How are coins in "old" ANACS slabs valued by the marketplace ?
longtimecollector
Posts: 2,368 ✭
Just got to thinking....... The PCGS OGH's are thought of in relatively high regard, as are NGC "fatties".......
Can the same be said for the "old style" ANACS slabs ????
edited for spelling.
Can the same be said for the "old style" ANACS slabs ????
edited for spelling.
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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
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Comments
ANACS coins from that era would tend to meet current PCGS/NGC standards or upgrade. Most of what I see in those older holders are more common coins like MS Morgans, Walkers, Saints, Mercs, Wash. qtrs, etc. I don't see many 19th century type coins in choice/gem. Very few of the gold foil holdered coins I see have problems that would preclude at least a cross. That is certainly not the case for ogh's and fatties. I hold the gold foil ANACS holdered coins in higher esteem than the top tiered TPG old holders. And one can usually buy them cheaper as well.
roadrunner
I love ANACS but just like PCGS you have to know the standards of the day since they seem to change.
Yogi Berra
<< <i>They are by me >>
Your avatar coin is/was in one when I owned it.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>I have a couple with two letters followed by four digits. Is that an older system than all digits? >>
Yes. The earliest ANACS slabs had a two letter prefix.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Back in the day almost all the High end errors went to ANACS
Those little white slabs sure do have some gems in them
IN FACT my Avatar is in one, ANACS MS 65, and I wouldn't take 4 times what I paid for it.
<< <i>I have a couple with two letters followed by four digits. Is that an older system than all digits? >>
I think the ones with letters were from the days when it was part of ANA. They're also slightly smaller than the newer small slabs and won't stack.
I value the older ones and some of the newer ones are nice too.
Many nice varieties live in those baby slabs.
<< <i>
<< <i>I have a couple with two letters followed by four digits. Is that an older system than all digits? >>
I think the ones with letters were from the days when it was part of ANA. They're also slightly smaller than the newer small slabs and won't stack.
I value the older ones and some of the newer ones are nice too.
Many nice varieties live in those baby slabs.
After, the ANA sold ANACS, the new company droped the two letter prefix but kept the same size shell. A few years later the new ANACS redesigned the slab shell by making it thicker to make it more sturdy. The new slightly larger slab will stack on top of the older smaller slab but not vice versa.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>You mean these ones? >>
YES!
And what PerryHall said.
<< <i>It ain't coolaid
Back in the day almost all the High end errors went to ANACS
Those little white slabs sure do have some gems in them
IN FACT my Avatar is in one, ANACS MS 65, and I wouldn't take 4 times what I paid for it. >>
Perhaps I should explain... my comment about koolaid was referring to all the folks who wouldn't touch an "old white ANACS holder" with a ten foot pole... and now there is actually a bunch of folks who search them out...
As much as some of your high end error coins may now be worth (looks really cool) some collectors now drool more over the old ANACS slabs regardless of what coin is inside them.
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About half of those are the really small slabs with the 2 letter prefix followed by the serial number.
Many of those coins will never be cracked out by me.
I'd rather buy another example of the same coin in a PCGS holder for my registry set than remove the coin from the slab.
But then, I've been buying these up for 5-6 years now and enjoying the discount the older holders afford me.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
<< <i>I am very wary of anything in the 6 and 7 digit holder that is still on the market. Many of these "old" holders have been picked over. I do like the old ANA holders. I do not buy the older is better myth!! >>
This half dime is one of my favorite coins, and I bought it less than six months ago (old picture came from the seller). I believe the coin will cross or upgrade.
Click on this link to see my ebay listings.
<< <i>I am very wary of anything in the 6 and 7 digit holder that is still on the market. Many of these "old" holders have been picked over. I do like the old ANA holders. I do not buy the older is better myth!! >>
I like the old white holders. I have a lot of them.
Like a lot of old holders, it depends on the source, and which generation of old holder a person is looking at. The old, old ANACS holders are from a different time than the commonly seen small whites. If the coins are part of dealer inventory and it isn't a fresh buy, the odds are decent that most of the nice ones have been picked out and what is left is not so nice. If that hasn't happened, it will after a very few sharp eyes go through that case. On the other hand, if the source is a collector that put them away a decade ago, or submitted them originally, and is selling the entire collection, the odds of nicer coins are higher.
No one seems to have mentioned it, so I will. Dealers often ask the same price for coins in ANACS holders, even though a good many dealers offer less if a person wants to sell ANACS. So there are times when selling to a dealer, the coin might have to be crossed to get the money out. This gets magnified as prices go up the scale. ANACS might have 3% market share at $100 value, and perhaps 0.3% at $3000 value. It is one thing to consider a $100 coin, another for a $3000+ coin. At the higher levels, the mistakes can be that much more expensive, and the crossover rate that much lower. Again, if a dealer has a nice ANACS holdered coin, he/she will often try to cross an expensive coin ($500 and up) before selling, because they know they can likely get more money in another holder. At the lower price levels, it may not be worth the time and trouble to do this, so the odds of a decent coin are higher.
As always, it is best to research prices, before spending big money. For a good many coins, there is a significant and measurable discount in prices realized for ANACS holdered coins vs. the big two. The difference often becomes wider as prices and grades go up. No one has to take my word for it, or drink any koolaid, the data is in the auction archives for all to see and examine. For some coins the difference is small or none, for some other coins the price difference might be double or triple. Best to check before bidding.
<< <i>I have many high end error coins in the little white slabs. The only way you'll get those from me is to pry them from my cold dead hands. >>
I've said it before... if PCGS actually designated all varieties instead of only CPG... they'd get more of my money.
I have quite a few old ANACS slabs in the hoard.
Steve
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<< <i>I keep my eye out for them and eagerly purchase them when I can find nice examples.
Rocketship luster walker!!
Awesome. Nothing to me can touch a high end merc or walker for luster on a silver coin in the 20th century. Something about the really "fresh" ones. I know people will say dollars or slq's, but consistently when an original roll is found the luster is always jaw dropping in those series.
<< <i>The "big boy" dealers never took ANACS seriously and still don't. >>
Which is great for those who actually collect nice coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Just got to thinking....... The PCGS OGH's are thought of in relatively high regard, as are NGC "fatties".......
Can the same be said for the "old style" ANACS slabs ????
edited for spelling. >>
Might be an "old style" ANACS holder, but judging from the fonts in question it looks to be of very recent vintage, so I wouldn't consider it "old". The blue-text white-label holders (as pictured in this thread) are where it's at.
I just cracked out 5 half cents from old ANACS and PCI slabs and sent them into PCGS; my first crackouts. I'll be curious to see where they wind up...
1/2 Cents
U.S. Revenue Stamps
<< <i>
<< <i>It ain't coolaid
Back in the day almost all the High end errors went to ANACS
Those little white slabs sure do have some gems in them
IN FACT my Avatar is in one, ANACS MS 65, and I wouldn't take 4 times what I paid for it. >>
Perhaps I should explain... my comment about koolaid was referring to all the folks who wouldn't touch an "old white ANACS holder" with a ten foot pole... and now there is actually a bunch of folks who search them out... >>
thats a great point !!!!
this is why i always BUY the coin and not the holder... i have 3 indian eagles all graded AU58, one pcgs, ngc , and anacs. the anacs is the best of them all. and would cross or up in grade by either other one.
also paid a hundred less for it....
"Newer" old ANACS holders ok , but not as desirable
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