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Will It CAC? #08
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<p>[QUOTE="CamaroDMD, post: 1870199, member: 5233"]This is a very common misconception...one that even I believed for quite sometime. People pay significant premiums for coins with a green bean because of it. A gold bean can mean the coin is undergraded...but it can also mean that the coin is graded correctly, just on the very nice end of the grade spectrum. It just depends on the coin.</p><p><br /></p><p>CAC has actually very cleverly found a niche in the industry. They understood that many coin buyers don't actually grade slabbed coins themselves. Since it's well known that not all graded coins with the same grade are the same...they created a system to show premium and solid coins within a grade. This makes it easier for someone who doesn't know how or doesn't want to grade a slabbed coin to find quality pieces. IMHO, collector's would be better off just learning their chosen hobby...but most people just don't want to I guess.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1870199, member: 5233"]This is a very common misconception...one that even I believed for quite sometime. People pay significant premiums for coins with a green bean because of it. A gold bean can mean the coin is undergraded...but it can also mean that the coin is graded correctly, just on the very nice end of the grade spectrum. It just depends on the coin. CAC has actually very cleverly found a niche in the industry. They understood that many coin buyers don't actually grade slabbed coins themselves. Since it's well known that not all graded coins with the same grade are the same...they created a system to show premium and solid coins within a grade. This makes it easier for someone who doesn't know how or doesn't want to grade a slabbed coin to find quality pieces. IMHO, collector's would be better off just learning their chosen hobby...but most people just don't want to I guess.[/QUOTE]
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