Thoughts on ANACS?
Goob
Posts: 305 ✭✭✭✭
I personally like ANACS but I want to know what the general consensus is!
"Another day, another Collectors Universe forum scrolling session."
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https://forums.collectors.com/discussion/1009079/pcgs-forum-rules-and-guidelines#latest
But I’m not breaking any of the rules…
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
I have a submission there that is taking fooooorever.
It was supposed to have been back to me in time for FUN but so far.... crickets.
I know turnaround times are not guaranteed but still.
Official PCGS account of:
www.TallahasseeCoinClub.com
As to the quality of ANACS grading, I am good with it for a fairly broad number of coin types and grade range.
Official PCGS account of:
www.TallahasseeCoinClub.com
It’s not illegal to discuss other grading services, even though some bad threads have emerged from it
. Overall, I ANACS is a very good grading company, especially in the budget category. Their older small white “soapbox” holders are some of the best ever made IMO.
If you have a cheaper coin or one that might be cleaned or such, and don’t want to spend $$$ on PCGS/NGC, ANACS is the way to go. For more expensive coins I would go with PCGS/NGC as they are overall the best. Hope this helps.
No but some might call it questionable and shouldn't be messed with, friendly advise sorta speaks 🙂
(There all good in their own way)
The trajectory of similar threads in the past prompted the caveat. Look them up—many have “CLOSED” in red pinned over them,
I think that they are wonderful, but I am prejudiced as I started their grading service back in 1979.
Agreed!
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
They do a great job. The people are extremely helpful and friendly. I have about 70 ANACS Slabs.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
And some of us might say it was a reasonable question to ask. Opinions should be welcomed as long as they don’t result in bashing any grading company. If respondents do that, it’s on them, not @Goob.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I've only submitted one coin and it was a good experience. I submitted the coin in late October and was told to expect it around late December-early January. The coin showed up on the second week of November
That’s awesome. ANACS is just better when it comes to faster turnaround times I think!
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
Just trying to be helpful is all 🙂
I like all the coins I have in ANACS holders... currently in the latest gen Yellow holders. I've owned a few of the old Soapbox holders too... just wish I hadn't cracked them for the album. :-/
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
The quality of their opinions, their slabs and the markets perception of them are three entirely different things.
11.5$ Southern Dollars, The little “Big Easy” set
I dislike their holder intensely. Given that, I don’t even care about their grading because I won’t use them.
I like Anacs coins. They are one of the TPG accepted by eBay. I have a few and they are very nice for the grade. Like their current holders, popular with customers, especially women.
I like them for coins that are of lower value or problem coins. I also like the fact I can submit them at a local coin show and pick them up at a later show, thus avoiding any shipping fees. I've also have had good luck cracking coins out of ANACS holders and getting up grades at other TPGs.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
+1
chopmarkedtradedollars.com
Same here. The newer holders ended it for me. That said, I generally like their grading, and their customer service. I wish they would rethink their plastic.
Dave
I like the curved ANACS slab, looks cool
Understood, and thank you.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Better worded my part yes. Figured before someone did, say something. Thank you as well 🙂
If I'm looking for something slabbed, I wouldn't have issues with an ANACS providing it's what I'm looking for.
The ONLY time I've ever personally slabbed a coin it was with ANACS because of the ease of doing so without memberships etc.
It does seem like marketing in the hobby has now shifted to 'NGC or PCGS ONLY' when I think ANACS is perfectly appropriate to include in that top end also.
True, ANACS does seem to be pretty good, although I feel it may be slightly less consistent than NGC or PCGS which is why its not in the top two TPGs
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
There's about a 1,000 miles between ANACS/NGC/PCGS and everyone else. There may be a couple miles between ANACS and the other two?
Yeah, I think ANACS really isn't that far off from the grading quality of NGC and PCGS. Of course though, people seem to highly prefer PCGS. Even NGC coins go for slightly less! IMO, I think PCGS and NGC graded coins should go for about the same as each other and maybe like a 5% or so reduction for ANACS.
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
I have a few Anacs coins, like them.
While I have long been a supporter of the underdog ANACS, I've had to develop thick skin on these boards.
I can't see why personal opinions about grading services cannot be shared on this site as long as they follow the set guidelines.
I expect that personal grudges can be inflammatory and fans can be
overly zealous.
This is a PCGS site and we all live here. That being said, No service
has a perfect record. They have all changed greatly in their makeup,
ownership and standards. We all have different experiences and have a bias one way or another. PCGS has a valuable feedback tool in these boards has to understand it can't all be "Rah, Rah PCGS!"
We can learn from one another's messages and take what we want from them. We can also ignore them, provide arguments for or against them within the realm of respect. Grind your axes elsewhere.
We are collectors, investors, dealers, teenage basement dwellers, mega millionaires, students, sage numismatists, losers and winners. retirees and the unemployed. All with different backgrounds and experiences
By the very nature of our hobby we are better off than the average Joe. Show some grace, lift the level of discourse and enjoy the
exchanges.
