TPG: ANACS Winter Warmer

I can't speak to that. I have never seen a coin in an ANACS holder than I knew was fake. If have seen some problem coins slabbed by them.

 

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I have seen problem coins in NGC and PCGS holders as well. (Just sayin') I own some. And I know NGC and PCGS make mistakes, too. No one is perfect.

But while the general feeling of the current market is that ANACS holders might be less trustworthy when it comes to grades, I feel that labeling ANACS as a waste of money is way too harsh. It's not an either/or good/bad wrong/right situation. Personal opinions are great - it would be great if more people thought for themselves and had their own opinions, instead of just repeating what others tell them is right. I happen to disagree with this opinion.

ANACS has its place in the hobby, just like PCGS and NGC. I'm not saying that I would send all my coins to them blindly - but for certain varieties I would most definitely send to them if I wanted them encapsulated/attributed.

 

That [authenticity] does not seem to be an issue. It's never been mentioned to my knowledge anyway.
The point is, despite a stubborn negativity by numerous individuals, ANACS continues to be in business. To me that indicates at least some people are happy with the product.

 

So do many of the other lower tier TPGs. Plus, ANACS does have one additional thing on it's side. At one time, they were a reputable company and were well respected.

 

This is the same uphill battle that has been going on for many years. Nothing has changed and the facts remain the same. I continue to support ANACS for what it is.
Of the 2 coins I submitted I think they were tough on grading both.

 

You are entitled to your opinion and you may use any grading service you want. It's your money and they are your coins...and if that makes you happy then I'm all for it. But what do you mean that "nothing has changed and the facts remain the same?"

 

*Well I think you have been on this board long enough to possibly recall past threads about ANACS? It's the same old issue, same pros and cons. Actually I'm surprised Tom B hasn't jumped in on the side of the prosecution :>)
As far as spending money, the 2 coins I sent were graded for free.

 

Well maybe not volumes. Down through the ages it is evident people will argue over mostly anything. Someone mentioned Ford vs. Chevy. Well I happen to like Chrysler or Mopar. I think of ANACS as an alternative, a valid third choice. Not PCGS and not NGC but a different choice.

 

I have been here long enough to know about ANACS. A company that at one time was held in high regard as a good TPG. But, those days have long passed. As for getting it for free...well, you get what you pay for. Their grading standards are not up to par anymore. If you are happy with them...that's perfectly fine. But, your personal opinion of the company doesn't change the fact that they are a subpar TPG.

 

When was the last time you tried them? They graded my 1964 proof Kennedy a 66. I showed the coin around prior to sending it in. Most people called it a higher grade. I think a 66 is a strict grading for that coin.

 

Oh baloney! Have you seen the coins? You are making assumptions which is not debating.

 

I may have found the coin in circulation, or (in my case) acquired it as part of a larger lot. I bid very low for coins that I'm unsure about, and lose most of the time.

If I go to sell one of these coins on (say) eBay, having it in an ANACS slab provides a reliable guarantee that it's authentic. Providing that guarantee encourages bidding from other people who "shouldn't be buying raw coins", thus quite possibly increasing my realized prices.

My prime candidate right now, unfortunately, isn't eligible for ANACS service. For some reason they, unlike NGC or PCGS, have stopped accepting holed coins for authentication. (It's a holed, engraved 1878-P Trade dollar, a proof-only issue. If it's authentic, as several dealers have said it probably is, it's still a valuable piece -- but I certainly wouldn't bid on it as an authentic coin if it weren't slabbed.)

 

If you want honest opinions then here are some from a full-time dealer:

1) You will likely have no better liquidity of your coins in ANACS holders than if you kept them raw.

2) Many, or most, dealers and collectors may wonder what is wrong with your coins that made you send them to ANACS.

3) They will generally sell for less upon resale vs. if they had been sent to NGC or PCGS.

4) Sending them to ANACS is a complete waste of money.

5) Some folks tilt at windmills, but the market has spoken loudly and consistently for the last two decades and it backs up what I have written.

 

There now we have it. The circle is complete with Tom B adding the closing arguement. until the next merry go round, carry on mates.
Again, there is nothing new to this old debate.

 

I realize we have a difference in opinion on this topic, but I just write honestly about what I see; which is what I expect that you do, too

 

Very well said. I agree with you 100%

 

Yes and I respect you opinion as always. Perhaps my agenda is different as I do not seek a profit with ANACS slabbed coins. As mentioned before many times I am fortunate to have an ANACS rep available at a local monthly coin show. He ships the submissions to Colorado for free. If NGC or PCGS had a rep at the show I certainly would use them. Cripes PCGS can have an office in Paris and China but can't send a rep to Auburn, MA!
Well you know this will come up again. I do not consider it an arguement but simply a discussion of various viewpoints. One concern is that with so much negativity extended toward ANACS, people will not give them a chance.