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CAC GRADING and SAMPLE SLABS!

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  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭

    @TwoSides2aCoin said:
    I could see innovation dollars in there, but SHQs ? Cheapening the brand out of the chute, in my opinion.... if my opinion counts. ( and, of course, it doesn't).

    But StateHood Uncirculated Quarters! Well SHUQs.

    theknowitalltroll;
  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    @TwoSides2aCoin said:
    I could see innovation dollars in there, but SHQs ? Cheapening the brand out of the chute, in my opinion.... if my opinion counts. ( and, of course, it doesn't).

    I mean, they've already produced and distributed 5000 samples, not including the ANA samples which was a statement made by JA yesterday. It would make it considerably more expensive to use dollars, for a promotional item that they don't charge for. Of the things that have the potential to cheapen the brand, I dont think the sample coin selection is one of them.

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  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭
    edited August 1, 2023 7:21AM

    None of their stuff seen out there so far is a deal for me.

    Coins & Currency
  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    @Cougar1978 said:
    None of their stuff seen out there so far is a deal for me.

    Well Cougar, I don't think anyone is the least bit surprised, you didn't pony up for CAC stickers before they started grading. Maybe when they start doing world coins you can play.

    Founder- Peak Rarities
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  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭

    The 1885-O Dollar has been bid up to CAC Retail - CPG $500. Will they bid it up higher?

    Coins & Currency
  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    @Cougar1978 said:
    The 1885-O Dollar has been bid up to CAC Retail - CPG $500. Will they bid it up higher?

    Maybe, maybe not. It's a 24hr auction where the auction ends 24 hours after the last bid. The bid of $505 was 17 hours ago, so theres a good chance it might end there.

    Founder- Peak Rarities
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  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭
    edited August 1, 2023 8:08AM

    I do wonder what the GC 25c one went for. Had considered bidding on it for grins but felt somebody probably had a nuke bid on there. The ones I see on eBay $250 and up. If money burning a hole in your pocket…..I believe they were giving them out for free at one of the major shows.

    Coins & Currency
  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    @Cougar1978 said:
    I do wonder what the GC 25c one went for. Had considered bidding on it for grins but felt somebody probably had a nuke bid on there. The ones I see on eBay $250 and up. If money burning a hole in your pocket…..I believe they were giving them out for free at one of the major shows.

    It’s still active.

    https://www.greatcollections.com/Coin/1409741/2000-P-State-Quarter-Virginia-Inaugural-Sample-CACG-Choice-BU

    Founder- Peak Rarities
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  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭
    edited August 1, 2023 8:47AM

    I may get it if it’s still around that. At that time my focus was on wining other items had researched week before. Mite make an interesting gift to somebody.

    But when CACG (US Classic) really out even have to pay up bidding wise could have some in my show case at shows at like just 5pct over cost see what happens. Who knows could discover new product line. Not a bad project idea.

    Coins & Currency
  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    If I had to guess, this one will end somewhere around $150 since it will be before Ana when they hand out more.

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  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭

    Would it be better to wait and try to sell as a pair with the Virginia and Pennsylvania quarters?

    theknowitalltroll;
  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭
    edited August 1, 2023 8:57AM

    @DeplorableDan said:
    If I had to guess, this one will end somewhere around $150 since it will be before Ana when they hand out more.

    I hope your right.

    Coins & Currency
  • JimTylerJimTyler Posts: 3,460 ✭✭✭✭✭

    Throwing it off a building and running buses over it is nothing compared to a few years in a dealers showcase.

  • JimTylerJimTyler Posts: 3,460 ✭✭✭✭✭

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    This is a joke right ?

  • FlyingAlFlyingAl Posts: 3,353 ✭✭✭✭✭

    @JimTyler said:

    This is a joke right ?

    No, that's the actual details slab.

    Coin Photographer.

  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭
    edited August 1, 2023 10:13AM

    @DeplorableDan said:

    @Cougar1978 said:
    None of their stuff seen out there so far is a deal for me.

    Well Cougar, I don't think anyone is the least bit surprised, you didn't pony up for CAC stickers before they started grading. Maybe when they start doing world coins you can play.

    I checked the website. I can't find the part of their mission statement that says their goal was to create deals for cougar.

  • JimTylerJimTyler Posts: 3,460 ✭✭✭✭✭

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

  • FlyingAlFlyingAl Posts: 3,353 ✭✭✭✭✭
    edited August 1, 2023 10:50AM

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    The green bean isn't my issue, it's the "Registry points" prominently displayed on the label as if it was a net grade.

    Coin Photographer.

  • MFeldMFeld Posts: 13,722 ✭✭✭✭✭

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    But he was right - he doesn't get it.

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

  • JimTylerJimTyler Posts: 3,460 ✭✭✭✭✭

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    Some people won’t collect any coin without that corporate logo. Now they can collect detail coins.

  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @MFeld said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    But he was right - he doesn't get it.

    I think it's more that people who have never liked CAC are just looking to jump on anything.

  • MFeldMFeld Posts: 13,722 ✭✭✭✭✭
    edited August 1, 2023 10:53AM

    @jmlanzaf said:

    @MFeld said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    But he was right - he doesn't get it.

