Help with "grade-less" ANACS slab

Petescorner

I was at an in door flea market yesterday when I came across a Barber Dime in an ANACS slab with no grade on it. The information on the slab simply said:

*Genuine*
1898 10c (serial#)
Cleaned-Scratched


That's it! Since this was one of those types of "markets" where the individual booths aren't manned by the sellers. (Everything is in locked cases) I couldn't ask the seller for more information about it. Does anyone know what the deal is with this "grade-less" slab? Btw, it looked like a pretty nice coin and the price on it was $20. Any help appreciated.

tsacch

got a pic or any ?????????????

Petescorner

got a pic or any ?????????????

I wish I did, but the coin was in a locked display case and I didn't have my digital camera with me. They alternative, would have been to buy the coin for $20, the take it home and photograph it. But that is like shooting first and asking questions later.

stujoe

ANACS offers an authentication only service. You can submit a coin just to have it authenticated and not graded. That is why it says 'Genuine' on the holder. You do not see it very often because I believe it is the same price as grading which includes authentication. I think some other services offer that too bu I am not sure.

He might not have wanted the net grade that ANACS would have given it for the problems but...Why would someone bother to get an 1898 Philly Barber Dime authenticated...I have no idea!

Link to one on ebay

Edited to add link

Petescorner

Thanks, Stujoe!

DHeath

Dan,

EVP made me aware that NCS is introducing authentication/attribution/encapsulation next month in airtite sealed holders with clear inserts. I'm anxious to see how it is priced. That service would be of great interest to me for some series/coins that I intend to keep rather than resell.

darktone

That coin if MS otherwise would be net-graded by anacs usually cleaning takes them down to a net grade of AU50 and a scratch would take it down to XF or lower and the asking price of this coin is about the value of a XF coin. I do have a few common dates that have been cleaned some harsh and some not too bad if interested PM me. mike