"CAC" sticker? Is this necessary, or should I pursue one?

Really? I'm a sucker "to a certain extent"?

Before labeling me as such, you should know that I've not paid more for a CAC coin -- because I've never bought one with a CAC sticker.

Perhaps you might reconsider your position in light of this fact.

Not quite. What you get from the TPGs is a consensus opinion -- so you're getting one opinion, not three.

I suppose those who are willing to pay more are all just suckers, right?

Or is it simply you who is ignorant (both in terms of my own buying patterns and that of the TPGs grading model) and that results in you being overly dismissive of those who disagree with your opinion?

Listen, you have every right to dismiss the value that a TPG slab or CAC sticker in your own eyes. However, when you label those who disagree with you "suckers" -- and at the same time use misleading/incorrect statements to justify that conclusion -- then I (and others) take issue.

Going forward, please consider your words a bit more carefully.

Thanks in advance...Mike

 

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My opinion is this, considering that the plastic that the coin would be housed in is not necessary, then why should a little sticker on the outside be necessary??

- to sum it up, while a (+) or a (*) or a (CAC) are nice and desirable, buy the coin not the holder

 

No one ever said it was "necessary".

 

+1

 

That has already been discussed...and it was agreed by several members that it is critical to be able to grade and evaluate the coin prior to buying, no matter if it's slabbed or raw. For example, I feel completely comfortable purchasing both raw and slabbed coins of the types I collect because I believe I can evaluate them myself. When I buy a slabbed coin, I always decide for myself what it's grade is...and if it's overgraded (and over priced)...then I pass.

However, I do appreciate the inherent safety that comes when buying a graded coin because I know that if I decide to sell it down the road, it will be much easier to move. I think having coins that are slabbed/stickered allows a coin collection to be more liquid and much safer from an investment standpoint. Despite personal preferences of slabbed vs. raw, there is no arguing that slabbed/stickered coins are easier to sell and do command a little more money.

 

Amen. Sounds like closure.

 

Heck yeah...that makes sense.

Get rid of the stickers.
Get rid of the plastic.
Get rid of the cardboard 2x2s.
Get rid of the Whitmans and Danscos.
Get rid of any other kind of coin containers.

Then we can carry them in our pockets and spend them...:thumb:

 

That would encourage roll searching etc. ( "Oh hey, look!! That cashier gave me 2 dimes and a large cent!")

 

It seems to me a person that doesn't collect numismatic coins unless they only have a small premium over their PM value that coin collecting is going down the same path as sports cards....pretty sad.

 

I don't follow your line of reasoning. Could you elucidate?

 

Do you collect sports cards? And if so did you before and after they had the two major grading services? Sports cards was also ruined when they started putting in all the special inserts.

 

Kind of like what's happening with the explosion of mint products.

I think your comment was very insightful.

 

I do, and cards being ruined had nothing to do with grading. It had everything to do with crazy short print special inserts and an over saturation of products...combine that with a terrible economy and all the old stuff became worthless and only the "flavor of he month" stuff had any value (and short term value at that). It had nothing to do with grading companies.

 

110% keerect.

 

Perhaps you haven't been here long enough to know how I am. I enjoy discussion and debate and don't consider a difference of opinion an argument. Since I don't view it as an argument, I see no reason to try to put it to rest. My involvement in this thread was not to convince you, it was to show others that your opinion was not founded on a solid base of numismatic knowledge and was tantamount to "blowing smoke". You already waffled on your opinion of the CAC, but you are holding fast to your opinions about buying and selling coins, even though you don't buy and sell coins.

Continuing this debate, can you tell me why Legend Numismatics who specializes in high end coins and sells more high end coins than virtually any other firm, insists that every coin they sell be CAC verified? If you would like to view their inventory, here is a link.

Legend Numismatics

If you have the business knowledge that you claim, you should be able to explain to the members of this forum how the CAC is incorporated into their business model.

 

For full disclosure, Legend owns part of CAC...

 

*YAWN*

No, but I am holding fast to my opinion that tried and true business concepts do apply to the coin business. It really is as simple as that.

The "discussion" or "debate" was doomed when I used the word "sucker". After that, most of the responses to my posts didn't actually address any of the points I made, they were basically the Internet forum equivalent of "Nuh-uh!" or "Yuh-huh!"

I have already conceded that getting coins verified by CAC might be a good business move in some circumstances and that some of the reasons I initially thought it didn't were based on false assumptions on both the time and costs involved.

That being the case, your post was unneccessary as this discussion is already over.

If anyone wants to continue the "suckers" part of the discussion, feel free to stop by if you're ever passing through Bozeman on your way to somewhere else via I-90 and we'll sit down and have a few beers.

 

Actually, the discussion/debate was doomed when you started pontificating about things you know nothing about. Most of the problems that are created on internet forums are the result of credibility issues. People post their opinions, treat them like facts, but the reader often knows very little about the qualifications of the person posting. That is what happened here. Nobody knows anything about you. It was discovered rather quickly that your numismatic knowledge was lacking but rather than simply backing off your original statement, you decided to defend yourself by casting yourself as a business expert. Yet, to this point, you have not posted anything about your actual business experience. Where did you obtain your business degree? Where have you worked?

And btw, if the discussion was over, and my post was unnecessary, what does that make your post? Do you just have to have the last word? Furthermore, I stated very clearly that the discussion was not over in my eyes, making my post perfectly necessary. You are just unhappy because I have exposed you for what you are, just another guy who is full of hot air hiding behind the anonymity provided by the internet.