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This Agreement (defined below) is between the applicant (after acceptance into the program by CAC in its discretion, the “Authorized Dealer”) and CAC Grading (“CAC”). By completing the Dealer Application and submitting it to CAC you are applying to become an Authorized Dealer. Nothing in this Agreement obliges CAC to accept your application to become an Authorized Dealer. If accepted, you may also need to specifically opt into the Authorized Dealer list or take other steps within the Services in order to enable such status.
These Terms and Conditions are incorporated into and made a part of the “Dealer Application” which refer hereto (and which together are referred to as, “the Agreement”) and prevail over any inconsistent terms or conditions of the applicant or implied by law, trade custom, practice or course of dealing.
As an Authorized Dealer, you become authorized to submit coins to CAC and be listed on our Authorized Dealer web page. You also become eligible to request access to list your coins for sale in the CAC Coin Marketplace and to request to become a CAC Submission Center. If approved as a Submission Center, you become authorized to receive coin submissions for grading from actual or prospective customers (“Customer(s)”) on behalf of CAC, for you to then forward or submit to CAC for grading, or other applicable Services via the proper forms and procedures, and subject to the applicable terms and conditions, as set forth herein. Whether or not you submitted a proper application, if CAC accepts you as an Authorized Dealer, these terms apply.
If CAC accepts applicant as “Authorized Dealer,” then Authorized Dealer, hereby agrees (i) that the terms of the Agreement apply to the Authorized Dealer’s membership of CAC; and (ii) to be bound by and comply with the procedures and rules of CAC governing submission of coins, paper money, and other collectibles (the “Collectibles”) for grading, preservation/holdering, restoration and/or other CAC services (the “Services”), as the same may be prescribed or changed from time to time.
CUSTOMER'S RIGHTS
Whether a Submission Center or not, Authorized Dealer must ensure that it adheres to (and makes available to Customers) the following rights, and that each Customer is entitled to the following rights:
TERM
Authorized Dealer is subject to these terms and conditions (and membership dues, if applicable, shall be renewed and automatically apply annually) so long as Dealer is an active submitter with CAC, unless canceled as permitted herein. Dealer Membership fees are non-refundable.
TERMINATION
CAC may immediately terminate this Agreement if the Authorized Dealer (i) fails or refuses to make timely and / or proper payment of any sums or financial obligations to CAC within fifteen (15) days of its receipt of written notice of such obligation from CAC; (ii) is charged with or becomes a party to any criminal offence, civil proceedings, regulatory action or proceedings or other proceeding in which Authorized Dealer or any of its principals, shareholders, directors, officers, members, managers, agents, or employees is accused of or charged with any act or omission that constitutes or involves allegations of dishonesty, fraud, deceit, theft of property (iii) takes any step or action in connection with entering bankruptcy, administration, provisional liquidation or any composition or arrangement with its creditors (other than in relation to a solvent restructuring), being wound up (whether voluntarily or by order of the court, unless for the purpose of a solvent restructuring), having a receiver appointed to any of its assets or ceasing to carry on business or, if the step or action is taken in another jurisdiction, in connection with any analogous procedure in the relevant jurisdiction; or (iv) engages in any activity or any conduct, act, or omission that in CAC’s sole and exclusive discretion (without regard to reasonableness) threatens the reputation of or sheds a negative or disparaging light on CAC and / or the coin grading or collecting industry(ies). Additionally, this Agreement may be terminated for any reason by either party upon fifteen (15) days’ written notice to the other party.
CONSEQUENCES OF TERMINATION
On termination of this Agreement for any reason (i) the Authorized Dealer’s membership shall automatically cease; (ii) the Authorized Dealer shall immediately pay all sums owing to CAC; (iii) the dealer will no longer be authorized to receive or submit coins on behalf of CAC; and (iv) the dealer may no longer state or imply they are a CAC authorized dealer or that they are able to accept coins for submissions on behalf of CAC. However, certain terms remain applicable as long as the authorized dealer buys, sells, processes or holds CAC holdered coins, such as the CUSTOMER'S RIGHTS section and the sections from INDEMNITY through the end of the document.
REJECTION OF SUBMISSIONS
CAC hereby reserves the right in its sole and exclusive discretion, which may be exercised for any reason, without regard to reasonableness, to reject any item submitted to it for Services.
Authorized Dealer shall at all times be an independent contractor and nothing in this Agreement is intended to, or shall be deemed to, establish any partnership or joint venture between the parties, constitute the Authorized Dealer an agent of CAC for any purpose whatsoever. Authorized Dealer shall have no authority to bind CAC to any commitments or agreement or to make any public or private statement of corporate policy or intentions with respect to matters connected with the Services or otherwise.
