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morgans in old ana holders (update, it crossed)

stevebensteveben Posts: 4,635 ✭✭✭✭✭
are they pretty reliably graded? how much of a premium is due for the holder, if any?

i have my eye on one, and i will surely try to do my best grading the coin myself...but i am just wondering because i haven't purchased a coin in one of these holders before.

thanks in advance.

edit to add...here's the holder i am talking about...not the coin:

image

Comments

  • relicsncoinsrelicsncoins Posts: 8,103 ✭✭✭✭✭
    There is really not a premium with the holders. The old alpha-numeric serial numberered slabs tended to impart some bluish toning to the coin that can be appealing. Many of the conservatively graded coins have been cracked and crossed. There are probably some gems still out there, but for the most part what's left is stuff that is properly graded and not worth cracking or overgraded. Each coin needs to be evaluated individually.

    JJ
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
  • stevebensteveben Posts: 4,635 ✭✭✭✭✭
    ok...yes, i due plan on buying the coin, not the holder...but i wanted to know about the holder that's all. but it does help to know other, more experienced collector's opinions on these.
  • jayPemjayPem Posts: 4,082 ✭✭✭✭✭
    I think there are folks who like these holders quite a bit....probably not much of a premium, but if the coin is right, they seem to find buyers pretty quickly.
  • KoveKove Posts: 2,038 ✭✭✭✭
    These holders with the alphanumeric serial numbers and the ANA label on the back tend to trade on par with PCGS-certified coins of the same grade. Every so often you'll see one go for a premium at auction. Most coins are accurately graded by today's standards, but you do find overgraded coins in these holders, just like every other TPG.

    The white holders with all-numeric serial numbers and the ANACS triangle label on back can be hit or miss depending on the coin, but tend to trade slightly lower than an equivalent PCGS coin. These have been a target of the crack-out crowd for years, just like the NGC fatties and the older PCGS holders. Much of what is left in these has been picked over.

    I agree with the comment about the toning. These holders often toned Morgan dollars an attractive mix of indigo and magenta, and they can be very nice.


  • << <i>I think there are folks who like these holders quite a bit....probably not much of a premium, but if the coin is right, they seem to find buyers pretty quickly. >>




    I like those holders, I buy them when I can, they seem graded accurately, but I love the toning that they put on Morgans. Also as with OGH slabs, the coins in them seem to be undipped with a little bit higher eye appeal.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    My experience with 19th century silver coins in these early ANA holders (gold foil hologram on reverse) is that they are equal to the grading of PCGS and NGC of that same
    1990 era. Compared to today's coins they tend to be very solid for the grade to PQ, with upgrades quite common. I don't think these are as picked over as ogh's and rattlers.
    Many people still don't know about these holders and you will still see fresh accumulations show up at your local shops. I've yet to see a loser coin in any one of these holders
    and I've seen a few dozen of them. The problem is that most buyers today look at any ANA coin as less liquid as current PCGS and NGC. Many times they won't even notice if
    the coin in an old ANACS holder is really nice or not.

    This is one of the few areas left where you can get a free lunch from Santa. The grading is consistent and conservative. I'd buy one of these guys sight-unseen before any current
    holder, especially if it's been off the market for a long time. The OP's XF40 bust half dime is quite conservative for the grade. It looks similar to a lot of XF/AU50's I've seen. And it
    would bring a premium if offered to a knowledgeable buyer. It could even bring more if cracked out and offered raw.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • SpkrmakrSpkrmakr Posts: 107 ✭✭✭
    I am one that "buys" ANA holders. Don't be fooled. There is a premium just like a rattler or OGH if the coin has eye appeal and is nice. Though the Subsequent ANACS holder without bar code is desireable, the ANA is the one I want. Toning in these holders can be beautiful and they are seldom over graded. Do you want to sell me some because they are not pcgs holders? I will sure make an offer!
    Spkrmakr
  • MeltdownMeltdown Posts: 8,969 ✭✭✭✭✭
    My new avatar is in one of those little blue label ANA holders. I agree with most of the posts before me.
    These coins tend to be accurately graded by today's standards. I don't crack and re-submit much but have often thought
    about re-submitting this Barber dime... currently graded MS62
    image
    image
  • SwampboySwampboy Posts: 13,100 ✭✭✭✭✭
    Awesome dime Meltdown.image

