American Numismatic Association Certification Service
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American Numismatic Association Certification Service
The American Numismatic Association Certification Service, better known as ANACS, is a coin grading company founded in 1972. History Originally founded in June 1972 as the American Numismatic Association's authentication service, ANACS expanded into third-party coin grading in March 1979. ANACS was founded in response to the rise in counterfeit and altered coins in the numismatic marketplace. During the coin collecting boom of the 1960s, counterfeiters would alter common-date coins, and either add or remove a mintmark in order to sell the coins as their more-valuable counterparts. (For example, an 'S' mint mark would be added to a 1909 VDB Lincoln cent The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks ... in order to increase the coin's value by making collectors think it was a gen ...
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Coin Grading
Coin grading is the process of determining the grade or condition of a coin, one of the key factors in determining its value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which they’re minted. Several grading systems have been developed. Certification services professionally grade coins for tiered fees. Overview A "grade" measures a coin's appearance. There are generally five main components which determine a coin's grade: strike, surface preservation, luster, coloration and eye appeal. Grading is subjective and even experts can disagree about the grade of a given coin. History U.S. coin grading has evolved over the years to a system of finer and finer grade distinctions. Originally, there were only two grades, new and used. This changed to the letter grading system beginning with the lowest grade – ''Basal State'' (also ''Poor'' (PO)), then continuing ''Fair'' (Fr), ''Abou ...
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American Numismatic Association
The American Numismatic Association (ANA) is an organization founded in 1891 by George Francis Heath. Located in Colorado Springs, Colorado, it was formed to advance the knowledge of numismatics (the study of coins) along educational, historical, and scientific lines, as well as to enhance interest in the hobby. The ANA has more than 24,000 individual members who receive many benefits, such as discounts, access to website features, and the monthly journal ''The Numismatist''. The ANA's Colorado Springs headquarters houses its administrative offices, library, and money museum. The ANA received a federal charter from the United States Congress in 1912. A board of governors is in charge of the ANA. Numerous advisory committees help to operate it properly. The ANA has a Young Numismatists program intended to promote interest among youth. The ANA has held annual conventions throughout the nation in most years since 1891, with two per year since 1978. The Chester L. Krause Memoria ...
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Third-party Grading
Third Party Grading (TPG) refers to coin grading & banknote grading, grading of stamps, cards, comic books, etc., authentication, attribution, and encapsulation by independent certification services. These services will, for a tiered fee, "slab" an item. Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Independent Coin Graders (ICG), and ANACS are the most popular and credible services. Together they have certified over 80 million coins. All four firms guarantee the grades and authenticity of their certified coins. Certified Acceptance Corporation (CAC) is a coin certification service which certifies—and makes a market in—certain high-end coins already certified by PCGS or NGC. History Modern third-party coin grading service is presently defined by the tamper-resistant plastic "slab," which encapsulates both the item and its certification. Before the slab, there was no way to permanently tie the certificate to the actual item being certifie ...
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Numismatics
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods. The earliest forms of money used by people are categorised by collectors as "Odd and Curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes or instant noodles in prison). As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in lambskins; the lambskins may be suitable for numismatic study, but the horses are not. Many objects have been used for centuries, such as cowry shells, precious metals, cocoa beans, large stones, and gems. Etymology First attested in English 1829, the word ''numismatics'' comes from the adjective ...
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Lincoln Cent
The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks of wheat (thus "wheat pennies", struck 1909–1958). The coin has seen several reverse, or tails, designs and now bears one by Lyndall Bass depicting a Union shield. All coins struck by the United States government with a value of of a dollar are called cents because the United States has always minted coins using decimals. The penny nickname is a carryover from the coins struck in England, which went to decimals for coins in 1971. In 1905, sculptor Augustus Saint-Gaudens was hired by the Mint to redesign the cent and the four gold coins, which did not require congressional approval. Two of Saint-Gaudens's proposed designs for the cent were eventually adapted for the gold pieces, but Saint-Gaudens died in before submitting additional des ...
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Coin World
''Coin World'' is an American numismatic magazine, with weekly and monthly issues. It is among the world’s most popular non-academic publications for coin collectors and is covering the entire numismatic field, including coins, paper money, medals and tokens. Founding and early history (1960-62) ''Coin World'' was founded as a weekly publication in 1960 by J. Oliver Amos, a seasoned publishing professional from the third generation of newspaper publishers. Amos took his experiences in producing ''The Sidney Daily News'' to the coin field, applying what he learned from printing ''Linn's Stamp News''. In 1960, the concept of a weekly coin publication was new. On the 25th anniversary of' ''Coin World'' in 1985, Amos related that he saw, "all the opportunities which could be developed from a weekly presentation – club meetings all over the country, personalities, and many other ideas that we had learned in publishing ''The Sidney Daily News'' as a community newspaper." With the ...
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