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<p>[QUOTE=&quot;DJCoinz, post: 312083, member: 6756&quot;]<i>Copied from the PCGS forum:</i></p><p><i><br /></i></p><p><i></i>While many questions on what transpired and what the new, new ANACS intends to do remain, I now provide you with the facts as I know them. I am Mike Ellis, former authenticator, attributor and grader at ANACS. The bulk of my time was spent authenticating, attributing and grading early U. S. type coinage, not modern errors and varieties as many seem to think.</p><p>&nbsp;</p><p>I thought I was on vacation. I returned home from visiting my brother for Christmas in the wee morning hours on the 26th. Shortly after waking I received a call from Tim Hargis, former Senior Numismatist and an exceptional numismatist at that. He informed me that many &quot;developments&quot; had taken place at work and it would be best if I came in and was told face-to-face of the changes. </p><p>&nbsp;</p><p>I arrived at what used to be ANACS Austin at around 11:30 a.m. As soon as I walked in I knew something was terribly wrong. Everyone was packing, including a crew for hire with a Mayflower truck! Tim Hargis was already gone. Several ex-employees told me what was up and then I got my chance to meet with James Taylor who had been a good friend of mine for years. This is what he told me: &quot;I have formed a new corporation, Driving Force, LLC. I have purchased ANACS and we have to be in a suburb of Denver, ready to do business by January 2nd. ANACS will fall under the umbrella of Driving Force and we will continue to do business as ANACS. (He then told me some of their plans and the direction they were heading but that is inconsequential and you will see much more of those plans come to light in the coming months.) I tried to purchase ICG. The deal fell through. I have left ICG and so have most most of the people at ICG at greatly reduced salaries until we get up and running. When the deal to buy ICG fell through I called Mary Counts to inquire if Anderson Press would be interested in selling ANACS. Mary said that they had not thought about it but would run it by the board. Well, our buy/sell figures were workable and I told my lawyers to get the deal done in four weeks. (This all started in early November.) They told me it could not be done and they were right. It took six weeks. We want you but you have to do what you have to do because until we know if our plans work out we can&#039;t hire you.&quot;</p><p>&nbsp;</p><p>That was that. I can say that I see the new, new ANACS as more closely akin to what ICG was doing than what ANACS has always done. I was very proud of ANACS because I know it was the grading service providing the most unbiased opinions on coins and the experienced graders were true, interested numismatists - pure and simple.</p><p>&nbsp;</p><p>Anderson Press issued a press release at about 4:30 on Thursday the 27th stating they had sold 100% of ANACS to James Taylor of Driving Force, LLC as of December 21st.</p><p>&nbsp;</p><p>So that&#039;s how things went down and where it all stands now. I hope I was able to shed some useful light on the situation.</p><p>&nbsp;</p><p>Respectfully submitted,</p><p>Mike Ellis[/QUOTE]</p><p><br /></p>

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