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Has anyone figured out ANACS' game plan?

MrEurekaMrEureka Posts: 24,361 ✭✭✭✭✭
How do they plan to win our business?

What do they offer that PCGS and NGC do not?

Have they purposefully chosen to settle for the #3 slot?
Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

Comments

  • LeianaLeiana Posts: 4,349
    I think one thing they might have going for them is that they will slab and authenticate "problem" coins.

    -Amanda
    image

    I'm a YN working on a type set!

    My Buffalo Nickel Website Home of the Quirky Buffaloes Collection!

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  • BAJJERFANBAJJERFAN Posts: 31,205 ✭✭✭✭✭
    Has ANACS yet figured out what their game plan is? image
    theknowitalltroll;
  • rsdoug81rsdoug81 Posts: 682 ✭✭
    ANACS already gets my business. Although their prices have gone up, it's still ultimately cheaper for me because I don't have to join a club. That means more cash for a person with a limited budget to purchase coins with. Of course, I did find a dealer yesterday that refused to think twice about the coin I offered him because it was in an ANACS holder. I could go on about him, but I'll spare everyone the rant for right now.
  • robertprrobertpr Posts: 6,862 ✭✭✭
    I think they were trying for a "better" slab with grading on-par with the big two. You realize how the new slab turned out, and the jury's still out on their grading.
  • MrEurekaMrEureka Posts: 24,361 ✭✭✭✭✭
    I think one thing they might have going for them is that they will slab and authenticate "problem" coins.

    NCS also does that. Regardless, problem coins are just a small niche, not a critical game-winning market segment.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ShamikaShamika Posts: 18,785 ✭✭✭✭

    I think they're waiting for PCGS and NGC to stumble.

    Buyer and seller of vintage coin boards!
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭
    Don't know about winning any business-they've lost mine. Bad service; cheap holder; lack of proper attribution
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    1. Hire the best people they can find.
    2. Make an eye popping but odd looking holder.
    3. Leave it to us to figure out what the game plan is.

    Regardless, their stuff still has a tough time trading and taking away any #1 or #2 market share.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • SamByrdSamByrd Posts: 3,131 ✭✭✭✭
    imo ANACS has stumbled and wont recover its market share, the service is very slow and the new slab design is a joke. Mayby the next owners will do better but Mr IGC has hurt anacs a lot I do not submit coins any longer to ANACS its not worth the mis atributions and the fax back of the grades arrives after the coins are recieved, also they are not as conservitive imo any longer there is very little reason to use and support anacs at the present time.
  • numobrinumobri Posts: 1,473 ✭✭✭


    They use to show up at at the Michigan State show and take submissions,doing shows seem NOT to be part of their plan,even with on offer of a free table.I'm not sure what their game plan is


    Brian
    NUMO
  • DennisHDennisH Posts: 14,009 ✭✭✭✭✭
    They're getting ready to make a cannonball-huge splash in the Morgan VAM Registry Set pool... and I can't wait.

    It'll be another size-14 kick in PCGS's behind to broaden the scope of its program.
    When in doubt, don't.
  • I have not submitted anything to ANACS since the introduction of the new holder. If they offered the submitter an option to have coins graded and placed in the classic holders they would regain my business in short order.

    Having a population report would also be a major plus.

    Their changes are not the end of the world by any means. Coins for my variety set are being kept raw for now and my new pastime is filling a Dansco 7070 with all the submission money that Anacs isn't getting from me.
    Successful B/S/T transactions with: coindeuce, Lincolnsrule, DNADave, WTCG, jessecarlk, Coppercolor, cucamongacoin, ArizonaJack, SilverEagles92, JZRarities, greencopper, LindeDad, mozeppa
  • RegulatedRegulated Posts: 2,992 ✭✭✭✭✭
    I have it on good authority that their game plan involves a bicycle pump, a bananna and a tub of Crisco, although I am uncertain as to what they intend to do with them...

    What is now proved was once only imagined. - William Blake
  • 291fifth291fifth Posts: 24,542 ✭✭✭✭✭
    The average collector's choice. They won't waste the average joe's money with body bags. They will slab the coins and they will attribute many coins by die variety.

    I think many dealers fail to appreciate just how annoying body bags are to the average collector.
    All glory is fleeting.
  • airplanenutairplanenut Posts: 22,332 ✭✭✭✭✭
    Wake up, smell the coffee... kick back and enjoy a new day?
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • numobrinumobri Posts: 1,473 ✭✭✭


    291fifth;

    I think PCGS gives out more body bags then ANACS.


    Brian
    NUMO
  • MrEurekaMrEureka Posts: 24,361 ✭✭✭✭✭
    I have it on good authority that their game plan involves a bicycle pump, a bananna and a tub of Crisco, although I am uncertain as to what they intend to do with them...

