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<p>[QUOTE="NPCoin, post: 1145320, member: 5629"]The Greysheet bids reflect "slabbed" coins, as well. The Greysheet reflects correctly graded sight-seen levels. There exists a true market of sight-unseen trading that most general collectors never see. The Bluesheet reflects these bid levels, and as you said, they are usually lower. The transactions that occur are not coins that are simply sent from dealer to dealer to peruse through and send back if they do not like it. True sight-unseen is sale final.</p><p><br /></p><p>This is where CAC has its "use" in the industry. It is to help identify sight-unseen offers that are not sub-par, and may in fact be "PQ" for the grade. By offering an PCGS MS-66 Gold CAC, you can be assured you will receive more than simply PCGS MS-66. At least, that is the idea behind it.</p><p><br /></p><p>Now, because CAC is also a market-maker, this means that they are also directly active in purchasing CAC stickered sight-unseen PCGS and NGC coins. So, to a dealer, not only do you have the high prospect of your green or gold CAC sticker bringing you a premium above sheet bid, but also the assurance that there would be a market for the slab...even if a CAC member has to be the one to purchase it.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 1145320, member: 5629"]The Greysheet bids reflect "slabbed" coins, as well. The Greysheet reflects correctly graded sight-seen levels. There exists a true market of sight-unseen trading that most general collectors never see. The Bluesheet reflects these bid levels, and as you said, they are usually lower. The transactions that occur are not coins that are simply sent from dealer to dealer to peruse through and send back if they do not like it. True sight-unseen is sale final. This is where CAC has its "use" in the industry. It is to help identify sight-unseen offers that are not sub-par, and may in fact be "PQ" for the grade. By offering an PCGS MS-66 Gold CAC, you can be assured you will receive more than simply PCGS MS-66. At least, that is the idea behind it. Now, because CAC is also a market-maker, this means that they are also directly active in purchasing CAC stickered sight-unseen PCGS and NGC coins. So, to a dealer, not only do you have the high prospect of your green or gold CAC sticker bringing you a premium above sheet bid, but also the assurance that there would be a market for the slab...even if a CAC member has to be the one to purchase it.[/QUOTE]
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