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2005 PCGS MS-70 American Silver Eagle First Strike

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wquinn's Avatar
United States
2295 Posts
 Posted 05/22/2012  11:51 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply

Quote:
Personally I think the fewer grading companies the better. Get everything under 1 roof with 1 standard.


Then there would be a monopoly and it would be much worse, since there would be no competition. Competition keeps people more honest.
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wquinn's Avatar
United States
2295 Posts
 Posted 05/22/2012  11:56 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply

Quote:
Honestly I do wish they would either drop the label all together, or work something out with the mint where the first 10-15 percent of the mintage could be set aside and first strike would actually mean first strike.

Well, if no one buys them, then they wouldn't issue those types of labels. It is all based upon demand. If there is no demand, the product will go away on its own.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 05/22/2012  12:00 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
I don't recall it being mentioned even during SQ production. You could order sets of silver proof quarters fairly early in the year, yet the issues came out around 10 weeks apart.
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basebal21's Avatar
13014 Posts
 Posted 05/22/2012  3:34 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
No practical way to do this, when some issues are all struck before initial release.


Itd have challenges but often times you can buy these coins on sites before the Mint officially releases them or graded ones on the day of that were clearly sent in before.

If the mint were to just separate out the first lot and keep it separate from the rest itd be easy to keep track of.

But quinn makes a great point. You cant get better than a 70 so the coin itself wont be any better, just something else to make your collection unique I guess
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Nordic's Avatar
United States
16 Posts
 Posted 07/21/2014  06:24 am  Show Profile   Bookmark this reply Add Nordic to your friends list Get a Link to this Reply
First Strike or Early Release designations; what impact on the value of a coin? Or is this just marketing to boost $$$?
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 07/21/2014  06:55 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Well a bit of faulty data in the reply..from the PCGS POP report (not the Registry link provided) the were the following numbers of MS70 2005 bullion ASE's graded by PCGS:

150...MS70 non-FS

447...MS70 FS

555...MS70 FS Mercanti Signature

...and..


Quote:
I don't see why First Strike should matter, since you can't get better than MS-70, it shouldn't add any extra value to the coin.


It really doesn't matter what you (or I) "think". Beliefs shouldn't trump facts and the facts are that FS (or ER) labels DO sell for more than non-FS coins.



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Conder101's Avatar
United States
17884 Posts
 Posted 07/22/2014  3:15 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Well a bit of faulty data in the reply..from the PCGS POP report (not the Registry link provided) the were the following numbers of MS70 2005 bullion ASE's graded by PCGS:

150...MS70 non-FS

447...MS70 FS

555...MS70 FS Mercanti Signature

Interesting figures considering the FS designation didn't start until 2005 and the Mercanti signature until much more recently yet it has the highest population.
Edited by Conder101
07/22/2014 3:16 pm
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royintx's Avatar
United States
12 Posts
 Posted 07/22/2014  3:57 pm  Show Profile   Bookmark this reply Add royintx to your friends list Get a Link to this Reply
A lot of people put together first strike sets would be my guess.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 07/22/2014  4:18 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
Interesting figures considering the FS designation didn't start until 2005 and the Mercanti signature until much more recently yet it has the highest population.


Just using the PCGS POP reports....


Quote:
519409 1986 $1 Silver Eagle Mercanti Signature MS
+ 290



Quote:
89816 1988 $1 Silver Eagle First Strike MS
+ 93
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stampvirgin's Avatar
United States
1247 Posts
 Posted 07/22/2014  5:09 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
the numbers are wrong on this coin..

PCGS says 447 ms70 with FS label
and 1152 total with MS70 grades...

pcgs says 800.00 for an ms70, 49.00 for an ms69..... buy the coin not the label... I can't tell the difference between a 69 and 70.


and they did 2800+ PR 70's
Edited by stampvirgin
07/22/2014 5:11 pm
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 07/23/2014  06:51 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
the numbers are wrong on this coin..

PCGS says 447 ms70 with FS label
and 1152 total with MS70 grades.



Yup...that was mentioned a few posts above yours
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