Help with grading standards ANACS NCG PCGS
Papi
Posts: 1,189 ✭✭
I wanted to start this because I do not know the answer, if there is one.
Below is taken from another thread. This new thread has nothing to do with the coin being an error, it's about grading.
So, in your humble opinions, whether the coin was worth grading, or not, isn't the point of this thread.
If you can offer assistance, I'd appreciate any expertise.
<< <i>Speaking of grades. I've been trying to learn, on my own, by buying graded examples to compare. I have a ANACS MS67 002.
It has one bag mark on the face. On the reverse; the index finger, book spine, and knuckles have light contact marks. There's also a ding on the rim.
So, how many contact marks can a 68, 69, 70 have? I'm assuming a 70 is zero & probably doesn't exist in a business strike. So does that mean a 69 has zero also? >>
<< <i>An ANACS 67 would most likely equate to a PCGS 64 or 65. They are very loose grading moderns. I know because I submitted some DDR-13's that 67'd much to my surprise. A true 67 is would not have any noticeable marks in the primary focal areas. You are describing a typical PCGS 65 or 64. >>
I have an NGC WDDR-002 graded MS66, that has more obverse marks than the ANACS 67. So, who has "loose" standards?
That's why I'm trying to find out. What is the criteria? Are there a specific amount of acceptable marks for each grade?
It would be nice if it were as simple as
0 marks 70
1-2 marks 69
3-4 marks 68
5-8 marks 67
9-12 marks 66
etc etc etc
Below is taken from another thread. This new thread has nothing to do with the coin being an error, it's about grading.
So, in your humble opinions, whether the coin was worth grading, or not, isn't the point of this thread.
If you can offer assistance, I'd appreciate any expertise.
<< <i>Speaking of grades. I've been trying to learn, on my own, by buying graded examples to compare. I have a ANACS MS67 002.
It has one bag mark on the face. On the reverse; the index finger, book spine, and knuckles have light contact marks. There's also a ding on the rim.
So, how many contact marks can a 68, 69, 70 have? I'm assuming a 70 is zero & probably doesn't exist in a business strike. So does that mean a 69 has zero also? >>
<< <i>An ANACS 67 would most likely equate to a PCGS 64 or 65. They are very loose grading moderns. I know because I submitted some DDR-13's that 67'd much to my surprise. A true 67 is would not have any noticeable marks in the primary focal areas. You are describing a typical PCGS 65 or 64. >>
I have an NGC WDDR-002 graded MS66, that has more obverse marks than the ANACS 67. So, who has "loose" standards?
That's why I'm trying to find out. What is the criteria? Are there a specific amount of acceptable marks for each grade?
It would be nice if it were as simple as
0 marks 70
1-2 marks 69
3-4 marks 68
5-8 marks 67
9-12 marks 66
etc etc etc
0
Comments
In honor of the memory of Cpl. Michael E. Thompson
<< <i>It would be nice if it were as simple as
0 marks 70
1-2 marks 69
3-4 marks 68
5-8 marks 67
9-12 marks 66
etc etc etc >>
It could never be that simple. You also have to consider the size and location of the marks. You also need to consider strike, luster, and eye appeal of the coin.
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>Whoever made the comment about an ANACS MS67 equating to PCGS MS65 or 64 need to clarify which time period he/she is talking about. In today's time, this may be a true statement. However, 5 years ago, before ANACS was taken over by another company, this would have been a false statement. I've seen numerous MS65/MS66 Lincolns that upgraded at PCGS from the older (small white) ANACS holders. >>
Can you show a picture of that white holder? I would like to go after the coins graded in that white holder. Thanks.
Also, there is nothing wrong with ANACS when it comes to classics. They know how to grade them all. They are usually dead on in circulated grades from what I remember.
Every company has their plusses and minuses and you should learn to buy the coin and not the holder (as has been said many times over).
As PerryHall mentioned, one must also consider strike, luster, and eye appeal before determining a final grade. And, of course, the size and locations of the marks. If the marks are large and in the prime focus area, then you will lose more than a single point. You may go down two or three points. If the mark is a little rinky dink thing buried in Liberty's hair, for example, you may not lose anything at all for that one.
<< <i>
<< <i>Whoever made the comment about an ANACS MS67 equating to PCGS MS65 or 64 need to clarify which time period he/she is talking about. In today's time, this may be a true statement. However, 5 years ago, before ANACS was taken over by another company, this would have been a false statement. I've seen numerous MS65/MS66 Lincolns that upgraded at PCGS from the older (small white) ANACS holders. >>
Can you show a picture of that white holder? I would like to go after the coins graded in that white holder. Thanks. >>
Just do a simple search on eBay and you will see plenty of them.