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Replies: 20 / Views: 7,871 |
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Pillar of the Community
 United States
4589 Posts |
The Colorado Secretary of State shows a new Trade Name filing for ANACS as of 9/9/2016: Filing 20161612738Which was filed by "EKW LLC", which was formed on 7/31/2015: Master 20151498572With a "Thomas F. Quinn" listed and a physical address identified by Google as ANACS. I knew ANACS was bought by Driving Force, LLC (James Taylor): Master 20071548111but the last periodic report was due 8/2015 (last filed was in 2014, so the entity is 'non-compliant'). Anybody know anything? -----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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Bedrock of the Community
United States
94367 Posts |
Wow - no idea!
How in the heck did you happen to find this info?
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Pillar of the Community
  United States
4589 Posts |
I'm working on a presentation for (someday) Coin Club on "Who invented Slabbing, a romp through the patent history". As part of it, I'm collecting source information about the people and companies and happened to hit the ANACS page to work on today. When you are looking for company information you search the Secretary of State for that State's database for the company name, people, etc. Happened to see the new filling.
-----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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Pillar of the Community
 Canada
5394 Posts |
I really could care less who owns ANACS, or if it recently sold, as long as they keep grading at their current consistent and conservative standards. Have been most pleased with the last five or six lots. Also they are one heck of a lot friendlier , very approachable and reasonably priced with a very acceptable turnaround time.
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Pillar of the Community
  United States
4589 Posts |
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.
They lost a $2m judgement in November 2014... that money has to come from somewhere...
-----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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Pillar of the Community
United States
968 Posts |
Not sure if it is at all useful for your presentation but when I was a kid my parents got me a 1909S VDB. It was graded by ANACS but the coin is still raw. They gave a post card type paper that has a black and white picture of the coin as well as the grade and authenticity. I still have it.
Anyway, if it is useful I can take pictures of it to send you. If not, that's fine too.
Edited by Saruma 09/19/2016 12:34 am
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Pillar of the Community
  United States
4589 Posts |
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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Pillar of the Community
United States
968 Posts |
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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Pillar of the Community
  United States
4589 Posts |
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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Bedrock of the Community
United States
17884 Posts |
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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Pillar of the Community
United States
666 Posts |
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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Pillar of the Community
  United States
4589 Posts |
-----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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Valued Member
United States
97 Posts |
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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Pillar of the Community
United States
5205 Posts |
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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Pillar of the Community
  United States
4589 Posts |
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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Pillar of the Community
United States
1963 Posts |
I have 11 free grades to ANACS. Can I still drop coins off?
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Replies: 20 / Views: 7,871 |