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 Replies: 101 / Views: 10,385 |
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Pillar of the Community
United States
5863 Posts |
Shouldn't be possible to miss out if you don't forget about it entirely.
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Pillar of the Community
United States
899 Posts |
barry - I think many are ordering in an attempt to get these earlier. I've read the orders being placed now are scheduled to ship in August. I would guess at this rate and order placed in late May or early June will ship in October or later...
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Bedrock of the Community
13014 Posts |
Exactly what doug said, basically to try and get their order in the first group shipped and not wait 6 months like the end orders last year
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Bedrock of the Community
United States
11951 Posts |
My order says it it scheduled to ship 6/17/2013
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Pillar of the Community
United States
4901 Posts |
I haven't heard of a ship date later than 7/25 and the earliest I've seen is 6/17
...but if the 1st orders actually ship on 6/18 then, for those who are getting them graded, the 7/25 sets will not be First Strike or Early release eligible.
If you are keeping them raw then there is no issue....
Edited by Foxwoods Man
05/09/2013 4:35 pm
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Valued Member
85 Posts |
This morning, cust service rep from US Mint told me the Mint is expecting first shipments at end of June.
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Pillar of the Community
United States
4901 Posts |
My 7/11 ship date is now 6/17
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Valued Member
85 Posts |
"First Strike" slabbed coins are a deceptive sales gimmick. Logistically, the first orders filled are definitely NOT guaranteed to get the first battery of coins struck. In fact, the first orders filled will almost invariably get coins minted far removed from the actual first strikes because as coins are processed, they are then stacked on shelves for a period of time before being boxed to fill orders. The first strikes will arguably be at the bottoms of these stacks...this makes sense from a logistical vantage. Do you really think that the order fillers at the US Mint are going to dig to the bottom of the stacks to try to get the actual first struck coins just to fill the first orders processed? That's absurd if anyone thinks this is going to happen. That's why "First Strike" slabbed coins are really just a sales gimmick; there's no guarantee whatsoever that those coins are the one's that are actually first struck by the Mint.
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Pillar of the Community
United States
2543 Posts |
Well ................. firstly https://goccf.com/t/149123Secondly , the TPG's never claim that these are the first coins struck. They clearly state that first strikes are coins distributed within the first 30 days of a coin's release. Buying a first strike is like paying more for a limited edition " red " car, instead of the same car in " blue " at msrp. |
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Pillar of the Community
United States
4901 Posts |
Yes, First Strike is a misnomer....NGC has "Early Release" which means what it says...coins released early (1st 30 days) in production...
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Bedrock of the Community
United States
11951 Posts |
I agree first strike coins are just a TPG gimmick. but not sure I agree with Quote:
The first strikes will arguably be at the bottoms of these stacks.. I am thinking that die pairs would be switched out during the minting process .. as die's wear out. So first strike coins could be anywhere in the stack .. of course I don't know this for sure .. not sure what the die life is .... |
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Bedrock of the Community
13014 Posts |
Quote:
Yes, First Strike is a misnomer....NGC has "Early Release" which means what it says...coins released early (1st 30 days) in production... Thats a misnomer too. Whats early about releasing coins right on time? It honestly doesn't bother me one bit though. If people didnt want it they would stop doing it Quote:
I am thinking that die pairs would be switched out during the minting process .. as die's wear out. Youre correct there will be coins from the first strikings of the dies all over the place in the stacks. |
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Valued Member
85 Posts |
denco7, you're missing the point. The point is the label claim of "First Strike" is wholly misleading. "First Strike" implicitly implies or suggests that these are coins struck first by the mint....who are you kidding? If they were honest, they'd label them something else which would actually represent what they really are...they are NOT coins first struck by the Mint. "Early Release" is at least more honest. Next, they can not guarantee that the coins slabbed are the first struck coins by the mint. I would bet you that MANY coin buyers / collectors don't realize that "First Strike" does not mean coins that are struck first by the mint. Why in fact would someone assume that they aren't if they are being labelled "First Strike"? When I first started collecting numis just 6 months ago, one of the first coins I bought was a PCGS slabbed "First Strike" US coin believing that this coin was guaranteed to be one of the first struck by the US Mint. (I have no problem with graded slabbed coins from PCGS and I have no vested interest in any TPG company) Why on earth would I need to assume that what I was buying was in fact a coin which could not at all reliably be trusted to be one struck first by the mint? My first assumption (and I'm sure the first assumption of many a numismatic coin buyer) is that the label actually represents what it states. It wasn't until months later that I read an informative article on this exact matter. It is totally misleading and counts as deception or in the very least, a sales gimmick. It's the intentional deception part that is bad for the hobby of coin collecting. On the other hand, I think pro grading serves as a great service to coin collecting...these TPG just need to stop with the sales gimmicks is my gripe. |
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Valued Member
85 Posts |
Hi basebal21, "Early Release" does not logically suggest that the coin was issued earlier than the official date announced. I have to believe that most coin buyers / collectors who come across an "Early Release" coin would assume that of the coins of that issue sold by the mint that those with that label were among those released (sold) early. I doubt very many buyers would think that it means what you suggest....but there's always one out there I suppose.
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Valued Member
United States
110 Posts |
[quote]denco7, you're missing the point. The point is the label claim of "First Strike" is wholly misleading. "First Strike" implicitly implies or suggests that these are coins struck first by the mint....who are you kidding? If they were honest, they'd label them something else which would actually represent what they really are...they are NOT coins first struck by the Mint. "Early Release" is at least more honest. Next, they can not guarantee that the coins slabbed are the first struck coins by the mint. I would bet you that MANY coin buyers / collectors don't realize that "First Strike" does not mean coins that are struck first by the mint. Why in fact would someone assume that they aren't if they are being labelled "First Strike"? When I first started collecting numis just 6 months ago, one of the first coins I bought was a PCGS slabbed "First Strike" US coin believing that this coin was guaranteed to be one of the first struck by the US Mint. (I have no problem with graded slabbed coins from PCGS and I have no vested interest in any TPG company) Why on earth would I need to assume that what I was buying was in fact a coin which could not at all reliably be trusted to be one struck first by the mint? My first assumption (and I'm sure the first assumption of many a numismatic coin buyer) is that the label actually represents what it states. It wasn't until months later that I read an informative article on this exact matter. It is totally misleading and counts as deception or in the very least, a sales gimmick. It's the intentional deception part that is bad for the hobby of coin collecting. On the other hand, I think pro grading serves as a great service to coin collecting...these TPG just need to stop with the sales gimmicks is my gripe./quote] get over it man, if you don't like it, then don't do it... however, there is obviously a big difference in the "market" for FS and ER labels when it come to these sets, just do a 'completed listings' or 'sold listings' search on ebay and you will see whats up. Also, PCGS "FS" labels clearly state on the reverse of the label that it means that the coins were shipped and received by them within the first 30 days of release, so maybe you have never held a FS labeled holder in your hand or you would have already known this. What you call a "sales gimmick"... others call an extra profit when the time comes to sell them. There is obviously a strong market for collectors who will pony-up extra $$$ to obtain these designations... so boo too, but MONEY talks... you can't argue with that. To each man his own  Erik |
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Posted 05/09/2013 3:23 pm
