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<p>[QUOTE=&quot;johnmilton, post: 4771392, member: 101855&quot;]All CAC is supposed to be saying is that John Albanese&#039;s network of dealers are willing to pay an undisclosed price for a coin because they think the assigned grade is consistent with the market. Note that I said &quot;consistent with the market&quot; which says that market grading is in play.</p><p><br /></p><p>Those who swear by CAC tell us that John Albanese is the greatest grader in the industry and that every coin he gives a green bean to is at least solid for the grade. Although CAC makes no such claim, CAC fans tell us that any coin without the sticker is over graded and therefore “dreck” in the lexicon of a well-known CAC advocate.</p><p><br /></p><p>Furthermore, the CAC clique makes the claim that Albanese has seen every graded coin and that he has reviewed every coin that appears in the major auctions. I think that those are absurd claims. Furthermore, many of us have seen CAC approved coins that didn’t make the grade. Check out the “To CAC or not to CAC” thread, and you will see coins that the majority of people who follow that thread thought that some of those coins fell short despite the CAC endorsement.</p><p><br /></p><p>The trouble with CAC comes from the people who endorse it, not the CAC company. They are quite vociferous with their opinions and will attack anyone who does not agree with them.</p><p><br /></p><p>All of this has turned me off to the U.S. coin market. I don’t buy expensive U.S. coins anymore because of this. I finised a little sub set of Civil War era cents last year. That will probably the last U.S. coins that I will buy, except for the current year&#039;s Proof set and maybe a new commemorative coin or two if it strikes my fancy.[/QUOTE]</p><p><br /></p>

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