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 Replies: 1,581 / Views: 148,946 |
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CCF Master Historian of USA Commemoratives
 United States
12326 Posts |
Quote:
That's only because bulk submitters put 70 as the minimum grade. Anything that isn't a 70 doesn't get graded and doesn't get counted in the population report. Bulk submitters submit the overwhelming majority if ASEs, they literally send in pallets of monster boxes for grading. It could have taken 20k coins to get those 13k 70s or it could have taken 50k, no one knows but the big boys and PCGS.
None of them have anywhere remotely close to a 90 percent 70s rate. @basebal21: I believe the point of my post regarding the PCGS statistics was missed. I don't believe the average collector cares very much about how many coins were submitted vs. the number that were actually graded. After all, a collector looking for a PF-70 coin in a PCGS holder can only select from those that made it into such a holder. So, the population of graded coins becomes most relevant. Also, I don't believe there was the same magnitude of bulk submissions for the 2019-S ERP ASE as with previous ASEs due to its lower mintage and its limit of one coin per order. I understand what you are saying about the number of coins that are submitted but not graded, but that's not the question I was trying to answer. The population reports of PCGS and NGC are often quoted to point out the scarcity or rarity of certain issues or grades. If the ASE series is reviewed, however, it will be seen that many of the issues show a high percentage of "70" coins. I realize that many collectors look for "perfect" coins and so go after those that achieve the "scarce" 70 grade, but, in many cases, 70s are less scarce than some realize. I believe the 2019-W ERP ASE statistics are a good proxy for what we may see when there are enough 2019-S ERP ASEs graded to give us a true accounting. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
2764 Posts |
Welcome back Foxwood Man. I was wondering where have you been... I haven't seen you posted for a while, especially in this hyperactive thread. I missed reading your insightful posts.
Good seeing you back.
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Pillar of the Community
United States
4901 Posts |
Thanks SA4H..I kinda missed the group....
...and Commems...as I posted only 161 have been graded by PCGS (no NGC stats) so far not nearly 14,000
Edited by Foxwoods Man
11/20/2019 6:09 pm
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Pillar of the Community
United States
4901 Posts |
Just as an FYI re: prices.
MCM earlier today had 66 available...ALL 69's or raw in OGP...for.............$950......
They sold 7 and raised the price to $1125 and added 25 more to the availability. No sales yet at that price
This coin is a beast.....
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Pillar of the Community
United States
1044 Posts |
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Hey ...trying to come back after a long hiatus. Yes Fox Welcome Back! Good to see you posting again. Was actually just thinking of sending you a PM to see if you were still active on the site and here you are. So did you happen to secure one of these beast for yourself? |
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Pillar of the Community
United States
703 Posts |
Really stoked so many of you were able to grab this coin!
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New Member
United States
9 Posts |
Just a FYI: since I accidentally ordered 2 coins on Thursday (the website kept crashing so I wasn't sure if my first order went through, which it did) the Mint cancelled my second order, so there's at least one coin making its way back to the pot. &  |
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Valued Member
United States
165 Posts |
The FEDEX shipping notice does not indicate that a signature is required to accept our 2019 S coins from the Mint.
Will FEDEX /USPS just leave the package in our mailbox without a signature?
Thanks
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Valued Member
United States
102 Posts |
Yes I believe, I didn't have to sign for mine (UPS), left on doorstep
Edited by Velzee
11/20/2019 7:56 pm
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Pillar of the Community
United States
5641 Posts |
Fox, I too am glad your back, I hope all is well. Did you obtain one of these Beasts.?
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Bedrock of the Community
13014 Posts |
Quote:
Will FEDEX /USPS just leave the package in our mailbox without a signature? As far as they're concerned it's a $70 package so they should just leave it |
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Pillar of the Community
United States
1044 Posts |
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Will FEDEX /USPS just leave the package in our mailbox without a signature? Yup, and if it doesn't fit in the mailbox they'll more than likely leave it at your doorstep. |
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Pillar of the Community
United States
1044 Posts |
Quote:so there's at least one coin making its way back to the pot. && Probably already has, but ya never know. |
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Bedrock of the Community
13014 Posts |
Quote:Also, I don't believe there was the same magnitude of bulk submissions for the 2019-S ERP ASE as with previous ASEs due to its lower mintage and its limit of one coin per order. I understand what you are saying about the number of coins that are submitted but not graded, but that's not the question I was trying to answer. There's certainly going to be a greater number of collector submissions than usual for these, but the bulk submissions will still end up being significant in terms of the population percentages. Quote:The population reports of PCGS and NGC are often quoted to point out the scarcity or rarity of certain issues or grades. If the ASE series is reviewed, however, it will be seen that many of the issues show a high percentage of "70" coins. That perception is why I was pointing that out to disprove the notion that the percentages are so high. Many just look at the population report and may not realize why the percentages are what they show. There's also submission bias for ones submitted in small batches where the inferior are weeded out. The point was really just that the population percentages show a very different picture than the actual percentage would be if the entire mintage was submitted. Quote:
I realize that many collectors look for "perfect" coins and so go after those that achieve the "scarce" 70 grade, but, in many cases, 70s are less scarce than some realize. There's no ultra modern collector coin other than early ASEs that is scare in 70 by the truest sense of the term, but ultimately a major factor of the price is the percentage that are 70s. Some people are suggested they add a total number of coins looked at to the population report to give a better picture of this, but it probably wouldn't be feasible to go back and add it to the old ones |
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CCF Master Historian of USA Commemoratives
United States
12326 Posts |
@Foxwoods: I presented PCGS statistics for the West Point ERP ASE that was released earlier in the year as part of the "Pride of Two Nations" set not the new San Francisco version. That's why the numbers are what they are - they were taken directly from the PCGS web site. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Replies: 1,581 / Views: 148,946 |
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Posted 11/20/2019 5:58 pm
