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PCGS To Attribute Branch Mint Marks On Silver Eagles

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 Posted 04/06/2017  1:02 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list
Thanks for the replies. There will be a number of 2017s and probably some 2016s that qualify, but to still have some unopened before that seems unlikely. Low pop for those early labels, but we're supposed to buy the coin and not the holder, right?
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 Posted 04/06/2017  1:13 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
There are many unopened 2015 and just about every other year. Many investors buy and hold boxes and never open them.
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 Posted 04/06/2017  1:19 pm  Show Profile   Bookmark this reply Add Teach to your friends list
If someone has a 2015 P unopened box, their stock just went up.
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 Posted 04/06/2017  4:06 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
Maybe I am missing the point here but NGC has been doing this for some time...and these graded and attributed ASE's sell for very little premium.

SO what has changed except the fact that PCGS was late in getting on board.
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 Posted 04/06/2017  4:33 pm  Show Profile   Bookmark this reply Add Teach to your friends list
So are you saying that NGC has certified 2015 ASEs from Philly? If so, I need one.

2014 was the last time I have seen a SF bullion coin from PCGS. According to the numbers on the chart there were none in 2015. I did not see any from SF in 2016 or 2017 thus far.

I have never seen a bullion ASE graded from Philly by PCGS. I haven't seen one from NGC either.

So I would think that 2015 P with a 79 K mintage will be the new second lowest mintage of ASEs after the LESPS for 2017 comes out and makes the 2017 S the 4th lowest, unless you count the 07/08 reverse ASE, then the 2017 S would be fifth. That is assuming if the mint stays with a mintage limit of 50 K for the LESPS.

Plus ASE collectors will need to have one of each of the Philly ASEs and the 2016 and 2017 bullion from SF to keep their collections current.
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 Posted 04/06/2017  5:31 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
I disagree. This is a quirk. Somewhere in between marketing hype and a standalone issue. I don't think the majority of collectors will see it in the context of needing them to keep sets current
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 Posted 04/06/2017  5:37 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
Fox, the only change is that they've only done it when they could tell by the strap on the sealed monster box which were all made the same in 2014/2015 so they couldn't tell. Now they have box codes is all. The 2015p might enjoy a frenzy premium at first but time should kill it or maybe a small premium at best. no mint mark differential is a big who cares.

Although one interesting point is that I bet all 2015 phillys were probably struck from one or maybe two die pairs at best so in time I'm betting 2015p will be able to be confirmed without being in a sealed box which might also keep a slight premium for them alive.
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 Posted 04/06/2017  5:51 pm  Show Profile   Bookmark this reply Add Teach to your friends list
I guess I should have phrased it that some ASE collectors would want to have one of each of them. I like collecting all of them. I understand some people don't like to consider these coins as anything different than bullion from WP. No argument here, to each their own when it comes to collecting. Buy them if you like them.
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 Posted 04/06/2017  7:21 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
Another way for PCGS to get people to submit more coins.

At least people who like slabs will have something else to collect.



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 Posted 04/06/2017  8:21 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
While it's kind of interesting, I agree with Cascade on the " no mint mark differential." Sure, some will be interested in getting a slabbed Philly, but overall I think this will interest only a select few.
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 Posted 04/06/2017  11:07 pm  Show Profile   Bookmark this reply Add Bret to your friends list

Quote:
I disagree. This is a quirk. Somewhere in between marketing hype and a standalone issue. I don't think the majority of collectors will see it in the context of needing them to keep sets current

I agree. It's pretty simple for me. If I can't tell the difference between two coins by looking at them, then they're identical. I'm glad that I have all my ASE's in air-tites and OGP. This slab special labeling stuff would drive me nuts.
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 Posted 04/07/2017  08:40 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list
Teach: You are correct. I just whooshed over the Philly thing 'cuz I think it's a non-event to create a "rarity" just because of where it was made AND (important word) is exactly the same as every other bullion ASE of that year. Stick a MM on it and now we have a difference.

But I'm sure some will have to have it...

Not interested AND I'm a slab person

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 Posted 04/08/2017  02:28 am  Show Profile   Bookmark this reply Add SA4H to your friends list
The only distinction btw 2015 (P) and the 2015 (WP) is the handwritten number in permanent marker..... which can easily be wiped clean by acetone.

So, in theory, IF I have a 2015 monster box ASE that has a 6-digits serial number, I can just wipe off the last digit (if the 1st digit is a '1') or the 1st digit, if the 2nd digit is a '1'.

WHAT will PCGS do to prevent this from happen?
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 Posted 04/08/2017  10:22 am  Show Profile   Bookmark this reply Add Bret to your friends list
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 Posted 04/08/2017  11:05 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
Yeah, no interest here either, and I am an ASE collector. Maybe if they come out with a 35th-strike label or something.
Edited by CelticKnot
04/08/2017 11:06 am
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