you stated on page one that JA said I saw the “C” coins dragging down the prices of “A” and “B” coins. Throughout my career I’ve always tried to buy the “A” and “B” coins. it is logical to presume that the "A" coins are Gold and the "B" coins are Green. that's what I was referring to and all I said.
the man gave three letters in his interview and assigns Gold, Green and nothing. break it down and dissect it if you want to but it seems pretty clear.
@stman said:
There really shouldn't be any discussion on what cac or ja means all the time. He speaks for himself on his website what he means. Too many around here want to speak for him and slice it every way they want.
I didn't realize so many could micro grade these days. According to some of the most vocal on threads........ people can be accurate grading between let's say a 64.3 and 64.4. The difference I guess what they are calling a c coin vs a b coin.
In my series, I personally have no problem sorting coins into low end, middle and high end for the grade. I'd say many series specialists can do the same. And we aren't even pros
CAC means "Can all Concur" Obviously not. Personally I think they are an insult to the grading services and bean dogs also! My feelings are as time goes on this is a bubble that is going to BURST!
I started sharing tables with John Dannreuther at Long Beach Shows in about 1983, when next door neighbor Jeff Garrett need his entire table for expansion. JD refined his skills working for Jim Halperin, and helped conceptualized many of today's grading concepts as utilized by PCGS and a host of others. He's world-class, as well as a superb researcher. We split tons of great coins.
I started NGC with John Albanese in 1987. He is not God, but he is one of the finest graders I've seen in 40 years and I've worked with all the people whose shoulders you don't even know you're standing on. He doesn't think he grades like God, he just buys damn near anything nice at the right price. And always pays next-day.
I disagree with him on B coins often.
PCGS has graded 35 million coins. Doing business over the same first fifteen years, he saw what, 10 million?
And he had intuitive chops long before the biggest rarities came out post-TPG.
These are both facts and opinions, but the opinions are held by the best in the business.
I've rerouted about a dozen people who contacted me via PM about CAC coins they didn't like directly to JA. I believe every one was bought back. I've been personally privy to an instance in which $20,000 was paid when a hairline was missed.
CAC has made me loads of money and cost me a bit too.
I do not have an ownership interest
But I know enough to still have some decent skin in the game, so YMMV but CAC is an real plus to very significant market segments.
But not EAC.
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
This is my opinion why the bubble will burst. If CAC continues on an upward trend there is no way JA can finalize every coin. Isn't that what has happened to the grading companies???? Think about it....Mass production invites many more errors or differences of opinion!
I started sharing tables with John Dannreuther at Long Beach Shows in about 1983, when next door neighbor Jeff Garrett need his entire table for expansion. JD refined his skills working for Jim Halperin, and helped conceptualized many of today's grading concepts as utilized by PCGS and a host of others. He's world-class, as well as a superb researcher. We split tons of great coins.
I started NGC with John Albanese in 1987. He is not God, but he is one of the finest graders I've seen in 40 years and I've worked with all the people whose shoulders you don't even know you're standing on. He doesn't think he grades like God, he just buys damn near anything nice at the right price. And always pays next-day.
I disagree with him on B coins often.
PCGS has graded 35 million coins. Doing business over the same first fifteen years, he saw what, 10 million?
And he had intuitive chops long before the biggest rarities came out post-TPG.
These are both facts and opinions, but the opinions are held by the best in the business.
I've rerouted about a dozen people who contacted me via PM about CAC coins they didn't like directly to JA. I believe every one was bought back. I've been personally privy to an instance in which $20,000 was paid when a hairline was missed.
CAC has made me loads of money and cost me a bit too.
I do not have an ownership interest
But I know enough to still have some decent skin in the game, so YMMV but CAC is an real plus to very significant market segments.
@BAJJERFAN said:
A nice touch that JA could make when he reviews coins would be to give a one or two sentence verbal opinion of the coin and for say a dollar or 2 more with a password you could access his opinions on the site and hear what he had to say.
QA check attaches a sticky not to each coin baggie that they put the slab in which gives a reason why it didn't sticker,,,,there is no additional charge for this.
This info is very useful and I also wish that CAC would do this,,,,, occasionaly I have had a note from CAC saying PVC or something but rarely.
@ColonelJessup said:
CAC is an real plus to very significant market segments.
But not EAC.
How can we get EAC to be more of a player in the hobby? They have a well-respected grading scale but it is not a dominant scale today. Should they start stickering coins too?
@Zoins said:
How can we get EAC to be more of a player in the hobby? They have a well-respected grading scale but it is not a dominant scale today. Should they start stickering coins too?
EAC is totally dominant in Early American Coppers. Big problem though.... they don't collect holders, just coins. By EAC standards that MS69BN Penny doesn't grade close to 65
@ranshdow said:
Admins, how do I sign up for the #ColonelJessup channel?
You can catch me on Youtube teaching coin doctoring tricks. Sorry, no copper. Free.
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
@amwldcoin said:
This is my opinion why the bubble will burst. If CAC continues on an upward trend there is no way JA can finalize every coin. Isn't that what has happened to the grading companies???? Think about it....Mass production invites many more errors or differences of opinion!
An upward trend in submissions? PCGS and NGC are mass production. CAC is a boutique operation that is not mechanically fatigued because they've been flooded with 2000 white MS67+ Washington 25c's.
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
10,000 Lakes: bout every 10 years there has been a big enough change to entice people to re-submit coins for grading. ... Were about due for a change in the next few years. ... What's the next big thing?
