sending a coin to anacs for grading.

[Guest]

can anyone answer this ; i have one coin that is worth about $40 . i want to send it to anacs to have it professionly graded. but they want $14 fee, $19 postage,then the cost of my postage of sending it to them ,insurance,cost of padded envelope etc. it just dose'nt make any sense. i want to use anacs because anyone can submit coins without joining with them. please tell me how you guys do this. otherwise i would have to sell this $40 coin for $80.
( scratching my head in ny)

[pman860507]

I don't see the point of stabbing a 40 dollar coin if it will cost 80 to stab it if you are just going to sell the.coin. if you plan on keeping it I can see why you would.

If you want to sell it throw it in a 2x2 and call it good.

[MrHaz78]

I would advise waiting until your have several to send in. Like right now I think they have a special going on for $10 per coin up to 20 coins. Unless you have a somewhat valuable coin, the costs outweigh the value. No fun waiting, but probably the best scenerio with a lesser valued coin. Just my 2 cents! LOL Bill

[Coppertop]

Many people say pay for the coin, not the slab but unfortunately this appears to be the game we play

[SuddenAdoration]

Why is it $19 for postage?

[hasfam]

I think they have a special going on for $10 per coin up to 20 coins. LOL Bill

I think you have to send in 20 coins to get the $10.00 per deal. And if they are varieties and errors, then add $5.00 more per coin. That's a $300.00 hit to grade 20 varieties. At least that's how I seem to remember reading the special on ANACS. I may have it wrong too.

[lara4228]

Holy crap! Anacs cost that much? Wow. I've never slabbed a coin so I have zero experience. I always thought Anacs was the cheapest for mid-grade quality? I also thought I read that it ONLY cost $15 somewhere on here?

Guess I read and interpreted it wrong.

[Maineman750]

ANACS is the least expensive,but as already pointed out, send more than one coin to get good pricing.Personally I don't send anything unless it's above the $100 mark and a slab is necessary for attribution. I have very few that fit the bill,one being an 09-S vdb.

[lara4228]

"Thanks" Roger.

Lara

[tone541]

still need advisable answer on anacs.

ok, maybe somebody knows another grading service that's cheaper , that i don't have to join with them ?

[amosamos16]

Anacs is about as cheap a tpg as your going to find for grading. But as the others have said why bother slabbing it. I rarely slab anything. Airtights, and cardboard 2x2. You can make up your own album. Dont buy into the plastic game. For certain coins and collections, I agree they should be slabbed. But for common low dollar coins, save your money and use it to buy more coins. I collect coins, not tpg opinions. Just me.

[tone541]

slabbed coins

i here you amos, but according to the many slabs i see ,i think i'm under grading my coins just wanted to have at least one slabbed from anacs to check and verify my own grading. just don't want to pay thru the nose to find out.
tony

[pman860507]

i here you amos, but according to the many slabs i see ,i think i'm under grading my coins just wanted to have at least one slabbed from anacs to check and verify my own grading. just don't want to pay thru the nose to find out.
tony

Then i would wait till you have a coin that you think would value more then the stabbing process. you can always look at the PCGS photo grade.

http://www.pcgs.com/photograde/

[SuddenAdoration]

Tony,
I understand your frustration with this... I am in the same boat. Even getting my small date 1970S is not worth it. It would be nice.. but not feasible. I found a lot of DDO's that are valued around 20 dollars each, maybe more depending on the buyer. My thought was if I get one slabbed it might sell for more as I have seen online. However the gamble isn't worth it if the coin will not sell with a premium. If you want it slabbed for your collection that's different, do it if you can justify the cost. I don't want to hoard coins, so I keep one of everything I find and put the rest in a "sell/trade/or give away" box, I hope to be able to sell them so I can get a scope... If you want to sell some coins, items sell for a higher price if you have really good pictures Eventually I will slab a few for my sons collection regardless.

Do you know why is the postage so high?

[MrHaz78]

"Do you know why is the postage so high?"

According to the "Shipping Calculator" on the back of their submission forms it starts at $19.00 for "Postage, Insurance, Packaging, and Handling". Lowest rate for 1-5 coins with a claimed value from $0-$100 is the base rate of $19.00. It then goes up from there for amount of coins and declared value. I have sent coins in twice to ANACS, and all come back insured with delivery confirmation. Speaking only for myself, I think it's somewhat reasonable rates considering the services provided. I guess it really depends on the coins and their value to the person submitting them if ANACS is the route you want to take. Bill