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1800 1/2 Cent Back From ANACS

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 21 / Views: 3,209Next Topic Page 2 of 2
Bedrock of the Community
United States
11951 Posts
 Posted 07/19/2016  12:08 am  Show Profile   Bookmark this reply Add GR58 to your friends list

Quote:
Just a quick question- why do you use ANACS? Is PCGS or NGC too expensive? Also, I saw there were companies still in business like SEGS, PCI , NTC, and others. Would you trust them?


I do like all the top three.

If a few of these coins were a couple grades higher, and problem
free, then I would have sent them to NGC.

My preference is, I would only use NGC and ANACS.

ANACS is the easiest to use, and offer good specials.

In my opinion I use ANACS for the lower value coins.
The $25 to $30 more per coin, to send them to NGC, is
not cost effective.

What I am learning is, it is very important to select the
right coins to send into be graded. Try to figure out the
worst grade you could get and evaluate if the cost of grading
is worth it to you.
Bedrock of the Community
United States
11951 Posts
 Posted 07/19/2016  12:13 am  Show Profile   Bookmark this reply Add GR58 to your friends list
I am very happy with the grade VF25.

In the pictures, that are blown up many times the size of
the coin, I can see where there might be some light corrosion on the reverse. In hand I really don't see any.

As someone else posted, I have seen early copper with more
corrosion in holders without "details"

I am happy that I sent this coin in, and still like how
it looks in hand. I think any future buyer would feel the same.
Bedrock of the Community
United States
11951 Posts
 Posted 07/19/2016  12:26 am  Show Profile   Bookmark this reply Add GR58 to your friends list

Quote:
ANACS has been tough lately. They seem to be in the "when in doubt, don't" grading zone. (Or did you make them mad or something?)


I can not think of anything I have done that would make them
mad ....


I am thinking it is as you posted and others .. they are
getting tougher on grading.
Pillar of the Community
United States
4416 Posts
 Posted 07/19/2016  08:25 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list
Personally, I agree with the grade, but I think corroded was too harsh a description. I'm far more troubled by the numerous, tiny marks. I'm guessing the EAC crowd would grade this F-12/15. Here's one that an EAC dealer told me was F-15 while I leaned toward VF ... (note that I used bright lighting as the color is darker)

1800-1/2-Cent-Back-From-ANACS

1800-1/2-Cent-Back-From-ANACS
Edited by ExoGuy
07/19/2016 08:30 am
Pillar of the Community
United States
1316 Posts
 Posted 07/19/2016  08:40 am  Show Profile   Bookmark this reply Add Collects82 to your friends list
Maybe they notation of the details here is because it is a higher VF grade, than say a VG. My understanding is certain things are tolerated as market acceptable in lower grades and go unreported, but this being a higher grade coin, they felt it needed to be noted.
Edited by Collects82
07/19/2016 09:08 am
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United States
5672 Posts
 Posted 07/19/2016  08:51 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list
It does look like there is light corrosion on the reverse at 3:00 that does not affect the desirability of the coin. Personally, I would probably overlook the minor corrosion if buying the coin raw with good photos, but having it in a slab marked details for corrosion would give me pause.
Bedrock of the Community
United States
11951 Posts
 Posted 07/19/2016  08:53 am  Show Profile   Bookmark this reply Add GR58 to your friends list

Quote:
I'm guessing the EAC crowd would grade this F-12/15. Here's one that an EAC dealer told me was F-15 while I leaned toward VF ...


Nice looking coin .. I too would be VF for that coin.

Experienced collectors know that EAC grades different than
main TPG grading. And the pricing should reflect such.

So really no reason to compare TPG graded coins to a EAC.
They have different grading standards.
Pillar of the Community
United States
4416 Posts
 Posted 07/19/2016  10:09 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list

Quote:
Experienced collectors know that EAC grades different than
main TPG grading. And the pricing should reflect such.


Granted .... My point is that the coins you are slabbing look better than ANACS seems to be describing them. Since they tend to be mid-grade, modest money coins, I have difficulty comprehending the rationale for slabbing them. I'm not an ebay seller though ... From my humble perspective, unslabbed coins like yours would seemingly draw higher bids. I'm gauging this opinion, based upon what I see the crack-out guys do.
CCF Advertiser
United States
1533 Posts
 Posted 07/19/2016  10:35 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list
My understanding is that EAC understands that planchet problems and corrosion are common enough in early copper that it makes sense to incorporate them in the grade and they net grade them as a result. The grading services don't do that which results in a lot more details early copper than other series.
Pillar of the Community
United States
4416 Posts
 Posted 07/19/2016  11:00 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list
My comments were aimed at all the recent coins posted by GR58 that drew ANACS detail grades. With regard to this 1800 Half Cent, I expect that an average collector wanting this as a type coin would pay the strongest price, were it outside a slab with a details grade.
Bedrock of the Community
United States
11951 Posts
 Posted 07/19/2016  11:46 am  Show Profile   Bookmark this reply Add GR58 to your friends list
All opinions are very welcome. Sometimes opinions and experience
will be a little different.

I have not posted all the coins I got back. Sometimes there are coins
that buyers feel better, as far as being authentic.

For example, a 1908 S Indian Head cent. I knew it was cleaned, I bought
it very cheap. I have seen a lot of fake 08 S IHC's.

Maybe I am funny, I would rather a buyer know what he is getting and
not be unhappy.
Pillar of the Community
United States
709 Posts
 Posted 07/19/2016  2:43 pm  Show Profile   Bookmark this reply Add Mike1487 to your friends list
Man GR58, I think you got the short end of the stick on all of these Details grades. They're all close to the Details border, but I wouldn't have slapped any of them with it. Tough break. To me they're all attractive coins.
Pillar of the Community
United States
4416 Posts
 Posted 07/19/2016  3:23 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list

Quote:
Maybe I am funny, I would rather a buyer know what he is getting and
not be unhappy.


That's an honorable attitude, GR58, yet I'm in full agreement with Mike1487 who wrote ...


Quote:
Man GR58, I think you got the short end of the stick on all of these Details grades. They're all close to the Details border, but I wouldn't have slabbed any of them with it. Tough break. To me they're all attractive coins.


There are far more positive aspects to these coins than negative ones. I'd be quite surprised if the future owners of these "decent but verbally downgraded" coins keep them in ANACS holders that accentuate such marginally negative attributes. Just my take ...
Edited by ExoGuy
07/19/2016 3:24 pm
Pillar of the Community
United States
7375 Posts
 Posted 07/19/2016  3:34 pm  Show Profile   Bookmark this reply Add edweather to your friends list
Yes, the details grade on this one was a bit harsh imo. Any minor corrosion is so old it shouldn't matter that much. Not like it's a dug coin or anything. Quite a few normal wear hits, but should have graded problem free. my .02
Bedrock of the Community
United States
94367 Posts
 Posted 07/19/2016  4:52 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
I've never been a fan of EAC's net grading approach - it's just another opinion, but based on different criteria than most people are used to. Just show me the coin first, please, and I'll consider outside opinions afterward.
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