how would you rate anacs grading today
greatnortherncoin
Posts: 412
would you buy a key date ?
dont send sheep to kill a wolf...
0
Comments
Tom
On the disheartening side was the number of NGC that I thought were either overgraded, or should not have graded, due to problems. Disheartening in that I own a substantial number of NGC coins from years gone by, and I hate to think they are killing their rep.
<< <i>I attended two shows this weekend and saw a LOT of coins....I saw a number of circ type, etc. in ICG and newer ANACs holders that I thought were right on, and clearly original. This was refreshing for me, as I had gotten used to ICG being pretty consistent at overgrading and had stopped looking at them. I also recently sold an AU55 bust half in an ANACs holder to a prestigious and popular PNG dealer here on the forum and they paid strong money for it.
On the disheartening side was the number of NGC that I thought were either overgraded, or should not have graded, due to problems. Disheartening in that I own a substantial number of NGC coins from years gone by, and I hate to think they are killing their rep. >>
I have to agree with this. From my perspective, NGC has gotten worse, while ANACS has gotten better, at grading, in the last several years. But at the end of the day, if you find yourself asking "do I think this will cross to PCGS?" that sort of settles the TPG game, if that is your game.
Tom
Where ANACS really shine is authentication. Michael Fahey and JP Martin are among the best authenticators in the business.
I'll use them for:
Varieties that PCGS & NGC don't attribute.
Varieties that the value is based on the attribution and a point or 2 in grade doesn't matter much.
Lower grade keys where authenticity is the main issue.
Cheaper coins where it's not worth paying a lot for grading.
I won't use them for:
High grade moderns.
High grade keys or coins where one grade matters a lot. (unless I'm sure it will cross and it's a bargain including crossing costs)
In general if I want a coin in a certain holder and grade I put a premium on coins already being in the holder I want.
Pete
Louis Armstrong
<< <i>would you buy a key date ? >>
Sure-why not? People think they are worth less money because they are not PCGS. They can save me money. Not all great coins are in PCGS holders yet. Some collectors just go with whatever is easier. Lots of breakout potential. Bob
I like the holder, respect the grades and until the recent Genuine grading/details thingy...had considered sending the entire Vermont copper hoard (11 pieces) to ANACS. Now, that has changed a bit.
My sampling mostly includes 19th and early 20th Century type in AU50 to MS63 grades.
For sellers, the downside are the non-believers. Therefore, for the knowledgable eye, there are some good picks in those holders.
Again, my opinion.
editted to add ... yes, I would buy a key date, but as always, an in hand inspection would be required
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
<< <i>Irrelevant >>
Don't they guarantee the authenticity of the coins they grade? What more could you ask for if there's a coin in one of their holders that you need for your collection.
Any examples of bad deals, ANACS coins not crossing, counterfeit coins in their holders........I think all grading have these problems.....right?
They have a great new holder with new features that solve a few problems other slabs still have.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>would you buy a key date ? >>
Yes, if the price was right and I agreed with the grading.
<< <i>As I have stated before, I have seen people selling anacs coins and heard dealers state, "I consider them raw coins." This makes me leery. >>
It should make you leery. Leery of the dealer. I would not sell anything to a dealer that would make that comment. There is only one reason for that comment. Thievery!
<< <i>As I have stated before, I have seen people selling anacs coins and heard dealers state, "I consider them raw coins." This makes me leery. >>
Most dealers will tell you anything to get a coin on the cheap. It's like any sport, they're not going to side with an opposing team that's trying to beat them at the game. The entire sideline was signaling a no catch in a fb game yesterday, do you actually believe one of them would give the catch signal?
There are quite a few here showing their colors when they say there's not a chance finding a great coin in the ANACS holder calling it raw. I say, they can't grade nor have any confidence in their collecting abilities! HA!
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>
<< <i>would you buy a key date ? >>
Yes, if the price was right and I agreed with the grading. >>
Best answer!
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>
<< <i>would you buy a key date ? >>
Yes, if the price was right and I agreed with the grading. >>
Agree and your answer also applies to NGC and PCGS graded 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
from moving higher right now, but I have found their grading to be spot on. It happens more and more
infrequently, but I love running into a small hoard of gold coins in the old white holders, especially the
ones with the gold hologram that were holdered in the late 1980's. Their grading of gold coins back then
was a bit "tight." Buying a $2.50 or $5 Indian in an AU-58 holder and selling it for MS-63 money will put
a smile on anyone's face.
Forgot to add -- absolutely, I would buy a key date in ANACS plastic. I have purchased several this year.
JJ
I don't have the patience required to play crackout games, or the skill required to play it well.