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Replies: 25 / Views: 3,936 |
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New Member
Korea, Republic Of
20 Posts |
News Update NGC is slabbing San Franscisco Mint coins. They must be either certified as BU in tubes, or shipped in as sealed monsterboxes.
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Pillar of the Community
United States
584 Posts |
Conder101 Once again your post, gives me much enjoyment.
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Bedrock of the Community
United States
17884 Posts |
It has been pointed out to me that they ARE now slabbing the 2011-(W) coins as well Hooray! Now if you want all of them you will need a 2011 bullion, a 2011-(S), a 2011-(W), a 2011-W proof and then later this year you'll need the special 25th anniversary labeled 2011 bullion, the 2011-S burnished, the 2011-W burnished, the 2011-W proof, and the 2011-(?) reverse proof! Only NINE COINS! (four of which are only identifiable because of their special labels. Do we collect coins or labels, I forget?)
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Pillar of the Community
United States
6326 Posts |
" Reverse Proof" ....  Is that a joke example or is there really going to be one ? I only collect the Proof ASE's......and I don't collect any slabs by ANY TPG, so all that other stuff is unappealing to me..... but I would raise an eyebrow to a Reverse Proof though ! I missed the first one.........don't wanna miss another opportunity (if there is one) !
Edited by eaglefoot 08/26/2011 11:16 am
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Valued Member
United States
162 Posts |
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Pillar of the Community
United States
4901 Posts |
Quote:
It has been pointed out to me that they ARE now slabbing the 2011-(W) coins as well Hooray The 2011 (W) won't be sold for another month...how can they be getting graded now?
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Pillar of the Community
United States
6326 Posts |
ALLRIGHT !! Hope I can score one or two ! Subscription ? Limitations ? Or will it be the ole "first come first serve" routine MADHOUSE of millions of folks crashing the website at once to get one the very minute they go on sale ? Somehow I'm guessing that the premium for these will not be as long lasting as the first one in 2006 struck at the Philly Mint....... 
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Valued Member
United States
162 Posts |
Quote: The 2011 (W) won't be sold for another month...how can they be getting graded now? The 2011-W uncirculated, with mint mark won't be out for a month. If you buy a monster box you can tell which mint it is from. Send the whole box in for grading and they will note which mint it came from.
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Pillar of the Community
United States
1817 Posts |
It's a moot point if you ever decide to jailbreak them out of the holders as the coins are supposedly identical to the West Point ASEs.
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Pillar of the Community
United States
4901 Posts |
It just gets confusing when a reference is made to a coin as 2011 (W) or (S) and there is no mint mark associated with it. It will even be MORE confusing when the 5 coin set comes out and there WILL be a (S) and (W) mint marked ASE and a slabbed (S) and (W) coin without the mint marks The grading companies are putting the (S) on the labels now (monster box submitted) which created the mess My opinion only: Slabbing the San Fran (non-mint marked) ASE's is lame....pretty weak and not an option for the normal collector without the over $25k or so to get it done
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Rest in Peace
United States
9104 Posts |
"Normal Collectors" don't have the $25K to buy monster boxes, should they just eliminate the program?
These were never intended for collectors, just PM speculators.
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Bedrock of the Community
United States
12437 Posts |
Quote:It just gets confusing when a reference is made to a coin as 2011 (W) or (S) and there is no mint mark associated with it. When a mintmark is shown in parentheses, that denotes that the coin was minted at that particular mint but does not carry the mintmark.
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Pillar of the Community
United States
4901 Posts |
Quote: When a mintmark is shown in parentheses, that denotes that the coin was minted at that particular mint but does not carry the mintmark. So why don't the grading companies use (W) on the bullion ASE's from West Point? If you use the (S) then the (W) use should be a given ...and it says "Struck at the San Francisco Mint" on the label anyway ..and PCGS does not use the (S), only NGC
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Pillar of the Community
United States
7629 Posts |
PCGS does too use the (S) and the (W).
By and large this is a marketing gimmick, but the coins actually did come from those mints, thus the mintmark in parentheses. They probably wouldn't have different values if there was no demand for them, so evidently some people do care where they were minted.
Do not get the 2011-(W) bullion issue mixed up with the 2011-W burnished issue that will be out in another month or two. Those will definitely have a different value.
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Pillar of the Community
United States
4901 Posts |
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