God I hate TPGs lol

The market disagrees and the market is what sets the hierarchy

 

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agreed, that they are considered second tier, but that has nothing to do with what I stated.

also: Typo: should have been ANA shows

 

I would say that it certainly does have something to do and completely disagree they're harder on coins than anyone else. They have their place and I like them for certain things especially lower valued coins, but they aren't the toughest TPG.

The one thing they very likely are the best at is varieties as they will do a lot of obscure ones that the first tier wont. Whether or not that matters to someone is up to them, but their variety service is superior

 

"and completely disagree they're harder on coins than anyone else."

That is fine and an opinion, I have mine, and don't necessarily agree with either them or you.

An opinion is just that, not a statement of fact.

 

Market wisdom can be something of an oxymoron (with emphasis on the moron.) Remember market wisdom brought us the Crash of '29 and more recently the "Dot Bomb" debacle. Until such time that ANACS begins pandering to the resale crowd, I'll continue submitting my coins to this misnomered #3 for accuracy at a very fair price. Moreover, their type specials are a great opportunity to sharpen one's own grading skills.

 

Here's a GREAT option: If you have coins that are valuable, you can submit them through Great Collections as long as you also agree to let them sell them for you at auction, and you DO NOT have to put up any money upfront as they pay for everything, including all TPG submission fees and postage costs. Their auction fees (which are low) are deducted along with all TPG costs and fees from your auction sale proceeds after they're sold on their auction. There is a value limit on coins submitted, e.g., I think coins have to meet an after-grading minimum value of at least $80 or $100 each (check that since I'm not positive about the amount). To me it's a win-win, since you don't have to bother repackaging coins when you get them back from being graded at a TPG, and then re-send them to an auction to be sold. So you save time and money on that front.

 

My eyes, my appeal, my choice. I am the best grader I know. The only cost involved is the slab, sticker, and my time. Enjoyed the post, thank you. Oh, and my wife's approval of course...

 

Anacs is quite tough . Especially on Morgan’s . They do trade for less but you can get some real value buying ANCCS . But the coin though not the holder.

 

The simple fact is the only measurable thing is what the market says and it has spoken. The auction houses have as well who would benefit greatly pumping up more for their cuts of sales.

Like I said Anacs has it's uses and place in the market. Never said they were a joke or would never use them just that they aren't viewed as the toughest

 

Maybe I would use the work "marketable" instead of "toughest" when describing ANACS. One could have the same coin, graded the same by ANACS and either NGC or PCGS, and the coin in an ANACS slab would most likely sell for less than if it was in either of the other two's holder. That's where a knowledgeable collector can get a "bargain".

 

It's only a "bargain" if its something where you could cross it for an increase in value. If you can't do that though its just getting the market rate for what it is. There's nothing wrong with that, people just shouldn't think they got some steal just because it costs less when many times theres a reason it does

 

Very true . I personally also feel they are as consistent on there grading . At least on Morgan’s which is my main focus.

 

I'm not arguing with that. There's always exceptions.

 

What's a special? I didn't know they ran specials. I'm thankful for my 10% off scratch resistant slabs. I have the largest submission I've ever sent, down there at the moment. The cost was high but there's no point in waiting till next year as it will just cost more.
I'm about at the stage where I only need to submit a couple a year anyway.

 

I have submitted a bunch to ANACS that I knew were all uncirculated and most of them came back AU58? I then submitted the same coins to PCGS and the lowest grade was MS62? I have had some luck sending in IHC that are questionable coloring to PCGS to have the restoration done and they have come back as high as MS65 RD.

 

So wait for a special. Is someone holding a gun to your head insisting you send your coins in NOW! ?

 

I love the old ANACS soap dish holders coins, mainly Morgans. I have probably 100 of them with a lot of very special coins in them but unfortunately there is a problem if you want to try and cross them. You can only send them to PCGS if you want to protect your investment, otherwise NGC will only grade them if they crack them out which I have let them do with some very costly results. So I leave them in the holders that they look so good in now, the soap dish ones, thanks