You made my day by answering my question about why people clean coins! I shared it with my wife and it reaffirmed her opinion of me that I'm not a total idiot! I really appreciate it, Ben. Please keep the videos coming and the interviews. Oh, if you ever want to interview me, I am available. I think it might be neat to get the perspectives of a plain old collector, especially if it is a retired AF meteorologist!
Great video!. Several things to add to Ben's commentary. A whole collection of coins in an album will be broken up depending on several circumstances. Most dealers will have customers who will have want lists of specific dates that they need. If a collection has the desired coin and grade, then that coin will be offered. All of the key coins to a collection will be sold this way. Many dealers just determine an overall buy price based upon the keys and semi-keys. All the other coins will be "gravy!" A dealer can maximize his return on a purchase this way and as quickly as possible to make capital more available for more coin purchases. As Rodney Dangerfield the famous comedian says: " I get no respect!" ANACS doesn't as well! I believe this is partially due to its pricing and many discounts offered. If the price of their grading were more costly, those who equate quality with price would appreciate ANACS more as well. But being the reasonable graders that they are, it's a good way to slab coins which would not be economically feasible with PCGS or NGC. Another reason to slab a coin regardless of price is to determine its being genuine. Even if a coin is "Detailed," the coin's overall grade, at least with ANACs is a good place to begin negotiation. Be well! Ed
As I was starting my Lincoln set, I came across a 1941-1970 set at a coin shop in a large plastic display case. Every coin was uncirculated and red. It saved me a ton of effort cherrypicking, and I did end up swapping out several, but it was a great start to my set, and I'm sure the coin shop guy was happy to sell it.
Fully agree on ANACS. I have received perfect, or even slightly conservative, grading from ANACS, especially since the onset of CACG. Yes, when I display/sell at a local bourse, I have superb coins and toners in ANACS that are quality pieces I just did not want to wait 3 months for and pay twice the fee (although I can submit to all of the other services). Anecdotally . . . try to get a common Morgan in an MS66 holder now through ANACS. After you try and fail, including your 66 and 66+ crossovers . . . . come back here and let me know how ANACS grading has been 'loose' for you.
Hey Ben! Any thoughts on doing a Centra States preview video (what to expect, tips/tricks, etc.) I’ll be attending for the first time and something like this would be really helpful! Love the videos
In regards to ANACS, I think it’s more than they USED to be less reliable, and once you are determined to be “unreliable” it’s really hard to break back into the market. But channels like yours give it a fighting chance!
Always love these vids! One comment about ANACS, though. You keep using the qualifier "over the last two or three years" when discussing how well they are grading. They've been around for a heck of a lot longer than that. It would be interesting to hear what happened before 2 or 3 years ago in order to determine why the marketplace has put ANACS where it is. I'm not in any particular camp on this; I've seen scratched or cleaned coins straight-graded in PCGS, NGC, and ANACS holders, but clearly something did happen years ago that caused the market to shift in this way.
Recently graded ANACS coins grades may be on par with PCGS and NGC, but if you go back more than a handful of years their standards were obviously less strict than the other 2 companies, and unfortunately unless you can figure out a grading date from what's written on the label there's no good way to tell if a coin was submitted 2 or 20 years ago. That being said I wouldn't call ANACS "unreliable" , their attributions are good (they slab varieties the others dont) and they're a more inexpensive way to make sure a coin is genuine.
I'm 15+ years into collecting ancients and while I go the route of breaking slabs and keeping my coins unslabbed, I do have some opinions on the grading companies (don't we all?). Both ANACS and NGC let occasional forgeries through, but NGC seems to have a stronger roster handling ancient coin grading. ANACS lets more forgeries through and I would argue that NGC is a bit better at determining the grade, if the latter really matters.
