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ANACS Responds About Ebay
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<p>[QUOTE="desertgem, post: 1421110, member: 15199"]Yes, and they were grading coins before "slabs", but then they were an arm of ANA and were bound to the ANA Grading specifications, and as an owner of some of the photo-certificates with coins attached, I agree they were strict.</p><p><br /></p><p>But ANA sold off ANACS as a private concern and now if you want to grade a coin as a member of ANA, you are given the right to use NGC ( not ANACS) services. That tells me a lot. I am happy that ANACS does certify many varieties that PCGS and NGC do not, for the sake of new collectors of varieties ( many of who can't tell DD from MD), but that shouldn't be impacted by the eBay rule.</p><p><br /></p><p><br /></p><p><br /></p><p>And who do you actually stick it to??? All it will do is raise the fees by eBay even more eventually, or cause more stringent rule changes. The "Man" won't even take notice of it higher than a low level grunt who has to process it.</p><p>Ebay net income this first quarter were $570 million , up 20% from revenues of $3.28 Billion, up 29%. That sure doesn't indicate too much unrest and lack of sellers. IMO.</p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1421110, member: 15199"]Yes, and they were grading coins before "slabs", but then they were an arm of ANA and were bound to the ANA Grading specifications, and as an owner of some of the photo-certificates with coins attached, I agree they were strict. But ANA sold off ANACS as a private concern and now if you want to grade a coin as a member of ANA, you are given the right to use NGC ( not ANACS) services. That tells me a lot. I am happy that ANACS does certify many varieties that PCGS and NGC do not, for the sake of new collectors of varieties ( many of who can't tell DD from MD), but that shouldn't be impacted by the eBay rule. And who do you actually stick it to??? All it will do is raise the fees by eBay even more eventually, or cause more stringent rule changes. The "Man" won't even take notice of it higher than a low level grunt who has to process it. Ebay net income this first quarter were $570 million , up 20% from revenues of $3.28 Billion, up 29%. That sure doesn't indicate too much unrest and lack of sellers. IMO. Jim[/QUOTE]
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