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CAC Suspends "Normal Tier" Submission for June, 2022.

DelawareDoonsDelawareDoons Posts: 3,070 ✭✭✭✭✭
edited May 24, 2022 9:24AM in U.S. Coin Forum

Demand for CAC's services and their coins clearly remains very high.

Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."

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Comments

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭
    edited May 24, 2022 9:26AM

    Deleted, as date in thread title has been corrected.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • pointfivezeropointfivezero Posts: 1,523 ✭✭✭✭✭

    Thanks DD. I was preparing a small submission but will hold onto it until July.

    At some point, I believe they should charge a small fee for unstickered submissions. This would increase revenue and serve as a deterrent for "tossing in the kitchen sink" when creating an order. I know I have included coins I felt had very little chance to pass but with no cost penalty, I included them anyway.

    Tim

  • DelawareDoonsDelawareDoons Posts: 3,070 ✭✭✭✭✭

    @MFeld said:
    Deleted, as date in thread title has been corrected.

    Thanks for pointing it out!

    Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    fwiw, last time someone posted one of these, it said that X tier would be suspended but the fine print stated, it in fact, would not. perhaps dig a little bit to see what is actually what.

    it may have been something to discourage some submissions that would help them catch up but for those still sending orders in, would still have their items processed.

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭
    edited May 24, 2022 10:30AM

    .> @LanceNewmanOCC said:

    fwiw, last time someone posted one of these, it said that X tier would be suspended but the fine print stated, it in fact, would not. perhaps dig a little bit to see what is actually what.

    it may have been something to discourage some submissions that would help them catch up but for those still sending orders in, would still have their items processed.

    That's not what I recall. It seems clear what, is what.

    Edited to add: Perhaps you're thinking about the option that was available, which allowed lower value coins to still be submitted, but for the cost/fee which corresponded with the higher value tier.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @MFeld said:
    That's not what I recall. It seems clear what, is what.

    Edited to add: Perhaps you're thinking about the option that was available, which allowed lower value coins to still be submitted, but for the cost/fee which corresponded with the higher value tier.

    From here:

    https://forums.collectors.com/discussion/1071697/cac-suspending-regular-tier-subs

    Dear CAC member,

    URGENT

    As of March 1st, 2022, CAC will be unable to process your orders using our regular tier ($16). Our current backlog is at a record level. Turnaround time for completion is unacceptable and not consistent with our mission of providing great service to our members. We are hoping we can restore this service by April 1st. Please keep an eye on our website and Emails for updates on this matter.

    Our resticker ($5), high value $10,000- $25,000($35) and rarities over $25,000 ($75) tiers will remain open. The only other option in our toolbox was to raise fees dramatically—again, unacceptable. I feel this is the best option.

    Also- if possible, please use Federal Express as opposed to Express Mail going forward as the Bedminster Post Office has threatened to file multiple grievances against CAC. The reason: They’re Too Busy? We’re not quite sure - we’ve always treated them in a professional and friendly manner

           Happy collecting! -John Albanese
    

    Note- This change will affect all submissions postmarked 3/1/2022 and after. Coins under the $10,000 threshold may still be submitted on the $35 tier forms during this time.

  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    @MFeld said:
    .> @LanceNewmanOCC said:

    fwiw, last time someone posted one of these, it said that X tier would be suspended but the fine print stated, it in fact, would not. perhaps dig a little bit to see what is actually what.

    it may have been something to discourage some submissions that would help them catch up but for those still sending orders in, would still have their items processed.

    That's not what I recall. It seems clear what, is what.

    Edited to add: Perhaps you're thinking about the option that was available, which allowed lower value coins to still be submitted, but for the cost/fee which corresponded with the higher value tier.

    .
    this.

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • MaywoodMaywood Posts: 1,553 ✭✭✭✭✭

    Oh, the humanity!!!

  • DisneyFanDisneyFan Posts: 1,385 ✭✭✭✭✭

    have included coins I felt had very little chance to pass but with no cost penalty, I included them anyway.

    Tim

    What's your track record on those very little chance to pass coins?

  • pointfivezeropointfivezero Posts: 1,523 ✭✭✭✭✭

    @DisneyFan said:

    have included coins I felt had very little chance to pass but with no cost penalty, I included them anyway.

    Tim

    What's your track record on those very little chance to pass coins?

