How do you rate ANACS as a 3rd pg?
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I was just wondering what the concensus on ANACS was, Personally I think they are pretty conservative. Actually I don't think I have ever seen one in a 66-67 holder? has anyone would be interesting to see one if anybody has a picture of one.
putting together a MS 60 and up Morgan set....60% complete...otlher 40% probably take the rest of the decade!
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Personally, I think they do a good job grading and I like that they do "net grading". However, I HATE those rinky dink slabs that they use.
And you're right, MS67 is a grade that I almost never see given by ANACS.
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<< <i>Does anyone know how you can tell if ANACS has net graded something? Is it noted on the slab? >>
It will look like this:
There's a reason you don't, it's because most people don't submit coins in those grades to ANACS...
As with most free markets, prices realized is the strongest indicator of any 3rd party graders credibility within the marketplace. ANACS graded coins will typically trade at a significant discount (grade for grade) to PCGS graded coins in the vast majority of cases, and at times are virtually untradable depending on the grade and series.
While many feel they are credible and consistent as far as circulated and problem coins go, their standing in the marketplace is a distant 3rd for high grade material as auction and private sale prices realized clearly demonstrates.
Jerry
One of my favorite ANACS graded coins in my collection is a 1944-S/S Walker in MS65. I had never seen an S over S before for a 1944-S half plus this one is so nice and flashy.
FrederickCoinClub
Cameron Kiefer
<< <i><<<Actually I don't think I have ever seen one in a 66-67 holder>>>
There's a reason you don't, it's because most people don't submit coins in those grades to ANACS...
As with most free markets, prices realized is the strongest indicator of any 3rd party graders credibility within the marketplace. ANACS graded coins will typically trade at a significant discount (grade for grade) to PCGS graded coins in the vast majority of cases, and at times are virtually untradable depending on the grade and series.
While many feel they are credible and consistent as far as circulated and problem coins go, their standing in the marketplace is a distant 3rd for high grade material as auction and private sale prices realized clearly demonstrates. >>
who is this women with castro? She looks like grandmah Sally Fields!
<< <i>I am liking ANACS more and more. I actually just sent a submission in this week to them.
Cameron Kiefer >>
for what? and how much do they charge Cameinhooffer?
their site
Cameron Kiefer
They seem to grade all mint state coins the way PCGS grades just CC dates (allows way too many marks), and they call coins with no marks mint state 61 or 62 even though all the frost has been rubbed off Liberty's cheek (that's AU58 to PCGS). They overgrade circulated coins by at least one grade on a regular basis, and with tougher VAMs two grades is not uncommon.
But that's just my experience.
You can't beat the turnaround, and they do a fine job. You can't beat that 5 day service for the price. I submit almost all my circ. and lower grade ms material to these guys, and they do an EXCELLENT job.
It's too bad the market perception is down on these guys because for resell, you simply can't send them any better unc. material and expect to get the same monies as pcgs and ngc slabbed coins.
I liken that situation to pcgs moderns vs. ngc moderns. There's a difference in prices realized, deserving or not.
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<< <i>Based on the comments so far, ANACS needs to step up their marketing campaign in order to boost quality perception, and they can start by ditching those dinky slabs with the typewriter font. >>
Oddly enough, I like their dinky slabs.
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Oddly enough, I like their dinky slabs. >>
What about the typewriter font?
<< <i>Oddly enough, I like their dinky slabs. >>
What about the typewriter font?
I don't mind it at all. I'm indifferent on font styles on slabs, as long as they are easily readable.
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How that 09-VDB DDO come out
But they should bag NET grading. It's bogus, and taint's their reputation.
Dave
there are some interesting replies so far on both sides of the discussion. the one above is rather interesting considering that just before it, the following was stated:
<<<Actually I don't think I have ever seen one in a 66-67 holder>>>
There's a reason you don't, it's because most people don't submit coins in those grades to ANACS...
in other words, ANACS is third rate because noone submits high grade material to them in order for us to see it in auctions which would help their status as one of the top services?? have i missed something??
actually, ANACS probably has high grade material submitted to them but it's either graded a bit more conservatively or it's just not seen at the auctions because it's crossed to one of the big two. they certainly fill a much needed niche for many collectors with the services they offer. funny, NGC seems to be copying ANACS with designations and other things while not copying PCGS. can it be that imitation really is the sincerest form of flattery??
some of the responses thus far only enhance my belief that PCGS sets the mark when it comes to grading. they are who most collectors tend to imitate or pattern their individual grade assigning after. if the same coin is holdered by each of the major services and in turn showed to collectors, the tendency is to believe PCGS has graded the coin properly. in reality, do any of us know what the proper grade is?? we assume we do because PCGS teaches us how to grade. funny, ANACS has been doing it longer and NGC chooses to follow them in certain areas while PCGS stubbornly refuses to change almost anything.
i don't know much, but i do know that progress is achieved through change. perhaps that's why at shows over the last few year there has been a growing preponderance of NGC holdered coins, a shift in market share. JMHO, but PCGS needs to quit giving us lip service and start giving us more flexibility in what they'll holder and how they'll do certain things.
al h.
