New ANACS Slabs just caused me a Problem

The following is a message which I received from the buyer of a coin which I sold on Ebay:

I am going to assume that you did not know that the coin (1950 AU 55 half) was not tampered with?? But someone opened the case and glued it back together and it looks like put a different coin in the case.You can see this by looking at the case in the inside, the plstic circle is crooked!!!?? I will send it back tommorrow 7/27/2006!! since the coin was not costly, I think to be faif I should only pay for one shipment cost???

I'm the one who had the coin graded and I'm the one who auctioned the coin. I know for a fact that the slab was original and has not been tampered with. I will issue him a refund, but this is absurd!

 

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Who's to say this buyer isn't trying to throw a scam your way? When you get the return back from him that sure enough the slab has been tampered with? He explains that the circle inside is crooked, was it when you had it? Sounds to me like this guy is trying to pull a switcheroo on ya

 

If you have photos of the coin before you sent it you will be able to see if he was the one that changed it.

Speedy

 

Seems like he wants a full refund - I find it absurb that he was able to declare that the slab has been tampered.

Indeed there are some issues with the new ANACS slab but I am not too sure if that is the case.

 

Man, that's an uppity buyer. In my 9 years of selling stuff on Ebay, I've ONLY come across buyers like these unless they had a plan already in place. I'll bet you already left them FB too...

I agree what's to say they aren't the one who swapped out the coin, but for an AU 1950???

Good Luck
Bone

 

I explained to the buyer that it was switching out an AU Franklin would be far more effort than its worth. The only reason the coin was graded to begin with was so I could use a letter for 2 free grades (5 coin minimum), and only had 4 worthy candidates at that particular time. The amount of money we're talking about here is so small that I will just issue the refund and forget about it, but this guy is going on my blocked bidders list.

 

The circle was crooked??? In what way? They didn't put the circle insert in so that the part number was at the bottom?? If it is crooked as in being off to one side the slab wouldn't have closed and it would have been noticed immediately. So that can only mean crooked as in rotated.

 

I must admit I am totally confused. If the auction linked above is the right one, I don't see how the circle could be "crooked?!?" either.

 

Assuming the buyer isn't trying to pull one, and is genuinely concerned about the slab...

From the picture Peter T Davis posted (which may not be the correct one?) I think it suffers form the same problem that my ANACS slab did... it *looks* tampered with. If you saw mine, you'd think it had been cracked as well. I don't think it has (and an email from ANACS said that as well), but it *looks* like it has.

 

You're right Sam, all of the new ANACS slabs I have received have a rough outer edge and do look like they have been tampered with. I tried to explain to the buyer that this is just a diagnostic of the new slab, but he either didn't believe me, or didn't care. It's really not a big deal. I like a lot of things about the new slab, but this is one problem which may limit how saleable they are.

 

I own more coins in old ANACS slabs than any other TPG, but enough of a pattern seems to have developed to convince me to never acquire one of the new ones. It seems that new ANACS slabs might fall into the category with the other second-tier graders and sell at a discount. At least that is my fear.

 

I also posted this on the "ANACS or PCGS ?" thread...

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I hit the CDN Greysheet. They list a trade-marked "Certified Coin Market Indicator", which compares "sight-seen" prices vs. "sight-unseen" prices.

I suppose the idea is that "sight-seen" prices are the standard, since the buyer can carefully inspect the piece in question before purchase. "Sight-unseen" deals (i.e. anything on the Internet would command somewhat lower prices. (?)

Further, one can assume the price discount would be LESS for the best grading service, indicating widespread buyer confidence in that TPG.

Well, here's what CDN openly publishes as the "Sight-unseen" prices (broken by TPG) :

PCGS: 84.97%
NGC: 78.08%
ANACS: 54.45%
ICG: 80.11%
PCI: 48.77%
SEGS: 47.57%
NCI: 38.26%
INS: 27.40%

This would place PCGS in 1st place, ICG 2nd and NGC 3rd - all closely matched in the top tier.

ANACS comes in a distant 4th - leading the 2nd tier. Personally, I like ANACS.

Any thoughts on this ?

 

That is it!

And wow, that's a "nice" way to fraud... And on eBay, you don't have the choice of taking the item back or not, he'll let you a negative feedback if you don't agree with him. Trapped! :rolling:

I hate thieves :hammer:

:hail:

 

From what I've been reading, I think they should have an ANACS_OLD and an ANACS_NEW. I have several of both and I don't like what I'm seeing/reading.

 

I bought a new ANACS slab and lightly ran my thumb around the top edge and the slab started to seperate on me. I wasn't trying to open or break the slab I was just exploring a spot that looked like it had been messed with, so I agree that they look like they've been messed with and as easy as they are to open I'm hesitant to purchase any more of them until there is evidence of improvement.

 

TOLS196024, was this a recent slabbed coin that you had graded or was it something from months ago?

I've been reading too much about the problems they had with early versions of the new slabs. It seems like they have gone through MANY revisions. I hope the latest version does not look like it was opened, does not have the melted look of plastic or glue at the seam, and does not break open with a simple twist. Last I heard, the "current" new slab was fine.

I also think ANACS should do something about the early versions of the slab. They are numbered on the plastic. You can identify old-new from new-new. If they want to make people happy, they should offer a re-holdering service for early versions of the slab. I know some people would take advantage of this offer, so they could limit it to the original folks that had the coin graded (by certification number) and limit it just to the earlier slabs. I'd gladly pay the shipping both ways to get a holder that is more acceptable.

BTW, I have 30 coins that should be arriving back to me today or tomorrow.

 

Haven't said this guy was a thief out of any doubt! But it just looks very weird and in this case, since it came directly from ANACS, the slab shouldn't look glued... So there are ± good chances that he changed the coin in it...
Anyway.. we're gonna see when TOLS gets it back...

Max

 

Nesvt, this coin was mailed to ANACS in early June and I received it back in early July. In my opinion, the slab is better now than it was right after the change, but the edges still look rough. Its a real shame too as the holder has a lot of other things going for it, like the prominant display of the grade and the ability to view the edge of the coin. For me, the only drawback to the new holder is that it looks hastily assembled.