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Replies: 772 / Views: 74,495 |
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Valued Member
United States
165 Posts |
I noticed that one dealer is taking pre-orders @ us$ 238, a $99 premium.
Does this seem realistic? I realize that the two coins in the set are unique and low mintage so can un-graded coins demand such a premuim?
Who is planning on trying to get through to the US Mint on July 3?
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Pillar of the Community
United States
4901 Posts |
Quote: I understand that in order to get ER you have to send the coins in a sealed box, Quote: I realize that the two coins in the set are unique and low mintage so can un-graded coins demand such a premuim? Early release has zip to do with sending in a sealed box. It is TOTALLY related to having the coins received by NGC by the cut off date. The "Set" label sometimes needs the coins delivered in an unopened box IF the coins are, or will be, available elsewhere either singularly or in another set Since these will be unique (I think) coins most likely they can be sent in by themselves ...and the true value of any coin is the price it sells for. Anyone can ASK a price for a coin but pre-sales are probably not the best way to determine future value
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Pillar of the Community
United States
1374 Posts |
Quote: Early release has zip to do with sending in a sealed box. It is TOTALLY related to having the coins received by NGC by the cut off date. ...but, for PCGS First Strike, you can send in an unopened box at any point in time Quote: Submit the coins in the original unopened shipping box from the U.S. Mint with a postmark date prior to the specified PCGS cutoff date.
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Pillar of the Community
United States
4901 Posts |
...The OP mentioned "ER" so that's why I followed with NGC comments
Yes, PCGS does have different requirements
Also...this set contains a non US coin so it may need a "World coin" submission form for the Canada coin and a US submission form for the US coin. Adds a bit more to the fees for two submissions
Hopefully NGC will work this out somehow before release
Edited by Foxwoods Man 06/24/2019 07:19 am
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Pillar of the Community
United States
1374 Posts |
Quote: ...The OP mentioned "ER" so that's why I followed with NGC comments Yes, but the OP also mentioned "sealed box" which is why I added the PCGS criteria Quote: Also...this set contains a non US coin so it may need a "World coin" submission form for the Canada coin and a US submission form for the US coin. Adds a bit more to the fees for two submissions Unless the TPGs do something special for this set, IMHO you will have to submit two submission forms along with their respective grading, handling and shipping fees. I've never understood why the TPG's don't allow "mixed" submissions, particularly since the separate submissions can be sent to them in the same package 
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Pillar of the Community
United States
1913 Posts |
I think this is awesome as there hasn't been a significantly different ASE for a few years. This set has both a unique ASE and unique packaging. I get to recomplete my ASE set five times this year.
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Bedrock of the Community
13014 Posts |
I would bet the TPGs will allow these to be submitted together. Quote: I've never understood why the TPG's don't allow "mixed" submissions, particularly since the separate submissions can be sent to them in the same package Logistics. Say you sent in a submission that had 3 seated halfs, 2 1700s Chinese coins, 5 modern world coins, and 4 tokens. Instead of a group of graders grading your whole submission your Seated coins would have to go to one group, then the tokens to another, the moderns to another, and the Chinese to another. Maybe the modern get done with some of the others but you're looking at 2 or more grading groups for one submission where each group is only grading part of the submission.
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Bedrock of the Community
 United States
12817 Posts |
I was thinking along those lines as well. You want specialists in their field to be doing the grading. So to sort/direct the items to their respective graders and then re-group them after grading adds complexity and cost to the process.
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Pillar of the Community
United States
1374 Posts |
Quote: So to sort/direct the items to their respective graders and then re-group them after grading adds complexity and cost to the process. Isn't this how it is done now? Aren't different types of US coins graded by different graders who have expertise on a particular type of coin? So, when a submission has several different types of coins on it, don't those coins have to be routed around to the correct graders and then regrouped?
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Bedrock of the Community
13014 Posts |
Quote:Isn't this how it is done now? Aren't different types of US coins graded by different graders who have expertise on a particular type of coin? So, when a submission has several different types of coins on it, don't those coins have to be routed around to the correct graders and then regrouped? The tiers themselves do that which is one of the reasons why gold isn't allowed on the economy tier.
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Pillar of the Community
United States
1044 Posts |
So with regards to the ASE in this set, will this be the first ever with an enhanced reverse proof finish?
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Bedrock of the Community
13014 Posts |
Quote:So with regards to the ASE in this set, will this be the first ever with an enhanced reverse proof finish? Yes. They've done the enhanced and the reverse proof but never combined
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Pillar of the Community
United States
1374 Posts |
Quote: The tiers themselves do that which is one of the reasons why gold isn't allowed on the economy tier. Really? So, graders are based on the tier of submission?  I always thought that the graders were based on their expertise and that when several different types of coins where submitted, let's say on a regular submission, that the coins were split up and routed to different grading groups and then brought back together at the end 
Edited by BadDog 06/25/2019 07:37 am
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Pillar of the Community
United States
4901 Posts |
Regarding NGC:
The economy coin value limit is $300 so that kinda rules out most gold as stated. It's mostly used for older coins since the turnaround time is higher and the cost ($20) is greater than a Modern tier submission ($17) which has a value limit of $2000 and can include gold.
It is an assumption that graders have their specialty areas and mixed submissions are steered to the appropriate graders.
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Pillar of the Community
United States
1044 Posts |
Quote: Yes. They've done the enhanced and the reverse proof but never combined That'll probably make this a really desirable set then. I can see it selling out sooner than the Apollo Kennedy set.
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Replies: 772 / Views: 74,495 |