ANACS - questions about their grading

Discussion in 'Coin Chat' started by gbroke, Mar 9, 2011.

  1. gbroke

    gbroke Naturally Toned

    I want to take advantage of their current special. I couldn't seem to find information on their website regarding attributions. I want to send in some mrecury dimes and jefferson nickels. Do they attribute FB/FSB for the Mercs and do they fo FS/5FS/6FS for the Jeffersons? If so, would I have to pay extra for those attributions?

    edit: I actually do need to know if it is additional cost to have FSB or FS attributed? They mention those as designations, so I am a little unclear on that area of the grading. Either way, is it extra I wonder.:confused:
     
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  3. gbroke

    gbroke Naturally Toned

    Found it. Thanks! They do FSB on merc, and 5/5.5/6 Fs on jeffersons.
    Although I do not know if the FSB designation on the mercuries is for the upper and lower bands or the middle band.
     
  4. GeorgeM

    GeorgeM Well-Known Member

    What is the current special? I have a few coins I'd like to get authenticated &/or graded.
     
  5. gbroke

    gbroke Naturally Toned

  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    G, one of our former members specialized in Jeffs, so before you submit any of them to ANACS for the "full step" attribution, you might want to talk to him about the accuracy of the ANACS designations.

    Chris
     
  7. gbroke

    gbroke Naturally Toned

    Yeah, Paul was a big influence in me getting into my Jefferson nickel craze lol. I will hit him up on the other forum.
     
  8. rzage

    rzage What Goes Around Comes Around .

    I'm sure it's for all three , but as you know it's the middle band that counts . I wouldn't use ANACS
    now for anything but authentication , they've gone through too many owners to be consistent .
    rzage
     
  9. gbroke

    gbroke Naturally Toned

    Well thats not good news. I have never sent a coin in to PCGS or NGC because of the cost. I finally thought this would be a good opportunity to get some slabbed. grrrr
     
  10. -jeffB

    -jeffB Greshams LEO Supporter

    The only special I'm seeing is "Dollars and cents", for "any combination of 10 or more US dollars or small cents". This would seem to leave Jeffs and Mercs out in the cold...?
     
  11. gbroke

    gbroke Naturally Toned

    Oh man, goes to show how much I pay attention. Well I guess this thread is now pointless. Thank a lot Jeff!
     
  12. Shoewrecky

    Shoewrecky Coin Hoarder

  13. GDJMSP

    GDJMSP Numismatist Moderator

    Well that depends. PCGS only looks at the middle band. NGC looks at all three. I'm not sure what the new ANACS looks at.

    But I agree with you 100% that I would not use them. Their over-grading is far worse than the others.
     
  14. gbroke

    gbroke Naturally Toned

    Thanks for the link shoewrecky. Man, I had no idea that ANACS was no longer considered an equal to PCGS and NGC. I guess that noose those two have around the slab market is just getting tighter. It really sucks that I have only 2 choices now. I will not pay what they ask for grading. Oh well, back to the status quo for me. Keepin it raw!
     
  15. rzage

    rzage What Goes Around Comes Around .

    Doug , have you ever seen a Merc where the top and bottom bands weren't split ?
     
  16. H8_modern

    H8_modern Attracted to small round-ish art

    Is ICG worth anything? I haven't really looked at anything they've graded but I see it around.
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    You bet, plenty of them.
     
  18. GDJMSP

    GDJMSP Numismatist Moderator

    They are not highly thought of by most collectors. That said, with older coins, and in their older slabs, their grading is often on par with NGC and PCGS. But again, they are a compnay like ANACS. The company has changed owners and with a change in owners comes a change in grading standards. So they aint what they used to be.
     
  19. GeorgeM

    GeorgeM Well-Known Member

  20. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Okay, here's the short version of the ANACS/ICG story, and someone please correct me if I'm in error on any of the details.

    The "old" ANACS was located in Ohio, and they had a fairly good reputation for grading. At that time, I believe they were rated #3 behind PCGS (#1) & NGC (#2) and ICG was #4. ANACS moved to Texas, and during their time there, they introduced the new blue slab (which, by the way, you could break open just by twisting it in your hands).

    In the meantime, one of the executives at ICG in Colorado, made a failed attempt at buying ICG. He left the company and tendered an offer to buy ANACS which was accepted. He then moved ANACS to Colorado and lured ICG graders to join his staff, and supposedly fired some of the ANACS employees who went to work for ICG.

    This instate rivalry only served to damage the reputations of both companies, and they have never been the same since.

    Chris
     
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