    David - I'm beginning to think that it wasn't such a good idea for you to take that job at ANACS...
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • RegulatedRegulated Posts: 2,992 ✭✭✭✭✭
    Somehow I knew that comment would draw you out.

    What is now proved was once only imagined. - William Blake
  • 500Bay500Bay Posts: 1,107 ✭✭✭


    << <i>Having a population report would also be a major plus. >>



    I believe they do have a population report. It is ICG that does not.

    I like ANACS, though I submit very few coins. I have not used them since the new holders came out. I like the look of the new holder, though I like the size of the old holder. I wish all the holders were smaller and clear.
    Finem Respice
  • MrEurekaMrEureka Posts: 24,361 ✭✭✭✭✭
    Somehow I knew that comment would draw you out.

    Draw me out? I started this thread! But you're forgiven. I know how you feel about Crisco.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • robertprrobertpr Posts: 6,862 ✭✭✭


    << <i> Somehow I knew that comment would draw you out.

    Draw me out? I started this thread! But you're forgiven. I know how you feel about Crisco. >>



    image
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    I haven't figured it out, and by the time I do it may not matter.
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>The average collector's choice. They won't waste the average joe's money with body bags. They will slab the coins and they will attribute many coins by die variety.

    I think many dealers fail to appreciate just how annoying body bags are to the average collector. >>



    Its not the body bag that ticks off the average collector, its the crappy coin inside the body bag (which he probably bought for strong money as PQ) that does. What kind of 'Collector's choice' will ANACs be if they are seen as a distant third in the market, they slab all the crap that the big 2 won't (NCS not withstanding), and they are 50% as liquid as the big boys?

    The only way ANACs will survive IMO is to take share from the big boys and get some traction in the mainstream dealer and auction markets. That will take years, and big bucks.
  • does anyone have any experience with their payouts on grading guarantees since they re-invented themselves? if they're really grading tighter, they should be paying out lots of cash and that's gotta hurt.
  • ScarsdaleCoinScarsdaleCoin Posts: 5,293 ✭✭✭✭✭
    My guess would be that they wish to solve some issues before they attempt to gain more market share... which makes sense....

    its like fast food 1,2,3
    Mcdonalds, Burger King, Pizza Hut.....

    I do not believe they have had to pay out too much....but I do think I have 1 small check coming my way for a regrade.....if you think about that it just makes em better....they are getting rid of all the "bad" coins from the past...
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • 291fifth291fifth Posts: 24,542 ✭✭✭✭✭


    << <i>291fifth;

    I think PCGS gives out more body bags then ANACS.


    Brian >>



    My point is that ANACS gives out very few body bags. (They will body bag for PVC, which they should.)
    All glory is fleeting.
  • numobrinumobri Posts: 1,473 ✭✭✭

    If they do grade junk,they put it on the holder, but atleast you get a slab for your money.

    I like ANACS,but I wish they would do the shows like they use to,the public likes to see them there.(jmo)


    Brian
    NUMO
  • What don't people like about their new holders? I haven't gotten my hands on one but saw one at FUN earlier in the year. It seemed nice enough. I prefer the look of to to NGC's for sure.
    Currently looking for space-themed coins as well as these wantlists:
    Buffalo Nickel Wantlist
    Circulated TypeSet Wantlist
  • CoxeCoxe Posts: 11,139


    << <i>I have it on good authority that their game plan involves a bicycle pump, a bananna and a tub of Crisco, although I am uncertain as to what they intend to do with them... >>



    David, you have been in San FranCrisco too long. LOL! Good reply anyway.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • What don't people like about their new holders?

    Reason #1: My variety collection (500+) is in classic holders.
    Successful B/S/T transactions with: coindeuce, Lincolnsrule, DNADave, WTCG, jessecarlk, Coppercolor, cucamongacoin, ArizonaJack, SilverEagles92, JZRarities, greencopper, LindeDad, mozeppa
  • MrEurekaMrEureka Posts: 24,361 ✭✭✭✭✭
    How do they plan to win our business?

    What do they offer that PCGS and NGC do not?

    Have they purposefully chosen to settle for the #3 slot?


    We seem to have gone astray. I'm still hoping for answers to the above questions.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • mercurydimeguymercurydimeguy Posts: 4,625 ✭✭✭✭
    How do they plan to win our business?

    I think what you're asking is how do they plan to win additional marketshare?

    By being (on avarage) a bit more lenient than PCGS and NGC, but not to the extent that's is prevalently noticeable (e.g. so as not to become akin to the 3rd/4th tier TPG's).

    What do they offer that PCGS and NGC do not?

    The above.

    Have they purposefully chosen to settle for the #3 slot?

