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<p>[QUOTE=&quot;illini420, post: 847325, member: 19423&quot;]I disagree with that.&nbsp; </p><p>&nbsp;</p><p>First, under the current pricing, the two products, CAC and SecurePlus, appeal to different types of consumers.&nbsp; CAC costs $10 per coin that qualifies as CAC.&nbsp; Since approximately 50% of coins sent in get the CAC sticker, it basically costs $5 per coin to have it reviewed for a CAC sticker.&nbsp; Alternatively, it costs a minimum of $65 at this time for PCGS SecurePlus.&nbsp; That big of a price spread keeps the two services from directly competing in my opinion.</p><p>&nbsp;</p><p>Second, the big selling point of CAC is that it&#039;s another opinion of the coin.&nbsp; If PCGS is the third party grader, then CAC is the fourth party grade verifier.&nbsp; Since SecureAlert is just another look at the coin by PCGS, it&#039;s still an opinion by PCGS and some folks will still want to pay for that CAC review of the coin as the fourth party opinion.</p><p>&nbsp;</p><p>Finally, I don&#039;t think PCGS sees, or has ever seen, CAC as competition or as taking revenue from them.&nbsp; They do completely different things.&nbsp; PCGS slabs coins with their opinion of the grade.&nbsp; CAC looks at the coins and the slab and verifies that the grade is accurate in their opinion.&nbsp; If someone collects PCGS coins, it has to go to PCGS for slabbing and grading.&nbsp; CAC must be done after PCGS has made their money as CAC doesn&#039;t look at raw coins.[/QUOTE]</p><p><br /></p>

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