Original, Unopened w/ Unbroken Cellophane Millennial Coinage

Wjpmill

Hello,

I really enjoy this forum and figured I'd state that as this is my first post. I recently received my membership and submitted 5 coins for grading. I must say that I am pleased with the level of service and the results of my submission, even if one ended up with a details grade due to damage. The value of the platinum membership is well worth the cost. Receiving the publications, Golf style shirt. Complementary Submission Vouchers, and the ability to receive admissions to shows for free is well worth it.

I have a question though regarding Submissions. I have an unopened unsealed United States Millennial Coinage and Currency set. I have others, but those have been opened before yet the coins are still in the packaging and have never been cut out or anything like that.

I'm looking for advice in regards to the following:

I do not mind paying for express shipping on the two dollar coins inside the unsealed, unopened and unadulterated Dollar Coinage set. I even am going to add the photograph upgrade for the two coins as well. I'm willing to declare that the two coins are perfect, regardless of odds and pay for return shipping that is 2.5 times greater than if the coin were MS69s.

I know that coin grading services are a business, and it doesn't seem proper to send in a coin on a voucher that is worth over potentially ten thousand and only having declared a value of the current market value of an ungraded set. I've been told to "just say it's worth 800 so your return shipping is not so expensive" and other bs like that.

The truth is that I have the privilege to have my coins graded and encased by PCGS, and ultimately I will make more money on them at the time of sale vs any other coin grading services labels. I have no issues paying PCGS what money's are due, and I'm not going to bs about values in order to cut costs. I may as well settle for a bs grade then or just use a different company.

Would you submit the above mentioned set without opening the original cellophane and leave that to the graders and pay the costs of the MS-70 values of the 2 Millennial Dollars, assuming they will grade at MS70, pay for the imaging upgrades, and pay for the more expensive shipping and insurance as well?

Or, on the other hand. Use two submission vouchers and deal are 200$ value, save money, and disregard the extra fees for the upgraded imaging? Common sense tells me that if I submit with honesty and integrity, that the appropriate grades and attributions will be given each time. If a company profits because my coins arrive back at my house undamaged, then they earned their money, and they make some money form shipping them.

I just want to do this right each time, and I would like to have my opened sets graded as well.

I hope this makes sense to those of you who read this and have experience with these sorts of things.

Thank you,

William.

JBK

?? I am all for honesty and integrity, but not for unnecessarily overpaying for services.

What are the populations on 69 vs 70? If the chances are excellent then sure go ahead and pay for higher values, but otherwise, you won't get higher grades just because you declared a higher value.

Also, what is the advantage to shipping sealed sets? I do not know the answer myself.....

Insider2

@JBK said:
?? I am all for honesty and integrity, but not for unnecessarily overpaying for services.

What are the populations on 69 vs 70? If the chances are excellent then sure go ahead and pay for higher values, but otherwise, you won't get higher grades just because you declared a higher value.

Also, what is the advantage to shipping sealed sets? I do not know the answer myself.....

When you send a sealed set, there is less chance of damage. Most importantly, some TPGS's require a set to be in the original package to assign "Early Strike" AND just as important to confirm that the coin was part of the set in cases where identical coins are offered singly.

JBK

@Insider2 said:
When you send a sealed set, there is less chance of damage. Most importantly, some TPGS's require a set to be in the original package to assign "Early Strike" AND just as important to confirm that the coin was part of the set in cases where identical coins are offered singly.

Thx, I was wondering that in the case of the millennial sets. I think his are out of the shipping box, so early release is not an issue, but if they need to still be shrink wrapped to get the millennial label then there is the answer.

Namvet69

Thanks I2 for your insight. Packaging can be provenance. Peace Roy

ricko

@Wjpmill....Welcome aboard.....Good questions.... If it were me, and I was confident in my assessment of the coins, I would go ahead and pay the fees. It will not ensure any specific results, but you are covered best case. Cheers, RickO

Wjpmill

Thanks for your input everyone. Yes, I don't want to over pay and paying more is not going to get me a higher grade, but it will provide a faster turn around time.

I have several sets I've purchased that we're already opened, and one that is still sealed by the mint. So from reading the feedback, no Millennial Attribution on the label if the set has been opened for viewing? I suppose I can have those eagles graded as regular 2000's if I believe they would make the grade. It's strictly the Millennial Attribution I'm after.