    Yes.

  • MrEurekaMrEureka Posts: 24,361 ✭✭✭✭✭
    MDG - How would you compare ANACS' game plan to ICG's?

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • foodudefoodude Posts: 3,576 ✭✭✭
    We seem to have gone astray. I'm still hoping for answers to the above questions

    That's a tall order (i.e., not going astray) on this forumimage
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • WTCGWTCG Posts: 8,940 ✭✭✭
    Whatever ANACS's game plan is has already proven to have failed. They have fewer satisfied customers now than they had during the days of the previous ownership.

    At least lately ANACS's has been able to finish grading orders slightly less late than they had been in the last few months prior.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • mercurydimeguymercurydimeguy Posts: 4,625 ✭✭✭✭


    << <i>MDG - How would you compare ANACS' game plan to ICG's? >>



    Anacs' game plan is probably to stay ahead of ICG in the tier that's below PCGS and NGC...Anacs is #1 of tier 2.

    ICG's game plan is to catch Anacs and become #1 of tier 2.

  • michaelmichael Posts: 9,524 ✭✭✭
    they have their own market nitch with collectors
    and are a true grading service as they will slab everything
    mostly collector coins

    they will be what they have been and nothing more

    except the powers that current own them will spend lots of $$$$$

    what their plan is i do not know but their owners have lots of $$$$$$$$$$$ obscene amounts and they must know better and more than me

    so i guess time will tell

  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>

    << <i>MDG - How would you compare ANACS' game plan to ICG's? >>



    Anacs' game plan is probably to stay ahead of ICG in the tier that's below PCGS and NGC...Anacs is #1 of tier 2.

    ICG's game plan is to catch Anacs and become #1 of tier 2. >>



    Cream of the crap - or crap of the cream?

    Kind of like being first in the "B" line on Southwest Airlines? image

    I just saw a batch of Walkers that my friend sent out to them - all I can say is "wow". Seemed quite overgraded.
  • greghansengreghansen Posts: 4,301 ✭✭✭
    I can only speak from one collectors experience. I sent in about 40 coins in the old slabs, to be reholdered in the new holders. In the process, they called to say they wanted to downgrade one of the coins. We agreed on a price differential and they are slabbing the coin at the lower grade and sending a check for the difference between the grades. IMO, that means they are making SOME effort to get overgraded coins off the market.

    Of course, I did find a dealer yesterday that refused to think twice about the coin I offered him because it was in an ANACS holder.

    If a dealer rejects a coin just because of the slab its in, he's useless and has no confidence in his own abilities to grade a coin. He may have been use the slab story just as an excuse to not offer on a coin he was otherwise not interested in. At least I hope so. If it really was the slab that broke his interest, that's not saying much for him/her.

    Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum

  • ConnecticoinConnecticoin Posts: 13,072 ✭✭✭✭✭


    << <i>They're getting ready to make a cannonball-huge splash in the Morgan VAM Registry Set pool... and I can't wait.

    It'll be another size-14 kick in PCGS's behind to broaden the scope of its program. >>



    Really? 275 varieties is not enough? Does the "California" set owner collect more than what is in the current registry?
  • ConnecticoinConnecticoin Posts: 13,072 ✭✭✭✭✭


    << <i>What do they offer that PCGS and NGC do not?
    >>



    Their slabs are easy to crack.
  • ANACS starting designating "FIRST STRIKE" on their holders. That's not gonna help them gain respect or market share.

    They do have a population report but it's only available in bound paper form. They need to put it in electronic form and make it available on the internet like PCGS and NGC. In paper form it's obsolete the very next day.
    image Scottish Fold Gold
  • Well,
    I for one (and maybe I'm the only one) think their new holders a huge plus. They need to work out the kinks (they need to glue them together better) but I think that the holder allows for better photography of the coin, better visibility, including the edge, and for easy identification while in storage with the slanted top.
    That was, to me a good start, though I'd understand frustration of not matching large older slab collections. But hey, you can always clean you coin, then send it in and it will come back in a nice old style holder image
    However, as to the rest, I don't see any positioning that will advance them against NCG or PCGS. They are simply not reliable enough in their grading, and getting looser is just another sign of lacking reliability and consistency... so it won't help. Frankly, its not as simple as loosening up on grades. I've found them looser, tighter, etc. In other words, all over the board, and simply not consistent. I won't submit anything to them until I hear they have cleaned up their act.
  • MyqqyMyqqy Posts: 9,777
    I've found them looser, tighter, etc. In other words, all over the board, and simply not consistent. I won't submit anything to them until I hear they have cleaned up their act.

    Interestingly, I hear comments like this about pcgs all the time....
    My style is impetuous, my defense is impregnable !

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