    Just checked my submissions for the past year. My overall success rate is 65% green and 2.5% gold. But my success rate with "fillers" is probably under 20%. I would say a good 15% to 20% of the submissions were these "filler" type add-on's. But with no out of pocket for those failures, I'm only out the insurance cost which was minimal.

    If they charged a small fee for those coins which did not pass, I would have probably not submitted them as they were mostly the low end variety.

    Tim

  • spacehaydukespacehayduke Posts: 5,065 ✭✭✭✭✭

    yup, times they are a changing............. this is just gonna keep on happening.


    Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
    Everyman Bust Quarters
    Early Quarters
    CAC Capped Bust Quarters
    CAC Barber Quarters
  • DisneyFanDisneyFan Posts: 1,385 ✭✭✭✭✭

    @pointfivezero said:

    Just checked my submissions for the past year. My overall success rate is 65% green and 2.5% gold. But my success rate with "fillers" is probably under 20%. I would say a good 15% to 20% of the submissions were these "filler" type add-on's. But with no out of pocket for those failures, I'm only out the insurance cost which was minimal.

    If they charged a small fee for those coins which did not pass, I would have probably not submitted them as they were mostly the low end variety.

    Tim

    Nice statistics; especially with the ones you did not think would pass! I suspected the mix of submitters is heavily weighted towards dealers and auction houses.

  • cameonut2011cameonut2011 Posts: 9,913 ✭✭✭✭✭

    I don’t blame CAC for capitalizing on the opportunity. I would make the changes permanent to keep low value coins from being submitted in bulk with hopes of a gold bean.

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭
    edited May 25, 2022 4:04AM

    @PerryHall said:

    @MFeld said:
    ......sometimes, it really isn't about the money.

    Agree. CAC is doing this as a public service for their love of the hobby. ;)

    You're (sarcastically) agreeing with something I didn't say.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • logger7logger7 Posts: 7,765 ✭✭✭✭✭

    The economics are dictating the flood of submissions they are getting. I don't know what part of the business is the most costly or labor intensive and how that could be addressed, but I'm sure they have looked at all options.

  • BryceMBryceM Posts: 11,589 ✭✭✭✭✭

    @DelawareDoons said:
    I honestly don't think it's about the money for JA. He's been highly successful in the hobby for decades... He could probably comfortably retire now if he wanted to. I think he runs CAC out of a passion for the hobby, and as a side benefit, he can use CAC to help take care of some of his family. I don't know for sure, but I think they might be one fo those families where the hobby just runs in their blood. If I remember correctly from about 3-4 years ago, JA is on the record as saying they don't make a ton off stickering fees, most of their income comes from making a wholesale market in beaned coins.

    At some point, with the ability to do what you enjoy and spend time with family, the money is just a fringe benefit.

    A possibility that some people simply can't grasp.......

  • ConnecticoinConnecticoin Posts: 12,418 ✭✭✭✭✭

    It is frustrating to see this just after the submission suspension, but I think JA is handling this the best way he can - I cannot think of any viable alternatives. Hopefully when my pending submissions come back things will cool down at CAC B)

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @MFeld said:

    @PerryHall said:

    @MFeld said:
    ......sometimes, it really isn't about the money.

    Agree. CAC is doing this as a public service for their love of the hobby. ;)

    You're (sarcastically) agreeing with something I didn't say.

    I'm sure you know that when it comes to taking shots at dealers, it's always "open season". :)

    It's too bad the shots aren't reserved for those harming the hobby, but it is what it is.

  • EliteCollectionEliteCollection Posts: 140 ✭✭✭✭

    @Connecticoin said:
    It is frustrating to see this just after the submission suspension, but I think JA is handling this the best way he can - I cannot think of any viable alternatives. Hopefully when my pending submissions come back things will cool down at CAC B)

    The other alternative is to increase costs for each tier. I think that would be a better way to do it because the demand shows that his service is in demand and people should be willing to pay more. I think you get so much value from a CAC sticker for what it costs now.

    But JA is doing the right thing for the collectors by keeping price the same but just not sticker any normal tier coins until he can finish the backlog. Though it does effectively increases the $16 tier to $35 if people think it's worth it to submit <$10k coins for a sticker.

  • winestevenwinesteven Posts: 3,723 ✭✭✭✭✭

    While I agree the value is there, increasing the cost only a small amount will not decrease the number of coins being submitted - the demand will still be there!

