ANACS or PCGS?

Crack it out and send it to your top teir grading company then... Or sell it raw... but if you are confident in your grading then it doesnt matter what the paper insert in the coin holder says. I get so tired of everyone getting so obsessed over the holder the coin is in more than the coin in the holder!

 

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That's the point Coindude. If I'm forced to crack out the coin for resubmission or to sell it raw, then the money spent to have it slabbed or buy it slabbed in the first place is wasted because of the lowering of standards at the grading company. Any TPG that permits its reputation to be tarnished in order to increase sales is hurting all of the collectors who own their slabs. I'm not sure exactly why anybody would excuse or defend them or act like it isn't a big deal. Integrity and consistency are very big deals in this hobby.

 

You shouldnt pay too much more for a graded coin then. I dont belive the slab increases the premium on the coin that much, I'm not willing to pay that much premium just because the coin is slabbed.

 

well thanks guys.
I'll be going with ANACS for my submission.

 

Hey guys,

I saw a thread here about a guy having problems with the new ANACS slabs... an e-bay buyer felt it had been tampered with. Others posted up and concurred; one post was concerned that ANACS might command "second teir" pricing.

Anyway, 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 ?

I ALWAYS value the input / dialogues on this site. Great venue. Thanks, everybody.

 

PCGS is always on top but the rest of the statement is fact. Buy the coin, not the holder.

 

Try the free offer here http://www.greysheet.com/ and I will send you a Postal Money Order for $250.00 if you can show me PCI on top. My word is my bond.

 

NGC maybe, but not for money!:hail:

 

You are the King! Actually I mean that, I enjoy your bottom line.

 

Actually an investor. I collected coins as a kid!

 

As for the grey sheets, I watch them closely and ICG and PCGS have always been going back as one and two. I haven't seen NGC go no higher than #3. PCI was never in the top 4...NEVER!

As to who to submit to...I do believe that "prices realized" is a very good indication of how the coin market is responding to a coin graded in one of the grading services. So with that, look up Heritage, Teletrade and eBay COMPLETED auctions and see what a given coin has sold for in the SAME grade.

All things being equal, and yes I am sure you can find an exception here or there, PCGS realizes MORE dollars for the same coin in the same grade compared to the others. There are a number of factors as to why which includes that collectors have MORE confidence in what they are getting. Face it, when collectors have more confidence in the coin/grade...prices go UP!

The market (not the individual) has spoken!

 

PCGS, NGC, ICG, ANACS...virtually everyTPG - uses the same methodology for authenticating and grading coins. The numerous trials and tests confirm that no one TPG grades more "correctly" (whatever tha is) than any other. The big difference is perception and the enormous sums spent hawking their company. It's worked - folks buy coins based on slabs, not the coin. I've found the quality of PCGS no better (or worse) than any one of the top 10; in fact, theyare inconsisten and slightly overgrade at tmes.

That said, use PCGS. I hate saying this but the market speaks. Some of my coins rose $10,000 in value when they got the vaunted PCGS slab. PCGS & NGC are like the original Big Two networds (CBS, NBC). ABC came along, then PBS, CNN, FOX and now no one channel dominates. Hoepfully tha'lll be the case in the coin world eventually.

Good luck,
smb12321