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I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
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I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
If you are a collector it costs nothing if they look at the coin and do not approve it. Obviously you are not a member or you would have known that.
Latin American Collection
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
If you are a collector it costs nothing if they look at the coin and do not approve it. Obviously you are not a member or you would have known that.
If the same person submits/resubmits a coin that failed, they are charged whether the coin passes or not. If a different collector submits the coin, they may NOT get charged. Best to clarify with CAC.
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
If you like the coin, whether or not it would/could CAC should not matter. If it does matter to you, then the best bet is to buy an example that has already stickered so there is no risk to you.
That has been their policy since day 1. They have been consistent.
I have sent coins to CAC and I have purchased CAC coins. That said, I have purchased coins without CAC and without knowing if they have been there as I want to purchase coins that I LIKE.
If you NEED CAC, then either make a deal with the seller to send it to CAC and then purchase it, or a return privilege if it doesn't CAC. Unlikely that many sellers would do that, unless they were certain and the coin was stagnant as it is....or unless you attach an extra financial incentive to it.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
If you are a collector it costs nothing if they look at the coin and do not approve it. Obviously you are not a member or you would have known that.
If the same person submits/resubmits a coin that failed, they are charged whether the coin passes or not. If a different collector submits the coin, they may NOT get charged. Best to clarify with CAC.
No, not if they are on a collectors membership.
Latin American Collection
Great transactions with oih82w8, JasonGaming, Moose1913.
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
If you like the coin, whether or not it would/could CAC should not matter. If it does matter to you, then the best bet is to buy an example that has already stickered so there is no risk to you.
this. don't ever force a coin into a condition acceptable to you. buy coins that you think are great to begin with and pass on those that you are not sure about.
Ive got a couple that are not CAC and they are every bit as nice , in fact one case nicer than the cac counterpart I had prior.
But since they stopped stickering colonials, they are no longer relevant to me in most of my collecting interests.
I find that I am still very comfortable buying colonial era coins even though I can no longer get the re-assurance of the CAC sticker.
Getting back to OP's point in his first post, CAC will review a coin that's already been submitted and rejected. They do this as a courtesy because they understand that market conditions change, gradeflation is a factor and once in a blue moon they miss the mark. Since Collector Members aren't charged for coins that don't get "beaned", their motivation is pretty hard to question.
Last I knew if a coin failed a collector wasn't charged. If the same collector voluntarily resubmits the coin a second time, he is charged whether the coin beans or not. Check with CAC if in doubt.
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
If you are a collector it costs nothing if they look at the coin and do not approve it. Obviously you are not a member or you would have known that.
If the same person submits/resubmits a coin that failed, they are charged whether the coin passes or not. If a different collector submits the coin, they may NOT get charged. Best to clarify with CAC.
No, not if they are on a collectors membership.
AFAIK, collectors get just one free shot.
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
From the CAC site!
"Furthermore, CAC wishes to protect the interest of an owner of a coin that has been reviewed by CAC but did not receive a sticker. Therefore, CAC does not want to compromise the value of such a coin by disclosing a negative review by CAC."
Getting back to OP's point in his first post, CAC will review a coin that's already been submitted and rejected. They do this as a courtesy because they understand that market conditions change, gradeflation is a factor and once in a blue moon they miss the mark. Since Collector Members aren't charged for coins that don't get "beaned", their motivation is pretty hard to question.
If they have their own standards, why would gradeflation matter to them?
Getting back to OP's point in his first post, CAC will review a coin that's already been submitted and rejected. They do this as a courtesy because they understand that market conditions change, gradeflation is a factor and once in a blue moon they miss the mark. Since Collector Members aren't charged for coins that don't get "beaned", their motivation is pretty hard to question.
Last I knew if a coin failed a collector wasn't charged. If the same collector voluntarily resubmits the coin a second time, he is charged whether the coin beans or not. Check with CAC if in doubt.
I have submitted coins that had failed to pass a second time by me and was not charged a fee for it
Rainbow Stars
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
From the CAC site!
"Furthermore, CAC wishes to protect the interest of an owner of a coin that has been reviewed by CAC but did not receive a sticker. Therefore, CAC does not want to compromise the value of such a coin by disclosing a negative review by CAC."
....and that would stop a lot of resubmi$$ions
I called CAC to determine if a coin I am interested in buying had already been submitted and denied. They said they have records for all coins that did not sticker, but that they could not give that information out. However, they would be happy to take my money to look at it again if it had already failed.
From the CAC site!
"Furthermore, CAC wishes to protect the interest of an owner of a coin that has been reviewed by CAC but did not receive a sticker. Therefore, CAC does not want to compromise the value of such a coin by disclosing a negative review by CAC."
....and that would stop a lot of resubmi$$ions
More importantly, CAC would likely be sued by the "harmed" parties that owned the previously rejected coins if CAC gave out that information.
In honor of the memory of Cpl. Michael E. Thompson
I have purchased a couple of coins that I know were rejected by CAC. The thing of is, the prices were right relative to those specific coins, and the coins were quite decent. They were both PCGS graded. I'll post pictures of them if you like.
I'd like to see them.
I'm getting a bit tired of the idea that PCGS grading a coin is so useless unless you send it to someplace else to look at it or it's no good.
Getting back to OP's point in his first post, CAC will review a coin that's already been submitted and rejected. They do this as a courtesy because they understand that market conditions change, gradeflation is a factor and once in a blue moon they miss the mark. Since Collector Members aren't charged for coins that don't get "beaned", their motivation is pretty hard to question.
Last I knew if a coin failed a collector wasn't charged. If the same collector voluntarily resubmits the coin a second time, he is charged whether the coin beans or not. Check with CAC if in doubt.
I have submitted coins that had failed to pass a second time by me and was not charged a fee for it
My understanding of a few years ago was that you got one free look. Perhaps they weren't very rigorous in enforcing it.
Getting back to OP's point in his first post, CAC will review a coin that's already been submitted and rejected. They do this as a courtesy because they understand that market conditions change, gradeflation is a factor and once in a blue moon they miss the mark. Since Collector Members aren't charged for coins that don't get "beaned", their motivation is pretty hard to question.
If they have their own standards, why would gradeflation matter to them?
and, did you mean to say "opinions change" instead of "market conditions change?" Don't see how market conditions would affect their "grading" standards. I would hope that those standards remain constant. If not then a "sticker" may no longer be valid.
No Way Out: Stimulus and Money Printing Are the Only Path Left