Pay Extra $18 Per Coin For First Strike Designation On ATB?

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Author	Replies: 5 / Views: 1,372
SilverFossil64 Valued Member United States 183 Posts	Posted 04/29/2011 7:06 pm Poll Question I sent off several sets to PCGS and was planning on not paying an extra $18 per coin for first strike designation since these 2010 ATB 5 Oz coins are all "First Strike." I received an email from PCGS saying my order is on hold until I reply if I want to add FS or not for the $18 per coin. I attempted to do some ebay research to determine if people are paying at least $18 extra on coins with the designation vs. those without, however, it seems about 90% of the coins are FS on ebay. I adjusted my approach to look at the few coins without FS to see if they sold for a discount, and am not feeling there is a large enough sample for a good answer. From a marketing perspective, the label on FS has an american flag which may add appeal to some potential buyers even if it does not add any "real" value to the coin. Should I accept PCGS offer to add FS for $18 extra per coin? Explanations of reasoning or analysis appreciated. Poll Choices Yes No It depends -- post explanation Report this Post to the Staff

Bullnuke Valued Member United States 184 Posts	Posted 04/29/2011 8:12 pm I personnally wouldn't pay a premium for any first strike designation. As you mentioned pretty much all the 5 ozers are first strike but additionally it is my understanding that the term "first strike is an arbitrary term used by TPGs/dealers to entice unsuspecting buyers as the mint readily admits it has no idea which coins came off the press first or last for a particular die. Kie Report this Post to the Staff
jokingjoker Pillar of the Community United States 2150 Posts	Posted 04/29/2011 8:33 pm I got the same Email. I opted to add the FS designation. I think it will pay off in the long run. People are going to want a matched set and like you said 90% on ebay have the designatio. Report this Post to the Staff
acloco Pillar of the Community United States 3540 Posts	Posted 04/29/2011 9:01 pm Keep your mint receipt....better than a designation from a TPG. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 04/29/2011 11:49 pm I assume you are selling these? If not selling, then there is no reason to add FS. Even if you are selling I wouldn't pay it. First Strike was instituted for coins released in the first 30 days of sales. Since all these are eligible? I can't see the value of adding $90 in grading fees and only "hoping" to get it back on a sale. If a future owner wants to have them reslabbed with FS, let them pay for it, it's always available. ANA #R3154474 Report this Post to the Staff
SilverFossil64 Valued Member United States 183 Posts	Posted 04/30/2011 12:14 am My plan is to make the best set I can to keep out of the several orders I was able to get, then sell off the others when I see a good opportunity. Report this Post to the Staff
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