I buy Dirty Tarnished Morgan Silver Dollars on eBay. Dirty Coins always cost less. I remove the Tarnish, because I like the looks of a "Blast White" Morgan. I hate the look of Tarnish. So I remove it with Sodium Fluoride (NaF), Hydrogen Peroxide and Slime (Plastic Polymer Fibers). I am now a PCGS Member and getting ready to send some for Grading. We will see if Coin Collectors are right about my cleaning methods.
I think anacs grades just as well as pcgs and ngc lol i just hate the mustard yellow label. If they changed the color to blue or something better, i would send my coins to them (i dont resell, i collect) but till they change that awful color, i will stick with pcgs
I used to brighten my circulated Lincoln Cents with a #2 pencil eraser,✏️ however that was a long, long, long time ago !!! 🤔 At times, all of the for-profit, third-party grading services SUCK, in my opinion. “Accuracy, consistency, reliability” - yeah, not so much. 😉 ⚾️⚾️⚾️ ROGER, The LOS ANGELES DODGER
PCGS I believe it simply more popular because there’s more of them out there. A lot of people don’t know that some of these dealers will send in 1000+ coins.
Hey thank you! Do you think that we will be seeing any coin grading company licensing their identification protocol so we can develop better tools for determining if a coin is real? Such as the ability to take a high detail pic on a mobile app of a coin not to determine if it's real but to alert us to known fakes?
I only grade with ANACS . They are cheaper they come back faster and believe me they do variety and everything else. Why not just go with yes I buy some PCGS and and and NGC
You've gotta always mention VCoins when talking about ancient coin prices. It only shows coins up for sale, not those that sold, but at least it gives folks a ceiling price on whatever authentic ancient coin they want. So many fakes on ebay that I can't trust its sold history for ancients.
ANACS suffers from several issues, the holder is not well liked in the market, PCGS and NGC have incentivized the biggest collections in the world to grade with them, the auctions play their part with it and the big 2 have really stayed consistent for the past 30 years where ANACS switched to the new holders people don't like them.
Notifications needs improvement on RUclips. There's times i need to manually type Ben in the search to see the newest video. I know he uploads daily at 1:00 central...the only zone that matters 🤣😁🤗 and I've received no notification.
ANACS is always getting a bad rap. However it was the first third party grading system. Its grades are on par with PCGS or NGC. But for some reason people disparaged ANACS for whatever reason and I believe that it is a bad reason. I will buy ANACS for the grade the same way I would buy an NGC or PCGS. As far as I’m concerned the grade is the same, regardless of the company. Plus I usually can get a discount.
If my Flying Eagle One Cents come back as Detail, I am not going to take them out of the Holder. The Holder says, this coin is a authentic 1857 & 1858 One Cent. That means they are not a Fake Coin and it is worth lots of money.
Ben, I always appreciate your knowledge and willingness to share information and viewpoints. I like the mailbag segments as well as the others.
Thank you
When I was working on my U.S. Type Set, Anacs saved me a lot of money. Always enjoy your videos. Take care.
You made my day by answering my question about why people clean coins! I shared it with my wife and it reaffirmed her opinion of me that I'm not a total idiot! I really appreciate it, Ben. Please keep the videos coming and the interviews. Oh, if you ever want to interview me, I am available. I think it might be neat to get the perspectives of a plain old collector, especially if it is a retired AF meteorologist!
Great video!. Several things to add to Ben's commentary. A whole collection of coins in an album will be broken up depending on several circumstances. Most dealers will have customers who will have want lists of specific dates that they need. If a collection has the desired coin and grade, then that coin will be offered. All of the key coins to a collection will be sold this way. Many dealers just determine an overall buy price based upon the keys and semi-keys. All the other coins will be "gravy!" A dealer can maximize his return on a purchase this way and as quickly as possible to make capital more available for more coin purchases.
