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Has ANACS Been Sold Again?

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 Posted 09/19/2016  06:25 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
That's an ANACS photocert from the pre-slab days and when ANACS was owned by the ANA. Google for Robert Paul's article to see many of the varieties.

Not relevant to a question about a 2015 sale of the Company.

As for the other, I have several varieties in my collection, but the photocerts were never patented. Although the first true slab patent does include a chamber for a photo.
-----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/
Edited by BStrauss3
09/19/2016 06:33 am
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 Posted 09/20/2016  12:15 pm  Show Profile   Bookmark this reply Add Saruma to your friends list
I had no idea my asking if a photocert from 1985 would be helpful to your presentation on the history of slabbing was not relevant to a 2015 sale of ANACS. Usually people appreciate when someone trying to help, even if they don't need what was offered.
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 Posted 09/20/2016  12:27 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
My original question was about a 2016 filing not 1985.

It's called topic hijacking and is semi-frowned upon (PMs work better for this). Yes it happens a lot. Sometimes it revives a topic that has petered out.
-----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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 Posted 09/20/2016  4:56 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
I think the ownership IS important.

Every time a grading company has been sold (this is mostly ANACS and PCI), there has been - shortly afterwards - a meaningful change in the quality & strictness of grading, and often not for the better.

It can also be important because a change in ownership can result in a repudiation of previous guarantees. For example after Driving Force bought out ANACS they would no longer stand behind the guarantee of the previous company. Their guarantee only applies to coins in the new yellow insert holder. And recently when SEGS reorganized and became an LLC they have used that as an excuse to renege ontheir guarantee on coins holdered before the reorganization (This was especailly troubling because it is the same people/owners just a company reorganization and it is not possible to tell if a coin was holdered before or after it occurred. They are still using the same slab design as before the reorganization.


And Saruma was not hijacking the tread (Frankly my comment above is more of a hijacking than his), he was offering assistance if you could use it.
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 Posted 09/21/2016  12:56 am  Show Profile   Bookmark this reply Add dd27 to your friends list

Quote:
And Saruma was not hijacking the tread ... he was offering assistance if you could use it.



If we start jumping on members trying to help, we'll turn this into a forum no one wants to visit.
Edited by dd27
09/21/2016 12:56 am
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 Posted 10/24/2016  10:16 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Driving Force, LLC is now non-compliant and about to be come delinquent in filing

http://www.sos.state.co.us/biz/emai...chTyp=ENTITY

http://www.sos.state.co.us/biz/Busi...passgo&pi1=2

EKW LLC has filed

https://www.sos.state.co.us/biz/Bus...=20151498572

but nothing beyond the agent's name and business address is disclosed.


-----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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 Posted 12/18/2016  3:47 pm  Show Profile   Bookmark this reply Add afewmorecents to your friends list
Any more new info on ANACS? They have cut back on some shows in Florida and seem to be lowering their rates disguised as "specials" to get some coins in. I'd hate to see them go out of business!
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 Posted 01/07/2017  10:48 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list
I hope not.

They are the only TPG keeping the Big 2 honest (or at least as much as they can be)

If ANACS goes under or is sold and the new owner runs than brand into the ground as fast as they can cash out slabbing their own coins and selling them on ebay ALA SEGS then PCGS and NGC can charge anything they want and make any membership rules they want if you want a coin in a slab.
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 Posted 01/08/2017  12:13 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
It's not clear if it's a reorganization, or a sale.

It *is* different ownership (and we know that with SEGS it got ugly).

But it's a big jump from a new name to PCI/Anthony J. Delluniversita level fraud (if you don't get the reference, see CIVIL ACTION NO. 2:12-CV-401)







-----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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 Posted 01/08/2017  12:54 am  Show Profile   Bookmark this reply Add coin197 to your friends list
I have 11 free grades to ANACS. Can I still drop coins off?
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 Posted 01/08/2017  08:30 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
There hasn't been anything said officially about a change in ownership. And certainly, other than heavy discounting, nothing operationally changed.

I would go ahead and use your certificate not worried about it.
-----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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 Posted 01/14/2017  7:14 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
Interesting, "James F. Quinn" the attorney listed as the new filer is a top rated insolvency expert in law, and handles many companies facing bankruptcies or insolvencies. There are quite a few named companies listed at his office address. Quite possibly he is the lawyer of record for a silent investor wishing to keep his/her name out of the press for now.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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 Posted 01/16/2017  11:50 pm  Show Profile   Bookmark this reply Add AES to your friends list
ANACS currently consistently labels a problem coin more accurately than any other TPG in my opinion. I certainly hope any change in ownership doesn't leave a skid-mark in their underpants.
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 Posted 01/17/2017  12:34 am  Show Profile   Bookmark this reply Add coin197 to your friends list
Well, I just got a nice group of dollars. I'm sending them it. Hopefully, they don't get mad at me for using free grade certificates every time I come in!
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 Posted 01/17/2017  04:22 am  Show Profile   Bookmark this reply Add joeysanders627 to your friends list

Quote:
And certainly, other than heavy discounting, nothing operationally changed.


If you were to send your coins in and ANACS went bankrupt, could they make your coins disappear and not be held liable? They could always say an ex-employee took them.
Edited by joeysanders627
01/17/2017 04:22 am
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