Anacs...ICG specials for about 30 coins nothing worth more thn $200

Discussion in 'US Coins Forum' started by darrowcrowe, Nov 13, 2013.

  1. darrowcrowe

    darrowcrowe Member

    Have about 30 coins Couple of Type "B" Washington quarters, 1970S small date proof cent, a Cameo 1967 SMS dime, Deep Cameo 1972 proof set and some circulated nice early date Buffalos. Who should I use. Maybe NGC also? Thanks everyone!
     
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  3. cremebrule

    cremebrule Active Member

    It depends on what you plan to do with those coins after they're slabbed. Are you looking to make a profit or sell them for some quick money? If so, then I would send them to either NGC or PCGS, since both are generally accepted as the most accurate and consistent TPGs and therefore cause coins bearing their names to be easiest to liquidate and sell. As far as (current-day) ANACS and ICG slabs go, I know that some people don't even consider them to be "legitimate" TPGs, and therefore treat their slabbed coins as raw or overgraded.

    If they're for your personal collection, then you should probably go with whichever plastic slab design you like best. :) Or keep them raw in your albums/flips!
     
  4. darrowcrowe

    darrowcrowe Member


    I was not going to sell them right away was going to keep for right now. Just wanted someone's else opinion as to grade and their specials sure looked good for fairly inexpensive coins
     
  5. xGAJx

    xGAJx Happy

    stick with only NGC or PCGS it isn't even worth getting graded by others (besides anacs) because its not relaible and well, isnt worth any fees. There treated liek their raw.And value as their raw.
     
  6. Sean the Coin Collector

    Sean the Coin Collector Active Member

    i agree with the above opinions ngc and pcgs are the best hands down and its just not worth it to have it done by anybody else !
     
  7. darrowcrowe

    darrowcrowe Member

    Good Advise. It is what I was thinking.
     
  8. darrowcrowe

    darrowcrowe Member


    Thanks! :)
     
  9. darrowcrowe

    darrowcrowe Member

    Thanks! :) I am a member of ANA and have membership with NGC so off they will go.
     
  10. Sean the Coin Collector

    Sean the Coin Collector Active Member

    Good Luck and be sure to post images when you get them back :)
     
  11. Tom B

    Tom B TomB Everywhere Else

    My opinion is that there is precious little market acceptance of either ICG or ANACS. Using either service, in my experience as a dealer, will leave you with coins that are less liquid and worth less money.
     
  12. Tinpot

    Tinpot Well-Known Member

    isn't ANACS considered quite a few notches above ICG? I always thought ANACS was considered the third best grader, not that far behind NGC/PCGS, but obviously my knowledge on this topic is pretty poor, so please correct me if I'm way off base.
     
  13. Sean the Coin Collector

    Sean the Coin Collector Active Member

    ANACS is above ICG but neither of them are really wanted and if you want quality you dont even give these two a look !!
     
    Tinpot likes this.
  14. Volante

    Volante Well-Known Member

    I've had the impression that ANACS and ICG are fairly even, with ICG taking a slight upper hand more recently whereas earlier ANACS slabs are closer to PCGS/NGC. Both of them are still far above the third-tier TPGs, like PCI, SEGS, SGS, etc, but a little bit behind the first-tier of PCGS/NGC. ANACS/ICG sell fairly close to PCGS/NGC on eBay, but apparently dealers aren't willing to give them the time of day.
     
  15. aubade21

    aubade21 Well-Known Member

    Not much left to add on the topic. However, one thing I will say for ANACS or ICG… if I'm bidding for a coin online, and the coin of is a strong target for counterfeits, I would feel much better having it slabbed with these two companies versus not at all. While I don’t give substantial credence to their grade, I do think they do a fine job in the authentication business. For that reason alone, I would pay a very small premium for particular coins.
     
  16. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    TomB's post was on the money. However, if for a variety not recognized by PCGS or NGC, ANACS can be a somewhat reasonable option if a designation is of great importance to the submitter, but this does not change the acceptance factor. Also, and as Aubade mentioned, IGC and ANACS plastic can give a certain level of confidence to buyers, but this brings up the question of if choosing a lesser TPG is going to be worthwhile in the long run. In certain instances it may work with very common material, coins that have little value difference from one tick to the next, or if selling to people who just want plastic, but for most coins worth the price of submission, it's best to stick with the top two.
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    No, it is not !

    That is what I would call a "leftover" belief. I say leftover because there was a time when ANACS was fairly well respected company, and many people remember that. They look at ANACS as being the same company that it was years ago because they are not aware of the changes that have taken place. ANACS has been bought and sold many times, and each time it was sold the company's grading standards were changed, and usually not for the better.

    In today's world ANACS is looked upon by people who know what they are doing as being equal to ICG, with neither one being worthy of any respect when it comes to grading coins.

    Now some folks just refuse to believe that because they remember the old ANACS. Well, that's why the new buyer kept the company name, so that could be played upon, counted on, to retain old customers and hopefully garner new ones. Had the company's name changed to something new, everything would have been different. There would be no familiarity, the new name would be suspect and the coins they graded looked upon with much greater scrutiny.

    The coins themselves are the evidence, look at them, compare them and you will quickly see that respect is not warranted.
     
  18. Victor

    Victor Coin Collector

    I'm in the minority as usual with my continued support of ANACS. Hey somebody has to like them!
    Right now the insider special is 10 coins for $119. ANACS has a representative at the local shows and he ships the coins for free. The special includes free return shipping.
    So it ends up costing $11.90 to have a coin slabbed.
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    OK, but what are you getting once you've paid that $11.90 ?

    I mean if it is pretty much universally agreed by knowledgeable collectors and dealers that ANACS over-grades, and or that they are more likely to slab problem coins as being problem free, and those things are pretty much agreed upon - are you really saving anything ? Or are you just wasting your money by using the company ?

    And please understand, my comments have nothing to do with buying a coin already in an ANACS slab. That is an entirely different situation, for in that situation you can examine the coin yourself and judge if it is worth the money being asked. Example, if the coin is in a 63 slab, and you think it is a 62, if they are only asking 62 money, then you stand to lose nothing.

    But spending your money to have them slab the coins, knowing that just about everybody is going to judge the coin as being over-graded or a problem coin - then why bother spending your money on that ?
     
  20. Victor

    Victor Coin Collector

    Doug,
    I respect your opinion and that of others. It has been a few years since I submitted anything and my concern is not for resale. If I purchase a slabbed coin [rarely] it is usually PCGS or NGC. The last purchase was a PCGS 1896-O Barber dime in G-4 from Bozarth.
    Years ago I bought a couple of estates. Much of it was raw and raw pre-1933 gold.
    My main concern was authenticity, not value or resale. As I paid quite a bit less than retail for these coins, I just wanted to know they were authentic. All came back from ANACS as authentic. I must say I have not learned to like the new yellow holders.
    That said, one of the primary reasons for my continued support of ANACS is due to the rep at the small show I attend. He will look at anything even knowing I'm not submitting.
    I teach a coin collecting class at a local adult education facility. Some of the students bring in coins to the show and I introduce the student to the ANACS rep. He looks at the coins and offers an opinion. It is because of this personal service that I support ANACS. No other TPG has a rep at these shows. If they did I may have an altered agenda.
    Because ANACS has such a discredited reputation, I must continue to mention their strongpoints.
     
    mark_h likes this.
  21. JAS0N888

    JAS0N888 Member

    Didnt the whole staff of ICG at one time go to ANACS and vice versa, i thought i remember hearing that awhile ago?
     
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