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Even Graders Dont know AT from Real

Just venting a little. I had bought a bunch of unopened 1964 proof sets and one set had very nicely toned coins. I sent the nickel that was toned and a Kennedy that was this deep purple toned on both sides. The proof set was cracked all over and when I cut the individual coins the Kennedy had a rip in the side of the cello. I sent it in the cello and the Kennedy even had a bit of cello on his head that I figured they would blow off. Call for my grades and the Nickel is fine (PR 68 5.5 steps) but they AT'd the Kennedy. Really T's me off. It was such a cool coin too. A grader said I could have just slid any coin in the cello because it was partially opened from being cracked.

So I am just upset. It was completely sealed. It was not AT. I am sure no one will touch the coin if I sent it to another company to grade it. I used ANACS.

Venting done, now back to your regularly scheduled program.

Lori image

PS. This one was also AT'd

image

11 coins sent 3 turned up AT.

Comments

  • MadMonkMadMonk Posts: 3,743
    Keep it, you know it's genuine. Put it in a good non-reactive holder. The gods are sometimes crazy!
    Today's mighty oak is just yesterday's nut that held its ground.
  • K6AZK6AZ Posts: 9,295
    Lori, ANACS is very tough on toned coins. I would try the nickel at PCGS. As far as your SAE, that is obviously AT. BB's are just something you have to live with when submitting. I got my grades from PCGS yesterday, and they BB two of my Morgans for "artificial color".
  • K6AZK6AZ Posts: 9,295
    I meant to say send both the nickel and the half to PCGS. If those came out of a proof set, your chances are good they will grade.
  • The nickel did grade. It was also left in the cello. I am not willing to spend the money to have pcgs look at them raw and possible AT them. I left them in the cello so it would be obvious they could not be AT. Guess that does not matter.

    Live and Learn.

    Lori
  • K6AZK6AZ Posts: 9,295
    OK, I understand. And with those coins, you are probably right about not wanting to spend more money on them. You may want to keep this in mind about ANACS grading of toned coins. I have cracked out many toned ANACS Morgans and sent them both to PCGS and NGC and have never got a BB for AT. For whatever reason, ANACS coins go cheap, and I have picked up many bargains in their holders.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Lori, ANACS is very tough on toned coins. >>



    K6AZ,

    Not according to Dragon as posted in my thread about my ANACS graded purple Morgan.

    I'd appreciate your comments on that coin.image

    Lori,

    I feel your pain. My first body bag was a golden toned proof Kennedy that came directly out of the set and in to PCGS. I've seen several just like it slabbed by them. The next time I encountered some wild toning in a '64 set, I called PCGS in advance and filled them in on the origin of the coins. Those were graded.

    Russ, NCNE
  • dragondragon Posts: 4,548 ✭✭
    As I've said in another thread regarding one of Russ's toned coins, ANACS is not the sharpest knife in the drawer when it comes to high grade or toned coins. I've seen a few awful AT'd pieces in ANACS holders that were not noted as such. With very few exceptions, ANACS graded coins trade at a significant discount to PCGS ones, and for good reason.

    Regardless of cost or turnaround times, I can see no reason to send coins to ANACS, especially toned pieces.

    dragon
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    lori, i love that coin.

    cannot say whether a-t or not, since i do not have experience w/ the intended environment.

    but m-a (mkt acceptable), no doubt about it, EXTREMELY m-a

    K S
  • MadMonkMadMonk Posts: 3,743
    I have never, nor will I ever, send a coin to ANACS for grading. I have bought some ANACS graded coins, and they were solid for the grade, but it's very rare. They do however, have thier place because of some of thier services .
    Today's mighty oak is just yesterday's nut that held its ground.
  • Well I upgraded to a gold membership yesterday and plan to sent all my coins to pcgs from now on.

    I needed to vent and feel better now.

    Lori image
  • K6AZK6AZ Posts: 9,295
    Russ, it is hard to tell on the one you posted without actually seeing it. All I can go on is my experience, and I have yet to have PCGS or NGC BB any toned Morgans I broke out of ANACS holders. I have three more toned coins at NGC right now that were in ANACS holders, and those three are no question naturally toned coins. Part of my success may be that I usually stay away from really bizarre or outrageously toned stuff.
  • FrattLawFrattLaw Posts: 3,290 ✭✭
    I have used ANACS quite a bit and like them. They have BBed coins I have sent due to questionable toning. I have crossed several ANACS Peace $ to NGC @ the same grade. I think they are a fine service, especially for the price and turnaround when they run a special.

    ANACS in my opinion is tough on their grading. I believe they use microscopes during the process. And I believe they are brutal on modern proofs.

    I agree with K6AZ, many bargains can be had in ANACS slabs.

    Michael
  • sinin1sinin1 Posts: 7,500
    Lori, if you plan on sending all your coins to PCGS from now on, expect alot more bodybags. All of your ANACS net grades become bodybags. You also like buying colorful coins and you must realize that some of these coins are maybe coins - maybe this day they will slab, maybe not.

    I just got a coin that was very suspicious and off a poor scan, I decided to send it back because it had been harshly cleaned under the toning - I stalled a couple days because I was expecting a batch of coins from ICG that had one coin from this seller that I thought looked good. It was slabbed but looking at it now I think it was AT because it has a "reverse" fingerprint - Most toning looks darker on the fingerprint and this one was lighter -> a reverse like it had a coat of fresh paint and someone stuck their thumb in it and took away a good chunk of 'new' toning.

    If the whole was big enough that the half could slide out of the cello, how do you KNOW a previous owner did not do just that? Even if the hole was smaller does not mean a enterprising bbycoin type could not add chemical color does it?
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    I'll buy any ANACS bargains. Especially high grade gold. I agree with most of their grades and consider the NET grade to be a good service for what it is intended. Of course, my real interest is in older pre 1808 mid grades.

    Grading should not be a hurdle. It should be a service.

    My opinion only.

    Their opinions at shows are invaluable in comparison to the "hand em over, pay and wait" policies of others.
  • That is weird, No excuse. image
    Glenn

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