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 Replies: 59 / Views: 7,266 |
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Pillar of the Community
 United States
1255 Posts |
That's a good point Conder101, why even band them with different locations if they are considered the same by the government and the APs have no choice on what they receive. Not sure for the whole reason to have bands on the green boxes.
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Pillar of the Community
United States
561 Posts |
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they shouldnt have a problem getting a mix of both And if they don't they can still package them however they want as nobody will ever know the difference.  Sorry. Couldn't help it. |
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Pillar of the Community
United States
3755 Posts |
The bands on the boxes would be to help keep track of tons of silver perhaps? Just a guess. As for the W and S coins. Of course they are different coins. They are minted at completely different facilities. That is a fact that can not be argued. And that makes them different coins. Simple. That's not the argument really. The argument is whether it makes a bit of difference as there is nothing on the actual coin to distinguish them. Whether you think that those different coins need or deserve a third party distinguishing them. That part IS a matter of personal taste. jbuck and company do not believe that distinguishing the coins in a slab is valid or needed. And the arguments they have are reasonable. Myself and others believe that those slabs are a valuable thing as they do indeed let us know which of the different coins are which. We can't help it we are right and jbuck and friends have gone off track.  (that was complete and utter joking if you didnt catch that) |
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Pillar of the Community
United States
1255 Posts |
I'm sure they keep track of their silver whether the band says SF or WP or Nothing at all. If the govt. doesn't think there is a difference then why band them differently, just band the box and don't mark the location of where these coins were minted. A barcode on the box is all that is required. I'm still not clear why they do it if it doesn't make a difference to them. I'm glad they mark them differently so I can obtain a variety of bullion ASEs from different mints. To each their own........
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Pillar of the Community
United States
899 Posts |
Teach - I agree to each their own. I'll spend my money on graded coins that have merit. I don't see the value of a graded bullion coin - when there are 42 million of those same coins. Regardless of who took the time to seperate them out by the banded boxes to send them in for grading - the basic premise is they are 1 of 42 million other rapid stamped bullion coins. The object to bullion coins is to get them as close to current market price - not try and make believe they are unique collectors pieces - becasue 42 million other people believe they also have the perfect collector piece.
With 42 million made the odds are quite high there are a lot of MS70 coins - a LOT of those coins...which also means I really don't care which mint put a band on the box...<g>
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Moderator
 United States
189110 Posts |
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jbuck ... do[es] not believe that distinguishing the coins in a slab is valid or needed. And the arguments [he has] are reasonable. That is not entirely correct, and I apologize if I was not clear. Distinguishing the coins is valid and needed if one must have one example from each mint. The point is that without the slab, there is no way to tell them apart. I do not collect ASE, so my opinion is just that of an outsider. If I did, I would not care to have both, since I use Dansco albums and would crack the slabs. Once that is done, there is no way to know which is which. My loss then.  Ultimately, I only acquire a coin if I can tell what that coin is, raw, on its own, with no help from a holder or a label. This is why I brought up the West Point minted Lincoln cents. No one tries to collect these and the Philadelphia cents separately. I have no idea which one of my 1974 to 1986 Lincoln cents were minted in Philly or which ones were minted in West Point. But if you want to collect these separate ASE slabs and get one of each, then I will not stop you. Sure, I might look at you with a raised eyebrow, maybe.  |
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Bedrock of the Community
13014 Posts |
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I'm sure they keep track of their silver whether the band says SF or WP or Nothing at all Without the distinction it would be impossible. If some goes missing or a box goes missing the one mint can just blame the other. Or a shipping problem where it goes missing ect. Youd have to fire everyone with no way to track down where the problem is in the system. Quote:
I'm still not clear why they do it if it doesn't make a difference to them. It obviously does make a difference to them or they wouldnt, they just dont charge differently. |
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Pillar of the Community
United States
1903 Posts |
Let's look at this argument from a different perspective and take a classic example... Type 1 Standing Liberty quarter 1916 vs 1917 Philadelphia issue.... There is no arguing these are different coins and derive significantly different values, however... When these coins get significantly worn to where you can no longer tell them apart the values merge to be the same. So it all derives from provenance..the ability to tell one coin from the other. In the case of WP vs SF Bullion ASEs....again the value difference boils down to provenance, the ability to tell the difference between two different coins. When the provenance is lost, the values merge to be the same, just like the SLQ example above. So yes...these are definitely different coins, but ONLY when we have the evidence to back it up. |
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Pillar of the Community
United States
2543 Posts |
And also numismatic history is rife with examples of the same coin in a designated holder commanding a premium.
The old PCGS Doily holders, the Redfield Hoard holders, the Binion collection, the Kaye collection, the original NGC Black holders, to name a few. Same coin, sought after holders.
And personally, I am stocking up on (S) designated holders, because I KNOW that years from now , Eagles with a San Francisco provenance will be collectible.
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Pillar of the Community
United States
624 Posts |
Does anyone know when the 2014 Slabbed Proofs will be available for pre-sale and at what price? I picked-up a nice 2013W PCGS PR70 DCAM for $68 on ebay today and it got me thinking about the 2014W. |
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Pillar of the Community
United States
2543 Posts |
Quote:Does anyone know when the 2014 Slabbed Proofs will be available for pre-sale and at what price? I picked-up a nice 2013W PCGS PR70 DCAM for $68 on ebay today and it got me thinking about the 2014W. Do you mean the proof ASE ? Those are all minted San Francisco and the Mint is releasing those Jan 23. The W minted coins are not proof, but Uncirculated. The Mint did not publish a release date for those yet. Tentatively in April. Edit: Brain lock! Of course the Proof Eagles are made in West Point with a mint mark. Had silver proof sets on the brain Sorry for the mis-info. Edited by denco7
01/11/2014 07:18 am
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Pillar of the Community
United States
624 Posts |
Denco... yes, the '14 Proof ASEs (PR70 PCGS DCAM). I wasn't aware that there weren't going to be 2014W's... thanks. I guess that means there won't be any special editions or Reverse Proofs in '14.
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Pillar of the Community
United States
2543 Posts |
The Mint stated that they were going to take a break from the reverse proofs for a while, 2006, 2011, 2012, 2013 is enough for now they said. There was talk of the new enhanced Eagles taking the place of the Uncirculated as the mint brought on a lot of new technology for those and they need to justify the expense with more than one special edition coin. But that talk has all but died out.
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Pillar of the Community
United States
899 Posts |
Actually - the talk was to use the laser technology on future mint proofs - nothing specifically was said about using again it on the ASE. The mint used the laser on the 2013 5* General silver dollar and has used it again on the 2014 Civil Rights commemorative. |
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Pillar of the Community
United States
2543 Posts |
Quote:Actually - the talk was to use the laser technology on future mint proofs - nothing specifically was said about using again it on the ASE. "Actually".......... back in March in an interview with CoinWorld, Michael White, the Mint spokesman said ....... Quote:
White said at this time it has not been determined whether the "Enhanced Uncirculated" superlative will become the norm for Mint-marked, non-Proof silver American Eagles, replacing the standard, burnished Uncirculated version. |
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Posted 01/09/2014 1:05 pm
