Home U.S. Coin Forum

PCGS and CAC....Fabulous!

KatanaPilotKatanaPilot Posts: 16 ✭✭
edited January 22, 2024 9:06AM in U.S. Coin Forum

Any moderately intelligent person will agree that anything human opinion based will have variances. Everything!

CAC was openly spawned by a disdain for the completely common knowledge that third party grading is inconsistent by nature. CAC “cured” this problem by selling their alleged “better” opinion. Aside from the fact it’s still absolutely no more than an opinion (except backed by nothing) this is exactly the same as saying PCGS does a poor job. Yet PCGS, the very people being told “you do a poor job and we do it better” completely promotes CAC, has from day one, and has done so all the way to manufacturing CAC “opinion” registry sets.

I’m curious if there are any other individuals here that process these absolutely unarguable facts (different than lame greed-based “my holder with a sticker opinion is worth more money” excuses) as just a tickle-bit fishy?

Or has the entire population been dumbed-down so far as to be this easy to puppetize?

Comments

  • FrazFraz Posts: 2,118 ✭✭✭✭✭

    CAC fight!

  • lermishlermish Posts: 2,925 ✭✭✭✭✭

    @TomB said:

    Sigh. Parking lot finds and CAC are about a third (or more) of this forum recently.

  • lermishlermish Posts: 2,925 ✭✭✭✭✭
  • privatecoinprivatecoin Posts: 3,396 ✭✭✭✭✭

    Remember, buy the holder errr... sticker, not the coin........

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭

    JA founded PCGS and NGC. More recently he founded CAC and CACG. Anyone who believes that the latter won’t end up like the first two long term is, in my humble opinion, being a little gullible.

  • johnny9434johnny9434 Posts: 28,344 ✭✭✭✭✭

    No cac came with this one 😖

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭

    @Fraz said:
    CAC fight!

    How about a PCGS-CAC v. CACG fight? 😂

  • FrazFraz Posts: 2,118 ✭✭✭✭✭
    edited January 20, 2024 1:35PM

    @cameonut2011 said:

    @Fraz said:
    CAC fight!

    How about a PCGS-CAC v. CACG fight? 😂

    In the cage!

  • BECOKABECOKA Posts: 16,960 ✭✭✭

    Ummmm........I have my opinions but will leave them for a more favorable thought provoking discussion.

  • jmlanzafjmlanzaf Posts: 34,263 ✭✭✭✭✭

    Troll

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭

    @Fraz said:

    @cameonut2011 said:

    @Fraz said:
    CAC fight!

    How about a PCGS-CAC v. CACG fight? 😂

    In the cage!

    I know. I even started a thread to see if CAC should start stickering CACG coins so it would be a fairer fight (I.e. PCGS-CAC versus CACG-CAC debate).

  • Manifest_DestinyManifest_Destiny Posts: 6,896 ✭✭✭✭✭

    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,296 ✭✭✭✭✭

    It's a good hobby and the field is wide open. There is more room for men like John, in this hobby. Forget prices, costs, etc..... The best coins are usually in one of two holders and many millions have been seen and approved. There are coins never submitted to any TPGs. There are even more graded coins never seen again, after getting graded the first time that JA would probably love to see. FRESH material. Try to find some.

  • jmlanzafjmlanzaf Posts: 34,263 ✭✭✭✭✭

    @Manifest_Destiny said:
    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

    You can't change, the participants will storm the castle. Any change that removes coins or points will be met with rebellion.

    They also can't eliminate PCGS/CAC coins, they are PCGS coins also.

  • Manifest_DestinyManifest_Destiny Posts: 6,896 ✭✭✭✭✭

    @jmlanzaf said:

    @Manifest_Destiny said:
    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

    You can't change, the participants will storm the castle. Any change that removes coins or points will be met with rebellion.

    They also can't eliminate PCGS/CAC coins, they are PCGS coins also.

    They removed varieties from registry sets and didn't care what the customers thought about it. Removing CAC at least should seem understandable for most people now that they're a competitor.

  • jomjom Posts: 3,442 ✭✭✭✭✭

    @Fraz said:

    @cameonut2011 said:

    @Fraz said:
    CAC fight!