As Rodney Dangerfield the famous comedian says: " I get no respect!" ANACS doesn't as well! I believe this is partially due to its pricing and many discounts offered. If the price of their grading were more costly, those who equate quality with price would appreciate ANACS more as well. But being the reasonable graders that they are, it's a good way to slab coins which would not be economically feasible with PCGS or NGC. Another reason to slab a coin regardless of price is to determine its being genuine. Even if a coin is "Detailed," the coin's overall grade, at least with ANACs is a good place to begin negotiation. Be well! Ed
Good video as usual. Very rarely do I hear dichotomy in conversation!!
As I was starting my Lincoln set, I came across a 1941-1970 set at a coin shop in a large plastic display case. Every coin was uncirculated and red. It saved me a ton of effort cherrypicking, and I did end up swapping out several, but it was a great start to my set, and I'm sure the coin shop guy was happy to sell it.
Would love to see a update shop tour
I bought an old collection several years ago; every silver coin had been lacquered, but not cleaned before being lacquered.
Fully agree on ANACS. I have received perfect, or even slightly conservative, grading from ANACS, especially since the onset of CACG. Yes, when I display/sell at a local bourse, I have superb coins and toners in ANACS that are quality pieces I just did not want to wait 3 months for and pay twice the fee (although I can submit to all of the other services). Anecdotally . . . try to get a common Morgan in an MS66 holder now through ANACS. After you try and fail, including your 66 and 66+ crossovers . . . . come back here and let me know how ANACS grading has been 'loose' for you.
Hey Ben! Any thoughts on doing a Centra States preview video (what to expect, tips/tricks, etc.) I’ll be attending for the first time and something like this would be really helpful! Love the videos
In regards to ANACS, I think it’s more than they USED to be less reliable, and once you are determined to be “unreliable” it’s really hard to break back into the market. But channels like yours give it a fighting chance!
Always love these vids! One comment about ANACS, though. You keep using the qualifier "over the last two or three years" when discussing how well they are grading. They've been around for a heck of a lot longer than that. It would be interesting to hear what happened before 2 or 3 years ago in order to determine why the marketplace has put ANACS where it is. I'm not in any particular camp on this; I've seen scratched or cleaned coins straight-graded in PCGS, NGC, and ANACS holders, but clearly something did happen years ago that caused the market to shift in this way.
Recently graded ANACS coins grades may be on par with PCGS and NGC, but if you go back more than a handful of years their standards were obviously less strict than the other 2 companies, and unfortunately unless you can figure out a grading date from what's written on the label there's no good way to tell if a coin was submitted 2 or 20 years ago. That being said I wouldn't call ANACS "unreliable" , their attributions are good (they slab varieties the others dont) and they're a more inexpensive way to make sure a coin is genuine.
I have a few cleaned coins in slabs, nice coin and got them at a good price. Some were from ANACS.
I'm 15+ years into collecting ancients and while I go the route of breaking slabs and keeping my coins unslabbed, I do have some opinions on the grading companies (don't we all?). Both ANACS and NGC let occasional forgeries through, but NGC seems to have a stronger roster handling ancient coin grading. ANACS lets more forgeries through and I would argue that NGC is a bit better at determining the grade, if the latter really matters.
I buy Dirty Tarnished Morgan Silver Dollars on eBay. Dirty Coins always cost less. I remove the Tarnish, because I like the looks of a "Blast White" Morgan. I hate the look of Tarnish. So I remove it with Sodium Fluoride (NaF), Hydrogen Peroxide and Slime (Plastic Polymer Fibers). I am now a PCGS Member and getting ready to send some for Grading. We will see if Coin Collectors are right about my cleaning methods.
I took apart a penny collection. I'm sending the two Flying Eagles to PCGS for grading. The rest went to my Stack.
Good show Ben, Thanks!
I think anacs grades just as well as pcgs and ngc lol i just hate the mustard yellow label. If they changed the color to blue or something better, i would send my coins to them (i dont resell, i collect) but till they change that awful color, i will stick with pcgs
Donald in New Mexico…. Does Ben’s beard make him look like he’s prepping for the villain spot in a SuperHero movie?
