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<p>[QUOTE=&quot;GDJMSP, post: 2255350, member: 112&quot;]Let me ask a different question regarding this - </p><p><br /></p><p><br /></p><p><br /></p><p>How many here even know what the current CAC bid is for any given coin at any given time ? For that matter, how many know what a &quot;CAC bid&quot; even is ? In other words when they say &quot;CAC bid&quot; do you know what that means ?</p><p><br /></p><p>I&#039;m sure some do. but I&#039;m also sure that some don&#039;t. Simply put, it is how much CAC itself will pay you for a given coin with a CAC sticker on it.</p><p><br /></p><p>Now the next question is how do you as collectors put that number, whatever that number may be, into perspective ? In other words how does that &quot;CAC bid&quot; number relate to the retail market ? The only way, that I know of anyway, to find that out is for you personally to first get a &quot;bid from CAC&quot; for any given coin or coins. And then for you to look up recent realized prices from a reliable source, stress reliable source. And then to see what those differences are between CAC bid and actual realized prices.</p><p><br /></p><p>That said, I only know what others who have actually done this have reported to me. They have asked CAC for a bid on their CAC coins, and then they (and I) can look up actual realized prices. The result of which was that CAC bid could be as low as 25% of realized prices, and as high as 110% of realized prices. With the average falling in the 70% of realized prices range. In other words if you ask CAC to buy your coin they may only offer $700 for it, but if you try to buy one on the open market it will probably cost you $1000. And of course CAC bid changes at any given moment in time, going both up and down. So the time factor must also be taken into account. </p><p><br /></p><p>This is the reason for the previously quoted statement in the CDN - </p><p><br /></p><p><i>&quot;While prices indicated here represent coins at the higher end of the quality spectrum for the grade, <b>PQ, CAC and plus graded coins will trade for a premium to CDN Bid values</b>.&quot;</i></p><p><br /></p><p>Now is there some way for you as collectors to know what &quot;CAC bid&quot; is for any given coin at any given moment in time ? If there is, I am not aware of it, short of asking them. So if any of you are aware of it, please share.[/QUOTE]</p><p><br /></p>

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