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ANACS in Austin is GONE! - New Info Added

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  • RYKRYK Posts: 35,797 ✭✭✭✭✭


    << <i>I've never tried the "100" thing before and not even sure how to check it. Do you get a prize or something for the 100th post? >>



    Cheater. image
  • TootawlTootawl Posts: 5,877 ✭✭✭
    100
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • dcarrdcarr Posts: 8,580 ✭✭✭✭✭
    Bochiman,

    I think you are talking about current perception and I am documenting current reality.
    Perception will eventually move towards reality, but it takes time.

  • TootawlTootawl Posts: 5,877 ✭✭✭
    CRAP!!! I was #102. image
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭
    WOW! My first 100+ post! I wish it was for better news....
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • TootawlTootawl Posts: 5,877 ✭✭✭
    Has anyone heard if anyone at ANACS has an invite to go to Denver?
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭


    << <i>Has anyone heard if anyone at ANACS has an invite to go to Denver? >>



    My source knows of no one who got offered a position in Denver...
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.


  • << <i>

    << <i>

    << <i>See, I'm thinkin thrice. I mean, at whose feet do you lay the blame for the enduring hit to their cred that ICG took with the ubiquitous 70's on everything? >>



    Out of 224 "MS-70" coins listed on eBay right now, 1 is ANACS, 28 are ICG, 29 are PCGS, 135 are NGC.
    Out of 484 "MS70" coins listed on eBay right now, 0 are ANACS, 27 are ICG, 114 are PCGS, 314 are NGC.

    Out of 269 "PR70" coins listed on eBay right now, 0 are ANACS, 116 are ICG, 101 are PCGS, 33 are NGC.
    Out of 50 "PR-70" coins listed on eBay right now, 0 are ANACS, 9 are ICG, 14 are PCGS, 22 are NGC.

    Out of 269 "PF70" coins listed on eBay right now, 1 is ANACS, 3 are ICG, 4 are PCGS, 578 are NGC.
    Out of 210 "PF-70" coins listed on eBay right now, 1 is ANACS, 4 are ICG, 4 are PCGS, 170 are NGC.

    Totals for all "70" grades (MS, PR, & PF):

    ANACS: 3
    ICG: 187
    PCGS: 266
    NGC: 1,252

    I think the numbers speak for themselves. >>



    No, they don't, imho.
    The post you quoted said "enduring hit" and that is the key.
    Go back about 8 years and look at the 1999 SHQs. See what is a 70 grade there. Go look at pre-2006 SAEs and see.
    ICG SUCKED when it came to these....they 70'ed things that shouldn't have been and way too many of those.
    NGC does as well, but only recently from what I have seen.

    PCGS 69s things that should be 68 (imho) but doesn't 70 things that should be 69 (they do 69 things that should be 70, again, imho).

    Again, the key words were "enduring hits"....now, many people that would have gone there for these will go NGC for the same thing, and slightly better rep....though, I think NGC is hurting their modern rep right now....more like just paying for the slabbing for protection versus grading. >>



    Not only that, but are there 10 times more NGC and PCGS coins on eBay than ICG coins? 100 times? What percentage of the output of ICG coins got 70's during that infamous period, that yes, may have subsided when he left for a while. Face it, dude's got a bad track record.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image


  • << <i>

    << <i>See, I'm thinkin thrice. I mean, at whose feet do you lay the blame for the enduring hit to their cred that ICG took with the ubiquitous 70's on everything? >>



    Out of 224 "MS-70" coins listed on eBay right now, 1 is ANACS, 28 are ICG, 29 are PCGS, 135 are NGC.
    Out of 484 "MS70" coins listed on eBay right now, 0 are ANACS, 27 are ICG, 114 are PCGS, 314 are NGC.

    Out of 269 "PR70" coins listed on eBay right now, 0 are ANACS, 116 are ICG, 101 are PCGS, 33 are NGC.
    Out of 50 "PR-70" coins listed on eBay right now, 0 are ANACS, 9 are ICG, 14 are PCGS, 22 are NGC.