    I think it's more that people who have never liked CAC are just looking to jump on anything.

    Of course, he didn't want to get it.

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

  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @FlyingAl said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    The green bean isn't my issue, it's the "Registry points" prominently displayed on the label as if it was a net grade.

    I know. I like it. It takes some of the mystery out of pricing details coins. I'd need to see more examples to see if I agree. I'd also need to see them in the market. But for that coin, XF with light cleaning, that seems about right.

  • JimTylerJimTyler Posts: 3,460 ✭✭✭✭✭
    edited August 1, 2023 10:56AM

    @jmlanzaf said:

    @MFeld said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    But he was right - he doesn't get it.

    I think it's more that people who have never liked CAC are just looking to jump on anything.

    And some people jump on everything. I remember many dealers chastised CAC even on their websites, I’m thinking one in particular that only sells CAC coins now. Follow the money.

  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @JimTyler said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    Some people won’t collect any coin without that corporate logo. Now they can collect detail coins.

    No one, other than possibly you, will be confused by the difference between a PCGS CAC and a CACG coin.

    They could have used a different logo on the label but anyone with any business sense knows that would be throwing away valuable brand equity.

  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    Admittedly, I'm not a big fan of having the bean/"logo" on details coins. I cringe at the idea of going to a show, and a sea of modern bullion and details coins all proudly displaying their "bean", but I could get over it. Now "Reg VF20' can go, i dont see why that needs to be prominently displayed anywhere on the slab.

    Founder- Peak Rarities
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  • DropdaflagDropdaflag Posts: 807 ✭✭✭✭✭

    I think I will skip the craze and wait for one with a mint state Morgan Dollar inside.

  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @JimTyler said:

    @jmlanzaf said:

    @MFeld said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    But he was right - he doesn't get it.

    I think it's more that people who have never liked CAC are just looking to jump on anything.

    And some people jump on everything. I remember many dealers chastised CAC even on their websites, I’m thinking one in particular that only sells CAC coins now. Follow the money.

    We didn't jump on anything. We > @DeplorableDan said:

    Admittedly, I'm not a big fan of having the bean/"logo" on details coins. I cringe at the idea of going to a show, and a sea of modern bullion and details coins all proudly displaying their "bean", but I could get over it. Now "Reg VF20' can go, i dont see why that needs to be prominently displayed anywhere on the slab.

    It aids in determining value. I'm fine with it.

  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    @jmlanzaf said:

    It aids in determining value. I'm fine with it.

    I think that's an unintended consequence, but if the information is displayed on the cert lookup, I just don't understand why it has to be prominent on the slab. I have no issue with the notion of assigning a registry value, but i think its going to be confusing in the marketplace for a while.

    Founder- Peak Rarities
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  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @DeplorableDan said:

    @jmlanzaf said:

    It aids in determining value. I'm fine with it.

    I think that's an unintended consequence, but if the information is displayed on the cert lookup, I just don't understand why it has to be prominent on the slab. I have no issue with the notion of assigning a registry value, but i think its going to be confusing in the marketplace for a while.

    I agree. It's an adjustment. People hate new or different. But pricing details coins has always been confusing for the market. This potentially creates an easier valuation method.

    What I'd like to see is more examples before I pass judgment one way or the other. Let me see something heavily corroded or polished to death...

  • rsei0120rsei0120 Posts: 127 ✭✭

    I was wondering about CAC grading, however since they are not taking new members are you still able to get your coins graded? Still new at this., I just acquired a few

  • PerryHallPerryHall Posts: 46,302 ✭✭✭✭✭

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    It looks like the green bean sticker that they gave out for B and A level coins. Perhaps they should have come up with a corporate logo that is sufficiently different especially for problem coins that are detail graded.

    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

  • NewEnglandRaritiesNewEnglandRarities Posts: 1,134 ✭✭✭✭

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Now that is interesting! I must admit I’m jumping the gun with this post as I didn’t read previous, but if this is the case, very interesting.

    New England Rarities...Dealer In Colonial Coinage and Americana
  • jmlanzafjmlanzaf Posts: 34,829 ✭✭✭✭✭

    @PerryHall said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    It looks like the green bean sticker that they gave out for B and A level coins. Perhaps they should have come up with a corporate logo that is sufficiently different especially for problem coins that are detail graded.

    Brand equity.

    There is no confusion in hand.

  • UpGrayeddUpGrayedd Posts: 639 ✭✭✭✭✭

    .> @PerryHall said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    It looks like the green bean sticker that they gave out for B and A level coins. Perhaps they should have come up with a corporate logo that is sufficiently different especially for problem coins that are detail graded.

    Maybe they could change the logo's color (perhaps red) for details coins.

    Philippians 4:4-7

  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭

    @UpGrayedd said:
    .> @PerryHall said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    It looks like the green bean sticker that they gave out for B and A level coins. Perhaps they should have come up with a corporate logo that is sufficiently different especially for problem coins that are detail graded.

    Maybe they could change the logo's color (perhaps red) for details coins.

