What's everyone's opinion of ANACS?

Sure, its no PCGS or NGC, but from my own experience, and from reading about others, ANACS seems like a perfectly fine alternative to the pricier NGC and PCGS. Opinions? Agree? Disagree? Why?
Best,
BR
Best,
BR
0
Comments
Russ, NCNE
42/92
Outside of that? They're just simply not as well respected when it comes time to sell which, with some series, for the SELLER, is a shame.
peacockcoins
Right now, they fall in third place amongst the "knowledgable collectors" (partially tongue in cheek)...but that is one man's opinion.
ANACS is a real solid #3 grading service. For certain coins they are just good as the big guys.
They are the only game in town for problem coins.
I trust an ANACS slab without notation to not be a problem coin, so I put them pretty much on the same level as PCGS and NGC.
I've submitted 10 ANACS coins raw to PCGS and NGC , 2 came back higher, 6 the same and 2 1 point lower.
My posts viewed
since 8/1/6
<< <i>ANACS is great because its the only major grading service to slab problem coins. >>
Not true. NGC's NCS company authenticates and slabs them as well.
<< <i>
<< <i>ANACS is great because its the only major grading service to slab problem coins. >>
Not true. NGC's NCS company authenticates and slabs them as well. >>
NCS authenticates but doesn't grade them, do they????
<< <i>
<< <i>
<< <i>ANACS is great because its the only major grading service to slab problem coins. >>
Not true. NGC's NCS company authenticates and slabs them as well. >>
NCS authenticates but doesn't grade them, do they???? >>
YES, they will grade them such as EF details, scratched. They DO NOT NET GRADE. I do not like "net" grading.
<< <i>Sure, its no PCGS or NGC, but from my own experience, and from reading about others, ANACS seems like a perfectly fine alternative to the pricier NGC and PCGS. Opinions? Agree? Disagree? Why?
Best,
BR >>
It seems that you are saying that ANACS coins are cheaper to buy. On average that is true, one has only to look at the blue sheet and the auction results to see the truth of this statement. That is why you like ANACS. That is why I dont like them. If the coin is equal to an NGC or a PCGS coin in a given grade, then it should be in one of their holders. I buy ANACS sight seen, but only when I am sure that the coin will move to a top tier holder at the same grade. JMHO
I don't buy slabs. I buy coins. The coin could be an ACG for all I care. As long as the price is good, and the coin looks good for me, I'll get it. My question was because I'm looking at getting some coins slabbed and it seems like PCGS and NGC, knowing they have the market cornered, figure they can charge more and take longer to grade coins, so I was gathering feedback on everyone's opinion of ANACS. And based on that opinion, I will give ANACS my business, because they know how to cater to the customer.
Best,
BR
I also like the smaller holders. There's no need for holders to be bigger than that. They would be even better if they used clear plastic like PCGS.
I also like that my coins will get slabbed even if they have a problem.
<< <i>Unfortunately, because of ANACS' small size, they can't grade $50 slugs. Oh well, I guess I'll have to keep that box of Pan-Pac $50 commems under my bed! >>
I'd love to experience this problem.
<< <i>Eagle7,
I don't buy slabs. I buy coins. The coin could be an ACG for all I care. As long as the price is good, and the coin looks good for me, I'll get it. My question was because I'm looking at getting some coins slabbed and it seems like PCGS and NGC, knowing they have the market cornered, figure they can charge more and take longer to grade coins, so I was gathering feedback on everyone's opinion of ANACS. And based on that opinion, I will give ANACS my business, because they know how to cater to the customer.
Best,
BR >>
BR, Im sorry, I misunderstood you twice. You are shopping for cheaper plastic to store your raw coins in, not to sell them. I dont know what price ANACS charges for slabbing because I dont use them for my raw coins. I use only PCGS. The other thing I misunderstood is that I thought you asked for all opinions, either pro or con, but apparently you did not.
Regards
Mark Fitts "Eagle7"
On the other hand, I don't like NET grading. I think it's silly. What the heck does "AU Details, NET XF40" really mean? Does it mean it's worth XF money? If so, according to who? Santa Claus? Like I said, silly...
Overall, a good outfit.
Dave
Like Barry, I don't think ANACS gets the respect it deserves.
I think ANACS has tighted up their grading the past few months.
My recent comparison of submissions between ANACS and PCGS tells me that.
I like their prices, their special package deals, and their smaller slab size.
RR
<< <i>On the other hand, I don't like NET grading. I think it's silly. What the heck does "AU Details, NET XF40" really mean? Does it mean it's worth XF money? If so, according to who? Santa Claus? Like I said, silly...
Overall, a good outfit.
Dave >>
Exactly Dave. ANACS is saying that the coin is worth XF money. I too highly dislike the "net" grading and would use NCS for anything that I knew to be a "problem" coin.
Answer: 0
Dave
<< <i>On the other hand, I don't like NET grading. I think it's silly. What the heck does "AU Details, NET XF40" really mean? Does it mean it's worth XF money? >>
More or less, yes, that's what it means. And don't think that only ANACS does net grading -- PCGS and NGC do as well, they just don't call it net grading, they call it "market grading". Conceptually, there's little difference -- net grading applies to problem coins, market grading to non-problem coins. Both assign a grade based on how much the coin is worth, and not the absolute condition of the coin ("technical grading").
tom
Morgan Dollar Aficionado & Vammer
Current Set: Morgan Hit List 40 VAM Set
I also like the way ANACS and PCGS shows up at shows and has someone to not only take submissions,
but to take time and explain things to me.
Gandyjai
K S
Ken
<< <i>Goose - That's what makes it silly. How many smart folks on this board would trade an original XF Seated Half dollar for a cleaned AU example of the same date?
Answer: 0
Dave >>
To paraphase Bill Clinton, it depends how you define the word cleaned. Don't forget there's "good cleaning" (oops, I mean conserving) and "bad cleaning" and all sorts of cleaning in between.
IMO, ANACS is often overly harsh by using the word cleaned. Any kind of cleaning, they call it cleaned, and they differentiate the type of cleaning by the net grade. For example, I've seen ANACS coins graded AU-50 Cleaned, net AU; and I've seen ANACS coins AU-50 net F.
OTOH, NGC and PCGS just net grade "acceptably" cleaned coins without mentioning a technical grade, just a net grade. For example:
The picture isn't the best (short on time this morning), but this coin has XF-40 detail and is harshly cleaned. Why did PCGS grade it at all, instead of body bagging it? Obviously, the pedigree. So what did they do? They net graded it.
I'd prefer an original FINE 1892 quarter over a "well-cleaned" EXTRA FINE 1892 quarter. Call me crazy!
Dave
WS