Posted 02/20/2014 6:36 pm
Its really not kool aide drinking its just a reality of the market. The market reality is ANACS coins arent treated the same as PCGS/NGC ones. They sell for lower prices and of the top coins that are slabbed theyre almost exclusively in PCGS/NGC holders at this point. There was a time when they were all seen more as equals but that time has passed and the gap is growing. Fewer and fewer non details more expensive coins seem to be ending up in the new yellow ANACS holders. The old white ANACS olders are generally viewed more favorably than the new yellow ones though.
As far as is a vf 30 from them the same, the answer is really yes and no. There are ANACS coins that would cross over no problem and the more expensive the coin the more likely someone will try that with it. However, as long as its in the ANACS holder its not going to get PCGS/NGC prices. The only way to get PCGS/NGC prices is to have it in a PCGS/NGC slab.
Theres various reasons why dealers send different things to different services. The majority will send their strongest best coins to PCGS/NGC even when theyre cherry picking what goes to what service. Boarderline coins you may pick and choose who you think will be more likely to give the coin the benefit of the doubt for the higher grade or just send where ever is the cheapest at the moment ect. Everyone has their own reasons for why they do what they do but overall they would rather have everything in PCGS/NGC and be able to get the higher prices for it.
That said there are some nice coins in ANACS holders you can spot with a good eye and get cheaper. On the flip side though if you sell it the next person probably isn't going to pay much more than you did which was why you got the deal on it in the first place.
Its true theres always a percentage of coins from any company over and undergraded though the overall percentage is small.
But thats not what CAC does. They arent grading whether or not the grade is correct, theyre grading whether or not its a strong or premium example for its grade and its eye appeal which arose from discrepancies between bid prices and what dealers could actually get sight unseen. doesn't mean its graded wrong but you could have a very strong technical xf 40 or 45 even graded as an xf 40 but that doesn't necessarily mean itll be pleasing to what most people look for in eye appeal.
As far as is a vf 30 from them the same, the answer is really yes and no. There are ANACS coins that would cross over no problem and the more expensive the coin the more likely someone will try that with it. However, as long as its in the ANACS holder its not going to get PCGS/NGC prices. The only way to get PCGS/NGC prices is to have it in a PCGS/NGC slab.
Theres various reasons why dealers send different things to different services. The majority will send their strongest best coins to PCGS/NGC even when theyre cherry picking what goes to what service. Boarderline coins you may pick and choose who you think will be more likely to give the coin the benefit of the doubt for the higher grade or just send where ever is the cheapest at the moment ect. Everyone has their own reasons for why they do what they do but overall they would rather have everything in PCGS/NGC and be able to get the higher prices for it.
That said there are some nice coins in ANACS holders you can spot with a good eye and get cheaper. On the flip side though if you sell it the next person probably isn't going to pay much more than you did which was why you got the deal on it in the first place.
Quote:
You can NOT say PCGS or NGC automatically means the grade is correct. If that were true, you would not have a company grading the grades as CAC does.
You can NOT say PCGS or NGC automatically means the grade is correct. If that were true, you would not have a company grading the grades as CAC does.
Its true theres always a percentage of coins from any company over and undergraded though the overall percentage is small.
But thats not what CAC does. They arent grading whether or not the grade is correct, theyre grading whether or not its a strong or premium example for its grade and its eye appeal which arose from discrepancies between bid prices and what dealers could actually get sight unseen. doesn't mean its graded wrong but you could have a very strong technical xf 40 or 45 even graded as an xf 40 but that doesn't necessarily mean itll be pleasing to what most people look for in eye appeal.
