Early ANA / ANACS slabs
MusicAL
Posts: 107 ✭
Hello, everyone.
First, just a not of thanks to PCGS and the Collector's Universe for making this forum available. I have found it tremendously helpful in the past and have learned a great deal from its many knowledgeable contributors.
I am considering converting over a number of ANACS slabs to PCGS and am wondering if this is a wise move. The coins are part of my collection and I have no intention of selling at this point, but the reality is that I am increasing concerned about marketability in the event that this is the wish of my heirs. I am wondering if there is any general thought out there as to how ANACS slabs would measure up by today's standards, and if it is worth $25 (I think) per coin to have them recertified by PCGS (and risk a lower grade...or worse). These coins were all handpicked by me during my collecting fervor and many have been in my collection as raw pieces for many years before I had them certified. (I have no idea how long ago it was when I had sent these pieces off.) Any thoughts that the readers of this post could share would be very much appreciated. What I fear is that I might experience another less than glowing experience with these coins like my unfortunate SEGS conversions to PCGS experience. My faith clearly lies with PCGS!!
Another question...I have a few coins that I sent to PCGS several years ago that came back in "body bags" with a blue label inside the flip. Several were cleaned. I have the blue labels but am I correct in assuming that it would be an additional $25 if I wanted these coins encapsulated...or would PCGS offer that service at a lower rate if I submit the label with the coins? (I am assuming that complete recertification would be required but I just thought I would ask...just in case.) Here are obverse and reverse photos of 4 ANACS pieces. I have about 8 more but will have to go back to the bank...if anyone would like to see additional photos. Also, Image Shack has a new format of which I am unfamiliar. I hope I downloaded appropriate sizes for inclusion here.
Many thanks!!! Alan in Massachusetts MusicAl Please see my "oh oh" posts below.
http://imagizer.imageshack.us/v2/640x480q90/856/jn5g.jpg
http://imagizer.imageshack.us/v2/640x480q90/853/wtbu.jpg
http://imagizer.imageshack.us/v2/640x480q90/849/dr5v.jpg
http://imagizer.imageshack.us/v2/640x480q90/839/a6ud.jpg
http://imagizer.imageshack.us/v2/640x480q90/41/9p8e.jpg
http://imagizer.imageshack.us/v2/640x480q90/10/5ncv.jpg
http://imagizer.imageshack.us/v2/640x480q90/401/sewd.jpg
http://imagizer.imageshack.us/v2/640x480q90/202/0jwc.jpg
First, just a not of thanks to PCGS and the Collector's Universe for making this forum available. I have found it tremendously helpful in the past and have learned a great deal from its many knowledgeable contributors.
I am considering converting over a number of ANACS slabs to PCGS and am wondering if this is a wise move. The coins are part of my collection and I have no intention of selling at this point, but the reality is that I am increasing concerned about marketability in the event that this is the wish of my heirs. I am wondering if there is any general thought out there as to how ANACS slabs would measure up by today's standards, and if it is worth $25 (I think) per coin to have them recertified by PCGS (and risk a lower grade...or worse). These coins were all handpicked by me during my collecting fervor and many have been in my collection as raw pieces for many years before I had them certified. (I have no idea how long ago it was when I had sent these pieces off.) Any thoughts that the readers of this post could share would be very much appreciated. What I fear is that I might experience another less than glowing experience with these coins like my unfortunate SEGS conversions to PCGS experience. My faith clearly lies with PCGS!!
Another question...I have a few coins that I sent to PCGS several years ago that came back in "body bags" with a blue label inside the flip. Several were cleaned. I have the blue labels but am I correct in assuming that it would be an additional $25 if I wanted these coins encapsulated...or would PCGS offer that service at a lower rate if I submit the label with the coins? (I am assuming that complete recertification would be required but I just thought I would ask...just in case.) Here are obverse and reverse photos of 4 ANACS pieces. I have about 8 more but will have to go back to the bank...if anyone would like to see additional photos. Also, Image Shack has a new format of which I am unfamiliar. I hope I downloaded appropriate sizes for inclusion here.
