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Does Cac=add $50 For No Reason?

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BuffalosRock's Avatar
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500 Posts
 Posted 04/29/2013  1:30 pm Show Profile   Bookmark this topic Add BuffalosRock to your friends list Get a Link to this Message Number of Subscribers
If you ask me, CAC is a waste of time and $. I'm not more impressed because of a CAC verification sticker yet sellers all over seem to treat it as a reason to jack their price up A LOT.

I end up eliminating them all from consideration as a result. Kind of defeats the purpose if you ask me!
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basebal21's Avatar
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 Posted 04/29/2013  1:59 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
More people seek them out than refuse to buy them. Most people will buy them if they like it though. As a whole their snickered coins do look better than their peers which is why people go for it
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Dave H's Avatar
United States
1436 Posts
 Posted 04/29/2013  2:39 pm  Show Profile   Bookmark this reply Add Dave H to your friends list Get a Link to this Reply
, but one doesn't need the added cost of the coin having a CAC sticker if they can see that for themselves.
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CoinsKelly's Avatar
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3453 Posts
 Posted 04/29/2013  2:40 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
I ignore the sticker and look at what is inside. The whole concept of grading the grader is kind of ridiculous in my book. The only slabbed coins hubby and I purchase are his FBL Franlkins and my rarer coins (3cn if you haven't guessed!) or those series I am not 100% confident in my authentication abilities.

If someone want to pay a higher price due to the current market, more power to 'em. I choose not to.
Edited by CoinsKelly
04/29/2013 2:40 pm
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basebal21's Avatar
13014 Posts
 Posted 04/29/2013  4:21 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
, but one doesn't need the added cost of the coin having a CAC sticker if they can see that for themselves.


Thats true its certainly not necessary for most collectors which is why a lot of people have the if its there its there mentality.

Just like more rare coins gets slabbed over time I would suspect the same will be true here, meaning over time itll be harder to avoid it completely as more of the nicer coins get stickered
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bpoc1's Avatar
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 Posted 04/29/2013  4:21 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply

Quote:
I ignore the sticker and look at what is inside. The whole concept of grading the grader is kind of ridiculous in my book

I also feel this way with "slobbered coins!" Thanks BiggFredd may he RIP.
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bpoc1's Avatar
United States
4078 Posts
 Posted 04/29/2013  4:49 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
BuffalosRock, As far as slobbered coins, I would need to have Trade dollars or any key date coins verified before I buy. not necessarily from a TPG but, from as many sources available to me. CAC
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BuffalosRock's Avatar
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500 Posts
 Posted 04/30/2013  09:41 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
bpoc1, I am not against TPG grading and I agree that for many there is a "safety net" with certified graded coins. My objection is that CAC "double secret probation verification" IMO is superfluous and just adds cost to coins with no value added. Some dealers seem to use it to add hundreds to their pricetags. I haven't noticed CAC coins being superior - on avg - over non-CAC ones but they sure price them like they are! I don't think the industry needed more gimmicks to squeeze $ out of collectors. "+" and CAC and OGHs etc.
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jerseyben's Avatar
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1211 Posts
 Posted 04/30/2013  12:02 pm  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
As I stated last time you made similar claims:

The market will support what people are willing to pay.
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oih82w8's Avatar
United States
7840 Posts
 Posted 04/30/2013  12:11 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
There are some pretty nice coins with CAC stickers on them...on the flip side, I have seen a few CAC coins that did not warrant a second look. I think I covered that well.

It all boils down to "eye appeal" to me.
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dave700x's Avatar
United States
10625 Posts
 Posted 04/30/2013  12:33 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
A gold bean my warrant it but not a green bean in my opinion.
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