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First Day - Last Day - Significance?

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Valued Member
larryt's Avatar
Canada
51 Posts
 Posted 08/14/2010  10:08 am Show Profile   Bookmark this topic Add larryt to your friends list Get a Link to this Message Number of Subscribers
In the 2011 edition of Charlton page 65 they have a listing for a 2005P cent with a description of 'First Day' and a 2006P with 'Last Day'. What do the terms 'First Day', 'Last Day' signify. Thanks

Larry
Valued Member
cdcoinman's Avatar
Canada
372 Posts
 Posted 08/15/2010  09:17 am  Show Profile   Bookmark this reply Add cdcoinman to your friends list Get a Link to this Reply
Here is my opinion on the subject.
The Mint added the term First Day to the first few thousands coins being minted using the newly installed dies for a given denomination.How many qualify for this attribution remains a mystery to me.The logic behind it is that the quality of these coins should be a bit superior to the coins minted afterward using the same dies and therefore command a small premium.
For exemple,if you collect small cents,your chance of getting a MS-67 should be greater searching these rolls than the regular ones.
I do not know of any last day issue.
Valued Member
Canada
168 Posts
 Posted 08/15/2010  10:51 am  Show Profile   Bookmark this reply Add laconic to your friends list Get a Link to this Reply
The mint puts 1st day and last day coins in a special package. Nothing more than a marketing scam in my opinion.
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