    How about a PCGS-CAC v. CACG fight? 😂

    In the cage!

    Loser Leaves Town!

    jom

  • CatbertCatbert Posts: 7,169 ✭✭✭✭✭

    Don’t feed the troll.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • silviosisilviosi Posts: 458 ✭✭✭
    edited January 21, 2024 4:58PM

    What insult to anyone???!!!!!! Any moderately intelligent person will agree

    Who are you???, What it is moderate intelligent person???? What uneducated person you are !!!!!????

    All Humans has same quantity of inteligence. The differences are direct proportional with their social, economic environement. Yes they are different kinds of intelligence and I will not enter here to explain.

    You insult all the members here. How much do you has on 120 scale in which Einstein was mesured to 126???? Tell me: I am 119 and three time nominate Nobel Price and refused. Talk** as **about you.

    NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN

  • erscoloerscolo Posts: 574 ✭✭✭✭✭
    edited January 20, 2024 5:30PM

    Useless and worthless topic...out of here with one for ignore.

  • jkrkjkrk Posts: 986 ✭✭✭✭✭

    Moderately intelligent> @KatanaPilot said:

    Any moderately intelligent person will agree that anything human opinion based will have variances. Everything!

    CAC was openly spawned by a disdain for the completely common knowledge that third party grading is inconsistent by nature. CAC “cured” this problem by selling their alleged “better” opinion. Aside from the fact it’s still absolutely no more than an opinion (except backed by nothing) this is exactly the same as saying PCGS does a poor job. Yet PCGS, the very people being told “you do a poor job and we do it better” completely promotes CAC, has from day one, and has done so all the way to manufacturing CAC “opinion” registry sets.

    I’m curious if there are any other individuals here that process these absolutely unarguable facts (different than lame greed-based “my holder with a sticker opinion is worth more money” excuses) as just a tickle-bit fishy?

    Or has the entire population been dumbed-down so far as to be this easy to puppetize?

    I aspire to be moderately intelligent.

    Unfortunately, it is a goal I only hope to one day achieve.

    I've been told I'm a poor grader.

    I've bought some graded coins that I believed to be under graded an they have failed to sticker. Yet, I've bought others that I was sure were over graded (double checked with a pro who said they met standards) and they stickered. Now what can I do?

    When I try to sell some coins (for a profit), with a sticker they seem to sell easier and for more money. What to do? Greed is good.

    AS I said, not being the sharpest tack in the box is a problem Do I follow those who call themselves pros or use my own judgement? A long time ago, I was told not to roller skate against a Buffalo herd. So, with my limited judgement, I don't ask why, I don't question the wisdom of others, I simply learned to play the game the same way others do. I enjoy looking at historical artifacts. It's a weakness.

    It's not my game, not my rules, and I recognize early on that if I'm not happy with the temperature in a pool to buy my own pool and set the temperature to my liking. I never criticize others.

  • jmlanzafjmlanzaf Posts: 34,263 ✭✭✭✭✭

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:
    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

    You can't change, the participants will storm the castle. Any change that removes coins or points will be met with rebellion.

    They also can't eliminate PCGS/CAC coins, they are PCGS coins also.

    They removed varieties from registry sets and didn't care what the customers thought about it. Removing CAC at least should seem understandable for most people now that they're a competitor.

    And do you remember how angry everyone was....?

  • Manifest_DestinyManifest_Destiny Posts: 6,896 ✭✭✭✭✭

    @jmlanzaf said:

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:
    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

    You can't change, the participants will storm the castle. Any change that removes coins or points will be met with rebellion.

    They also can't eliminate PCGS/CAC coins, they are PCGS coins also.

    They removed varieties from registry sets and didn't care what the customers thought about it. Removing CAC at least should seem understandable for most people now that they're a competitor.

    And do you remember how angry everyone was....?

    Do you remember how PCGS didn't care and did it anyway?

  • jmlanzafjmlanzaf Posts: 34,263 ✭✭✭✭✭
    edited January 20, 2024 6:38PM

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:
    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

    You can't change, the participants will storm the castle. Any change that removes coins or points will be met with rebellion.

