ANACS grading question

I collect/buy coins for my pleasure, not to make money. However, I don't like to overspend, and my experience is I can get an AU-58 in an ANACS or ICG holder for less money than the same grade in a PCGS or NGC holder and odds are decent that it is a better coin.

 

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You've never watched Cinderella have you? At midnight, those PCI and SEGS holders turn into pumpkins. Of course I kid, I just like to be the smartassed clown in my boat. We catch more fish that way.

 

Well I got them back Saturday. I'll make another feeble attempt at photography this week if I can. I'm terrible at coin photos. As for the legit toned coin, I think I'm sending to PCGS at a crossover attempt. The 1884O is nearly flawless, potentially it's a MS65 without a color details grade.

 

ANACS and ICG are not even close to PCGS or NGC for that matter plus resale value even isn't close, how many ANACS coins or for that matter ICG coins for sale on the bay, not many.

 

People who use ICG and ANACS collect coins, but they very rarely sell them. When they finally do, they will learn the virtue of liquidity that PCGS, NGC, and CACG provide.

 

I've started using the rule of thumb that if a coin has a listed value of $300 or less, I'll generally use ANACS and their attribution service is very good. I recently submitted a coin that came back a Morgan that happens to be a 2020 discovery VAM. I don't like the grade (color details) so I'll submit to PCGS as a crossover. If it doesnt, no harm no foul, it will just be returned to me in the same holder.

I've noticed that coins for sale on the internet that are competively priced sell for about 10% more in PCGS holders over ANACS and ICG. They also sell for about 5% more than NGC. It's particularly noticable in higher valued coins, and when it comes to selling, perception is reality. CACG is still relatively new to the game, where they end up in the pecking order remains to be seen. At first their pricing was ridiculous but I have noticed they have started coming back to the field. They still have a lot of weight when they sticker a PCGS slab.

 

For common material, the difference might only be 5-10%, but for registry quality material, it is much higher. That said, ANACS has a good stake in the variety market. CACG is going to continue to grow, but I have no idea how long it will take them to overtake either NGC or PCGS, but I think they have already taken 3rd place.

 

Have many PCGS / CAC holderd coins, I really like this format as you have two TPG,S confirming the grade and its funny I dont think I have ever seen an NGC
green bean and only a few CACG holdered coins and there making there run
would say it will take a good two to three years for them to establish a firm foot hold
in the market, here's one that had triple verification one of my all stars.

 

I have only ever owned one NGC CAC, but they exist (see photo). In fairness, CAC only stickered varieties and proofs in the Jefferson series which explains why I haven't ever seen many.

 

Well, right there is living proof...LOL

 

Okay, here you go. I told you I am not good at coin photography, you can't say you weren't warned.

1890 coin that sat in vault for half a century, but I could tell it was cleaned. So I did some toning magic on it. The photographs really don't capture the colors and taking a photo in direct sunlight doesn't work because of the glare on the plastic holder. The third photo is terrible because their is my hand in the shadow. But you get the general idea.

 

If the photos are of the coin you referenced earlier, it did not get a straight grade. I'm a little surprised by the AU55 because I thought they net graded to AU50 (or MS60) for Details coins. I'll keep that in mind.

 

For whatever reason, I've noticed that ANACS assigns MS60 for ALL UNC details coins. In lower grades, they will assign an exact Sheldon grade.

 

Here is the coin I'm going to send to PCGS, same one that was posted in this same thread above. MS60 details, artificial toning. I bought this coin and didn't even handle it before submitting. It's a typically weak New Orleans strike on the hairline and chest feathers, but I can't see (or tell) wear and the fields are practically hairline free. The sellers photos are much better, but here it is in it's new tomb. I'm going to send it to PCGS for a crossover, my minimum grade will be MS-anything. I'm somewhat reluctant to have it reholdered unless it straight grades, it's a 2020 discovery VAM. I can always send it to VSS later to label the reverse of the slab.

In any event, I've seen a LOT of coins with wilder toning straight graded by both PCGS and NGC. The toning on this one is kind of subtle.

 

I'm not following very well I guess. Which coin did you deliberately tone that came back with a straight grade?

 

You are confusing two different coins. The 1884o, I bought raw and didn't even touch with bare hands. The 1890 was my lab experiment. I knew it was cleaned so I had some fun with it. The one I doctored got details for polishing (which I did not do), but no mention of artificial toning. lol