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1960 MS-69 -70 Franklin Half Info

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mklpatrick's Avatar
United States
580 Posts
 Posted 01/06/2009  10:02 am  Show Profile   Bookmark this reply Add mklpatrick to your friends list Get a Link to this Reply
What exactly is "angs"?
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lionsdog64's Avatar
United States
13 Posts
 Posted 01/06/2009  10:41 am  Show Profile   Bookmark this reply Add lionsdog64 to your friends list Get a Link to this Reply
anyone grading service I don't know but I do know is that someone makes there own slabs.
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wwhitman's Avatar
United States
1415 Posts
 Posted 01/06/2009  12:09 pm  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
to CCF.
Are you sure? Could it be ANCS?
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/06/2009  12:57 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
i do have a ms67 1885 Morgan that was graded by angs

Sigh...no-name basement "slabbers" give these lofty grades all the time and the grades aren't worth the paper they are printed on ebay has been filled with junk like this the past few years and it does nothing but prey on novices who do not understand the specific technical aspects of grading- these so-called "grading companies" are nothing more than alphabet soup, meaningless letters with nothing to back them up. It sounds like you might need some lessons in grading, may I suggest a few books- The Official ANA Grading Standards for US Coins, Photograde, and Making the Grade. Granted, those books will not teach you how to differentiate an MS66 from and MS67(that only comes from years of experience and handling thousands of coins) but you will certainly have a better grasp on what the grades mean.

A Morgan $1 in TRUE MS67 condition is minimally a $1000 coin(and in many cases a $10,000+ coin)and at that level, I would only trust two TPGs- PCGS and NGC, they are the market leaders. As far as other trustworthy grading firms for grades that are a bit lower(and less pricey), ANACS and ICG are the next two followed by DGS/PCI(PCI recently went out of business and reorganized with new owners as DGS but they have good backing) and SEGS. The Top 4(in order)by reputation are PCGS, NGC, ANACS, and ICG followed by DGC, PCI, and SEGS in the second tier. Virtually all others are not true third party grading companies with expert graders on staff- they are just dealers looking to make their won inventory more attractive by slapping it in a piece of plastic and putting an unrealistic grade on it.
Edited by biokemist6
01/06/2009 1:00 pm
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lionsdog64's Avatar
United States
13 Posts
 Posted 01/06/2009  7:17 pm  Show Profile   Bookmark this reply Add lionsdog64 to your friends list Get a Link to this Reply
[Nan]thank you first positive thing since ijoinded
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desertgem's Avatar
United States
860 Posts
 Posted 01/06/2009  9:51 pm  Show Profile   Bookmark this reply Add desertgem to your friends list Get a Link to this Reply

Lionsdog64,

Welcome to the forum! Most of us have been in similar situations in the beginning of learning. Experience and education takes time. Even with 30 yrs of experience, there are new things to learn every day. Take care,

Jim
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