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • EliteCollectionEliteCollection Posts: 140 ✭✭✭✭

    @winesteven said:
    While I agree the value is there, increasing the cost only a small amount will not decrease the number of coins being submitted - the demand will still be there!

    Steve

    Then the cost should be increased more. It's all about supply and demand. The only other option is for JA to not look at every coin, but that would reduce the quality of CAC and no one wants that. Cost should be at a point where supply (JA's time) meets demand (people willing to pay for CAC stickers at that price). People obviously see the value CAC is providing.

  • CatbertCatbert Posts: 6,257 ✭✭✭✭✭

    There can be no doubt that with the CAC choke point being reached twice in a matter of months that this service is here to stay (and after 14 years in business, of course). The bifurcation in the market has been cemented and it's a no brainer for dealers and collectors to send in coins to capture the premium assigned to those coins who get the bean.

    "Got a flaming heart, can't get my fill"
  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭

    @Catbert said:
    There can be no doubt that with the CAC choke point being reached twice in a matter of months that this service is here to stay (and after 14 years in business, of course). The bifurcation in the market has been cemented and it's a no brainer for dealers and collectors to send in coins to capture the premium assigned to those coins who get the bean.

    I wonder what percentage of the coins are submitted by collectors, who only pay a fee if their coins sticker?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • winestevenwinesteven Posts: 3,723 ✭✭✭✭✭
    edited May 25, 2022 11:19AM

    @Catbert said:
    The bifurcation in the market has been cemented and it's a no brainer for dealers and collectors to send in coins to capture the premium assigned to those coins who get the bean.

    Perhaps more accurately, “…..to capture the premium assigned to those coins who MERIT the bean”?

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • EliteCollectionEliteCollection Posts: 140 ✭✭✭✭
    edited July 12, 2022 8:52PM

    @winesteven said:
    Perhaps more accurately, “…..to capture the premium assigned to those coins who MERIT the bean”?

    Steve

    yup

  • KoveKove Posts: 2,022 ✭✭✭✭

    Now that this has happened again in such a short time, IMO the best option for CAC is to start charging a nominal fee, like $5 or $10, to collectors when their coins don't sticker.

    Right now there's no real downside to just sending in everything, worthy or not.

  • pointfivezeropointfivezero Posts: 1,523 ✭✭✭✭✭

    @Kove said:
    Now that this has happened again in such a short time, IMO the best option for CAC is to start charging a nominal fee, like $5 or $10, to collectors when their coins don't sticker.

    Right now there's no real downside to just sending in everything, worthy or not.

    Yep, as I mentioned in the post above. Even if this is not required or considered as a revenue source, it would serve as a deterrent for some percentage of their current submissions.

    Tim

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭

    @ChocoboLee said:

    @MFeld said:

    @Catbert said:
    There can be no doubt that with the CAC choke point being reached twice in a matter of months that this service is here to stay (and after 14 years in business, of course). The bifurcation in the market has been cemented and it's a no brainer for dealers and collectors to send in coins to capture the premium assigned to those coins who get the bean.

    I wonder what percentage of the coins are submitted by collectors, who only pay a fee if their coins sticker?

    I thought you pay the price no matter if you get a sticker or not. That's how PCGS/NGC works. The incentives are not aligned otherwise because CAC has to do as much work whether or not the coin stickers or not. They should change to charge for each coin. That just makes sense.

    Unless things have changed, collectors aren’t charged for rejects at CAC.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • DelawareDoonsDelawareDoons Posts: 3,070 ✭✭✭✭✭

    I think there is a balance that can be struck between taking care of collectors, and managing demand. My proposal is fairly simple, actually.

    Collectors pay nothing for the first 100 failed coins they submit in a year. Thereafter, they pay $16/coin no matter what.

    Plenty of leeway for aggressive collectors that acquire a lot of coins, but clearly separates out the collectors from the vest dealers.

    Professional Numismatist. "It's like God, Family, Country, except Sticker, Plastic, Coin."

  • DisneyFanDisneyFan Posts: 1,385 ✭✭✭✭✭

    Given the difficulty of meeting the demand for a service to highlight top tier coins, I would not be surprised if eventually PCGS and NGC spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    "spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service."