    Out of 269 "PF70" coins listed on eBay right now, 1 is ANACS, 3 are ICG, 4 are PCGS, 578 are NGC.
    Out of 210 "PF-70" coins listed on eBay right now, 1 is ANACS, 4 are ICG, 4 are PCGS, 170 are NGC.

    Totals for all "70" grades (MS, PR, & PF):

    ANACS: 3
    ICG: 187
    PCGS: 266
    NGC: 1,252

    I think the numbers speak for themselves. >>

    Not quite. First of all, ICG & PCGS do not use the "PF" designation on their labels. And NGC does not use the "PR" designation on their labels. So this entire bit of data is completely useless.

    Additionally, without knowing how many coins were submitted for grading, and subsequently the actual percentage of coins receiving the coveted MS70 grade, your data is worth slightly less than nothing.
  • leothelyonleothelyon Posts: 8,467 ✭✭✭✭✭
    Maybe this is the end of NGC, how many of their graders would readily jump ships? I mean, how long can a guy keep calling an ugly duck a swan? Some of them have got to be losing their minds being stuck at NGC.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • LongacreLongacre Posts: 16,717 ✭✭✭


    << <i>
    this coin industry is so incestous it is hilarious.

    drama is right. >>





    Good Lord! This is the second time I agreed with fc. image

    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • dbldie55dbldie55 Posts: 7,735 ✭✭✭✭✭


    << <i>Maybe this is the end of NGC, how many of their graders would readily jump ships? I mean, how long can a guy keep calling an ugly duck a swan? Some of them have got to be losing their minds being stuck at NGC.


    Leo >>



    This is just too funny. It is a job. I suspect most of them want to live in Florida. You make it sound like they are forced to work there.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • BochimanBochiman Posts: 25,423 ✭✭✭✭✭


    << <i>Maybe this is the end of NGC, how many of their graders would readily jump ships? I mean, how long can a guy keep calling an ugly duck a swan? Some of them have got to be losing their minds being stuck at NGC.


    Leo >>




    Hmmmm...
    Florida - warm weather, speaking spanish/cuban image, beaches, hurricanes....
    Colorado - 4 seasons, no oceans, people only want to visit to ski, freeze your huevos off half the year, boring......

    Wonder what those graders would rather do image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • dcarrdcarr Posts: 8,580 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>See, I'm thinkin thrice. I mean, at whose feet do you lay the blame for the enduring hit to their cred that ICG took with the ubiquitous 70's on everything? >>



    Out of 224 "MS-70" coins listed on eBay right now, 1 is ANACS, 28 are ICG, 29 are PCGS, 135 are NGC.
    Out of 484 "MS70" coins listed on eBay right now, 0 are ANACS, 27 are ICG, 114 are PCGS, 314 are NGC.

    Out of 269 "PR70" coins listed on eBay right now, 0 are ANACS, 116 are ICG, 101 are PCGS, 33 are NGC.
    Out of 50 "PR-70" coins listed on eBay right now, 0 are ANACS, 9 are ICG, 14 are PCGS, 22 are NGC.

    Out of 269 "PF70" coins listed on eBay right now, 1 is ANACS, 3 are ICG, 4 are PCGS, 578 are NGC.
    Out of 210 "PF-70" coins listed on eBay right now, 1 is ANACS, 4 are ICG, 4 are PCGS, 170 are NGC.

    Totals for all "70" grades (MS, PR, & PF):

    ANACS: 3
    ICG: 187
    PCGS: 266
    NGC: 1,252

    I think the numbers speak for themselves. >>

    Not quite. First of all, ICG & PCGS do not use the "PF" designation on their labels. And NGC does not use the "PR" designation on their labels. So this entire bit of data is completely useless.

    Additionally, without knowing how many coins were submitted for grading, and subsequently the actual percentage of coins receiving the coveted MS70 grade, your data is worth slightly less than nothing. >>



    I think the data is certainly a valid snapshot of what is on eBay now. I searched on auction titles. The people running the auctions might type in "PF" instead of "PR" or vice-versa. The data is still valid either way, since nothing was double-counted.

