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Message:: [QUOTE="vavet, post: 329982, member: 11630"]CAC was formed by dealers for the benefit of dealers in order to generate higher prices for certain coins. The idea is to "create" a market for "stickered" coins, and based on the fact that dealers are funding this project to the tune of $25 million is proof positive that the idea here is to make money. Any benefit to collectors is a secondary consideration. In John Albanese' own words, "roughly 5 percent of the certified coins on the market are dragging down the prices of the remainder of the market". In addition, this concept is tantamount to adding another dimention to the 70 point grading system by separating those coins that are alleged to be superior for the grade from the rest of the pack. Sort of like creating an MS65.6 grade for certain MS65 coins.  The benefit here is that collectors and investors can pay the freight to have someone else do their cherry picking for them whereas the collector who has been cherry picking for years will now basically have to pony up or be shut out.[/QUOTE]