Topic: Anacs undergoing a PROCEDURE CHANGE - page 3. (Read 1513 times)

I have an order at ANACS which has been in the "Opening" stage since Dec 17

When I first mentioned this earlier in the thread, I was only half joking.  I back this, but i agree, a true grader with experience in the field will be necessary.


Further thoughts I've had.  Ship the coins to a central location (always registered), perhaps a trusted escrow.  Grader makes quarterly trips to this location to grade the coins. Bring the grader to the coins, not the opposite. We have escrows that've handled silly amounts of funds. and international shippers with great records, though I could support an EU and an American Representative. the two combined with a mobile grader (quarterly, monthly, whatever the demand is) makes for a good start and go from there.  Im open to comments and thoughts on this idea.

Another week and still not graded yet...  55 days so far for this last batch I sent them.

Procedure changes like this are unsettling.   Grade malleability across different time periods degrades customer confidence.  Hopefully this does not change again. 

I must say, you are limiting yourselves if you intend to make this for physical crypto's only. There is not and likely will not be enough volume to support any kind of worthwhile business venture. Though of course 2-3 people doing it as a hobby is cool, it still that brings up questions of insurance, etc.

Frankly, I would expect one or more of these people quit rather quickly, as while they may go into it with the best of intentions, I can practically guarantee that there will be drama, accusations, and all kinds of things stemming from the fact that you are handling 100k+ (soon ) coins of people from different countries. Mistakes may be made, shipments may be lost, accusations will be made, integrates will be called to question, and accusations of favoritism will be openly debated. I would not want this for myself, especially if I was doing the work purely as a hobby/favor.

I believe there is an opportunity to use the 'hype' around bitcoins and blockchain, and the novelty of physical crypto, to create significant publicity for a new coin grading service, that may compete with the existing graders. This could for example utilize blockchain tech for tracking coins & grades, and even use a distributed/decentralized blind-judging model where several experts grade each coin, and the average grade is assigned automatically. There may even be the possibility of raising money with an ICO with a utility token, but that is not by any means critical.

I would be happy to play a role in this kind of enterprise, should others show serious initiative.

Excellent info, thanks!

There is a special way to ship them to ANACS where you do not pay customs. ANACS has a form for customs that takes care of that little issue. To answer the first question: Nope...only ANACS in the USA.

Here is a link with more details: https://bitcointalksearch.org/topic/anacs-grading-from-the-eu-953862

Adding to the issue:

Is it even possible to get crypto coins located in the EU graded in any reasonable way today? Shipping to ANACS in the US is for most of EU completely out of the question due to customs issues.

Any estimates would be screwed up due to coins being regraded. Anacs hasn't been the best at "consistency" in the past.... there's so many kinds and new makers every other week it seems.

Any estimates as to how many crypto-style coins get graded yearly?

my 2 cents as a systems guy new to this stuff:

monkeynuts thinking regarding how to achieve objective consistency should help enable a sustainable model even if based on several geodistributed part-timers. can more be done to this end? Consistency would seem to be one of the more important qualities.

The post-grading value-added stuff like CoC-tracking / population db's etc. should also help motivate a resonable fee level especially considering the value it would provide over time.

Yeah, we're open to hearing what he has to say    Thanks Blazed

There simply is not enough volume of coins to get something like this off of the ground. I suppose we could find some coin experts and make it a part time side thing for them. I do know a guy who is very into these coins and is also a rare coins dealer in the USA. I will point him to this thread and see what he thinks.

I agree with MN, there needs to be a US based & another over the pond. Both under the same umbrella of rules, costs, etc.....consistency.

My thoughts are some form of partnership / cooperative

At least 1 grader US, 1 grader europe. May need more depending on volume / geographical demand (as many collectors are not US or European)

Hi res imaging mandatory / part of the service (to ensure consistency from day 1)

Possible DB or tracking of custody (and capacity to continue chain of custody there after), as well as the watermarked images

Proper population reports by each coin type / grade

Difficulty comes in the volume of coins needed to justify a grader traveling, per grading batch

Only alternate is using coin shows / crypto events and run a 'bring and grade' service (but then security could be a concern)

It's not a problem of money but human resources. We need to find someone trustable in the grading field first.

Lets make it an ICO.. First decentralized / semi-decentralized coin grading service.
Utility Token: Each token is good for one coin grading.

Thoughts?

Anacs are a bunch of money grubbers. We need to BOYCOTT ANACS.
Especially if all we get for triple the money is a different colored insert. Time will tell all.

....is everyone having fun yet?

As if the forks weren't making pricing these coins hard enough! 

WritingG123 will argue it makes the most sense to crack the slab, peel the coin, and sell the label....

Pre btc gold fork, post bcash fork, pre crypto slab ANACS graded ms 67 loaded coins coming soon