@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.
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.
@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.
@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.
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!
@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.
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…..
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.
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.
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.
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.
Have done ANACS coins - like them. No I see no reason to discount bc of holder. I realize there is bias out there but it hasn’t affected my sales of what Anacs Material I have. Don’t let people BS you off bourse or lowball you on them / rip you.
@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
This implies that America's oldest grading service does not know how to grade coins and neither does anyone who uses them or agrees with the grade on their slabs.
@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
This implies that America's oldest grading service does not know how to grade coins and neither does anyone who uses them or agrees with the grade on their slabs.
I’m sure they can grade better than 95% of collectors, but the market treats coins in their holders as nearly raw. So while the service is less expensive, the perceived market value conveyed is limited. So why not spend a bit more, and wait a bit longer, to make your coins liquid in the market.
I have no problem buying coins <$200 in ANACs holders if the seller has very good pics. Bought many common date MS WLHs, and if a dealer, wouldn't hesitate to use them if slabbing a $75 coin to sell.
@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
This implies that America's oldest grading service does not know how to grade coins and neither does anyone who uses them or agrees with the grade on their slabs.
I’m sure they can grade better than 95% of collectors, but the market treats coins in their holders as nearly raw. So while the service is less expensive, the perceived market value conveyed is limited. So why not spend a bit more, and wait a bit longer, to make your coins liquid in the market.
Everyone who is informed knows that ANACS coins are mostly discounted but I do not agree that it because the coins are graded incorrectly - unless, someone thinks they are behind the times and are more strict than the top services. Older collectors look at the vast number of MS-70 SE in top slabs and consider the fact that they may not know how to grade. Nevertheless, I'll defend all the major TPGS's - they all have their plus and minus points.
i have a love hate relationship with ANAC. I love the old small holders. I thought they were the perfect size and way to holder coins. I hate the yellow holders. I find safety yellow to be very distracting.
i have had 5 great windfalls from selling coins. 4 of them came about because the coins were in anac holders and the dealers involved ( JJ Teaparty and David Lawrence), had no respect for the holders so they sold the coins for almost nothing. I am not a flipper but opportunity is opportunity.
My last expereience with sending coins to anac was a nightmare, but that was many years ago when the company was going through an ownership change so that was probably a one off in life. james
What I have found from many of bourse room competition if they submit to TPG x then those guys walk on water. Consistency - put their mouth where their money is.
Comments
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.
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.
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.
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.
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.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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!
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.
Founder- Peak Rarities
Website
Instagram
Facebook
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…..
I don’t think about them. They are broadly irrelevant.
Latin American Collection
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.
Founder- Peak Rarities
Website
Instagram
Facebook
Maybe a new kind of error?
I just say no...
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.
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.
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.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
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.
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.
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Have done ANACS coins - like them. No I see no reason to discount bc of holder. I realize there is bias out there but it hasn’t affected my sales of what Anacs Material I have. Don’t let people BS you off bourse or lowball you on them / rip you.
ANACS in 70s suits me for the modern NIFC bling—Moonlight Mint, too.
This implies that America's oldest grading service does not know how to grade coins and neither does anyone who uses them or agrees with the grade on their slabs.
I’m sure they can grade better than 95% of collectors, but the market treats coins in their holders as nearly raw. So while the service is less expensive, the perceived market value conveyed is limited. So why not spend a bit more, and wait a bit longer, to make your coins liquid in the market.
Latin American Collection
I have no problem buying coins <$200 in ANACs holders if the seller has very good pics. Bought many common date MS WLHs, and if a dealer, wouldn't hesitate to use them if slabbing a $75 coin to sell.
Everyone who is informed knows that ANACS coins are mostly discounted but I do not agree that it because the coins are graded incorrectly - unless, someone thinks they are behind the times and are more strict than the top services. Older collectors look at the vast number of MS-70 SE in top slabs and consider the fact that they may not know how to grade. Nevertheless, I'll defend all the major TPGS's - they all have their plus and minus points.
ANACS !!! Great service! Accurate grading! Darnfine people!
They have excellent grading teams and customer service. Useful for many coins until you get to tough coins in high grades.
All of my coins are in PCGS holders.
i have a love hate relationship with ANAC. I love the old small holders. I thought they were the perfect size and way to holder coins. I hate the yellow holders. I find safety yellow to be very distracting.
i have had 5 great windfalls from selling coins. 4 of them came about because the coins were in anac holders and the dealers involved ( JJ Teaparty and David Lawrence), had no respect for the holders so they sold the coins for almost nothing. I am not a flipper but opportunity is opportunity.
My last expereience with sending coins to anac was a nightmare, but that was many years ago when the company was going through an ownership change so that was probably a one off in life. james
What I have found from many of bourse room competition if they submit to TPG x then those guys walk on water. Consistency - put their mouth where their money is.
Authentication should be the primary use for grading companies
I see it as least likely to be corrupted