    They also can't eliminate PCGS/CAC coins, they are PCGS coins also.

    They removed varieties from registry sets and didn't care what the customers thought about it. Removing CAC at least should seem understandable for most people now that they're a competitor.

    And do you remember how angry everyone was....?

    Do you remember how PCGS didn't care and did it anyway?

    Yes and no. We don't know that they didn't care. Maybe they learned their lesson. I'm not sure why you want them to do it again, only bigger.

  • Manifest_DestinyManifest_Destiny Posts: 6,896 ✭✭✭✭✭

    @jmlanzaf said:

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:
    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

    You can't change, the participants will storm the castle. Any change that removes coins or points will be met with rebellion.

    They also can't eliminate PCGS/CAC coins, they are PCGS coins also.

    They removed varieties from registry sets and didn't care what the customers thought about it. Removing CAC at least should seem understandable for most people now that they're a competitor.

    And do you remember how angry everyone was....?

    Do you remember how PCGS didn't care and did it anyway?

    Yes and no. We don't know that they didn't care. Maybe they learned their lesson. I'm not sure why you want them to do it again, only bigger.

    I don't care if they do or not. I just don't get the rationale of promoting a competitor.

  • Jacques_LoungecoqueJacques_Loungecoque Posts: 733 ✭✭✭✭✭

    @Fraz said:
    CAC fight!

    Ewwww. That’s gross.

    Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.

  • jmlanzafjmlanzaf Posts: 34,263 ✭✭✭✭✭

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:

    @jmlanzaf said:

    @Manifest_Destiny said:
    Trolling aside, I never understood why PCGS allowed CAC in their registries to start with and didn't immediately remove them when CACG was launched.

    You can't change, the participants will storm the castle. Any change that removes coins or points will be met with rebellion.

    They also can't eliminate PCGS/CAC coins, they are PCGS coins also.

    They removed varieties from registry sets and didn't care what the customers thought about it. Removing CAC at least should seem understandable for most people now that they're a competitor.

    And do you remember how angry everyone was....?

    Do you remember how PCGS didn't care and did it anyway?

    Yes and no. We don't know that they didn't care. Maybe they learned their lesson. I'm not sure why you want them to do it again, only bigger.

    I don't care if they do or not. I just don't get the rationale of promoting a competitor.

    I agree with that.

  • FrazFraz Posts: 2,118 ✭✭✭✭✭

    @cameonut2011 said:

    @Fraz said:

    @cameonut2011 said:

    @Fraz said:
    CAC fight!

    How about a PCGS-CAC v. CACG fight? 😂

    In the cage!

    I know. I even started a thread to see if CAC should start stickering CACG coins so it would be a fairer fight (I.e. PCGS-CAC versus CACG-CAC debate).

    Tag team, throw a vault boxer in too.

  • jmlanzafjmlanzaf Posts: 34,263 ✭✭✭✭✭

    @Fraz said:

    @cameonut2011 said:

    @Fraz said:

    @cameonut2011 said:

    @Fraz said:
    CAC fight!

    How about a PCGS-CAC v. CACG fight? 😂

    In the cage!

    I know. I even started a thread to see if CAC should start stickering CACG coins so it would be a fairer fight (I.e. PCGS-CAC versus CACG-CAC debate).

    Tag team, throw a vault boxer in too.

    In theory, VB coins would be CAC eligible.

  • blitzdudeblitzdude Posts: 5,905 ✭✭✭✭✭

    I sure with this JA would make his own damn message board so we can stop with all the cacs graffiti here at The PCGS. THKS!

    The whole worlds off its rocker, buy Gold™.

  • PeakRaritiesPeakRarities Posts: 3,700 ✭✭✭✭✭
    edited January 21, 2024 7:34AM

    @cameonut2011 said:

    @Fraz said:

    @cameonut2011 said:

    @Fraz said:
    CAC fight!

    How about a PCGS-CAC v. CACG fight? 😂

    In the cage!

    I know. I even started a thread to see if CAC should start stickering CACG coins so it would be a fairer fight (I.e. PCGS-CAC versus CACG-CAC debate).

