ANACS general estimate

So today i bought a Morgan Dollar 1878 8TF from my local coin dealer for 38 dollars. Sure maybe i over payed but with only 750,000 of the 8TF's being minted i figured it was worth a shot. So its in VF grade from the dealer and i want to get it encapsulated. Any idea how much ANACS would charge to do a general grade, and encapsulation of my coin?

Any success stories of people dealing with them?

Thanks.

 

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So you want to pay $40 to encapsulate a coin you paid $38 for. The first thing that come to my mind is WHY?

 

Sometimes ANACS has a special if you are submitting at least 10 coins of $12.00, otherwise for a pre 1964 US coin , it is $14, and since you want the 8TF ( variety designation , it is an extra $10, so $24 for coin and shipping both ways. Total will probably be more than the coin if only sending 1 coin. Go to their website, they have a .pdf submission form.

Jim

 

No reason in getting in graded, you would have been better off buying one that is already graded.

 

I cant find a 8TF that is graded and encaped...Plus my local coinstore didnt even have any other 8TF's and the binder was a good 3 inches full of them.

 

Hogwash.
There are 8TF Morgan Dollars in the market place. Not really in the lower grades, but in AU-MS grades, they are out there.
Do a search on eBay, or Heritage if you don't believe me.

 

Ok but i just want to know how long and how much for THIS 8tf morgan.

 

You are going to pay close to $40 in grading/shipping on a coin that you bought for $38 to get graded, that is dumb.
Let me rephrase what I said before;
You would've been better off buying another date that was already graded in a higher grade, or you could've just saved your money until you could afford an 8TF in a nicer grade, where you could buy one graded.
I also wouldn't really recommend a beginning collector sending coins to ANACS, or even buying a whole lot of coins from ANACS either.

 

Great minds think alike!

 

I think you would be further ahead to leave it in the 2x2 flip it's already in(assuming it is in one since most dealers place their raw, older coins in 2x2s)

 

Hunt1,

The coin will always be there, the same if you protect it. You can wait for a special, or wait until you have 10 or more to submit and deaden the postage a lot for each one. I understand the eagerness, and if you want to do it, it is your money. Probably most of us have traded savings for the rush of receiving a graded coin, except for those who wouldn't send anything to a TPG company. Good luck.

 

Is there any way i can get the coin like in a NGS or ANACS slab without it being graded maybe i just want the slab.

 

No, not really.
If you want it in plastic you can always put it in an airtite holder.

 

Of course you can submit the coin to NGC or PCGS. In fact, I think that is a much better idea than sending it to ANACS. Of course, I also agree with those folks who would tell you not to submit the coin since the certification and shipping costs will be substantial when compared to the value of the coin. Regardless, you can submit the coin through an NGC or PCGS authorized dealer, you can submit to NGC yourself if you are a member of the ANA or you can submit to PCGS yourself if you join their collectors club.

 

Do what I do, get some Coin World self slabs, work well for me. Nearly all my collection is in them & 65% of my coins arent worth sending in for grading.

 

Mat,

I was looking at these earlier and i was wondering, are these air tite?

 

No, they are not airtight. Additionally, no certification company provides completely airtight slabs, either, and this includes ANACS, PCGS and NGC.

 

I know this is a stupid question but what effects does air have on the coin, and are these good quality holders?

 

It can tone it.
(Not always a good thing)

 

The coin is VF? Air will have no affect on the coin under most conditions at this grade level.