Topic: Anacs undergoing a PROCEDURE CHANGE - page 4. (Read 1513 times)

He wouldn't give it up to me. I assume they are still finalizing the new setup and probably do not know 100%. My guess is crypto gets a special label from now on to make them look different than regular slabs. The old slabs are now more rare so lets pump those premiums ASAP.

Have they given an explanation to "what the ANACS cryptocurrency service includes" or is that expected to come out when they finalize their new terms?

Got a reply from them...

Thank you for reaching out.  Paul’s statement is accurate and the best information I have available.  I do know that discounted submissions will be renegotiated, but to what extent I do not know yet.  We should be back on track soon, I saw a Proof of the new label last week!





Sounds like they have a special crypto label coming and some price changes.

Andrew is usually spot on

It does seem like the left hand doesnt know what the right hand is doing over there. Lots of different answers 

I emailed Andrew and will see what he has to say.

I emailed ANACS and asked what is up with these delays and here is the response I got:


Thank you for contacting us. While there is a delay in the service, the program has not been suspended. We are currently updating our label and procedures to make sure our submitters and the secondary market better understands what the ANACS cryptocurrency service includes. I expect we will be back to a normal operating schedule very soon.

Please let us know if you need anything else,

Paul A. DeFelice, Vice President
Marketing and Client Relations



I do know one of the top guys over there and will be sending him an email shortly to get better info...

This whole thing pisses me off. ANACS handling this poorly it seems

As far as I am concerned there isnt a change. They havent put this on their website, and the submission form is still the same

I am gonna use that form, and send a batch in as quick as I can (this weekend), and then argue like a MoFo if they try and hoof the price up once they already have them

Until they advertise it, or change the form it hasnt happened. I dont believe they have the right to charge more until they do.


I can however sympathise with them. The logistics of securing and shipping a single 25 BTC cas, or a roll of gilt 1 BTCs are very different than they were a few years ago. From a risk / reward perspective it probably doesnt add up. (The same reason we keep coins in a bank vault rather than at home)


As for a new starter becoming a grading authority, thats a tricky one. Reputation is one thing and there are a number here who have the experience (to grade consistently, and know what they are grading) and trust (reputation of being trustworthy, and to be impartial and grade the coin, rather than who submitted it). The same issue still comes back for securing and shipping, ie insurance, or more likely lack of it. Someone needs to accept(or not) the risk of the coins in transit, or at the grading location. If adequate insurance wont cover it, then terms and conditions would need to be clear, who holds the risks, and what would happen under the circumstances of fire / flood / theft /  loss.

The ANACS coin show model works best. No shipping, no coins at a graders for weeks on end.

I think a mobile grading service could have legs. ie ship the grader, not the coins.

Lol ..I have been spending all night trying to figure out who that person might be . My guy Krogo is always on point but I especially love this idea. Just throwing my 2 satoshis out there.

I have an order sitting at ANACS that has been in process for 48 days now. Not sure of any price changes, but the turn around times are slower and slower. ANACS needs to fix this...

I think we might be blazing our minds out trying to figure out who that might be

  LOL Chi!  That is so true. And that is why we need one of our own to do our own grading.

  Before I became a Crypto coin collector I also collected stamps for 30 years.

  In the stamp collecting hobby we also have to main stamp certification services in the USA. The Philatelic Foundation and The American Philaelic Society.

 Two very important certification services. However they were not the only ones. You also had many individual persons highly respected in the stamp community

 that specialized in certain countries or area of Philately. Believe it or not, the established two sought out their advice when it came to certifying stamps that fell within their expertise

  The same can apply to us! We need one of our own who is highly respected in this forum and has the knowledge to start grading our coins.

  I will not mention names, but I have reached out to one that I can think can be the bearer of this torch! And I am sure many in this community have the same person in mind.

  

It’s especially difficult for a company who refuses to listen to the exact market they cater to.  It’s the poor mans grading service, and if not for crypto I’d own none at all. ANACS reminds me of Ford pre-2008. They looked boxy and were cheap and they suffered until they changed.

every company must always make changes or innovations in order to survive in a fierce competition. The 4 most respected rating agencies are PCGS, NGC, ANACS, and ICG. This is a very tight competition every company will definitely change from time to time including ANACS. But all these companies are needed in the market and each has a certain role.

wtf!

i just read this, this is insane!

what is the grading company in UK ? @TMAN

Hell i can start one grading company here, i even got one 1h drive away to me.
Do a project on them- learn and make my own but shipping to and from here sucks

---

it's not about being wealthy, the ANACS grading is shit anyways but charging so much for that, does that mean from now they will ship all the coins fully insured? will they take liability for any lost or tempered coin?

$59 For a grading service which is shotty at best.  How many people here cracked old grades and re submitted when they started grading crypto favorably.  At $20 meh ok, but $60 nah I will keep my coins ungraded.  I know others disagree but $60 for a shot in the dark grade...on side note I do like the sealed cases they are in.  Only thing is that they right side the holo side and the front of the coin is sideways if the coin maker doesn't align the front and holo. 

**Sigh**  looks like they have us by the short hairs.     I know it better be a damned fine grade, if I'm paying $59 per coin!!!
     I think they just think we are so friggin' wealthy, from the Cryptos, that we can afford their CHUMP service.

Human-based grading is too subjective.  We must disrupt centralized coin grading services and replace them with permissionless Satoshi's Vision things.

Let's write a smart contract that takes 3d scans of coins and records data (including funding info) to the blockchain.  It can use ML to train itself on existing graded coins.

QR code holograms on the slab and done.



 

Photos and auction please!

Excellent, and very important, point. (Wait...all 2018 BP coins are MS71???)

Regards,
Chris

They used to face them the otherway. I have a couple of old graded 1BTC coins that are obverse-forward

Switch I think happened when they started adding the address to the grade label. That way both numbers are on the same side

Oh man, that bothers me more than it should but it is such a rookie error for them to slab the coin in that manner.