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 Replies: 14 / Views: 2,768 |
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Valued Member
United States
307 Posts |
I have five commemoratives that have been graded by ANACS in their old holders. These coins grade out MS64 and MS65. I would like them in new holders. If I send them to ANACS will they regrade them or just put them in new holders and give them the same grade. If I send them to NGC or PCGS will they be regraded and slabbed. What would you recommend. Thanks
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Bedrock of the Community
United States
10982 Posts |
I would ask why you want them in new holders? Normally you can submit coins to the original TPG for re-holder only. They would not be re-graded, but would be placed into new holders. The fees for this vary but you won't save much versus a re-grade (which often comes with a guarantee of no down-grade). As far as submitting to another service, the answer would depend on what commems you own. You could try to cross them at the current grade, but then run the risk of them not crossing, and being returned to you in the original holder you want to replace! You could also submit them as "cross at any grade" but then you run the risk of a down-grade unless you specify a minimum grade. There are significant expenses associated with each of these options. If you let us know what coins you have, we can give better input. |
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Rest in Peace
United States
5375 Posts |
The first question I would ask you is....how much are they worth?
I agree with bherring's advice in general, and yeah, tell us which ones they are!
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Valued Member
 United States
307 Posts |
My reason for wanting new holders is for eye appeal. The new ANACS holder looks better than the old ones. I also thought that the new holder would prevent further edge discoloration. The coins are 3 Oregon's, a Rochelle and a Bridgeport. I thought that new holders would increase their value.
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Valued Member
United States
76 Posts |
a perfectly good holder and graded coin and you want to reholder because of the appearance of the holder. makes no sense to me why changing the holder should have anything to do with their value. Now if you are talking about going from ANACS to PCGS or NGC, that is something else----but with the caveats already noted by others. If you are planning to resubmit to ANACS---I wouldn't.
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Valued Member
United States
307 Posts |
I was told that the reorganized ANACS grading was more in line with NGS or PCGS than previously recognized. I only wanted to try to better the value of these coins.
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Bedrock of the Community
United States
10982 Posts |
If you are only trying to increase value, then leave them as they are. You would probably lose money having these pieces re-slabbed. For example: Use a ballpark figure of $200 to have the 5 coins re-slabbed. You would need to increase each coin's value by an average of $50 to make this worthwhile and even it's a stretch when accounting for your time and effort.
If I'm not mistaken, and please correct me if I am, these coins are worth $200 to $300 each in MS64 or MS65. The only way I can see you possibly coming out ahead would be if PCGS crossed them all at their current grade and even then it's close to a wash.
If they were my coins, I'd leave them in the old ANACS slabs (which many people like). The rim toning imparted from these slabs is usually attractive and certainly shouldn't hurt the value of the coins. Best of luck!
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Pillar of the Community
United States
1534 Posts |
I agree with bherring. The older holders have more demand then their newer counterparts.
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Valued Member
United States
53 Posts |
I don't have an answer to your question regarding what ANACS would do but if you send into PCGS they must be in a clear plastic flip holder I believe. They won't break open a slab you send them to regrade or reslab it.
Also, like another member said, many older slabs catch higher premiums than newer ones.
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Pillar of the Community
United States
1534 Posts |
Quote:
I don't have an answer to your question regarding what ANACS would do but if you send into PCGS they must be in a clear plastic flip holder I believe. They won't break open a slab you send them to regrade or reslab it. PCGS will crack the slab open if they grade it and it reaches your minimum grade. |
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Valued Member
United States
307 Posts |
Reality finally set in. Thanks for your help. The coin speaks for itself not the holder it is in. I really appreciate your wisdom. Thanks ALL.
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Pillar of the Community
3660 Posts |
I disagree with the older ANACS slabs holding more value than the newer ones. ANACS, while being one of the more liberal grading companies in the past, is setting the standard for conservative grading today.
Contact Paul Defelice at ANACS to ask your question on reslabbing at the original grade. Personally, I rather doubt that they would recognize the grade assigned in their old slabs, due to the sale, restructuring and refocusing of the company a few years back.
paul.defelice@anacs.com
edited for proper name spelling....I am embarrassed.
Edited by zeewool
09/13/2010 1:08 pm
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Valued Member
United States
307 Posts |
Thanks for the info. I called ANACS and was told that they would replace the old holder with the new style with out regrading for $11.00 plus SH. If we wanted regrading of the coins that would be extra. Thanks for the input.
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New Member
United States
34 Posts |
One note: It is my understanding that when ANACS simply reholders into the new slabs they will use the "old" blue label (indicating the grade was determined under the old ANACS regime). If they actually re-grade the coins in the process of reholdering they will use the "new" yellow label. While I prefer the newer slabs to the older ones, the new, more conservative reputation of ANACS has much more to do with that yellow label than with the current slab.
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Valued Member
United States
307 Posts |
Reti, Thanks for the info. I am going to check that out. I thought that you would get the same grade with the new label. Thanks again!
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Replies: 14 / Views: 2,768 |
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Posted 09/09/2010 11:16 pm
