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 Replies: 22 / Views: 7,187 |
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Pillar of the Community
United States
5208 Posts |
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Bedrock of the Community
United States
11951 Posts |
Nice coins, thanks for sharing.
Can I ask, did you have to pay extra to have the
variety done?
And is that 1861 O ... the speared bud?
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I keep checking my account/order status.
They have had my coins for 17 days ... all it says is
Processing - Grading.
Getting excited about how the coins I sent in will grade.
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Bedrock of the Community
United States
94367 Posts |
If you have something valuable and want to have it properly graded with an eye to reselling it someday, DO NOT send it to ANACS - this is the amateur's choice.  |
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Pillar of the Community
 United States
7375 Posts |
Quote:
I got mine back yesterday. That was fast, thanks for sharing. Quote:
this is the amateur's choice. I understand why you would say this, but have to respectfully disagree. Some Morgan VAM experts would argue there is none better at it. |
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Bedrock of the Community
United States
11951 Posts |
Quote:
DO NOT send it to ANACS - this is the amateur's choice. My response would be, you should not make such a blank statement. With out knowing what coins and for what reason we are sending them, posting that we are amateurs is sort of insulting. |
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Bedrock of the Community
United States
94367 Posts |
GR58 - Perhaps you're right. Maybe I should have said "the gambler's choice." Anyone who has spent any time examining slabs has seen the remarkable swings and inconsistencies in ANACS standards over the past 25 years. There is a very good reason why ANACS discounts its prices and why ANACS slabs are not sold by many major auction houses. They are essentially unreliable, taken over a long history. No offense intended.  |
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Bedrock of the Community
United States
11951 Posts |
This post is about two free submissions that ANACS offered late June. All you have to pay is shipping and Ins. Having coins graded ... Even by ANACS , make them sell better on ebay. When a amateur like myself does the math, certain coin will sell at a standard level. Bidders like bidding on coins that have been authenticated. Using PCGS or NGC for certain coins will eat up around $30 of potential profit, vs ANACS. One of the coins I sent in, I had already sent into NGC, they would not grade it. I am hoping ANACS will. For me, of the 75 to 100 slabs I have, most of them are NGC. But I think not using all the available option in this hobby is wrong. Useing ANACS to authenticate coins, when they have a good promotion works for me. Also ANACS is very good a grading Morgan dollars. Taking us back to ...buy the coin, not the holder. |
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Bedrock of the Community
United States
94367 Posts |
Anything that you get "for free" will not have much value down the road. ANACS preys on the intermediate-level collector looking for a bargain slab (with little resale value). If that works for you, fine. Ask any experienced collector or dealer what he/she thinks of ANACS in the open market. You get what you pay for. Edited by Coinfrog
07/23/2015 7:48 pm
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Bedrock of the Community
United States
11951 Posts |
Sorry to try and explain .. I do not think you will get it. Quote:
Ask any experienced collector or dealer what he/she thinks of ANACS in the open market. But last try Who do you consider a experience collector? To start with, it is hard to find any two collector that thinks exactly the same way. For me ... I have been collecting since the 1960's. And have a large collection, over 20K coins, around 60 albums. For the past 3 or 4 years I have worked in a coin shop. Buying and selling coins everyday. So I work with collectors more than the average person. If we have a coin of the same type and grade in either a PCGS, NGC or ANACS slab, if a customer wants that coin I will sell him that coin. To me .. the real collectors buy the coin not the slab. ANACS is said to be the third largest TPG. That would mean many thousands of collector use them every year. I know I would not want to put all those collectors into a general group of amateur or gambler type collectors. Lastly, let's say you were going to buy a 1914 D Lincoln or a U.S. Trade dollar On ebay, both highly faked coins. There were two coins in your price range and in the same grade. One was raw and one in a ANACS slab. Which would you buy? |
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Pillar of the Community
United States
5208 Posts |
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Can I ask, did you have to pay extra to have the
variety done?
And is that 1861 O ... the speared bud? Yes speared bud. Of the 9 coins I have sent in that were varieties including my 4 quarter stock half dollars I was only charged once for attribution because they decided that the variety I had listed was not the correct one according to them. On the submission form I included the numbers from the CherryPickers Guide. Edited by jack jeckel
07/24/2015 5:02 pm
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Valued Member
United States
265 Posts |
I believe that the two biggest TPG's show more inconsistency, ie, PCGS & NGC, they grade a huge number of coins. Frankly I 'have felt that ANACS and ICG have been the most consistent. Right now on the forum is a 1885-cc Morgan graded MS65 and I AM SURE, that most would not grade it more than 63 |
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Pillar of the Community
United States
2589 Posts |
I think ANACS grades on the conservative side. I've sent many coins in for submission to them.
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Pillar of the Community
United States
5208 Posts |
@Coinfrog. Quote:
Anything that you get "for free" will not have much value down the road. ANACS preys on the intermediate-level collector looking for a bargain slab (with little resale value). If that works for you, fine. Ask any experienced collector or dealer what he/she thinks of ANACS in the open market.
You get what you pay for. How but this: you sign up for the ANACS mailing list today and come December they will send you an invite for their insider grading special. You choose 2 coins to send in and cough cough dig deep and come up with $21 to cover the shipping. You post your slabbed coins back from ANACS and then crack the same coins out and submit them raw to the TPG service of your choice and post the slabbed results. While there may be suckers (I mean high-level collectors since you mention only intermediate-level collectors buy ANACS) are willing to pay more for a label or marketing gimmick that does not mean that the quality of the service which you are actually paying for (authentication and accurate grading of the coin) is any less. See you in December. I'll post mine if you post yours. Edited by jack jeckel
07/27/2015 9:56 pm
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Pillar of the Community
United States
1095 Posts |
Jack Jeckel that would truly be awesome to see.
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Bedrock of the Community
United States
11951 Posts |
My insider grading specials post grades today. Will be shipping out tomorrow. Very happy with the two coins I selected and the grades. I had added a third coin and paid for a variety. Not happy with that one. At first they had told me they would slab it, that did not happen. Was my 1788 Vermont, I told them it had been silver plated or had a silver wash. No luck on that one. But they are sending me a free submission coupon for the misunderstanding. I am really happy with the other two. For $21.00 I have them graded, better then I hope for. And now if I was to list them on ebay, there will be less worry for bidders, because they are authentic. A friend sent two coins in at the same time as mine. One was a 1903 $5.00 Liberty. Before she sent it in, she was only offered $260. Now that it is in a MS-62 slab, she has a first offer of $310. I think that that is a nice jump for a $10.50 cost of slabbing. |
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Posted 07/23/2015 4:22 pm