Is anyone planning a submission and willing to send mine along with?
(I pay for my share of course, and shipping it back to me).
Ron
PS...I live in the Seattle area if anyone local is planning it.
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Bochiman, I'm in the process of putting together a submission. It's going to go the 'slow-boat' rate though.
I think that's about 10 bucks a coin. I have no idea how long it will take. No problem including your coin if you don't mind the time frame....
Paul
Pass the Kool-Aid!!!!!
TPN
<< <i>I've never heard of any counterfeits being slabbed >>
anacs, just like EVERY other 3pg, HAS inadvertently certified counterfeit coins. but like any reliable 3pg would do, they buy back mistakes.
<< <i><<<Actually I don't think I have ever seen one in a 66-67 holder>>>
There's a reason you don't, it's because most people don't submit coins in those grades to ANACS >>
i disagree. i suspect MANY coins in those grades have been submitted (perhaps inadvertently) to anacs. but you can bet your booty that a coin that comes back ms-68 in a anacs holder will be instantly be cracked out & on it's way to pcgs or ngc.
K S
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Louis
Within the realm of PCGS, NGC, and ANACS..I don't think one service's graders is any better or any worse than the other's I think they all have the same doses of missed calls and periods of inconsistency.
<< <i>Within the realm of PCGS, NGC, and ANACS..I don't think one service's graders is any better or any worse than the other's I think they all have the same doses of missed calls and periods of inconsistency. >>
Someone has managed to refrain from drinking the kool-aid.
For the most part, I agree. There may be some differences with high mint state coins, but otherwise, all are roughly equally consistent, from the coins I've seen and the opinions I've heard, relative to their own standard. While most here are on the PCGS bandwagon, PCGS doesn't necessarily grade the most *accurately* relative to the common standards, but the market opinion is that they are the most conservative (which isn't necessarily a good thing). NGC, for example, may be slightly looser on high mint state grades and slightly looser with the AU-58 grade, especially for gold (I've seen far more marginal 58s in NGC plastic than PCGS, for example). But elsewhere, I see little difference...and who's to say grading by NGC or ANACS is wrong? They are just as consistent as PCGS, and *maybe* their standards are closer to the common published ones -- I don't know, but they could be.
It's also a fact of life that the opinion of PCGS being the most "conservative" is exacerbated by all the crackouts of NGC, ANACS and other solid-for-the-grade slabs into PCGS plastic. NGC and ANACS coins that can cross are often sent to PCGS, so market perception becomes a self-fulfilling prophecy. If everyone suddenly decided to crack out their solid-for-the-grade PCGS coins to crossover to NGC or ANACS at the same grade, the latter two would look more conservative, too.
There are good coins for the grade and bad coins for the grade in all holders.
<< <i> Personally, I think that ANACS is every bit as good as the Big Two, but they have not done nearly as well marketing themselves and have let the Big Two get an insurmountable lead in market share. >>
Yep. And it's not just market share -- it's *mind* share -- perception becomes reality. The common perception of ANACS is as "the best of the rest," whereas for most types of coins in most typical grades, I think it's every bit the equal of PCGS and NGC.
My biggest beef. The size of their slabs sometimes varies quite a bit. About 5% to 10% are significantly larger tan the rest. I wish ANACS would solve that problem.
<< <i>My biggest beef. The size of their slabs sometimes varies quite a bit. About 5% to 10% are significantly larger tan the rest. I wish ANACS would solve that problem. >>
They did. The smaller sized slabs stopped a few years ago and the larger size are the current ones they use. Both are still out in the market and thats why you notice the difference. same with NGC and PCGS various types of slabs.
Cameron Kiefer
<< <i>ANACS is a great way to buy rare date type coins you'd rather have in an album with the rest of your set. You get properly-graded stuff and don't pay the PCGS/NGC premium. >>
Amen !!