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 Replies: 28 / Views: 2,911 |
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Valued Member
United States
83 Posts |
In case you missed the story in CoinWorld... CAC will be at Coinfest and will sticker your ngc/pcgs slabs for FREE Sat only Private Collectors Only - no dealers limit 20 coins per person as time allows This is really a great offer.... hope some of the forum folk will take Mr. John Albanese up on a great offer For those who dont know Mr. Albanese he was one of the original founders of Professional Coin Grading Service (PCGS) in 1986. After leaving PCGS, he founded Numismatic Guaranty Corporation (NGC). www.thecoinfest.com This is the link for all the info on COINFEST Edited by TheCoinfest
10/10/2007 10:29 am
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Bedrock of the Community
United States
17884 Posts |
Hey someone take them a common low value slab they can sell me so I can get an example of the CAC sticker for the reference set.
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Member
United States
1154 Posts |
How will they have time to sticker so many coin? Wil we have to fill out papers?
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Pillar of the Community
United States
6381 Posts |
Pardon my ignorance.... What is CAC? Why would it be a good thing to add a CAC sticker to your slabbed coins? Inquiring minds want to know!  |
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Pillar of the Community
United States
2443 Posts |
From what I understand,the CAC is a sticker that are placed on coins that have exceptional quality for the grade that they're listed in. It's done in a way so that people can buy a coin sight unseen and know that it is a good quality coin and not under graded. Personally, I think this is all more of a gimmick. I wonder if they're actually going to take the time to truly inspect every coin, or is it all going to be rushed because there's going to be so many people?
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Pillar of the Community
United States
1231 Posts |
Will they sticker a self-slabbed/self-graded coin?
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Pillar of the Community
United States
2443 Posts |
Brett, I think it's a service that's going to be done for the top 3 grading services(PCGS, NGC, ANACS) with most of bulk going to PCGS and NGC. Someone correctly if I'm wrong, but I remember reading about this stuff on the PCGS forums a LONG time ago, so I might be wrong.
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Member
United States
1154 Posts |
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New Member
United States
1 Posts |
TO:Jaobler
Thank you for all the crossover info, I have about ten coin that I will be sending to NGC, for crossover. I'm putting together an list and photos.
w.lis
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Pillar of the Community
United States
1984 Posts |
Amen, forum mom! Like to see how many posts happen after 'coinfest' that are not about how great coinfest was and how it's going to be even better next year.
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Pillar of the Community
United States
2269 Posts |
It all seems like a gimick, designed to attract collectors to coinfest.
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Pillar of the Community
 United States
2703 Posts |
 I don't see the value in CACking up a slab. A gimmick to convince collectors to look at a sticker, no need to look at the coin. |
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Valued Member
 United States
83 Posts |
At the risk of being called a self promotor of Coinfest...
CAC is the creation of Mr. John Albanese
For those of you who do not know John Albanese, John has the unique distinction of being the only person who was a founder of America's two leading independent coin grading services.
He was one of the original founders of Professional Coin Grading Service (PCGS) in 1986. After leaving PCGS, he founded Numismatic Guaranty Corporation (NGC). As President of NGC, John also functioned as a full-time coin grader and personally graded over 1,000,000 coins until his departure in 1991.
To this day, he is considered one of America's leading professional numismatists and one of the world's noted authorities on coin grading and the rare coin market.
I do not know why the idea of having the CAC experts look at up to 20 of your coins for free to determine if they are of a PQ quality is a bad thing?
Edited by TheCoinfest
10/08/2007 10:41 pm
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Pillar of the Community
United States
1228 Posts |
CAC IS A STICKER SO THAT THE OWNER CAN GET RID OF THAT INVENTORY Quicker/sell it easyer
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Pillar of the Community
United States
1984 Posts |
quote:
I do not know why the idea of having the CAC experts look at up to 20 of your coins for free to determine if they are of a PQ quality is a bad thing?
I have a lot of reasons why this is a 'bad thing,' or at least not something to jump up and shout about. I'll give you two: 1.)A 'PQ' designation is completely meaningless and leading anyone to believe it has meaning is prima facie nonsense; 2.)Coin grading and authentication is convenient shorthand for dealers and collectors. Anytime the focus goes away from the coin and to the plastic or the sticker, then you might as well leave the coin at home. Everyone should know that a coin in an MS-65 slab with a silly PQ sticker provided by an 'expert' still needs to be examined closely by the collector as I've found MS-63s and MS-64s that I've liked much better than coins that have made it into MS-65 slabs. I'm not saying it's not clever marketing, but if each sticker costs a nickel, I'd rather have the nickel. |
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Valued Member
United States
83 Posts |
In certain ways I agree with the above.... that a collector needs to still view the coin and make sure he likes it....after all each collector has his own likes and dislikes... toning vs blast white for example..... but in some ways lets draw a parallel to movie critics... Siskel, Ebert, Roeper ... sometimes you find a expert that you agree with....you like the way they review.... if you find a critic that has the same values you do then you can certainly use that critics knowledge to help yourself in movies or coins... but back to my point.... there is no downside with the very nice offer that CAC has set up at Coinfest... They are offering to look at up to 20 coins FOR FREE per person collectors only not dealers... if your coming to the show...why not take advantage of the offer....that was my point... what does the CAC sticker do for you... it alerts a new network of dealers that stand behind the CAC label that the coin is truly PQ and worth more money.... if you want to sell it, the value has increased because this network of CAC dealers will pay more for them....  Edited by TheCoinfest
10/10/2007 11:00 am
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Replies: 28 / Views: 2,911 |
Posted 10/04/2007 4:09 pm
