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Opinions On Submitting To Cac?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 22 / Views: 3,323Next Topic Page 2 of 2
Bedrock of the Community
United States
10982 Posts
 Posted 06/18/2018  11:05 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
It's hard for many to understand but the grades assigned by PCGS and NGC are rarely affected by strike (which is the reason for all the post numeric assignments) or eye appeal.


This is false. Strike and eye appeal and always part of the grade on Mint State coins and often taken into account on AU pieces as well. Below AU strike and eye appeal are a lesser factor.
ANA #R3154474
Pillar of the Community
United States
3479 Posts
Bedrock of the Community
13014 Posts
 Posted 06/18/2018  11:11 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
. When did CAC switch to dealer submissions only? I haven't submitted this year but still receive their correspondence on submissions and I am a Collector/Submitter.


They didn't. That's just bad information being posted
Pillar of the Community
United States
3479 Posts
 Posted 06/18/2018  11:15 pm  Show Profile   Bookmark this reply Add MikeF to your friends list
Is the information on their website incorrect and outdated? It's had that information on that page for atleast a year. http://www.caccoin.com/how-to-submi...memberships/
Pillar of the Community
United States
1261 Posts
 Posted 06/18/2018  11:18 pm  Show Profile   Bookmark this reply Add chesterb to your friends list
Regardless of price, I would hold off submitting to CAC for the time being. They seem extra strict at the moment and I've spoken to several well known and respected dealers who seem a bit frustrated. I'm personally holding off until things improve. I've had some real gems (Early type) not get a sticker. If you submit at a bad time and it doesn't sticker then you likely won't ever get a sticker for that coin unless they change their policy or you can make a great case for it.
Bedrock of the Community
13014 Posts
 Posted 06/18/2018  11:18 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
. Is the information on their website incorrect and outdated? It's had that information on that page for atleast a year. http://www.caccoin.com/how-to-submi...memberships/


It's said that for 6 years or so.
Bedrock of the Community
13014 Posts
 Posted 06/18/2018  11:20 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
. Regardless of price, I would hold off submitting to CAC for the time being. They seem extra strict at the moment and I've spoken to several well known and respected dealers who seem a bit frustrated. I'm personally holding off until things improve.


Definitely agree with this. My last one this year was far worse than I expected and I had never been that off in the past 4 years or so.
Pillar of the Community
United States
3479 Posts
 Posted 06/18/2018  11:23 pm  Show Profile   Bookmark this reply Add MikeF to your friends list

Quote:
It's said that for 6 years or so.


Good god! You would think the guy would at least update his website, umm, I don't know... at least every half decade!

Well heck then. I've got more coins to submit. I'll call him tomorrow. Unbelievable!! It doesn't sound like he's on the stick.
Bedrock of the Community
13014 Posts
 Posted 06/18/2018  11:27 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
. Good god! You would think the guy would at least update his website, umm, I don't know... at least every half decade!

Well heck then. I've got more coins to submit. I'll call him tomorrow. Unbelievable!! It doesn't sound like he's on the stick.


They just don't want people randomly signing up online that's all. They send free gifts each year and want some control over the number of submitters to keep their turn around fast and since there's no fee to join they gain nothing if a bunch of people sign up with an online form.
Pillar of the Community
United States
3479 Posts
 Posted 06/18/2018  11:36 pm  Show Profile   Bookmark this reply Add MikeF to your friends list
Well, that makes sense. On Chester's point, I did have a conversation with David Lawrence about CAC submissions recently and they echoed that sentiment.
Pillar of the Community
United States
824 Posts
 Posted 06/19/2018  12:11 am  Show Profile   Bookmark this reply Add Heymikep to your friends list
Thanks for everyone's comments and suggestions, you have helped me out tremendously. I will hold off for the time being.
Bedrock of the Community
Australia
21788 Posts
 Posted 06/19/2018  12:36 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
You need to decide on a set of criteria for yourself so that you when to submit a particular coin or not.

If you don't have a basis on which coins to submit, then decide on some criteria after reading all of this thread. There are some very experienced people here that can help you make up your mind on which criteria to adopt.

For my part, I don't submit coins, because the slabs would severely interfere with the way I store and display my collection. Besides, slabbing is far less popular in Australia, and I prefer to grade for myself, especially when deciding to buy.
Pillar of the Community
United States
4337 Posts
 Posted 06/19/2018  09:49 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list

Quote:
They seem extra strict at the moment


probably because he gave stickers to so many coins over the first few years and now that the market is flooded with pieces that did not qualify its time to even things out

you take grading companies that are inconsistent and couple that with an "opinion sticker" and you've got a fine numismatic mess

Bedrock of the Community
United States
20753 Posts
 Posted 06/19/2018  10:36 am  Show Profile   Bookmark this reply Add just carl to your friends list
I don't collect plastic so I never save or collect anything slabbed. Save your money and use it to buy more coins.
Bedrock of the Community
13014 Posts
 Posted 06/19/2018  11:46 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
. probably because he gave stickers to so many coins over the first few years and now that the market is flooded with pieces that did not qualify its time to even things out


Just one problem with your theory, it's completely wrong. The market is not and never has been flooded with substandard CAC pieces nor did they ever just hand out stickers loosely.
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