Beard? I thought he just needed to wipe the excess taco off. 🌮👋
Hi DP. Long time no see. GTSY!
😅😂😆 yous guys !!!
Been looks fresshh bro i cant live without my beard
It makes Ben, “The Coin Geek”🤓 look even shadier. 🧐 😲😳😬 🤣😂🤣 ⚾️⚾️⚾️
ROGER, The LOS ANGELES DODGER
I used to brighten my circulated Lincoln Cents with a #2 pencil eraser,✏️ however that was a long, long, long time ago !!! 🤔 At times, all of the for-profit, third-party grading services SUCK, in my opinion. “Accuracy, consistency, reliability” - yeah, not so much. 😉 ⚾️⚾️⚾️
ROGER, The LOS ANGELES DODGER
PCGS I believe it simply more popular because there’s more of them out there. A lot of people don’t know that some of these dealers will send in 1000+ coins.
I like the interview videos
Hey thank you! Do you think that we will be seeing any coin grading company licensing their identification protocol so we can develop better tools for determining if a coin is real? Such as the ability to take a high detail pic on a mobile app of a coin not to determine if it's real but to alert us to known fakes?
Dang that’s a smart question! I’ll see what I can find
I only grade with ANACS . They are cheaper they come back faster and believe me they do variety and everything else. Why not just go with yes I buy some PCGS and and and NGC
You've gotta always mention VCoins when talking about ancient coin prices. It only shows coins up for sale, not those that sold, but at least it gives folks a ceiling price on whatever authentic ancient coin they want. So many fakes on ebay that I can't trust its sold history for ancients.
Thanks for adding that comment! 👍🏼
Thanks for the video ben its a good video
ANACS suffers from several issues, the holder is not well liked in the market, PCGS and NGC have incentivized the biggest collections in the world to grade with them, the auctions play their part with it and the big 2 have really stayed consistent for the past 30 years where ANACS switched to the new holders people don't like them.
For my Dansco US type set, I try to go Proofs only, as much as is possible.
I do no not break up coin albums. Of course I don't have a coin album...but still.
Technicality
Lookin good with the beard 👍
Notifications needs improvement on RUclips. There's times i need to manually type Ben in the search to see the newest video. I know he uploads daily at 1:00 central...the only zone that matters 🤣😁🤗 and I've received no notification.
ANACS is always getting a bad rap. However it was the first third party grading system. Its grades are on par with PCGS or NGC. But for some reason people disparaged ANACS for whatever reason and I believe that it is a bad reason. I will buy ANACS for the grade the same way I would buy an NGC or PCGS. As far as I’m concerned the grade is the same, regardless of the company. Plus I usually can get a discount.
Whenever I buy coins that are graded ……. to me it doesn’t matter what the company is because I’d buy the coin not the holder..
Keep the beard!
If my Flying Eagle One Cents come back as Detail, I am not going to take them out of the Holder. The Holder says, this coin is a authentic 1857 & 1858 One Cent. That means they are not a Fake Coin and it is worth lots of money.
Found on road dead,, that's a new one
🤘😎🤘
Nice tips
Thanks! Didn't know they were showing.
@@johnleeshute 😂😂
A Detail Grade says the coin is authentic. For a 1857 One Cent, proving it is authentic is important.
Goatee looks good bro🤘🤘
Hi ben
Yep, not #1 😊
YEP. NOT #2 EITHER!
😁
Comment down below.
I tried to buy coins from youre website but when I select Holland it keeps asking what state dont you sent tot Holland
🍯🐝🌻
Hi Ben. Wax on. 👋 Wax off.👋 Philosophically. I hope everyone has a fantastic week. *>>>------------->* 🦉
Tenho
Hey Ben
😂
Ben forgot to shave.
He just didn't stand close enough to the razor.
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO! beard, please
Yeah- I get it
Ben, get rid of the beard. It makes you look less geeky!
THIRD!