"UNCLE !!"..... I guess I've surrendered to the CAC pill.
Yep, ole topstuf is joining the parade.
Decided to go this route for same reason I keep appx. 40+% of ...all.... assets in gold.
Gold is my insurance against the shenanigans the Treasury keeps pulling on us and (so far) getting away with.
Doing CAC for essentially same thing. I still think the practice of separating grades into a,b,c levels is wrong but on the other hand, I'm seeing too much info saying to ...me... that the sticker is getting so much traction that it would be silly for me to continue being a purist holdout.
So.....here I be. A reluctant convert solely motivated by a feeling of fragility and compensating factors.
I'm probably not going to submit present unstickered items, but am setting (when possible) a ..new..."requirement" that purchases will be skewed to coins that someone has spent the loot to get stickered through whatever means necessary.
I've seen too much of what my OWN personal opinions count towards various practices and beliefs and how little effect ... I.... exert on what others choose to do.
I still think the concept will eventually be a negative for the hobby, but at least my new requirement may insulate me from the damages when they come. I even consider MY conversion to be a small negative. For any unstickered coins, they will have another hurdle to clear to get in my stash.
The coins will STILL have to meet my existing requirements for eye appeal and "real" grade, but now will be run through an even finer sieve.
Comments
Sounds good to me. Can I have that Cowboy dollar now?
Click on this link to see my ebay listings.
Can I have whatever doesn't sticker for 10 cents on the dollar?
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I'll just ....give ......that dreck to you!
ugh
It's destined for a belt buckle.
If you are using gold as your insurance against doomsday, it makes no difference if it has a sticker, since you will be spending it.
Doubt it will come to that. But it should.
Anyhow.... I don't think it will even take doomsday.
But it's sure gonna take its sweet time.
CAC A DOODLE DOOOOO! GOOD FOR YOU!
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
QUIT THAT !!I I am abashed enough.
Good luck.
Great transactions with oih82w8, JasonGaming, Moose1913.
Even the New York Jets are CAC now...they wear them on their helmets...or at least that's all I see.
CC
Isn't that what they said to the Challenger crew?
The New York Jets are definitely not CAC. Take 32 teams, separate them into A, B, and C tiers...
Well... you are probably doing the right thing from an investment standpoint. From purely a collector standpoint, it is not necessary. However, for dealers and those who see themselves selling at some point, it is, at this time, a price positive.
Cheers, RickO
It won't be.....exclusive. Just a new preference.
It doesn't need to be a for or against thing. There are people who say that grading is totally subjective that there are no bright lines between the grades. Cac introduced another dynamic with a $$ sign behind it. I know dealers who are vociferously against cac, they don't "believe" in it. No harm in realizing that cac is a vehicle, a segway as it were, both allegorical and literal depending on the customer.
You don't have to submit to them to realize they have a big following among the risk averse and nervous nellies.
I stopped reading after you said that 40% of your assets are in gold.
Latin American Collection
Yeah.... just....wow...
Liberty: Parent of Science & Industry
Is there anyone around who still thinks that a properly graded “C” MS66 is better than an “A” CAC 65+?
Depends on their respective prices?
And maybe how the prospective buyer likes their comparative appearances on in hand examination, and in the context of their collection?
Liberty: Parent of Science & Industry
Unless you're saying, same coin, which slab is "better" ( worth more)?
Liberty: Parent of Science & Industry
I swear there's been (facetious) discussion here of a CAC Browns brown sticker for those... uh... special coins that don't quite make it into A, B, or C tiers.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
Show me the coin. Who wants to read about glue sniffing ?
So the "D" tier is for dreck and color coding, while tonally and semiotically resonant, is only coincidentally congruent with the quality of @stealer's translation, spelling and pronunciation of 16th Century literary German toilet terms not previously uttered (in polite society) since one of Martin Luther's "95 Theses" potty crises
Variations in vocal tonality between Cantonese and Mandarin can weaponize baby poop fever here in NJ faster than the Kim family can get to their bunker On the other hand, @Wise(Humble)Turtle's continuing work on the Apple 1000 point Coin Grading App may have given him a better attunement to the taxonomy of the sub-strata of sludge. An overall plus for the hobby as long as accumulated "Hot Toxics" methane is burned off on a regular basis.
**Note - @MrEureka and other Forum members are privy (eeeeeww) to a very well-known coin doctor's copious (and quite successful) use of methane as a toning agent. @Laurie and @Sniffer are in-the-know and on-the-prowl. EAC is in-the-know and waiting-in-line.
An 1882 50c MS66-C is not dreck, no matter what various market mavens may make of it.
It is superb high-quality schlock that should be dipped.
