What is the difference between a verification service and a grading service?
CAC is a verification service that stickers coins they consider solid-for-the-grade. They are owned by retailers and have a trading network. They sticker coins they like and that they think are graded appropriately. However, because they have only been around for a couple of years, they have only seen a small percentage of graded coins.
This means that any coin without their CAC sticker is not inferior to one with a sticker. There are plenty of properly graded coins by NGC and PCGS, which are considered the two top grading services, that are in holders without the CAC sticker. Buyers and investors just need to do their homework before purchasing coins because there are many dealers that misrepresent coins to their clients by housing them in holders from unconventional grading services - attempting to sell them for more than they are worth.
If you were defrauded by an unscrupulous coin dealer and fell victim to gold coin fraud, you need to call the Voss Law Firm for a free legal consultation at 888-614-7730 today. You may be able to take legal action against the fraudulent company.
Also make sure to request your FREE copy of coin fraud attorney Bill Voss's book Coin Fraud - Is Your Investment at Risk?
The Voss Law Firm, P.C. represents clients on a local, national and international basis. We proudly serve companies and individuals along the Gulf Coast and around the globe on a contingency fee basis. Our law firm collects nothing unless we recover on our client's behalf.