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<p>[QUOTE="ToughCOINS, post: 3860801, member: 20480"]That is not the benefit of a CAC sticker. There are a good number of buyers and sellers out there who would know the value of coins at the A, B & C levels within a grade, and willingly trade at those levels. As long as the buyer and seller agree upon a coin being an A, B or C, it doesn't matter whether the coin has a CAC sticker or not. They'll settle on a price based on their agreement as to the quality of the coin.</p><p><br /></p><p>The CAC sticker benefits those who cannot determine the value witin the grade for themselves.</p><p><br /></p><p>Moreover, a CAC sticker is absolutely not 100% assurance that most expert graders would agree on the qualities assumed to be necessary for the assigned grade. We have all seen at least a few CAC coins which should not have been stickered, and we've doubtless seen many more which CAC did not sticker, and should have.</p><p><br /></p><p>CAC is top-grading the submissions received, passing fewer coins than they statistically should. <b>When one considers the distribution of coins in the A, B & C bands within a grade, and considers also that most submitters undoubtedly pass over far more C coins than the A & B coins they select for submission, it stands to reason that CAC is actually seeing very few C coins at all, yet their results indicate that most of the coins submitted to them are less than B quality for the grade. </b></p><p><br /></p><p>Frankly, like the early strictness of the TPG's, I think this tightness on CAC's part is self-serving in the short run and self-defeating in the long run. Such selectivity will ultimately be overrun by the need to come clean with the marketplace, and eventually sticker something closer to 70% of all coins submitted to them, which will leave their customers feeling like their standards changed . . . which they will have.</p><p><br /></p><p>Now that I've ranted about CAC, I think it'd be good if we returned to the subject of the "stagnating" coin market.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 3860801, member: 20480"]That is not the benefit of a CAC sticker. There are a good number of buyers and sellers out there who would know the value of coins at the A, B & C levels within a grade, and willingly trade at those levels. As long as the buyer and seller agree upon a coin being an A, B or C, it doesn't matter whether the coin has a CAC sticker or not. They'll settle on a price based on their agreement as to the quality of the coin. The CAC sticker benefits those who cannot determine the value witin the grade for themselves. Moreover, a CAC sticker is absolutely not 100% assurance that most expert graders would agree on the qualities assumed to be necessary for the assigned grade. We have all seen at least a few CAC coins which should not have been stickered, and we've doubtless seen many more which CAC did not sticker, and should have. CAC is top-grading the submissions received, passing fewer coins than they statistically should. [B]When one considers the distribution of coins in the A, B & C bands within a grade, and considers also that most submitters undoubtedly pass over far more C coins than the A & B coins they select for submission, it stands to reason that CAC is actually seeing very few C coins at all, yet their results indicate that most of the coins submitted to them are less than B quality for the grade. [/B] Frankly, like the early strictness of the TPG's, I think this tightness on CAC's part is self-serving in the short run and self-defeating in the long run. Such selectivity will ultimately be overrun by the need to come clean with the marketplace, and eventually sticker something closer to 70% of all coins submitted to them, which will leave their customers feeling like their standards changed . . . which they will have. Now that I've ranted about CAC, I think it'd be good if we returned to the subject of the "stagnating" coin market.[/QUOTE]
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