    Current eBay auction totals for ALL coins from each service:

    ANACS: 962 (0.3% "70")
    ICG: 704 (26.6% "70")
    PCGS: 6,491 (4.1% "70")
    NGC: 6,768 (18.5% "70")

    So, ICG does have the highest percentage of "70" grades that are currently offered on eBay. But NGC seems to be creeping up.
    Some grading companies undoubtedly have a higher turnover rate than others. In other words, people may tend to hold on to PCGS or ANACS 70s while tending to re-sell ICG and NGC 70s. So that could skew the data somewhat.


  • NumisOxideNumisOxide Posts: 10,997 ✭✭✭✭✭


    << <i>It's a "New Day" at ANACS............. again............... >>


    I guess so.


  • << <i>What a Christmas gift for the employees

    that were laid off. Why does this always

    seem to happen over the holidays. Bummer. >>




    Several major holidays bunched up in the last 2 months of the year. Maybe year end
    tax considerations by the seller or buyer had something to do with the timing.

  • MilesWaitsMilesWaits Posts: 5,379 ✭✭✭✭✭
    Unless ANACS changes that horrible holder to something of quality, then I am not interested in placing something awe inspiring to me in low-grade plastic. It is rude.
    There are exactly two much finer alternatives. The math is simple to me...so ANACS has perished and moved away already.

    Miles
    Now riding the swell in PM's and surf.
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭
    It's too bad that this oldest of the slabbing companies was ever messed with in the first place. I have a submission of significant value down there right now and I'm worried.
  • CaptHenwayCaptHenway Posts: 32,287 ✭✭✭✭✭
    Sigh.........
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • This content has been removed.
  • Wolf359Wolf359 Posts: 7,657 ✭✭✭


    << <i>Unless ANACS changes that horrible holder to something of quality, then I am not interested in placing something awe inspiring to me in low-grade plastic. It is rude.
    There are exactly two much finer alternatives. The math is simple to me...so ANACS has perished and moved away already.

    Miles >>



    You've overlooked how this will affect the market if ANACS folds completely. The only service doing full variety attribution left is SEGS.
  • BECOKABECOKA Posts: 16,960 ✭✭✭


    << <i>

    << <i>Unless ANACS changes that horrible holder to something of quality, then I am not interested in placing something awe inspiring to me in low-grade plastic. It is rude.
    There are exactly two much finer alternatives. The math is simple to me...so ANACS has perished and moved away already.

    Miles >>



    You've overlooked how this will affect the market if ANACS folds completely. The only service doing full variety attribution left is SEGS. >>



    Also they recently redid their holder again and it is much improved so this is the very least of their worries.
  • This news is definitely shocking and a surprise to me as it came totally unexpected. On the other hand I would enjoy seeing the new product that the new company by James Taylor is planning to roll out once they make the move to Colorado. Is there any known timeline to when the new grading company will begin operating?
  • numismanumisma Posts: 3,877 ✭✭✭✭


    << <i>

    << <i>Unless ANACS changes that horrible holder to something of quality, then I am not interested in placing something awe inspiring to me in low-grade plastic. It is rude.
    There are exactly two much finer alternatives. The math is simple to me...so ANACS has perished and moved away already.

    Miles >>



    You've overlooked how this will affect the market if ANACS folds completely. The only service doing full variety attribution left is SEGS. >>



    I think that the whole TPG thing has had its day and the concept is waning. The main service provided by SEGS (i.e. accurate variety attribution) has recently suffered due to railroading by eBay and other good-old-boy alliances, which is a shame and, arguably, illegal.
  • Wolf359Wolf359 Posts: 7,657 ✭✭✭


    << <i>This news is definitely shocking and a surprise to me as it came totally unexpected. On the other hand I would enjoy seeing the new product that the new company by James Taylor is planning to roll out once they make the move to Colorado. Is there any known timeline to when the new grading company will begin operating? >>



    Sounds more like a shutdown more than a new product rollout to me.
  • Wolf359Wolf359 Posts: 7,657 ✭✭✭


    << <i>

    << <i>

    << <i>Unless ANACS changes that horrible holder to something of quality, then I am not interested in placing something awe inspiring to me in low-grade plastic. It is rude.
    There are exactly two much finer alternatives. The math is simple to me...so ANACS has perished and moved away already.

