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<p>[QUOTE="John Burgess, post: 8237299, member: 105098"]I think I had someone on block and took them off in a change of heart over the coincorgi post last week and now regretting I did. Didn't start seeing this person again, but apparently they've been around. LOL we will try again I suppose it's been a couple years.</p><p><br /></p><p>NGC and ANACS are unrelated business entities. you could argue about founders of these businesses, and them moving on to found competing businesses. but the businesses themselves are unrelated to each other. </p><p><br /></p><p>As far as TPG ranking, it's very clear by sale prices, the "market" trusts,,, in this order:</p><p>1. PCGS</p><p>2. NGC</p><p>3. ANACS and ICG. My personal opinion, one is just as good as the other with these two for what they do, but resale values after grading aren't as high as NGC, and PCGS is even higher than NGC when you go to sell.</p><p><br /></p><p>Just a fact, NOBODY wants to shell out the money for grading, to get 2nd best money on the return, or 3rd best money on the return, unless at a decent discount for the grading. The proof is in the pudding as the saying goes. You may have your biases, but the numbers are the proof.</p><p><br /></p><p>As far as CAC or MAC, one is for older coins, the other is for Moderns. they provide a service on where a coin is solid or better for the grade it was given, it gets their approval sticker. Maybe you don't like their service, or you don't trust their service, or you don't think the opinion deserves the price bumps it gives the coin, that's fine, but many people do think the opinion matters and will pay for it. the fact is, there are low end MS65s and high end MS65s. within the grade and if the CAC Sticker means it's a high end MS65, which it does, people are willing to pay high end money for it. the same applies at every grade. theres top end that makes you say "why wasn't this graded higher?" and there is low end that makes you say "jeesh, what were they thinking, this is wrong."</p><p><br /></p><p>and yeah, a POP1 or POP2 coin at top grade commands a significant premium over a coin that is POP423 in that grade. Why would anyone having a pop1 or pop2 top population coin take grade lower money or baseline for the grade, for it if they just sit tight and someone will come along and pay stupid for it? That's just capitalism in general, the way the world works, the richest can afford to spend stupidly on the nicest things that not everyone can have. It's how we end up with an economy and trickle down. LOL</p><p><br /></p><p>NOW, I'd say a CAC sticker SHOULD increase the value of a coin against it's immediate peers, HOWEVER it shouldn't increase it's value into the grade above by any means, EXCEPT when it's a top population coin with few peers. At that point the sky is the limit really. yeah a normally $1K coin could take $4K or $6K to actually buy if you want that particular coin. </p><p><br /></p><p>I don't like any of the grading companies, or the certifiers, I don't use their services, I may never use their services. But I at least recognize that a person is paying them for their opinion on their coins, and they provide that service for a fee, and there's clearly a market demand for that service. and prospective buyers are willing to pay more (or less) depending on which TPG has done it, and more (or less) with or without a CAC/MAC sticker on it.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 8237299, member: 105098"]I think I had someone on block and took them off in a change of heart over the coincorgi post last week and now regretting I did. Didn't start seeing this person again, but apparently they've been around. LOL we will try again I suppose it's been a couple years. NGC and ANACS are unrelated business entities. you could argue about founders of these businesses, and them moving on to found competing businesses. but the businesses themselves are unrelated to each other. As far as TPG ranking, it's very clear by sale prices, the "market" trusts,,, in this order: 1. PCGS 2. NGC 3. ANACS and ICG. My personal opinion, one is just as good as the other with these two for what they do, but resale values after grading aren't as high as NGC, and PCGS is even higher than NGC when you go to sell. Just a fact, NOBODY wants to shell out the money for grading, to get 2nd best money on the return, or 3rd best money on the return, unless at a decent discount for the grading. The proof is in the pudding as the saying goes. You may have your biases, but the numbers are the proof. As far as CAC or MAC, one is for older coins, the other is for Moderns. they provide a service on where a coin is solid or better for the grade it was given, it gets their approval sticker. Maybe you don't like their service, or you don't trust their service, or you don't think the opinion deserves the price bumps it gives the coin, that's fine, but many people do think the opinion matters and will pay for it. the fact is, there are low end MS65s and high end MS65s. within the grade and if the CAC Sticker means it's a high end MS65, which it does, people are willing to pay high end money for it. the same applies at every grade. theres top end that makes you say "why wasn't this graded higher?" and there is low end that makes you say "jeesh, what were they thinking, this is wrong." and yeah, a POP1 or POP2 coin at top grade commands a significant premium over a coin that is POP423 in that grade. Why would anyone having a pop1 or pop2 top population coin take grade lower money or baseline for the grade, for it if they just sit tight and someone will come along and pay stupid for it? That's just capitalism in general, the way the world works, the richest can afford to spend stupidly on the nicest things that not everyone can have. It's how we end up with an economy and trickle down. LOL NOW, I'd say a CAC sticker SHOULD increase the value of a coin against it's immediate peers, HOWEVER it shouldn't increase it's value into the grade above by any means, EXCEPT when it's a top population coin with few peers. At that point the sky is the limit really. yeah a normally $1K coin could take $4K or $6K to actually buy if you want that particular coin. I don't like any of the grading companies, or the certifiers, I don't use their services, I may never use their services. But I at least recognize that a person is paying them for their opinion on their coins, and they provide that service for a fee, and there's clearly a market demand for that service. and prospective buyers are willing to pay more (or less) depending on which TPG has done it, and more (or less) with or without a CAC/MAC sticker on it.[/QUOTE]
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