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New Silver Eagle SF Mint Two-Coin Set

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Clint's Avatar
United States
194 Posts
 Posted 09/17/2012  2:07 pm  Show Profile   Bookmark this reply Add Clint to your friends list Get a Link to this Reply
Likewise, we don't know from historical perspective, yet, what differentiates a 69 from a 70 in this set.
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basebal21's Avatar
13014 Posts
 Posted 09/17/2012  2:14 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Also, it's not done yet. There are coins that haven't shipped from the mint yet. These percentage could shift


Very true, but I dont see them changing a whole lot. About 1/3rd of total orders happened on the first day, the majority of the sets have shipped, probably even the vast majority by this point.
Valued Member
United States
102 Posts
 Posted 09/17/2012  3:07 pm  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply

Quote:
About 1/3rd of total orders happened on the first day, the majority of the sets have shipped, probably even the vast majority by this point.


Of the 100,000 A25 sets, NGC graded about 28%. This one, so far only shows about 10%. It took NGC over a month to post any kind of numbers. The numbers posted today may only reflect the first week or two of grading.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 09/18/2012  09:40 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
For comparison NGC percentages of 70's from the 25th Annie set were:

PF....69.7%
RP....65 %

2012 W proof (so far)...69.3%

2011 SF set:

PF....48.5%
RP....51.5%



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throwbackid's Avatar
1283 Posts
 Posted 09/18/2012  10:54 am  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
I hate to say but I'm glad I canceled the five sets that were supposed to come at the end of September. I am more then happy with my PCGS 70 sets tat I ordered from ST and the two raw ones I left sealed in the mint box. Seems like the quality on these sets wasn't quite there. Many of my friends ordered these sets and I could see flaws in al of them, prob 12 in total
Valued Member
United States
102 Posts
 Posted 09/18/2012  11:18 am  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply
For more historical perspective, this shows number of coins graded by NGC as a percentage of total mintage:
2006 W EAGLE 20TH ANNIVERSARY 15%
2006 P REVERSE PF EAGLE 20TH ANNIVERSARY 20%
2011 W EAGLE 25TH ANNIVERSARY SET 27%
2011 P EAGLE REVERSE PF 25TH ANNIVERSARY SET 29%
2012 S EAGLE REVERSE PF SAN FRANCISCO EAGLE SET 10%
2012 S EAGLE COIN AND CURRENCY SET 13%
2012 S EAGLE SAN FRANCISCO EAGLE SET 10%

To me that says that an awful lot of coins submitted and to be submitted were not included in the numbers for 2012 set. That in turn means that the percentage of top grades can still change drastically.
Valued Member
United States
102 Posts
 Posted 09/18/2012  11:28 am  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply

Quote:
Seems like the quality on these sets wasn't quite there.

Compared to what? So far, PCGS graded a third of these coins as 70. I realize that this a lower percentage than the 2011 set, but what about 2006?
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unholyroller's Avatar
United States
1903 Posts
 Posted 09/18/2012  11:43 am  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
LXShutter....you forget...unless 100% of all graded coins are 70, the quality of XYZ coin will always be deemed as a "crappy run" of coins. Then when all grade 70... no one will want them as they won't be worth a premium. It is the inevitable paradox of coin collecting.
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basebal21's Avatar
13014 Posts
 Posted 09/18/2012  1:30 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Lx even if it was the same as 06 that would mean they learned literally nothing from 2 runs of the set. You'd think the more they did it the better they would be
Valued Member
United States
102 Posts
 Posted 09/18/2012  4:27 pm  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply
Even if the mint was absolutely flawless in its execution, there will always be variation in the quality of the cons it produces. The dies do wear out and the first coin struck by a particular die, will have a stronger strike than the last. There can also be variations in the dies, so that even if they used a new set of dies for each coin, there would be differences.
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Mach1's Avatar
United States
301 Posts
 Posted 09/18/2012  5:39 pm  Show Profile   Bookmark this reply Add Mach1 to your friends list Get a Link to this Reply

Quote:
Even if the mint was absolutely flawless in its execution, there will always be variation in the quality of the cons it produces. The dies do wear out and the first coin struck by a particular die, will have a stronger strike than the last. There can also be variations in the dies, so that even if they used a new set of dies for each coin, there would be differences.


Very well put! I work in quailty at a site that manufactures machined hardware. I see variation in processes everyday of the week. If there was no variation in the process, I'd be out of a job!

I'm sure there is variation in the coin making process such as the dies, striking pressure, the handling, even variations is the raw planchets. When several variations gang up on you at once, then things really go South.
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basebal21's Avatar
13014 Posts
 Posted 09/18/2012  9:05 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I agree not everyone should be perfect and collectors will always complain, but the quality with these from what I've seen seem to be more scratch and ding related (which should be controllable) than just not having a perfect strike every time
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Clint's Avatar
United States
194 Posts
 Posted 09/18/2012  9:21 pm  Show Profile   Bookmark this reply Add Clint to your friends list Get a Link to this Reply
Just wondering...is the new laser frosty finish more prone to scratch 'n' dent than the former lustrous finish?
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clairhardesty's Avatar
United States
1027 Posts
 Posted 09/18/2012  10:19 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
If anything the sandblasted finishes (still in use on the uncirculated die and now on the AtB-P coins directly) is more susceptible to dings that show because it is generally a lower relief finish. The laser treatments (proof devices and RP fields) do come in differing spot sizes but all are probably "deeper" than the softer sandbalsted finishes. The fully brilliant surfaces (proof fields and RP devices) are extremely prone to minor damage that shows. Also, in general, the fields, no matter the finish, are more likely to show any minor dings than the devices.
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Clint's Avatar
United States
194 Posts
 Posted 09/18/2012  10:32 pm  Show Profile   Bookmark this reply Add Clint to your friends list Get a Link to this Reply
That's strange, since the biggest problem I've seen is dings in the frosting.
The best conclusion to me is rough handling problems.
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