    CAC stickering CACG slabs? No thanks, that would be alot like David Hall stickering PCGS coins.....oh wait 🤔 lol

    Founder- Peak Rarities
    Website
    Instagram
    Facebook

  • MFeldMFeld Posts: 13,520 ✭✭✭✭✭

    @blitzdude said:
    I sure with this JA would make his own damn message board so we can stop with all the cacs graffiti here at The PCGS. THKS!

    I sure wish you’d pay attention. 😉 CAC has had a message board for years, but that clearly hasn’t stopped people from posting about it here.

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

  • JimTylerJimTyler Posts: 3,400 ✭✭✭✭✭

    You’re not suppose to say that out loud around here.

  • jmlanzafjmlanzaf Posts: 34,263 ✭✭✭✭✭

    @MFeld said:

    @blitzdude said:
    I sure with this JA would make his own damn message board so we can stop with all the cacs graffiti here at The PCGS. THKS!

    I sure wish you’d pay attention. 😉 CAC has had a message board for years, but that clearly hasn’t stopped people from posting about it here.

    Oddly, people don't even bother to visit the caccoin.com website when they have questions. They just post it here for someone else to answer. [Or they make up the answer themselves.]

    For a company that, up until recently, did one thing and only one thing, there's an awful lot of confusion about it 17 years later.

  • DisneyFanDisneyFan Posts: 2,069 ✭✭✭✭✭

    @MFeld said:

    @blitzdude said:
    I sure with this JA would make his own damn message board so we can stop with all the cacs graffiti here at The PCGS. THKS!

    I sure wish you’d pay attention. 😉 CAC has had a message board for years, but that clearly hasn’t stopped people from posting about it here.

    Where else would you have spirited discussions?

  • DoubleEagle59DoubleEagle59 Posts: 8,318 ✭✭✭✭✭
    edited January 21, 2024 9:11AM

    Well, to answer your question, there is one prominent coin dealer that knows better than PCGS by a mile.

    No need to mention any names as he is famous for selling, as an example, a PCGS ms64 slabbed coin for an ms65 price because he 'knows' it is an ms65!!

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • IkesTIkesT Posts: 3,144 ✭✭✭✭✭

    @silviosi said:
    What insult to anyone???!!!!!! Any moderately intelligent person will agree

    Who you are???, what it is moderate intelligent person???? What an uneducated person yue are ????

    All Humans has same quantity of inteligence. The differences are direct proportional with their social, economic environement. Yes are different kind of intelligence and I will not enter here.

    You insult all the members here. How much you has on 120 scale Einstein was mesured and has 126???? Tell me: I am 119 and three time nominate Nobel Price and refused. Talk about you.

    Thank you for bringing civility and humanity back to the Forum.

    You are hereby nominated for the Nobel Price for Piece. o:)

  • silviosisilviosi Posts: 458 ✭✭✭

    I was nominated? Yes. Refused? Yes, because for me those prices are irelatives. You nominate a person in his field and the rest of the team is ignored. For me this it is unfair. In my field which was oncology, it is one thing to say the best studies for the field in one determinated year. And the point will be with this. But if you try to combine all medical fields for one single nomination, for me it is unfair and discrimatory. And second it is why to loose the time in Norvege to listening Wow what a great idea and work during 2 weeks all long the day?, and not instead to be with your pacients and colegues? Just not for me this thing..

    That is. The KatanaPilot member in some how insulted us here with no reason and for this fact I answer as I done.

    I presume him or her will not ever answer to me and allways as the Huglio Iglesias song :The life will go on"

    Silvio

    NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN

  • orevilleoreville Posts: 11,975 ✭✭✭✭✭
    edited January 21, 2024 9:39PM

    Here is an example of how CAC and PCGS are both in a win-win situation for both of them and for the seller AND buyer too! Also the auction company!!

    A 1905-O barber dime in PCGS OGH MS-67 with a CAC gold sticker just sold on Great Collections for over $36,000!

    A Collectors Universe poster since 1997!
  • https://forums.collectors.com/discussion/1009079/pcgs-forum-rules-and-guidelines-updated-4-19-2021

    Posts promoting or bashing other grading companies or services are not allowed.

This discussion has been closed.