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NEW PRICE GUIDE: CAC MARKET VALUES
E-Sylum contributor Mark Ferguson has begun publishing a price guide for coins reviewed by fourth-party grader Certified
Acceptance Corporation (CAC). Here's an excerpt from the press release. -Editor
PCGS and NCG coins that have been approved and stickered by CAC command premium prices compared with coins that lack the CAC sticker. But exactly how much more should collectors and dealers pay or ask for CAC coins when buying or selling? Now expert rare coin pricing analyst Mark Ferguson, Principal of Numisma Publishing, has launched CAC Market Values, the first and only independent monthly price guide exclusively for CAC coins. “With our new price guide, buyers and sellers of CAC coins can value them with confidence,” says Ferguson, who serves as editor and lead pricing analyst of CAC Market Values. “With our reliable and accurate pricing data, you can avoid paying too much when buying CAC coins or charging too little when you sell – maximizing your profit on every coin deal you make.” Published monthly, CAC Market Values keeps subscribers up-to-date on ever-changing market prices for CAC-approved rare coins. What’s more, as Ferguson explains, “Market values are presented as high and low median ranges, providing subscribers with the true price spreads CAC coins are really trading at.” What makes Mr. Ferguson uniquely qualified to value rare coins? He’s been an independent coin dealer since 1969, served as a professional coin grader for PCGS, and was the primary market analyst for Coin World’s Coin Values price guide for 8 years. And he states, “In 2012, I researched and wrote the highly-requested CAC Market Study, published in association with CoinWeek.” The study measured price premiums for CAC-approved type coins by selected grades. Now, as publisher of the only independent monthly price guide exclusively for CAC coins, Mark Ferguson has painstakingly researched and analyzed tens of thousands of individual sales of CAC-approved coins to build CAC Market Values from the ground up.
In my introduction above, I spelled out "Certified Acceptance Corporation" to explain the abbreviation CAC. I generally do the
same for mentions of third-party graders like PCGS and NGC since not everyone who comes across our articles may know what they mean
(Professional Coin Grading Service and Numismatic Guaranty Corporation, respectively).
I called CAC a "fourth-party grader". Mark hadn't heard that term before. Come to think of it, I don't think I'd heard the term before, either. It just seemed like a concise expression. PCGS and NGC are called third-party graders (sometimes abbreviated TPGs). Parties 1 and 2 are the buyer and seller in a coin transaction. The third party is an outside expert giving their opinion on the coin. CAC introduces a fourth party reviewing the work of the third party, placing their seal of approval (their CAC sticker) on the TPG's slab. Yeah, it's enough to make your head spin, but such is the reality of today's marketplace. Anyway, good luck to Mark in his new publishing venture. -Editor For more information, or to order, see:
For more information about Certified Acceptance Corporation, see:
THE BOOK BAZARREWayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum All Rights Reserved. NBS Home Page Contact the NBS webmaster 
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