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 Replies: 104 / Views: 10,076 |
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Pillar of the Community
 United States
4901 Posts |
My Mint order was a subscription so no freebie for me I did order some PCGS 70's on a whim (pre-sale)..got free shipping with them  The issue price is what it is..but compared to a bullion ASE it is out there |
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Pillar of the Community
 United States
2843 Posts |
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How do you feel about the $44.95 issue price? I "feel" that you can get them graded by NGC MS69 for $34 on ebay. (At least yesterday they were available.) You won't have the packaging, but hey that's $11 back in your pocket. |
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Pillar of the Community
United States
4901 Posts |
Quote:I "feel" that you can get them graded by NGC MS69 for $34 on ebay. Hmmmm...really? You "feel" they are available? How about a link to just one of those for sale...or even an auction number Edited by Foxwoods Man
12/02/2016 11:25 am
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Bedrock of the Community
United States
12845 Posts |
I think BigSilver may be talking bullion graded MS69, not the W.
I almost pulled the trigger yesterday but decided to wait on my 2 until the Moultrie or Dollar set are released to get the freebie shipping.
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Pillar of the Community
United States
4901 Posts |
Fort Moultrie..yes....dollar set..no (released after 12/11)
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Pillar of the Community
United States
1044 Posts |
We'll you won't be able to get it on the dollar set since the free shipping offer will be expired by then (unless they extend it which is what I'm hoping for).
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Pillar of the Community
United States
4901 Posts |
Quote:
I think BigSilver may be talking bullion graded MS69, not the W. Yup...figured that |
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Pillar of the Community
United States
2843 Posts |
I am confused. Is there a bullion issue from West Point thatv is different than the one being discussed here?
I definitely saw a 2016 W graded by NGC for $34 ish.
It did not say burnished. Is that the difference?
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Pillar of the Community
United States
1027 Posts |
Foxwoods Man, I don't dispute that the Uncirculated ASEs are not called satin proofs by pretty much everyone, including the copy writers at the mint, but I tend to believe the CoinWorld article because it uses "West Point Mint press operator Jumel Alston" as its source of information. It is the copy writers (marketing types) at the mint that have befuddled the meaning of once clear numismatic terms over time. Again, I don't contest what the coins are being called by TPGs or even the mint, I am only saying that according to the information that CoinWorld obtained from a person minting the coins that the Uncirculated ASEs meet the classic numismatic definition of a proof coin. Basically, I don't take lack of a statement in various sources as to number of strikes to mean that the coins are only struck once, and I choose to take a positive statement that the coins are in fact struck 3 times as true until a higher authority clearly states something different. I think that we can agree to disagree on this point. I personally lament the demotion of satin proofs (and probably "enhanced uncirculated" coins) to something less than ultra-cameo proofs. I think that they deserve equal footing if they do, in fact, meet the classic definition of proof coins. I don't really care what the TPGs call them especially since they don't even agree with each other as to what to call them. After all, the 2009-W UHRDE was undeniably struck multiple times and was called a "business strike" by the mint copy writers, as are this years centennial tribute gold coins, as well as last years High Relief American Liberty gold coin. To me, a proof is a proof no matter what the finish, probably because I grew up with fully brilliant proofs and miss them. On a more upbeat note, my Uncirculated ASEs have been marked as shipped but FedEx has not received the tracking number yet, possibly due in some part to the wildfires in TN. |
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Pillar of the Community
United States
1027 Posts |
BigSilver, you have to look out for how some coins are designated. A 2106 W coin may be different than a 2016-W coin, the former lacking a mint mark. This year it is even easier to tell the difference between the two because in addition to the lack of a mint mark, the bullion coin has the classic reeded edge and the Uncirculated ASE has a smooth edge with incuse lettering. It is true that all 2016 bullion ASEs come from the West Point mint. In some previous years the San Francisco mint also produced bullion ASEs, most notably the ones in the 2011 25th anniversary sets. Of course the mint mark is not the only difference between the numismatic Uncirculated ASE and the bullion coin, there are significant differences in the manufacturing of the coins as well. Just make sure that you are getting what you think you are paying for. Since there is no way that I know of for anyone to get the 2016-W ASE for less than the $44.95 mint price, it is highly unlikely that anyone would grade them and sell them for less than that. The Uncirculated ASE was just released yesterday so it is unlikely that anyone has graded coins in hand just yet. |
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Pillar of the Community
United States
4901 Posts |
Yup...you were looking at 2016 (W) bullion coin...the (W) just means it was submitted by someone to the TPG as a sealed box and eligible for the (W) or "from the West Point Mint" designation on the label PURELY a slab designation...the coin itself is the same as every other bullion ASE and, as was mentioned above, does NOT have a W mint mark like the burnished being discussed |
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Pillar of the Community
United States
4901 Posts |
126,902 sold on day one  |
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CCF Master Historian of USA Commemoratives
 United States
12300 Posts |
Regarding the "proof" vs. "not proof" discussion...
I might be mistaken, but I thought a polished planchet was also a distinguishing characteristic of a proof coin.
While the "Uncirculated" ASEs now on sale from the Mint use specially-prepared planchets, I believe only the "Proof" ASEs use polished planchets.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
1044 Posts |
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126,902 sold on day one Do you know how many proofs have been sold to date? |
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Pillar of the Community
United States
4901 Posts |
Off the top of my head I think it was north of 450k (not including the LE set or the Congrats set)
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Replies: 104 / Views: 10,076 |
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Posted 12/02/2016 10:13 am
