Hi I have a few items that I'm wanting to send into either icg or anacs. I want to know which group would be better for resale pricing once slabbed and which would grade them higher. They are all problem coins and I want a numerical grade on them so, no pcgs or ngc. The items are 1897 barber half (unc details) cleaned 1831 bust quarter au/bu details (cleaned and scratched) 1803 large cent (xf details) pitting 1831 bust quarter (xf details) cleaned thanks for any suggestions! jake
I have never used ICG but from my experience with ANACS, they won't give you a numerical grade either. They will give you a letter grade vs uncirculated or about uncirculated that PCGS or NGC use.
Seems like I've seen quite a lot of ANACS slabs on eBay that say "VF20 details" and so forth. I've even seen some old ones that say (for example) "AU details, scratched, net EF40". But it looks like the newer ones do give numeric detail grades.
Even though ICG has tightened it's grading significantly over the past year, I'd still go with ANACS in your case. They are ranked a bit higher among collectors from what I've seen.
If you're talking resale, ANACS cert'd coins will be easier to move. Generally, more people trust ANACS than ICG. Personally, I am indifferent.
I'm fairly certain that ANACS still uses the details labeling. I know nothing about ICG. Either way, is this thread essentially asking how best to use low tier TPGs to defraud individuals? You may as well use SEGS.
NorthKorea, I think you misunderstand. These are all problem coins and either company will label them as such. I just want them to have a numerical grade associated with the details one instead of AU Details, like AU 55 DETAILS CLEANED. It makes it much easier to sell, but deciding between ANACS and ICG is hard. I am leaning towards ANACS right now. They aren't "low tier" just because they aren't NGC or PCGS. SEGS is low tier and ANACS and ICG coins command a much higher premium.
To me, listing a raw coin with no reference to a problem (other than "see scan for condition") is more deceptive than listing it in a slab with honest description. I think you're equating basement slabbers with ANACS & ICG.
Some people seems to feel that ANYTHING other than a PCGS or NGC slabbed coin is the equivalent of a basement slabber product. And the way they behave when they see a nice coin that HASN'T been blessed by the "Gods of Grading", you get the impression that they must believe that within 24 hrs after the services coming into existence, every qualified coin in the world spontaneously grew a slab around it. And I find "See scan for condition" fairly deceptive with the small mediocre images the typical ebay auction has, even for slabbed coins from the major services.
That seems very harsh. As someone stated, isn't this more honest than posting a raw coin without stating the problems?
I don't think SEGS is so bad as to be called a self-grader. I mentioned them because the original post read like the seller was trying to get coins a numeric grade without the details noted. That has been since clarified to not be the case. I plan to use ANACS once Paul has the system in place to auto conserve problem coins. I don't see a point to using ANACS for most coins, since it costs about $25 more to use PCGS, which typically adds about 20% to the value in mid-grades and sometimes huge multiples on higher grades. There are exceptions, such as FS coins that PCGS ignores, but I think the above is fair. As for pet peeves, I've found that power sellers get mad when you want to return graded coins. I think that's ridiculous, since photography hides most of the greys/browns that show up in person.
Glad we were able to solve the problem. PCGS is a little higher on some coins and for problem ones, only gives a generic details grade. It doesn't give a numerical details grade, which can make a big difference if it is at the top end of the spectrum (AU 58 DETAILS VS AU 50 DETAILS). PCGS also has a slow turnaround time from what I understand right now at least. It took one of my dealer friends 2 months to get his coins back. It looks like I can get mine back from ANACS within 2 weeks with the 5 Day Service. I am a powerseller and toprated seller on eBay and I just use my iPhone Camera and take pictures the best I can while I accurately describe problems. I think cameras are better than scanners for sure.
