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 Replies: 23 / Views: 3,602 |
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Pillar of the Community
United States
1703 Posts |
quote:
Originally posted by booyah
quote:
Originally posted by TLS5933
"First Strike" desgination is 99% hype and means almost nothing. Just a new twist to sell more coins in my opinion.
Thanks for the reply...
Will the hype not help me sell my rolls in the future?
Or is "unopen" going to be worth more than "1st Strike"?
booyah, To an uninformed buyer it might but most collectors are aware of the First Strike hype.Don't get me wrong,"First Strike" does not take anything away from the coin but I don't believe it adds anything either. Edited by TLS5933
01/12/2007 3:30 pm
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Pillar of the Community
United States
2269 Posts |
As long as there is a HSN, there will be a market for "first strike".
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Pillar of the Community
United States
1703 Posts |
quote:
Originally posted by Spider5689
As long as there is a HSN, there will be a market for "first strike".
Actually,as much as I dislike HSN's coin selling tactics,I don't believe they sell any coins with the "First Strike" designation. |
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Valued Member
United States
129 Posts |
quote:
Originally posted by newdavid
I thought the grading companies were no longer doing the first strike designation anymore.
Well here is another great deal to get some coins that were the first coins to be stuck on brand new dies. Thats wy it is only a ms69.
http://cgi.ebay.com/BRAND-NEW-2007-...ES_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/170066511519 target= _blank rel= nofollow 170066511519 /a QQihZ007QQcategoryZ39488QQrdZ1QQcmdZViewItem
As far as I understand it, only NGC has agreed to dump the First Strike thing, and they are replacing it with "Early Release". I dunno if PCGS is going to do the same thing as NGC. |
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Pillar of the Community
United States
2254 Posts |
quote:
Originally posted by TLS5933
quote:
Originally posted by Spider5689
As long as there is a HSN, there will be a market for "first strike".
Actually,as much as I dislike HSN's coin selling tactics,I don't believe they sell any coins with the "First Strike" designation.
Coin Vault is on this morning. NGC Early release is the new terminology they are using. Currently doing the platinum Eagles. |
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Valued Member
United States
256 Posts |
quote:
I thought the grading companies were no longer doing the first strike designation anymore.
As for PCGS, It's just hard to let go of a good scam. To look like the good guys, NGC quit one and just started another. Perfect, modern examples of "Snake-Oil" salesman. |
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Pillar Of The Community
3147 Posts |
I wouldn't even let HSN even come into a decision concerning buying or selling coins. The HSN almost went under a few weeks ago and ALL knowledgeable coin collectors won't touch a coin off of HSN. OVERPRICED and HYPE are their selling points but I can think of other words such as lies, fraud and deception that would also apply to TV, Magazine and Newspaper advertising and I have seen quite a few folks coming into our local coin shops to "cash in" on their valuable coins purchased through such scams. The walk away very upset (polite way to put it) when they find the true value of their purchase.
Put bluntly THERE ARE NO FIRST STRIKE COINS AVAILABLE FROM THE UNITED STATES MINT so don't buy into the lie!!! If you do you have NO ONE to blame but yourself. If the MINT were to create first strike availability they would offer them up for sale themselves and guarantee such first strikes but they are well aware of the legal issues surrounding such claims as one could never PROVE beyond all doubt the coins were or were not first strikes. Only serial numbered coins can be guaranteed beyond all doubt when they are struck.
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Valued Member
United States
129 Posts |
Right crystal, I like what NGC is doing, I can see labeling a coin "Early Strike" but not first strike.
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Pillar of the Community
United States
2269 Posts |
 I don't think it really matters which phrase the TPG's are using. Its just a gimick, A die can only be used a number of times until it needs to be replaced. So a first strike can only happen with a new die, even if that die were replaced in December and the Mint was still making coins. It is clearly impossible to know what coins are a first or early strike, unless you were standing near the press and plucked the first couple of coins out that came one the conveyer. |
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Pillar Of The Community
3147 Posts |
I own two silver euro commemoratives that were plucked from the dies as they were made, placed in serial numbered containers, shipped to the U.S. by way of a PCGS courier and slabbed accordingly. Only 200 of the first struck gold and silver commemoratives were done this way and I was the first individual in the U.S. to place a telephone order for these coins. Did I get number 1 and number 2? Not a chance as big bucks bought them right out from under me and I ended up with #132 and #133 so this shows where the average U.S. collector stacks up with the big boys and big money. It was confirmed twice that I was the first to attempt an order and at the same time they were accepting "bribes" so to speak on the lower numbers. They claimed at the time #1 and #2 were currently at $600 each and the suggested retail for this stunt was $99 per slabbed coin which was about $50 more than it should have been. None the less I took two of the French commemoratives to D-Day and put them away for the future but I doubt seriously if I ever make such a move again. If coins and love are the same thing then it is true that all is fair in love and war?
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Valued Member
United States
256 Posts |
quote:
Originally posted by Five4fighting
Right crystal, I like what NGC is doing, I can see labeling a coin "Early Strike" but not first strike.
Actually the label states "Early Release" which is just deceptive way of saying "first Strike" NGC is just hoping that the sheep will still follow the wolf by re-wording and not eliminating the contoversial labels. quote:
Originally posted by Spider5689
I don't think it really matters which phrase the TPG's are using. Its just a gimick,
It is clearly impossible to know what coins are a first or early strike, unless you were standing near the press and plucked the first couple of coins out that came one the conveyer.
Exactly Spider!   |
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Pillar of the Community
United States
1026 Posts |
The HSN should be baned from the coin market. I can't help nut get MAD,MAD I have told my wife never get anything from HSN as you will pay way to much for it. So what does she get me for Christmas the Sagagawea
dollar set from the HSN with shipping she paid $ 428.00 for this.
About half the Sagagawea dollars looked like they came off the street as I have found better ,looking coins in pocket change. I am not kidding they are so scratched up when my wife got them last August she even was shocked. So I asked her well why didn't you return them she said the man on the HSN said they were so valuable oh my........
Anyway now I have a complete set of Sagagawea dollars that cost $ 428.00 and are most likely worth $ 100.00 of that.
DOWN WITH THE HSN
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Pillar of the Community
United States
834 Posts |
Bruce,
You are not the only one for my birthday last year my wife was watching the coin vault Robert Chambers was selling a 2005 marine dollar NGC PR69 ultra cameo. Her thinking was well he was in the marines he collects coins that will be a great birthday gift. She gave it to me 41 days after she bought it with shipping $207.00 and it was passed the 30 day return so thats that.I did not let on that she made a big mistake I just told her next time I will help her if she wont's to get me a coin for a gift.
THE OTHER BRUCE.
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Pillar of the Community
United States
1026 Posts |
Bruce1947, Bruce1949 hear and am also a Marine retired how about that for a small world. Yes my wife got those in August for Christmas so no point and even calling but they sure make you mad how they take advantage of people.
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Pillar of the Community
United States
834 Posts |
Well SEMPER FI MY FRIEND.
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Replies: 23 / Views: 3,602 |
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First Page
Posted 01/12/2007 10:25 pm
