The journey of two anacs coins.
Placid
Posts: 11,299 ✭✭✭
Coin one is a trade dollar bought in a internet auction graded ms-60 by anacs.
When I first got this coin it looked cleaned to me but I am no expert grader so I sent the coin first to ngc with a couple of other coins I was sending to them.
The coin came came as dnc cleaned.
A couple of months later I decided to send it to pcgs with some coins I was sending to them.
The coin came back again as dnc cleaned.
Coin two is a 1896 morgan dollar I also bought in a internet auction graded ms-64 by anacs.
I sent this coin to pcgs as a crossover and it came back dnc thumbed.
I cracked it out and sent it to pcgs again raw this time and it came back in a body bag as cleaned/wizzed.
I set aside the two coins saving up all my rejected coins until I finished my collection and sent them to anacs expecting both coins to coin back marked as problem coins.
Today I got these two coins back, the trade dollar no change in grade and the morgan ms-65.
I do belive while anacs is often refered to as number three in order of grading services there is a very large gap at the present time.
To the new people starting out be very careful buying anacs coins in auctions from heritage or whoever else sells them.
When I first got this coin it looked cleaned to me but I am no expert grader so I sent the coin first to ngc with a couple of other coins I was sending to them.
The coin came came as dnc cleaned.
A couple of months later I decided to send it to pcgs with some coins I was sending to them.
The coin came back again as dnc cleaned.
Coin two is a 1896 morgan dollar I also bought in a internet auction graded ms-64 by anacs.
I sent this coin to pcgs as a crossover and it came back dnc thumbed.
I cracked it out and sent it to pcgs again raw this time and it came back in a body bag as cleaned/wizzed.
I set aside the two coins saving up all my rejected coins until I finished my collection and sent them to anacs expecting both coins to coin back marked as problem coins.
Today I got these two coins back, the trade dollar no change in grade and the morgan ms-65.
I do belive while anacs is often refered to as number three in order of grading services there is a very large gap at the present time.
To the new people starting out be very careful buying anacs coins in auctions from heritage or whoever else sells them.
0
Comments
thumbed
A term used to describe a coin that has been doctored in a specific way to cover marks, hairlines, or other disturbances. Often associated with silver dollars, it actually is used on many issues, mainly business strikes. The thumb is rubbed lightly over the disturbances, and the oils in the skin help to disguise any problems.
TBT
I think ANACS is much harder on moderns then any of the other services though, especially proofs.
IMHO.
Michael
<< <i>Coin one is a trade dollar ... graded ms-60 by anacs ... it looked cleaned to me >>
that would make sense, since a cleaned coin ought to only grade ms-60 tops. i don't understand the point your making here. what would you grade would you expect w/ a slightly cleaned unc trade-dollar? the stupidity is w/ the other services not grading it, as if nobody is allowed to collect slightly cleaned coins
<< <i>Coin two is a 1896 morgan dollar I also bought in a internet auction graded ms-64 by anacs ... pcgs ... came back dnc thumbed ... pcgs again raw this time and it came back in a body bag as cleaned/wizzed. >>
again, it sounds like pcgs is the 1 that sucks! they can't tell the difference between something that's thumbed & cleaned/whizzed? if they can't tell that, what makes you think they can tell the difference between OK & questionable???
it sounds like you really came up w/ ONE, POSSIBLY questionable coin in a anacs holder, hardly justification for the comment that "there is a very large gap at the present time" between anacs & the other svcs. there are many, many MANY questionable coins in every brand of plastic
finally, 1 last question, why the heck would you be getting a 1896 dollar slabed???
K S
<< <i>that would make sense, since a cleaned coin ought to only grade ms-60. i don't understand the point your making here. what would you grade would you expect w/ a slightly cleaned unc trade-dollar? >>
How about MS6*, Net MS60 Cleaned? I didn't think the point was so hard to grasp.
<< <i>How about MS6*, Net MS60 Cleaned? I didn't think the point was so hard to grasp. >>
anacs does not guarantee "net grades", thus they were doing the guy a favor by qualifying the coin for their normal grading guarantee.
gee, pcgs & ngc are too good for that, i guess
K S
If I'm buying an ANACS coin, I want the fact that the coin has been clearly displayed on the holder. Not that I couldn't determine if the coin had been cleaned without the description.
<< <i>again, it sounds like pcgs is the 1 that sucks! they can't tell the difference between something that's thumbed & cleaned/whizzed? if they can't tell that, what makes you think they can tell the difference between OK & questionable??? >>
Dork,
If a grader sees a problem, they mark it down. Say the coin is both cleaned and thumbed? The first time the grader saw thumbing, the second time he saw cleaning first- that could explain the discrepency.
<< <i>If I'm buying an ANACS coin, I want the fact that the coin has been clearly displayed on the holder >>
uhhh, what about the other co's? when was the last time you saw ngc admit they had slabed a cleaned coin? do you honestly think none of the coins in ngc holders are cleaned? pcgs too???
<< <i>Dork, If a grader sees a problem, they mark it down. Say the coin is both cleaned and thumbed? The first time the grader saw thumbing, the second time he saw cleaning first- that could explain the discrepency. >>
hey airplanenut, you calling me a dork?
nah, never happen
K S
Experience the World through Numismatics...it's more than you can imagine.
