Btw what a freaking great coin- congrats on the sale and buy guys! Had only Mike Caldwell been a neighbor of mine a few years back
Totally agreed. Sending insured registered mail via USPS is fairly safe USPS.
They have to keep a documented, unbroken chain of custody for each registered package, as well as transporting it in a special locked box.
Sure, the postal carrier can just steal it, but thats what the insurance is for. I've never had an issue and have shipped many high priced items throughout the years.
Yea sending to ANACS is easy. Registered insured USPS is great and covers up to 50Kusd, or maybe more..
Issue is that ANACS does not insure your return shipment for the full amount. Max 100usd per coin. So a 30Kusd+ 10BTC coin submitted for grading? Worth 100usd on the way back to you. Granted very unlikely anything will happen, but if anything does, who's fucked? ANACS? Nope. You!
I sent a few 10BTC coins in back when BTC was under 500usd... but these days I probably would not. Much rather wait for ANACS to appear locally at a coin show instead (they tour a lot). Have them grade and slab on-site.
Very interesting info! I did not know that ANACS did not cover the return. How the f is that even possible for a coin grading company to survive while sending millions of dollars worth of coins back to customers unprotected?! I would do the exact same and just go to a show. I looked up how much it costs to be a member of NGC grading and my dear god..I said no thanks quickly (it's too bad NGC doesn't grade crypto's, IMO their slabs are a 1000x better) so with that said with ANACS providing grading services on the go, are you able to get a single coins graded w/out signing a membership with them and what not? Very curious (curious if NGC does this too).
ANACS does insure US and foreign minted coins higher than $100... I think the max is around 25k? Take a look at their submission form. The 100usd limit is only for crypto coins.
Your best bet for getting one or two coins graded by NGC or PCGS is to go thru a local coin shop. Nearly all of them have memberships and some even do the paperwork for you. ANACS is single-submission based, anyone can send coins in.
Oh ok that makes much more sense. Great info thank you! I wonder if ANACS will ever grade Kialara's? If I am not mistaken I'm almost positive I've seen a finite by design 5" bar graded by them before. I get that it's much skinnier and all but there's no reason you can't make a larger slab (actually maybe too expensive to do so w/so few requests? )
While I think it may be some time before we see any bar gradings, ANACS is now grading 5oz coins. Specifically the "America the Beautiful" quarter series.
ANACS has made some new 5oz slabs for them... so I would imagine that we can now get larger coins graded ..... fingers crossed.
I think the Finite by Design bar you saw slabbed up was one that BG4 had made.
http://www.anacs.com/contentPages/GSAand5oz.aspx