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Thread for people who like CAC coins--post some!
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<p>[QUOTE="Lehigh96, post: 1454707, member: 15309"]Chris, my point is that nobody can differentiate between a 64.9 and 65.1. They are so close in quality that on some days the coin will be deemed a 64 and other days a 65, and on both days the assigned grade is correct. That is the inherent subjectivity in coin grading and the major cause of gradeflation.</p><p><br /></p><p>I don't object to the term green bean but in my experience, it is almost always used by critics of the CAC in an attempt to trivialize the service provided by the CAC. It occurs to me that in the other thread that was closed yesterday, Mandy twice stated that she would hire an independent expert before buying an expensive coin. She made this statement while bashing the CAC. I find that ironic since that is exactly what the CAC service provides. For a very small fee ($10) you get an independent opinion of the assigned grade by one of the most knowledgeable people in numismatics. Furthermore, his opinion is documented, permanent, and carries a grade guarantee.</p><p><br /></p><p>Honestly Chris, your objection to the CAC is really the only one that has merit in my opinion since you object to the need for grading all together. I don't understand how someone can support TPG grading and not support the CAC. The argument that the CAC's business model is designed to force collectors to question the validity of the assigned TPG grades is ludicrous. It is that loss of confidence created by gradeflation that opened the door for the CAC to exist in the first place.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1454707, member: 15309"]Chris, my point is that nobody can differentiate between a 64.9 and 65.1. They are so close in quality that on some days the coin will be deemed a 64 and other days a 65, and on both days the assigned grade is correct. That is the inherent subjectivity in coin grading and the major cause of gradeflation. I don't object to the term green bean but in my experience, it is almost always used by critics of the CAC in an attempt to trivialize the service provided by the CAC. It occurs to me that in the other thread that was closed yesterday, Mandy twice stated that she would hire an independent expert before buying an expensive coin. She made this statement while bashing the CAC. I find that ironic since that is exactly what the CAC service provides. For a very small fee ($10) you get an independent opinion of the assigned grade by one of the most knowledgeable people in numismatics. Furthermore, his opinion is documented, permanent, and carries a grade guarantee. Honestly Chris, your objection to the CAC is really the only one that has merit in my opinion since you object to the need for grading all together. I don't understand how someone can support TPG grading and not support the CAC. The argument that the CAC's business model is designed to force collectors to question the validity of the assigned TPG grades is ludicrous. It is that loss of confidence created by gradeflation that opened the door for the CAC to exist in the first place.[/QUOTE]
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Thread for people who like CAC coins--post some!
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