Thinking about getting some coins graded

Hello everyone,

Last week I decided to go through some coins again, I think I have some coins that look pretty good but having said this I'm not sure. I have never had coins graded before so I looked at PCGS & NGC but sounds expensive and not sure if it's worth it.

Today I found out about ANACS grading and this sounds simple enough and no membership fee. So my question is ...does anyone have information on ANACS? Has anyone ever had their coins graded from this company? Would love your feed back.
Thank you

 

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A lot of people in the numismatic community treat ANACS like an unwanted stepchild. Granted, it costs less to have coins graded and there is no membership fee, but when it comes to selling coins graded by them, you usually take a hit on the value.

Chris

 

Agreed, the company which grades your coin can impact the value of the coin. PCGS and NGC Are the only two companies I would have grade any coins. NGC's membership is only 25$ for a whole year, you do have handling fees and other fees involved but depending on the coin its definitely worth it.

I personally love NGC holders over any other company, to me ANACS IGC and PCGS holders feel cheap, too plasticy. NGC has a much more sleek, modern appearance in my opinion. Though I know PLENTY of people who swear by PCGS.

 

I only use ANACS. True, NGC and PCGS are the top graders. I don't have any super high value coins, so ANACS is fine for my level of collecting.

I'm happy with their turnaround time, attribution/error services, costumer service and specials.

https://www.anacs.com/specials.aspx

 

I think the choice of agency depends upon whether you just want confirmation on your coins or if you plan to sell them.

 

Valid point, certainly true for authentication purposes.

 

I'd go further and say that if you're just starting out, you really should go with either ANACS or ICG, on a discount promotion. Your first submission is likely to teach you a lot about the coins that "look pretty good" to you, and what professional graders think of them. It may make good sense to get that first lesson somewhere where tuition isn't quite so steep.

 

If you are a casual collector, it makes most sense to take your coins to a local coin dealer and have him send them in with his next shipment.

 

Especially if you have just one or two coins you want graded. If you have a lot, a discount second-tier TPG might be a better idea -- but the BEST idea would be to talk to the dealer first, in case you're completely off base about whether your coins are worth sending in.

 

ANACS is America’s Oldest Grading Service™.

I've had plenty of stuff graded by ANACS:
-- lower-value coins that are easier to sell/trade when graded
-- stuff that PCGS and NGC won't grade (i.e., Dan Carr exonumia)
-- keepsake coins that I hope will stay in my family forever

I'm guessing maybe you don't know all that's included in "Grading":
-- authentication (not counterfeit)
-- evaluation of condition (details, cleaned, whizzed, damaged, etc)
-- descriptive label... for your heirs when they ask, "What is this?"
-- sealed in a protective case ("slab") with hologram label
-- verifiable certification number... database includes description & population report
-- available coin conservation

Perhaps most importantly, your heirs are less likely to spend your coins (at face value) if they're graded & slabbed. Or feed 'em to a CoinStar machine.

I think ANACS is a bargain, especially at the current Fall Special pricing (if you miss the 11/30/2019 deadline, just wait for the next Special).

All that said, if your coins are higher value, generally you'll want 'em graded by PCGS or NGC.

 

I have 40+ Morgan dollars at ANACS right now. I believe for
VAM certification they are the best. Except for one, an 1878
VAM 44, most of mine are relatively common: E clashed die,
overdates, donkey tail, and O/CC. I met Matt Adams at SCNA
show in Greeneville, S.C. at the end of Oct. I already had the
forms filled out and he helped finish of the submission. Matt
is professional, knowledgeable and very courteous and patient.
The show was close to me, 3+ hour drive, and large enough
for ANACS to attend. I highly recommend ANACS.

 

I agree with the thought that ANACS might be a good place to get a feel for the slabbing game. That's where I started, and a few times I was surprised at what they detail graded, etc. If you are talking coins worth a few hundred dollars, or more, then the top two companies will probably be a better deal in the long run though.
ANACS has gone through different owners and grading standards through the years, I really can't say just where things stand now.

 

I posted this thread a few days ago.

I just sent a raw 1916-D mercury dime to NGC to be graded. Never did this before but the costs have made me think never to do it again. The costs are as follows.
Had to join NGC (lowest tier)-------------$25.00
Handling fee on submissions------------- $10.00
Grading (12 to 14 days turnaround)----- $35.00
Return postage fees value of $1 to $2K--$30.00
Postage insurance and tracking---------- $23.40

Total cost to me $123.40
Hopefully this coin will grade at least a 10 or F12. PCGS would have cost $25 more. Now anyone can use this as an example.

 

Thank you!

 

Thank you, hope you don't mind but just copied this information. Appreciate it.

 

Thank you.

 

To CoCollector...
Whoops sorry I hit the button to soon. Just want to say Thank you for your information. Appreciate it.

 

Thank you!

 

A HUGE THANK YOU!!! All of the information I have rec'd I greatly appreciate it.
To everyone on Coin Talk have a wonderful Thanksgiving!