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Thoughts on ANACS??

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  • burfle23burfle23 Posts: 2,383 ✭✭✭✭✭

    @Married2Coins said:

    @burfle23 said:
    Unfortunately I have found them lately to be behind the times in counterfeit detection and authentication...

    I own several counterfeits in their holders; this example was struck from dies made from a holed/ repaired genuine coin and it's not this one...

    They actually noted the suspected repair on mine but the source was repaired prior to the dies being made and is accounted for.

    Mistakes as this should be forgiven. Until researchers such as yourself discover the deceptive fakes, all the TPGS slab them.

    Not a matter of "forgiveness", but a huge error in my opinion by a paid for service. I own several others with a couple being actually rather obvious recently.

  • Married2CoinsMarried2Coins Posts: 675 ✭✭✭

    By forgiven, I expect fakes to get into TPGS slabs - at first until they are detected. I keep reading that the counterfeits are getting better and that must be true because you once published a survey of the all the fakes that got certified by the TPGS's. The TPGS have a guarantee that protects the submitter. That slab my be worth claiming the guarantee $$$$ of authenticity.

  • dhikewhitneydhikewhitney Posts: 466 ✭✭✭✭

    @coinguy96 said:
    I've noticed PCGS & NGC are around 3 months out on grading ECONOMY so it got me looking at ANACS, which has a 3-4 week turn around time. Would anyone send Franklin Proofs to ANACS? Thanks!

    I cannot think of a good reason. One assumes they are authentic and there is unlikely to be much upside for most pieces. For those truly exceptional coins, it seems worth it to go with the services that bring the highest bids.

  • Old_CollectorOld_Collector Posts: 153 ✭✭✭
    edited December 7, 2024 7:04PM

    @breakdown said:

    @Old_Collector said:

    @breakdown said:
    Without a real pop report, not sure how useful any grading service is other than for authentication. Just my opinion.

    Please expand on this, assuming that one knows what one is looking for? How is it not real, or not easy to use?
    Is the ANACS pop report any less real than other since lots of coins are broken out or crossed over? As an example of a coin that I am interested in they have extremely good information on their grading of 1936 DDO Ty1, 2, and 3 down to die pairs and have graded as many as anyone else.
    https://portal.anacs.com/Account/PopReport.aspx

    Link requires a login. Why would ANACS make their pop report for members only? If there is a way to access it without a login, please post.

    Membership does not cost anything.
    A free login does not make it not a real population report.
    That simply takes one step that your browser can remember.
    It is far more comprehensive than NGC for most items.
    By that logic GC, Heritage, and Stacks don't have auction archives because you have to log in to see the prices. ;)

  • oih82w8oih82w8 Posts: 12,253 ✭✭✭✭✭

    I crossed over a couple of ANACS coin holders with pretty close results. I just don't like their holders aside from the soap bar small holders.

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  • breakdownbreakdown Posts: 2,153 ✭✭✭✭✭

    Link requires a login. Why would ANACS make their pop report for members only? If there is a way to access it without a login, please post.

    Membership does not cost anything.
    A free login does not make it not a real population report.
    That simply takes one step that your browser can remember.
    It is far more comprehensive than NGC for most items.
    By that logic GC, Heritage, and Stacks don't have auction archives because you have to log in to see the prices. ;)

    Well, I tried and got an error message. Wouldn’t mind looking over their pop report but it doesn’t seem meant to be.

    "Look up, old boy, and see what you get." -William Bonney.

  • Huh. I typed up an entire multi-paragraph comment about my recent experience with ANACS grading, published it, but then after I went back and edited it to add some additional info, I must've included some inappropriate formatting because now the post is gone! :(

  • PeakRaritiesPeakRarities Posts: 3,822 ✭✭✭✭✭

    @joepabike said:
    Huh. I typed up an entire multi-paragraph comment about my recent experience with ANACS grading, published it, but then after I went back and edited it to add some additional info, I must've included some inappropriate formatting because now the post is gone! :(

    yea that happens from time to time. For me, it's usually the posts with some added links, what I do is copy the post before I hit "save" , but it's something you might as well get used to.

