Did ANACS Make A Mistake Grading This 1922 No D ?

First, thank you everyone for the feedback so far.

Yes, I sent it to ANACS myself so the holder has not been tampered with. It really makes me angry that I paid extra fees for them to research and identify the variety.

AND now is the time to start reading the ANACS warranty very carefully. It starts out really good as they will buy the coin or pay the difference between the actual grade and the incorrect grade. Oh but, "This Guarantee applies only to ANACS-certified platinum, gold and silver coins and excludes bronze, copper and copper-nickel coins".

That only applies to the grading which is not in question. The problem is the ANACS does NOT guarantee attributions.




They do have something you can do if you think they blew the attribution... They say you can send it back in, pay the attribution fee again, and they will give it another try.




You paid us to attribute it and we goofed, so pay us again and we'll give it another try.

Just a quick update on this. I'll contact ANACS this week and let you know their response.

A friend who thinks it is a Die 2 suggested that maybe my cent was late die state and one of the last produced.

Does anyone know where I can find the # of coins produced after the reverse die broke and they replaced it with the stronger reverse? I thought it would be a small number and not enough to cause noticeable wear on the reverse but?

Back from a coin trip so here's a PCGS graded VF-20 1922 Plain with Strong Reverse. Note the extreme wear of the obverse die and the almost pristine wheat lines and stem of the wheat stalk on the reverse. There is absolutely no chance that yours is the Die 2 strong reverse. Please keep us in the loop on ANACS' response. Hope this helps. PG

I do not have this error or variety however one looks at it, but I would grade it an XF-40 w/weak reverse. I try and use PCGS grading standards when I grade a small cent. I also believe it is not a die 2. I only use PCGS for grading and slabbing my coins, but am not familiar with how they would have handled a mistake like this. I will have to look it up.

I think you got your "compensation", one free grading worth about $10. Like I said before their guarantee does not cover attributions or varieties. If you are able to get more than the free grading out of them you will be very lucky. Isn't it great we have the TPG's to protect us. What have you got now, nearly $100 sunk into this albatross? Sorry if I sound cruel, I don't mean to be, but I remember back when slabbing was palmed off on us they claimed it was to protect us and help keep us from losing money or being ripped off.

Ouch is an understatement.

I agree that it is painful for a coin to suddenly drop in value. It's obvious Anacs made a mistake when they initially graded the coin.

However, I don't see where full compensation is justified at this point. The coin is still in the hands of the original owner & has not been conveyed to another party who paid for the coin based on the attribution. The only loss is the perception of value & the cost to have the coin re-attributed. IMO Anacs should be on the hook for actual costs associated with the mistake. That entitles the owner to more than an Anacs gift certificate but not the difference between a Die 2 & Die 3 coin. Let me put it like this.....if you sent in an 1892-S Morgan dollar & it came back from the TPG in a slab marked 1893-S would you expect to be compensated for the price difference between the two?

A dishonest seller would have let the ebay auction run its course. There are plenty of buyers there who would have relied on Anacs attribution & paid market price for the slab. If/when they ever found out it was mis-attributed they would have been entitled to full compensation by Anacs.