ANACS Question - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 8 / Views: 2,144
Henry M Smith Valued Member United States 337 Posts	Posted 01/27/2014 10:17 pm I am looking at some proof coins graded by ANACS as PR70 DCAM. Would you trust the grade? Report this Post to the Staff

basebal21 Bedrock of the Community 13014 Posts	Posted 01/27/2014 10:21 pm I wouldnt touch any of their modern coins. Their modern 70s have little to no premium in the market. PCGS/NGC are the only modern 70s that really matter. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 01/27/2014 10:46 pm I wouldn't touch anyone's 70, anywhere. There's too much popular misconception that a 70 is something special, reflected in ridiculously-inflated prices, when in fact it's a very reachable standard for modern minting. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 01/27/2014 10:51 pm I have no interest at all in PR70 coins made specially for collectors. If the mint can't keep production standards to the highest level, that is the fault of the mint, not us collectors. The U.S. Coin Digest (Krause Publications) has whole chapter "Don't be Fooled by High Grade Coins" ch.5), devoted to to this subject. I happen to agree with it. Report this Post to the Staff
westcoin Pillar of the Community United States 9792 Posts	Posted 01/28/2014 02:27 am I don't believe there is a coin from earlier than the 1950's that should ever grade MS70 - EVER! More modern stuff may, but I don't buy it nor do I collect it, most of my collected coins are from the 1793 - 1880, I would say nothing in that date is MS70 there are one or two that will come close but not many at all. "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 Report this Post to the Staff
jack jeckel Pillar of the Community United States 5202 Posts	Posted 02/01/2014 11:43 pm If you can buy a 70 cheap enough and have a buyer lined up to pay you twice as much as you paid go for it. Otherwise you are taking a gamble as others have posted MS / PR 70 coins with photos in the past of coins of visible flaws. Report this Post to the Staff
coinsaus Valued Member Australia 315 Posts	Posted 02/02/2014 12:12 am I have purchased 4 modern coins from PCGS and I would have only called 1 of those a ms-70. You have to virtually inspect the coins prior to purchase or you could lose a lot of money. Report this Post to the Staff
matthewvincent Pillar of the Community United States 3486 Posts	Posted 02/02/2014 12:46 am ANACS is reliable for circulated coins, but the MS grades belong to PCGS and NCG. Having said that, MS-70 is simply a fairy tale. I stick to AU grades. Just as nice for a third of the price, or even less. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 02/02/2014 01:15 am Perhaps the only example of a modern coin that would grade PR70 reasonably often would be the 2009 double eagle. This piece is essentially a piece of numismatic art, where the U.S. Mint did try hard to achieve the best that they could. The premiums originally paid (in part) explain this. I would be perfectly happy with a PR69, (if I wanted one), and I would doubt if there would be any difference in value between a 69 and a 70. Report this Post to the Staff
	Replies: 8 / Views: 2,144

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Third Party Coin Grading (TPG): PCGS, NGC, ANACS, ICG, ETC.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.