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Has ANACS Been Sold Again?

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BStrauss3's Avatar
United States
4589 Posts
 Posted 09/18/2016  5:40 pm Show Profile   Bookmark this topic Add BStrauss3 to your friends list Get a Link to this Message Number of Subscribers
The Colorado Secretary of State shows a new Trade Name filing for ANACS as of 9/9/2016:

Filing 20161612738

Which was filed by "EKW LLC", which was formed on 7/31/2015:

Master 20151498572

With 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 20071548111

but 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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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/18/2016  5:44 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Wow - no idea!

How in the heck did you happen to find this info?
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BStrauss3's Avatar
United States
4589 Posts
 Posted 09/18/2016  5:59 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
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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Pacificoin's Avatar
Canada
5394 Posts
 Posted 09/18/2016  9:16 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
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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BStrauss3's Avatar
United States
4589 Posts
 Posted 09/18/2016  11:14 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
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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Saruma's Avatar
United States
968 Posts
 Posted 09/19/2016  12:32 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
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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BStrauss3's Avatar
United States
4589 Posts
 Posted 09/19/2016  06:25 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
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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Saruma's Avatar
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968 Posts
 Posted 09/20/2016  12:15 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
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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BStrauss3's Avatar
United States
4589 Posts
 Posted 09/20/2016  12:27 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
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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Conder101's Avatar
United States
17884 Posts
 Posted 09/20/2016  4:56 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

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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dd27's Avatar
United States
666 Posts
 Posted 09/21/2016  12:56 am  Show Profile   Bookmark this reply Add dd27 to your friends list Get a Link to this Reply

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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BStrauss3's Avatar
United States
4589 Posts
 Posted 10/24/2016  10:16 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
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/
Valued Member
United States
97 Posts
 Posted 12/18/2016  3:47 pm  Show Profile   Bookmark this reply Add afewmorecents to your friends list Get a Link to this Reply
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 Get a Link to this Reply
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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BStrauss3's Avatar
United States
4589 Posts
 Posted 01/08/2017  12:13 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
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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coin197's Avatar
United States
1963 Posts
 Posted 01/08/2017  12:54 am  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
I have 11 free grades to ANACS. Can I still drop coins off?
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