A dingy baggy original 1896 25c MS62 can be both low-quality schlock and high-quality dreck. A likewise imperfect 1796, not so much
Heretofore a verifiable numismatic slut, the OP's "bending to the bean" is but the first small step on the slippery slope towards "market whore". Once he calibrates the fabric value of 66.3-C as dipping material, how long will it take before he starts sending in his CAC-fails for Conservation?
If the semi-virgin submitter can't piggyback on a CAC collectors account, PM sent. JA will get a kick out of a lot of his coins.
Just afew observations...
-A dollar may not even be worth 10 cents
-The spread on gold has made stickering something to think about
-Unless your the lead dog in the parade, the scenery really does not change...
Have fun and don't spend your common cents.
Experience the World through Numismatics...it's more than you can imagine.
I do believe we will all survive............sticker or no sticker
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
If you knew how to "work" it, you'd want to read even more.
Great transactions with oih82w8, JasonGaming, Moose1913.
I've had too many disappointments with CAC to ever get on that train. I bought a couple of CAC endorsed coins at the Baltimore show, not because of the sticker, but because I agreed with the grade. I also rejected one that was over graded and way over priced as a result, despite that the fact that I really want the coin.
topstuff - you disappoint me. I have nothing against CAC except for the possible price hike they get that is not justified. There are two things wrong with ruling out coins without a sticker. First it cuts down on possible nice coins available for your sets and/or Registry sets and second.......how do we know the coin has gone to CAC and failed. Plus if you like the coin does it matter that JA likes the coin or not?
Buy the coin....not the holder and/or sticker! JMHO
I'm in agreement on these last few posts. I hope no one thinks that I will PASS on everything else.
There's nothing saying that one can't REMOVE the premium on tendered offers.
I don't care if someone ELSE has paid the toll.
I'll take it if it doesn't cost me.
And that's something I can control.
It seems some have inferred that my 40% gold position has remained....STATIC.
I'm 77 and there are many many many good reasons to have physical gold in an estate.
Heirs get the "step up" basis on bequeathed ITEMS. They can sell at NO GAIN.
At least my trust attorney has deemed it.... "smart."
And it works (and HAS worked) very well for me.
Moving right along, whatcha got that's interesting?
Me, but then again, I am losing my passion for coins quickly.
I think there is too much symbology with the color brown - many already think the coins are total crap even if problem free and otherwise wholesome.
We need a CRAP registry.
I could say something, but that would get me in trouble...
PM sent.
Hey to op...... this week? Congratulations.
Constantly Repetitiously Apoplectically Paroxysmatic?
I plan to commit to this plan for a full WEEK AND A HALF!!
Harrumph
Sell the gold and ride the Bitcoin wave then sell the Bitcoin, buy back the gold and pocket many thousands!
That green hologram on the slab might just be the insensitive in the future for someone to barter an expired can of baked beans for his gold
CC dollar, as a Jets season ticket holder I can tell you they are losers. CAC is not. CAC has a real QB
If your trust lawyer tells you 40% of your net worth invested in PMs is a smart move, you need to find another financial advisor.
Really? That is such poor advice and from reading your post you don't seem like the type to follow that BS.
The only reason I can see, this is if the advisor is selling you the gold. Or getting a percentage thru proxy.
eBay ID-bruceshort978
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
Go Pats.
eBay ID-bruceshort978
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
I make my own trades, acquire my own stuff, have more cash than I need, and the estate... plan ....is what the lawyer likes. My trust in government fiat is not his concern.
At one point in my life, my goal was $10k a year and $100k in the bank and I could retire.
Uhhhhh....okayyyy...
Kool-Aid with sugar.
Or let me get this straight : A sticker means it is an A-B- or C coin. A pcgs graded coin without a sticker is a “D” coin, and an NGC graded coin without a sticker must be an “E” coin. Everything else gets an “F” rating. We gotta love the way this hobby heads down the rabbit hole.
Then ...I... am mistaken. MY impression was that the sticker only goes on A & B and C does NOT get one.
Who's correct?
There is more credence put on the sticker than the coins, it seems. JA must be right. PCGS and NGC must be wrong about 80% of the time. And those other TPGs must be ripping us off
That has been my contention all along, but I'm just thinking that I ....should..... stack the deck in MY favor as much as possible.
As I stated in the OP, my direction is flexible yet my search is changing.
Somewhat.
LOL...I was watching a game a week or so ago while taking pictures of coins and the Jets where on TV. I have a small TV in the den and I kept thinking "that sure looks like CAC stickers on their helmets". Coins on the brain...not a bad thing...
P.S....When you are a Raiders fan you learn to have thick skin...
CC