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  • goodmoney4badmoneygoodmoney4badmoney Posts: 1,240 ✭✭✭✭✭

    My thoughts on ANACS? I recently contacted them about a bulk submission of over 250 coins, customer service sent me a form that I filled out and returned, and then I never heard from them again. I assume they must have plenty of business already…..

  • BoosibriBoosibri Posts: 12,143 ✭✭✭✭✭

    I don’t think about them. They are broadly irrelevant.

  • PeakRaritiesPeakRarities Posts: 3,822 ✭✭✭✭✭

    Even if their grading is accurate now, there sub-par reputation is deeply embedded with on the collector consensus. Honestly, I could see them getting even less submissions than before.

    As a collector If you see a nice looking coin in second tierr holder, even you might almost agree with the grade on the label, you'd always have to hedge and buy it at least a grade back from that. So Anacs 65 that doesn't look too bad but for 64 money you give it a shot. Now that same coin is in a 64 holder, buyers are still going to want to pay 63 money because of learned behavior.

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  • I have a half dozen moderns in their possession now, due back around the middle of next month. But honestly? If you buy coins to keep in your collection (perhaps to get passed on to loved ones when you shuffle off this mortal coil), and you don't buy them for investment, and you just want them certified genuine with an idea of their worth, and you're not overly flush with cash... then why not ANACS?

    "Brother, can you spare a dime?" (Especially a 1975 no S proof?)

  • Russell12Russell12 Posts: 238 ✭✭✭✭

    @moursund said:

    @vulcanize said:

    Maybe it is the coin that is labeled wrong... 🤔

    Maybe a new kind of error?

  • Joe_360Joe_360 Posts: 1,710 ✭✭✭✭✭

    I just say no...

  • coastaljerseyguycoastaljerseyguy Posts: 1,381 ✭✭✭✭✭

    You might save some $ buying a coin in ANACS holder vs the other TPGs, if you can view in hand and agree with grade. But expect to lose vs FMV when selling, no matter if the grade is accurate.

  • burfle23burfle23 Posts: 2,383 ✭✭✭✭✭

    I still use ANACS for environmentally challenged early copper I want in a slab with a variety attribution. I send images and proof of of the variety with my submission.

  • yspsalesyspsales Posts: 2,409 ✭✭✭✭✭

    On occasion I stray outside the PCGS family.

    Just bought a modern DDO Kennedy Half at a bargain price.

    Authenticated inside a NGC slab because it was exceptionally nice and I wanted the variety.

    I bid way under for NGC, ANACS, etc... because of crossover fees and resale are always in the back of my head.

    Most coin varieties I seek can be readily found in PCGS holders.

    Would be cheaper buying NGC slab box and give my OCD a break.

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  • skier07skier07 Posts: 4,001 ✭✭✭✭✭

    ANACS provides an invaluable service for inexpensive coins especially with their ten for $100 promotions. When I was selling coins on eBay I found ANACS graded coins did significantly better than raw coins. They also grade significantly faster than PCGS and are present at smaller shows making it easy to submit.

  • RobertScotLoverRobertScotLover Posts: 956 ✭✭✭✭✭

    @Boosibri said:
    I don’t think about them. They are broadly irrelevant.

    Agreed and who ever doesn't understand this fact does not know how to grade coins imho

  • yspsalesyspsales Posts: 2,409 ✭✭✭✭✭
    edited December 25, 2024 12:10PM

    @RobertScotLover said:

    @Boosibri said:
    I don’t think about them. They are broadly irrelevant.

    Agreed and who ever doesn't understand this fact does not know how to grade coins imho

    No problem with ANACS service and quality.

    All of my crosses had no issues and came back one grade less in each case.

    But they might as well be raw on the resell.

    Sad but true.

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