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Replies: 19 / Views: 3,221 |
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Pillar of the Community
United States
1302 Posts |
I knew all along that there was a gaping hole in the numismatic "industry" when CAC came along and offered a service that basically just affirms the work of TPGs and applies a green sticker on a coin holder- as if they weren't garish enough. So I thought, maybe we at CCF should find another under-represented niche and capitalize on it, you know, maybe help support our habit? That's when I came up with this brilliant concept- instead of the CAC sticker which states the opinion that the coin in the holder not only deserves its grade- but that it is a better specimen within that grade, my idea is a sticker that says SLIDER. Essentially, we would look at a coin and take wild guesses at what the grade is, and then if it's revealed that the TPG grade is higher, we'll apply a holographed and serial numbered sticker that says SLIDER... which tells the owner of the coin that he/she has a poorer example of that grade- which is probably a much lower grade. The value proposition is if you have a SLIDER coin you will not want to crack and resubmit- because heaven forbid your MS-63 come back AU-58! Of course, the dollars saved in not resubmitting will likely be lost with the stigma of our sticker...
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Bedrock of the Community
United States
19942 Posts |
What about the slider that's slabbed AU but probably MS? That's a more common problem.
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Pillar of the Community
United States
627 Posts |
In some people's minds, what you are suggesting is what a slab *without* a CAC sticker means to plastic pundits. For people who only buy CAC stickered slabs, any slab without a green bean is considered to likely be overgraded...
I'm not sure if you could get people to pay to have their coins stickered for "SLIDER" without a possible upside.
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Pillar of the Community
United States
4132 Posts |
Here's the thing - how are we to trust that it's an authentic CAC sticker, and if so, that CAC wasn't just having an off day? We need a third party to authenticate the CAC sticker and to judge that CAC's grading standards were up to our standards for their standards. We can call it SAS - Sticker Authentication Service.
Frankly, I would be uncomfortable buying a coin without an SAS sticker on the CAC sticker.
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Pillar of the Community
United States
627 Posts |
 Well, I don't trust your SAS sticker, so I'm going to want to get a 5th opinion.
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Rest in Peace
United States
3039 Posts |
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Pillar of the Community
 United States
1302 Posts |
That's why my "Slider" concept is so deliciously absurd. It would be a sticker that immediately devalues your coin. Who wouldn't pay us $15 for such a privilege? There's an ebay seller whose coins I'd never buy, he puts tons of extra stickers on the slabs- like "Wowsers" and "PQ" and "EYE APPEAL" Why not "Slider"? And while we are at it, another sticker for COIN REGISTRY AUTHENTIFICATION PROTECTION or CRAP - that states that this coin is not currently in someone else's registry- an important factor when buying slabbed coins.  
Edited by cc99999 11/04/2011 11:22 am
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Pillar of the Community
United States
627 Posts |
I know exactly which seller you are talking about! That seller drives me crazy, and the stickers and SO trashy looking! I can't imagine anyone buying one of those coins...
I am not completely discounting your idea. There are many people who pay "premiums" for Low-ball graded coins. If they had a sticker that verified that their Low-ball coin was likely over-graded, they would probably pay a premium for it. Crazier things have happened...
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Valued Member
United States
304 Posts |
"Same price as one large pizza!" "Same price as four large pizzas!" Yeah, we know the seller. 
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Pillar of the Community
United States
1388 Posts |
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Pillar of the Community
United States
3540 Posts |
I believe if CAC is going to be in business, they should ALSO apply stickers to coins that are over AND under graded.
Google "Omaha Hoard" for a bulk example list of coins that are OVER graded.
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Pillar of the Community
 United States
1302 Posts |
The SLIDERS ad, as seen in COIN magazine Overgraded coins got you down? Were you totally bummed out that that SGS MS-70 Bust Dollar was actually PCGS AG-03 (CORRODED)? Were you caught off guard by the plummeting value of your prized 2004 Jefferson nickel when you found out it wasn't MS-66 Full Steps but instead an MS-65 with no step designator? If so, then you've fallen victim to sliders. Sliders are those coins which could go either way. To a trained numismatist these devilishly in between grade coins are often sold for whole grades higher, sometimes they are even mislabeled as the wrong series, or variety. When's the last time you saw a 1909 Indian cent sold as a more common 1909 Lincoln Cent? It happens all the time. That's why the trained numismatists at CCF have developed the Slider designation. We evaluate hundreds of top tier graded coins and determine based on photos of file sizes under 100K if the coin is under or overgraded. If the coin is undergraded, we let it be. It is not a slider. But if it is overgraded, we apply our patented ink-guard holographic sticker. If the slab is ever altered or damaged, the corrosive black ink will spill out of the sticker and permanently stain the coin- making it impossible for slab crackers to constantly resubmit coins, artificially inflating populations, and lowering the value of good valuable coins. But that's not all. We provide CRAP service. CRAP stands for Coin Registry Assurance Protection. If you've ever bought a coin in someone else's registry, then you'll know how much of a hassle it is to register your coin. We are sure you will find our CRAP service heads and tails above the rest of the industry.
Edited by cc99999 11/04/2011 8:30 pm
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Pillar of the Community
United States
1424 Posts |
but wait...there's more! Call NOW and get your free set of steak knives...
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Valued Member
United States
63 Posts |
CRAP...COIN REGISTRY AUTHENTIFICATION PROTECTION...my coin is a genuine piece of CRAP. Love it!
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Rest in Peace
United States
7075 Posts |
Of course, once established, you will need to create a second tier of (de)grading for your A-List clientele. It will be offered by the Organization of Learned Authenticators.
The new, additional label would read: CRAP-OLA.
Then we need to start a school to train future authenticators...a McUniversity for coins nerds.
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Pillar of the Community
 United States
1302 Posts |
You mean CRAP Online University, or better known as CRAP ON U
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Replies: 19 / Views: 3,221 |