    Miles >>



    You've overlooked how this will affect the market if ANACS folds completely. The only service doing full variety attribution left is SEGS. >>



    I think that the whole TPG thing has had its day and the concept is waning. The main service provided by SEGS (i.e. accurate variety attribution) has recently suffered due to railroading by eBay and other good-old-boy alliances, which is a shame and, arguably, illegal. >>



    The TPG concept is here to stay. The market has matured that's all.
  • numismanumisma Posts: 3,877 ✭✭✭✭

    The TPG concept is here to stay. The market has matured that's all.

    Okay. But from the point of view of the TGPs, I feel that the heyday is over. How many times can the same coin be resubmitted? And the modern MS70s thing is done, imho.
  • BochimanBochiman Posts: 25,423 ✭✭✭✭✭


    << <i>The TPG concept is here to stay. The market has matured that's all.

    Okay. But from the point of view of the TGPs, I feel that the heyday is over. How many times can the same coin be resubmitted? And the modern MS70s thing is done, imho. >>



    When FRESH (there are still raw coins that haven't been graded, and are problem free, for whatever reason, out there) and resubmissions are played out, THEN, you will see PCGS get into the "problem coin holdering business" I believe.

    There are people that want one holder or the other. People that want problem coins slabbed for authenticity, etc. There is money there.

    As for thinking moderns are played out.....did you actually pay attention to how many coins the USMint put out this year? As long as they are doing that, and people are submitting them, there is a lot of money there.

    You can't look at it with a jaunted eye (which, many raw, classic, folks do) but rather, step back, and look at it. There are still tons of future submissions.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • Has anyone talked to or heard from anyone associated with Anacs yet?

    Other than cmerlo's confidential chat.

  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭
    A recent submission had Ellis' name and home address as the return address which seemed odd.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • THis is my opinion only!
    One ! i have never seen so many flip overs from Anacs to PCGS untill Mike got there.
    So grading has gottien better!
    Two ! Their holder is very classy, i do not see all the problems that some have said!
    Three! Slab all thoses problem coins and that will stop most of the rip offs out there!!!
    Never give up the hunt!
    25 inf 1/14 Gold Dragons ,never surrender, over come and adapt
    and hold at all cost!
  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭
    HMMM maybe the ANACS ship was steered into the rocks for a reason!!
    theknowitalltroll;
  • I'm not real surprised at this train wreck. With the multiple changes in holder styles, my Lincoln variety set looks more like a jigsaw puzzle than a collection.

    Listening to the majority of the collector base...the paying customers...would have been a good place for Mr. Taylor to start befor he re-invented the wheel.

    They have been plenty strict on the grade for the past 6-12 months on mint state Lincolns, I'll give them that.

    What an opportunity for PCGS to start grading all varieties.
    Successful B/S/T transactions with: coindeuce, Lincolnsrule, DNADave, WTCG, jessecarlk, Coppercolor, cucamongacoin, ArizonaJack, SilverEagles92, JZRarities, greencopper, LindeDad, mozeppa
  • sent email- no response so far- phone lines are all busy- called local PO- they have not heard anything as to a move.

    called phone company- no notice of phone being D/C'd - so has anyone attempted to contact Whitman and ask the silly question- I would but can't find the number, and I'm battling 40 mph winds today on my job...

  • Didn't have time to read all 7pgs yet.....where in Colorado are they moving to?

    This will be nice for me as I am already here.......
    This is a very dumb ass thread. - Laura Sperber - Tuesday January 09, 2007 11:16 AM image

    Hell, I don't need to exercise.....I get enough just pushing my luck.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Totals for all "70" grades (MS, PR, & PF):

    ANACS: 3
    ICG: 187
    PCGS: 266
    NGC: 1,252 >>



    A perfect example of meaningless statistics. Of course there are more PCGS and NGC 70's listed than ICG. They both do many times the submission volume.

