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ANACS in Austin is GONE! - New Info Added

cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭
in U.S. Coin Forum
Just got off the phone with someone in the know who told me ANACS has closed it's Austin location and is moving to Colorado. Apparently, it was purchased by James Taylor and his company, Driving Force, on Friday. Today, everyone at ANACS here in Austin was let go. This is very disappointing. I'm also concerned about the coins I have there- apparently they are moving them to Colorado and will grade them and ship them from there. This is all I know right now- I'll post more info if I get any...

--Christian

Edited for punctuation.
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.
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Comments

  • RussRuss Posts: 48,514 ✭✭✭
    Would this be the same James Taylor who left ANACS to "retire" from the business?

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭
    James Taylor, of ICG...
    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.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>James has retired....

    thats it....end of story....end of threads....

    he was not fired, he left ANACS on good terms...

    The reason ...to just spend more time with his family.... >>



    http://forums.collectors.com/messageview.cfm?catid=26&threadid=549409

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭
    Well I certainly hope idahogal moves with it to Colorado!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • foodudefoodude Posts: 3,572 ✭✭✭
    Just got off the phone with someone in the know who told me ANACS has closed it's Austin location and is moving to Colorado

    Who is the source?
    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.
  • cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭


    << <i>Just got off the phone with someone in the know who told me ANACS has closed it's Austin location and is moving to Colorado

    Who is the source? >>




    Someone who lost their job today. He gave his blessing for this post, but asked that I not give his name, so I will honor his wishes.
    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.
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    I hope they go back to the old style slab.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • foodudefoodude Posts: 3,572 ✭✭✭
    Someone who lost their job today. He gave his blessing for this post, but asked that I not give his name, so I will honor his wishes.

    Bummer, thanks.
    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.
  • AU58WALKERSAU58WALKERS Posts: 3,562 ✭
    I wonder how fast this thread will reach 100
    "Everyday above ground is a good day"

  • holeinone1972holeinone1972 Posts: 5,348 ✭✭✭


    << <i>I wonder how fast this thread will reach 100 >>



    I bet it will reach 100 right after number 99
    image
  • PetescornerPetescorner Posts: 1,220 ✭✭
    I guess if you had a choice between buying ANACS and PCI, ANACS would be the way to go. Wouldn't you think?
  • YaHaYaHa Posts: 4,220 ✭
    I met Mr James Taylor from ICG and ANACS very business like creature. I wish him all the luck again at his New Location.
  • DennisHDennisH Posts: 13,995 ✭✭✭✭✭
    Wow.

    My immediate thoughts and hopes are for one of the really good guys in the coin world, John Roberts.
    When in doubt, don't.
  • SeaEagleCoinsSeaEagleCoins Posts: 3,262 ✭


    << <i>

    << <i>James has retired....

    thats it....end of story....end of threads....

    he was not fired, he left ANACS on good terms...

    The reason ...to just spend more time with his family.... >>



    http://forums.collectors.com/messageview.cfm?catid=26&threadid=549409

    Russ, NCNE >>




    Well...I do know James truly believed in what he was attempting with ANACS... and in our talks he expressed that it WAS difficult being in Austin with his family being in Colorado...eventually, his family won out and he did return there after leaving ANACS...

    ...he then went on an extended camping trip to "cool out" and soon after settling in he was contacted by ICG and offered a chance to return to them...

    ...as he explained to me, ICG is just basically a walk down the road from his home...so it was a no-brainer to accept the offer...after all...he loves coins and he loves the business...

    ...now, if this info is true, I'd be a bit surprised but very interested...he did have some good ideas and I did think he just might be able to pull it off...

    ... I do know that when the new owners bought ANACS and hired James...they gave him a green light and, as he put it, "a blank check" to turn ANACS around...

    ...my guess is that they didn't really understand what they had gotten themselves into...by the time Mary Counts got there and took a good look around...I think they might have said "oops"...

    ...haven't spoken with James in a while...maybe it's time to give him a call...
    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
  • UnknownUnknown
    This content has been removed.
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Maybe Mr Taylor can turn the co. around, it was a great company, but recently it was directed to move in the dumbest directions. >>

    Except that it was James Taylor who first led ANACS into what many consider the "dumbest directions."

  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    "There's something in the way he moves..."
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • longtimecollectorlongtimecollector Posts: 2,368 ✭
    Definately a case of someone "Buying the holder" !!!! image

    I will assume that James is no longer with IGC as this would be a major conflict of interest........ Perhaps a call to ICG would garner an answer ???