Many thanks!!! Alan in Massachusetts MusicAl Please see my "oh oh" posts below.
http://imagizer.imageshack.us/v2/640x480q90/856/jn5g.jpg
http://imagizer.imageshack.us/v2/640x480q90/853/wtbu.jpg
http://imagizer.imageshack.us/v2/640x480q90/849/dr5v.jpg
http://imagizer.imageshack.us/v2/640x480q90/839/a6ud.jpg
http://imagizer.imageshack.us/v2/640x480q90/41/9p8e.jpg
http://imagizer.imageshack.us/v2/640x480q90/10/5ncv.jpg
http://imagizer.imageshack.us/v2/640x480q90/401/sewd.jpg
http://imagizer.imageshack.us/v2/640x480q90/202/0jwc.jpg
0
Comments
Obviously I did something wrong in my attempt at posting pictures. Thank you for making them "magically appear". They are "kind of" small so I think I will try again. My apologies for not knowing how to navigate this in the new Image shack format!
MusicAl
I tried "medium" but only the URL appears (again). It's back to the drawing board. Any suggestions...please??
Many thanks...and thanks for your patience with me!! MusicAl
Or, enter the URL directly in the text box where you enter your post, then put [ IMG] before the URL, and put [/ IMG] after the URL - and remove the spaces I put in the brackets.
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.
Thanks for the prompt replies. Very much appreciated. May I ask what appeals regarding the small ANACS slabs? Is there a reasonable market for them and will Ebay accept them in the Listing Title as they do PCGS and NGC? As I said in my first (messed up) post, I love these coins and have no intention of parting with them just now. However, at age 63 with some health issues, I'm just being practical and I want my son to get the best return when he inherits my collection (hopefully in about 50 years!!)
FadeToBlack, years ago I used Photobucket and was told that Image Shack was easier. Hmmmm....it wasn't too easy for this old geezer today. Maybe I'll just check out Photobucket again.
Thank you both, gentlemen.
Alan in MA MusicAl
Sunday January 19, 2014 4:38 PM
Hello, everyone.
First, just a not of thanks to PCGS and the Collector's Universe for making this forum available. I have found it tremendously helpful in the past and have learned a great deal from its many knowledgeable contributors.
I am considering converting over a number of ANACS slabs to PCGS and am wondering if this is a wise move. The coins are part of my collection and I have no intention of selling at this point, but the reality is that I am increasing concerned about marketability in the event that this is the wish of my heirs. I am wondering if there is any general thought out there as to how ANACS slabs would measure up by today's standards, and if it is worth $25 (I think) per coin to have them recertified by PCGS (and risk a lower grade...or worse). These coins were all handpicked by me during my collecting fervor and many have been in my collection as raw pieces for many years before I had them certified. (I have no idea how long ago it was when I had sent these pieces off.) Any thoughts that the readers of this post could share would be very much appreciated. What I fear is that I might experience another less than glowing experience with these coins like my unfortunate SEGS conversions to PCGS experience. My faith clearly lies with PCGS!!
Another question...I have a few coins that I sent to PCGS several years ago that came back in "body bags" with a blue label inside the flip. Several were cleaned. I have the blue labels but am I correct in assuming that it would be an additional $25 if I wanted these coins encapsulated...or would PCGS offer that service at a lower rate if I submit the label with the coins? (I am assuming that complete recertification would be required but I just thought I would ask...just in case.) Here are obverse and reverse photos of 4 ANACS pieces. I have about 8 more but will have to go back to the bank...if anyone would like to see additional photos. Also, Image Shack has a new format of which I am unfamiliar. I hope I downloaded appropriate sizes for inclusion here.
Many thanks!!! Alan in Massachusetts MusicAl Please see my "oh oh" posts below.
[
IMG]http://imagizer.imageshack.us/v2/640x480q90/10/5ncv.jpg[/IMG]
<< <i> May I ask what appeals regarding the small ANACS slabs? Is there a reasonable market for them and will Ebay accept them in the Listing Title as they do PCGS and NGC? >>
I like the small size of the economical early holders. They can be listed on Ebay (I just put one up this morning).
The market is reasonable, but expect a discount of perhaps 15% to 50% depending on series and grade.
I would leave a few contact names of reputable dealers with my heirs and trust them to assist in a equitable distribution.
