Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
To CAC or not to CAC - official game thread
>
Reply to Thread
Message:
<p>[QUOTE="physics-fan3.14, post: 4207889, member: 19165"]The press says that it is an A or B coin, not a C. Thus, it would stand to reason that 66% of coins should get a CAC (making a certain set of assumptions, of course). Experience has shown this is not the case. CAC claims that it just has to be not low-end. However, nowhere near 66% of coins submitted are CAC'd, as you'd expect from a normal distribution! </p><p><br /></p><p>The market tends to treat CAC coins as premium coins. Is this correct? Is this the point of this thread? Is there any objective answer to this question? Nobody knows! </p><p><br /></p><p>CAC should be identifying accurately graded coins. However, CAC coins often receive a premium over non-CAC coins. I feel like many feel like there has been a self-feedback loop and because the market values CAC coins higher the CAC sticker has become more important and is thus applied to premium coins and so CAC coins are worth more and so more coins are submitted to CAC and the coins that sticker are given a premium. </p><p><br /></p><p>This isn't true, strictly speaking (or, it shouldn't be true). </p><p><br /></p><p>I agree the Walker in question is accurately graded at 65. It just doesn't strike me as a "CAC coin."[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 4207889, member: 19165"]The press says that it is an A or B coin, not a C. Thus, it would stand to reason that 66% of coins should get a CAC (making a certain set of assumptions, of course). Experience has shown this is not the case. CAC claims that it just has to be not low-end. However, nowhere near 66% of coins submitted are CAC'd, as you'd expect from a normal distribution! The market tends to treat CAC coins as premium coins. Is this correct? Is this the point of this thread? Is there any objective answer to this question? Nobody knows! CAC should be identifying accurately graded coins. However, CAC coins often receive a premium over non-CAC coins. I feel like many feel like there has been a self-feedback loop and because the market values CAC coins higher the CAC sticker has become more important and is thus applied to premium coins and so CAC coins are worth more and so more coins are submitted to CAC and the coins that sticker are given a premium. This isn't true, strictly speaking (or, it shouldn't be true). I agree the Walker in question is accurately graded at 65. It just doesn't strike me as a "CAC coin."[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
To CAC or not to CAC - official game thread
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...