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1800 1/2 Cent Back From ANACS

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GR58's Avatar
United States
11951 Posts
 Posted 07/18/2016  9:49 pm Show Profile   Bookmark this topic Add GR58 to your friends list Get a Link to this Message Number of Subscribers
This is another coin I got back from ANACS today.

Hoping for some opinions

1800 1/2 cent
(I think this coin looks better in hand than in picture)

1800-1/2-Cent-Back-From-ANACS

1800-1/2-Cent-Back-From-ANACS

There was something on the slab in this picture. Will try
for a better picture tomorrow.
1800-1/2-Cent-Back-From-ANACS
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YNumismetals Collector's Avatar
United States
354 Posts
 Posted 07/18/2016  10:02 pm  Show Profile   Bookmark this reply Add YNumismetals Collector to your friends list Get a Link to this Reply
Just a quick question- why do you use ANACS? Is PCGS or NGC too expensive? Also, I saw there were companies still in business like SEGS, PCI , NTC, and others. Would you trust them?
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westernsky's Avatar
United States
7618 Posts
 Posted 07/18/2016  10:06 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
ANACS has been tough lately. They seem to be in the "when in doubt, don't" grading zone. (Or did you make them mad or something?)

If that coin has corrosion on it, it must be well-hidden and on the reverse.

Maybe some of the EAC experts will chime in.

I feel your pain!
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 07/18/2016  10:21 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
For the past year plus ANACS has been very very conservative and consistent. Excellent value for money. We have been getting pretty good prices for ANACS coins lately. Also ANACS is most pleasant to deal with in person or on the Telephone.
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Jaobler's Avatar
United States
6384 Posts
 Posted 07/18/2016  10:31 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
"Corroded" is an extremely broad term, covering everything from minor localized pitting to thick verdigris covering most of the coin. Your Half Cent is on the "minor" end of that continuum. I've seen more severely corroded pieces certified as problem-free by both PCGS and NGC.

There ought perhaps to be some standard indication of corrosion severity. NGC for example uses a 1 to 5 scale to rate ancient coins for both strike and surface quality, with "5" being used for excellent strike and exceptional surfaces. If corrosion were rated from 1 (minor) to 5 (severe) your coin would rate no more than a 1.
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BH1964's Avatar
United States
10982 Posts
 Posted 07/18/2016  10:39 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
There is evidence of corrosion on the reverse. It is not severe and does not affect the eye appeal significantly IMO. Still, the assigned grade appears correct.
ANA #R3154474
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Slider23's Avatar
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4469 Posts
 Posted 07/18/2016  11:00 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I like the coin, but the assigned grade appears correct.
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GR58's Avatar
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11951 Posts
 Posted 07/19/2016  12:08 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
Just a quick question- why do you use ANACS? Is PCGS or NGC too expensive? Also, I saw there were companies still in business like SEGS, PCI , NTC, and others. Would you trust them?


I do like all the top three.

If a few of these coins were a couple grades higher, and problem
free, then I would have sent them to NGC.

My preference is, I would only use NGC and ANACS.

ANACS is the easiest to use, and offer good specials.

In my opinion I use ANACS for the lower value coins.
The $25 to $30 more per coin, to send them to NGC, is
not cost effective.

What I am learning is, it is very important to select the
right coins to send into be graded. Try to figure out the
worst grade you could get and evaluate if the cost of grading
is worth it to you.
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GR58's Avatar
United States
11951 Posts
 Posted 07/19/2016  12:13 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I am very happy with the grade VF25.

In the pictures, that are blown up many times the size of
the coin, I can see where there might be some light corrosion on the reverse. In hand I really don't see any.

As someone else posted, I have seen early copper with more
corrosion in holders without "details"

I am happy that I sent this coin in, and still like how
it looks in hand. I think any future buyer would feel the same.
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GR58's Avatar
United States
11951 Posts
 Posted 07/19/2016  12:26 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
ANACS has been tough lately. They seem to be in the "when in doubt, don't" grading zone. (Or did you make them mad or something?)


I can not think of anything I have done that would make them
mad ....


I am thinking it is as you posted and others .. they are
getting tougher on grading.
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ExoGuy's Avatar
United States
4416 Posts
 Posted 07/19/2016  08:25 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Personally, I agree with the grade, but I think corroded was too harsh a description. I'm far more troubled by the numerous, tiny marks. I'm guessing the EAC crowd would grade this F-12/15. Here's one that an EAC dealer told me was F-15 while I leaned toward VF ... (note that I used bright lighting as the color is darker)

1800-1/2-Cent-Back-From-ANACS

1800-1/2-Cent-Back-From-ANACS
Edited by ExoGuy
07/19/2016 08:30 am
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Collects82's Avatar
United States
1316 Posts
 Posted 07/19/2016  08:40 am  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
Maybe they notation of the details here is because it is a higher VF grade, than say a VG. My understanding is certain things are tolerated as market acceptable in lower grades and go unreported, but this being a higher grade coin, they felt it needed to be noted.
Edited by Collects82
07/19/2016 09:08 am
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Zurie's Avatar
United States
5670 Posts
 Posted 07/19/2016  08:51 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
It does look like there is light corrosion on the reverse at 3:00 that does not affect the desirability of the coin. Personally, I would probably overlook the minor corrosion if buying the coin raw with good photos, but having it in a slab marked details for corrosion would give me pause.
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GR58's Avatar
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11951 Posts
 Posted 07/19/2016  08:53 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
I'm guessing the EAC crowd would grade this F-12/15. Here's one that an EAC dealer told me was F-15 while I leaned toward VF ...


Nice looking coin .. I too would be VF for that coin.

Experienced collectors know that EAC grades different than
main TPG grading. And the pricing should reflect such.

So really no reason to compare TPG graded coins to a EAC.
They have different grading standards.
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ExoGuy's Avatar
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4416 Posts
 Posted 07/19/2016  10:09 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
Experienced collectors know that EAC grades different than
main TPG grading. And the pricing should reflect such.


Granted .... My point is that the coins you are slabbing look better than ANACS seems to be describing them. Since they tend to be mid-grade, modest money coins, I have difficulty comprehending the rationale for slabbing them. I'm not an ebay seller though ... From my humble perspective, unslabbed coins like yours would seemingly draw higher bids. I'm gauging this opinion, based upon what I see the crack-out guys do.
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Andrew99's Avatar
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1533 Posts
 Posted 07/19/2016  10:35 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
My understanding is that EAC understands that planchet problems and corrosion are common enough in early copper that it makes sense to incorporate them in the grade and they net grade them as a result. The grading services don't do that which results in a lot more details early copper than other series.
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