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Replies: 1,517 / Views: 102,445 |
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Pillar of the Community
United States
4897 Posts |
There is no system in place that guarantees that the first coins struck are the first sent out to fill orders. There is zero correlation between an early order # and an early die state. Once minted they are shipped randomly.
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Pillar of the Community
United States
1817 Posts |
Assuming that the boxes with the fully assembled sets, minus the COA arrive in Plainfield at the same time from San Francisco, but Amida is correct, first orders do not mean first strikings, but whichever box arrives first will be first in, first out. Generally, there aren't "better" or "worse" strikings with modern proof coins, dies are changed so frequently you would need a very high power magnifier to tell the difference between the first coin and the last coin struck of any die pair. If you truly believe in "early strikes" put several individual orders in at different times during the order period.
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Bedrock of the Community
13014 Posts |
Eng I get that and while that may have been true in the past the modern mint just produces them before hand and and if an early order gets a first strike its just out of sheer luck. If they did assure the first orders got it I'm pretty sure we would all be fighting each other over who can get their order in first lol
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Pillar of the Community
United States
1027 Posts |
For proof and especially reverse proof coins, any given die pair is probably not for any more than one to a few thousand coins at the very most. For an extreme example, the die for the 2009 UHRDE gold coin lasted for an average of around 300 coins. Very many die pairs will have have been exhausted minting this set and the number will be different for the proof and reverse proof coins (which wear out die sets faster). For the 2011 set, the RP die pair might have lasted around 1000 coins and the bullion die perhaps around 10,000 to maybe as many as 50,000. Die sets for circulation strikes last the longest but because of high mintages that may still only be a day or less. This is a major reason that FS and ER have no meaning, by the time any coin if offered for sale, many die sets have been used up and any early/late die state association has been scrambled. This is especially true for coin sets where the die have different lifetimes for different strike types. A month down the road you might be at the start of a new die pair or at the end of one, but many will have gone before. Also, with this set, since it appears that all orders will have been taken before any are shipped, there is another complete scramble as orders are fulfilled.
The die for uncirculated SAEs last somewhat more than twice as much as normal proof die because uncirculated coins are struck at lower forces and only struck once. Proof SAEs (and RPs) are struck twice, and the metal is harder for the second strike because striking hardens the metal. The ultra high relief Saint Gaudens double Eagle proofs from 1907 were struck as many as nine times and were annealed (softened by heat treating) between strikes. The repeated annealing and striking also had the effect of driving the copper into the coin, making the surface metal almost 24K by the time the coins were finished. For modern proofs, the second strike happens immediately after the first, the coin does not leave the press between strikes.
Edited by clairhardesty 06/13/2012 01:51 am
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Pillar of the Community
United States
4901 Posts |
Quote:
I wonder if they have all ready struck 250,000 or even 350,000 and are getting them ready to go..It would make them look like they were on top of the issue.. also longer you wait the older the dies get, that's why I like to get the early releases..much nicer coin's...just a thought...
Well I agree with the first part since they HAVE been minting them since May 11th...and I am sure they have a bunch ready to go the 2nd part has been addressed in posts before this one..proof dies are replaced many times and whether they are struck the 2nd week of May or the 2nd week of June the same procedure holds true. First Strike IS a joke marketing gimmick (that works)...the only label that comes close to being accurate is "Early Release" since it says nothing about when it was struck...just when it was shipped (doesn't mean it should command a premium...just that it was an early shipment)
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Pillar of the Community
United States
1116 Posts |
Welll I decided to go ahead and order 2 sets for myself. I do want to keep my entire set intact and this is the only way to accomplish this goal. The way that I figure it is that I'm missing only two coin set (gold and silver) that was put out a number of years ago. I've been on the lookout for that set but can't seem to either find it at all or at an affordable price. So I'll keep on looking for it.
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Pillar of the Community
United States
1027 Posts |
I ordered two sets and another 1.5 inch coin case that I use for raw silver dollar gifts (to bring the total to just over $300 and get the shipping upgrade). I fully expected them to hold on to the little box and ship it with the coins but it shipped today, via UPS 2nd day air, which should get it here Friday. Sometimes PBGS does things that are totally contradictory to their standard skinflint methods.
Sales fell to 4067 yesterday, which if that pace continued to the end would mean a finish at about 215,000 sets.
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Pillar of the Community
United States
1770 Posts |
still have to take into account the very last week of sales thats the week I'm sure alot of us are interested in
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Pillar of the Community
United States
584 Posts |
Clair I always enjoy reading your posts. I'm fascinated bye the depth, and your ability to elaborate.. effortlessly. It definitely inspires me to learn more.
As for the Two 12's (My handle for them) I just placed an order for 2 sets. I wanted to order them on opening day, even set my G Calender to alert me. Just for the fun of it. 125,371 Thats including my 2 sets. But hey I can still get a first strike right! Yes thats a little sarcasm.... lol But it'd be a cold day in heck before I shell out $10 $15 for it to say it. lol Got to love Marketers, when theirs a will they make a way.
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Bedrock of the Community
13014 Posts |
Quote:
Sales fell to 4067 yesterday, which if that pace continued to the end would mean a finish at about 215,000 sets. I really do wonder how close the count really is to reality since the counter does say an approximation.
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Pillar of the Community
United States
6326 Posts |
FS, ER, etc., etc., are "crap" and "hogwash", IMO. You pay extra for the designation from a TPG of course with your slabs. And a First Strike (or any other name they use) can definately happen at any time during the minting process. And depending on the coin, they could be minted ALL YEAR LONG, and then, at the end of the year, you could STILL get a "First Strike" after HUNDREDS OF THOUSANDS WERE MINTED.....       And of course, it works the other way TOO ! Meaning, you can get an "early order" in that DOESN'T MEAN you'll get a "First Strike".... (or shouldn't), because it should be, just based on strike quality.....nothing else. It's just a money making calculated plan invented by all those " in the game" EXCEPT THE CONSUMER ! ......... 
Edited by eaglefoot 06/14/2012 10:47 am
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Bedrock of the Community
13014 Posts |
Eagle not even to mention how absurd it is that it costs 15 dollars for an extra line of printing on a label
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Valued Member
United States
78 Posts |
by looking at the last 3 days of sale on this item, the quantity has gone up by ~3,000 per day. if that figure continues as of today (128,000) that would put it at around 200,000 total - give or take. for mint to demand - this is not a high number at all.
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Pillar of the Community
United States
3453 Posts |
Should be interesting to see what the last couple of days bring.
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Pillar of the Community
United States
1116 Posts |
Quote: CoinsKelly: Should be interesting to see what the last couple of days bring. You may be right about what the last couple of days would do to the count, but I kind of believe we are approaching the end of the hype period. Because there are a lot of people who seemingly are still miffed at the mint over the 25th anniversary set. It seems that the mint could be overreaching with all these "special" mintings. For the rest of the year we still have to look forward to the 2012 ATB pucks, 1st spouses, plus "S" mintmarked ATB 2012 quarters. This year is going to be as expensive as it was last year. My wallet is looking forward and is starting to cry UNCLE
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Replies: 1,517 / Views: 102,445 |