CAC Entering TPG Market - Coin Community Forum

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Author	Replies: 39 / Views: 5,440	Page: of 3
jimbucks Pillar of the Community United States 4692 Posts	Posted 10/13/2022 4:30 pm https://www.coinworld.com/news/us-c...tart-in-2023 Report this Post to the Staff

hfjacinto Pillar of the Community United States 7276 Posts	Posted 10/13/2022 4:41 pm I would buy a CAC slabbed coin. I would also use there services. I wonder though will a new sticker company come around? Why not have a RNC (really nice coin) sticker company. I like your coin I put a red sticker on it! Heck if the coin is really really nice you get a purple sticker! I'll even RNC a CAC coin My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
jbuck Moderator United States 188322 Posts	Posted 10/13/2022 5:08 pm Very interesting. Time will tell how the market treats them. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 10/13/2022 5:14 pm This should be interesting! Report this Post to the Staff
AverageMercEnjoy New Member United States 26 Posts	Posted 10/13/2022 5:17 pm Yawn Report this Post to the Staff
JimmyD Bedrock of the Community Canada 21606 Posts	Posted 10/13/2022 5:32 pm I wonder if ebay will recognize them as an acceptable grader, otherwise they won't be able to sell on their website. Report this Post to the Staff
westcoin Pillar of the Community United States 9792 Posts	Posted 10/13/2022 5:34 pm I read this in the past Seated Liberty Collectors newsletter E-Gobrecht #213 October, 2022 page 15: This is an interview with Todd Imoff Executive Vice President of Heritage Auctions, Q & A with Craig Eberhart, LSCC #1348 in his column the "Auction Realm." Quote: <b>#3</b>. <i>"Craig Eberhart"</i> We have heard about a possible new certification service. Can you tell us anything about this? <i>"Todd Imoff"</i> Probably the worst kept secret in numismatics! I am not in a position to tell you much about CAC's plans. CAC has been a remarkable product and huge influence on the market- place and I suspect they will immediately become a viable choice for savvy collectors and dealers. But I don't see it becoming a huge disrupter to the way we all collect and deal coins. Most of the connoisseurs I work with like the current CAC product and are comfortable having both NGC and PCGS certified coins in their collections. I suspect most will be fine adding coins slabbed by CAC too. So it appears CAC is considering getting into the slabbing game itself and not just grading the other graders. Interesting. EDIT: Here is a link to the E-Gobrecht issue on the NNP https://archive.org/details/egobrec...n13/mode/2up "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 Report this Post to the Staff
oriole Pillar of the Community Canada 5240 Posts	Posted 10/13/2022 6:09 pm Who is going to check their grading, if this comes to pass? Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 10/13/2022 6:15 pm A very correct slightly cynical comment. Report this Post to the Staff
Yokozuna Pillar of the Community United States 4618 Posts	Posted 10/13/2022 6:18 pm oriole asked... Quote: Who is going to check their grading, if this comes to pass? Maybe you will be able to send a CAC graded slab to CAC and get a 'CAC' Bean?' All those CACs sound like the cat has a hairball again. ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! Report this Post to the Staff
datadragon Pillar of the Community United States 1648 Posts	Posted 10/13/2022 6:26 pm Quote: Who is going to check their grading, if this comes to pass? OPC Seal of Approval of course QsQdLTxn9B4 Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 10/13/2022 6:27 pm Who is now going to maintain and review the grading standards? There has always been the temptation to give a favorable grading, so that more customers are attracted to a particular grading service. There is ample evidence that customers who don't like a grading, go to a competitor TPG to get that favorable grading they are looking for. Report this Post to the Staff
JimmyD Bedrock of the Community Canada 21606 Posts	Posted 10/13/2022 6:39 pm We have two posts on the same subject http://goccf.com/t/433349 Report this Post to the Staff
livingwater Pillar of the Community United States 2231 Posts	Posted 10/13/2022 7:13 pm Maybe more competition in the grading arena will incentivize PCGS and NGC to do a better job. Edited by livingwater 10/13/2022 7:16 pm Report this Post to the Staff
NumisEd Pillar of the Community United States 5182 Posts	Posted 10/13/2022 7:56 pm Perhaps it will put some pressure on grading fees as well. Report this Post to the Staff
owatchman Pillar of the Community United States 1494 Posts	Posted 10/13/2022 9:03 pm Quote: Maybe you will be able to send a CAC graded slab to CAC and get a 'CAC' Bean?' Sounds like CACception. Report this Post to the Staff
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