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ANACS fall special... Oops.
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<p>[QUOTE="NorthKorea, post: 1794656, member: 29643"]I don't see how ANACS is worth submitting to, even when you account for the ridiculous return shipping fees for PCGS/NGC.</p><p>Here's my reasoning:</p><p> </p><p>10 variety coins</p><p> </p><p>ANACS: $125+$70 attribution fee = $19.50 per coin</p><p>PCGS: $200+$240 attribution fee+$24 shipping = $46.40 per coin</p><p>NGC: $170+$150 attribution fee+$34 shipping = $35.40 per coin</p><p> </p><p>Example coin: 1941 Large S Quarter</p><p> </p><p>ANACS: MS64 $33.50 (15 Sept 2013 eBay); AU58 $30.00 (16 Nov 2004 Heritage)</p><p>NGC: MS66 $74.75 (7 Feb 2009 Heritage); MS66 $373.75 (8 Jan 2007 Heritage)</p><p>PCGS: MS65 $322.00 (4 May 2010 Heritage); MS63 $69.00 (2 May 2010 Heritage)</p><p> </p><p>Based upon price history, it seems you lose out on about half the price (PCGS/NGC v ANACS) for $16-$27 saved in grading fees.</p><p> </p><p>It's hard to say, but if your coin is expected to grade MS65 (PCGS/NGC) or higher, you're better off submitting to PCGS/NGC. If your coin is expected to grade below MS64, it might not be worth the $19.50 ANACS submission fee, unless a rare coin that only ANACS will attribute. If your coin is borderline (MS63-MS65), it *might* be worth submitting to ANACS in the hope of getting a MS67 grade, but that seems VERY unlikely to ever happen.</p><p> </p><p>I suppose you could submit to ANACS for the purposes of grading/attribution for your personal collection or maybe to verify whether a coin has an old cleaning or market acceptable old cleaning, but for the purposes of resale, it seems to be simply not worth the money, at least for varieties that NGC would recognize. Also, PCGS seems to be pricing itself out of the attribution market, since the fees appear unjustified on the surface.</p><p> </p><p>I just noticed that ANACS will conserve coins for $12 per invoice. Depending on what conservation entails, it might be worthwhile to submit 20 problem coins (in need of conserving) under the special...[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1794656, member: 29643"]I don't see how ANACS is worth submitting to, even when you account for the ridiculous return shipping fees for PCGS/NGC. Here's my reasoning: 10 variety coins ANACS: $125+$70 attribution fee = $19.50 per coin PCGS: $200+$240 attribution fee+$24 shipping = $46.40 per coin NGC: $170+$150 attribution fee+$34 shipping = $35.40 per coin Example coin: 1941 Large S Quarter ANACS: MS64 $33.50 (15 Sept 2013 eBay); AU58 $30.00 (16 Nov 2004 Heritage) NGC: MS66 $74.75 (7 Feb 2009 Heritage); MS66 $373.75 (8 Jan 2007 Heritage) PCGS: MS65 $322.00 (4 May 2010 Heritage); MS63 $69.00 (2 May 2010 Heritage) Based upon price history, it seems you lose out on about half the price (PCGS/NGC v ANACS) for $16-$27 saved in grading fees. It's hard to say, but if your coin is expected to grade MS65 (PCGS/NGC) or higher, you're better off submitting to PCGS/NGC. If your coin is expected to grade below MS64, it might not be worth the $19.50 ANACS submission fee, unless a rare coin that only ANACS will attribute. If your coin is borderline (MS63-MS65), it *might* be worth submitting to ANACS in the hope of getting a MS67 grade, but that seems VERY unlikely to ever happen. I suppose you could submit to ANACS for the purposes of grading/attribution for your personal collection or maybe to verify whether a coin has an old cleaning or market acceptable old cleaning, but for the purposes of resale, it seems to be simply not worth the money, at least for varieties that NGC would recognize. Also, PCGS seems to be pricing itself out of the attribution market, since the fees appear unjustified on the surface. I just noticed that ANACS will conserve coins for $12 per invoice. Depending on what conservation entails, it might be worthwhile to submit 20 problem coins (in need of conserving) under the special...[/QUOTE]
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