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Cac?

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 Posted 03/17/2011  7:53 pm Show Profile   Bookmark this topic Add johnson1488 to your friends list Get a Link to this Message Number of Subscribers
OK, So what exactly is CAC? I know they are the Certified Acceptance Organization. However, what exactly does a "CAC" Sticker mean? I have seen this numerous times. Can you send your coins to them like PCGS or NGC?
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Bryan1315's Avatar
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14454 Posts
 Posted 03/17/2011  9:16 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
green bean means its graded correctly, the gold bean means its higher end of the grade. yes you can send them your coins to get stickered
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biokemist6's Avatar
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12437 Posts
 Posted 03/17/2011  11:00 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It is not really something designed for the average collector and means very little to the sub-$1000 segment of the market. However, when you have a coin that increases thousands of dollars for a one point grade bump, a CAC sticker can separate that coin from the rest at the same grade and result in a higher realized price.
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John1's Avatar
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56855 Posts
 Posted 03/18/2011  07:10 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
a CAC sticker can separate that coin from the rest at the same grade and result in a higher realized price.
Yes but only if you put more value in CAC then say PCGS.Am I right?Correct me if I'm wrong.
John1
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United States
1547 Posts
 Posted 03/18/2011  07:33 am  Show Profile   Bookmark this reply Add eddiespin to your friends list Get a Link to this Reply

Quote:
Yes but only if you put more value in CAC then say PCGS.Am I right?Correct me if I'm wrong.
John1

You're right. Ergo, I'm not going to correct you--how do you like that?

CAC is a 4th-party endorsement on a 3rd-party grade, that's all it is.
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