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<p>[QUOTE="Mark Feld, post: 626501, member: 11467"]1) I didn't see where anyone, including CAC, said collectors should buy coins they don't like.</p><p><br /></p><p>2) Your hopes about anyone who collects being able to distinguish between nice MS65's and not so nice ones, are unrealistic - many, if not most collectors cannot do that. And ditto for a lot of dealers. As just one example, I taught the advanced grading class twice at the ANA summer seminar in Colorado Springs and saw how dozens of collectors (and some dealers) (mis)graded coins. Based on your comments, you would be amazed.</p><p><br /></p><p>That doesn't mean CAC or anyone else is making collectors out to be "incompetent morons" - you sound as if you have a chip on your shoulder.</p><p><br /></p><p>4) Please provide some evidence that CAC is making, as you put it "millions of dollars"? You wont be able to, because they aren't. In most cases, their fees are $10/coin up to $10,000 in value and $20 per coin above that. And at the one show per year they have set up at, they have examined collectors' coins for free. They are not set up to, nor do they want to handle huge quantities of coins. Their business plan is not a recipe to make millions.</p><p><br /></p><p>If you don't like CAC and don't want to use their services, that's perfectly fine. Certainly it's not for everyone and it doesn't make sense for a large number of coins. But please, at least don't distort what others have said and stick to the facts when trying to make your points.[/QUOTE]</p><p><br /></p>
[QUOTE="Mark Feld, post: 626501, member: 11467"]1) I didn't see where anyone, including CAC, said collectors should buy coins they don't like. 2) Your hopes about anyone who collects being able to distinguish between nice MS65's and not so nice ones, are unrealistic - many, if not most collectors cannot do that. And ditto for a lot of dealers. As just one example, I taught the advanced grading class twice at the ANA summer seminar in Colorado Springs and saw how dozens of collectors (and some dealers) (mis)graded coins. Based on your comments, you would be amazed. That doesn't mean CAC or anyone else is making collectors out to be "incompetent morons" - you sound as if you have a chip on your shoulder. 4) Please provide some evidence that CAC is making, as you put it "millions of dollars"? You wont be able to, because they aren't. In most cases, their fees are $10/coin up to $10,000 in value and $20 per coin above that. And at the one show per year they have set up at, they have examined collectors' coins for free. They are not set up to, nor do they want to handle huge quantities of coins. Their business plan is not a recipe to make millions. If you don't like CAC and don't want to use their services, that's perfectly fine. Certainly it's not for everyone and it doesn't make sense for a large number of coins. But please, at least don't distort what others have said and stick to the facts when trying to make your points.[/QUOTE]
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