    Why? Looks like plain English is perfectly clear. People need to understand that the bean on a CACG label is a Corporate logo and won't necessarily mean the same as a bean on other TPG slabs.

    theknowitalltroll;
  • UpGrayeddUpGrayedd Posts: 639 ✭✭✭✭✭

    @BAJJERFAN said:

    @UpGrayedd said:
    .> @PerryHall said:

    @jmlanzaf said:

    @JimTyler said:

    @jmlanzaf said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Why? I like that.

    I don’t get it. IT HAS A GREEN BEAN. On a detail coin. Does that mean it’s an A or B for the grade. Whatever little credibility that bean had just flew out the window.
    Remember……

    It's not a green bean. It's a corporate logo.

    It looks like the green bean sticker that they gave out for B and A level coins. Perhaps they should have come up with a corporate logo that is sufficiently different especially for problem coins that are detail graded.

    Maybe they could change the logo's color (perhaps red) for details coins.

    Why? Looks like plain English is perfectly clear. People need to understand that the bean on a CACG label is a Corporate logo and won't necessarily mean the same as a bean on other TPG slabs.

    Look I get it, and I wasn't confused in the slightest. I understand the difference between the CAC logo, and the CAC sticker for A/B coins. However, it's obvious that some don't, including people on this board. I was merely making a suggestion to help alleviate confusion for details coins. With that said, I doubt JA will care what I or others think in this regard.

    Philippians 4:4-7

  • Namvet69Namvet69 Posts: 9,056 ✭✭✭✭✭

    Would've been classy to ship the sample slab in a CAC box.

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭
    edited August 1, 2023 9:28PM

    @DeplorableDan said:
    If I had to guess, this one will end somewhere around $150 since it will be before Ana when they hand out more.

    Well one now on GC a 2000-P Virginia Quarter - CACG CH BU currently at $31 - go for it.

    Coins & Currency
  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭

    @NewEnglandRarities said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Now that is interesting! I must admit I’m jumping the gun with this post as I didn’t read previous, but if this is the case, very interesting.

    What does the reg VF 20 mean - it’s MV basis?

    Coins & Currency
  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    @Cougar1978 said:

    @NewEnglandRarities said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Now that is interesting! I must admit I’m jumping the gun with this post as I didn’t read previous, but if this is the case, very interesting.

    What does the reg VF 20 mean - it’s MV basis?

    Do you pay attention at all to the other replies when you open a thread?

    Founder- Peak Rarities
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  • MFeldMFeld Posts: 13,722 ✭✭✭✭✭

    @DeplorableDan said:

    @Cougar1978 said:

    @NewEnglandRarities said:

    @FlyingAl said:
    You guys aren't gonna like the details slabs:

    Now that is interesting! I must admit I’m jumping the gun with this post as I didn’t read previous, but if this is the case, very interesting.

    What does the reg VF 20 mean - it’s MV basis?

    Do you pay attention at all to the other replies when you open a thread?

    Define “at all”.
    😉

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

  • robecrobec Posts: 6,771 ✭✭✭✭✭

    @Namvet69 said:
    Would've been classy to ship the sample slab in a CAC box.

    Yours wasn’t?

  • WalkerloverWalkerlover Posts: 923 ✭✭✭✭

    @BAJJERFAN said:

    @UpGrayedd said:

    @DeplorableDan said:

    @Pnies20 said:
    Why are folks getting sent sample slabs?

    Active members over the last year are getting one in the mail. They also have a booth at ANA and will be handing them out on a first come first serve basis.

    Dan, do you know how many of these were made? I'm not a CAC member and can't make it to the ANA show. I have seen several listed on ebay and would like one for my slab collection, but I have been hesitant to pull the trigger as more and more continue to surface.

    Have any sold on eBay at those asking prices? Oh my goodness, $500? holy smokes.

    Expect to see a lot of returns as buyers have buyers remorse or see the prices dropping on EBay in the next few weeks.

  • Cougar1978Cougar1978 Posts: 8,331 ✭✭✭✭✭
    edited August 2, 2023 5:38AM

    For sure - a seller would not want the hassle of a return on that either. Sadly there are people who are going to get ripped on something like that. After they have had their Monday morning coffee expect a flood of returns. One real farce I have seen in here is posters projecting how high they will supposedly go like it’s some legit investment.

    Coins & Currency
  • PeakRaritiesPeakRarities Posts: 3,939 ✭✭✭✭✭

    @Cougar1978 said:
    For sure - a seller would not want the hassle of a return on that either. Sadly there are people who are going to get ripped on something like that. After they have had their Monday morning coffee expect a flood of returns. One real farce I have seen in here is posters projecting how high they will supposedly go like it’s some legit investment.

    Excuse me? I don't recall ever touting sample slabs as an investment, and yes I was predicting how high they would go. In fact, I agreed with you a short time ago when you said how ridiculous it was. What did we say about reading other comments before you opine?

    Founder- Peak Rarities
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  • DNADaveDNADave Posts: 7,277 ✭✭✭✭✭

    How long until there’s a service that will tell me if my CACG coins are strong for the grade or not?

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