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Pride Of Two Nations Set

 
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Valued Member
United States
75 Posts
 Posted 06/24/2019  12:39 am  Show Profile   Bookmark this reply Add dave92029 to your friends list Get a Link to this Reply
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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4720 Posts
 Posted 06/24/2019  06:48 am  Show Profile   Check Foxwoods Man's eBay Listings Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

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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1021 Posts
 Posted 06/24/2019  07:01 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

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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 Posted 06/24/2019  07:15 am  Show Profile   Check Foxwoods Man's eBay Listings Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
...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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United States
1021 Posts
 Posted 06/24/2019  07:44 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

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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 Posted 06/24/2019  4:11 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
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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12139 Posts
 Posted 06/24/2019  5:31 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
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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 Posted 06/24/2019  6:37 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
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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 Posted 06/24/2019  7:45 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

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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 Posted 06/24/2019  8:30 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

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.
Valued Member
United States
435 Posts
 Posted 06/24/2019  8:47 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
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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 Posted 06/24/2019  8:59 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

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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1021 Posts
 Posted 06/25/2019  06:52 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

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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 Posted 06/25/2019  07:28 am  Show Profile   Check Foxwoods Man's eBay Listings Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
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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435 Posts
 Posted 06/25/2019  11:42 am  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply

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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