    Russ, NCNE
  • cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭
    I just paid them a visit, to see about my coins. The reception area had all the furniture moved out- the only thing left was the logo on the wall. There is a sign on the door saying that they are closed for the holidays, and would re-open on Jan. 8th. I spoke to the security guard at the building and he told me thay they had indeed left and the phone company had disconnected the phones. He also said they hadn't finished moving out yet and would be back after the new year to finish. The space has already been leased by another business. I took this pic w/my phone (pardon the crummy quality- I got my phone wet a while back and since then it hasn't taken good photos):

    image
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • fcfc Posts: 12,793 ✭✭✭
    Mr. XXX,

    It is true that some changes have occurred with the acquisition of ANACS. The office is currently closed for the
    holidays and submissions will again be shipped on January 2, 2008.

    At present I would recommend holding any submissions you wish to send until after the move. We are hoping to have
    updated information posted on our website as to our new shipping address.

    There should be no worries as this is only a change in ownership and will not impact submissions or grading by ANACS.

    Thank you,

    Ray Bruels
    Tech Support
    www.ANACS.com
  • A pictures' worth a million words.
  • Wolf359Wolf359 Posts: 7,657 ✭✭✭
    Minor update: ANACS is no longer listed as a company owned by Anderson Press (http://www.andersonpress.com/). Yesterday there were.
    So that confirms a sale.
  • Thanks for sharing the pic. Hard to believe there will be all new staff. Not worth it to relocate, or Driving Force just wanted them all out, who knows.
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    I just talked to Traci, they were told yesterday that the company has been sold and that they are out of a job. The kicker is, they were told since the company was sold the 21st, pay or Xmas eve and Xmas wasn't their problem.

    It is not exactly cheating, I prefer to consider it creative problem solving!!!



  • << <i>I just talked to Traci, they were told yesterday that the company has been sold and that they are out of a job. The kicker is, they were told since the company was sold the 21st, pay or Xmas eve and Xmas wasn't their problem. >>




    I will wait for the full story to come out...BUT...if it turns out that no gesture of compensation is given to these employees...and they actually end up getting stiffed on their pay along with no severance allowance...

    ...given that the new owner worked with many of these folks...I would be appalled!!!

    To such an extent that I would NEVER again consider doing business with this company or the responsible parties...that would include ANACS, Whitman/Anderson and James Taylor...

    It should not matter what the terms of sale were...the well being of loyal employees should have been first priority for both parties in the transaction...

    Frankly, IMHO, any company that would shaft employees would not hesitate to shaft customers, as well...

    I hope that more info comes to light and this total "scrooge move" is somehow corrected...or turns out to not be the true story...
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • CoxeCoxe Posts: 11,139
    trimmed up>>>

    << <i>I will wait for the full story to come out...BUT...Frankly, IMHO, any company that would shaft employees would not hesitate to shaft customers, as well... >>



    Exactly.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • 291fifth291fifth Posts: 24,406 ✭✭✭✭✭
    ... but the full story needs to come out very quickly. This is already turning into a rumor filled public relations disaster and that is the last thing any company needs.

    Facts are what is needed.




    All glory is fleeting.
  • Thread o' The Year!™
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭
    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • If I recall, they were much more open about their last move. I remember I had coins with them durring their last move and after a call they let me know exactly what was goign to happen. The submission just took a little longer. This is certainly odd.


  • << <i>I really think the move over the holidays was intentional. It's the perfect excuse for being closed. I think they planned this out, and intended to re-open in Colorado after the holidays as if nothing had happened, just a new shipping address.

    Still nothing on their website. If I contacted the local police about my coins and told them I was worried I might not be getting them back, since they closed up shop w/o telling anyone, I wonder what would happen?

    I'm not planning on using them anymore for the following reasons:

    1. I don't appreciate the way they treated their employees, many of whom I knew and knew to be good people.

    2. I don't appreciate at least SOMETHING on their web site about what's happening to my coins and when I can expect them back. There should've been a post on the home page ready to go for when this was done.

    3. If they replaced everyone with ICG employees, which my source has told me is the case, then the coins coming from them will essentially be ICG-graded coins.

    4. The move from here means I now have to pay registered mail both ways. If I have to do that, I'll send my coins to PCGS. Hopefully they'll pick up the variety ball and run with it... >>



    imageimage
    Looking to buy Morgans in ACG, INS, IGA, Old PCI photo, and Hannes Tulving holders.
  • I'd certainly like to help by not using their services, BUT-





















    I've been doing that for years already.image

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