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NGC error label with a CAC sticker
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<p>[QUOTE="1865King, post: 8161080, member: 103207"]You said your buddy bought the coin off EBAY. NGC slab with no mint mark noted and the coin has a mint mark. The slab has a CAC sticker on it. That means CAC looked at it and agreed on the grade but, the label on the slab is wrong. I see two red flags here. Is the coin / slab & CAC sticker counterfeit? Don't think I'm kidding there are NGC, PCGS, CAC stickers as well as coins floating around the market. </p><p><br /></p><p>My first problem is why would someone send in a slab to CAC for an evaluation with the wrong label? I wouldn't do it. I would hope CAC would reject it just because of that. <b>CAC is certifying that they agree with the grade on the slab. </b> Well, if the label doesn't match the coin how can they agree the grade is correct? I could be wrong but, maybe CAC would put their sticker on it. However, it kind of defeats the purpose that CAC is supposed to stand for. </p><p><br /></p><p>First thing I would be doing is contacting CAC to find out if they have put their sticker on a slab with the wrong information on the label. If they aren't sure I would find out if they would be willing to look at the slab.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 8161080, member: 103207"]You said your buddy bought the coin off EBAY. NGC slab with no mint mark noted and the coin has a mint mark. The slab has a CAC sticker on it. That means CAC looked at it and agreed on the grade but, the label on the slab is wrong. I see two red flags here. Is the coin / slab & CAC sticker counterfeit? Don't think I'm kidding there are NGC, PCGS, CAC stickers as well as coins floating around the market. My first problem is why would someone send in a slab to CAC for an evaluation with the wrong label? I wouldn't do it. I would hope CAC would reject it just because of that. [B]CAC is certifying that they agree with the grade on the slab. [/B] Well, if the label doesn't match the coin how can they agree the grade is correct? I could be wrong but, maybe CAC would put their sticker on it. However, it kind of defeats the purpose that CAC is supposed to stand for. First thing I would be doing is contacting CAC to find out if they have put their sticker on a slab with the wrong information on the label. If they aren't sure I would find out if they would be willing to look at the slab.[/QUOTE]
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NGC error label with a CAC sticker
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