ANACS or PCGS?

Hey all, i have a few coins that i would like to submit, and after looking at both ANACS and PCGS, im not sure which one is better -if any.

any suggestions on which i should choose? thanks.

 

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PCI for a fair deal.

 

You will never get a straight answer, I like the grading standards of PCGS, yet I like the service quality of ANACS... so its personal choice, you just have to deal with several of them and pick the one you like. But dont exepect a resounding majority from this board.

 

Too Kool for school Dude! Electronic history is non-coin related

 

Electronic history is non-coin related

 

Do it quickly! Every one will benefit!

 

Done!

 

what the heck.

anyways, when i checked out both i saw that as well - ANACS seemed to have a better quality of service, but just as you said PCGS is the standard (at least on Coinfacts they use that extensivly)

 

Anyway.... yeah back to coins... PCGS is very strict in their grading for the most part, but ANACS has better service, so I prefer to buy PCGS graded coins and submit to ANACS.

 

Out of the two I would pick PCGS.
I always have liked ANACS but it seems like lately they have started to overgrade.
If you can do it I would suggest sending them to NGC.
As coindude said---everyone on here will say something else!

Speedy

 

One of the big factors : What does the MARKET say ? Is there a difference in PRICE due to which service graded 'em ?

If a service has a reputation for strictness, the price of their coins goes UP for a given grade.

If a service has a reputation for overgrading, the price of their coins goes DOWN for a given grade - since their MS64 is really only a MS62-ish.

According to Coin Dealer Newsletter, there are three top tier services - PCGS, NGC, and ICG. These command top price.

ANACS is second tier, price-wise.

I'm not PERSONALLY sure about that... just passin' it on.

Personally I deal with ANACS from time to time, and I like 'em. Friendly, excellent service.

I live in Austin (ANACS HQ), so it's a face - to - face, "first name basis" relationship. I use 'em for my lower end pieces.

I have always submitted better stuff to PCGS. But I gotta say they seem more "dealer oriented", such as requiring at least 10 pieces for economy (or modern) service.

I'm a collector. ANACS is more collector-friendly.

 

re: "buy PCGS graded coins and submit to ANACS" - do you submit 'em slabbed for crossover, or break 'em out and submit 'em as raw ?

Also... what grades do you see when they come back from ANACS ? Are the ANACS grades similar to the PCGS grades ?

 

No no I mean I like to buy PCGS coins and submit my raw coins to ANACS, Ive never taken a PCGS slabed coin and sent it to ANACS, although when I get a little money to cover the fees I am planning a little experiment on a few coins. (ie sending the same 5 or 10 to the top grading services and seeing what the different services grade)

 

Out of the two I would pick PCGS.
I always have liked ANACS but it seems like lately they have started to overgrade.
If you can do it I would suggest sending them to NGC.
As coindude said---everyone on here will say something else!

----Quote from Speedy----

Speedy,
You always went Anacs, especially when they gave you FBL`s.
ANACS has not "latly they have started to overgrade"

My experience with ANACS is in Morgan VAMS. ANACS invented the Morgan Vams.

I own maybe 60 Morgans with NGC, mostly NGC MS64-MS65. Some HOT 50, Some Top 100, but mostly Generic Common to Hi-End. (1881-S ultra common to 1885-CC pretty rare)

I Own another 25 or so ANACS fairly rare specialty dollars (1878 Vam 30, 31, 32, 33, 34, 36,37, 38, 41, 41a, 41b, 45) along with a bunch of Top 100 and Hot 50 in MS62PL to MS65 DPML

I have another half dozen PCGS, none less than MS64

I don`t own any ICG ,PCI, or SEGS, or NNC, NNT or any other of the CRAP graders....

GUESS WHAT??? I can pick any one of my ANACS to NGC to PCGS Morgans, several worth up to +$2000,
and I can pick an ANACS 62 that looks WAY better than an NGC 63, that looks equal to a PCGS 64 that I have.

Never Mind the PL and DMPL deal with Morgans. My Avatar is a measly 1880-S ANACS MS64 (I have 3 1880-S in MS64)....... In reality it surpasses an NGC PL I have, and I submit it should be a DMPL, a subject I talked about in the past in these very forums.

Speedy....
As for your claim that ANACS "latly they have started to overgrade"
I submit that ANACS recently hired away the Top talent of PCGS, and that if anything, ANACS is as strict now,or stricter than any grader has been in the past.

As a 16 year old, you always praised ANACS when they gave you FBL`s in the face others telling you that ANAC`s Suck. Go PCGS and NGS. That`s what everone told yah. Now you a couple few years older all the sudden ANACS is lame in spite of the fact they got the guy from PCGS......

That in spite of OGH and old NGC and new ANACS holders and who can figure?

I think you are maturing as a coiner, maybe you be the major dealer I deal with someday

 

Howdy BZcollector
Yes I always have liked ANACS (NGC is the one that gave me the FBL though) and sent alot of coins to them....but with new changes....such as Mr Taylor/new holders/etc there seems to be some going away from being collector friendly---their customer service I hear is the pits now.
I have viewed many new ANACS slabs and alot of them are overgraded---I do own ONE new ANACS slab and it is a Morgan Dollar--I totaly agree with the grade so maybe with Morgans they are still doing alright---but I've seen others like Washington Quarters that are all overgraded at least 1 point (the coin is XF and they grade it AU)

I agree that they have gotten some top known graders from PCGS---but that is part of their downfall almost IMHO---PCGS (if you go back and read my thoughts on PCGS) has seem to overgrade on the higher grades---since Mr Taylor has started and these new graders I have heard of more and more ANACS PF and MS70 coins than ever before.

I still praise ANACS--and I still buy coins in their slabs but mostly the old slabs---
and I'm glad that they have changed some---the new holder is nice---the new graders are great---and I hope that I'm wrong that their grading standers have changed but most of the ones I look at point that they are grading lose.

Thanks for the nice comments---I can only hope that one day I'll deal in coins--right now it looks like that may be a job I'll do years down the road as there are other things I would like to do---I would love to make coins my full time job but don't know if I can or could do that at this time and make a go of it.

Speedy

 

I prefer submitting to ANACS mainly because their service is a letter better (delays happen, but still less so than others), they're relatively cheap, and you don't need a membership to submit to them directly (remember if you consider prices of NGC or PCGS, to factor in the costs of the neccessary membership too!). If you're dealing with a coin that has a huge difference in price from one single point to another, and if resale value is your biggest concern, maybe you should consider PCGS... but otherwise I'd say you're better of with ANACS.

 

Ngc

 

I own a number of ANACS slabs, all the old holder variety. The changes they are making make me nervous, and if they are widely perceived as just another second tier company because of the changes, I just hope the coins in the old holders retain their value.

 

Buy and sell the coin not the holder, if you are confident they are graded correctly then it shouldnt matter what holder they are in. If the person buying the coin wont pay you the price it is worth raw because of the holder it is in, the person buying it is an idiot. I like graded coins, but I allways double check to see if I agree with the grade, if I dont, then I offer what I belive it is worth for it.

Grading companies are a TOOL to help you feel more confident about the grade, they are not the final say in what the coin is worth.

 

CoinDude, I know that's the theory. But it is more difficult to get full value selling a properly graded coin in a second tier TPG holder than an overgraded coin in a first tier TPG slab. As with many things in life, perception becomes reality; and the perceived quality of the grading company becomes a bargaining chip. That is why it is important to collectors for these companies to maintain the highest standards of integrity. Unfortunately, sometimes a little less integrity can bring in a lot more money, and the ethics of the industry are slightly lower than most of us wish. That's just the way it is.