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<p>[QUOTE="Lehigh96, post: 2496291, member: 15309"]If you believe that gradeflation is real, then you shouldn't see the CAC as a sticker scam. The entire point of the CAC is to separate the A & B coins for each grade from the C coins which are devaluing the price of the coins that are solid for the assigned grade. Furthermore, it doesn't really matter what causes gradeflation. Whether you believe that the TPGs deliberately loosen their standards or whether you believe that the subjectivity inherent to the grading process combined with the financial incentive to resubmit PQ coins, the end result is that high end coins for a particular grade are getting upgraded. Every time that happens, the population for the higher grade increases, and the rarity and value for that grade decreases.</p><p><br /></p><p>So the CAC helps collectors who don't have the requisite experience to handle incremental grading (A, B, & C) make better decisions on which coins to buy. And whether this means that coins without the sticker suffer lower prices and decreased liquidity, or whether coins with the CAC sticker achieve a price premium, the CAC provides a valuable service for higher end coins with significant monetary spreads between grades.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2496291, member: 15309"]If you believe that gradeflation is real, then you shouldn't see the CAC as a sticker scam. The entire point of the CAC is to separate the A & B coins for each grade from the C coins which are devaluing the price of the coins that are solid for the assigned grade. Furthermore, it doesn't really matter what causes gradeflation. Whether you believe that the TPGs deliberately loosen their standards or whether you believe that the subjectivity inherent to the grading process combined with the financial incentive to resubmit PQ coins, the end result is that high end coins for a particular grade are getting upgraded. Every time that happens, the population for the higher grade increases, and the rarity and value for that grade decreases. So the CAC helps collectors who don't have the requisite experience to handle incremental grading (A, B, & C) make better decisions on which coins to buy. And whether this means that coins without the sticker suffer lower prices and decreased liquidity, or whether coins with the CAC sticker achieve a price premium, the CAC provides a valuable service for higher end coins with significant monetary spreads between grades.[/QUOTE]
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