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ANACS - Are they good?

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I realize that this is an awful question to ask on the NGC forum, but has anyone had experience with ANACS?

How do they compare with NGC and PCGS?

I obvious that NGC and PCGS are the most recognized services out there, and if you ever wish to resell, They also receive the premium.

I was just wondering how they do as their job is concerned. They definately do not sell as well as the others.

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Modern ANACS is junk. Do not submit to them, they are definitely second class slabbers.

 

If you get old slabbed ANACS coins, in the small white holders, they are generally accurately graded and worth paying almost full price for.

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Thanks for your input physics, I am first and foremost an NGC person.

 

I've noticed that any given coin goes for much less than an equally graded coin by NGC.

 

I've read before that ANACS is recognized, but have never had any experience with them.

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I like ANACs. I cant say I have a ton of experience with them but the few coins I recently submitted have come back accurately graded in my opinion.

 

If you are a VAM collector and its not a more popular or recognized VAM they will attribute it.

 

If you are keen on looking for bargains and not looking to cross the coin you can pick up some decent deals in ANACs slabs.

 

I just picked up a ANACS 1902 Barber Half that is graded EF45 and its solid for the grade IMHO.

 

But as always buy the coin and not the holder....

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I like ANACS, esp. the older slabs, but since they are not allowed in the top 2 TPGS Registry sets and, also, since I am not one to fool with crossovers, unless I have to ( i.e. a very rare and well preserved coin in any other holder but NGC/PCGS---very unlikely---), I will stear clear of ANACS. I do play the registry game and that aspect of collecting/investing is important to me. It would have to be one rare bird for me to mess with it and I would have to feel sure about it. This has yet to happen at a feasible price. There are plenty of quality, affordably priced PCGS/NGC coins out there, so it's not worth the time and trouble.

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I would consider a coin in an ANACS holder if the coin itself had merit, but I would cross it over.

 

I'll admit that my collection is PCGS-heavy, and that I'm a member of their Collector's Club. But, I consider set registries secondary to coin collecting, and I will give NGC-graded coins equal treatment when working on higher end items. Right now I am working on a circulated Peace dollar set that is all-PCGS. But, my best coin right now is an NGC-graded 1911-D quarter eagle in AU55. Believe me, I put a lot of time and mental energy into getting that coin. In the end, I bought the coin, not the holder. (Ding! Cliche points collected!)

 

My grading skills are still in training, so I'm very reliant on third party grading when it comes to coins in the $1000s range. PCGS, NGC, and CAC have widespread industry support. ANACS is spotty at best, in spite of their historic significance. ICG is rapidly fading. The other guys have no backing, even on places like eBay. Until my grading skills are better, my higher end coins are going to be pretty much PCGS and NGC.

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I realize that this is an awful question to ask on the NGC forum, but has anyone had experience with ANACS?

How do they compare with NGC and PCGS?

I obvious that NGC and PCGS are the most recognized services out there, and if you ever wish to resell, They also receive the premium.

I was just wondering how they do as their job is concerned. They definately do not sell as well as the others.

 

I gave ANACS about $1500 worth of business at the Fort Worth ANA show...

($300 to NGC and $0 to PCGS, which didn't have anyone at the table that

knew anything about grading the 3 times I visited)

 

Their grading on the new yellow label slabs is very conservative. JP Martin

developed the modern ANA grading standards and taught grading at the ANA

in Colorado Springs for many years, and was the first to make a grading

VHS video nearly 20 years ago with David Lisot's company.

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Unless the coin is not available elsewhere or can be bought at a discount to one in a PCGS or NGC holder, I see no benefit to buying a coin already in their holders. For example,Heritage has a large colleciton of Colombia coins in the new ANACS holders at the CICF auction next month but they are not premium coins. I still might bid on a few of them because they cannot be found elsewhere except on rare occassions.

 

As for submitting coins already owned, I see no benefit to that at all. The grading fees might be somewhat less (I have not checked) but the coins will almost certainly sell for less at resale.

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I have bought some ANACS, mostly the older white holders and they were correctly graded. Recently I bought a couple of gold dollars in the new yellow holders and crossed them over at a higher grade than I bought them for.

 

Many of the yellow holder coins that I have seen would not cross into PCGS or NGC holders but, if you buy the coin and not the slab, sometimes you can get what you are looking for in ANACS holders, just like any other service. You just have to be careful.

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They have very little traction in the hobby-industry and will most likely make your coins less liquid.

 

(thumbs u

 

i was going to say

 

 

I WOULD NEVER SEND THEM ANYTHING TO GRADE as per tomb response

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I realize that this is an awful question to ask on the NGC forum, but has anyone had experience with ANACS?

How do they compare with NGC and PCGS?

I obvious that NGC and PCGS are the most recognized services out there, and if you ever wish to resell, They also receive the premium.

I was just wondering how they do as their job is concerned. They definately do not sell as well as the others.

Before I read other replies... ANACS was great and on par with NGC and PCGS.... up until about five years ago. Now, I think they are trash. I can rarely stomach looking at coins in their immensely ugly slabs, and most anytime now, the coins are either nonsense, or the grading is lousy.

 

ANACS has gone so far downhill that I don't know why it bothers to stay in business.

 

(I hope my post doesn't insult anyone who happens to like ANACS.)

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I realize that this is an awful question to ask on the NGC forum, but has anyone had experience with ANACS?

How do they compare with NGC and PCGS?

I obvious that NGC and PCGS are the most recognized services out there, and if you ever wish to resell, They also receive the premium.

I was just wondering how they do as their job is concerned. They definately do not sell as well as the others.

Before I read other replies... ANACS was great and on par with NGC and PCGS.... up until about five years ago. Now, I think they are trash. I can rarely stomach looking at coins in their immensely ugly slabs, and most anytime now, the coins are either nonsense, or the grading is lousy.

 

ANACS has gone so far downhill that I don't know why it bothers to stay in business.

 

(I hope my post doesn't insult anyone who happens to like ANACS.)

 

I would imagine that they are sticking pins into their James dolls at VAMWorld as we speak.

 

Chris

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