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CAC Entering TPG Market

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 Posted 10/14/2022  12:04 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
Would be funny if NGC and PCGS decide to start "stickering" CAC graded coins. Blue scale sticker from NGS and gold shield sticker from PCGS?
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 Posted 10/14/2022  12:28 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list
They should offer to re-holder the coins they've stickered in the past for free, or maybe for a small fee, with the 'Correct' grade as they see it in their slab. Then they would have some of the best coins in numismatics in CAC slabs very quickly.

I find the CAC sticker idea interesting, but I've never had a coin with enough value to use the service.
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 Posted 10/14/2022  1:07 pm  Show Profile   Bookmark this reply Add psuman08 to your friends list
A few thoughts:
1. I hope it helps with the apparent grading backlog
2. Will CAC stickered coins be collected like old rattler holders?
3. I hope they do not ever get in the modern or world coin game. I like that they focus on older US coins.
4. I welcome the competition
5. Not that I get many coins graded, I wish I had signed up for CAC
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 Posted 10/14/2022  2:38 pm  Show Profile   Bookmark this reply Add ericgreen to your friends list
This is a complete change of business model for them, which is really interesting. I am curious how their grading will work. Are they going to only try to have top end coins in each grade (very conservative grading)? I.E. If PCGS/NGC call a coin MS-64, but that coin wouldn't have received green bean from CAC, do they grade it a MS-63?

This change will definitely leave open an opportunity for another company to take over where CAC is leaving off with stickering coins.
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 Posted 10/14/2022  2:43 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list

Quote:
This change will definitely leave open an opportunity for another company to take over where CAC is leaving off with stickering coins.


Don't forget Rick Snow has been offering his Eagle Eye stickers for over 25 years.
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 Posted 10/28/2022  1:36 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
New slab revealed!

EDIT: There was an issue with the released photos. CAC has taken them down so I will do the same here.
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Edited by BH1964
10/28/2022 6:58 pm
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 Posted 10/28/2022  1:47 pm  Show Profile   Bookmark this reply Add nfine to your friends list

Quote:
New slab revealed!


I wonder if PCGS or NGC have plans to offer stickers to confirm CAC got it right.
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 Posted 10/28/2022  2:29 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I wonder if PCGS or NGC have plans to offer stickers to confirm CAC got it right.
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 Posted 10/28/2022  2:52 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list
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 Posted 10/28/2022  4:08 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list

Quote:
New slab revealed!

In reading the CAC forum posts and FAQs, I found it interesting how they'll be handling crossovers of NGC and PCGS coins which currently have a green bean - they'll be putting a "legacy" green been sticker on the reverse label inside their new slabs. It sounds like they won't be doing that with the gold stickers, however.
See questions #10 and #15 of the FAQ for more info:
https://www.caccoin.com/forums/disc...ons-answered
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Edited by hokiefan_82
10/28/2022 4:11 pm
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 Posted 10/28/2022  4:26 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list
Makes me think gold beans may command higher premiums in the future unless cac automatically upgraded them.
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 Posted 10/28/2022  4:26 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
In reading the CAC forum posts and FAQs, I found it interesting how they'll be handling crossovers of NGC and PCGS coins which currently have a green bean...
Very interesting. Thank you for sharing the link.


Quote:
Makes me think gold beans may command higher premiums in the future unless cac automatically upgraded them.
I believe they would have to, since the original intent of the gold bean was to signal it should be resubmitted for a higher grade. (see #15 in the FAQ).
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 Posted 10/28/2022  5:21 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
I wonder how easy they will be to crack open? Many of us EAC/Colonial collectors are not fans of the slabbed coffins.
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 Posted 10/31/2022  10:02 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
EDIT: There was an issue with the released photos. CAC has taken them down so I will do the same here.

Quote:
I wonder how easy they will be to crack open?
If it can be put in, it can be taken out.
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