Thoughts about ANACS

Discussion in 'Coin Chat' started by K2Coins, Sep 16, 2014.

  1. K2Coins

    K2Coins GO GATORS

    I recently submitted 5 coins to ANACS and they are on their way back to me. How do you think they are with their grading compared to NGC and PCGS? It would also be interesting if you could share some of your experiences with using ANACS or buy/selling ANACS coins that you have personally owned (I have never owned an ANACS graded coin before, only NGC and PCGS).
     
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  3. non_cents

    non_cents Well-Known Member

    PCGS>NGC>ANACS>IGC

    ANACS used to be much better, but now they are not held in as high regard. They are really good for slabbing varieties listed in places other than the Cherrypicker's Guide, though, since PCGS and NGC would not bother with those.
     
  4. jaceravone

    jaceravone Member

    Personally, I find no problem with ANACS grading. I use all three companies and I use them each for different coins and for different reasons. I think their grading is as good as the others but I don't deal with early type coins so someone with experience in that category may be of further help. I will definitely say that their coins don't bring nearly as much as a NGC or PCGS graded coin which is a shame. Some of my best cherrypicks were coins found in a ANACS holder then crossed over to PCGS or NGC. Grades were the same, but holders different.
     
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  5. mark_h

    mark_h Somewhere over the rainbow

    I like ANACs and would use them for some coins. Usually I like the older holders - you can usually, not always, get them cheaper than the other two grading companies - and have an accurate grade in my opinion.
     
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  6. K2Coins

    K2Coins GO GATORS

    I sent coins in that people had mixed feelings about when i showed them and thought that I might receive a details grade with NGC or PCGS, but personally, I thought that they didnt look cleaned.
    I sent a capped bust half, a two cent, two morgans, and a peace dollar
     
  7. spirityoda

    spirityoda Coin Junky

    I like their grading.
     
  8. Old Error Guy

    Old Error Guy Well-Known Member

    I can only speak to errors, but I think they tend to undergrade more often than the other two. They are no more or less likely to certify a fake than anyone else.
     
  9. K2Coins

    K2Coins GO GATORS

    Just got the results, im happy, considering they were thought the be cleaned by some people:
    1832 50c EF40
    1866 2c MS62 (I think its under undergraded)
    1888-O $1 VG8 Hot Lips
    1904-S $1 EF40 DETAILS
    1921 $1 PEACE VF35 DETAILS
     
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  10. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

  11. jwitten

    jwitten Well-Known Member

    Well apparently ANACS thought some were cleaned too
     
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  12. thetracer

    thetracer Active Member

    Yea, I still can't figure out why they use the word details, which is so generic.

    If it has been cleaned, just say 'cleaned'
     
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  13. K2Coins

    K2Coins GO GATORS

    At least not all of them, I kind of figured the last two were cleaned, but it was hard to tell
     
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  14. RubenRybnik

    RubenRybnik New Member

    What about ICG, I notice eBay still allows them to be considered graded coins, what are people's feelings on them, I'm just curious?
     
  15. K2Coins

    K2Coins GO GATORS

    Im curious about that too. I never owned an ICG coin but their grades always seem to be accurate.
     
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  16. josh's coins

    josh's coins Well-Known Member

    Anacs is ok for varieties. Can't comment on ICG never dealt with them.

    As a collector I will buy PCGS coins for larger coins such as Morgan Dollars and NGC for smaller ones like Buffalo Nickels Why? because I like the way they are presented in their holders. Yet I always remember to buy the coin and not the slab.

    As a dealer I'm mostly likely going to offer a bit less for an ANACS Graded coins as opposed to a PCGS or NGC unless of course it is an important variety that the big 2 don't attribute. That's where ANACS has it edge.
     
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  17. green18

    green18 Unknown member Sweet on Commemorative Coins

    I don't submit coins but tending on what the boys before me have said........ya can't go wrong.......
     
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  18. RubenRybnik

    RubenRybnik New Member

    Thank you, this was very informative. :)
     
  19. K2Coins

    K2Coins GO GATORS

    @josh's coins how much less would you pay for an ANACS graded coin with the same grade as a PCGS graded coin? Say you would pay $250 for the PCGS coin. What would you pay for the ANACS one? $225? More? Less?
     
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  20. K2Coins

    K2Coins GO GATORS

    Also, someone mentioned earlier that ANACS tends to under-grade their coins,... With that said, wouldnt people want to buy ANACS coins in hopes of upgrading???
     
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  21. rlm's cents

    rlm's cents Numismatist

    I recently submitted a batch of woodies to ANACS - mostly just to get them slabbed for protection. Every single one of them was graded below what I figured they were and some substantially so, but I don't deduct for being a woody. I am not sure what to read from that, but I doubt they are overgrading like many seem to believe.
     
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