Anacs 2 free coin gradings

I agree with you, they are simply not respected in the hobby. I don't see the point in doing it. The ONLY good thing about ANACS grading IMHO is for Morgan and Peace Dollar collectors who are big into the VAMs. They are much more willing to attribute the coin, but their grade is worthless IMHO. From what I have seen, they are good when it comes to the VAM attributing.

NTC is know in the industry...and they are not respected. Some of their coins are graded accurately...but most are not. They are simply not worth the submission fee as it doesn't benefit you in anyway. If you're not using PCGS or NGC, just save your money and don't use any of them.

 

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I read that NTC is under new ownership. They created a new slab and seem to be grading coins much more accurately.

 

Didn't ANACS used to be a great service at one point? Perhaps there was a backdoor deal between anacs,pcgs, and ngc. The only way you get a reputable grade now is if you are part of the pcgs/ngc collectors club or become an ana member or authorized dealer.

Anacs was always open to the public. So for PCGS/NGC to make a lot of money grading they needed the collectors club and authorized dealer schemes to really take off so I bet they bribe ANACS and ANACS purposely grades poorly now but is allowed to attribute errors much better than NGC/PCGS so that they stay afloat.

It is just a theory that can't be proven but when you put the peices together it all makes sense. The old ANACS was the best grading service around. Now they are 1 of the worst and the NGC/PCGS authorized dealer and collector club memberships really took off and made them millions.

 

ANACS at one time was considered quite reputable. They were always considered a little below PCGS and NGC, but it wasn't that big of a difference. They have gone through ownership changes since then and have had a huge quality decline. It's that simple. There is no underhanded dealing or collusion going on.

That's all well and good...I haven't seen their recent work so I can't comment on it. However, their reputation in the industry is quite poor and that will take a lot of effort and time to repair (if it is even possible). Until then, I wouldn't spend any money on grading fees with them. My reasoning is, with PCGS and NGC you get a certain liquidity with your coins and there is value to that. You don't get that with NTC...simply because most collectors don't trust them. I want the submission fee I pay to give me some kind of positive return...I don't see that from NTC.

 

ANACS is good if you want to submit varieties not listed in the cherrypicker's guide.

Otherwise I would just opt for PCGS or NGC.

 

Here's an idea for ANACS. Accept NGC and PCGS slabs for attribution of errors/ varieties that the big 2 don't do. Add a sticker with the attribution to the existing top tier slab ala CAC, and voila, market acceptable grading AND variety attribution.

To the folks at ANACS - you're welcome, just send me a check.

 

That sounds like a lot of work. It's easier and more profitable to slap MS70/PF70 FDOI labels on HSN's coins.

 

ANACS is a perfectly acceptable grading company which grades just as tough as PCGS or NGC. They simply do not have the "marketed" buy back guarantee's in place that PCGS has (This is how CAC gained acceptance) and since PCGS is a Coin Dealers TPG, sellers are going to promote the slab regardless. Promotion comes in the form of disparaging ANACS or any other TPG.

 

In my experience, this is completely false.

 

* Here we go again on the merry go round.
This thread is about free grading and it didn't take long to turn it into an ANACS bashing.
Despite the negative opinions there are folks who actually like ANACS.
And there is nothing the negative nellies can do about it.
Tra-La Tra-La

 

ANACS was the first TPG and their early slabs have great overall quality, BUT they have undergone some major declines. Just watch HSN or QVC for their preferred grader.
You can buy ANACS, PCI, ICG coins and bust them out because sometimes the coins will sell for more raw...

 

Well I suggest you get a little more experience then.

Guess the grade:

 

My experience is quite diverse...thanks though.

 

HSN and QVC choose ANACS because, overall, the grading costs are cheaper. Otherwise, you can bet they'd use PCGS and NGC.

As for selling coins raw? I'd never ever again consider selling an MS68 Silver Eagle regardless of TPG. I'll bust it out and sell it raw. Folks NEVER pay a premium for an MS68 Silver Eagle.

The reality that folks simply refuse to understand or believe is that the MS/PR70 grade is as much a marketing gimmick as the First Strike™ slab label and "fault" can be found with ANY TPG.

 

Agreed! I was laughing when, in the Baltimore Show Report everyone was noticing the Baseball HOF coins coming back as perfect 70's from PCGS only 30% of the time and NGC 70% of the time....so everyone was cracking their PCGS 69's and getting them crossed at NGC as 70's. LOL! Moral of the story I suppose will always come back to "buy the coin, not the slab".

 

I used to like ANACS , but after seeing too many coins over graded not just 1 pt. but 2 , you start to realize they slipped way down . I definitely won't use them for grading but would use them for authentication if cheap enough . Though lately I'm even questioning that as their graders and authenticators keep changing .

 

If I were to see this I might have the same feelings however, rarely do folks post pictures of the coins which are accurately graded simply because, there's nothing to whine about.

PCGS overgrades as well as NGC. It happens more times than folks are willing to admit. This big difference is the buybacks.

I submitted the coin I posted earlier for grading and it came back an MS65! MS65??
I emailed PCGS wondering what they were thinking while pointing out all the surface hits? IMO, it was an MS63 and to be quite honest, I wasn't really sure I even wanted to submit it!

The response I got back was to send it back and they'd give it a second look.

I did and the response was MS64 and a payment of $100 to me. I refused the money requesting grading vouchers and hoped to hell that I could even sell the coin as an MS64.

That's Marketing.

 

I have to admit it seems NGC and PCGS are loosening their standards and market grading coins too freely . But still on the whole I think PCGS and NGC are the way to go , especially with selling . Maybe we should have a poll asking if one was to buy a coin solely by the grade on the slab without seeing the coin which would you choose . I'd bet PCGS would be 1st and NGC a close 2nd with ANACS and a few others a distant 3rd .

 

Are you serious?