    Charge $X for grading and an additional $Y to double check the grade we charged $X to assign? I suspect there'd be some unhappy customers.

  • DisneyFanDisneyFan Posts: 1,385 ✭✭✭✭✭

    @MasonG said:
    "spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service."

    Charge $X for grading and an additional $Y to double check the grade we charged $X to assign? I suspect there'd be some unhappy customers.

    CAC isn't double checking the grade, it's saying it's an "A" or "B" and not a "C" coin. From the consumers standpoint, it's one stop shopping. No more sending off a coin to two different grading services (three if you include Photo Seal).

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭

    @MasonG said:
    "spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service."

    Charge $X for grading and an additional $Y to double check the grade we charged $X to assign? I suspect there'd be some unhappy customers.

    “Some”? Well, I suppose that a multitude is a degree of “some”.😉

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @DisneyFan said:

    @MasonG said:
    "spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service."

    Charge $X for grading and an additional $Y to double check the grade we charged $X to assign? I suspect there'd be some unhappy customers.

    CAC isn't double checking the grade, it's saying it's an "A" or "B" and not a "C" coin. From the consumers standpoint, it's one stop shopping. No more sending off a coin to two different grading services (three if you include Photo Seal).

    Fair enough. So then, PCGS would have two levels of grading. I foresee issues.

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭

    @DisneyFan said:

    @MasonG said:
    "spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service."

    Charge $X for grading and an additional $Y to double check the grade we charged $X to assign? I suspect there'd be some unhappy customers.

    CAC isn't double checking the grade, it's saying it's an "A" or "B" and not a "C" coin. From the consumers standpoint, it's one stop shopping. No more sending off a coin to two different grading services (three if you include Photo Seal).

    Double checking your own work is probably a lot less objective and very different from someone else assessing it.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @MFeld said:
    Double checking your own work is probably a lot less objective and very different from someone else assessing it.

    That was my first thought. Next, you'd end up with coins that didn't have stickers, some of which were judged to be "C" coins and some that haven't been evaluated for "A, B or C" yet. Is that the kind of confusion you want to introduce to your product? I mean- CAC has been around for 15 years now and people are still confused about what they do or how it works.

  • Coin FinderCoin Finder Posts: 6,882 ✭✭✭✭✭

    2nd time for cac in less than a year.... Biz is good!

    I am not responsible for the version of me you created inside your head...
  • cameonut2011cameonut2011 Posts: 9,913 ✭✭✭✭✭

    @MFeld said:

    @PerryHall said:

    @MFeld said:
    ......sometimes, it really isn't about the money.

    Agree. CAC is doing this as a public service for their love of the hobby. ;)

    You're (sarcastically) agreeing with something I didn't say.

    What is the significance of a one week turnaround? I seem to recall a couple instances long ago where the turnaround time exceeded one week.

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭

    @cameonut2011 said:

    @MFeld said:

    @PerryHall said:

    @MFeld said:
    ......sometimes, it really isn't about the money.

    Agree. CAC is doing this as a public service for their love of the hobby. ;)

    You're (sarcastically) agreeing with something I didn't say.

    What is the significance of a one week turnaround? I seem to recall a couple instances long ago where the turnaround time exceeded one week.

    I don't know and I'm not going to speculate. But when they made a similar announcement in March, they stated "Turnaround time for completion is unacceptable and not consistent with our mission of providing great service to our members."

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • jmlanzafjmlanzaf Posts: 30,320 ✭✭✭✭✭

    @BryceM said:

    @DelawareDoons said:
    I honestly don't think it's about the money for JA. He's been highly successful in the hobby for decades... He could probably comfortably retire now if he wanted to. I think he runs CAC out of a passion for the hobby, and as a side benefit, he can use CAC to help take care of some of his family. I don't know for sure, but I think they might be one fo those families where the hobby just runs in their blood. If I remember correctly from about 3-4 years ago, JA is on the record as saying they don't make a ton off stickering fees, most of their income comes from making a wholesale market in beaned coins.

    At some point, with the ability to do what you enjoy and spend time with family, the money is just a fringe benefit.

    A possibility that some people simply can't grasp.......

    They don't want to grasp it.

  • jmlanzafjmlanzaf Posts: 30,320 ✭✭✭✭✭

    @MasonG said:
    "spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service."

