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<p>[QUOTE="Lehigh96, post: 654876, member: 15309"]I could not have said it better myself. His intentions had nothing to do with gouging the coin collecting society for $10 grading fees. Although I am sure that he wants the CAC to be profitable and successful, the impact that CAC sticker has on a coins liquidity is much more important than the grading fee. Coin dealers need to be able to move their inventory constantly. The CAC sticker gives added confidence to the collecting public and greatly improves liquidity as well as finally creating a stable sight unseen market.</p><p><br /></p><p>I have purchased a coin because of the CAC sticker. If you would like to read more about the story, please click on the following link. Here is a photo of the coin: 1942-P Jefferson Nickel NGC PF66 CAMEO CAC.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels/JeffersonNickel1942-PSilverNGCPF-11.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><a href="http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Board=2&Number=2486594&Searchpage=1&Main=131406&Words=&topic=0&Search=true#Post2486594" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Board=2&Number=2486594&Searchpage=1&Main=131406&Words=&topic=0&Search=true#Post2486594" rel="nofollow">http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Board=2&Number=2486594&Searchpage=1&Main=131406&Words=&topic=0&Search=true#Post2486594</a></p><p><br /></p><p>For anyone who says that the sticker drives the price of the coin up, I have this response. I can count the number of times I have paid price guide for a coin. The coins I collect are all about eye appeal and in order to attain them, you almost always have to pay a premium to obtain them. If you are unwilling to pay above CDN or Numismedia wholesale, then respectfully, your collection will be comprised mostly of coins that will never get a CAC sticker in the first place. Everyone needs to stop being slaves to the price guides and start deciding for yourself how much the coin is worth to you. Once you start doing that, you will never be able to blame the CAC sticker for the premium. It is all about the coin. I am not saying that every CAC stickered coin has outstanding eye appeal and deserves a premium over bid. However, the ones that do deserve to sell at a premium regardless of the sticker because they are good for the grade and have outstanding eye appeal. Those two factors are what raise the price, not the sticker.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 654876, member: 15309"]I could not have said it better myself. His intentions had nothing to do with gouging the coin collecting society for $10 grading fees. Although I am sure that he wants the CAC to be profitable and successful, the impact that CAC sticker has on a coins liquidity is much more important than the grading fee. Coin dealers need to be able to move their inventory constantly. The CAC sticker gives added confidence to the collecting public and greatly improves liquidity as well as finally creating a stable sight unseen market. I have purchased a coin because of the CAC sticker. If you would like to read more about the story, please click on the following link. Here is a photo of the coin: 1942-P Jefferson Nickel NGC PF66 CAMEO CAC. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels/JeffersonNickel1942-PSilverNGCPF-11.jpg[/IMG] [URL]http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Board=2&Number=2486594&Searchpage=1&Main=131406&Words=&topic=0&Search=true#Post2486594[/URL] For anyone who says that the sticker drives the price of the coin up, I have this response. I can count the number of times I have paid price guide for a coin. The coins I collect are all about eye appeal and in order to attain them, you almost always have to pay a premium to obtain them. If you are unwilling to pay above CDN or Numismedia wholesale, then respectfully, your collection will be comprised mostly of coins that will never get a CAC sticker in the first place. Everyone needs to stop being slaves to the price guides and start deciding for yourself how much the coin is worth to you. Once you start doing that, you will never be able to blame the CAC sticker for the premium. It is all about the coin. I am not saying that every CAC stickered coin has outstanding eye appeal and deserves a premium over bid. However, the ones that do deserve to sell at a premium regardless of the sticker because they are good for the grade and have outstanding eye appeal. Those two factors are what raise the price, not the sticker.[/QUOTE]
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