I know NGC and PCGS are the top tier coin graders.

I'm not sure how familiar everyone is with eBay's policies for selling graded coins.

NUTSHELL: In the past, coins couldn't be listed as "certified" nor could they be listed with a numeric grade unless they were graded by NGC or PCGS (or NCS, and appropriate details grade).

For coins that were graded by ANACS, ICG (or companies that are notably worse than ANACS and ICG), the rules prohibited sellers from calling the coins "certified" or something like that.

Apparently, that's changed, and ANACS is now included with NGC and PCGS in the category of what may be listed as certified coins. I was surprised because along with ANACS, ICG was also added to the list. Here is the link to the policy:

http://pages.ebay.com/help/policies/currstamps.html#graded

So, here's my question to the group, and please feel free to answer publicly, or reply directly to me:

Has grading at ANACS improved to the point where ANACS slabbed coins are considered acceptable to collectors? Would you buy an ANACS slabbed coin? If so, under ANY circumstances, or only in limited cases, and if it's under limited circumstances, what are they?

Along the same lines, would you submit coins to ANACS for grading? If so, are there any particular coins you'd submit, or would you submit any coins?

I ask these questions for a couple of reasons:

1. I haven't been following the industry too closely over the last year or two, so I honestly don't know if there have been any seriously changes at ANACS. Obviously, my preferred TPG company is still NGC. I know most collectors probably still prefer either NGC or PCGS, or use the two interchangeably. However, this gets into the second part of why I'm asking.

2. A dear friend of mine has just learned that her aging father has quite the hoard of Peace Dollars, Morgan Dollars, and halves, which start from silver Kennedy and apparently date back to at least Walking Liberty series. The large dollars alone apparently number in the hundreds, and as our texts continued overnight, more things kept popping out of the woodwork, so to speak.

The first thing I'm doing is getting her some 2.5"x2.5" pvc-free flips, for when she CAN finally afford grading.

That said, she's a waitress and her dad lives on Social Security, so spending $17/coin at NGC is just out of the question. I have presented the idea of pre-selecting coins to submit, the ones which are likely to be the most valuable based on date/mintmark combinations, and condition of course, but even then, her finances will dictate how many she can submit and how frequently.

I know ANACS often has sales/special offers, and their grading fees are a bit lower than NGC, so with ANACS showing up among the grading companies that eBay seems to be recognizing where they haven't in years past, I'm wondering if it might be worth submitting some of the other coins to ANACS.

Anyone have experience or knowledge about ANACS and their coin grading as it stands today in the marketplace? How about their coins and do they sell?

If it's a waste of time and money to even consider it -- that's fine. I know a couple of years ago, I wouldn't have considered mentioning it to my friend. The bottom line is that I'm trying to ascertain whether or not that's changed.

Hope that made sense, as I'm getting close to bed time.

Mike B.

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