ANACS 1 Slab With 1883-CC dollar

http://forums.collectors.com/messageview.cfm?catid=26&threadid=900756&highlight_key=y&keyword1=CAC

this thread might help answer your question. Remember that a green sticker is supposed to indicate that the coin is "A or B" for the grade. This tends to improve liquidity in a sight unseen market or where purchases are based only on photographs. Personally I think the Bean is most useful in higher mint state grades of silver, or rare gold, where doctoring is pervasive. Basically it is another opinion by an expert numismatist which can be helpful in some circumstances. However, the coin market seems to be moving towards a mentality of "if it ain't beaned, it must be average or worse" for the grade, which I think is wrong. Dealers also seem to be pricing CAC'd coins higher. To an extent one could make an argument that CAC contributes to the dumbing down of the hobby, as some collectors will feel relieved of the need to actually learn how to tell if a coin is nice for its grade or not.

 

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Beans help selling.I agree but anything I keep in family my son will have to make the decision .bye

If I list anything in for sale it's one I have two of .

 

Uh yeah I must not be as talented as you are because I don't see a $20 spread double the worth. But since I buy the coin not the holder I would go for this one myself, if I were in the market. But either way I'm pretty sure a ngc sample washington half in ngc pf67 or even pf68 doesn't double the value over the $20 pain one month ago on eBay.



By the way, when you do an eBay search your purchase never shows, only the coin sold June 16th at 10:01. I think you are mistaken about buying that coin on eBay "a few days ago".

 

Let's agree to disagree. In my understanding of the world there are only two actual grading services, ngc and pcgs. I would never buy a segs or ncc or whatever graded coin even if you covered it with ten gold cac stickers. If the coin really is at grade then it would be move valuable to the owner to crack it and send to an actual grading service then to get a cac sticker.

 

I've never bought a slabbed coin other then pcgs NGC or anacs. I buy a lot of raw too I'd buy a coin if I liked the coin in an off brand slab then just like with anacs slabs the slab meets a pair of pliers and the coin gets shipped usually to pcgs. I buy the coin not the slab. And yes I like beans too but it's not a requirement

 

Understand that I am buying both a Sample slab and coin, both are in better condition for twice the money. The heck with what the Slab says in this case since that's meaningless as this coin is only used as a promotion piece for attracting business to NGC.

To see the coin I bought don't use the word "Sample" as it wasn't in the ad. Look it up as a PF 66 specimen under modern commemoratives and you should find it.

 

I am guessing that serial numbers on sample slabs were used again and again? Must be since your coin is in so much "better condition" and worth "twice the money", yet the cert matches the one Vic showed earlier in the thread.

Better their nonsense than yours.

 

Yeah Whatever

 

This is what you come back with instead of answering the question? You made the claim in regards to the coin, so at least have the decency to back it up.

 

I was wondering if anyone was going to notice that. At first I had thought maybe all samples from a type from ngc have the same serial number. I thought this because I got a weird result from ngc verify. See below


But after looking around I found this reference.



Notice at the bottom they refer to a similar coin but different last 3 digits. This tells me that the samples do in fact have unique serial numbers which was my first thought. So yeah he bought the very same coin from the June 16th 10:01 eBay clip I posted and there really is no further sale of that coin on eBay since for fun I looked for a few minutes with a couple different searches just in case they listed it wrong. But there is no further sale on eBay. Either eBay is mistaken or he is. In all fairness to this guy I honestly believe he really doesn't know that each slab has a unique identifying number and really does think there are multiple slabs for any specific serial number.

My favorite post from him is this one where he is giving advice to a post 12 years old and then acting like his statement was from 12 years ago when I bring this to his attention. the posts are time stamped with dates and time. Just read the thread through page two. Also I would like to know how you respond to a post in 2002 yet your account is created in 2013. Inquiring minds want to know.

https://www.cointalk.com/threads/coin-show.11/page-2#post-1957642

 

But if CAC stickers are trusted in the marketplace then that should improve the liquidity because Albanese and his crew are stating that they grade IS accurate. if it doesn't improve the liqudity then that says that the grade and coin don't matter and only the plastic matters.

So in that case the CAC sticker doesn't mean anything, so why bother with it? Apparently the CAC people can't grade unless PCGS or NGC tell them what it is.

I don't know if they ALL do but sometimes they DO use the same numbers more than once. Often the base number (That would normally be the invoice number) stays the same and subsequent batches of sample slabs start over again at -001. On the NGC forum Lange said that they all have unique numbers, but we were able to show examples of multiple sample slabs with the same number that had different coins in the holder.

You also can't trust the grades printed on the labels on sample slabs. They may or may not bear a resemblance to the coin in the holder. Sample slabs are just that samples. They may not have gone through the actual grading process.

 

I agree with you. I think the one stipulation I would make is (and correct me if I get this wrong) for NGC/PCGS slabs if they do not sticker they do not charge you. But then for non-pcgs or ngc slabs I would always charge the fee no matter what. Because you know there would be people sending in everything - just to see if it stickered. I would also like to see them build a searchable database to see if they have seen a coin.

Makes me wonder if they have the resources to handle that kind of jump in business. I could probably go thru hundreds of those slabs an hour rejecting them since most are so obvious.

 

Even if that is is the case

1. There is no way one sample slab with a Washington half is worth $40 because it is a much superior coin compared to another that sold on ebay for under $20 one month prior.

2. Even if they can repeat serial numbers it is really unlikely that one just happened to sell on ebay a month before he bought it and his coin both have the exact number. It is much more likely it is the same one.

3. There is only the June 16th 10:01 sale of the sample half no other sample Washington half ngc coins were sold after this feel free to search ebay completed sales. I invited him to post his ebay buy page for this transaction but he has not volunteered to do this.

 

The Ebay item # is: 300556935055

 

Slabs from other than the big 2 are simply not liquid and often regarded as no better than raw. It may not be "fair" but it is a fact of the market.
conder101 replied:
But if CAC stickers are trusted in the marketplace then that should improve the liquidity because Albanese and his crew are stating that they grade IS accurate. if it doesn't improve the liqudity then that says that the grade and coin don't matter and only the plastic matters.

I think there is a lot going on here that is hidden from view. The relationship between CAC and the Big2 is tenuous, I believe. If CAC took up reviewing coins from other grading services they might be perceived as lending "legitimacy" to those companies when in fact the Big2 want those coins cracked out and submitted to them. I suspect there are considerable back room machinations that have gone on to maintain the status quo. But I don't really know.

 

This is how I deal with off brand slabs don't get me wrong I always buy the coin and I pass a lot in pcgs or NGC partly as I'm not a fan of blast white weak struck or heavily marked coins regardless of grade I'm a real fan of end cutting pliers I use them all the time for pulling and cutting nails and screws and opening coin slabs note no coins were harmed during this process and will be fitted with a new improved plastic cover

 

So you're saying ANACS is not a good enough judge of those coins? It sounds to me some people have too many dollars to burn but not enough sense to keep (pun intended).

 

I hate to speak for @Mainebill but I believe he keeps his coins raw or in PCGS/NGC slabs and that he is in fact saying ANACS is not good enough. Please correct me if I'm wrong Mainebill.

 

People with money to burn? You mean like buying a "superior" sample slab for $40 when one just sold for under $20?

 

A better condition or more scarce item commands more. Isn't that logical?