Super Low Grading Standards?

Discussion in 'US Coins Forum' started by toned_morgan, Jul 10, 2020.

  1. toned_morgan

    toned_morgan Toning Lover

    Did ANACS have really low standards in the old days. I spotted this coin and it looks anything but MS61. The fields and cheek are super clean, however I can't tell if it is AU wear making it smooth or not. Thanks for any help.

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  3. imrich

    imrich Supporter! Supporter

    You may not like the total coin, but I believe if you're objective you'll determine that coin to be at least MS61. I can go on eBay virtually any time and probably find a MS62 - MS63 NGC or PCGS with bad toning and WEAR on the breast/hair. Please go and look.

    In my opinion ANACS was one of the better original TPG. I can no longer assess grading qualities of any TPG since it appears there are no uniform grading standards.

    Last edited: Jul 10, 2020
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  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    The grading standards of a few years ago no longer apply to today's standards.
  5. Lehigh96

    Lehigh96 Toning Enthusiast

    The coin appears to have a dipped out appearance with some peripheral secondary toning. The assigned grade may be a little low but I think it maxes out at MS63, and it would be low end for that grade.
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  6. BlackberryPie

    BlackberryPie I like pie

    I think the blue writing ANA, pre-anacs tend to be a grade lower vs today standards. Most eBay sellers know it and price those coins at least a grade higher than what the slab says.
  7. BlackberryPie

    BlackberryPie I like pie

    Looks higher than 64 to me.
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  8. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    I second the dipping
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  9. toned_morgan

    toned_morgan Toning Lover

    So if it was dipped then the luster would be subdued and look like luster from cleaning wouldn't it?
  10. Lehigh96

    Lehigh96 Toning Enthusiast

  11. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    As a general rule, I place more trust in the grades assigned in the old holders from all of the major TPGs. Over time, standards across the board have slipped.

    That said, buy the coin, not the holder.
  12. micbraun

    micbraun coindiccted

    Compared to the 1886 Morgan it looks just like that. MS61 seems to be the net grade for a dipped MS63/64.
  13. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Unfortunately, most of what’s left in the old holders is the stuff that won’t upgrade today or were overgraded. I’ve seen too many coins with ugly altered surfaces in old straight-grade ANACS slabs to blindly trust them. And that is much of what’s left in those slabs
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  14. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    Hence, buy the coin, not the slab.
  15. BSquared

    BSquared New Member

    I've often wondered whether or not, graded silver coins might tone further after they're in the holders. Might this be part of the issue here?
  16. johnmilton

    johnmilton Well-Known Member

    The old ANACS did a fairly decent job with its grades, but it never got much respect from the a lot of the dealer community. At times it under graded coins, especially gold, but most of those coins got cracked out and sent to one of “the big two.” Other times they goofed up and missed a cleaning or over graded items, but so did “the big two.” Overall the old ANACS could never get by the lock “the big two” had on the grading market, and that continues to this day.
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  17. chascat

    chascat Well-Known Member

    I own several of the old ANACS graded Morgans, and when I bought them in the 90s they were all brilliant surfaces. The material in the label tends to harshly tone silver coins over time and they are still toning today.
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  18. John Wright

    John Wright Well-Known Member

    Generally, anything PCGS-graded below MS63 is not MS.
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  19. Mr.Q

    Mr.Q Well-Known Member

    Given the technology of today one would think TPG's would be better than ever but not so. Send a coin to the top five TPG's and you may get two to agree that is not a majority to me. The coin speaks to me and between the both of us our 2PG is the best of the best... Our opinion only!
  20. john65999

    john65999 Well-Known Member

  21. Cheech9712

    Cheech9712 Every thing is a guess

    yah saw one coin jump like 8 points from 58 to 66 two sellers in one month. Saw it a few days ago
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