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$5000 PCGS Reward For First W 25c

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Pillar of the Community
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 Posted 04/06/2019  10:40 pm  Show Profile   Bookmark this reply Add TheForce to your friends list
Don't seem to get "new" rolls of coins at work. I keep thumbing through them though!
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 Posted 04/06/2019  10:44 pm  Show Profile   Bookmark this reply Add atticguy to your friends list
It appears that should I be lucky enough to find the first one, I would NOT be eligible for the cash reward. The rules state that one must be already associated with PCGS to qualify.
Bedrock of the Community
13014 Posts
 Posted 04/06/2019  11:10 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
It appears that should I be lucky enough to find the first one, I would NOT be eligible for the cash reward. The rules state that one must be already associated with PCGS to qualify.


Makes sense that a PCGS reward would be limited to PCGS members. That said if you think you found the first one I would join and send it for a 10x reward
Valued Member
United States
265 Posts
 Posted 04/08/2019  10:57 am  Show Profile   Bookmark this reply Add mail187man to your friends list
I doubt I will find the first W quarter, but my bank is IN Lowell, and I hope they were extra generous with their allotment of W quarters. I bought 15 rolls of quarters over the weekend and found about 3/4 of a roll's worth of 2019-P quarters. No such luck on the W but I think if I stuck to getting random rolls from my bank, I may have some luck.
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United States
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 Posted 04/09/2019  2:51 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
At least one person on CoinTalk has already found one and others have been reported, and they know about the reward. I'm sure by now the coins are either on their way or already at PCGS That $5,000 reward is basically gone.

I have to wonder how many Lowell W mint quarters they have been sent by people trying to get the reward? Something tells me they will earn a lot more in submission fees than the reward will cost them.

And if they are slow in announcing the reward has been won, how many MORE submissions they will get. It is to their advantage to delay the announcement a couple weeks.
Edited by Conder101
04/09/2019 2:54 pm
Pillar of the Community
United States
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 Posted 04/09/2019  3:56 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list

Quote:
And if they are slow in announcing the reward has been won, how many MORE submissions they will get. It is to their advantage to delay the announcement a couple weeks.

Beyond the "first discovery", there are "first week of discovery" and "early find" (45 days), so they'd almost have to announce when the first submission was received if these other pedigrees will have any integrity at all.

I'm wondering how many will be received on the first day, since the $5000 will be split among them.
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 Posted 04/09/2019  5:34 pm  Show Profile   Bookmark this reply Add TheForce to your friends list
I don't really think those pedigrees will have any real overall value to the coins. Weather you find one on day one or day 45 at the end of the day it's still the same coin. Why pay more for the special label? Further I think it will be interesting to see what these raw coins trend for in the next issue of Red Book. I bet people buying them now at $100+ will be kicking themselves.
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10038 Posts
 Posted 04/09/2019  5:47 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
While the quarters themselves won't differ one from another, the labels will add an artificial value (non-inherent to the coin itself) to the quarters and have some people who like collecting slabs salivating.

I think the REAL experts at PCGS reside in their marketing department!
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Bedrock of the Community
13014 Posts
 Posted 04/09/2019  8:26 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
I don't really think those pedigrees will have any real overall value to the coins.


The first one definitely will and very likely a huge one like the first sold gold Kennedy and the first sold Baseball coin. The first week likely will have a pretty noticeable one, and the early find probably small maybe moderate at best.
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United States
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 Posted 04/09/2019  8:28 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list
The countdown has started, so PCGS got at least one today.
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United States
188770 Posts
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United States
1667 Posts
 Posted 04/10/2019  2:20 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list
I have no patience. been checking PCGS population all day to see the grades. so far all they have done is list the categories for all of these W mintmark quarters with the PCGS numbers but no result beyond that for the search.

HOWEVER, If you search "2019 W quarter" and you look down the entries you find "PCGS# 717973 2019-W 25C Lowell NP PCGS First Discovery 1 of 2" .
So there were 2 winners yesterday. The curiosity of the grades of them is killing me though.
Edited by Big-Kingdom
04/10/2019 2:21 pm
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 Posted 04/10/2019  3:36 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list
For those who don't know the winner was a CCF member!

http://goccf.com/t/344612
Edited by GrapeCollects
04/10/2019 3:39 pm
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 Posted 04/10/2019  4:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Thank you for the tip! I missed that topic. Does not really belong in V/E sub-forum (which I only skim) so I moved it out.
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