ANGS - Do not buy coins graded by ANGS!
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Daniel
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Post subject: ANGS - Do not buy coins graded by ANGS!  Posted: Sat Mar 14, 2009 3:15 pm |
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Joined: Wed Jan 28, 2009 3:59 pm
Posts: 1498
Location: Ohio
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  This coin is cleaned and would not obtain a mint state 63 from any reputable grading service. You can see wear on all high points of the design, and then some. The "fuzzy" appearance is from all the tiny cleaning lines all over it's surface, giving the coin an apprearace of luster. This coin is also cleaned and has a great amount of wear, you can tell by the flat and rounded surfaces, and you can see the lines where it has been cleaned. The coin wouldn't even grade AU let alone mint state 65.  Another cleaned and circulated coin falsely graded as mint state.  This coin might make AU50, but again, it has been cleaned. Cleaning a coin by etching or scratching the surface or dipping lowers the value of the coin.
I advise anyone not to buy coins graded like this, put these people out of business, force them to be honest about their own coins. If no one bids on their coins then it might teach them that collectors have become educated graders, and that they must accept what everyone else get's for their cleaned coins.
Visit my Morgan Dollar grading page to look at pictures of actual MS65, non-cleaned Morgan Dollars look like Grade Morgans By Pictures
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Isaiah
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Post subject: ~ Posted: Sat Mar 14, 2009 4:56 pm |
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Thank you for posting all of these. I agree, they are a very poor company, and I believe that they clean their own coins, in an attempt to justify the over inflated grade. I'm surprised that the local dealer who they grab the coins in his junk bin from, hasn't gotten suspicious by now. I don't buy their junk, and I don't support them. Stick with 1st, 2nd, and 3rd tier companies, not self slabbers. I just wish I could do more.
~Isaiah
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dj_john69
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Post subject: Re: ANGS - Do not buy coins graded by ANGS! Posted: Tue Mar 24, 2009 12:56 am |
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Joined: Tue Mar 24, 2009 12:48 am
Posts: 17
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I've been seeing a lot of these coins on eBay. I'm glad i didn't buy their garbage. Thanks for the info !!
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Daniel
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Post subject: Re: ANGS - Do not buy coins graded by ANGS! Posted: Tue Mar 24, 2009 4:50 am |
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Joined: Wed Jan 28, 2009 3:59 pm
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Location: Ohio
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dj_john69 wrote: I've been seeing a lot of these coins on eBay. I'm glad i didn't buy their garbage. Thanks for the info !! Your welcome. Thanks for commenting.
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sdollarfan
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Post subject: Re: ANGS - Do not buy coins graded by ANGS! Posted: Mon Mar 30, 2009 8:07 pm |
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Joined: Mon Mar 30, 2009 8:03 pm
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Just an added note that this guy/company (whichever) also is selling coins
on eBay with slabs that display the "CNG" initials as well. I haven't seen
any coins on eBay lately from INB.
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Isaiah
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Post subject: Re: ANGS - Do not buy coins graded by ANGS! Posted: Mon Mar 30, 2009 8:14 pm |
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sdollarfan wrote: Just an added note that this guy/company (whichever) also is selling coins
on eBay with slabs that display the "CNG" initials as well. I haven't seen
any coins on eBay lately from INB. welcome to the forum, and thanks for the information. ~Isaiah
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Daniel
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Post subject: Re: ANGS - Do not buy coins graded by ANGS! Posted: Mon Mar 30, 2009 8:19 pm |
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Joined: Wed Jan 28, 2009 3:59 pm
Posts: 1498
Location: Ohio
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Daniel
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Post subject: Re: ANGS - Do not buy coins graded by ANGS! Posted: Sun Oct 18, 2009 8:09 pm |
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Joined: Wed Jan 28, 2009 3:59 pm
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Location: Ohio
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