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<p>[QUOTE="Shortgapbob, post: 263053, member: 6088"]I just wanted to see what everybody here thought of the new CAC consortium that is debuting soon. If you haven't heard, they are a group of respected dealers who are uniting and basically grading the coin in grading company slabs. The idea is that they will put their seal of approval (a tamper proof sticker) on coins that they deem to be correctly graded and original. Their goal is to separate truely nice or PQ coins from low quality, overgraded or doctored coins. They are supposed to be using experts in particular fields to examine the coins in that field, rather than generalist graders. </p><p> </p><p>Some of those involved say that this is needed to clean up the TPG grading mess in many areas, like gold, where there are rampant complaints of overgraded coins. They also say that this will help identify doctored coins in holders, as a specialist in a particular area has a better chance at detecting a doctored coin rather than a generalist grader. The CAC is supposedly capatalized at $25 million. </p><p> </p><p>So, what are the opinions of the forum members of this new consortium to examine graded coins? Let the fireworks begin! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Shortgapbob, post: 263053, member: 6088"]I just wanted to see what everybody here thought of the new CAC consortium that is debuting soon. If you haven't heard, they are a group of respected dealers who are uniting and basically grading the coin in grading company slabs. The idea is that they will put their seal of approval (a tamper proof sticker) on coins that they deem to be correctly graded and original. Their goal is to separate truely nice or PQ coins from low quality, overgraded or doctored coins. They are supposed to be using experts in particular fields to examine the coins in that field, rather than generalist graders. Some of those involved say that this is needed to clean up the TPG grading mess in many areas, like gold, where there are rampant complaints of overgraded coins. They also say that this will help identify doctored coins in holders, as a specialist in a particular area has a better chance at detecting a doctored coin rather than a generalist grader. The CAC is supposedly capatalized at $25 million. So, what are the opinions of the forum members of this new consortium to examine graded coins? Let the fireworks begin! :D[/QUOTE]
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