ANACS fall special... Oops.

Discussion in 'Coin Chat' started by Atarian, Sep 24, 2013.

  1. Atarian

    Atarian Well-Known Member

    10 for $125, free return shipping, US only. People on the e-mail mailing list got it for $119 a few weeks ago, but in the e-mail it did not say "US Only" so of course my order was about half and half.

    Anyone else do this?
     
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  3. geekpryde

    geekpryde Husband and Father Moderator

    Wont they honor it, since it was their mistake?
     
  4. Atarian

    Atarian Well-Known Member

    I e-mailed them this evening. I suspect so - they seem like stand-up folks, and certainly answer their e-mails quickly. I'll post an answer when I get it.

    No other takers on the 10 for $125? The return shipping from all three is usually astronomical. Wish PCGS would this every once in a while.
     
  5. rzage

    rzage What Goes Around Comes Around .

    One thing I can say for ANACS is they have some great employees , and their treatment of their customers is 1st rate especially next to PCGS .
     
  6. kanga

    kanga 65 Year Collector

    I don't know about ANACS or PCGS but I consider NGC first-rate.
     
  7. zachfromnj

    zachfromnj Junior Member

    i sent mine off on monday


    1916-D Lincoln
    1907-P V-Nickel
    1923-P Mercury *Toned*
    1917-P Type I SLQ
    1918-S SLQ
    1919-S Walking Liberty
    1921-D Walking Liberty
    1921-P Walking Liberty
    1887-P Morgan
    1900-P Morgan *Toned*
     
  8. Atarian

    Atarian Well-Known Member

    Mine are:
    5 Pesos 1947 Cuauhtemoc - Mexico
    5 Pesos 1948 Cuauhtemoc - Mexico
    10 Lirot 1968 - Israel
    5 RiechsMark 1939A - Germany
    C$1 1986 - Canada Train
    50c 1952(P) - BTW/GWC
    $1 1885(P)
    $1 1923(P)
    50c 1950-S - BTW - Toned
    $1 1888(P) - Toned

    BTW: they said they would take care of things... Not sure what that means but none will come back ungraded.
     
  9. zachfromnj

    zachfromnj Junior Member


    Seeing as its 50/50 American/World I think they will grade them all regardless for the deal price. They opened my coins on Thursday, was surprised to see an expected ship date of 10/24 almost a week longer than my previous order, I'm guessing they're busy with the deal.
     
  10. Atarian

    Atarian Well-Known Member

    Mine had an open date of 9/17 and expected ship date is 10/15. If that's accurate it beats my last PCGS order by over a month. And the PCGS order was one coin that they grade a LOT of.
     
  11. NorthKorea

    NorthKorea Dealer Member is a made up title...

    I don't see how ANACS is worth submitting to, even when you account for the ridiculous return shipping fees for PCGS/NGC.
    Here's my reasoning:

    10 variety coins

    ANACS: $125+$70 attribution fee = $19.50 per coin
    PCGS: $200+$240 attribution fee+$24 shipping = $46.40 per coin
    NGC: $170+$150 attribution fee+$34 shipping = $35.40 per coin

    Example coin: 1941 Large S Quarter

    ANACS: MS64 $33.50 (15 Sept 2013 eBay); AU58 $30.00 (16 Nov 2004 Heritage)
    NGC: MS66 $74.75 (7 Feb 2009 Heritage); MS66 $373.75 (8 Jan 2007 Heritage)
    PCGS: MS65 $322.00 (4 May 2010 Heritage); MS63 $69.00 (2 May 2010 Heritage)

    Based upon price history, it seems you lose out on about half the price (PCGS/NGC v ANACS) for $16-$27 saved in grading fees.

    It's hard to say, but if your coin is expected to grade MS65 (PCGS/NGC) or higher, you're better off submitting to PCGS/NGC. If your coin is expected to grade below MS64, it might not be worth the $19.50 ANACS submission fee, unless a rare coin that only ANACS will attribute. If your coin is borderline (MS63-MS65), it *might* be worth submitting to ANACS in the hope of getting a MS67 grade, but that seems VERY unlikely to ever happen.