    Gotta love the "drama".
    Cam-Slam 2-6-04
    3 "DAMMIT BOYS"
    4 "YOU SUCKS"
    Numerous POTD (But NONE officially recognized)
    Seated Halves are my specialty !
    Seated Half set by date/mm COMPLETE !
    Seated Half set by WB# - 289 down / 31 to go !!!!!
    (1) "Smoebody smack him" from CornCobWipe !
    IN MEMORY OF THE CUOF image
  • MORGANHUNTER2MORGANHUNTER2 Posts: 4,473 ✭
    All lines are busy- funny that they would do this and not let anyone know of the move- as they did when they left Ohio for Austin.

    smoething is definitely strange- and I have a large submission there.....

    not looking good...
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>All lines are busy- funny that they would do this and not let anyone know of the move- as they did when they left Ohio for Austin.

    smoething is definitely strange- and I have a large submission there.....

    not looking good... >>

    PCI liquidates. ANACS pulls this and who knows what will become of them.

    Is ICG next? Or SEGS? Are we really going be down to just PCGS and NGC before long? I can't imagine this one can be blamed on eBay policy, like the struggles at PCI can.
  • cmerlo1cmerlo1 Posts: 7,919 ✭✭✭✭✭


    << <i>All lines are busy- funny that they would do this and not let anyone know of the move- as they did when they left Ohio for Austin.

    smoething is definitely strange- and I have a large submission there.....

    not looking good... >>



    Try checking your submission status online- that's not working either. Apparently no one there had a clue this was going to happen. When they got to work this morning, the space had been partially cleaned out...they were called into a meeting and told the 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.
  • codamyercodamyer Posts: 117
    I just got my submission back from ANACS today and it shows it came from Austin TX on the postmark so dont worry if you have coins still pending shipment.

    Jerry
  • PQMorgansPQMorgans Posts: 727 ✭


    << <i>Apparently, it was purchased by James Taylor and his company, Driving Force on Friday >>




    Any chance this move will result in bringing up their grading standards to match PCGS's? This is an opportunity to move the hobby closer to having consistent grading standards. They could easily move from #3 to # 2 very quickly.

    Missing My Life -PSA-Please Watch- 30 seconds could help someone you know

    "If I say something in the woods, and my wife isn't around to hear it. Am I still wrong?"
  • longtimecollectorlongtimecollector Posts: 2,368 ✭
    It's a "New Day" at ANACS............. again...............
    Cam-Slam 2-6-04
    3 "DAMMIT BOYS"
    4 "YOU SUCKS"
    Numerous POTD (But NONE officially recognized)
    Seated Halves are my specialty !
    Seated Half set by date/mm COMPLETE !
    Seated Half set by WB# - 289 down / 31 to go !!!!!
    (1) "Smoebody smack him" from CornCobWipe !
    IN MEMORY OF THE CUOF image
  • OPAOPA Posts: 17,126 ✭✭✭✭✭


    << <i>

    << <i>Apparently, it was purchased by James Taylor and his company, Driving Force on Friday >>




    Any chance this move will result in bringing up their grading standards to match PCGS's? This is an opportunity to move the hobby closer to having consistent grading standards. They could easily move from #3 to # 2 very quickly. >>



    Unlikely...if anything, their standarts would be in line with ICG. BTW, I disagree with your #3... In my book they've been #4 for a while.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭


    << <i>I guess if you had a choice between buying ANACS and PCI, ANACS would be the way to go. Wouldn't you think? >>



    Now if I was JT I'd buy PCI and retire it; RIP PCI.
    theknowitalltroll;
  • PQMorgansPQMorgans Posts: 727 ✭
    OK then from #4 to # 2 even better opportunity.
    Missing My Life -PSA-Please Watch- 30 seconds could help someone you know

    "If I say something in the woods, and my wife isn't around to hear it. Am I still wrong?"
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Any chance this move will result in bringing up their grading standards to match PCGS's? >>



    Taylor has been running ICG. We haven't seen their standards rise to match PCGS.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • Tyler1924STyler1924S Posts: 1,328
    Please tighten the grading back up and lose these.......PLEASE!!!

    imageimage
  • CladiatorCladiator Posts: 18,058 ✭✭✭✭✭
    ...drama...
  • NH484000NH484000 Posts: 591 ✭


    << <i>

    << <i>Just got off the phone with someone in the know who told me ANACS has closed it's Austin location and is moving to Colorado

    Who is the source? >>




    Someone who lost their job today. He gave his blessing for this post, but asked that I not give his name, so I will honor his wishes. >>



    Fired the day after Christmas? Damn that's harsh!

    I guess spending more time with his family is a worth firing the entire staff. Were any of the employees even given a chance to go to the new place?

    I hope no one there "goes postal".
    Looking to buy Morgans in ACG, INS, IGA, Old PCI photo, and Hannes Tulving holders.
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Please tighten the grading back up and loose these.......PLEASE!!!

    image >>

    Do you think the coin has wear? If not, why is it necessary to tighten up when an AT'd MS-60 is basically exactly what it is?
  • Wolf359Wolf359 Posts: 7,657 ✭✭✭
    Figures. Grades were due today on my order. I concur there's certainly an issue, the web site is not showing my order history and the 800
    number seems to be busy.

