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 Replies: 9 / Views: 2,897 |
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Valued Member
United States
165 Posts |
The Pride of Two Nations sets are relatively low mintage (total of 110,000) but the sets sold by the RCM were limited to only 10,000. The Grading companies will provide special designations to the Canadian ( RCM) sets that are properly submitted. There are lots of listings on ebay for the US Mint issued coins. My questions is would You pay a premium for either one or both coins designated as being one of the 10,000 coming from the RCM? If you would, what premium is reasonable for the coins issued by the RCM? Does anyone know how many points NGC is awarding the ASE from these sets, and if NGC is giving added points to the coins coming from the RCM in the NGC Registry sets? |
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Pillar of the Community
United States
4901 Posts |
I do think there should be a premium associated with at least the ASE from the RCM set graded as such. Look at routine ASE in some Dollar and Congrats sets and even some US Mint sets. How much? 10k vs 100k...lots of raw RCM sets sold dropping the 10k to who knows what...opened box ..and...on the other side...APMEX has both the US and CDN PCGS FS 70's at the same price...duh It would cost me $140+72+approx $45 shipping and handling ...so $257-ish and they sell 70 FS's for $279...no worries so the premium according to APMEX is zero but I don't buy it (and I did buy it from them) |
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Pillar of the Community
United States
1913 Posts |
Quote:My questions is would You pay a premium for either one or both coins designated as being one of the 10,000 coming from the RCM? No. If you can't tell a difference by looking at the coins, then the coins are the same. If having identical coins from all of the different OGP's offered is so important, I don't follow the logic of having a 3rd party grader separate the coins from their OGP and putting them in different packaging that indicates the OGP that they came from. All that said, people do pay more for these origination type labels. Foxwoods is spot on with his take on the subject. The RCM label would be the one to buy this ASE in if you're in to that sort of thing. |
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Rest in Peace
United States
17900 Posts |
The only real difference in value would be achieved if they were separately listed on the registries. Those are the only collectors who will probably have any interest.
Neither NGC nor PCGS has them with their own placement in their registries even on the "every label ever" sets.
Unless the registries change to two separate listings the likelihood of much value differentiation is limited.
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Valued Member
 United States
165 Posts |
Quote:
The only real difference in value would be achieved if they were separately listed on the registries. Those are the only collectors who will probably have any interest.
Neither NGC nor PCGS has them with their own placement in their registries even on the "every label ever" sets.
Unless the registries change to two separate listings the likelihood of much value differentiation is limited. The NGC registry States: "2019-W REVERSE PF - ENHANCED FINISH There are not yet any eligible coins for this slot." So we do Not know how these coins might be handled in the Registry yet. My Guess, since both NGC & PCGS have created special labels with unique designations for RCM and USM, I suspect that they will have two different registry listings, and different points to each. Thus, requiring the real collectors to get one from each mint. IMHO. |
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Pillar of the Community
United States
4901 Posts |
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Pillar of the Community
United States
2764 Posts |
Thanks Fox and everyone els. I always appreciate your insight and thoughtful post. @Fox: You just saved me $30 by mentioning APMEX's price different from their own site vs ebay (duh, 10% seller cost). Another good thing: I was offering $250 for a raw RCM set, luckily the seller turned down my offer... lol. |
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Pillar of the Community
United States
2764 Posts |
I realized that there's a premium for PCGS FD (First Day of Issue) vs FS (First Strike).... in another word, PCGS created another category within its existing category. They sure know how to create and maintain market interest.
Where will this end?
In all honesty: I am buying into this "label" trend NOT to purely collect but to buy/sell coins and subsidize for my other important coins. However, I have not been as successfully as Fox. I need an apprenticeship with you, Mr. Fox...hehehe
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Pillar of the Community
United States
1913 Posts |
Quote:
I realized that there's a premium for PCGS FD (First Day of Issue) vs FS (First Strike).... in another word, PCGS created another category within its existing category. The irony is that neither one materially measures the quality of the strike. If they did actually grade the quality of the strike (first off the die versus later off the die), that would be something worth paying for. They already do this sort of thing with Franklin halves, Mercury dimes, Jefferson nickels, etc. Quote:
Where will this end? When the market will not pay extra for whatever labels they conjour up . Right now they have not seemed to have hit that limit. I'm anticipating an "Evaluated by senior grader" label at some point. |
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Valued Member
United States
165 Posts |
I have been looking at the PF69 coins on ebay, and they are very reasonable, considering the low mintage. They are priced like normal PF coins that have a mintage of 300K+, very strange IMHO. The majority of my ASE collection are PF69, because PF70 for about the first 25 years of the ASE series were very rare, and pricey, plus the 69 coins looked the same to me as the 70 coins. Recently the USM has upped their game (?), and the 70 grade coins are now more common than 69 grade coins so there isn't that much difference in price between the grades. I'm also planning on submitting my RCM sets for grading, and the prices of the 69 coins gives me a good idea of the "Worst Case" sale price I can expect when I try to sell my extra sets. Hoping that the Registry Sets gives premium points to the RCM sets that are so designated, which I feel will increase their desirability and value to Registry collectors. |
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Replies: 9 / Views: 2,897 |
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Posted 07/06/2019 7:00 pm
