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Posts posted by Alex in PA.
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On 3/5/2021 at 6:32 PM, Quintus Arrius said:
"This stops now," means business!
This came about because no matter how kindly the Mod would ask they would receive verbal abuse as a reply. Most of those DoDos are gone but some have replaced them. If you were here for the 'War of the Words' (2003-2006) you'd have a better view of the rules. Also, your 'Constitutional Rights' do NOT apply to private industry. If that were true Twitless, FakeBook, et al would be out of business by now. Acceptance is the first step to peace of mind.
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14 hours ago, Just Bob said:
Rarcoa, and others hype the coins as "superior quality." Collectors pay up (maybe) for really nice coins (hopefully).
I have heard this some where before but I cannot remember where.
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10 hours ago, Revenant said:CAC only works on higher end things where 1 point matters.
Correct. Revenant knows what he is talking about. I saw a common Mint State 63 Morgan with a CAC sticker. That is the exact definition of 'greedy' and does nothing more than hurt the hobby by inflating a $40.00 coin to $60.00 or $80.00.
51 minutes ago, GoldFinger1969 said:CAC makes a market in their own stickered coins and will buy/sell sight-unseen their own coins by making a market in them.
"Pump and dump" (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock". Punishable by prison time if stocks are involved. Coins....nope, do as you please because there's no regulation on how high you can inflate a coin nor how many 'misleading' statements used to describe said coin.
- RonnieR131, JT2 and Hoghead515
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1 hour ago, GoldFinger1969 said:
What is that $2.9 billion you reference ?
I never said "there's anything wrong with making money". I said: " It's always been about the the money." and you went on the DEFENSIVE without knowing anything about the corporation you were defending.
From Wikipedia, the free encyclopedia
CAC has evaluated over 650,000 certified coins with a value of over $2.9 billion. The company has over 400 dealer members and over 500 collector members. The firm's website maintains a free serial number verification service, which helps deter CAC sticker counterfeiting, and Population Report, which assists in determining coin rarity.
As of September 2015, CAC had purchased over $425 million worth of its stickered coins. The exact description of the "Pump and Dump". In the US Stock Market you go to prison for that. In the Coin Hobby they grant you sainthood.
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15 minutes ago, GoldFinger1969 said:
CAC eats their own cooking by making a market in CAC coins. If they over-sticker, they lose money. No conflict of interest for the most part.
Yes, in the Stock Market it's called 'The Pump And Dump' and you can get prison time for it. In the Coin Hobby no one cares and I'd say after 2.9 BILLION dollars CAC is all about the money.like all the rest.
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33 minutes ago, GoldFinger1969 said:
John Albanese has credentials.
Certified Acceptance Corporation (CAC) is a Far Hills, New Jersey coin certification company started in 2007 by coin dealer John Albanese.
If by "credentials" you mean 'Coin Dealer' I have never met the coin dealer that was in it for the fun. Have you?
- Cat Bath and Hoghead515
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CAC, MAC, Blast White, et al = it's all about the money. It's always been about the the money.
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14 minutes ago, Quintus Arrius said:
Re: FedEx...whatever happened to their slogan when something "absolutely, positively has to be there overnight"?
FedEx for you and for me!
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4 minutes ago, GoldFinger1969 said:
via USPS/FedX/UPS has gotten stolen
I DO NOT send any coins via FedEx or UPS. Why, for decades of sending high value coins I have never had any lost/stolen/misplaced is beyond me but that is just the way it is. I subscribe here, CT & CU and have read these "horror" stories but for some reason have only read a few 'follow ups'.
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19 hours ago, Crawtomatic said:
It seems certain folks really dislike the stickers.
I wonder who those folks are and why they don't like a sticker on their slab? More stickers means more value; right?
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16 hours ago, DWLange said:
yet the USPS is still suffering delays in delivering low-tech packages.
Then perhaps upgrading is the way to go for present times. I have had NO problems with Over Night and Registered shipping TO the TPGs. Just recently I received a submission back where it took less than 3 days California to Pennsylvania and a completed submission NGC tto me in 3 days. I live in a very small town and we don't have the staff some POs have yet I am experiencing no delays and have never had a loss in decades of USPS service. And NO. I do not work for the USPS or am affiliated in any way with them.
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On 3/27/2021 at 1:21 AM, proud potato said:
whats the best way to clean a coin
Steel wool works well.
- proud potato, comicdonna and rocket23
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18 minutes ago, M.Cline said:
I have 2 coins graded by NGC which are incorrect.
So? I've got three mislabeled by ATS. People make mistakes and my 2 1/2 Dollar Gold isn't really a $1.00 gold.
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Etsy...................
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Ummm, I like a good
And there is no finer subject to bring out the boxing gloves than CAC.
- Hoghead515 and RonnieR131
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1 hour ago, GoldFinger1969 said:I'm assuming he is who he says he is.
Good 4 U. Now I will quote myself: "me believe you are not what you profess to be".
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2 hours ago, Pantel Numis said:For those that'll take the time to read this and constructively respond:
It's things like this that make me believe you are not what you profess to be. No luck on the CU Forum?
- Morpheus1967, Hoghead515 and Cat Bath
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Another great historical post. Very interesting reading; thanks very much.
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Never thought I'd see that! Thanks.
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On 3/21/2021 at 10:51 PM, Hoghead515 said:
Those are some very impressive and beautiful coins Buffalo Head. E
Where's your Buffalo?
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12 hours ago, GoldFinger1969 said:
I didn't say that it was an epidemic.
Agreed. But let's look at these 'thefts' of precious coins. Pandemic hits and all must stay at home bored and lonely. Shipments via USPS (and FedEx, UPS too) slow down and some of the coin forum's impatient people get 'antsy'. Coin forums get more attention with people reporting "many thefts" (most unsubstantiated) from the USPS but few from FedEx, UPS. Why? The majority of the comments I read from ATS were: "My coins are missing." Or "My coins are not being tracked any longer." Or words to those effects. Therefore: "My coins must have been stolen," I'll just leave my theory there. I am going to mail, via USPS, to a forum member. I will post it's every move especially if it suddenly disappears,
Have a Cigar! Show your Gold Coins!
in US, World, and Ancient Coins
Posted
Mexico City mint.