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 Replies: 25 / Views: 2,512 |
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Pillar of the Community
United States
1203 Posts |
According to Becky Bailey, director of the Mint's Office of Public Affairs, they do not plan on producing the 2006 Reverse Proof coins contained in the 20th. Anniversary sets. The reverse proof coins will be available only in the three-coin 20th Anniversary sets. The three coin silver set will conatin 1-ounce versions of the Proof, Uncirculated and Reverse Proof American Eagle coins. They will all be struck at the West Point Mint and carry the 'W' mint mark. Or at least that is the way it is at this time.  |
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Valued Member
United States
85 Posts |
What exactly is a Reverse Proof Coin. Does anyone have any Actual Photos?
Eric
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Valued Member
United States
390 Posts |
Eric, First off, welcome to the forum. I think you'll like it here. Lots of good info and helpful people here. The reverse proof is where the raised portions of the coin (lady liberty) is a proof luster. The background is not. This is just the opposite of a regular proof where the background is shiny and the raise portions are not shiny. Better yet, here are two pictures from ebay that show the difference: Regular Proof: Image:  2006 Regular Proof.jpg38.29 KB Reverse Proof: Image: 2006 Reverse Proof.jpg56.57 KB |
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Valued Member
United States
470 Posts |
Clarification:
The 1oz. Silver Reverse Proof was not minted at West Point and does not carry the "W" mint mark. It was minted in Philly and carries a "P" mint mark.
And boy is it a purdy one.
My sets arrived last Friday ...wooo hoooo!
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Pillar of the Community
 United States
1203 Posts |
quote:
Originally posted by Andrew289
Clarification:
The 1oz. Silver Reverse Proof was not minted at West Point and does not carry the "W" mint mark. It was minted in Philly and carries a "P" mint mark.
You are absolutely right Andrew, as I didn't know this until my set arrived in the mail. Quite surprised to find a 'P' on the coin. Should have read the fine print, I guess. The Proof Eagle in no more or no less than the regular Proof Eagle. The uncirculated Eagle is exactly like any other uncirculated Eagle except that it has 'w' mint mark. Looks strange with a mint mark, but definately sets it apart from the run-of-the-mill uncirculated Eagle. The Reverse Proof Eagle is the gem of the set. It is everything they said it would be and then some. Wow! What a coin, like Andrew said 'it's so purdy'!  |
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Valued Member
United States
84 Posts |
I saw these on ebay selling for a nice premium and not even sold out at the mint... Do you think it is wrong for ebay coin sellers to over price this set? Or are people just crazy and pay a heavy premium on something they can purchase themselves if they did the research... |
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Pillar of the Community
Belgium
2078 Posts |
I see this on ebay Germany all the time People paying way over price for Buffaloos or whatever whilst the self same vendor is asking 10% less in his ebay shop If people cannot bother to take the time to look at prices it is allright they pay too much  |
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Pillar of the Community
United States
1203 Posts |
quote:
Originally posted by kg2blade
Or are people just crazy and pay a heavy premium on something they can purchase themselves if they did the research...
You heard it here first! And yes, you are right on all acounts. |
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Bedrock of the Community
United States
20753 Posts |
There is that first strike wording again. I just have to wonder WHO was there to see if a coin is first strike. How would a grading service know if it was a first strike, second, third or hundredth. That first stike thing really bothers me regarless of reverse proof or not.
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Pillar of the Community
United States
1203 Posts |
quote:
Originally posted by just carl
That first stike thing really bothers me regarless of reverse proof or not.
Why let it bother you carl? Just ignore it, as it has no real meaning other than hype. Just don't go and pay extra money for something that doesn't really exist. You are the one who controls the situation. |
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Valued Member
United States
84 Posts |
With only 10,000 reverse proof minted (gold) they ALL should be first strike regardless of label
the silver set might be a different story with 250,000 minted if you care about it...if it is that important you...if you think the words First Strike worth every penny for each letter...then do it,
I did with the buffalos and after reading a couple thread afterwards realize it was not as important as I made myself to believe...but I do have a first strike buffalo coin.
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Valued Member
United States
179 Posts |
There is a thread here which solidly proves "First Strike" is a fiction, just a ploy by marketing guys to pad their pockets.
Having said that, I haven't received the silver yet, but the gold reverse proof is absolutely spectacular.
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Valued Member
United States
390 Posts |
I guess the "First Strike" label is supposed to be for only those coins delivered from the mint within the first 30 days, and you have to have confirmation of this and send in the box from the mint unopened to get it. I think that is the guidelines I read, anyways.
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Valued Member
United States
208 Posts |
quote:
Originally posted by Guido
I guess the "First Strike" label is supposed to be for only those coins delivered from the mint within the first 30 days, and you have to have confirmation of this and send in the box from the mint unopened to get it. I think that is the guidelines I read, anyways.
That is how I understood it when reading about 2006 Buffalo First Strikes. I Picked up a NGC MS-69 2006 Buffalo First Strike. Very beautiful coin. |
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Pillar of the Community
United States
1203 Posts |
quote:
Originally posted by Guido
I guess the "First Strike" label is supposed to be for only those coins delivered from the mint within the first 30 days.
That is only part of the reason, and a small part at that! The bigger reason is to fleese some deep pocket collectors out of more of that green stuff that is required to have such a thing. It's known as EGO and can cost you a lot of money.  |
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Valued Member
United States
390 Posts |
No arguments on that one, OldDan. It is kind of hard to imagine why a coin considered "First Strike", which is within the first 30 days of shipment would be that much different from the rest of the coins produced (who knows how many coins are produced and then shipped within that first 30 days. There is a lot of room for cheating it seems). Perception is what it's all about, and the perceived value of a "First Strike" is higher now, until someone or something sets things straight (if that happens, anyways).  |
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Replies: 25 / Views: 2,512 |
Posted 10/16/2006 12:17 am
2006 Regular Proof.jpg
2006 Reverse Proof.jpg
