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Why ICGS or NGC etc. when CAC can overrule there grading.
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<p>[QUOTE="JPeace$, post: 2120257, member: 42727"]CAC is always a hot topic on the NGC boards. While not as contentious here, it's still brings out vigorous discussion.</p><p><br /></p><p>IMO, there are many reasons to like CAC. It can help your confidence when buying online. It can help train your eye when you send your coins to their service: when the bean and don't bean. It will help the liquidity of your coin when you go to sell, at least in today's market.</p><p><br /></p><p>IMO, CAC is not infallible. So if they don't "bless" a coin with their bean, it doesn't mean it's not a nice coin. I've seen plenty of examples (some of my own) where I really liked the coin, but CAC did not. So be it. I've also seen plenty of coins with the CAC sticker that I wouldn't want for my collection.</p><p><br /></p><p>Some in the hobby have come to rely solely on their opinion. IMO, this can be dangerous. The founder of CAC is a well known and very respected. So having another opinion is not a bad thing if you're on the fence about a coin.</p><p><br /></p><p>I've left out some of my other thoughts about CAC, but I think I've covered my main opinions and observations about the green/gold bean.</p><p><br /></p><p>You might want to visit the CAC website as the explain what they are trying to do. They don't necessarily "override" a TPG grade. They just determine if they believe it's a "B" or "A" coin for the grade. They also gold bean when they feel the coin is definitely under graded by one full point.[/QUOTE]</p><p><br /></p>
[QUOTE="JPeace$, post: 2120257, member: 42727"]CAC is always a hot topic on the NGC boards. While not as contentious here, it's still brings out vigorous discussion. IMO, there are many reasons to like CAC. It can help your confidence when buying online. It can help train your eye when you send your coins to their service: when the bean and don't bean. It will help the liquidity of your coin when you go to sell, at least in today's market. IMO, CAC is not infallible. So if they don't "bless" a coin with their bean, it doesn't mean it's not a nice coin. I've seen plenty of examples (some of my own) where I really liked the coin, but CAC did not. So be it. I've also seen plenty of coins with the CAC sticker that I wouldn't want for my collection. Some in the hobby have come to rely solely on their opinion. IMO, this can be dangerous. The founder of CAC is a well known and very respected. So having another opinion is not a bad thing if you're on the fence about a coin. I've left out some of my other thoughts about CAC, but I think I've covered my main opinions and observations about the green/gold bean. You might want to visit the CAC website as the explain what they are trying to do. They don't necessarily "override" a TPG grade. They just determine if they believe it's a "B" or "A" coin for the grade. They also gold bean when they feel the coin is definitely under graded by one full point.[/QUOTE]
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Why ICGS or NGC etc. when CAC can overrule there grading.
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