Thank you for your suggestions. I tried to use the "little picture in a frame" and entered 8 photo URL's, one at a time, and I had success with the first 2 photos. The other 6 are in limbo somewhere. Oh well...small steps. In my next life...maybe I'll get a brain???
Alan MusicAl
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
What a great bunch of guys you all are!!! Thanks. Oh, I'm sorry for the triplicate posts!!! Slow learner.
MGLIKER, Heritage Rare Coin Galleries will get my collection for consignment (unless I decide to take it with me to the far yonder when I "pass"). I was a part time remote cataloger for them several years past, loved the work and they treated me well. Wish I could do THAT again...retired now from school teaching ...kidney transplant did THAT for me.
All the best!!
Alan MusicAl
<< <i>Keep 'em in the small ANACS holders. >>
Enjoy them as they are. If Heritage is in their future, they will guide your heir in whether to reslab and can send them in on his/her behalf. Don't sweat this now and enjoy them in these easy to hold slabs!
Nice coins by the way.
<< <i>I love the early Anacs/ANA slabs and seek them out. I see no reason for you to reholder them now, based on your post. Those that would cross to PCGS now, should cross 5 or 10 years from now. >>
Totally agree. I always liked the small ANACS slabs.
Worry is the interest you pay on a debt you may not owe.
I am pleased to read of so many fans of the old ANACS small slabs. I will hope for more replies and opinions but the consensus clearly is to keep my coins in the ANACS holders. Your opinions are very much appreciated and , may well save me a few hundred $ that I really don't want to spend just now.
Morgansforever..."fatty slabs" is a term I don't think I have heard for many years. Do I recall correctly that it refers to earlier NGC slabs...but aren't the newer ones STILL fatties? As you can tell...I have been out of the loop for a while...but I find this discussion MOST interesting and enjoyable. Guess I'll have to hit the bank again and compare some early NGC with a very few more recent ones I have (maybe 3 years old).
Thanks to all. Alan
I have oft been confused as to why green labels have a premium over the light blue ones...(and I believe there are various shades of light blue too???) What I have read is that the "standards were more strict" in grading in the green, earlier days of PCGS than they are currently. I don't know if that is true but if so, I find it troubling. So, were the standards for green labels too strict, or too loose for the blue? Why has there been a change in standards in the first place? I believe PCGS has a type set with examples of each grade (does NGC?). Of course there are SO many variables between individual coins and how they should be graded...but...is a coin in a green holder graded VF 20, for example, better than the same coin in a blue label? How would both coins compare to the PCGS type set used as the standard for each grade??? I just don't get it...but it seems to be pretty much accepted as "the way it is". If I resume my U.S. type set (saving for my grandson's college education now...he's almost 3 and we need to get going!!!) I guess I will hunt for green labels but how much of a premium should I pay? It's all a but foggy to me...in a perfect world, the standards would be the standards...no matter WHAT color the label. What happened??
Last month I posted photos of a 20 cent piece my neighbor's grandson purchased...in a blue PCGS slab. (I am currently his mentor for his senior graduation project and also responsible for his love of coins and collecting.) It was graded VF 20 I believe, but it was clearly a split grade...probably F 15 or so obverse, and maybe XF 40 reverse. I received many terrific replies to the accuracy of the grade and it was pretty much determined that the VF 20 was accurate because it MAY have been struck through grease or other substance or WAS, in fact, given the VF 20 because it was a split grade. In my 30's maybe, when I was aggressively building my U.S. type set, the rule was that a coin grades as the lowest grade if it was a split. Does anyone remember that or am I wrong? So, with the ANA grading book essentially memorized, I followed that rule to the letter when searching for my type coins. It was a bit of a challenge with early U.S. type, but I DID stick to it. This is before certification was in my radar and happily, most of the coins I sent in for certification years later did pretty well. (Except SEGS which I switched over to PCGS...how do you spell fiasco???)
Anyway...I ramble and apologize for the "tangent". Thank you all for your posts and sharing of your knowledge. Clearly I need to be brought up to date. I look forward to being educated...and this is the best place I'm sure.
Many thanks. Alan
Don't reholder them until you are actually ready to sell.
the same or higher than today's TPG coins. I've had very good luck with those....often selling for strong premiums while remaining in those orig holders. The later ones with the black logo reverse are a different story.
