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Bedrock of the Community
United States
17884 Posts |
Quote:This is just stupid in my opinion because the TPG's know the only ones that will be sending these in are the big companies and does absolutely no service to the collecting community It's not stupid from their point of view. They already have the big companies sending Monster boxes to get the First Strike/Early Release labels. But now even if the boxes come to late to get those special labels it still encourages them to send the boxes in for the (S) San Francisco labels This means even more Monster boxes at 500 grading fees apiece. Sure it does nothing for the collector community but the primary goal of these companies is to improve their bottom line, the collector community is secondary. Quote:You can imagine the green monster full of 500 ASE's are a little heavy and shipping the whole box to the TPG must cost quite a bit not to mention you have to get the whole 500 coin box graded The cost of the shipping is minicule compared to the grading fees. 500 bulk grading fees is maybe around $4,000, the shipping is under $100 A large flat rate Priority box and Registered mail fees for $20,000 insurance ($14.95 priority + $41.25 registered fees = $56.20) |
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Bedrock of the Community
 United States
14454 Posts |
yeah I understand I was just trying to say I really doubt very many end users get sealed monster boxes and if they do I really doubt very many would be sending the whole thing to a TPG just to get the S MM on the label. Most end users that buy these monster boxes do so for investment instead of numismatic reasons so they really wouldn't care about them being in a slab with a MM on the label. Heck I am willing to bet some investors may not even know they are minting these at S mint now nor do they care, as long as it is 1 full ounce of silver and backed bu the US GOVT thats probably all they care about. Allot of investors are not collectors so all the information spreading around on coin forums and coin magazines may never be heard or read by the investor. I kind of got off track here, I can understand the TPG wanting to add to the bottom line, I just can't understand why the dealers would want to do so. I do not have any dealers around me and have never heard of monster boxes being sent in so you saying they get them allot anyway is news to me because I would think an average business would cherry pick the best coins to send in instead of sending in the whole box like you said |
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Rest in Peace
United States
9104 Posts |
Did anyone ever think they'd see the day when we'd have to depend on private enterprise to provide the mint marks for our coins?
I can understand no mm on 65-67 coins, and the wrong date on 65 and 75 coins, but there's no reason not to properly mm these coins.
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Pillar of the Community
United States
7196 Posts |
 Why are all the other coins mint marked? Business, commemorative and proof eagles. Heck we even list Philadelphia with a P now. Why no mint mark on the ASE coins? |
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Bedrock of the Community
United States
17884 Posts |
It probably has to do with the fiction that since these a "just bullion" that they are only accumulated for the silver content and they aren't collected as "coins". They are supposed to be interchangeable and any one piece can be exchanged for any other. Mintmarks on the bullion pieces kind of goes against that idea.
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Rest in Peace
United States
9104 Posts |
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Bedrock of the Community
United States
14454 Posts |
actually a denomination puts it in the "coin" category and out of the Bullion category to me
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Valued Member
United States
384 Posts |
Everything that has denomination on it, I call 'coin' even the pizza sized Canadain Gold Coin. If it does not have denomination it's something else - bullion/token/medal/etc. |
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
United States
3077 Posts |
aint sovereigns a denomination?
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Rest in Peace
United States
9104 Posts |
yes, but it doesn't appear on the coin. also some early US coins show no denomination. |
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Bedrock of the Community
United States
14454 Posts |
if you look I said "to me". if the item has a denomination it is considered a coin "to me" I do not call anything without a denomination a coin, I call it a round, especially modern pieces. don't have any classic designs that do not have a denomination on them so haven't really thought about them and actually can't even think of any items that circulated without a denomination on them except for the first V nickel but the V was meant to mean 5 and since its made of nickel it was supposed to be common knowledge it meant 5 cents. So even though it may not have had the denomination spelled out at first it was still meant to mean 5 cents |
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Rest in Peace
United States
9104 Posts |
I'm just trying to get a useful definition. Lots of things that I would call coins do not have denominations: sovereigns, old British coins, early US issues, krands, Yap stones. And vice-versa: Norfed, tokens.
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Pillar of the Community
United States
1348 Posts |
Sad that someone will pay extra money for these jsut to have them first.
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Rest in Peace
United States
9104 Posts |
One year we got $3.95 for MTG cards we got in Dec 22. When people complained, we offered them all they wanted for mid-Jan delivery @ $1.45. No takers.
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Posted 06/18/2011 1:23 pm
