| Author |
 Replies: 25 / Views: 3,924 |
|
New Member
United States
11 Posts |
Hello everyone.
Whats everyone's opinion on these going foward in terms of premium over the WP minted ones? Trying to decide if the are worth paying a small premium for.
Seems to me its a huge coup between the grading cos. and the Mint given there is no "S" mint mark and once teh box is open being slabbed is teh only way to know.
|
|
|
|
Bedrock of the Community
United States
12437 Posts |
Zero premium, they are the exact same coins and neither have a mintmark. Unless you purchase an entire sealed monster box, there is no way to know the source.
|
|
Bedrock of the Community
United States
14454 Posts |
I agree, there are no difference to differentiate the two. The only way to ever tell what mint they came from is if the original purchaser sends the whole 500 coin box still sealed to a TPG to have them slabbed as being minted from the San Francisco mint. Unless there are some varieties that are found sometime later (which I really doubt) there will be no difference in price since they are exactly like their WP counterparts |
|
New Member
 United States
11 Posts |
Agree.
Based on this same logic there is no real premium for a "First Strike" or "Eraly Release" slab.
Somehwat new to the hobby (well if you don't kind 20 years ago when I was a kid) and am sure this has been discussed in volumes here before, but seems like the TPGs want the slab to become the value rather than the coin itself.
|
|
Rest in Peace
United States
9104 Posts |
webartle-
you hit it on the head. What's the difference between $1000 ms69 and $10,000 ms70? $9000 of plastic.
|
|
Pillar of the Community
United States
4901 Posts |
Quote:
you hit it on the head. What's the difference between $1000 ms69 and $10,000 ms70? $9000 of plastic. You forgot the 90 $100 bills that go with the plastic |
|
Bedrock of the Community
United States
17884 Posts |
I wonder. Why aren't they also slabbing 2011 (W) ASE's from Monster boxes that aren't from San Francisco? |
|
Valued Member
United States
390 Posts |
I guess the real question would be how do you know the population of the San Francisco minted coins, other than those dealers (or rich people) who bought the whole contaniner and shipped them to a TPG. So based on scarcity, wouldn't that create a premium on the ones that can be identified as minted in SF? Just wondering out loud. If NGC and PCGS come out with thei population numbers based on what they graded, those would be the only coins that could be verified coming from the SF mint (I guess ANAC and ICG could do this as well). So, if you only have a few thousand graded, what value do you put on them, and are they really that rare? Seems like a very strange situation and one that would be hard to place a value on. Has any of our coin dealers on here weighed in on this? |
|
Rest in Peace
United States
9104 Posts |
The whole idea of slobbing them is to create a mintge scarcity. As more boxes are slobbed, the "mintage" will go up and the price down.
|
|
Pillar of the Community
United States
4541 Posts |
IMO its all just a money making scheme. If it does not have a mint mark you assume it came from WP. Why not put a MM on the coins and sell them. I would not pay any extra for a SanFran coin than I would a West point
|
|
New Member
Korea, Republic Of
20 Posts |
I somewhat agree with a few comments. Early Release slabs vs Regular slabs. Well that's when you get into particulars and serious collectors. I have noticed that Early releases show crisper and more detailed lines than a regular slab. Now however I do not agree with the way they are graded. Submitted by XX day to be considered. A few years ago the mint would put a certificate in the box when you ordered and that had to accompany the coins to be considered early release. This guarantees that the coin was one of the first 1,000 or so minted on each die. Now since coins are produced months ahead of release saying they made it to the grader within 90 days of release doesn't mean that the coin was one of the first produced on the die simply it was there by a specific day. As for grades again it separates the serious collectors who want the best coin possible from a collector who is willing to have a lower coin just to complete a collection. It all depends on the person and your aggression towards collecting. Any Thoughts?
|
|
New Member
Korea, Republic Of
20 Posts |
News Update NGC is slabbing San Franscisco Mint coins. They must be either certified as BU in tubes, or shipped in as sealed monsterboxes.
|
|
Pillar of the Community
United States
584 Posts |
Conder101 Once again your post, gives me much enjoyment.
|
|
Bedrock of the Community
United States
17884 Posts |
It has been pointed out to me that they ARE now slabbing the 2011-(W) coins as well Hooray! Now if you want all of them you will need a 2011 bullion, a 2011-(S), a 2011-(W), a 2011-W proof and then later this year you'll need the special 25th anniversary labeled 2011 bullion, the 2011-S burnished, the 2011-W burnished, the 2011-W proof, and the 2011-(?) reverse proof! Only NINE COINS! (four of which are only identifiable because of their special labels. Do we collect coins or labels, I forget?)
|
|
Pillar of the Community
United States
6326 Posts |
" Reverse Proof" ....  Is that a joke example or is there really going to be one ? I only collect the Proof ASE's......and I don't collect any slabs by ANY TPG, so all that other stuff is unappealing to me..... but I would raise an eyebrow to a Reverse Proof though ! I missed the first one.........don't wanna miss another opportunity (if there is one) ! Edited by eaglefoot
08/26/2011 11:16 am
|
|
Valued Member
United States
162 Posts |
|
| |
Replies: 25 / Views: 3,924 |
Posted 06/23/2011 4:07 pm
