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Just wondering, why aren't the major TPGs competing with CAC?
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<p>[QUOTE="Breakdown, post: 678078, member: 19532"]CAC filled a void in the marketplace that was caused by and could not be filled by PCGS and NGC, at least that is how it seems to me. I am sure that PCGS and NGC are both thinking of ways to expand their business (any good business would) but I don't think the CAC business model is available to them. CAC has survived and expanded because of John Albanese's reputation, plain and simple. If his reputation was questionable or only respected by some, CAC's sticker would have carried little weight. </p><p><br /></p><p>I am happy with the CAC sticker when I buy a coin that has it (I have never bought one because of it), mostly because I recognize that Albanese knows a lot more about grading than I will ever hope to. Because Mark graded at NGC as long as he did, his opinion is entitled to a little deference in this regard. I assume that professional graders know who the really talented eyes are.</p><p><br /></p><p>I do think CAC, probably unintentionally, creates a dilemma for dealers, including many top ones of integrity. If a dealer is offering a high priced coin, and the buyer says he will buy it if the dealer can get it a CAC sticker first, it puts the dealer in a difficult position.[/QUOTE]</p><p><br /></p>
[QUOTE="Breakdown, post: 678078, member: 19532"]CAC filled a void in the marketplace that was caused by and could not be filled by PCGS and NGC, at least that is how it seems to me. I am sure that PCGS and NGC are both thinking of ways to expand their business (any good business would) but I don't think the CAC business model is available to them. CAC has survived and expanded because of John Albanese's reputation, plain and simple. If his reputation was questionable or only respected by some, CAC's sticker would have carried little weight. I am happy with the CAC sticker when I buy a coin that has it (I have never bought one because of it), mostly because I recognize that Albanese knows a lot more about grading than I will ever hope to. Because Mark graded at NGC as long as he did, his opinion is entitled to a little deference in this regard. I assume that professional graders know who the really talented eyes are. I do think CAC, probably unintentionally, creates a dilemma for dealers, including many top ones of integrity. If a dealer is offering a high priced coin, and the buyer says he will buy it if the dealer can get it a CAC sticker first, it puts the dealer in a difficult position.[/QUOTE]
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Just wondering, why aren't the major TPGs competing with CAC?
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