    Sheesh. I do hope all the many GOOD folks at ANACS are well taken care of.
    Multi-channel listings of coins and inventory management

    Free Trial
  • PrivateCoinCollectorPrivateCoinCollector Posts: 2,415 ✭
    Sounds terribly exciting. Takes huevos. I'll hand him that. Hope it all works out.
    Morgan HerdTO Gold Mine
  • numismanumisma Posts: 3,877 ✭✭✭✭

    What am I missing here? I thought that James Taylor was back at ICG. How could he purchase ANACS? Is he quitting ICG again?
  • CladiatorCladiator Posts: 18,058 ✭✭✭✭✭


    << <i>What am I missing here? I thought that James Taylor was back at ICG. How could he purchase ANACS? Is he quitting ICG again? >>

    A merge perhaps? ICANACSG???
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    Maybe he is going to merge ANACS with ICG. Together, they may be more formidable than either alone. It could be a "New Day" at ICG.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • longtimecollectorlongtimecollector Posts: 2,368 ✭


    << <i>It could be a "New Day" at ICG. >>



    And we all know how well that worked for ANACS image
    Cam-Slam 2-6-04
    3 "DAMMIT BOYS"
    4 "YOU SUCKS"
    Numerous POTD (But NONE officially recognized)
    Seated Halves are my specialty !
    Seated Half set by date/mm COMPLETE !
    Seated Half set by WB# - 289 down / 31 to go !!!!!
    (1) "Smoebody smack him" from CornCobWipe !
    IN MEMORY OF THE CUOF image
  • Wolf359Wolf359 Posts: 7,657 ✭✭✭


    << <i>What am I missing here? I thought that James Taylor was back at ICG. How could he purchase ANACS? Is he quitting ICG again? >>



    ICG / ANACS merger seems the most obvious thing.
    Multi-channel listings of coins and inventory management

    Free Trial
  • ksteelheaderksteelheader Posts: 11,777 ✭


    << <i>

    << <i>What am I missing here? I thought that James Taylor was back at ICG. How could he purchase ANACS? Is he quitting ICG again? >>

    A merge perhaps? ICANACSG??? >>



    My thoughts also.
  • WaterSportWaterSport Posts: 6,826 ✭✭✭✭✭
    I always understood that all those changes at ANACS, the ones none of us here liked, were done by James. I agree with Russ, I do not see things getting better and if James was so darn good, why is ICG not the end all to be all. Seems he let everything stay at ICG just as it was when he left. Did he learn his lesson? Hey James, If your listenning, Get rid of that crap new holder and get the grading back up to par. In case you had not heard, PCGS is raisng those variety fees, sounds like a chance to go head to head with the competition...but what do I know, I am just a collector.

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • UnknownUnknown
    This content has been removed.
  • sinin1sinin1 Posts: 7,500 ✭
    and then maybe they could buy PCI

    a merge with 3,4, and 6 frequently bumps result up to 1 or 2 - good luck with that
  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    What a mess...
  • StampAlarmStampAlarm Posts: 1,668 ✭


    << <i>

    << <i>

    << <i>Just got off the phone with someone in the know who told me ANACS has closed it's Austin location and is moving to Colorado

    Who is the source? >>




    Someone who lost their job today. He gave his blessing for this post, but asked that I not give his name, so I will honor his wishes. >>



    Fired the day after Christmas? Damn that's harsh!

    I guess spending more time with his family is a worth firing the entire staff. Were any of the employees even given a chance to go to the new place?

    I hope no one there "goes postal". >>





    Anytime from the 1st of Nov until a week after New Years would seem especially harsh with all
    the holidays and then recouping afterward. Geez, what a time to loose a job especially with
    the uncertainty of the direction of the economy.

    Maybe the ANA will now buy PCI!
  • IGWTIGWT Posts: 4,975 ✭
    Put ANACS and ICG together, rearrange the letters, and it's CAC'S GAIN. Coincidence? image
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    James retired from ANACS because it was either Colorado with his family or ANACS in Austin. Tough choice!

    The Anderson's have never sold a business, as far as I know, so I would suspect the ownership of ANACS is not changing, just the management.

    Perhaps James is being offered a stake in the business. We'll have to wait until the speculation clears to see what the deal is.

    As far as I know, James was THE driving force behind ANACS' success before he left and having him on board is a key ingredient to their future.

    I say, Way to go! Great business decision! Good luck James!
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • UtahCoinUtahCoin Posts: 5,351 ✭✭✭✭✭
    If you'll recall, during the last move, they temporarily lost a LARGE and VERY expensive set of Bust Halves
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • messydeskmessydesk Posts: 20,030 ✭✭✭✭✭


    << <i>Wow.

    My immediate thoughts and hopes are for one of the really good guys in the coin world, John Roberts. >>


    I'm not sure he ever actually moved to Austin.

    ANACS is, as a company, resembling a chicken with its head cut off somewhat.
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • BAJJERFANBAJJERFAN Posts: 31,098 ✭✭✭✭✭


    << <i>If you'll recall, during the last move, they temporarily lost a LARGE and VERY expensive set of Bust Halves >>



    Did they EVER find them?
    theknowitalltroll;

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