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 Replies: 12 / Views: 2,377 |
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New Member
Canada
34 Posts |
apologies if this has already been posted, but I can't find mention of it. ICCS coins listed as "First strike" from 2012 onwards, are these technically NBU/PL? or are they just business strikes from special rolls/early submissions?
In other words, if I crack a "first strike" coin out of an ICCS coin would I theoretically expect it to come back with no notes if I resubmitted it to ICCS? just a bit confused by the designation as I always thought it was a standard business strike.
thx for the input!
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Pillar of the Community
Canada
3733 Posts |
If you were to crack it out of the case it would just be the same as any other coin.. It is only first strike technically while it is in the original mint package.
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Pillar of the Community
Canada
5324 Posts |
So the coins in Winnipeg gets struck and falls into bulk bins, then when needed are taken to the riddler and wrapping dept., how can any knows they are first strikes ?
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New Member
Canada
14 Posts |
Yes I would also like to know how this works.
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Pillar of the Community
Canada
867 Posts |
I know with NGC, if they receive a coin within the first 30 days of being released, and you request the 'first strike' designation, pay the fee, you get it noted on the label.
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Pillar of the Community
United States
4233 Posts |
This is the first I've heard that ICCS designates a "first strike." They've been doing it since 2012? PCGS and NGC both designate it, and to me it's bogus. How is a coin issued on the 29th day of striking with the same die pair better than a coin struck on the 31st day right after they swapped in a new pair of dies?
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New Member
 Canada
34 Posts |
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Pillar of the Community
Canada
5324 Posts |
The six coins sold for less than certification costs, that should tell you something.
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New Member
Canada
34 Posts |
@John, I assume you're implying that the low price suggests that they are inferior to business strikes that, presumably, would sell for more. To me, it says more about confusion about what a 'first strike' is. If it is indeed a business strike, the designation certainly scared away bidders.
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Pillar of the Community
Canada
5324 Posts |
I am saying along with the auction results proves collectors don"t care much about the first strike label as it proves nothing like it"s first hundred, thousand, ten thousand, ect. Lets say it cost 10 dollar a coin for certifying a coin, the seller actually lost money on this sale
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New Member
Canada
34 Posts |
Agreed they may not care about the label. in fact the label might have caused the price to be lower. That brings me back to my original point: is it a separate strike or is it just a confusing label on an otherwise MS66 coin.
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Pillar of the Community
Canada
5324 Posts |
The coins in the flip is graded as is, just leave it alone, the value won"t change without the first strike label
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Moderator
 Canada
10456 Posts |
Quote:
is it a separate strike or is it just a confusing label on an otherwise MS66 coin. It is a normal business strike with nothing more than a gimmicky label. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Replies: 12 / Views: 2,377 |
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Posted 12/26/2022 4:32 pm
