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Why Does ANACS Certify First Strikes?

 
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New Member
United States
18 Posts
 Posted 09/26/2006  12:59 am Show Profile   Bookmark this topic Add Coins.Guide to your friends list Get a Link to this Message
Why does ANACS certify "First Strikes" when the U.S. Mint doesn't even know which coins were struck first? (The Mint has posted a warning about this on their Consumer Awareness Hot Topics page.) As a long time ANACS customer, I am disappointed that ANACS hasn't led the charge towards integrity by using a more honest designation such as "First Release" or "First Day/Week/Month of Sale" (indicating that the coin was sold on the first day, as proven via sales receipt, etc.)

Can you please address this subject?

(Submitted by About.com Coins Guide on behalf of an anonymous visitor, edited for clarity and brevity.)
ANACS President
United States
98 Posts
 Posted 09/26/2006  7:52 pm  Show Profile   Bookmark this reply Add James Taylor to your friends list Get a Link to this Reply
Thanks for your question. As the industry defines "First Strikes" it means a coin that was struck within a month after the coin was first issued. The Mint--the government--sees it differently. I know enough to not fight city hall, much less everyone inside the beltway. I'll leave it to people and the market to decide for themselves.

As for why ANACS does it, simply because there is a demand for it. Obviously not from you or your customer, but enough people must like them. But I've gotta say, I'm like you though. I wonder why they still make sugar-coated cereal. I never touch it.

James
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