What is THIS ANACS slab?

Just came across this auction on eBay:

http://www.ebay.com/itm/300965454478





It looks like the coin occupies the left side of a wide slab, but the photos only show that left side. It does say ANACS, but it's unlike any ANACS slab I've found online. It appears to have separate obverse and reverse grades, although on this coin they're both the same. Any ideas what's going on here?

 

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A very old one with links to the 'Coin Vault'? I know that show goes back to the late 80's.

 

Conder would most likely know.............

 

It appears to be a custom made Anacs slab for Coin Vault.

 

Same looking slab with Ike being discussed here:

http://forums.collectors.com/textthread.cfm?catid=26&threadid=760850

Read the thread, you`ll probably find more information.

 

Regardless of what the owner purports that Coin Vault item to be, it actually violates the eBay certified coin policy, since the ANACS certification number was cropped out of the photo.

I find the write-up for the listing, especially entertaining, citing that collectors have valued toned coins for centuries. Here I thought that until WW2 or so, toning was considered the same as tarnish, which is why old coins have horsehair brush hairlines and dip-based loss of luster.

 

Oh dear...........

 

That is interesting but a little to pricy for me. ebay BIN $350.00

 

Well, it does... For what it's worth, all four of the seller's listings violate the policy, actually.

 

According to this post http://forums.collectors.com/messageview.cfm?catid=26&threadid=760850..... the slab being sold is no longer an ANACS slab.... it was simply a coin that was once graded by ANACS and then re-packaged as a Coin Vault one. So it doesn't have a number with ANACS anymore. It has been broken free of the original slab and is only carrying the TPG because Coin Vault wants to use their 'grade'.

Let the buyer beware!

 

While it's true that the grade would be invalid, and the number irrelevant, it should still have one based upon the CU threads. It's just that the seller chose to crop out the side of the "slab" that houses that information.

I was tempted to buy the coin for nostalgia, until I saw the price!

 

No it does not. Nowhere in the policy does it state such:
http://pages.ebay.com/help/policies/currstamps.html

How? It was MS65 removed from the holder, it's still MS65 when it goes in the slab. Never heard of coins losing or gaining grades from being re-holdered..

 

Who is to say it would regrade at that? Pure conjecture..........

 

Green, no point in arguing with Tim. He's right on everything, as we all know. It doesn't matter that TPGs say they don't guarantee/acknowledge grades once they're removed from the original holder. If Tim says the grade is still good, it must still be good. It doesn't matter that eBay policies state you can't include a (Sheldon scale) numeric grade for coins that aren't graded by (and currently in a slab/holder of) an eBay approved TPG. If Tim says the coin is good, it must be good.

Oh, and obviously, TPGs must 100% agree on grades given 100% of the time, since Tim has never seen a grade change just by a coin being removed from a holder. Tim says so!

 

Once the coin is cracked out of it's original slab it's considered raw. It may or may not still be a 65 but you lose the TPG's opinion that that's the grade. You have no way of knowing that that's the coin that went with the label. It's no different than an individual cracking a coin out and putting it in a coin world holder with the label, you have no confidence that the coin belongs with that label.

 

Of course, you can't tell anything for certain without a full photo or better description but I have a theory. ANACS used to supply their photo certificate with a grade for the obverse & a grade for the reverse. The last photo certs I personally ordered from ANACS was for a 1940 proof set. I did this in 1989. I think they discontinued offering the certificates around that time. ANACS returned my 1940 proof set as raw coins and included five certificates. This appears to be a raw coin that has been holdered by "Coin Vault?" along with the ANACS photo cert.

 

These are ANACS photo certificates for some of my coins. They are positioned so you cannot read my name on the certs.

Note the separate grades given for the obverse & reverse.

Stay thirsty my friends.

 

I looked at the seller's page again today, and they seem to "specialize" in CCGS, SGS and raw coins at only 6-8x their comparable PCGS values.

 

From the page you linked:

"Slabbed coins must be encased in a unique, tamper resistant holder with anti-counterfeiting measures (such as a hologram or other method)."

Since the coin is not in a slab with anti-counterfeiting measures, it would be viewed as a raw coin. The "CoinVault" status of the coin supersedes the previous grade issued by ANACS.

The coin wasn't reholdered by ANACS. It was placed into that slab by a third party called CoinVault.