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 Replies: 23 / Views: 2,515 |
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Member
United States
3242 Posts |
CAC a new 4th party grading service. Is it one more ploy to get extra money from collectors? Or is it need to weed out under graded or over graded NGC & PCGS and Anacs & ICG coins I think 1 more way to get more cash from the collector pocket! I can look at a slab coin graded by TPG's and tell myself what to do. have we gotten so lazy that a 4th party needs to tell us what to DO !    |
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Pillar of the Community
United States
1130 Posts |
Personally, I don't like it. What's next ? Another "super premium" sticker to make sure that CAC got it correctly ?
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Member
 United States
3242 Posts |
we are so dumb at times. but why?
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Pillar of the Community
United States
1130 Posts |
OK, we all know the TPGs are not perfect and some coins get overgrade/undergraded. The whole nature of grading is subjective anyways. So CAC is supposed to correct that ? They are human too and subject to their interpretation, so what makes them the omnipotent "eye in the sky" for TPGs ?
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Pillar of the Community
United States
2797 Posts |
I wonder how long it will take for the Chinese to replicate their certification? I see a spiralling path leading to a dark hole ... |
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Moderator
 United States
187702 Posts |
 If this is just a sticker added to the slab, then I cannot see how it would be worth anything for any period of time. Forging a sticker would be a lot easier than forging the entire slab used by TPGs. There was another post somewhere about a slab for the slab... now that would be ridiculous! |
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Pillar of the Community
United States
5318 Posts |
Personally, I'm bothered by the whole trend in slabbing, which was devised originally to weed out counterfeits. Nowadays, TPGs seem directed at the investor crowd in an attempt to minutely quantify the value of coins. Value-added stickers strike me as just another gimmick to garner more attention and money out of a sale. Not that I don't respect the opinions of experts like Rick Snow, who has his own "Eagle Eye" label, but these can be easily forged too. Today, anyone who buys a seriously rare coin has to verify not just the coin, but the slab and various labels. Is this really a good direction for coin collecting? quote:
There was another post somewhere about a slab for the slab... now that would be ridiculous!
Indeed.  I was being facetious, but where does this end? Edited by KurtS
01/16/2008 2:15 pm
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Valued Member
United States
251 Posts |
I think the CAC, though staffed and run by some very knowledgeable folk, are really unnecessary for the hobby. Their stickers will cause an increase in slab prices, however, they can not replace that sage advice "Buy the coin, not the slab".
I personally won't pay a premium on a coin just for the slab. (or sticker)
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Pillar of the Community
United States
1130 Posts |
I was going to get my 56 FE looked at by Rick Snow but he won't take ANACS... only NGC and PCGS :mad:
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Moderator
United States
187702 Posts |
I have never bought a slabbed coin. If I ever do, it would just come out to put in an album. Kurt, I knew it was in jest. I hope I did not imply someone made a serious suggestion that I was calling ridiculous! How about this: a slabbed coin gets a slabbed sticker that are combined into one super slab that has a DNA signed label embedded in it that can be only be created and authenticated with special lasers! |
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Pillar of the Community
United States
5318 Posts |
quote:
a DNA signed label embedded in it that can be only be created and authenticated with special lasers!
Somewhere in that solution should be a moat with sharks and laser beams. Seriously though...there could be some form of encrypted PIN that is only divulged during the transaction that would be an extra level of security? Seems the TPGs need to do something, but I don't have the answer. Edited by KurtS
01/16/2008 4:18 pm
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Pillar of the Community
United States
1541 Posts |
I guess slabs with the CAC sticker will carry small premium over the same grade slab without the sticker.
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Pillar of the Community
United States
1130 Posts |
From what I heard, slabs with the CAC stickers were doing well at the FUN show.
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Valued Member
United States
374 Posts |
Just another way for people to make money off coin grading. If you have a ngc or pcgs slab why do you need a sticker to improve upon the grade? Just like the 1957 silver certs gem crisp unc sent in for grading and people paying crazy prices for them.
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Moderator
United States
187702 Posts |
quote:
Somewhere in that solution should be a moat with sharks and laser beams
You know, I was so tempted to add an Austin Powers reference but backed off. Great minds, huh?  |
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Member
United States
3242 Posts |
Would this coin get CAC sticker   |
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Replies: 23 / Views: 2,515 |
Posted 01/16/2008 11:55 am
