For all who think ANACS is a good grading firm
loanshark
Posts: 286
In my hurry to complete my Morgan set I purchased a few semi-keys in "other" slabs with the intent to re-certify them in NGC holders to more match my set.
I sent in 2 ANACS slabs and one NTC to cross over in NGC slabs. My big worry was the NTC not getting crossed. Much to my surprise the ANACS slabs came back stating they could not cross at the same grade due to "wear". The NTC slab is now in a NGC slab.
Glad I didn't crack them out first.
Loan Shark
I sent in 2 ANACS slabs and one NTC to cross over in NGC slabs. My big worry was the NTC not getting crossed. Much to my surprise the ANACS slabs came back stating they could not cross at the same grade due to "wear". The NTC slab is now in a NGC slab.
Glad I didn't crack them out first.
Loan Shark
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Loan Shark.
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Russ, NCNE
Loan Shark
k6az@k6az.com
Experience the World through Numismatics...it's more than you can imagine.
Loan Shark
From personal experience, it can be much more difficult to see a coin in a slab than raw. If the coin is close on a crossover, it likely won't cross, as the service then has to deal with, for example, a possible rim problem obscured by the holder. While there may be no bias of who's slab is being crossed, remember that the new company is responsible for the coin with their guaranty... that makes it harder to cross, rather than to crack and cross.
Jeremy
Loan Shark
hey Loan Shark
all the grading companies undergrade, overgrade and hit the bullseye. it's up to us to pick out the first and last while trying to avoid the middle. perhaps in your hurry to complete the set you missed something.
al h.
<< <i>In my hurry to complete my Morgan set >>
I think this says it right here. Sometimes patience pays off. I wouldn't blame a slabbing company for your anxiousness (is that a word?). It can happen to anyone with any company. Don't sweat it.
BTW I happen to like ANACS a lot. I think luster counts big time in their grades on MS Morgans. I like luster!
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
proof like that is about as definitive as it gets, ain't it.
sheesh.
K S
ANACS is a great grading firm- all the good grading services have a few coins that are under/overgraded. For all we know NGC is the one that made the mistake? I guess in the ends it up you to decide. In the future just buy an NGC graded coin and be done with it unless of course you are buying ANACS coins cheap in hopes of crossing at the same grade or better to make a profit- then I would consider you a crackout artist and not a very good one.
Lincolns . .
1909-S VDB was ANACS 64 RD, now PCGS 64 RD
1914-D was ANACS VF35, now PCGS XF40
1922 (St. Rev.) was ANACS VF35, now PCGS XF40
Admittedly . . they were older ANACS slabs.
DRUNNER
I’m not surprised that you purchased ANACS slabs that NGC would not cross. But I can tell you that I have seen PCGS slabs, which were inaccurately graded, that NGC would not have crossed over. ANACS is not alone in this.
None of the services are perfect when it comes to grading. That’s just a fact of life.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
<< <i>I’m not surprised that you purchased ANACS slabs that NGC would not cross. But I can tell you that I have seen PCGS slabs, which were inaccurately graded, that NGC would not have crossed over. ANACS is not alone in this. >>
I agree completely. And the other thing is, most of the "clunkers" that won't cross remain in NGC or ANACS plastic because the properly graded ones get crossed over to PCGS. Not many people take properly graded PCGS coins and cross them to NGC or ANACS. This skews the perception the marketplace has of the grading services, and makes PCGS look much more conservative relative to the other services than they really are.
I've generally not seen much more overgraded ANACS junk than with PCGS or NGC.
1. ANACS is a great company that doesn't get the overall respect it arguably deserves.
2. ANACS is pretty good on MS Morgans
3. ANACS may be a bit liberal at times on VF and EF Morgans compared to PCGS or NGC. Not to imply that ANACS is necessarily wrong ( I think they grade pretty close to the ANA standard). You gotta weigh the merit of the coin yourself.
<< <i>Not many people take properly graded PCGS coins and cross them to NGC or ANACS. This skews the perception the marketplace has of the grading services, >>
Exactly. The old "snow ball" effect where once there is the perception that somehow PCGS is stricter (not necessarily better) then the PCGS graded coin can bring more money. Once that is in effect all the correctly graded ANACS (and sometimes NGC) coins get reslabbed at PCGS. This leaves much of the overgraded coins in the ANACS slab which gives them the bad reputation...which in turn lowers the value of their coins relative to PCGS and the cycle continues.
I'd also like to point out the "best" grading service isn't the one who grades on a more strict scale, it is the one that is MOST CONSISTANT with whatever scale they use.
jom