I am an ANACS grader and supporter. I do not generally submit coins
as I feel I am the best judge of my own coins.
When it comes time to pass them on to the next owners, I will then consider how to package them for sale. It may very well be PCGS, or a service not yet conceived.
I personally excited to see what AI will think of them. But then again, it will be others peoples experiences incorporated into a (hopefully) more consistent product.
This year, I will be ending or greatly reducing my influence at ANACS.
I wish them continued success, they deserve it. J.P. Martin
62 yrs in Coins, 42 yrs Certifying/Grading, CoinWorld's Most Influential People In Numismatics, 1960-2020. 30 consecutive yrs teaching ANA Summer seminar, Numismatic Ambassador award, 1998 Doctorate in Numismatics, Glenn Smedley Award, ANA Governor 2009/2011, Author/ Host of ANA's best selling video's, courses on grading & counterfeit detection. Taught over 1,100 paying students, Secret service agents, San Diego to Boston, Anchorage to Miami, including 2 coin cruise lecturer. many Free presentations. NLG book and video awards. ANA photographer, SEM operator, ASA Appraiser, Contributor to Redbook, Numismatist, Coin World, Numismatic News, ANA Grading Guides, 40,000 Volume Library, Founder ANAAB, ICG, 1995 ANA collector services appraisal/conservation, First full service Ancient coin grading service. Navy 75-77, WIU 77-81, Dealer1981-1984, ANA 1984-1998, 60 year Collector U.S./ 50 Year Ancient coins. ANA Advisory Committee. Life member ANA, ANS. Semi-retired grader in Denver area
I appreciate they attend many of the smaller shows throughout the U.S. but I quit using them when one of them handled my coins without gloves via the surface/rim vs the edge and right in front of me. Inexcusable IMO. Grading is on par with others. I like that you can see label information from above but slabs feel and appear inferior.
USAF veteran 1984-2005
I love them, but I'm biased.
Thank you, JP. Hate to see you go!
Very insightful. It is awesome to see that you’ve done so much for the numismatic community and it’s certainly sad to see you stepping away from ANACS! Of course, it is a respectable decision and I wish you success with whatever else you wish to pursue with life!
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
@KOYNGUY said:
This year, I will be ending or greatly reducing my influence at ANACS.
I wish them continued success, they deserve it. J.P. Martin
I agree with @cmerlo1 I will hate to see you go.
Life member of ANA
Always good to see you post. J. P.
Wishing you the best in whatever you do with your extra time.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@KOYNGUY After you retire, I hope you'll spend more time hanging out here. You have a lot of numismatic knowledge and experience to pass down to the next generation of coin collectors.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Even though I'm 70 this year don't expect to find me sitting on the front porch watching life go by. I'm raising 3 teenage boys, and obviuosly a younger wife. I am planning aggressive travel for them.
We caravaned the perimeter of Australia for 3 months in 24, Italy 26, Africa, China, Europe, South America in sight. I love to drive in country.
Maybe after survivng that, I'll slow down and be a bigger part of the old head group on the boards. For now, life has just begun. J.P.
62 yrs in Coins, 42 yrs Certifying/Grading, CoinWorld's Most Influential People In Numismatics, 1960-2020. 30 consecutive yrs teaching ANA Summer seminar, Numismatic Ambassador award, 1998 Doctorate in Numismatics, Glenn Smedley Award, ANA Governor 2009/2011, Author/ Host of ANA's best selling video's, courses on grading & counterfeit detection. Taught over 1,100 paying students, Secret service agents, San Diego to Boston, Anchorage to Miami, including 2 coin cruise lecturer. many Free presentations. NLG book and video awards. ANA photographer, SEM operator, ASA Appraiser, Contributor to Redbook, Numismatist, Coin World, Numismatic News, ANA Grading Guides, 40,000 Volume Library, Founder ANAAB, ICG, 1995 ANA collector services appraisal/conservation, First full service Ancient coin grading service. Navy 75-77, WIU 77-81, Dealer1981-1984, ANA 1984-1998, 60 year Collector U.S./ 50 Year Ancient coins. ANA Advisory Committee. Life member ANA, ANS. Semi-retired grader in Denver area
That sounds absolutely fantastic!
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
They are not for me.
Fair enough, ANACS is pretty hit or miss.
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
Not me. PCGS's standards are different from NGC's and ANACS's standards for the series and grades I collect. NGC coins often downgrade when crossed to CACG or PCGS. One NGC coin in AU55 was graded AU details -cleaned by PCGS. I have NGC coins with CAC green stickers that PCGS would rarely grade that high because they have too much wear for the grade. ANACS coins that I've submitted for crossover have always downgraded, though I didn't crack them out before submitting them.
Oddly enough, PCGS has the lowest standards (highest grades) I've seen for midgrade circulated Newfoundland halves.
At the end of the day, what people really want to know is "What will I get when I sell it.?"
