Reply to Thread

Message:: [QUOTE="Hobo, post: 334227, member: 11521"]It would help if people understood exactly what CAC does and does not do. What they do is they affix their sticker to the slabs of previously-graded coins that they find are Premium Quality (PQ) for the grade. CAC does not "certify" a TPG's grade. They operate on the premise that all coins within a certain grade are not the same. Suppose you have three 1909-S VDB cents, all graded NGC MS-63. Coin A is the nicest of the bunch and definitely a high-grade MS-63 but not quite good enough to be a 64. Think of Coin A as grading MS-63.9.  Coin B is right in the middle for an MS-63. Think of Coin B as grading MS-63.5.  Coin C is the worst of the bunch. It barely made the grade of MS-63. Think of Coin C as grading MS-63.0.  So, although all three coins are graded MS-63 we see that one is clearly superior to the others. PQ for the grade. It is Coin A that CAC would affix their sticker to. Coin C would be returned without a sticker. Coin B may or may not get a sticker (probably not being middle of the road). Coin A, with the CAC sticker, would command a higher price than other '09-S VDBs slabbed as MS-63 without the CAC sticker. Or at least that is the theory.  It is also thought that a CAC sticker would put an NGC slab on par with a PCGS slab of the same grade with a CAC sticker, i.e., it would remove any perceived difference between the two TPGs. CAC does not charge $150 per coin for their opinion. I checked their web site (very easy to do by the way) and their prices start at $10 for coins valued up to $500 and a 7-day turnaround, $20 up to $5,000 and 7 days, $40 up to $10,000 and 3 days, $100 up to $99,999 and one day, and $200 for rarities of $100,000+ and same day. I hope this clears things up.[/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches