Are ANACS slabs worthless?

seateddime

Are ANACS slabs worthless? I have been cracking out a lot of dimes in problem free ANACS holders that would not cross over into my registry set.

I figure if they won't cross and I can't include them into my registry set I might as well enjoy them in my Dansco Album.

Does this mean that ANACS slabs worthless?

jmj3esq

I have had excellent results crossing over and cracking out and crossing over from ANACS to PCGS, including several upgrades.

Coxe

Perhaps currently to registry folks that are. I have crossed some but haven't bothered with the vast majority in my own collection and the coins are nice coins, hardly worthless. I laugh when people claim one of the top TPGs is always and always has been hands down better at grading and more consistent. They all are good, have and have had great graders and decent standards, and have been variable in the quality of their service. Some will feel different for moderns and for various series durin various periods though.

If you cannot cross over "problem free" coins in ANACS slabs, are they really problem free and/or have you paid too much for them. There are overgraded coins in ALL parties' slabs. Any coins I have crossed have been in the original slab, not cracked out. Some don't make the cut, among them puzzlers but also those that I knew were borderline.

cullenbryant

authenticity makes them valuable, at least until the faking of the slabs themselves becomes
widespread.

Russ

The slabs are just plastic so, yes, they're worthless. The coins might have value, though.

Russ, NCNE

ziggy29

The registry set marketing machine has convinced a lot of people that a coin has to be in a registry slab in order to be worth collecting.

And I think that's a shame.

seateddime

<< <i>The registry set marketing machine has convinced a lot of people that a coin has to be in a registry slab in order to be worth collecting.

And I think that's a shame. >>



Ziggy, this is true. This is also why I have been removing the coins from the slabs to better enjoy them in my Dansco album. I know they are real and I grade them myself anyways.

BlindedByEgo

Buy the coin...

seateddime

<< <i>The slabs are just plastic so, yes, they're worthless. The coins might have value, though.

Russ, NCNE >>



The actual value would be some number under 1 cent but greater than zero, of course the cost to take them to recycling plant is greater than 1 cent so they have a value of less than zero.

cmerlo1

I think things have really tightened up there...I get a lot of coins graded by them and they seem to be right on.

taxbuster1040

I think there is a place for them if you are selling a cheaper or medium priced coin on ebay. I find i can get a higher price for them if they are in an Anacs slab. The buyer likes the assurance as to grade and that the coin is real...

SeattleSlammer

I think the older ANACS slabs are the real deal in most cases (in terms of accurate grading and authentication).

tahoe98

<< <i>Are ANACS slabs worthless? I have been cracking out a lot of dimes in problem free ANACS holders that would not cross over into my registry set.

I figure if they won't cross and I can't include them into my registry set I might as well enjoy them in my Dansco Album.

Does this mean that ANACS slabs worthless? >>




actually they are 'worth less'

Coxe

<< <i>I think the older ANACS slabs are the real deal in most cases (in terms of accurate grading and authentication). >>

leothelyon

Are ANACS slabs worthless?

Only to those registry set charactors with swelled heads who can't grade coins!


Leo

ricko

Yes.. they are worthless.. send them all to me... I will appreciate them for what they are ... worthless coins (since I never sell a coin, they will remain worthless). Cheers, RickO

lordmarcovan

<< <i> Are ANACS slabs worthless? >>

Yes. Absolutely. Send me all you have.

08HALA20

I hope they are not "worthless" I sent in an Anacs AU50 1858 seated liberty quarter as my quarterly freebie.

Rookie Joe

robkool

I never had a problem cross-grading my ANACS coins into PCGS... Grades come out the same across the board from 1/2 cent denomination, to $ 20 gold pieces.

Manorcourtman

I'm done buying old ANACS slabs. Just got another BB from PCGS from a 6 digit ANACS slab. They net graded back in the day. Just like the OGH PCGS slabs these coins have been picked clean over the years and what remains should be seriously looked at before buying.

JJM

yup

Doogy

the answer to your question is:

"only to Kool-Aid drinkers"

direwolf1972

I am mostly a "modern crap" person. But in the few morgans etc... that I buy I like ANACS in the fact that they are pretty good at spotting cleaned, wizzed, damaged. In that I still dont buy the plastic but the coin. But I feel pretty safe that at least it is a genuine, none doctored coin.

jabba

Ive had better luck crossing ANACS to PCGS than NGC to PCGS.

seateddime

<< <i>Ive had better luck crossing ANACS to PCGS than NGC to PCGS. >>

seateddime

Some guys have all the luck

NumisOxide

<< <i>The registry set marketing machine has convinced a lot of people that a coin has to be in a registry slab in order to be worth collecting. >>


Ditto.

TennesseeDave

I hope not as I own several nice coins in Anacs holders and have coins I intend to get put into Anacs holders.I trust them as much if not more than NGC.

coinkat

The short answer is yes... the well thought out answer is no and unfortunately and it is easy to be fooled during the journey. It is quite possible to fine a diamond in the rough for those willing to undertake the challenge...

Accept the challenge and be your own judge and don't let others distort your experience before it is adequately underway.

pharmer

The slabs aren't worthless. They keep the coin from getting scratched and such. Now the coin itself is the same no matter what slab it's in.

leothelyon

<< <i>Ive had better luck crossing ANACS to PCGS than NGC to PCGS. >>




NGc has crossed me many more times than ANACS and PCGS put together!

But since PCGS grades coins far superior than NGC, in effect, aren't they getting stuck with grading inferior coins. This is the only logical reason why their grading abilities look so second class.......they really don't have much of a choice. In other words, they are forced to overgraded whatever is leftover to grade.


Leo

Linderman

<< <i>Are ANACS slabs worthless?

Only to those registry set charactors with swelled heads who can't grade coins!

Leo >>



Very good. And very true.

Doogy

<< <i>

<< <i>Ive had better luck crossing ANACS to PCGS than NGC to PCGS. >>




NGc has crossed me many more times than ANACS and PCGS put together!

But since PCGS grades coins far superior than NGC, in effect, aren't they getting stuck with grading inferior coins. This is the only logical reason why their grading abilities look so second class.......they really don't have much of a choice. In other words, they are forced to overgraded whatever is leftover to grade.


Leo >>



"leftovers"? some of the most valuable and rarest coins (and collections!) in the world are in NGC holders? are these "leftovers" too?

Barry

Here's an experiment to try:

Take those now raw coins and resubmit them. Let us know the previous ANACS grade and the PCGS grade.

TwoSides2aCoin

All slabs are worthless...

...without the coins inside

drwstr123

<< <i>Ive had better luck crossing ANACS to PCGS than NGC to PCGS. >>


What he said, me too.

SeaEagleCoins

...IMHO...and based on my direct experience...coins inside their holders are worth less on the resale market...

Do I agree that this is how it should be?

NO!!!

...but that does not change the kool-aid drinking reality...

I have read the posts to this thread and on others...the most frequent acknowledgement of ANACS graded coins is...

"They can be bought for a bargain and can be crossed to PCGS for a profit"

All this thinking does...for me...is confirm that a whole lot of people like a certain brand of kool aid...


This is actually a circular topic that will probably never progress... folks tend to be set in their ways and want to believe what they want to believe...

...and I can not post here what I really want to say on the topic because it would be rude to our hosts...
...and it would not be productive even if I could post it...coin collectors are coin collectors...slab collectors are slab collectors...

...and somewhere in the middle are folks who appreciate coins for what they are...yet also appreciate the marketplace for what it is...

...in the present marketplace...if a person wants to maximize the resale value of any coin (US coin anyway)...it would serve them well to have it in/get it into PCGS plastic...

BAJJERFAN

Actually no slab is worthless, it can always be used as a horrible example.

bronze6827

Ive had better luck crossing ANACS to PCGS than NGC to PCGS.

Fully agree. In fact, I've never had and ANACS not cross or downgrade. All have crossed or upgraded at PCGS. Besides the junk holders they had before the very latest one, I like ANACS.

NGC had been a train wreck in terms of crossing to PCGS, for me anyway. So much so that I rarely bother trying - instead I go right to the hammer.

supertooth

Hello Folks---- Agree pretty much with Sea Eagle Coin's comments.

Also agree with cmerlo1---- I usually use ANACS as my third TPGS---mostly for coins that I think might get a BB from PCGS or NGC. But, my latest 16 coin submission to ANACS came back with results that I thought were 'right on'. The coins that were 'net' graded were indeed those that should have been---the coins that were OK were exactly that. And, IMHO, the grading of all 16 coins was 'right on'.

Actually, I was quite surprised. Bob [supertooth]

garsmith

<<Are ANACS slabs worthless?>>

No, you can use them as skeet

Coxe

<< <i>

<< <i>Ive had better luck crossing ANACS to PCGS than NGC to PCGS. >>




NGc has crossed me many more times than ANACS and PCGS put together!

But since PCGS grades coins far superior than NGC, in effect, aren't they getting stuck with grading inferior coins. This is the only logical reason why their grading abilities look so second class.......they really don't have much of a choice. In other words, they are forced to overgraded whatever is leftover to grade.


Leo >>



This may be the cae with ultramoderns. With classic coins, the effect is ultimately the same but for a different reason. Since PCGS coins, in the same accurate grade, command more money in the market usually, where economically worthwhile, an ANACS or NGC properly graded coin will eventually cross to PCGS. The effect is that the remnant populations at the other services is biased toward the less PQ hraded coins and the mistakes. This is very true with older ANACS slabs. IMHO, they were the most consistent and debatedly best graders for most of that era. You wouldn't know that except if you looked at someone's undisturbed (uncrossed) older collection.

rgwill

I just sent 4 morgans in to pcgs...I cracked them out and submitted raw...

1 ICG
1 NGC
2 ANACS

The only one that came back one grade lower was the NGC all the other three was the same...

Coxe

<< <i>I just sent 4 morgans in to pcgs...I cracked them out and submitted raw...

1 ICG
1 NGC
2 ANACS

The only one that came back one grade lower was the NGC all the other three was the same... >>



And unless the slabs were marred or the coins PLs, I bet cracking them out was unnecessary. I have crossed a handful over the years and never cracked any out.

paigowjohnny

<< <i>Perhaps currently to registry folks that are. I have crossed some but haven't bothered with the vast majority in my own collection and the coins are nice coins, hardly worthless. I laugh when people claim one of the top TPGs is always and always has been hands down better at grading and more consistent. They all are good, have and have had great graders and decent standards, and have been variable in the quality of their service. Some will feel different for moderns and for various series durin various periods though.

If you cannot cross over "problem free" coins in ANACS slabs, are they really problem free and/or have you paid too much for them. There are overgraded coins in ALL parties' slabs. Any coins I have crossed have been in the original slab, not cracked out. Some don't make the cut, among them puzzlers but also those that I knew were borderline. >>



Coxe...I couldn't agree more. Yes, I realize this is a PCGS sponsored board, but some of the attitudes are amazing.

paigowjohnny

<< <i>But since PCGS grades coins far superior than NGC, .... >>



<<sigh>>

millennium

When will there be an ANACS registry???? I am sure there is a market for it...

Coxe

<< <i>When will there be an ANACS registry???? I am sure there is a market for it... >>



Definitely. They could have a monster VAM registry in particular. Say you have some VAM that PCGS doesn't do in a PCGS holder. Send it to ANACS for VAM attribution for may $10-$15 per coin. For that, they certify that PCGS serial number is the VAM in a public database. It can then be verified as correct for purposes of sale or added to registry sets. They could have a wide variety of interesting sets just with VAMs. And that is just the tip of the iceberg. I think it is a better way to go than to try to continue the uphill battle for grading marketshare against PCGS and NGC. They are quite good at comprehensive variety attributions and should leverage that strength and productize is.

SeaEagleCoins

<< <i>When will there be an ANACS registry???? I am sure there is a market for it... >>



When James Taylor and Miles Standish were still there...at the beginning of "The New Day..."...I had many conversations with James regarding this...he agreed with my opinion that the only way that ANACS coins would have the ability to compete, value wise, with PCGS or NGC...would be to initiate a Registry Program.

At that time, James told me that plans were in the works...but then he and Miles left ANACS.

I made contact with Mary Counts and shared with her how I had been talking with James regarding this...she seemed a bit interested but may have just been polite...she said she would "look into it"... that was quite a while ago...

Now that they have finally come up with a sturdy holder...perhaps they will actually move on this idea...


For the record...and out of an honest respect for our hosts...I will say that, IMO, the only way that PCGS could ever lose their #1 reputation would be some sort of ENRON type of meltdown with their grading/slabbing process... and I do not see that ever happening...

PCGS has a pretty consistant track record...the ongoing support of a strong Dealer Network...and the word-of-mouth support of the general marketplace...this is why coins in their holders, except in rare cases, always get a premium over the rest in the sale/resale market...


...that's my 2+ cents...

frostbyte

I personally only buy NGC or PCGS slabbed coins. I don't value the slab of any other companies. If I buy it, it's only because it's woth that for just it's bullion weight. That's just me though as I've seen ANACS and many other companies sell much worse on ebay for the same thing.

Coxe

I rarely see anyone who has been engaged in this hobby for more than 15 years who would feel ANACS is in the league of third world graders. Whenerver I do see the atitude, I just assume it must be numismatic generation gap ignorance. (I'm sure our hosts here have plenty of respect for their peers at the other 3 top TPGs, even if there are disagreements.)