USE OF NAME
By entering into this Agreement, Authorized Dealer grants CAC a non-exclusive license to use its name and designation as an Authorized Dealer as set forth herein (e.g., to list Authorized Dealer in Authorized Deal page of our website, in marketing materials, if applicable, in any lists of authorized submitters, etc.), which Authorized Dealer may revoke upon thirty (30) days' written notice to CAC.
INDEMNITY
Authorized Dealer shall and hereby does indemnify, defend and hold harmless CAC and all of its affiliates (including, without limitation, the CAC Companies), and all of its and their respective principals, shareholders, directors, officers, members, managers, agents, or employees, from and against all allegations, claims, demands, suits, actions, losses, damages, liabilities, fines, penalties, costs, and expenses of any type or nature whatsoever (including reasonable legal fees) relating to or arising under this Agreement, and the transactions contemplated hereunder.
LIMITATIONS OF LIABILITY
Subject only to the Liability Cap Exclusions (defined below), in no event shall CAC or any of their affiliates, or any of its or their respective principals, shareholders, directors, officers, members, managers, agents, or employees, be liable to Authorized Dealer, Customer, or any other party, whether in contract, tort (including negligence), for breach of statutory duty, or otherwise, arising under or in connection with this Agreement for (a) loss of profits; (b) loss of sales or business; (c) loss of agreements or contracts; (d) loss of anticipated savings; (e) loss of or damage to goodwill; (f) loss of use or corruption of software, data or information; or (g) any indirect or consequential or exemplary damages, even if advised of the possibility of such damages.
Subject only to the Liability Cap Exclusions, in no event shall the aggregate liability of CAC, its affiliates, or any of its or their respective principals, shareholders, directors, officers, members, managers, agents, or employees, exceed the fees paid or payable to CAC by Authorized Dealer for the Services in relation to which the act or omission giving rise to the liability occurred.
Nothing in this Agreement shall limit or exclude either party’s liability for (a) death or personal injury caused by such party’s negligence; (b) such party’s fraud or fraudulent misrepresentation; or (c) any other liability which cannot be limited or excluded by applicable law (collectively, the “Liability Cap Exclusions").
Subject only to the Liability Cap Exclusions, Authorized Dealer’s sole and exclusive remedy, and CAC’s sole liability with respect to any of its Services shall be pursuant to any relevant CAC policies or terms, e.g., as applicable, CAC Grading Policy, Submitter Terms, etc. (collectively, the “Applicable Policies”) (if any) posted on our website offered in connection with such Service, and to the extent permitted by law, the Authorized Dealer hereby irrevocably disclaims, releases and abandons all other rights and remedies in law or equity, and CAC hereby disclaims all other warranties or guaranties, express or implied, including without limitation the implied warranties of merchantability and fitness for a particular purpose.
This Agreement, together with any relevant Applicable Policies and any related Submission Forms, constitutes the entire agreement between Authorized Dealer on the one hand, and CAC on the other and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter. Authorized Dealer acknowledges that in entering into the Agreement it does not rely on and shall have no remedies in respect of any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in the Agreement. Authorized Dealer agrees that it shall have no claim for innocent or negligent misrepresentation or negligent misstatement based on any statement in the Agreement.
This Agreement may only be amended or modified by CAC providing 15 days’ written notice to Authorized Dealer; provided that (a) in the event of a conflict between the terms of this Agreement, the relevant Applicable Policies, and any related Submission Forms, the terms of this Agreement will control, except that the terms of the relevant Applicable Policies and/or CAC terms on any authorized Submission Form will control with respect to the subject matter of the Applicable Policy or Submission Form, and (b) in the event of a conflict between the terms of the relevant Applicable Policies and any related Submission Forms, the terms of the relevant Applicable Policies will control.
A waiver of any right or remedy under the Agreement or by law is only effective if given in writing and shall not be deemed a waiver of any subsequent right or remedy. A failure or delay by a party to exercise any right or remedy provided under the Agreement or by law shall not constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict any further exercise of that or any other right or remedy. No single or partial exercise of any right or remedy provided under the Agreement or by law shall prevent or restrict the further exercise of that or any other right or remedy.
If any provision or part-provision of the Agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of the Agreement.
(a) Unless it expressly states otherwise, the Agreement does not give rise to any rights in any third party to enforce any term of the Agreement; and (b) The rights of the parties to rescind or vary the Agreement are not subject to the consent of any other person.
CAC may assign, transfer, mortgage, charge, subcontract, delegate, declare a trust over or deal in any other manner with any of its rights and obligations under this Agreement. Authorized Dealer may not assign, transfer, mortgage, charge, subcontract, delegate, declare a trust over or deal in any other manner with any of its rights and obligations under this Agreement.
The Agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of the Commonwealth of Virginia. Each party irrevocably agrees that the courts of the City of Virginia Beach shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with the Agreement or its subject matter or formation.
Last updated April 15, 2026.