You will hear people defending ANACS and claiming they get even money to PCGS/NGC coins.
You will hear people claiming , "Selling ANACS coins is no different than selling raw coins."
I have sold around 400 to 500 coins in the last 35 years. I have sold PCGS, NGC, ANAC Sm. White, Anac Blue, Anac Yellow, ICG and a few raw coins.
Here are the generalizations I can make.
If you are selling a common coin (I can find 5 or more for sale right here right now); you will be lucky to get 85% of what you paid, (Even if held for a number of years). Markets do change so that may not be true with current bullion votility.)
If you have a slightly rarer date (I may need a few weeks to find one), you may get your money back; but breaking even is the goal and you will have to hold a few years at least). Flipping by knowledgable people not withstanding.
If you have a rare coin that takes a year or more to find. You will usually break even, you may make 10% but depending on market conditions; you may lose 10%.
If you manage to cherrypick a truly rare coin. If you are lucky and the markets eventually catch up with the rarity of the coin in question. You may make a handsome profit. To give examples look at what has happened with Carson City Trade Dollars, 1839 Seated Halves without drapery, any better date Seated Half in XF/AU , attractive Seated Dollars etc.
The one caveat I will offer. Any coin that is accurately graded and has wonderful eye appeal will transcend the plastic. Others will obviously disagree but that has been my experience. Thank you for the question. James
Excellent post, particularly the last sentence.
Having been a collector for over 60 years, I've developed a couple of enduring Guidelines.
I've only collected What pleased me at the time. I was only marginaly influenced by others opinion of what, and why I collected.
I never thought of myself as an investor although I was comforted by
knowing it was a kind of self enforced savings account. As my awareness grew I was drawn to ancient coins. No redbook, greysheet
or price guide. In my mind I would put money in one hand and the coin in the other and chose what meant more to me at the time.
In retrospect the largest change is the investor element. Many collectors today treat coins like stocks.
To become a standardized unit like a stock, Coins had to be certified. Thanks to grading services, this is somewhat true. This allows purchasers to be aware of the upto the minute price of a coin with little numismatic knowledge.
This is what an investor does. You may have little insight into a company, it's product, service or future prospects, but you've been told it is a good investment.
Dealers and traders have turned this into an upgrade game. Today you can be confident that a coin in anyone's holder has had hope of any commercial viablity upgrade squeezed out of it.
As a collector, most all of my coins are raw. I feel I am the best judge
of what they are. Who knows what service will be the Stock "Du jour"
if or when I sell them, ANACS 1979-, PCGS 1986-,NGC 1987-, CACG 2023-, XYZ 2028-, AI 2030-.
I'm one of the people with the the longest tenures in professional Grading and feel privileged to see this evolution first hand.
The years add perspective.
If money is your focus, good luck. Try to have fun and make some memories and friends. Not just trade stocks.
"At the end of the day" we are all dead men.
When I look at my coins, many remind me of were I was, who I met
At the end of the day, When my coins sell. I hope the value brought
to my progeny is only a minor postscript. The greater value was gained
by my personal relationships, sacrifices, and numismatic knowledge gained in the hunt. J.P. Martin
62 yrs in Coins, 42 yrs Certifying/Grading, CoinWorld's Most Influential People In Numismatics, 1960-2020. 30 consecutive yrs teaching ANA Summer seminar, Numismatic Ambassador award, 1998 Doctorate in Numismatics, Glenn Smedley Award, ANA Governor 2009/2011, Author/ Host of ANA's best selling video's, courses on grading & counterfeit detection. Taught over 1,100 paying students, Secret service agents, San Diego to Boston, Anchorage to Miami, including 2 coin cruise lecturer. many Free presentations. NLG book and video awards. ANA photographer, SEM operator, ASA Appraiser, Contributor to Redbook, Numismatist, Coin World, Numismatic News, ANA Grading Guides, 40,000 Volume Library, Founder ANAAB, ICG, 1995 ANA collector services appraisal/conservation, First full service Ancient coin grading service. Navy 75-77, WIU 77-81, Dealer1981-1984, ANA 1984-1998, 60 year Collector U.S./ 50 Year Ancient coins. ANA Advisory Committee. Life member ANA, ANS. Semi-retired grader in Denver area
J.P., please consider this my substitute for clicking on a “Love” button option beneath your post.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Kinda unrelated to the topic but this morning, I found a coin (it is in a modern ANACS holder) that I lost months ago. It honestly made my day! It's a 1951 Canadian Voyageur Dollar (One of my favorite coin series) in MS63. Honestly a nicer coin than I remembered.
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
I have several of them (Anacs) - attractive coins very nice for the grade.
As far as TPG politics leave that to others.
I will second Mark's thought and put this up as a POTY candidate. It's still early, but the thoughts and insight are timeless ... and I'm glad this thread made it back to the front page and I didn't miss it.
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
I have a few coins graded by ANACS.