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May 04, 2012, 03:12 PM
#1
anacs to conservative
got this back from anacs a while back and thought for sure it was at least a 8 grade. sorry for the crappy scan. what do you guys think would this coin have gotten better grade at another company?
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May 04, 2012 03:12 PM
# ADS
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May 04, 2012, 03:39 PM
#2
According to PCGS Photograde, it should be about VG-10.
1/100 of an American dollar is a cent. It is NOT a penny. The word penny is used by several other countries, such as Great Britain, to denote their smallest denomination. In order to be numismatically correct, you must use the term cent to describe the American coin.
“The only thing necessary for the triumph of evil is for good men to do nothing.”
― Edmund Burke
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May 04, 2012, 09:32 PM
#3
ANACS is considered to be the least conservative grading service, after PCGS and NGC. I believe they net graded this coin. The coin has VG details, but has been knocked down to G-4 due to surface problems and porosity.
-Paul
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May 05, 2012, 03:45 PM
#4
I feel a bit cheated. redbook says a g4 coin is worth 70$. and a f12 is worth 110$. and i have heard the total opposite for anacs i hear they are the most conservative. know this know i will always go to PCGS. This coin should be at least a VG8-10.
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May 06, 2012, 09:30 AM
#5

Originally Posted by
deeptarget
I feel a bit cheated. redbook says a g4 coin is worth 70$. and a f12 is worth 110$. and i have heard the total opposite for anacs i hear they are the most conservative. know this know i will always go to PCGS. This coin should be at least a VG8-10.
You were misinformed. PCGS is seen as the most conservative, although NGC is right up with there with them. Then ANACS, then ICG.
-Paul
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May 11, 2012, 07:45 AM
#6

I love to help people learn about the coins they find or collect.
The coin appears to be VG8 and ANACS places net grades on their holders plus why it was net graded, so I don't know why the conservative grade.
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May 11, 2012, 11:07 AM
#7
The coin isn't net graded - if it was it would say "net" on the holder. Sometimes they get it right, sometimes they don't. I have resubmitted several coins to pcgs w/ success. I sent in a 1914d cent in a pcgs f15 holder and it came back pcgs vf25.
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May 12, 2012, 07:15 PM
#8

Originally Posted by
baddbluff
The coin isn't net graded - if it was it would say "net" on the holder. Sometimes they get it right, sometimes they don't. I have resubmitted several coins to pcgs w/ success. I sent in a 1914d cent in a pcgs f15 holder and it came back pcgs vf25.
You misunderstood my use of the word "net graded." I didn't mean they gave it a details grade, but rather that while the coin might have better details than the assigned grade, it has been knocked lower instead of giving it a details grade. You can't tell enough from the photo to to definitively tell if that was the case. But it was either that, or ANACS simply misgraded the coin. I would never base the "conservativeness" of a grading service on one coin.
-Paul
-Paul