ANACS Guarantee - Coin Community Forum

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Author	Replies: 2 / Views: 7,947
Marv New Member United States 33 Posts	Posted 09/26/2006 4:12 pm quote: This Guarantee applies only to ANACS-graded platinum, gold and silver coins. It does not apply to the following: any coin in a damaged, unsealed or altered ANACS holder; any clerical error as to the description or grade of the coin; and, any "problem coins" that carry a "detail" and/or a "net" grade, as these are guaranteed by ANACS for authenticity only. This is taken directly from the ANACS web page. This is telling me that ANACS guarantee only applies to platinum, gold and silver coins. What is ANACS guarantee concerning all other coins? Report this Post to the Staff

James Taylor ANACS President United States 98 Posts	Posted 09/26/2006 7:12 pm Marv, I assume you are wondering about copper coins. With copper we guarantee the grade and authenticity, but not the color. Thus, if we downgrade a copper coin from 65 Red to 64 Red, we will make up the difference in value. This is different than if we change the grade from 65 Red to 65 RB. With reholdered coins going from the classic to ClearView holder, there have been a number of coins that we have paid the difference in value because the grade coin was downgraded. James Report this Post to the Staff
Marv New Member United States 33 Posts	Posted 09/27/2006 3:11 pm quote: Originally posted by James Taylor Marv, I assume you are wondering about copper coins. Thank you James for your response. However, the online written guarantee is explicit and I wasn't referring specifically to copper coins nor their graded varieties. I was referring to all coins. As it appears within the guarantee, it seems that ONLY bullion coins receive this guarantee. As we know all modern US coins are no longer comprised of silver except for the US Mint Silver Proof Sets to the exclusion of the Cent, Nickel and Dollar coins. What is the ANACS position on the guarantee of grade on All US coins to the exclusion of the bullion platinum, gold and silver coins? Thank you in advance for any further response to this concern. Report this Post to the Staff
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