Pride Of Two Nations Set

Called the RCM Today. Their sets were sold out in 2 days, they went on sale a week earlier than the U S Mint's sales. There is no delays with shipping and they are and have been totally sold out.....So, Everyone who ordered from them, already has them... My concern, I missed the RCM's sale, I ordered from a National coin dealer. My thoughts are that I am being told from that dealer, My sets will NOT be going out till the July 16th, when the RCM sends them to the National dealer. My concern is this, IF the National company had the coins in hand a week after buying them, that would be the day the U S Mint started their sets for sale, They, the National coin company could send the lots of bought coins off to the TPG'S and told the TPG'S, they would not pay for anything but 70's, and the less then 70's are returned back to the National coin company in time to mail out to people like myself. Any thoughts.....

DAVE92029, Thank You. That solidifies my thoughts.........

This may have already came up, but the sets in RCM OGP should not carry a premium over the USM OGP sets, because what's stopping a person from using an empty RCM box, where the coins were sent to a TPG service, and filling the empty slots with the coins from the USM box?

historicantiques:

Haha yes I am agreeing with you, sorry I didn't make myself clear. I think TPGs are also trying to make more money by offering fancier labels, i.e. "San Francisco trolley car labels" for the RP annual set last year. I mean, who wants a plain brown NGC label right? So how about they charge a little extra (in some cases, some of the proceeds goes to some foundation/charity) for the fancy label, and capitalize off the fact that collectors will do almost anything to have stand-out coins.

I completely agree (and hope) years in the future whether this set originates from the USM or RCM doesn't make a difference. It just means the RCM version was intended for Canadians, haha.

If I wanted the OGP packaging that badly (and not the RCM designation from TPGs) I'd just buy the packaging sans coins lol.

My Pride Of Two Nations set coming tomorrow from US mint,ordered July 3 set in Memphis until Yesterday finally started moving!!

TheInfinityPoint:

OK, thanks for clearing this up.

basebal21: I don't think anybody will ask if a PF-69 1915-s $20 gold piece was "First Day Issue" or not, or whether it was found/came from Ottawa or from Boston. Those details shouldn't have any effect on its price. If there were two identical ones, and one had a "First Day Issue" label, any premium would be for the label - not for the coin itself. The coins themselves are identical and should have the same price. So you would actually be collecting labels - not the coins. You'd be putting value on labels, not on coins themselves because theoretically, they're identical.

I realize modern coins have these labels and they command premiums, but we all have to realize these values are for the labels - not for the coins themselves.

I also realize that if you have so many identical coins - say 8,000 PF-70s - labeled designations are a way of distinguishing them from the "bullion" of other non-labeled PF-70s. I get it.

But again, the extra value you place on a PF-70 with a label, as opposed to an identical one that does not have a label is purely based on the label - not on the actual coin. So, in effect, you end up being a label collector, unless the labeled designation (e.g. "First Day Issue" indicates an actual physical difference between the 2 coins. But it doesn't. They're identical.

I'm fine with the secondary market of modern coins based on labeled designations, but I'm not sure they will really matter 50 or 100 years from now - as in the $20 gold piece example. Nobody cares if that PF-69 100+-year old coin was an "Early Release" or not. And even if labels do make a difference in values, it's not coin collecting anymore, it's label collecting because the only difference between two identical coins would be the label.