Has cac helped the problem of low ball offers on collections?
logger7
Posts: 9,071 ✭✭✭✭✭
I had one of Coin World's most aggressive collection buyer advertisers low ball me on some PCGS and NGC certified coins that were good for grade. The buyer said that MS62 coins were only 60, that 65 coins were only really 64 coins and worth a lot less than the holder said. I can maybe see that with really problem coins but not properly graded ones. Are collections with cac stickers still getting the harsh critical analysis like this? I have heard some dealers say they don't "believe in" cac. But they could contact them or major dealers in cac coins, to see what they are paying with the green sticker. In 2017 there is no excuse for dealers buying collections to play games with properly graded coins.
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It's just business and that is how money is made.
They only need a few to say "duh, okay, I guess I can trust you and your superior intelligence", to make their day.
Just like buying/selling cars.... yours are crap, theirs are top shelf...... prices accordingly....Cheers, RickO
No.
Somewhat
Low balling is a trade. I've met a few of the journeymen in it. Not glue, labels, plastic or grades of coins ( Here or ATS) can change this.
``https://ebay.us/m/KxolR5
I think CAC has helped collectors reject low ball offers from dealers
Anyone who is a collector should try to sell some coins -- and not on Ebay. Go to a buyer and you will learn a great deal about your collection and your eye.
As for the question, PCGS, NGC or CAC will never stop low ball offers to uniformed buyers.
I would separate them out except one nice coin and sell them separably or in a group.
Do you have coins where the holder says what they are worth?
Then stay away from that buyer and recommend others do as well. Had there been a CAC sticker on your coins, he would have come up with a different excuse for low-balling you.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
No of course not
11.5$ Southern Dollars, The little “Big Easy” set
Lowballers will not be deterred by a sticker.