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For all who think ANACS is a good grading firm

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

Comments

  • Were the ANACS slabs 'net graded' ?
  • Yes. Good people.
  • No, the slabs were not net graded

    Loan Shark.
  • ManorcourtmanManorcourtman Posts: 8,024 ✭✭✭✭✭
    My ANACS Morgans have crossed 2 out of 2 times.....
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    How about posting pictures and letting us see what we think?
  • wam98wam98 Posts: 2,685
    I've seen a lot of overgraded ANACS Morgans also IMHO. Even in the net grades too. image
    Wayne
    ******
  • RussRuss Posts: 48,514 ✭✭✭
    I've done a couple dozen ANACS that are now in PCGS holders all at the same grade or a point higher.

    Russ, NCNE
  • Don't know how to post pictures. That's the wifes job and she is not here. All three of the slabs were XF-40. I can maybe see why one didn't cross but not the other one. Looks like a mirror image of the NTC coin.

    Loan Shark
  • darktonedarktone Posts: 8,437 ✭✭✭
    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 oneimage. mike
  • K6AZK6AZ Posts: 9,295
    If you want to send the pictures to me, I'll post them for you.

    k6az@k6az.com
  • coinkatcoinkat Posts: 23,090 ✭✭✭✭✭
    ANACS is decent... they make mistakes just like everyone else...

    Experience the World through Numismatics...it's more than you can imagine.

  • Not good enough on grading with Ebay pictures to be a crackout artist. Just want to complete the set. One of the coins came from David Lawrence.

    Loan Shark
  • I have very little luck with the coin in the plastic. I crack them out to submit. Much better results.
    Just having fun.
  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    Loanshark,

    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
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • Thanks for all the good advice. I will try to remember all this next time I send cross overs in. I just hate that I might send one in and get a no grade.

    Loan Shark
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    In my hurry

    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.image
  • anablepanablep Posts: 5,097 ✭✭✭✭✭


    << <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. image

    BTW I happen to like ANACS a lot. I think luster counts big time in their grades on MS Morgans. I like luster!
    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    yep, you've proved beyond a shadow of a doubt that anacs is crap, because by golly, you found 2 whole examples out of 100s of 1000s where somebody had a different OPINION than them.

    proof like that is about as definitive as it gets, ain't it.

    sheesh.

    K S
  • Dukie101Dukie101 Posts: 1,313


    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.


    image
    Larry
  • DRUNNERDRUNNER Posts: 3,844 ✭✭✭✭✭
    I posted about 10 days ago on a related thread . . .

    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
  • rlawsharlawsha Posts: 1,033 ✭✭✭
    I crossed one ANACS coin to PCGS. It was a Morgan that was in a MS66 ANACS holder. It crossed to a MS66 PCGS holder. When you buy a slabbed coin, don't forget to actually look at the coin. It pays to learn a series and know what grade it is without looking at the holder. At least come close anyway.
  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭
    Your complaint gets back to the fact that you need to know how to grade coins in order to buy coins with the idea of not getting ripped off. The alternative is to buy from honest dealers who know how to grade coins who will guide you toward the right pieces.

    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.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • What dorkkarl said!
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <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.
  • Man I hate to get into this argument. My personal observation from only a small sampling...

    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.
  • jomjom Posts: 3,441 ✭✭✭✭✭


    << <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
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    JOM couldn't have said it better. The exact same statistics can be used to justify almost any opinion.



    Buyer and seller of vintage coin boards!

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