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ANACS coin comes back AU-55(Net)

I got my 1913 soverign back from ANACS today. Just about two weeks since I sent it in. It came back in a slab saying this:

UNC DETAILS NET AU 55
1913 SOV 2602419
GR BRIT SCRATCHED

It came with a letter saying Thanks for my help with the order and everything went well.

Do they slab "problem" coins (Coins that are scratched etc) if they are counterfeit?

Comments

  • ajaanajaan Posts: 17,430 ✭✭✭✭✭
    The coin is authentic. Just damaged.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • coinnerdcoinnerd Posts: 492 ✭✭✭
    Do they slab "problem" coins (Coins that are scratched etc) if they are counterfeit?


    No.
  • trozautrozau Posts: 3,455 ✭✭✭
    trozau (troy ounce gold)


  • << <i>So what the heck was this thread about? image >>



    I was bored so I posted that. It was a stupid thing to do. Now that I tell the truth I'm sure I"ll get plenty of flames. I didn't have the guts to say on that thread that that wasn't the true case.

    PS: Does UNC details mean the details of the coin are MS-60 condition? But the scratchs brought it down to an AU-55? Is there any grade higher than AU-55 that is still in AU?
  • laurentyvanlaurentyvan Posts: 4,243 ✭✭✭
    imageimageimage

    We don't flame-just faces...
    One of the penalties for refusing to participate in politics
    is that you end up being governed by inferiors. – Plato
  • PlacidPlacid Posts: 11,299 ✭✭✭


    << <i>PS: Does UNC details mean the details of the coin are MS-60 condition? But the scratchs brought it down to an AU-55? Is there any grade higher than AU-55 that is still in AU? >>



    Yes UNC=uncirculated.
    The coin would have graded ms60 or higher if not for the scratch. No way to know how many points anacs deducted for the scratch other than at least 5.
  • MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭
    Lesson learned. No more mechanical devices applied to the surfaces of a coin, eh.

    For your pinpoint copper spot, there are potential "unharmful" methods to "remove" the spot(s). However, they are usually only temporary, as NCS would tell you.

    Also, if you happen to make some good "scratch" some day....money, that is, not on another coin, don't go dipping any nice unc or AU gold which has a very subtle olive or green, or light reddish tint over the surfaces!! image You DON'T WANT TO MAKE IT BRIGHT! Those colours are from the oxidation of the copper alloy in the coin and true collectors desire this natural patina. In fact, don't dip anything.
  • wybritwybrit Posts: 6,967 ✭✭✭
    I was bored so I posted that.

    Have you ever read "The Boy Who Cried Wolf?"
    Former owner, Cambridge Gate collection.


  • << <i>Lesson learned. No more mechanical devices applied to the surfaces of a coin, eh.

    For your pinpoint copper spot, there are potential "unharmful" methods to "remove" the spot(s). However, they are usually only temporary, as NCS would tell you.

    Also, if you happen to make some good "scratch" some day....money, that is, not on another coin, don't go dipping any nice unc or AU gold which has a very subtle olive or green, or light reddish tint over the surfaces!! image You DON'T WANT TO MAKE IT BRIGHT! Those colours are from the oxidation of the copper alloy in the coin and true collectors desire this natural patina. In fact, don't dip anything. >>



    Thanks Mac. It is certified now, so that must add some value to it. How much do you think the scratch would deduct (value wise) of a similiar one in AU 55 condition?


  • << <i>I was bored so I posted that.

    Have you ever read "The Boy Who Cried Wolf?" >>




    It was a dumb mistake, wybrit. Move on and don't worry about it ...
  • PlacidPlacid Posts: 11,299 ✭✭✭
    None. Thats what net means it is equal in value in anacs opinion as a problem free coin in au55.

    I have often seen net graded coins sell for more than a problem free coin of the same grade but those are usually really rare coins.
  • lordmarcovanlordmarcovan Posts: 43,627 ✭✭✭✭✭
    I'm surprised you got that good a grade. Sounds like they cut you some slack.

    Edit: if the AU55 grade you mentioned is factual.

    The net grade of VF sounds more believable to me.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • Roy


    image


  • << <i>I was bored so I posted that.

    It was a dumb mistake >>

    Well it's established that a lie has been told - the question now is - which timeimage

    Roy


    image
  • 291fifth291fifth Posts: 24,417 ✭✭✭✭✭
    ANACS doesn't slab counterfeits. Your coin has been net graded...far better than a bodybag in my way of thinking.
    All glory is fleeting.


  • << <i>

    << <i>I was bored so I posted that.

    It was a dumb mistake >>

    Well it's established that a lie has been told - the question now is - which timeimage >>



    What time for what?
  • Conder101Conder101 Posts: 10,536


    << <i>Thanks Mac. It is certified now, so that must add some value to it. >>


    Not really. British sovereigns are basicly bullion coins with value dependant on the metal market. Certified bullion coins that aren't in the stratospheric grade levels are still just bullion coins.
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