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Friday, December 10, 2010

A Blast From The Past 1983 Premier Issue of "Report on ANACS Coins"

PART 1

Many years ago - back in March of 1983 to be exact, we began to publish a newsletter about the ANACS Certified coin market "REPORT OF ANACS COINS". At that time, and for 3 years to come ANACS was the game in the certified coin market, PCGS and NGC were not around.
ANACS protected many collectors and investors from counterfeit and over graded coins. What follows is my editorial from the premier issue of Report on  ANACS Coins. Every few weeks I will share with you, some interesting articles from my 27-year old newsletter. I hope that you will see, as I feel that all these years later this still is as timely and as interesting to read. Your comments are welcome!

Editorial
Robert S. Riemer
Vol. 1 No. 1 (March 1983)


The concept behind this publication, REPORT ON ANACS COINS, is that of a source of news and information for the certified coin collector; and has been in the planning stages for well over a year.
One of the major obstacles in publishing has been getting what felt was very important statistical information from ANACS. I had requested over a year ago that this information, relating to the number of coins in the various grades that have been authenticated and graded by ANACS be released. For example - how many 1909-S VDB cents have been graded MS-65165? I was interested in all grades from AG-3 to a potential MS-70/70.

A year ago at the ANA Board meeting my proposal was voted down. The reason, ANA's computer was not equipped to give that information and more important priorities at that time existed.
Recently, in December 1982 I requested the same information from ANACS, and was told that it was now available for coins graded during the past year. Earlier statistics would be available in a few months, all for a fee based on ANA staff time involved. Upon this agreement, we decided now was the time to publish REPORT ON ANACS COINS. A few weeks later we were told that the ANA Board of governors would have to vote on this issue. As of now, the ANA Board will be voting in late February.

OUR STAND

During the years that I have been involved with certified coins, many collectors have inquired as to the availability of certain coins in various grades. Has ANACS ever graded a Peace dollar MS-67/67? For the ANACS collector this information besides being straight statistics, would tell them if that MS-67167 1924 Peace dollar with ANACS papers does exist.
ANACS has made its mark on Numismatics. It is here to stay. Collectors put their trust behind ANACS' authentication and grading standards, and many do only buy certified coins.
Now is the time for the ANA Board to decide whether or not to unlock these ANACS numbers. The information is there, and we want to be able to report it.

Remember that the above was written back in 1983. ANACS was relatively new and I felt that the population numbers of dates and grading numbers of coins would be interesting to report. Back then, ANACS had other priorities, and compiling these for me was not one of them. Except for a few grade populations release months later, not much of this information was released.

Watch here for future editions of REPORT ON ANACS COINS!
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