What do you think of coins in older white ANACS holders?
ajman
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Are they well respected as far as the certified grades of this era of their history? What is the average of coins in these holders that can be successfully crossed into our esteemed hosts plastic?
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Once I bought a coin in a problem free small ANACS holder from Heritage. The coin turned out to have problems. When I spoke to a coin expert at Heritage, they said if a coin is in an ANACS holder, it is a problem coin in their eyes.
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Buy the coin, of course.
That said, I like the holder and feel comfortable with their authentication, and so when it's a piece I am interested in, I will look at the coins.
For circulated material and low Unc's (up to say about 63) I have found them to be relatively consistent with most series, and in keeping with market grading from the other TPG's.
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<< <i>My two cents, but "this era of their history" was long enough that a blanket statement doesn't hold (and IMO really none should).
Buy the coin, of course.
That said, I like the holder and feel comfortable with their authentication, and so when it's a piece I am interested in, I will look at the coins.
For circulated material and low Unc's (up to say about 63) I have found them to be relatively consistent with most series, and in keeping with market grading from the other TPG's. >>
I agree. I also see and hear other coolectors and dealers discount the validity of the coin...often without even checking it out closely.
<< <i>I have had good success with crossing bust halves from small ANACS holders to PCGS. But at the same token, there is a good amount of crap in the holders as well. I think a good percentage have already been tried to be crossed. I would not pay the same as if the coin was in a PCGS holder.
Once I bought a coin in a problem free small ANACS holder from Heritage. The coin turned out to have problems. When I spoke to a coin expert at Heritage, they said if a coin is in an ANACS holder, it is a problem coin in their eyes. >>
I have also seen "details" net graded coins in their holders but, I also see, in my opinion that the grading is fairly accurate and the holders themselves are becoming collectable in their own right. I'm also surprised that the expert at Heritage feels that way. I don't agree with them but that's just my opinion.
<< <i>My two cents, but "this era of their history" was long enough that a blanket statement doesn't hold (and IMO really none should).
Buy the coin, of course.
That said, I like the holder and feel comfortable with their authentication, and so when it's a piece I am interested in, I will look at the coins.>>
But like many have said, lately I have seen little left except overgraded or problem coins in these holders, guessing that the solid ones have long since
been crossed into a major holder.
TC71
<< <i>I have had excellent success in crossing these to PCGS.....much better than NGC. And a fair amount cross at a higher grade. >>
Ditto that, especially proofs. But there are exceptions.
In general the pre AMOS coins are better than the post.
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<< <i> I would not pay the same as if the coin was in a PCGS holder. >>
Really ?
I would not pay more for a coin because of the plastic surrounded it. Remember that it is the coin you are buying not the slab. If I am looking for an AU58 CBH, I don't care at all about the plastic holding her, I care about the coin. If it is a 58 I will buy her in any slab or raw. If it isn't a 58 I won't buy her regardless the plastic or raw. I value the coin and pay what I think is a fair price. I don't pay more or less for plastic...I'm a coin collector.
<< <i>Once I bought a coin in a problem free small ANACS holder from Heritage. The coin turned out to have problems. When I spoke to a coin expert at Heritage, they said if a coin is in an ANACS holder, it is a problem coin in their eyes. >>
I once had a guy tell me that a ham and cheese sandwich was better than a turkey breast sandwich. It was then I realized that I got exactly what I asked for....his opinion.
So did you.
I prefer to make up my own mind on things.
<< <i>I have had excellent success in crossing these to PCGS.....much better than NGC. And a fair amount cross at a higher grade. >>
<< <i>I once had a guy tell me that a ham and cheese sandwich was better than a turkey breast sandwich. It was then I realized that I got exactly what I asked for....his opinion.
So did you.
I prefer to make up my own mind on things. >>
Thanks. Now I have to clean this damn hazlenut coffee off my keyboard. Way to go.
Larry L.
years. Like anything, you still have to look at the coins.
<< <i>What's the source? If you are looking at leftover old holders in a dealer case, they've been picked over...if you're looking at an SDB full that have been in a collector's hands since they were graded, you have a potential gold mine...you also have everything in between. >>
This is the correct logic to use when looking at any older slab, end of story. The only exception is for very common date coins where the price jump to the next level is less or close to the price of submiting. I personally have several Morgans(from many TPG services) that fall into this catagory.
My Collection of Old Holders
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Jim
<< <i>About 20 years ago, I purchased 2 Indian Head cents that were graded as MSRD. I believe both had been dipped; one turned some really ugly splotchy colors after about 2 years. That was the end of buying ANACS coins for me.
Jim >>
You're naive if you think dipped and improperly rinsed coins have never turned in NGC or PCGS slabs.
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
<< <i>
<< <i>About 20 years ago, I purchased 2 Indian Head cents that were graded as MSRD. I believe both had been dipped; one turned some really ugly splotchy colors after about 2 years. That was the end of buying ANACS coins for me.
Jim >>
You're naive if you think dipped and improperly rinsed coins have never turned in NGC or PCGS slabs. >>
Very true Perry
He also can't fault ANACS for not seeing that if he didn't see it either when he purchased the 2 coins.
Bottom line, if someone buys a coin in ANY plastic for AU 55 money that says AU55 on the label and the coin isn't an AU55
who is really at fault for buying the coin?
Aren't we supposed to look at the coin that is in the slab?
If the coin in the slab is a 50 not a 55 then offer 50 money for the coin. If the seller says no then walk away.
If you can't see yourself that the coin is a 50 and not a 55 then look in the mirror to see the responsible party, don't just blame the TPG.
I have recently cracked numerous MS65 common Morgans and had great success with our hosts.
But . . my best was the 3 coin submission of ANACS 1st Gen white holders early on in my PCGS Registry days: (3 Lincolns)
1909-S VDB ANACS MS64RD -- to PCGS MS64RD
1914-D VF35 -- to PCGS XF40
1922 No 'D' ST Rev VF35 -- to XF40 PCGS
That submission also had a raw 1944 Walker that went MS66. It was a good day.
But . . I won't be cracking any DOILIES!!!!!!!!!
Drunner
(Doily Slut)
editied for spelling -- an English teacher should be able to spell 'Registry' !!!
<< <i>About 20 years ago, I purchased 2 Indian Head cents that were graded as MSRD. I believe both had been dipped; one turned some really ugly splotchy colors after about 2 years. That was the end of buying ANACS coins for me.
Jim >>
They turned in the holder, not from a dip but from the holder itself. I have a couple of Lincolns in my clip set that came from old (alpha-numeric serial numbers) ANACS holders, one was graded 65RD and it had turned all sorts of psychedelic colors. My personal theory is that a petroleum-based plasticizer leached out of the white part of the holder, though I have nothing to back that up.
Sean Reynolds
"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