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robec1347

Member: Seasoned Veteran
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Posts posted by robec1347

  1. On 6/12/2023 at 4:48 PM, Coinbuf said:

    But that email says nothing about a special rate of $16 vs the newly announced econ tier of $22; I think that you will be charged $22 for each coin that passes but I will hope I'm wrong on this.   Please update once you get your invoice for the group you just sent in so we have a definitive answer to the amount of the fee.

    I filled out the online form and was charged $22. I think @Tyrock mentioned the $16 in error. I never gave $16 a thought while filling out the submission.  I was aware the price had been raised. 

  2. On 6/12/2023 at 4:02 PM, GoldFinger1969 said:

    What's with this "not accepting new members" stuff -- I think it's been that way from BEFORE Covid !! :o

    The old members had to have submitted most or all of their personal coins long ago...probably what is happening is these "grandfathered" members are submitting coins on behalf of people who never submitted their coins before.

    They should take coins from whomever; why grandfather some dealer who submits 50 coins a months and exclude a small collector who just wants CAC to review 5-10 a YEAR. :mad:

    Yes, they’ve been opening and closing membership since they first launched in 2007. I waited three years before I was able to join, then membership was shut down again. It’s been like that since. 

  3. On 6/12/2023 at 3:37 PM, Tyrock said:

    Actuaaly, I will correct myself. The information came from emails CAC sent me. I was going to hold off on sending the 20 coins in, but the rep said to send them now. CAC will keep track of the 20 coins under the program. The submission form does not list this offer, but she said they will automaticcaly correct the money due on the member portal. I was also able to put a cc on file, which is better than sending a full payment and waiting for a refund.

     

    I found the email, dated May 9. According to the email a special Grandfathered tier was suppose to be included on the online pdf form, which it wasn’t. Hopefully it won’t be needed. 
     

    86CB269C-1E9B-4F9A-B7B3-52003049A2F6.thumb.jpeg.e23dcfb3af02b06ff66ccf88ddae61e5.jpeg

  4. On 6/12/2023 at 1:44 PM, Coinbuf said:

    Part of the post you quoted is correct part is not.   Collectors who have submission ability can have 20 review failures per year at CAC stickering that they will not be charged the new failure fee.   That could be twenty failures in one submission or one failure each over twenty submissions.   However, the price for the econ tier is now $22 not the $16 it was prior to being suspended.   CAC stickering is still not accepting new members, so the term "grandfathered in" just means that this policy is only extended to collectors (not dealers) who have submission privileges.

     

    On 6/12/2023 at 2:23 PM, Tyrock said:

    The informstion I posted is corrrct. The information is on the the CAC forums and I checked with customer service to verify it. Once a member has had 20 coins either sticker or fail, then future economy submissions will be at the new $22.00 level. And coins that don't sticker will be charged the fee, but with a 25% rebate. 

     

     

     

    That clears it up, thank you. I didn’t remember reading anything about the $16 fee, since now it has been raised to $22. And the “grandfathered in” confused me since there are either members or non members, unless they are separating current members from members admitted after this policy.  
    I understand the concept now but with one question. How many years will these 20 failures per year be extended?

  5. On 6/10/2023 at 8:18 PM, Tyrock said:

    CAC is allowing members who are grandfathered in to submit 20 coins annually under the old $16 price tier. Coins that do not sticker will not be charged a fee. It's 20 coins per year and coins that don't sticker count toward the 20 coin limit.

     

    Do you have a source for this? What does it mean to ne “grandfathered in”? Is that the same thing as being a member before this new policy change?

  6. Granted the coin on the left is a 67, but as @VKurtB pointed out the furry bits on the under carriage are quite sparse in comparison. I think enough detail is missing to put this coin in the 63-64 category. I also think luster plays more importance to the graders than what you believe. 
     

    B5C20C9E-1587-428C-96D4-8B238694C776.thumb.jpeg.d27d7b5cfe8bd4e0c66d8f353c95c6a8.jpeg