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<p>[QUOTE="fiddlehead, post: 2424297, member: 31286"]If you do a little research on the CAC population you'll see that the number of coins that have CAC stickers is far, far below 60% of those that are graded. It might be that high for submitters because they have already made a determination that the coin might CAC, or they wouldn't bother. My rate of success was higher than 60% for a couple of years but I've not had much success lately so my overall average has dropped quite a lot. It also seems to be much harder to get a sticker on older coins and nearly impossible among certain populations because there are so few PQ coins among the survivors. A good example is the 1840 Liberty Seated Dollar. Supposedly 2000 exist and the graded populations between PCGS and NGC is something around 500 or so. The CAC population? 45 - That's less than 10% of the graded population. You'd have to figure that only a minority have been sent in for CAC assessment, but dealers and collectors who happen to have really nice examples would be likely to send them in for assessment disproportionally (i.e., more often than they would send less attractive examples).[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 2424297, member: 31286"]If you do a little research on the CAC population you'll see that the number of coins that have CAC stickers is far, far below 60% of those that are graded. It might be that high for submitters because they have already made a determination that the coin might CAC, or they wouldn't bother. My rate of success was higher than 60% for a couple of years but I've not had much success lately so my overall average has dropped quite a lot. It also seems to be much harder to get a sticker on older coins and nearly impossible among certain populations because there are so few PQ coins among the survivors. A good example is the 1840 Liberty Seated Dollar. Supposedly 2000 exist and the graded populations between PCGS and NGC is something around 500 or so. The CAC population? 45 - That's less than 10% of the graded population. You'd have to figure that only a minority have been sent in for CAC assessment, but dealers and collectors who happen to have really nice examples would be likely to send them in for assessment disproportionally (i.e., more often than they would send less attractive examples).[/QUOTE]
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