<< <i>
<< <i>Coin one is a trade dollar ... graded ms-60 by anacs ... it looked cleaned to me >>
that would make sense, since a cleaned coin ought to only grade ms-60 tops. i don't understand the point your making here. what would you grade would you expect w/ a slightly cleaned unc trade-dollar? the stupidity is w/ the other services not grading it, as if nobody is allowed to collect slightly cleaned coins
<< <i>Coin two is a 1896 morgan dollar I also bought in a internet auction graded ms-64 by anacs ... pcgs ... came back dnc thumbed ... pcgs again raw this time and it came back in a body bag as cleaned/wizzed. >>
again, it sounds like pcgs is the 1 that sucks! they can't tell the difference between something that's thumbed & cleaned/whizzed? if they can't tell that, what makes you think they can tell the difference between OK & questionable???
it sounds like you really came up w/ ONE, POSSIBLY questionable coin in a anacs holder, hardly justification for the comment that "there is a very large gap at the present time" between anacs & the other svcs. there are many, many MANY questionable coins in every brand of plastic
finally, 1 last question, why the heck would you be getting a 1896 dollar slabed???
K S >>
Let me put it to you this way. I have only bought two anacs graded coin this past year the two that I posted about so for me that is a 100% problem coins. Granted they could have been graded 10 years ago.
I also had some raw coins I knew had problems that I sent to them with the two coins above.
One came back ms60 cleaned.
If you saw the trade dollar you could tell it was cleaned at arms length, unfortunatly I bought it from one of the heritage show auctions that didn't offer a return.
Seems to me anacs is just playing dumb in order to not have to pay for their mistake. Based on anacs grading I was buying a problem free ms-60 not a net graded ms-60.
The picture heritage had was very dark, I took the chance and got burned.
Over the past year I have purchased over 100 pcgs coins and out of 100 I have 2 that I would say have been cleaned both non ms coins.
What does the value of a coin have to do with if it gets graded right? Anacs even bumped the grade a point on the morgan. I collect coins because I like the design on it not really because it's rare or highly valuable. Actually I only buy lower price range coins because I would get really upset if I got burned on a high dollar coin and that would ruin the fun of collecting too much for me.
I don't really get bothered by cleaned coins just grading company's that make mistakes then pretend like there was none.
Here does this lightly cleaned to you?
And here is the one they graded net ms60 like the trade dollar should have been.
Buying the coin not the holder is a great idea. Unfortunatly not everyone has the free time to go look at coins in person, one of the reasons grading companys exist.
<< <i>hey airplanenut, you calling me a dork? careful, it almost sounds like your asserting that pcgs can be "inconsistent"..... by not consistently noting the same problems each time they grade a coin >>
Yes, Dork, you're a dork
<< <i>Let me put it to you this way. I have only bought two anacs graded coin this past year the two that I posted about so for me that is a 100% problem coins. Granted they could have been graded 10 years ago. >>
therein lies the problem, even in how you refer to coins. you refer to them by the plastic. sentiments echoed, BUY THE COIN
<< <i>If you saw the trade dollar you could tell it was cleaned at arms length >>
in looking at the image & from what you say, i'm not disagreeing. what i AM saying is that a lightly cleaned coin can certainly qualify for an ms-60 grade! w/out disclaimers! you will see such coins in EVERY holder. again, the stupidity is when someone refuses to grade such a coin, as if to say, THOU SHALT NOT COLLECT CLEANED COINS.
the real problem is that you violated the most basic rule of collecting coins:
do not buy coins sight-unseen
how many times have i posted on this forum that if you violate this simple rule, then sooner or later, you will get hosed? the brand plastic does not matter. i say it again, violate the most basic rule of collecting, & you will get hosed.
<< <i>Based on anacs grading I was buying a problem free ms-60 >>
again, that is a fatal mistake to make regardless of plastic or raw or anything. & again, you protect yourself by observing the basic rule.
<< <i>What does the value of a coin have to do with if it gets graded right? >>
your misunderstanding the concept of grading. value does not follow the grade, it's the other way around. the value of the coin determines the grade. anacs felt the coin should be valued at ms-60 money. what did you pay for it?
<< <i>Buying the coin not the holder is a great idea. Unfortunatly not everyone has the free time to go look at coins in person, one of the reasons grading companys exist. >>
there, you are referring to the hobby of numis-plastics. if you claim to collect coins, you must re-evaluate your priorities, where you are putting your time. if you choose to participate in numis-plastics, you must agree to accept the pitfalls & hazards of such. likewise if you choose to participate in collecting coins.
sorry you feel like you got hosed. good luck in the future!
K S
While the examples are interesting, they are anecdotal and do not mean that ANACS is a problem grading service (at least not in only one direction). Just to give some more anecdotal examples of ANACS, but going in the other direction.
An 1857 Snow-8 Flying Eagle cent graded AU-58. This coin looked like a gem to me, and it is a very rare variety. I submitted it to NGC to receive the complete varietal designation. It came back MS-63. I would have graded its MS-63 or MS-64, a beautiful coin that never should have been graded AU.
Second example. Another Flying Eagle cent that I picked up at a local coin show. ANACS XF-40. It is now NGC AU-58, again a variety so it went to NGC because I wanted the full designation and it looked like an AU-55 to me (I do grade IHCs and Flyers and sell limited 3rd party slabbed coins - PGS). So, these are just two examples where ANACS went the other way.
Again, and again and again, buy the coin - use the plastic if you have a reason too - all grading services are over rated, or under rated, well, whatever, remember, THEY ARE JUST BUSINESSES, NOTHING MORE.