisite grading abilities to consistently come within one grade of the grades assigned by the TPG much less be able to discern grades within a grade. These same collectors constantly brag about what a great deal they got on their latest acquisition which by the use of their superior negotiating skills acquired for less than wholesale. It never occurs to them that the reason the coin was so cheap was because it was low end for the grade. That is not to say one can't get a good deal on a coin. But when one gets a good deal on every coin, that collection is bound to be comprised of lesser quality coins that will not meet the standards of the CAC. There will always be collectors who think the CAC sticker raised the price of the coin. I think those coins were worth more before and after JA put his sticker on the slab. I support the CAC because they provide a valuable service and allow collectors (including myself) to bid comfortably on auction lots sight unseen viewing only photographs. Try grading this one from a photo! [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Franklin%20Half%20Dollars/FranklinHalfDollar1958-DNGCMS67S-8.jpg[/IMG][/QUOTE]
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