2006 Reverse Proofs - Page 2 - Coin Community Forum

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Author	Replies: 25 / Views: 2,514	Page: of 2

morganman Valued Member United States 397 Posts	Posted 10/18/2006 8:11 pm quote: Originally posted by Guido 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). The record HAS been set straight..... http://www.usmint.gov/consumer/inde...ion=HotItems See second paragraph MM Report this Post to the Staff
fastfords1 Valued Member United States 179 Posts	Posted 10/18/2006 10:42 pm Thanks for the link, Morganman, I've seen that info but still don't know how to make a link...I'm pretty much a ssslllooowww learner with these computers. To the subject, OldDan is right on target...folks, this "First Strike" business is a fabrication of the marketers. The USmint in the linked article Morganman posted stated that shipment of a coin bears no relationship to the order it was struck. Translated: the last coin shipped out of the mint is just as likely to be a Pr70 or MS70 as the first one shipped. In my humble opinion, the "added value" of these first strike labels will soon evaporate as collectors educate themselves. Report this Post to the Staff
Guido Valued Member United States 390 Posts	Posted 10/18/2006 11:56 pm quote: Originally posted by morganman quote: Originally posted by Guido 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). The record HAS been set straight..... http://www.usmint.gov/consumer/inde...ion=HotItems See second paragraph MM Thanks, MM! I seem to vaguely remember reading something about that, but now we have the definitive proof from the U.S. Mint itself. Boy, I hope they stick it to all those TPG's doing First Strikes! I'm even seeing 2001 first strike ASE's now! Report this Post to the Staff
RangerXLT8 Valued Member United States 208 Posts	Posted 10/19/2006 2:01 pm The 20th Anniversary ASE looks sharp. The reverse proof is nice, and the mint mark on the BU, I think will make it a more valuable coin. The price from the US Government mint is 100.00. I will probably buy one in the near future. Report this Post to the Staff
janknez Pillar of the Community United States 595 Posts	Posted 10/21/2006 09:38 am How exactly do they do a reverse proof? The proof coin is easy to figure out -- polish the planchet first. How do they polish the raised parts? (Devices, are they called?) Got my set last week, and yes, them coins is mighty nice. Report this Post to the Staff
Guido Valued Member United States 390 Posts	Posted 10/22/2006 12:31 am You are right. The reverse proof has the raised figures in shiny condition while the background is misty, just the opposite of a regular proof. I don't remember the correct names for each of these, but basically that's what it is. Report this Post to the Staff
Brissyboy Valued Member Australia 335 Posts	Posted 10/22/2006 02:21 am Is that what they call FRUNC, or is that just how they describe a similar process but for uncirculated coins? Report this Post to the Staff
Guido Valued Member United States 390 Posts	Posted 10/22/2006 6:03 pm Brissyboy, I don't think so. I looks like that is a term for Australian coins, and FRUNC is closer to uncirculated than proof, but the image is polished and the fields are frosted (like the reverse proof). Here is the definition of FRUNC, which sounds similar to a reverse proof except I think the proof is a higher quality. Very cool description of how the make the dies for the proof coins. FRUNC: http://www.ramint.gov.au/making_coins/proof.cfm Uncirculated: http://www.ramint.gov.au/making_coins/uncirc.cfm And Proof: http://www.ramint.gov.au/making_coins/proof.cfm Report this Post to the Staff
OldDan Pillar of the Community United States 1203 Posts	Posted 10/22/2006 6:53 pm Way back in 1955 when they issued the proof ASE with the W mint mark along with the gold coins, there may have been any number of people who were collecting ASE's and had a full set. After they issued the 95W there could have been a total of only 30,125 complete sets, as that is the number of coins sold. How we have the uncirculated ASE with the w mint mark and the reverse proof ASE being issued in special sets. How many complete sets would you estimate there are at this time? This should over time increase the value of complete sets, I would think. Report this Post to the Staff
USArmyParatrooper Pillar of the Community United States 1283 Posts	Posted 10/22/2006 7:25 pm EDIT: REPLY WENT TO WRONG THREAD. WEIRD BUG Edited by USArmyParatrooper 10/22/2006 7:27 pm Report this Post to the Staff
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