This is the kind of question that I wish more of us will ask! Although CAC is an excellent service, it is not a solution for all the problems relating to coin grading. There will be new grading services in the future. Will they be better or worse than existing grading services? I believe that there are reasons to be optimistic, as I said in my article relating to how certified grades will be interpreted in the future. Undoubtedly, I will address the matter again in published articles, and I welcome input, Insightful10@gmail.com
CNNcoins: I agree with Analyst in his summary of JA and his motives and have always found him to be straightforward, honest, and have the entire industry's best interests at heart. One thing is for certain....grading and coin collecting will continue to evolve, but for now CAC has changed the way we view 3rd party grading. I, for one, think it has been a positive.
CAC has been an extremely positive force, as has JA as an individual. Collecting and trading activities of scarce, uncirculated or Proof, classic U.S. coins are much better in general as a consequence of his involvement. The present grading situation in the coin community overall, however, is unstable and conducive to efforts to modify coins, with the idea of the collector-buyers not being informed of the modifications. There needs to be more discussion of the finer points of individual coins.
Besides, JA could get killed in a car accident tomorrow. PCGS grading now is much different now from what it was in the 1980s. PCGS will not be around forever, either.
For a buyer of expensive coins, a logical strategy a to learn about the positive and negative aspects of each expensive coin that is seriously considered, and to read or hear multiple, informed points of view. When Bob Grellman catalogues large cents, he often includes grade assignments from three to five different sources, including that of PCGS and his own. In my personal opinion, it is beneficial for collectors to be told about the positive AND negative aspects of each coin so that they have a better understanding of grading practices and of the individual coins being considered.
"In order to understand the scarce coins that you own or see, you must learn about coins that you cannot afford." -Me
Comments
No, that's not a logical inference
You are being too obtuse
In my series, I personally have no problem sorting coins into low end, middle and high end for the grade. I'd say many series specialists can do the same. And we aren't even pros
CAC means "Can all Concur"
Obviously not. Personally I think they are an insult to the grading services and bean dogs also! My feelings are as time goes on this is a bubble that is going to BURST!
Just a few words.
I started sharing tables with John Dannreuther at Long Beach Shows in about 1983, when next door neighbor Jeff Garrett need his entire table for expansion. JD refined his skills working for Jim Halperin, and helped conceptualized many of today's grading concepts as utilized by PCGS and a host of others. He's world-class, as well as a superb researcher. We split tons of great coins.
I started NGC with John Albanese in 1987. He is not God, but he is one of the finest graders I've seen in 40 years and I've worked with all the people whose shoulders you don't even know you're standing on. He doesn't think he grades like God, he just buys damn near anything nice at the right price. And always pays next-day.
I disagree with him on B coins often.
PCGS has graded 35 million coins. Doing business over the same first fifteen years, he saw what, 10 million?
And he had intuitive chops long before the biggest rarities came out post-TPG.
These are both facts and opinions, but the opinions are held by the best in the business.
I've rerouted about a dozen people who contacted me via PM about CAC coins they didn't like directly to JA. I believe every one was bought back. I've been personally privy to an instance in which $20,000 was paid when a hairline was missed.
CAC has made me loads of money and cost me a bit too.
I do not have an ownership interest
But I know enough to still have some decent skin in the game, so YMMV but CAC is an real plus to very significant market segments.
But not EAC.
This is my opinion why the bubble will burst. If CAC continues on an upward trend there is no way JA can finalize every coin. Isn't that what has happened to the grading companies???? Think about it....Mass production invites many more errors or differences of opinion!
QA check attaches a sticky not to each coin baggie that they put the slab in which gives a reason why it didn't sticker,,,,there is no additional charge for this.
This info is very useful and I also wish that CAC would do this,,,,, occasionaly I have had a note from CAC saying PVC or something but rarely.
Admins, how do I sign up for the #ColonelJessup channel?
How can we get EAC to be more of a player in the hobby? They have a well-respected grading scale but it is not a dominant scale today. Should they start stickering coins too?
Some of the sets being put together are really neat
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
EAC is totally dominant in Early American Coppers. Big problem though.... they don't collect holders, just coins. By EAC standards that MS69BN Penny doesn't grade close to 65
You can catch me on Youtube teaching coin doctoring tricks. Sorry, no copper. Free.
An upward trend in submissions? PCGS and NGC are mass production. CAC is a boutique operation that is not mechanically fatigued because they've been flooded with 2000 white MS67+ Washington 25c's.
10,000 Lakes:
This is the kind of question that I wish more of us will ask! Although CAC is an excellent service, it is not a solution for all the problems relating to coin grading. There will be new grading services in the future. Will they be better or worse than existing grading services? I believe that there are reasons to be optimistic, as I said in my article relating to how certified grades will be interpreted in the future. Undoubtedly, I will address the matter again in published articles, and I welcome input, Insightful10@gmail.com
How will Coin Collectors Interpret Certified Coin Grades in the Future?
CNNcoins:
CAC has been an extremely positive force, as has JA as an individual. Collecting and trading activities of scarce, uncirculated or Proof, classic U.S. coins are much better in general as a consequence of his involvement. The present grading situation in the coin community overall, however, is unstable and conducive to efforts to modify coins, with the idea of the collector-buyers not being informed of the modifications. There needs to be more discussion of the finer points of individual coins.
Besides, JA could get killed in a car accident tomorrow. PCGS grading now is much different now from what it was in the 1980s. PCGS will not be around forever, either.
For a buyer of expensive coins, a logical strategy a to learn about the positive and negative aspects of each expensive coin that is seriously considered, and to read or hear multiple, informed points of view. When Bob Grellman catalogues large cents, he often includes grade assignments from three to five different sources, including that of PCGS and his own. In my personal opinion, it is beneficial for collectors to be told about the positive AND negative aspects of each coin so that they have a better understanding of grading practices and of the individual coins being considered.