    Charge $X for grading and an additional $Y to double check the grade we charged $X to assign? I suspect there'd be some unhappy customers.

    You are also not getting the benefit of an independent 2nd opinion.

  • jmlanzafjmlanzaf Posts: 30,320 ✭✭✭✭✭
    edited May 26, 2022 3:38AM

    @DisneyFan said:

    @MasonG said:
    "spinoff their top graders into elite reviewer teams and have those teams award their own stickers as part of an additional cost, upgraded service."

    Charge $X for grading and an additional $Y to double check the grade we charged $X to assign? I suspect there'd be some unhappy customers.

    CAC isn't double checking the grade, it's saying it's an "A" or "B" and not a "C" coin. From the consumers standpoint, it's one stop shopping. No more sending off a coin to two different grading services (three if you include Photo Seal).

    Except you don't have an independent 2nd opinion. I've got 2 NGC opinions and NGC would have every incentive to sticker almost everything.

    You also don't get JAs eyes. You underestimate how much it is about HIS opinion. It's not about the sticker, it's about what the sticker MEANS.

  • cameonut2011cameonut2011 Posts: 9,913 ✭✭✭✭✭

    @BryceM said:

    @DelawareDoons said:
    I honestly don't think it's about the money for JA. He's been highly successful in the hobby for decades... He could probably comfortably retire now if he wanted to. I think he runs CAC out of a passion for the hobby, and as a side benefit, he can use CAC to help take care of some of his family. I don't know for sure, but I think they might be one fo those families where the hobby just runs in their blood. If I remember correctly from about 3-4 years ago, JA is on the record as saying they don't make a ton off stickering fees, most of their income comes from making a wholesale market in beaned coins.

    At some point, with the ability to do what you enjoy and spend time with family, the money is just a fringe benefit.

    A possibility that some people simply can't grasp.......

    Do you think JA is really that passionate about sub $200 coins? I don’t. I could believe that for more expensive advanced collector/investor coins, but not the widgets.

  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭

    @cameonut2011 said:

    @BryceM said:

    @DelawareDoons said:
    I honestly don't think it's about the money for JA. He's been highly successful in the hobby for decades... He could probably comfortably retire now if he wanted to. I think he runs CAC out of a passion for the hobby, and as a side benefit, he can use CAC to help take care of some of his family. I don't know for sure, but I think they might be one fo those families where the hobby just runs in their blood. If I remember correctly from about 3-4 years ago, JA is on the record as saying they don't make a ton off stickering fees, most of their income comes from making a wholesale market in beaned coins.

    At some point, with the ability to do what you enjoy and spend time with family, the money is just a fringe benefit.

    A possibility that some people simply can't grasp.......

    Do you think JA is really that passionate about sub $200 coins? I don’t. I could believe that for more expensive advanced collector/investor coins, but not the widgets.

    Who said that “JA is really that passionate about sub $200 coins”? Saying “I think he runs CAC out of a passion for the hobby.” isn’t remotely close to the same thing as what you implied was said.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • humanssuckhumanssuck Posts: 281 ✭✭✭✭✭

    @DelawareDoons said:
    I think there is a balance that can be struck between taking care of collectors, and managing demand. My proposal is fairly simple, actually.

    Collectors pay nothing for the first 100 failed coins they submit in a year. Thereafter, they pay $16/coin no matter what.

    Plenty of leeway for aggressive collectors that acquire a lot of coins, but clearly separates out the collectors from the vest dealers.

    How about for collectors, you get the first 10 failed coins at no charge for the review, and for every coin after that you get charged double for every coin that does not bean. Incentivize people to think about what they're sending in as opposed to treating it like lotto tickets.

  • Coin FinderCoin Finder Posts: 6,882 ✭✭✭✭✭

    with cac, I personally have no expectations on turn around times.. The coin is graded, It took me 3 to 4 months to get it back! So, no even a month would be fine..... In fact it would be a dream!

    I am not responsible for the version of me you created inside your head...
  • MFeldMFeld Posts: 11,070 ✭✭✭✭✭
    edited May 27, 2022 2:48AM

    @thebigeng said:
    with cac, I personally have no expectations on turn around times.. The coin is graded, It took me 3 to 4 months to get it back! So, no even a month would be fine..... In fact it would be a dream!

    The norm is much less than a month, so your dream can be realized in most cases.😉

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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