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What is CAC Actually Saying with the Award of a Bean?
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<p>[QUOTE="medoraman, post: 4771008, member: 26302"]This is the nefarious thing about CAC labels. People have major biases. If you see a label saying "X-Free", consumers will automatically assume "X" is bad, and be attracted to something without X. Similarly, put a QA sticker on a coin, and consumers will start to view coins without said sticker as inferior, as in "I wonder why it could never get a bean".</p><p><br /></p><p>Now, if the CAC was reviewing ALL slabbed coins, and PUBLISHING those that in their view do not warrant the grade, this COULD be good for the hobby. But they AREN'T. They are simply cherrypicking certain coins, and how they do it are effectively demeaning coins WITHOUT the stickers.</p><p><br /></p><p>It really is a sneaky program, that effectively bad mouths and makes all other coins worth less money unless you pay them their pound of flesh. WE already had billions sucked out of this hobby by TPG slabbers, and now this. I predict the next iteration will be plastic sleeves over the slabs, grading the condition of the CAC and TPG slab. Can someone say "mint with mint tags beanie babies"? Everyone wants to make money from coin collectors without actually, you know, buying and selling coins.</p><p><br /></p><p>I know, "but Chris, how do you REALLY feel"? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I become animated when talking about my favorite hobby, sorry.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4771008, member: 26302"]This is the nefarious thing about CAC labels. People have major biases. If you see a label saying "X-Free", consumers will automatically assume "X" is bad, and be attracted to something without X. Similarly, put a QA sticker on a coin, and consumers will start to view coins without said sticker as inferior, as in "I wonder why it could never get a bean". Now, if the CAC was reviewing ALL slabbed coins, and PUBLISHING those that in their view do not warrant the grade, this COULD be good for the hobby. But they AREN'T. They are simply cherrypicking certain coins, and how they do it are effectively demeaning coins WITHOUT the stickers. It really is a sneaky program, that effectively bad mouths and makes all other coins worth less money unless you pay them their pound of flesh. WE already had billions sucked out of this hobby by TPG slabbers, and now this. I predict the next iteration will be plastic sleeves over the slabs, grading the condition of the CAC and TPG slab. Can someone say "mint with mint tags beanie babies"? Everyone wants to make money from coin collectors without actually, you know, buying and selling coins. I know, "but Chris, how do you REALLY feel"? :) I become animated when talking about my favorite hobby, sorry.[/QUOTE]
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