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Will It CAC? #01
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<p>[QUOTE="brg5658, post: 1868220, member: 29751"]Thanks Matt. The take away message for me has been that, 1) Many coins that have the CAC sticker I find very attractive, and high-end -- but not all. 2) Many coins that do not have the CAC sticker I find very attractive, and high-end -- so the absence of a magic bean doesn't mean the coin isn't worthy of the label high-end.</p><p><br /></p><p><i><u>Some other food for thought</u></i>: It is to CAC's advantage to limit the number of beans they apply. Keeping the supply of CAC coins low ensures the current high demand (and premiums) will sustain themselves. One of my (many) concerns with CAC is their possible lack of consistency over time. A coin stickered early on in their business (e.g., 2008) was advantageous to build their image and get enough coins on the market with the green bean that it would be noticed. That same coin submitted today may be held to a different standard, and may not sticker. I think this is part of the reason that some people are confused when they submit their coins to CAC. They have seen probably a dozen similar coins with stickers -- they submit theirs, and it doesn't sticker. Why? In my opinion, part of the "why" is probably because the standard has changed.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 1868220, member: 29751"]Thanks Matt. The take away message for me has been that, 1) Many coins that have the CAC sticker I find very attractive, and high-end -- but not all. 2) Many coins that do not have the CAC sticker I find very attractive, and high-end -- so the absence of a magic bean doesn't mean the coin isn't worthy of the label high-end. [I][U]Some other food for thought[/U][/I]: It is to CAC's advantage to limit the number of beans they apply. Keeping the supply of CAC coins low ensures the current high demand (and premiums) will sustain themselves. One of my (many) concerns with CAC is their possible lack of consistency over time. A coin stickered early on in their business (e.g., 2008) was advantageous to build their image and get enough coins on the market with the green bean that it would be noticed. That same coin submitted today may be held to a different standard, and may not sticker. I think this is part of the reason that some people are confused when they submit their coins to CAC. They have seen probably a dozen similar coins with stickers -- they submit theirs, and it doesn't sticker. Why? In my opinion, part of the "why" is probably because the standard has changed.[/QUOTE]
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