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<p>[QUOTE="brg5658, post: 1989140, member: 29751"]I think this thread is a bit misled. Most of us who don't really give two spits about CAC coins don't have that opinion because we see oodles of CACed coins out there that we don't agree with. I personally don't pay a single bit of attention to a CAC sticker because:</p><p><br /></p><p>1) I don't think it is magical like some people apparently do -- I collect coins to <b><u>my</u></b> standards, not those of John Albanese. Yes, his is another "big wig" opinion, but the vast majority of slabbed coins in the marketplace have not been seen by JA, so who cares. That being said, I won't turn down a CACed coin that's properly priced and meets my standards.</p><p><br /></p><p>2) The supposed meaning of a CAC sticker being an A/B coin, is, in my opinion, misleading. The real purpose of the sticker is a stamp of approval for a coin that JA is willing to purchase and/or trade on his large coin exchanges. The A/B explanation seems to be a post-hoc lay-mans explanation that was made up to try to clarify for gullible people what CAC means. It means JA likes the coin and would let it sell on his (for profit) coin exchanges. Think of the CAC sticker as a "some dealers will trade this coin as a trinket without even looking at the coin" sticker. IF you think it means more than that, you're fooling yourself.</p><p><br /></p><p>3) It is advantageous for CAC to limit the number of submitted coins that they sticker. If they stickered too many coins, the market would not differentiate them in any way from simply NGC and PCGS graded coins. It is a bit of a strange marketing ploy/scheme. As an analogy: Would you pay a professional to work on your car, then take your car to another dealership and have them give their stamp of approval? Do you pay a professional to replace your home's roof, then have another local company come over and inspect it and then put their sign in your front yard? It's just a silly and somewhat "self-aggrandizing" business concept in my opinion.</p><p><br /></p><p>In summary, if you want to focus your collecting on CAC-ed coins, more power to you. But, you're missing out on a LOT of wonderful coins.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 1989140, member: 29751"]I think this thread is a bit misled. Most of us who don't really give two spits about CAC coins don't have that opinion because we see oodles of CACed coins out there that we don't agree with. I personally don't pay a single bit of attention to a CAC sticker because: 1) I don't think it is magical like some people apparently do -- I collect coins to [B][U]my[/U][/B] standards, not those of John Albanese. Yes, his is another "big wig" opinion, but the vast majority of slabbed coins in the marketplace have not been seen by JA, so who cares. That being said, I won't turn down a CACed coin that's properly priced and meets my standards. 2) The supposed meaning of a CAC sticker being an A/B coin, is, in my opinion, misleading. The real purpose of the sticker is a stamp of approval for a coin that JA is willing to purchase and/or trade on his large coin exchanges. The A/B explanation seems to be a post-hoc lay-mans explanation that was made up to try to clarify for gullible people what CAC means. It means JA likes the coin and would let it sell on his (for profit) coin exchanges. Think of the CAC sticker as a "some dealers will trade this coin as a trinket without even looking at the coin" sticker. IF you think it means more than that, you're fooling yourself. 3) It is advantageous for CAC to limit the number of submitted coins that they sticker. If they stickered too many coins, the market would not differentiate them in any way from simply NGC and PCGS graded coins. It is a bit of a strange marketing ploy/scheme. As an analogy: Would you pay a professional to work on your car, then take your car to another dealership and have them give their stamp of approval? Do you pay a professional to replace your home's roof, then have another local company come over and inspect it and then put their sign in your front yard? It's just a silly and somewhat "self-aggrandizing" business concept in my opinion. In summary, if you want to focus your collecting on CAC-ed coins, more power to you. But, you're missing out on a LOT of wonderful coins.[/QUOTE]
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