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • stevebensteveben Posts: 4,635 ✭✭✭✭✭
    thanks everyone for their responses. it's much appreciated.

    oh yeah, that dime...WOW!!
  • seanqseanq Posts: 8,733 ✭✭✭✭✭


    << <i>
    I agree with the comment about the toning. These holders often toned Morgan dollars an attractive mix of indigo and magenta, and they can be very nice. >>




    Be careful with non-silver issues in those holders, though, because the toning doesn't look quite as appealing. I have a 1939-S Lincoln in my clipped date set that I cracked out of an ANA MS65RD holder, and it looks a lot like a proof cent from the early 1960s, with unnatural-looking irridescent toning. I've yet to take a decent photo of the coin but I personally don't find it at all attractive.


    Sean Reynolds


    P.S.: I will say the grading was spot-on.
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    I also like the first generation of ANACS slabs. You can pick up some nice coins, especially high-end circulated pieces.

    Meltdown ... nice dime. I think ANACS was fairly conservative on the grade.
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • greghansengreghansen Posts: 4,301 ✭✭✭
    I'm always happy to pick up Morgans in these holders when the coin is right for the grade. At least I know the coin hasn't been messed with for the past 20 years or so.

    Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum

  • Here's mine:

    image
  • stevebensteveben Posts: 4,635 ✭✭✭✭✭
    ok, you guys talked me into it! image here it is...i could not capture the beautiful toning that well, because you really need to have it in hand to move it around and see all it has to offer.

    imageimage

    maybe it's a 64...i don't know for sure because i am not an expert in this series by any means...but i have seen a lot of 64's that look a lot worse...so, it has that going for it at least. i don't think it's less than a 63. anyway, comments are welcome.

    thanks again for all the advice, and for making me drain my wallet. image
  • MeltdownMeltdown Posts: 8,969 ✭✭✭✭✭
    It looks nice. Even though the colors don't pop in the photo's, I can tell they're there.
  • stevebensteveben Posts: 4,635 ✭✭✭✭✭
    i wish i could get a photo that looks as good as yours does, meltdown. the toning isn't as nice as your dime, but it's in the same ballpark at least.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Very nice. Looks flashy and quite original. I suspect it's very clean for the grade and has 64+ surfaces or better. But the bit of weakness in strike in the
    centers is probably the reason for the 64 grade. It's nice when you can find much better dates in these holders like the 89-s Morgan. Not such a big deal when
    it's an 81-s or 84-0. This is the next best thing to finding one of these in an old rattler holder. And that doesn't happen very often. My best Morgan find in one of
    these holders was a 96-0 in an ANACS MS61 holder. I had no problem selling it in the holder for a sizeable premium because in 61 grade you rarely see the rarer
    O mints with blazing luster and no rub or heavy scuffing (ie really unc).

    I don't think you'll be disappointed with this purchase. I like it a lot.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • stevebensteveben Posts: 4,635 ✭✭✭✭✭
    roadrunner called it...it crossed at ms64+
  • magikbillymagikbilly Posts: 6,780


    << <i>My new avatar is in one of those little blue label ANA holders. I agree with most of the posts before me.
    These coins tend to be accurately graded by today's standards. I don't crack and re-submit much but have often thought
    about re-submitting this Barber dime... currently graded MS62
    image
    image >>




    THAT is MS-62? Call it any number you want - that is love!

    Eric
  • stevebensteveben Posts: 4,635 ✭✭✭✭✭


    << <i>

    THAT is MS-62? Call it any number you want - that is love!

    Eric >>



    yeah, even though i am happy with my result, meltdown's coin steals the show in this thread. the coin speaks for itself. absolutely gorgeous!

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