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"UNCLE !!"..... I guess I've surrendered to the CAC pill.

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  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited November 18, 2017 12:50PM

    @topstuf said:

    @TwoSides2aCoin said:
    There is more credence put on the sticker than the coins, it seems.

    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. ;)

    There is more credence yet in the combination of the two.
    See your BlueSheet for the potential of a sweet coin being undersold.

    There are too many potential benefits to beans at $13.50, and $27.00 for a $20,000.00 value item is a rounding error.

    Those
    1 Ego-bound beyond nuance in an understanding of their grading skills
    2) Willfully ignorant of mature auction and market data points
    3) and/or innumerate
    4) and/or in Kool-Aid Anonymous......

    It's a numbers game.
    Markets are amoral.

    It's not about how "good" JA is.
    It's not about how often CAC is "wrong" or "right" on any technical basis.
    It's not about how often PCGS or NGC is "wrong" or "right" on any technical basis.

    The consensual reality that drives every market simply is.

    Anecdotal evidence on any specific coin bringing a price incongruent with any analysis for or against any position about the overall virtue of PCGS, NGC or CAC is irrelevant. Individual opinions on B/C eye appeal likewise irrelevant. Outliers in both directions will occur.

    If I own a coin "worth" over $750, the likely spread is >$100 and the CAC fee is $13.50.
    If I own a coin "worth" over $2000, the likely spread is >$250 and the CAC fee is $13.50
    If I own a coin "worth" over $7500, the likely spread is >$1250 and the CAC fee is $13.50
    If I own a coin "worth" over $20,000, the likely spread is >$2000 and the CAC fee is $27.00

    Based on 10K+ in annual fees, I like these numbers.
    That's how I stack MY deck. The cost/benefit ratio is off the charts.
    That said, there are tons of CAC coins I, in my specific situation, wouldn't buy for a short flip in a stable but flaccid market.
    That's a dealer thing.

    But as a collector? A few select coins as a test run will directly educate you, especially when JA delights in giving feedback to collectors on a coin-in-hand basis.

    Markets are amoral.
    It's a numbers game.

    You've already "bought in" at >98% of total item cost. ;)

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • specialistspecialist Posts: 956 ✭✭✭✭✭

    bruce S -and your QB ain't no puppy

    now the raiders-any fan base that wears suits w/two heads is cool in my book.

    everyone quit moaning about cac. when cac stops selling for more then you may have a valid argument. until then-NADA. An entire market is not wrong

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