FYI-- the anx net grade slabs in the james taylor era at anx/i think he will make anx one of the top
michael
Posts: 9,524 ✭✭✭
James Taylor responds to a prior item:
ANACS has changed its policy regarding net grade. In the past, ANACS would list on the holder a “detail grade”, the problem or problems the coin had and then a “net grade.” Henceforth our policy is to simply provide the “detail grade” and the coin’s single most significant problem. However, for those who request it, we will also provide a “net grade.”
Since becoming president of ANACS, I have been in a listening mode. My decision—and it is my decision and no one else’s--is based upon three factors. Having two grades on the label often complicated the transaction. Do you buy (or sell) the coin at the detail grade, the net grade or somewhere in the middle? Secondly, there are no accepted nor published standards for net grading, which makes net grades far more subjective than they should be, especially if they are factored into the coin’s price. Finally, since we discontinued net grading coins, I have been told by our graders that they can grade problem coins three to four times faster. This is important as we try to return coins to our customers as quickly as possible.
I knew when the decision was made that not everyone would agree with it (Duh!). This is why we will continue offering net grading when requested. I need to also point out that this is just one of a number of even more significant changes that ANACS will soon be announcing. Meanwhile, I invite any one who feels so inclined to contact me with your comments. You can call me at 800-888-1861 X2016 or reach me online at James.Taylor@ANACS.com.
ANACS has changed its policy regarding net grade. In the past, ANACS would list on the holder a “detail grade”, the problem or problems the coin had and then a “net grade.” Henceforth our policy is to simply provide the “detail grade” and the coin’s single most significant problem. However, for those who request it, we will also provide a “net grade.”
Since becoming president of ANACS, I have been in a listening mode. My decision—and it is my decision and no one else’s--is based upon three factors. Having two grades on the label often complicated the transaction. Do you buy (or sell) the coin at the detail grade, the net grade or somewhere in the middle? Secondly, there are no accepted nor published standards for net grading, which makes net grades far more subjective than they should be, especially if they are factored into the coin’s price. Finally, since we discontinued net grading coins, I have been told by our graders that they can grade problem coins three to four times faster. This is important as we try to return coins to our customers as quickly as possible.
I knew when the decision was made that not everyone would agree with it (Duh!). This is why we will continue offering net grading when requested. I need to also point out that this is just one of a number of even more significant changes that ANACS will soon be announcing. Meanwhile, I invite any one who feels so inclined to contact me with your comments. You can call me at 800-888-1861 X2016 or reach me online at James.Taylor@ANACS.com.
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Comments
On what do you base your opinion?
I think it should happen, too, and hope it does, as I have a lot of ANACS slabs. There's so much overgraded stuff coming out of NGC lately. Hopefully, JT learns from his mistakes and "70 fever" won't happen. That will be the kiss of death for ANACS, as it was for ICG.