Message:

<p>[QUOTE=&quot;Catbert, post: 617516, member: 12718&quot;]From high end collector TomB in his recent post on the CU boards regarding his discussions with CAC and what they told him (the JA referenced is John Albanese, CAC founder):</p><p>&nbsp;</p><p><font face="Arial">&quot;.....the overall sticker rate is somewhat less than 40%, which I would interpret as very close to 40%. The <span style="color: black">Gold </span>sticker rate is approximately one coin in twelve hundred submitted (0.083%). Essentially, the 40% sticker rate is made up entirely of green stickers. The volume of coins that CAC inspects also surprised me since it was higher than I might have guessed and this would mean to me that there is more market penetration or acceptance of CAC then some might hope. JA mentioned that the early dollars (FH, DB and Gobrecht) had the lowest sticker rate of any niche within the field and that most of the coins that failed to garner a sticker weren&#039;t even close to obtaining the sticker. Additionally, I asked JA if there was a single evaluation standard for all coins or if there was one standard for NGC graded coins and another for PCGS graded coins. The answer is that there is a single standard (the CAC standard) used to evaluate all coins regardless of certification company.&quot;</font></p><p>&nbsp;</p><p><font face="Arial">- - - - - - - - -</font></p><p>&nbsp;</p><p><font face="Arial">&quot;One interpretation of why there is such a low rate for gold sticker coins might be that many pieces have been maxed out by resubmission. Also, the requirement for the gold sticker as explained to me is that the coin must be on the upper half of the <i>next grade up </i>from what the holder states. Therefore, a coin in an MS65 holder must grade <i>at least </i>MS66.6 in the eyes of CAC in order to obtain a gold sticker.&quot; </font>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in