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There's an unusually large number of ANACS graded coins in the Heritage Internet Auction...

Is ANACS becoming more popular?

I think they're great for early copper. Are they becoming the service of choice for more and more collectors?

Dan

Comments

  • RGLRGL Posts: 3,784
    May be the byproduct of collectors and dealers in search of a flip profit, faster grading and ANACS' wonderful ability to attribute ...
  • foodudefoodude Posts: 3,568 ✭✭✭
    Maybe they had some couponsimage
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • jomjom Posts: 3,440 ✭✭✭✭✭
    Heritage usually has a HUGE list of NGC coins...especially for early 20th Century gold.....

    jom
  • Heritage sends most of their investment grade coins to NGC in the first place. And since PCGS is undoubtedly having "customer service issues", I'll bet the coins that Heritage would usually send to PCGS are going to NGC, who will actually get the coins graded in the time they say they will.
  • 291fifth291fifth Posts: 24,323 ✭✭✭✭✭
    Collector acceptance of ANACS coins has been growing steadily over the past year and a half. ANACS has tightened its grading standards and has always been known as excellent when it comes to authentication. The lower grading fee and fast turnaround for regular service are also a big plus.

    A problem still remains when it comes to the big name dealers. They bad-mouth ANACS relentlessly as their pitch to their investor clients has always been to buy PCGS and NGC only. I ran into this at last November's Michigan State show. I offered two beautiful red Indians, both very solid in the assigned grade, to a big name dealer. He said that he didn't think he could get them to cross refused to make an offer. I suspect he was just trying to get me to quote him a givaway price. I had also shown him a CN Indian in an ANACS holder that was clearly a PQ coin for the grade. He made an insultingly low offer on that one. I took the coins back and left his table...for good!

    All glory is fleeting.
  • ManorcourtmanManorcourtman Posts: 8,010 ✭✭✭✭✭
    Of my last two submissions I had 4 ANACS crackouts and of them two were upgraded by PCGS and two stayed the same. I am buying more and more ANACS slabs these days. BTW they were Lincolns and Jeffersons.
  • I also have bought more ANACS latley too. They do a great job on Bust Halves and also list Overton varieties which PCGS will not.
    Bill.

    Bust Half & FSB Merc Collector
  • BarryBarry Posts: 10,100 ✭✭✭
    My last two submissions went to ANACS. 5 day service at $15/coin. Accurate grading, attributions. Hard to beat.
  • Using ANACS for buying or selling lower end coins, or problem coins is fine....... But when it comes to high dollar, or rare coins, in my opinion you should stick with PCGS, or NGC...... In all circumstances you will do better if you should ever decide to liquidate your collection for some reason.image
  • I think Heritage may be sending a lot of raw stuff they might get to ANACS. I won a couple circulated CC dollars in an auction a couple weeks back that had very 'recent" ANACS serial numbers on them...

    I like ANACS
  • dbldie55dbldie55 Posts: 7,731 ✭✭✭✭✭
    ANACS is running at about a 20% rate of getting the variety designation correct for me. I will not rely on their abilities any longer. They are fine when I tell them what the variety is though.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • seanqseanq Posts: 8,645 ✭✭✭✭✭
    Just browsing around, not all of their ANACS coins are in new holders. This Proof 1939 cent is in about the oldest ANACS holder I've ever seen, and they have a 1938 in a holder consecutively numbered with this one.

    I was kind of hoping they would have more variety stuff with all those ANACS coins... maybe next time.


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor

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