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Replies: 6 / Views: 1,143 |
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Valued Member
United States
416 Posts |
Hi all, so I won't name the shop here, but a well known place, they had a coin for me that is hard to find, and it was in AG3. I went to look and it turned out to be ANACS AG3 Details, corroded, looked horrible and needless to say I didn't buy it.
But the dealer was representing (verbally, just to me) as AG3 with no qualifiers. I guess technically it's not lying, it did say AG3 on the slab but the other big two graders don't put a number on their details coins, and it seemed shady to me, this could cause some to get fleeced. Any thoughts?
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Moderator
 United States
34393 Posts |
For sure it is important to look at the coin and not just the label, but it sounds like this guy was selling a half-truth by omitting the details designation. I'd bring my business elsewhere.
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Pillar of the Community
United States
7273 Posts |
Never buy a coin sight unseen. If you purchased that coin without looking at it, it could still have been AG3 and still looked terrible.
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Bedrock of the Community
United States
94367 Posts |
So let me get this straight, the coin had "AG-03 Details" noted on it, with no further description?
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Pillar of the Community
United States
4233 Posts |
In this case, AG03 Details or AG Details doesn't matter, since there's only one AG grade. Personally, I prefer the way ANACS does it. I'm not sure why you think that's "shady." The way the dealer presented it was somewhat shady, but not how ANACS labels them.
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Pillar of the Community
 United States
4587 Posts |
There was a brief time when ANACS would grade a coin
"F Details NET AG3" or similar
is that what the label says?
If so, you're talking about over 30 years ago...
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Valued Member
 United States
416 Posts |
Hey thank you for the replies. Nothing wrong w/ ANACS method (numeric grade on their details coins), they can do what they want, but I found it "shady" for the dealer to say they had an AG3 example for me to look at w/out mentioning the "details/corroded" part. I didn't agree to buy it sight unseen or anything, so no harm done except a little time wasted.
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Replies: 6 / Views: 1,143 |
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