And how would we determine the winner? Are there any CAC insiders here?
Save your money. There could be no quicker way to ruin CAC's business model and reputation than to do what you are suggesting they did.
Strongly disagree. You are assuming the coin doesn't merit a sticker. If you are CAC, you want to advertise yourself on the great rarities.
It's a little less obvious for CAC as there is no competitor. But it is obvious that NGC would not want PCGS to get the coins and Vice Versa. Bragging rights.
I can't keep arguing such a foolish assertion, and an even more foolish "bragging rights" that CAC apparently needs, so I won't. Cheers!
I would like to introduce the Catbert escrow service to those wagering $10,000. I believe we are up to $30,000 thus far assuming the wager is accepted by the original bettor.
Rest assured, your money is safe with me!
Seated Half Society member #38 "Got a flaming heart, can't get my fill"
It's a little less obvious for CAC as there is no competitor. But it is obvious that NGC would not want PCGS to get the coins and Vice Versa. Bragging rights.
I can't keep arguing such a foolish assertion, and an even more foolish "bragging rights" that CAC apparently needs, so I won't. Cheers!
It's not so much an assertion as a suggestion. If I owned PCGS, I would have paid for the right to slab the King of Siam set. Have you not seen their ads that say something like "The Finest coins choose PCGS"? Same reason Heritage or Stacks will pay 115% of hammer to auction named coins.
As I say, CAC has less a need since it has fewer competitors, however there is also zero need to CAC the Eliasberg nickel, yet it happened.
@Catbert said:
I would like to introduce the Catbert escrow service to those wagering $10,000. I believe we are up to $30,000 thus far assuming the wager is accepted by the original bettor.
Rest assured, your money is safe with me!
You are not instilling a whole lot of confidence in your new service. 40K would be the amount held in escrow.
No it would be an absurdity and privacy violation.
Who would audit it anyway let alone have the gall. Not all dealers do US Coins where lack of sticker might be an issue (bullion, mods, inexpensive material).
One could just tell those curious why coins not CAC: “will submit soon but wife’s credit card maxed out” or “have to wait until my credit card lawsuit settled” or “have some you want sell me (ignoring the question, getting out bluesheet)” or “not now my GF car payment, college tuition, nails, hair salon, all denting my budget (lol).”
EagleEye:
You are the only dealer I know whose grading is even tougher than CAC on Indian Head Cents.
so if you like the Indian Head Cent you are selling I do not have to ask if you submitted the coin to CAC.
Every Indian Head cent I ever bought from you received a CAC sticker later on.
What if you're a new collector and you aren't an expert grader? Do you think new collectors should "pay their dues"?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Comments
I make my life simple, 99% of the time I buy CAC
Hey John - I’ll let you sticker my 1804$1 for $100k
Lolol
I can't keep arguing such a foolish assertion, and an even more foolish "bragging rights" that CAC apparently needs, so I won't. Cheers!
You will have to buff out the "D" first.
I’m adding a T and an N
Y'know Bruce, it would take little out of the value and would be talked about a century from now!
Do it!
I would like to introduce the Catbert escrow service to those wagering $10,000. I believe we are up to $30,000 thus far assuming the wager is accepted by the original bettor.
Rest assured, your money is safe with me!
"Got a flaming heart, can't get my fill"
It's not so much an assertion as a suggestion. If I owned PCGS, I would have paid for the right to slab the King of Siam set. Have you not seen their ads that say something like "The Finest coins choose PCGS"? Same reason Heritage or Stacks will pay 115% of hammer to auction named coins.
As I say, CAC has less a need since it has fewer competitors, however there is also zero need to CAC the Eliasberg nickel, yet it happened.
You are not instilling a whole lot of confidence in your new service. 40K would be the amount held in escrow.
Step away for 24 hours and the derailment continues... Please stop posting to this thread in the interest of Numismatics.
Experience the World through Numismatics...it's more than you can imagine.
Wrong thread. Delete.
Your kidding rofl.
No it would be an absurdity and privacy violation.
Who would audit it anyway let alone have the gall. Not all dealers do US Coins where lack of sticker might be an issue (bullion, mods, inexpensive material).
One could just tell those curious why coins not CAC: “will submit soon but wife’s credit card maxed out” or “have to wait until my credit card lawsuit settled” or “have some you want sell me (ignoring the question, getting out bluesheet)” or “not now my GF car payment, college tuition, nails, hair salon, all denting my budget (lol).”
EagleEye:
You are the only dealer I know whose grading is even tougher than CAC on Indian Head Cents.
so if you like the Indian Head Cent you are selling I do not have to ask if you submitted the coin to CAC.
Every Indian Head cent I ever bought from you received a CAC sticker later on.
Another way to do business with dealers is to make an offer to buy their coin with a full return rights if it fails to receive CAC stickering.
As a collector, you have to have a decent understanding of the grading system or you will be returning a lot of purchases.
However, if the coin fails to sticker, you as a collector, pay nothing to CAC.
This thread is 3 years old...... back from the dead.
Yes I guess we burning same old rubbish.
NO. Grade the coin yourself!
What if you're a new collector and you aren't an expert grader? Do you think new collectors should "pay their dues"?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire