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What I really Don't Like About CAC...
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<p>[QUOTE="iPen, post: 2731789, member: 69760"]Stock markets, bank runs, futures trading, luxury goods, marketing and its consequential influences on overall demand, etc. are all based on perceptions, whether or not it's tangible. CAC will likely increase the value of a slabbed coin to some degree, for sure, but I was getting at something different.</p><p><br /></p><p>Unfortunately, the same exact coin without a CAC sticker may receive higher bids in many cases. For instance, an MS-63 CAC Peace dollar with rainbow toning in a Rattler will likely sell for more than a completely different, <i>typical </i>1922 Peace dollar without a CAC sticker. If however, you take that CAC sticker off, it may go for far more because people will be <i>more sure</i> that it's an MS-64 or higher, regardless of whether or not it's based on reality. Now, that's not what I or other numismatists would think, necessarily, since we <i>buy the coin and not the holder</i>; but that's what many other folks even including some numismatists <i>would</i> think to be true or highly possible. Which is why sellers can take advantage of that perception.</p><p><br /></p><p>I think I just wasn't clear or thorough to begin with lol <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="iPen, post: 2731789, member: 69760"]Stock markets, bank runs, futures trading, luxury goods, marketing and its consequential influences on overall demand, etc. are all based on perceptions, whether or not it's tangible. CAC will likely increase the value of a slabbed coin to some degree, for sure, but I was getting at something different. Unfortunately, the same exact coin without a CAC sticker may receive higher bids in many cases. For instance, an MS-63 CAC Peace dollar with rainbow toning in a Rattler will likely sell for more than a completely different, [I]typical [/I]1922 Peace dollar without a CAC sticker. If however, you take that CAC sticker off, it may go for far more because people will be [I]more sure[/I] that it's an MS-64 or higher, regardless of whether or not it's based on reality. Now, that's not what I or other numismatists would think, necessarily, since we [I]buy the coin and not the holder[/I]; but that's what many other folks even including some numismatists [I]would[/I] think to be true or highly possible. Which is why sellers can take advantage of that perception. I think I just wasn't clear or thorough to begin with lol :)[/QUOTE]
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What I really Don't Like About CAC...
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