ANACS fall special... Oops.

Here are the grades (in case you didn't see that they posted):
4927020 - 15
4927021 - MS scratched
4927022 - 64 FB
4927023 - MS corroded
4927024 - 55
4927025 - 63
4927026 - VF scratched
4927027 - GD cleaned
4927028 - VG edge damage
4927029 - MS AT

Four out of ten seems really awful... either their standards are getting way stricter, or you might want to reconsider your process for picking coins to submit for grading.

 

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I'm good thanks .. I wrote out all the grades prior to submission and was almost dead on for all of them, and at $13 a coin it was peanuts in comparison to what I paid for the coins

 

So, from this statement, I take it you expected six of the coins to get "detail" holders... What would be the benefit of having them graded? Are these regularly counterfeited coins?

 

Yeah, it's usually worse to have your coin in a details slab than in no slab at all.

 

Better yet, may I ask why you care what I do with my money/coins? lol

 

Simple. I care about members of CoinTalk, and I hate to see them waste money.

 

I have to agree with NorthKorea in this matter anacs is a waste of money i dont buy them and if i do it is only because i like the coin and plan to have it reslabbed !! i think they really are valued about as much as having it as a raw coin !! i think it is worth the extra to go ngc or pcgs and i know that NorthKorea is not trying to be rood and i am not trying to be rood either just stating facts hoping to save you a few bucks or to help you make a few more bucks!!

 

NorthKorea does have a point, but there is nothing wrong with using ANACs. I have bought several of them recently for my large cent album. Now I personally think NGC and PCGS are a little tighter on the grades, but you can get some nice ANACS coins cheaper than PCGS/NGCS. Besides the bottom line is the coin in the holder not the name on the holder.

 

Mark, that's actually (at least in part) my point. Zach is getting the coins graded to resell. As a buyer, there's nothing wrong with ANACS slabbed coins, since you typically get them close to raw for pricing. If they're in a details holder, you might even get a discount to raw. While beneficial to a buyer who "buys the coin, not the holder," this works against a seller, who, invariably would be hoping the buyer "buys the coin or holder, whichever costs more."

However, my personal views of ANACS aside, I was more curious about why someone would send in coins that they expected to be put into "details" holders, since they could have just chosen coins that wouldn't have been given such a designation.

The only situations I could see for this would be rare coins that are apt to be purchased, regardless of prior cleaning, etc.

 

I agree with you. The only reason I see is just to get them graded so people know they are genuine - and save just a few bucks on grading fees. And if you sell on ebay - who knows what that will bring. And sometimes you (and dealers) don't expect a coin to comeback in details holders - but they do.