Home U.S. Coin Forum
Options

I've decided to only buy coins additionally certified by CAC

2»

Comments

  • This content has been removed.
  • GATGAT Posts: 3,146
    Why not get an opinion of an opinion and so forth into infinity? It's all nothing but a money making racket for the graders. Learn how to grade for yourself.image
    USAF vet 1951-59
  • yellowkidyellowkid Posts: 5,486
    So that means you will pass on a great coin because it doesn't have a green sticker?? Doesn't seem like a very good move....image
  • Maybe QDB, will start his own grading company to grade the graders, after all he is one of the elite in grading of any series. call it the QDBGSOTPGCO.

    Or maybe - St. Guru can start a 4th party grading service- Heavenly Saint Grading Specialists.

    If you don't know it- why buy it?



  • BearBear Posts: 18,953 ✭✭✭
    Its your money and your collection. Any way you wish
    to collect is your business and is fine.

    2. If the presence of a CAC sticker gives you added confidence
    in buying a coin that is fine. iN FACT, THAT IS THE PURPOSE OF CAC.

    3. I do not necessarily like all the coins that get a CAC sticker, but I
    generally dislike coins that are regected by CAC. My problem is.......
    How does one know if a coin has been submitted to CAC or not.

    4. When people make disagreeable and unpleasent statements, rather
    then constructive and polite comments, I have learned to ignore them.

    5.Be happy, enjoy your collection and have fun with collecting.

    image
    There once was a place called
    Camelotimage
  • Second opinions are always smart. Consider it an insurance policy if you are buying high end coins (in paticular, proof gold). If the coin is already stickered then it's at no cost to you, but considering the CAC fee is still $10 it's worth it (unless the coin is a $100 coin or less).



    BGG
  • This content has been removed.
  • PerryHallPerryHall Posts: 46,799 ✭✭✭✭✭
    John Albanese seems to be the brains behind this operation. What happens if he dies or retires? Who at CAC will be evaluating the coins? Will CAC still be in operation?

    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

  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>will probably miss out on a lot of great coins as I'm sure a very large percentage of slabs have never been looked at by CAC... >>



    And there are a lot of slabbed coins that never will get looked at by CAC.
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,255 ✭✭✭✭✭


    << <i>I believe that could prove to be a mistake when buying top pop coins, as an example i wanted to acquire a wonderful plate coin, and I sent it to CAC just to see if it would sticker, JA called me to tell me that it had a great strike, surfaces were 100% original and unmessed with and naturally toned but a little dark and the luster was muted so it wasn't an "A" or "B", it was a "C" and therefore it doesn't get a sticker. So what did I get out of it, I got JA's opinion which is important to me, I didn't get a sticker, but I have a rarity that is completely original so it's a keeper, probably 2nd finest known for the variety.
    If I hear what you are saying, is if it doesn't sticker then you aren't buying it, therefore if I followed your plan I would miss out on this great classic coin.
    Just food for thought, never say never.image >>



    At least you got some splainin.image
    theknowitalltroll;
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,554 ✭✭✭✭✭
    image
    I will liken this to say :
    I didn't vote for the current administration, but I will most certainly support them...
    ...in the form of higher taxes image
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>Its your money and your collection. Any way you wish
    to collect is your business and is fine.

    2. If the presence of a CAC sticker gives you added confidence
    in buying a coin that is fine. iN FACT, THAT IS THE PURPOSE OF CAC.

    3. I do not necessarily like all the coins that get a CAC sticker, but I
    generally dislike coins that are regected by CAC. My problem is.......
    How does one know if a coin has been submitted to CAC or not.

    4. When people make disagreeable and unpleasent statements, rather
    then constructive and polite comments, I have learned to ignore them.

    5.Be happy, enjoy your collection and have fun with collecting.

    image >>



    This is a nicely written response.
  • I have a feeling 20 yrs from now people will be looking at these slabs and wondering what the heck these stickers mean.
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>what is CAC? Why spend more money on a opinion when you can get it for free here on the boards?

    Has Albanese been here lately pushing CAC up everyones rump telling those who collect how great his service is compared to PCGS or NGC?

    Why would you waste good money to a 4th party ( if it is already slabbed that is 3rd pty) to tell you the item is where it should be in the holder?

    Sadly TPG's do not give you a ms64.58 or a 65.08- its an opinion as to what one sees in the coin.

    If you can't rely on your judgment as to what you want in a item- then spend your money like a wild man, seriously why do anything else?

    collect the coin, not the holder or the sticker, someday they will all be spendable again. >>



    ..........my point is similar to yours.image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>I have a feeling 20 yrs from now people will be looking at these slabs and wondering what the heck these stickers mean. >>

    I'm thinking slabs in 20 years will look like a well-traveled suitcase. You might even be able to still see the coin.
  • tradedollarnuttradedollarnut Posts: 20,198 ✭✭✭✭✭
    Why would it be important with a high priced or $30k coin as you exampled?

    For a rarity with very few examples in all grades, the grade on the holder is less important than the opportunity to purchase the coin. As long as the price makes sense for the quality, buy it. But, in general, as the price differential goes up with one grade point, staying away from low end or messed with coins becomes VERY important. I remember purchasing an MS64 example of a rarer seated dollar for $100k and selling my MS63 for $30k. $70k is a lot of money and when CAC wouldn't sticker the coin because the surfaces had been 'improved', I was just a tad bit annoyed.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file