I rarely run into those that impress me as really solid for the grade or undergrades. But the ones from the early 1990's could have potential. The ones from around 1995-2008 aren't anything special imo. In fact, many
dealers and buyers consider those to be "raw" coins and it's not very often they will pay for the labeled grade. The gold foil coins have great liquidity and demand as long as they are obviously decent. The later ones are nowhere
near in that same league. If I had decent black logo'd coins I'd get them crossed now. In my mind it's actually easier to cross nice ANACS coins than it is nice NGC coins. The gold foil holders I would leave alone until the day
comes where you want to sell everything. Non-PCGS and non-NGC coins have little standing in today's market and have to stand on their own merits as if they were raw. Your local shops will sell these for all the money. But
I've yet run into any of them that would pay all the money unless the coins were wonderful and very high end for the grade assigned.
I am a fan of Rattlers and ANACS small white holders, So leave them in there current state.
*
Alan MusicAL
Thanks!! Alan... definitely SNOWED IN!
and if you really want to go back in time, look for these:
<< <i>For a guy who believes in buying the coin and not the holder, I have a very large proportion of small ANACS slabs and rattlers. >>
Those are the same type of coins/holders I collect.
After 40 years of collecting, I believe in paying a fair price for the coin but I collect the holder.
Here is The lowest serial number slab that I have ever seen and been able to find.
For this type of holder ANACS started with serial number 100
After some research time at ANACS the first 4 coins in this holder are:
s/n100 Morgan $ 1884-O MS-64PL
s/n101 Morgan $ 1885-P MS-63DM
s/n102 Morgan $ 1885-P MS-63PL
s/n103 Morgan $ 1885-O MS-64PL
:-)
I have been working on a type set of ANACS small white holders and have 20 different types of holders/labels combos.
The small white holder cover a time period of 1989 thru approx Feb 2005.
I have had some help with the slab expert and most people know who he is.
*
*
Alan
Here are 3 more of my ANACS slabs, and an NGC slab with a damaged half dime...it's the best I will ever own but when I sat down to determine the variety, I do believe that it is a Rarity 6, not that that means a whole lot. When I had it recertified, the variety number went the way of the old slab. Anyway, I'll reattribute it in time. I hope the images are clear (and not massive). I just peeked at the photos...not too bad if I do say so myself (and with help from some of you guys) but the 1/2 dime is better in real life and the details are a bit clearer.
Update...uh...duh...sometimes I'm not the brightest bulb in the string, the half dime is an LM-6. Says so right on the slab. I guess I paid for that notation...bad case of CRS here!!!
More Anacs photos to come. Alan
Here are some early slabs from 1990 or so, just after Amos Press bought ANACS and moved the company to Dublin, Ohio
I was lucky enough to find the four and in serial number order also.
*
Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
i am a newby on this site,just trying to contribute
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>Very pretty gem Morgan. Wished they all looked like this.
>>
...now that baby is BEAUTIFUL
Erik
I would keep the lions share of these as is
And I like these small white holder.
Just a common dollar with a low serian number.But Nice.
*
I am off, (with a YC) to a smallish show in Massachusetts tomorrow and I have been toying with the idea (probably dumb) of unloading my SEGS slabs (I think I have 6 left) that didn't make it into PCGS slabs. I don't think it's worth sending them on to NGC though I would LOVE to see how the 3 companies compare. Anyway, ANACS will be at the show tomorrow. I expect it will be just an individual for "sign up submitting" and not a grader...but I am wondering if there is any point in dragging the 6 pieces in and having ANACS take a whack at them. (Yes...I know...it's the coin and not the slab) but because of a MAJOR negative experience that I had with SEGS missing a counterfeit 1795 dollar years ago, I don't have much faith in their ability to "do the job" now. if I am wrong, I would be glad to take these words back.
What is the status of SEGS these days...have they become more accepted/accurate and reliable? I submitted about 20 coins when SEGS first opened for business and I am actually wishing them well...but I just can't get that taste out of my mouth from my $ coin experience. And, how is ANACS these days as far as reliability and accuracy?
Best to all.
Alan in Massachuseetts MusicAl