CAC in the coin and currency section.

[coinslabz26]

devon@ebay 

elizabeth@ebay 

Question about CAC grading. For context ebay's collectable currency policy has limited grading service to only the most reputable grading companies. Currently that list includes PCGS, NGC, ICG, ANACS, PCGS, and Legacy Currency grading.

That said CAC, a company owned by the founder of PCGS and NGC's had launched a stickering company called CAC in 2007 to verify the accuracy and above average quality on PCGS/NGC coins. They were represented by a green oval sticker. This seemed to be acceptable to ebay as they added items specifics for PCGS & CAC coins and NGC & CAC coins as an option to choose when listing a coin.

Currently there are over 7100 CAC'd coins on ebay. Now CAC is launching their own grading service. Will ebay accept CAC graded and holdered coins on the platform? If not, is it at least being considered?

Thank you for answering this long winded question!

[elizabeth@ebay]

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@coinslabz26 wrote:

devon@ebay 

elizabeth@ebay 

Question about CAC grading. For context ebay's collectable currency policy has limited grading service to only the most reputable grading companies. Currently that list includes PCGS, NGC, ICG, ANACS, PCGS, and Legacy Currency grading.

That said CAC, a company owned by the founder of PCGS and NGC's had launched a stickering company called CAC in 2007 to verify the accuracy and above average quality on PCGS/NGC coins. They were represented by a green oval sticker. This seemed to be acceptable to ebay as they added items specifics for PCGS & CAC coins and NGC & CAC coins as an option to choose when listing a coin.

Currently there are over 7100 CAC'd coins on ebay. Now CAC is launching their own grading service. Will ebay accept CAC graded and holdered coins on the platform? If not, is it at least being considered?

Thank you for answering this long winded question!

---

Good morning @coinslabz26. Let us check with the proper team on this one, and we'll get back to you.

[elizabeth@ebay]

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@coinslabz26 wrote:

devon@ebay 

elizabeth@ebay 

Question about CAC grading. For context ebay's collectable currency policy has limited grading service to only the most reputable grading companies. Currently that list includes PCGS, NGC, ICG, ANACS, PCGS, and Legacy Currency grading.

That said CAC, a company owned by the founder of PCGS and NGC's had launched a stickering company called CAC in 2007 to verify the accuracy and above average quality on PCGS/NGC coins. They were represented by a green oval sticker. This seemed to be acceptable to ebay as they added items specifics for PCGS & CAC coins and NGC & CAC coins as an option to choose when listing a coin.

Currently there are over 7100 CAC'd coins on ebay. Now CAC is launching their own grading service. Will ebay accept CAC graded and holdered coins on the platform? If not, is it at least being considered?

Thank you for answering this long winded question!

---

Hi @coinslabz26. Currently, the accepted grading companies are here, and we don't have any further updates to share at this time. However, keep an eye out as we will post any new graders there. 

[dirk12955]

Wouldn't the industry need time to accept CAC actually grading the coins themselves,   Rather than 

grading the graders of coins?

Anacs,  PCGS,  NGC and the other grading services weren't accepted right out of the gate.    The 

 dealers and collectors would need time to see how conservative (Or not)  CAC will grade.

Standards tighten and loosen from time to time.    Anybody holding coins graded by ANACS 

in the late 70s or early 80s and even later  know that they don't meet today's standards.   

Even PCGS has coins floating around in slabs that the grades given during a certain 

time period would need to be taken with a grain of salt.    

[coinslabz26]

@dirk12955 

dirk12955 - ANACS has always graded consistently and so has NGC. Even ICG is pretty good. The reason why a larger proportion of the older holders are "not meeting today's standards" is because the nicer ones typically get submitted to PCGS to be upgraded or crossed over. Over time this watered down the population with a disproportional amount of the coins that didn't cross or upgrade.

There is also no grader that has more experience than the owner of CAC. Their standards will be quite high and their grading conservative.

Anyway. Thank you elizabeth@ebay for clarifying!