    I suppose you could submit to ANACS for the purposes of grading/attribution for your personal collection or maybe to verify whether a coin has an old cleaning or market acceptable old cleaning, but for the purposes of resale, it seems to be simply not worth the money, at least for varieties that NGC would recognize. Also, PCGS seems to be pricing itself out of the attribution market, since the fees appear unjustified on the surface.

    I just noticed that ANACS will conserve coins for $12 per invoice. Depending on what conservation entails, it might be worthwhile to submit 20 problem coins (in need of conserving) under the special...
     
  12. zachfromnj

    zachfromnj Junior Member


    Why are you comparing different coins if you're making a comparison?
     
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  13. NorthKorea

    NorthKorea Dealer Member is a made up title...

    It's the same coin. Different grades, since those are the only data points I could find without attempting to be exhaustive about it. In fact, I think the NGC sales are for the same exact coin (serial number is exactly the same on the holders).
     
  14. zachfromnj

    zachfromnj Junior Member

    I haven't had any trouble buying/reselling ANACS slabs.. but who knows I think it depends on the type of coin in the slab, Morgan/Peace dollars are extremely popular especially common date MS coins, haven't noticed much of a price difference IMO selling.
     
  15. Atarian

    Atarian Well-Known Member

    None of the ones I sent are varieties, just common stuff that is debatable on whether it's worth grading or not (except the two 5-Pesos - those seem pretty high up the MS scale based upon others I've seen). That's when it makes sense to me to get them graded for $12 each plus no $8 fee plus no $25 return shipping. Plus with my batch of mixed I would have had $8 x2 and $25 return shipping x2.

    Not sure what this was trying to illustrate, the time period covers nine years and everyone's prices seem inconsistent. The NGC pricing is really perplexing as those two are graded the same yet are drastically different in price.
     
  16. Volante

    Volante Well-Known Member


    Yeah common date low-MS coins probably don't differ much in price, but I have noticed a significant price difference (between the second-tier services ICG/ANACS and the first-tier NGC/PCGS) for higher MS coins and keydates. However, I would still hazard a guess that a lot of eBay buyers aren't even aware that different TPGs have differing quality levels.
     
  17. Atarian

    Atarian Well-Known Member

    Holy crap - shipped. 11 business day turnaround.

    Starts pretty good and goes downhill quick! Not sure what went on with the 1885 - that was from a "BU roll" from a major seller I've not had problems with before.


    Date/Mint/Denom/Grade/Variety/Superlative
    1947 Mo 5P 66 MEXICO
    1948 Mo 5P 65 MEXICO
    1968 _ 10L 67 ISRAEL
    1939 A 5RM 61 GERMANY
    1986 P $ PF 68 CANADA PF VANCOUVER HC
    1952 50C 63 WASHINGTON-CARVER
    1885 $ MS DETAILS
    1923 $ 63 1950
    1950 S 50C 64 BOOKER T WASHINGTON
    1888 $ 63
     
  18. zachfromnj

    zachfromnj Junior Member


    You now have my hopes up that my order moves just as fast!!!
     
  19. Atarian

    Atarian Well-Known Member

    I hope it does. That was blindingly fast. They really seem to be on the ball.

    The 1885 details grade was for 'counting wheel damage'. I sure didn't see that when I sent it in. Oh well...
     
  20. NorthKorea

    NorthKorea Dealer Member is a made up title...

    I have been communicating by email with Paul DeFelice, and he confirmed that the ANACS conservation service is basically mild dipping.
     
  21. zachfromnj

    zachfromnj Junior Member

    Hopefully my grades will be posted soon, this is going MUCH faster than expected.. said it wouldn't be shipping until the 24th

    Screen shot 2013-10-10 at 10.24.01 PM.png
     
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