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<p>[QUOTE="Lehigh96, post: 628039, member: 15309"]So your point is that the CAC could eliminate the allegations of fraud by simply publishing publicly every opinion of every coin they examine. I think if you read Ruben's (MrBrooklyn) opinion of the CAC, you might think otherwise. I don't have the time to search for his opinion in a previous thread, but there are going to be critics and supporters of the CAC no matter which side of the fence we stand on. Personally, I think the CAC is a very valuable tool for collectors that don't have the opportunity to attend major shows and purchase coins sight seen. Creating a stable sight unseen market is well worth the nominal grading fee that the CAC charges.</p><p><br /></p><p>In addition, I have always been of the opinion that slabbing a coin valued under $200 is generally a waste of money unless the coin is toned, frequently counterfeited, or is of registry quality. To that end, sending a certified coin to the CAC would also be a waste if the coin was not valued at $500+ IMO. I personally own 5 coins that I know were reviewed by the CAC. Everyone is valued well over $1,000. The most expensive one came back with a CAC red sticker. Here is a photo.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Commemoratives/040909.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I have to assume that the CAC keeps track of every coin they see simply to ensure consistency. After all, they don't want the same coin to be submitted multiple times with different results. That actually could be considered fraud, even though the TPG's do it routinely.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 628039, member: 15309"]So your point is that the CAC could eliminate the allegations of fraud by simply publishing publicly every opinion of every coin they examine. I think if you read Ruben's (MrBrooklyn) opinion of the CAC, you might think otherwise. I don't have the time to search for his opinion in a previous thread, but there are going to be critics and supporters of the CAC no matter which side of the fence we stand on. Personally, I think the CAC is a very valuable tool for collectors that don't have the opportunity to attend major shows and purchase coins sight seen. Creating a stable sight unseen market is well worth the nominal grading fee that the CAC charges. In addition, I have always been of the opinion that slabbing a coin valued under $200 is generally a waste of money unless the coin is toned, frequently counterfeited, or is of registry quality. To that end, sending a certified coin to the CAC would also be a waste if the coin was not valued at $500+ IMO. I personally own 5 coins that I know were reviewed by the CAC. Everyone is valued well over $1,000. The most expensive one came back with a CAC red sticker. Here is a photo. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Commemoratives/040909.jpg[/IMG] I have to assume that the CAC keeps track of every coin they see simply to ensure consistency. After all, they don't want the same coin to be submitted multiple times with different results. That actually could be considered fraud, even though the TPG's do it routinely.[/QUOTE]
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