Message:

<p>[QUOTE=&quot;C G Memminger, post: 2120636, member: 71506&quot;]Paying for a CAC review makes sense for a a small fraction of graded coins. Coins on the edge of a steep jump in value, or coins which fetch grades well into the &quot;stratosphere.&quot;&nbsp;&nbsp; I&#039;ve used this example before, but it is illustrative.&nbsp; Send a beautiful 1891-CC Morgan to PCGS....and it comes back 64+. The value of this coin quadruples from 64--&gt;65.&nbsp; And 64+ is NOT 64.5.&nbsp; At the time, dealer bids on the 64/65 were something like $950 / $3800.&nbsp; </p><p><br /></p><p>Whadda ya do?&nbsp; (a) send slab back to P for a re-grade, (b) send it to NGC for a &quot;crack it and re-slab it only if you&#039;ll give it a 5,&quot; (c) crack it and send it to P or N, hoping to catch the 5, but praying it does not come back 4, (d) send it to a lesser TPG service, cracked or slabbed, or (e) send it to CAC, praying for the elusive gold bean, but happy with a greenie.</p><p><br /></p><p>Think about CAC as a form of re-insurance (or re-assurance).&nbsp; You only buy this type of insurance when the economics justify.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in