POLL: ANACS <, =, or > than PCGS

CoinOnTheCob

I am really curious about this. If you are looking at a coin encapsulated in an ANACS slab, would you automatically deduct a grade or two?

(In other words, if the coin in an ANACS slab was MS-65, would your top money be MS-64 or MS-63?)

In another thread I stated that ANACS wasn’t as good in some people’s estimation. I’m curious by how much. I'd also be very interested in why.

tmot99

You can see my results in this thread.. The 3 coins that crossed were 3 ANACS coins and they crossed at same grade. The other two were NGC slabs.

p8nt

It depends on what specifically you are comparing about them.

PCGS is way better for resale.
ANACS is comparable for grading.

And the list could go on.

vega1

Depends entirely on the criteria you consider (grading, resale value, slab quality, etc.)

relayer

BECOKA

In general Every ANACS coin I have sumbitted has crossed directly to PCGS. I have had 1 out of 10 NGC coins cross. So I would have to say ANACS by experience is pretty darn close to PCGS when I comes to grading gold.

DNADave

Small holders from a year ago....Equal to PCGS in grading/better to buy because of the percieved difference in the value of the plastic.

Large new holders/new ownership....Still anybody's guess IMHO.

coinkat

I did not vote but felt compelled to comment. The sad reality is that it depends on which series that is being considered. There is no simple way of saying it is one or the other... look at coins and learn what works and what doesn't in terms of grading.

ziggy29

For the most part, ANACS is underrated by the marketplace. I don't know that I'd say they are unequivocally the "equal" of PCGS, but if they're not, they are a LOT closer than the marketplace gives them credit for.

Don't forget how the crackout game influenced by market opinion affects populations of lousy-for-the-grade coins. If you keep that in mind, they just *might* just about on par with PCGS.

Though it always does depend on the grade range of the coins and the particular series, as all TPGs differ a little on standards. ANACS is notoriously brutal on moderns, for example, and was even before PCGS decided to get really tight there as well.

CoinOnTheCob

I was too general. I’m not asking which you think has more credibility with the public. I’m wondering if their grading standards are comparable.

Tmott had two out of five coins that didn’t cross. BECOKA says that they are comparable in gold. Thanks, both of you.

I will assume that those who voted that ANACS is better than PCGS just wanted to see the results.

CoinOnTheCob

Ziggy,
Your post is awesomely informative. Thanks

fcloud

The hand full of coins I sent in that were ANACS, seemed to be about the same to a bit better. Most coins stayed the same, one down grade, and a few upgrades.

ziggy29

<< <i>I will assume that those who voted that ANACS is better than PCGS just wanted to see the results. >>

As has been stated before, "better" means different things to different people.

Some people think a TPG is "best" if, for any given grade, their slabs bring top dollar. But if there was a service with equal consistency to PCGS which ALWAYS graded a coin one grade lower than PCGS, whose coins would eventually fetch top dollar at any given grade?

Some think a TPG is best if they are the tightest. See above.

Some think a TPG is best if they are usually the closest to the grade according to established standards.

Some think a TPG is best if they are the most consistent.

[Edit to add: And some people might think that all else being equal, ANACS has superior customer service.]

CoinOnTheCob

10-4

seateddime

when was the last time you cracked out a pcgs coin to submit it to anacs?

DNADave

<< <i>when was the last time you cracked out a pcgs coin to submit it to anacs? >>



Not too long ago I crossed a PCGS 1806 half to ANACS....Looked much better in the ANACS slab.

ziggy29

<< <i>when was the last time you cracked out a pcgs coin to submit it to anacs? >>

That doesn't make PCGS better. It makes PCGS's market perception better.

While I'm not claiming the comparison is equivalent, don't forget that the market chose VHS over Beta, too.

Burks

If you are buying, ANACS. They sell for less then PCGS.

If you are selling, PCGS. Carry a premium.

When I do submit some coins, it will be with ANACS. Cheaper and there are no plans on selling my coins. From what I've seen, they are pretty much like PCGS.

mozin

For Bust Series, PCGS has the highest standards of all TPG. ANACS grades more liberally and more consistently than NGC. NGC has been very inconsistent in grading Bust series, sometimes off their normal XF and AU standards by as much as ten points. Buying an NGC Bustie from pictures is often a big gamble, ANACS much better bet from pictures alone.

PerryHall

<< <i>For the most part, ANACS is underrated by the marketplace. I don't know that I'd say they are unequivocally the "equal" of PCGS, but if they're not, they are a LOT closer than the marketplace gives them credit for.

Don't forget how the crackout game influenced by market opinion affects populations of lousy-for-the-grade coins. If you keep that in mind, they just *might* just about on par with PCGS.

Though it always does depend on the grade range of the coins and the particular series, as all TPGs differ a little on standards. ANACS is notoriously brutal on moderns, for example, and was even before PCGS decided to get really tight there as well. >>

PerryHall

<< <i>For Bust Series, PCGS has the highest standards of all TPG. ANACS grades more liberally and more consistently than NGC. NGC has been very inconsistent in grading Bust series, sometimes off their normal XF and AU standards by as much as ten points. Buying an NGC Bustie from pictures is often a big gamble, ANACS much better bet from pictures alone. >>




As far as US gold, ANACS is generally more conservative and consistant than NGC and comparable to PCGS.