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<p>[QUOTE=&quot;Coinchemistry 2012, post: 2164640, member: 28107&quot;]Your criticism says nothing about CAC as a market maker.&nbsp; A market maker is someone who makes a market in a certain area or their own product.&nbsp; In this case, CAC unquestionably bids on CAC coins.&nbsp; This is clearly fact, and am shocked that someone would dispute that portion.&nbsp; It strikes me that you do not truly understand the role of CAC.&nbsp; In my opinion,&nbsp; I believe it helps provide stability to that part of the market (i.e. for CACed coins) by knowing that the coins are more liquid and can be sold with a simple phone call to CAC.&nbsp; You claim to disagree with CAC&#039;s role as a market maker, but your criticisms seem to address other issues (like unexpected effects in the secondary market).</p><p><br /></p><p>Now, I have heard a couple of people complain that CAC only offers a marginal amount above bid, but I have heard many more collectors say the opposite.&nbsp; Based on my personal experiences, CAC has always been incredibly fair to me giving more that I could sell coins for myself even to collectors in a buy, sell, trade post on forums.&nbsp; When purchasing CAC coins at Heritage Auctions that I hated (MS66 Barber dime and MS62 CC Dime), CAC made me whole.&nbsp; And recently had a $1100 offer on a coin that I have been trying to sell for $1000 for over a year now once I submitted it to them.&nbsp; That is a pretty useful marketing tool for the $12.50 I pay to have the pieces stickered.&nbsp; Your mileage may vary, but as always, I think a wise collector will use all of the marketing tools available to him to his advantage when it comes time to sell.</p><p><br /></p><p>Edited:&nbsp; And to clarify the relevance of my post, it is meant to suggest that the market making function of CAC increases the liquidity of CAC coins and thus at least partially affects the prices paid for them.&nbsp; Also, as stated before, it is not clear to me that the premium is usually tied to the STICKER rather than the COIN.&nbsp; I would argue that in many cases CACed coins sell for more because they tend to be nicer than the average coin (but not always).&nbsp; In some cases, the sticker premium may be possible to determine, but in others, it is difficult to discern whether there is any at all.[/QUOTE]</p><p><br /></p>

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