FANTASTIC post!!! Getting assistance in improving one's knowledge of grading by submitting to CAC is wonderful for a lot of folks. But it would drive me crazy to let anyone besides myself make the ultimate decisions as to what coins end up in my collection.
Agree that Scuba's post was excellent and I largely agree with it except I keep the beans on the slabs. Who here in their right mind would let CAC decide what they have in their collection? That is not the narrative we are talking about here as that is a different issue altogether. However, if all my coins were CACed (they certainly are not) and all met my personal standard, GREAT that they and I agree.
FANTASTIC post!!! Getting assistance in improving one's knowledge of grading by submitting to CAC is wonderful for a lot of folks. But it would drive me crazy to let anyone besides myself make the ultimate decisions as to what coins end up in my collection.
Agree that Scuba's post was excellent and I largely agree with it except I keep the beans on the slabs. Who here in their right mind would let CAC decide what they have in their collection? That is not the narrative we are talking about here as that is a different issue altogether. However, if all my coins were CACed (they certainly are not) and all met my personal standard, GREAT that they and I agree.
Best, SH
Plenty of folks, actually. I'm not going to name names. I will say it's their prerogative and I don't particularly care... as long as they don't imply that people on a different road are necessarily second class collectors. Cheers.
@JBN said:
Worthwhile read on 'To CAC or Not To CAC' on the Gerry Fortin daily blog.
From that blog post:
"Let's start with the CAC goal. CAC will approve coins that are accurately graded and are in the top 20% of the distribution, at that grade."
That would mean 80% of the coins graded accurately by the TPGs are low end, wouldn't it?
That is not what CAC says. You can get it from the horse's mouth. CAC stickers around 60% of coins submitted. On the CAC website itself, they claim that only about 10% of coins are "low end or overgraded"
Comments
Agree that Scuba's post was excellent and I largely agree with it except I keep the beans on the slabs.
Who here in their right mind would let CAC decide what they have in their collection? That is not the narrative we are talking about here as that is a different issue altogether. However, if all my coins were CACed (they certainly are not) and all met my personal standard, GREAT that they and I agree.
Best, SH
Plenty of folks, actually. I'm not going to name names. I will say it's their prerogative and I don't particularly care... as long as they don't imply that people on a different road are necessarily second class collectors. Cheers.
cac-aide
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Worthwhile read on 'To CAC or Not To CAC' on the Gerry Fortin daily blog.
https://seateddimevarieties.com/DailyBlog.htm
From that blog post:
"Let's start with the CAC goal. CAC will approve coins that are accurately graded and are in the top 20% of the distribution, at that grade."
That would mean 80% of the coins graded accurately by the TPGs are low end, wouldn't it?
Coins must present strictly original surfaces.
I never considered dipped Morgans to have "strictly original surfaces". But they seem to get stickered.
That is not what CAC says. You can get it from the horse's mouth. CAC stickers around 60% of coins submitted. On the CAC website itself, they claim that only about 10% of coins are "low end or overgraded"
Mr. Fortin is simply wrong.