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Just wondering, why aren't the major TPGs competing with CAC?
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<p>[QUOTE="Lehigh96, post: 683286, member: 15309"]Charmy,</p><p><br /></p><p>I understand your point, but IMO most average collectors can't grade very well at all. It would be nice if everyone could learn how to grade, but it is not an easy thing to do and because of the inherent subjectivity, it is never concrete. I think the registries are responsible for bringing many more collectors to our great hobby. And although some or most of them may be coin robots, they would simply be coin idiots without the TPG's. I will take a coin robot over a coin idiot any day.</p><p><br /></p><p>With regards to the CAC, you know that I asked the boys at CRO to submit my MS65 Lafayette Dollar to the CAC prior to purchasing the coin. This is not an 1881-S Morgan Dollar that I can simply rely on my experience of viewing thousands of coins. I had never seen an MS65 Lafayette Dollar before and there is no way to reasonably expect that I would know how to grade the coin. Here is a photo (courtesy of Mark Goodman) of the coin in question.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Commemoratives/LafayetteDollar1900PCGSMS65Duvall3-.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I was concerned that the coin was an MS64 that was bumped up to an MS65 because of the eye appeal of the piece. My concerns were two fold, the mark on Washington's cheek and the pull away toning between the A & M in AMERICA. For these reasons, I asked that Dave Wnuck (CRO) submit the coin to the CAC for review. My terms were as follows. If the coin stickered, I would agree to buy the coin at the price listed on their website reserving the option to return upon seeing the coin in hand. If the coin did not sticker, I would establish credit and they would send the coin to me on approval at which point I would decide either to pass or make and offer on the coin.</p><p><br /></p><p>Dave quickly agreed to send the coin to the CAC. The coin did not sticker but JA gave his reason on a red sticker that he placed on the holder. He indicated that the coin was an MS65 but the obverse toning was too dark in his opinion to merit a good for the grade sticker (see photo below).</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>At this point Dave sent the coin to me on approval. After seeing the coin in hand I offered to pay 10% below the list price and the consignor of the coin agreed.</p><p><br /></p><p>Here is my question for you. Do you think that when dealing with high price coins of this level that a customer asking for a CAC opinion is wrong? My opinion is that it becomes a service issue at this price level. If you have someone willing to make that large of a purchase, you would want them to return to you as a customer in the future.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 683286, member: 15309"]Charmy, I understand your point, but IMO most average collectors can't grade very well at all. It would be nice if everyone could learn how to grade, but it is not an easy thing to do and because of the inherent subjectivity, it is never concrete. I think the registries are responsible for bringing many more collectors to our great hobby. And although some or most of them may be coin robots, they would simply be coin idiots without the TPG's. I will take a coin robot over a coin idiot any day. With regards to the CAC, you know that I asked the boys at CRO to submit my MS65 Lafayette Dollar to the CAC prior to purchasing the coin. This is not an 1881-S Morgan Dollar that I can simply rely on my experience of viewing thousands of coins. I had never seen an MS65 Lafayette Dollar before and there is no way to reasonably expect that I would know how to grade the coin. Here is a photo (courtesy of Mark Goodman) of the coin in question. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Commemoratives/LafayetteDollar1900PCGSMS65Duvall3-.jpg[/IMG] I was concerned that the coin was an MS64 that was bumped up to an MS65 because of the eye appeal of the piece. My concerns were two fold, the mark on Washington's cheek and the pull away toning between the A & M in AMERICA. For these reasons, I asked that Dave Wnuck (CRO) submit the coin to the CAC for review. My terms were as follows. If the coin stickered, I would agree to buy the coin at the price listed on their website reserving the option to return upon seeing the coin in hand. If the coin did not sticker, I would establish credit and they would send the coin to me on approval at which point I would decide either to pass or make and offer on the coin. Dave quickly agreed to send the coin to the CAC. The coin did not sticker but JA gave his reason on a red sticker that he placed on the holder. He indicated that the coin was an MS65 but the obverse toning was too dark in his opinion to merit a good for the grade sticker (see photo below). [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Commemoratives/040909.jpg[/IMG] At this point Dave sent the coin to me on approval. After seeing the coin in hand I offered to pay 10% below the list price and the consignor of the coin agreed. Here is my question for you. Do you think that when dealing with high price coins of this level that a customer asking for a CAC opinion is wrong? My opinion is that it becomes a service issue at this price level. If you have someone willing to make that large of a purchase, you would want them to return to you as a customer in the future.[/QUOTE]
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Just wondering, why aren't the major TPGs competing with CAC?
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