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Are The Current ANACS Yellow Holders Net Grades On Details Coins?

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edweather's Avatar
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 Posted 11/18/2016  11:04 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
I know the older holders used to say "net" grade on details coins, but was just wondering if the current number grades on details coins are net grades, even though they don't say so.
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moxking's Avatar
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 Posted 11/19/2016  09:43 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I don't think so, in either the blue or yellow.

The net grading idea was one of the most confusing aspects of the early ANACS assignments. It intimated that it was okay to accept some pretty serious problems with a lower solid grade. It deviated so much from technical grading that it was virtually impossible for the average collector to estimate what any given coin might end up as.

The early obverse/reverse separate grading actually made more sense, although that practice has fallen by the way side.
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edweather's Avatar
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 Posted 11/19/2016  11:37 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Ok, thanks. It's still interesting that they put a number grade on details coins.
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 Posted 11/21/2016  2:24 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I think what they do is to take the apparent grade of a coin and assign the lowest value for that grade.

Meaning if it was an ms coin, but lightly cleaned they would assign it an MS60. Or if it were an VF coin then it would be assigned an VF20 grade.

I think they still look at the technical grade on these, rather than the market grade. Which in some cases would actually give it a higher grade.
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edweather's Avatar
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 Posted 11/21/2016  5:21 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
I like your theory, but the coin I'm referring to is an Indian Head 1894/1894 that has a grade of VF30 Details cleaning. Since it's only cleaning I should be able to determine the grade when I have it in hand. Will be interesting to see if it would be better than VF30.

http://www.ebay.com/itm/1894-94-ind...p=true&rt=nc
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BStrauss3's Avatar
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 Posted 11/21/2016  5:50 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I spoke with an ANACS rep at the show on Saturday. In general they do NOT net grade, however s/he thought it likely that mint state coins with problems are marked down too.
-----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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Cascade's Avatar
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 Posted 11/23/2016  09:00 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
I believe the yellow is their standard holders and blue is their holders for special big commercial orders like HSN
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BStrauss3's Avatar
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 Posted 11/23/2016  11:16 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
No Cascade...

Blue holders were the prior (now twice prior) ownership. Yellow is the current and prior ownership (Driving Force LLC) when they moved to Denver.

ANACS' about us page glosses over this

"In 1989 ANACS discontinued issuing photo certificates and began encapsulating coins in tamper evident plastic holders. A year later, the ANA board of governors sold ANACS to Amos Press, publishers of Coin World. In December 2007, ANACS was acquired by Driving Force, LLC, of Colorado and on January 1, 2008 was relocated to Englewood, Colorado, a Denver suburb."

In fact, Amos Press sold ANACS to Anderson Press in March 2005. Relocated to Austin in 2006 and was again sold as above.

http://www.anacs.com/contentPages/S...le.aspx?ID=9
http://www.numismaticnews.net/artic...ocates_anacs

ANACS is now owned by the mysterious EKW LLC.

-----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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edweather's Avatar
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 Posted 11/23/2016  10:41 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Just got the coin, and if it wasn't cleaned would probably be VF30...so it doesn't appear net graded....just straight grade/details.
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Cascade's Avatar
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 Posted 11/24/2016  11:35 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Thanks Burton
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