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 Replies: 19 / Views: 5,154 |
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Forum Dad
 United States
24182 Posts |
ANACS was indeed sold to Driving Force, LLC, of Colorado, owned by James. It's official.
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Pillar of the Community
United States
750 Posts |
Just got this email a little while ago:
ANACS has recently been sold by Anderson Press Incorporated to Driving Force, LLC, of Colorado, owned by James Taylor. The purchase was effective December 21, 2007 and the company is being relocated to suburban Denver, Colorado.
The office is currently closed for the holidays to allow time for the move.
Customers that had submissions at the Austin location please rest assured that they are being handled in the safest and most professional of manners as they are transported by armored service to the new office.
Business will resume and submissions will begin to ship out January 2, 2008. If there are any questions please don't hesitate to contact Mr. Taylor at: James.Taylor@ANACS.com
The new ANACS office will be located at:
6555 S. Kenton St, Suite 303
Englewood, CO 80112
1-800-888-1861
www.ANACS.com
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New Member
United States
34 Posts |
So ... wasn't Mr. Taylor working at ICG? Has he left them? Or does this suggest there may be some kind of merger in the works?
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Pillar of the Community
United States
6396 Posts |
I've heard nothing about any merger, but ICG is also located in Englewood, CO. Is that town big enough for two of the top four grading services?!?  |
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Bedrock of the Community
United States
14454 Posts |
I like it, you fire me? I will buy your stinking little company and fire all of you
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Rest in Peace
United States
2884 Posts |
It my eyes this can only be good news for the collector. I would love to see a merger of ANACS and ICG.(still a rumor) They would have the majority of grading services by varieties covered and have a great President at the helm. Congratulations James! I greatly anticipate his return as a guest on our forum. Susan and I have remained in touch with him this last year and hope we can get him back with things settle down a bit. Mike
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Forum Mom
United States
5877 Posts |
As I understand it, James has left ICG and is being followed by many of the employees there to ANACS. I can't tell you all how happy I am to see James behind the wheel of ANACS again. I have never made a secret of the fact that ANACS is my preferred TPG for accurate grading. Coincidentally, I had left a cell phone message for James wishing him Happy Holidays right before Christmas. At the time, I was not aware of his purchase of ANACS. It is my hope that he will be able to join us early in the New Year to bring us all up to speed on his acquisition and what we can expect with ANACS. I have already emailed him and asked him to respond at his leisure to set up another visit with us.  |
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Member
United States
3242 Posts |
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New Member
United States
34 Posts |
Yes, thanks Susanlynn9 for the info. I was really hoping this wasn't about a merger. I've always preferred Anacs, myself, though I've felt it's management had lately been inattentive. I do think there were some good people in Austin, so I hope Mr. Taylor was able to bring some of those along on the move.
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Bedrock of the Community
United States
14454 Posts |
I don't know, a merger between ICG and ANACS may turn that company into a #1 grading company. ICG has some of the best counterfeit detectors in the business and ANACS will attribute ALL VAM's not to mention you don't have to be in any club to send coins to them. But if some of the employees at ICG are following James to ANACS then this could still be the same scenario |
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New Member
United States
34 Posts |
I'm hoping for that 2nd scenario. There are some top graders at ICG; if Mr.Taylor brings some of them along, with his public relations expertise I think Anacs could crack the NGC/PCGS dominance, which is partly just a matter of perceptions anyway. My problems with ICG have to do with their questionable practices in the grading of modern issues for the telemarketers, and their failure to develop an online population report. Anacs already has the population report, and doesn't have the appearance of being beholden to (in bed with?) the telemarketers. What we really need, of course, is for the ANA to develop standards for the grading services that can be verifiably monitored and regularly (& blindly) audited ... but I suppose that is a subject for another thread. |
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New Member
United States
10 Posts |
There is quite a lot of new info in the new issue of Coin World... if you have the online subscription you can catch it today! |
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Bedrock of the Community
United States
12437 Posts |
quote:
My problems with ICG have to do with their questionable practices in the grading of modern issues for the telemarketers, and their failure to develop an online population report. Anacs already has the population report, and doesn't have the appearance of being beholden to (in bed with?) the telemarketers.
Sorry to burst your bubble, but have you ever watched "The Coin Vault" on Shop@Home or "Coin Collector" on HSN? It is not just ICG, PCGS and NGC slabbed modern coins are also sold by them as well. Unfortunately, ANACS has to be added to the list as they had 2008 Eagles on HSN during New Years day. You can't discriminate against ICG on the basis of grading modern coins for shopping networks since they are all "beholden" to them as you put it. Big customers pay the bills and the shopping networks more than likely spend seven or eight figures in grading fees. |
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Rest in Peace
United States
2884 Posts |
Just to reiterate some of the above info, HSN and Coin Vault sold PCGS and NGC slabbed coins exclusively for years. ANAC's and ICG stayed away. Robert Chambers(of Coin Vault Fame/infamy vowed that the only slabbed coins he would ever buy or sell were PCGS and NGC. My how things change! For many years they allowed you to chose, for the same price between PCGS and NGC. After PCGS pricing on resale started to distance itself from NGC they offered both, but you paid a premium for PCGS. Remember, it's all about money and TPGS, love em' or hate em' are just another business. Many of us play in the TPG's world while others of us chose to ignore them. Mike |
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New Member
United States
34 Posts |
I notice that Anacs "order status" - which was supposed to be back on line on January 4 - still isn't. Can't be too surprised if the transition is a little trickier than expected, I guess. Anyone have any new info (or gossip) about how the transition is proceeding? Or the turmoil between Anacs and ICG?
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Posted 12/28/2007 1:18 pm
