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What? ANACS downgrades PCGS by four grades!! A Kennedy Half.
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<p>[QUOTE="Tom B, post: 1923878, member: 11854"]I will expand a bit on my previous reply, which was written when I came in the door last night after a very long trip to see a few clients.</p><p><br /></p><p>My reason for BS is gut feeling, just like the OP believes the story due to gut feeling. I have no issue with the idea that a coin could grade four points lower at ANACS than at PCGS, although I do not think it would happen often. This is especially true with proof coinage where the difference between proof grades can be quite small. However, the difference in appearance between an untoned modern proof that grades 67 and one that grades 63 is significantly large. It is so large, in fact, that I would be surprised to see a four point swing in either direction.</p><p><br /></p><p>A cross from PCGS to ANACS is also curious, but if the owner wants a variety designation on the slab and PCGS does not recognize the variety then I can see that happening with some frequency. Given the value of the coin in an unattributed PR67 PCGS holder, perhaps $35, and one in an attributed ANACS holder of the same grade (I don't know the value) then a crossover might make sense. The only value information I can find is from completed ebay transactions where the ANACS PF63 sold for about $25 and an ANACS PF66CAM sold for $65. This seems to infer that the value difference is not all that great to warrant the crossover expense from PCGS to ANACS. Of course, if ANACS was doing a special where the coins could cross for a greatly reduced fee or for free and if the shipping were combined with other coins or other folks then the investment for the crossover might be incredibly small.</p><p><br /></p><p>Overall, I have no issues with a coin crossing from one service to another and having different grades or with a coin being graded within one service and coming back at different levels. It happens in both directions to all grading services. My response was based more upon the idea that all the stars had to align (low cost initial acquisition; low cost crossover; greatly different grade in spite of the fact that untoned, modern proofs should not have such variance) than with anything else. Like I wrote previously, I went with my gut on BS, but could obviously be wrong.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 1923878, member: 11854"]I will expand a bit on my previous reply, which was written when I came in the door last night after a very long trip to see a few clients. My reason for BS is gut feeling, just like the OP believes the story due to gut feeling. I have no issue with the idea that a coin could grade four points lower at ANACS than at PCGS, although I do not think it would happen often. This is especially true with proof coinage where the difference between proof grades can be quite small. However, the difference in appearance between an untoned modern proof that grades 67 and one that grades 63 is significantly large. It is so large, in fact, that I would be surprised to see a four point swing in either direction. A cross from PCGS to ANACS is also curious, but if the owner wants a variety designation on the slab and PCGS does not recognize the variety then I can see that happening with some frequency. Given the value of the coin in an unattributed PR67 PCGS holder, perhaps $35, and one in an attributed ANACS holder of the same grade (I don't know the value) then a crossover might make sense. The only value information I can find is from completed ebay transactions where the ANACS PF63 sold for about $25 and an ANACS PF66CAM sold for $65. This seems to infer that the value difference is not all that great to warrant the crossover expense from PCGS to ANACS. Of course, if ANACS was doing a special where the coins could cross for a greatly reduced fee or for free and if the shipping were combined with other coins or other folks then the investment for the crossover might be incredibly small. Overall, I have no issues with a coin crossing from one service to another and having different grades or with a coin being graded within one service and coming back at different levels. It happens in both directions to all grading services. My response was based more upon the idea that all the stars had to align (low cost initial acquisition; low cost crossover; greatly different grade in spite of the fact that untoned, modern proofs should not have such variance) than with anything else. Like I wrote previously, I went with my gut on BS, but could obviously be wrong.[/QUOTE]
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What? ANACS downgrades PCGS by four grades!! A Kennedy Half.
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