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<p>[QUOTE="Catbert, post: 1924253, member: 12718"]Gawd I love that 1839 coin, Tom. Would like to own that one!</p><p><br /></p><p>I admit to having a preference to own CAC stickered coins (and I've made a few through my collector membership) for my collection. I consider it a validation of quality and I also value the liquidity factor which has served me well when I decide to sell something to fund a new piece. I've resold pieces several times as I find something more compelling that I want to own.</p><p><br /></p><p>I see the service as a net positive for the hobby and have done a 180 on my opinion of them from when they first came on the scene. I initially felt they would simply drive up pricing for the average collector and that would result in driving down the value of what I owned since they were unstickered. However, over time and for coins that are more expensive, I've come to appreciate what they do. I'm willing to pay a small fee for having another expert opinion.</p><p><br /></p><p>While my coins don't reach this value threshold, CAC states the average value of a coin they review is $5000. I don't recommend the service for coins that have a value of < $500 (my suggested threshold). When you add up postage/insurance/submission fee, the value proposition doesn't usually add up for something at that value level.[/QUOTE]</p><p><br /></p>
[QUOTE="Catbert, post: 1924253, member: 12718"]Gawd I love that 1839 coin, Tom. Would like to own that one! I admit to having a preference to own CAC stickered coins (and I've made a few through my collector membership) for my collection. I consider it a validation of quality and I also value the liquidity factor which has served me well when I decide to sell something to fund a new piece. I've resold pieces several times as I find something more compelling that I want to own. I see the service as a net positive for the hobby and have done a 180 on my opinion of them from when they first came on the scene. I initially felt they would simply drive up pricing for the average collector and that would result in driving down the value of what I owned since they were unstickered. However, over time and for coins that are more expensive, I've come to appreciate what they do. I'm willing to pay a small fee for having another expert opinion. While my coins don't reach this value threshold, CAC states the average value of a coin they review is $5000. I don't recommend the service for coins that have a value of < $500 (my suggested threshold). When you add up postage/insurance/submission fee, the value proposition doesn't usually add up for something at that value level.[/QUOTE]
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