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<p>[QUOTE="Derek2200, post: 3859333, member: 106755"]I agree the chart says it all. Cac will not prop up a falling market in my view. While it’s a popular boutique it is a very small percentage of the graded material on eBay. It is focused on US coins only. While individuals may pay large premiums for CAC they could be the end user. Not all buyers are huge CAC payers but prefer to shop for PQ material close to bid whether CAC or not. On scarce 4-5 figure and up material of course the sticker can result in a considerably higher CAC bid in the sheet. The recent CAC market report illustrates this but in looking at these coins wonder if I would be that payer who paid more than anyone else in the country in this market in an auction which is a point in time.</p><p><br /></p><p>Certainly coins that are truly PQ will realize more whether CAC or not. Coins deemed average quality by buyers (unattractive toning, spots) will lag behind the pack irregardless of sticker.</p><p><br /></p><p>Many prospectors at shows and auctions out to acquire coins which will CAC and walla now bid at the higher CAC bid in the sheet.[/QUOTE]</p><p><br /></p>
[QUOTE="Derek2200, post: 3859333, member: 106755"]I agree the chart says it all. Cac will not prop up a falling market in my view. While it’s a popular boutique it is a very small percentage of the graded material on eBay. It is focused on US coins only. While individuals may pay large premiums for CAC they could be the end user. Not all buyers are huge CAC payers but prefer to shop for PQ material close to bid whether CAC or not. On scarce 4-5 figure and up material of course the sticker can result in a considerably higher CAC bid in the sheet. The recent CAC market report illustrates this but in looking at these coins wonder if I would be that payer who paid more than anyone else in the country in this market in an auction which is a point in time. Certainly coins that are truly PQ will realize more whether CAC or not. Coins deemed average quality by buyers (unattractive toning, spots) will lag behind the pack irregardless of sticker. Many prospectors at shows and auctions out to acquire coins which will CAC and walla now bid at the higher CAC bid in the sheet.[/QUOTE]
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