Making A Market in Coins
Since its inception in late 2007, CAC has processed more than 350,000 coin submissions with a declared insurance value totaling more than $1.75 billion. It also has purchased more than $250 million worth of coins, according to data on its website.
In 2011, CAC and a group of coin dealers founded Coinplex, an online coin trading platform for professional dealers, in order to broaden the trading market for CAC-approved coins. Dealers are also able to make markets in non-CAC-verified certified coins. As of 2012, Coinplex has 156 member dealers posting more than 56,000 bids, valued at $538 million.
Read more about this topic: Certified Acceptance Corporation
Famous quotes containing the words making, market and/or coins:
“In making a speech one must study three points: first, the means of producing persuasion; second, the language; third the proper arrangement of the various parts of the speech.”
—Aristotle (384–323 B.C.)
“At market and fair, all folks do declare,
There is none like the Boy that sold Broom, green Broom.”
—Unknown. Broom, Green Broom (l. 23–24)
“No Time, spoke the clocks, no God, rang the bells,
I drew the white sheet over the islands
And the coins on my eyelids sang like shells.”
—Dylan Thomas (1914–1953)