m_rippon (OP)
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August 08, 2015, 06:38:09 PM |
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Out of interest, other than ANACS and CGS, are there any other graders that will accept and grade crypto-currency?
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Quickseller
Copper Member
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Activity: 2870
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August 08, 2015, 11:53:46 PM |
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You can send the coins in air tites, and if you already have them in air tites then it is probably best if you keep them in them because if you remove them you are risking that you somehow damage the coins (even if you take precautions, use velvet gloves, etc). If you do send the coins in air tites then you will not get them back when ANACS sends back your coins
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Pistachio
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August 09, 2015, 01:43:50 AM |
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Out of interest, other than ANACS and CGS, are there any other graders that will accept and grade crypto-currency?
ICG |
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mrbrt
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August 10, 2015, 07:13:59 PM |
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rlh
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August 12, 2015, 02:18:50 AM |
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Do fingerprints affect the grade? I would assume so, but I'm curious. I have a stash of WDC Antaui's and the maker didn't wear gloves while putting them in the lock tight cases.
Most have one or two finger prints. How can I expect this to affect the grade? Thanks guys.
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A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00. Otherwise I'll just have to live with my 5 BTC and be happy. :/" ...sigh. If only I knew.
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m_rippon (OP)
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August 14, 2015, 03:55:40 PM |
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I'm wondering if anyone has ever had a coin graded which did not receive an MS rating? I suspect not but would be interested to know. I cannot see why it would be sensible to grade a damaged crypto-coin unless it was extremely rare.
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mrbrt
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August 14, 2015, 04:20:37 PM |
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I'm wondering if anyone has ever had a coin graded which did not receive an MS rating? I suspect not but would be interested to know. I cannot see why it would be sensible to grade a damaged crypto-coin unless it was extremely rare.
An AU graded coin might fetch a nice premium considering none seem to exist. |
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mrbrt
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August 14, 2015, 04:26:17 PM |
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Do fingerprints affect the grade? I would assume so, but I'm curious. I have a stash of WDC Antaui's and the maker didn't wear gloves while putting them in the lock tight cases.
Most have one or two finger prints. How can I expect this to affect the grade? Thanks guys.
ANACS offers a conservation service: "Choose this service to allow ANACS to remove PVC, debris, glue, stains, hazing, and other easily removed and distracting flaws from your submitted coin." Fingerprints would likely fall under something they could easily remove. |
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monkeynuts
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Activity: 1251
Merit: 1259
MONKEYNUTS
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August 14, 2015, 06:19:17 PM |
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Do fingerprints affect the grade? I would assume so, but I'm curious. I have a stash of WDC Antaui's and the maker didn't wear gloves while putting them in the lock tight cases.
Most have one or two finger prints. How can I expect this to affect the grade? Thanks guys.
ANACS offers a conservation service: "Choose this service to allow ANACS to remove PVC, debris, glue, stains, hazing, and other easily removed and distracting flaws from your submitted coin." Fingerprints would likely fall under something they could easily remove. I have previously asked ANACS about the conservation service for physical cryptocurrency coins, and its something that they do not do. But with no additional reasoning behind it ... I assumed due to the risk of damaging to holo / key, but thats just my best guess |
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Mitchell
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Verified awesomeness ✔
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August 15, 2015, 11:49:47 AM |
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I know that Mitchell sent emails to both last week and my understanding was essentially that they do not grade those coins. I've asked PCGS Europe and NGC: Coin Certification Company and both don't want to grade cryptocurrency coins. I did not contact ICG though. I asked them about grading, because they are in the EU and I don't have enough coins to justify sending them to ANACS. Well, I have enough coins, but only a few of them are worth grading.  |
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Goms
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April 21, 2016, 06:31:27 PM |
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I know that Mitchell sent emails to both last week and my understanding was essentially that they do not grade those coins. I've asked PCGS Europe and NGC: Coin Certification Company and both don't want to grade cryptocurrency coins. I did not contact ICG though. I asked them about grading, because they are in the EU and I don't have enough coins to justify sending them to ANACS. Well, I have enough coins, but only a few of them are worth grading. I bet the rate at which cryptocurrencies fluctuate is a major reason why PCGS Europe and NGC do not want to grade them |
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Rubberduckie
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April 22, 2016, 08:22:04 AM |
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I know that Mitchell sent emails to both last week and my understanding was essentially that they do not grade those coins. I've asked PCGS Europe and NGC: Coin Certification Company and both don't want to grade cryptocurrency coins. I did not contact ICG though. I asked them about grading, because they are in the EU and I don't have enough coins to justify sending them to ANACS. Well, I have enough coins, but only a few of them are worth grading. I bet the rate at which cryptocurrencies fluctuate is a major reason why PCGS Europe and NGC do not want to grade them also those are the biggest whales in coin grading they do so much in coins why bother getting involved with what some may deem as fake currency etc. Also doesnt help the stigma digital currency wrongfully gets and they may just want to stay away from the negative publicity for a few bucks. |
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monkeynuts
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MONKEYNUTS
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April 22, 2016, 09:45:32 AM |
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I dont think the rate that cryptocurrencies fluctuate affects whether or not other grading companies will grade these coins. What do they care of the value of the coins ? They are just grading the condition of them. Value to them should be irrelevant, and would not affect the grade a coin recieves.
I agree, its more likley to be a failure to recognise them as legitimate currencies, and a nervousness of association because of some of the knee-jerk negative press that can often be associated with cryptocurrencies (no one has ever used cash to buy drugs or guns, or demanded a cash ransom, if you listen to them ....). Possibly even a degree of snobbery on their part.
On the big scale of things, the population numbers of the crypto coins is dwarved by the mainstream coin market. They clearly dont feel it represents a big enough opportunity for them commercially to pull their heads out of their narrow minded arses ...
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