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Just wondering, why aren't the major TPGs competing with CAC?
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<p>[QUOTE="The Penny Lady®, post: 683082, member: 16948"]<i>Mark Feld: If CAC makes a mistake by stickering and over-graded coin, they can take it off the market, remove the sticker and sell it as a non CAC coin.</i></p><p><i><br /></i> </p><p>Let me ask this, who's going to say CAC overgraded a coin? You already have the TPG and then CAC saying the coin is correctly graded, now who's going to be the expert to challenge these opinions, especially if you say Albanese is already a noted grading expert (which I don't disagree that he probably is)? Please know I'm not trying to be confrontational, it's just that this doesn't make sense to me, but as I stated earlier in this thread, I already think we rely too heavily on TPGS' and others' opinions on the coins we choose.</p><p><i><br /></i></p><p><i>Breakdown: 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.</i></p><p><br /></p><p>I don't agree that dealers should feel obligated to get another party's opinion (CAC or even a TPG) before he/she sells a coin. Sure the dealer may lose the sell, but again, I take the position that it is up to the buyer to determine whether he/she likes the coin well enough to purchase it, without requiring a dealer to have it holdered or stickered by a TPG or a FPG (Fourth Party Grader like CAC). Presumably, the potential buyer is holding the coin, hopefully looking at it carefully and closely under decent light, and that buyer should be the final judge of whether that coin is for him/her, regardless of what anyone else says or thinks.</p><p><br /></p><p>Now of course there are new collectors who need help, so they should choose someone they trust to help teach them, as well as study on their own. But how will they really learn to grade for themselves if they continually rely on others' opinions, including TPGs and CAC to purchase a coin. Sadly, from what I read here and on other forums, perhaps maybe this is where the coin business is going - maybe eventually collectors won't feel the need to learn to grade because they will simply only buy holdered coins based on everyone elses' opinions.</p><p><br /></p><p>I personally do not guarantee that any of my raw coins will grade a certain number by a TPG, nor do I know many dealers that do either (however, I and most dealers I know do guarantee authenticity of their coins). As I mentioned earlier, a TPG is just another human giving his/her opinion on the quality of a coin. Even if that human does grading for a living, whatever manner he/she was taught or learned to grade probably differs from the way another TPG grader, or you, or me learned - which equals subjectivity, which also equals disparity and disagreement in grading.[/QUOTE]</p><p><br /></p>
[QUOTE="The Penny Lady®, post: 683082, member: 16948"][I]Mark Feld: If CAC makes a mistake by stickering and over-graded coin, they can take it off the market, remove the sticker and sell it as a non CAC coin. [/I] Let me ask this, who's going to say CAC overgraded a coin? You already have the TPG and then CAC saying the coin is correctly graded, now who's going to be the expert to challenge these opinions, especially if you say Albanese is already a noted grading expert (which I don't disagree that he probably is)? Please know I'm not trying to be confrontational, it's just that this doesn't make sense to me, but as I stated earlier in this thread, I already think we rely too heavily on TPGS' and others' opinions on the coins we choose. [I] Breakdown: 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.[/I] I don't agree that dealers should feel obligated to get another party's opinion (CAC or even a TPG) before he/she sells a coin. Sure the dealer may lose the sell, but again, I take the position that it is up to the buyer to determine whether he/she likes the coin well enough to purchase it, without requiring a dealer to have it holdered or stickered by a TPG or a FPG (Fourth Party Grader like CAC). Presumably, the potential buyer is holding the coin, hopefully looking at it carefully and closely under decent light, and that buyer should be the final judge of whether that coin is for him/her, regardless of what anyone else says or thinks. Now of course there are new collectors who need help, so they should choose someone they trust to help teach them, as well as study on their own. But how will they really learn to grade for themselves if they continually rely on others' opinions, including TPGs and CAC to purchase a coin. Sadly, from what I read here and on other forums, perhaps maybe this is where the coin business is going - maybe eventually collectors won't feel the need to learn to grade because they will simply only buy holdered coins based on everyone elses' opinions. I personally do not guarantee that any of my raw coins will grade a certain number by a TPG, nor do I know many dealers that do either (however, I and most dealers I know do guarantee authenticity of their coins). As I mentioned earlier, a TPG is just another human giving his/her opinion on the quality of a coin. Even if that human does grading for a living, whatever manner he/she was taught or learned to grade probably differs from the way another TPG grader, or you, or me learned - which equals subjectivity, which also equals disparity and disagreement in grading.[/QUOTE]
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Just wondering, why aren't the major TPGs competing with CAC?
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