As far as the Sacagawea coins from the sets, at least those have a special finish and shouldn't be an issue, I hope. Ill call in the morning and find out for certain in regards to these things.

Thanks,

William.

djm

Don't get your hopes up with these, PCGS has only graded 1 of the Sac $ in MS69 and 1 in MS70. They are being very tight with grades at the current time.

Wjpmill

@djm I am aware of the rarity of top tier Sacagaweas across the board, and I like that. Maybe it will help the Goodacre family continued to put her grandchildren through college and what not in regards to the coins the family still have in possession that were received as payment initially. I'm definitely not implying that are running short by any means. The rarity of the MS-70 Eagles is a noticeably scarce as well from the Millennium Coinage and Currency Set as well.

My partner is Navajo. I wonder if she would got to the Medicine Man and see if he'll spread corn powder or something like that. I appreciate the dialogue as well.

JBK

Pls post the results etc. to let us know how it all went down..

Wjpmill

PCGS Coin Facts states "PCGS will only assign a coins from The Millennium designation in original sealed Mint packaging." as was previous mentioned......... No designation if Cellophane is opened.

I will post photos of my next 4 submissions here .

Thanks again.

JBK

@Wjpmill said:
PCGS Coin Facts states "PCGS will only assign a coins from The Millennium designation in original sealed Mint packaging." as was previous mentioned......... No designation if Cellophane is opened.

I will post photos of my next 4 submissions here .

Thanks again.

Very interesting. But does "sealed" mean the cardboard holder or the shrink wrap?

I have only one of these sets that I opened when I got it.....

Wjpmill

Sealed in cellophane.

So I called customer service today and I was told that it needed to be in the actual "shipping Packaging?" which makes no sense because I'm not getting first strike. You might have been getting something confused but did verify that yes if you want to Millennial designation on a silver eagle from that set it has to be in the unopened cellophane Packaging. basically to sum it up he said that way they can verify that it came from the set.

I don't want to call again and say hey can you clarify something that I just tried to clarify because I had it clarified before....... you get what I mean. I did submit a coin today, a 2000-D Sacagawea from the Millennial set, and Common Sense tells me that because the Sacagawea dollars from this particular set have a certain unique finish, therefore it shouldn't matter if the coin was physically removed from the packaging by PCGS because these are the only dollars with that particular finish. Is this the correct avenue of thought?

BackroadJunkie

@Wjpmill said:
Sealed in cellophane.

So I called customer service today and I was told that it needed to be in the actual "shipping Packaging?" which makes no sense because I'm not getting first strike. You might have been getting something confused but did verify that yes if you want to Millennial designation on a silver eagle from that set it has to be in the unopened cellophane Packaging. basically to sum it up he said that way they can verify that it came from the set.

I don't want to call again and say hey can you clarify something that I just tried to clarify because I had it clarified before....... you get what I mean. I did submit a coin today, a 2000-D Sacagawea from the Millennial set, and Common Sense tells me that because the Sacagawea dollars from this particular set have a certain unique finish, therefore it shouldn't matter if the coin was physically removed from the packaging by PCGS because these are the only dollars with that particular finish. Is this the correct avenue of thought?

It has nothing to do with first strike. The Sacabuck is distinguishable from others struck that year due to the burnished finish and should get a label, but the ASE can be removed/replaced, and unless it's in an untampered, original mint shipping container, they won't certify the ASE as coming from the Millennial set. (The lens holding the coins in the set are easily opened.)

I found this out the hard way with my 2006 20th Anniversary sets. This is before I became familiar with how stuff works with TPG's. I could get the 20th labels for the reverse proofs, but not the accompanying ASE/AGE's. sniff...

Wjpmill

@BackroadJunkie-I have been learning the hard way as of late, and actually this fourm is actually worthwhile for me to engage in, as being able talk about mistakes out in the open helps me understand what did or potentially could do wrong.

With that being said this is what I did- I have a friend who is starting to get into Numismatics and he owns 2 or 3 Silver Eagles. As I mentioned before in this thread, my partner who I love with is Native American. I picked up the 2014-2016 Native Coin and Dollar sets. She is Navajo and the Code Talker Coin was enjoyable for her to have, plus we are both Veterans.

I was speaking to my friend on the phone. He mentioned valuable Eagles and as an uneducated buyer and submitter, I made the mistake of looking up the 2000 Millennial Coinage, PCGS graded, from the price guide for resale purposes. Mistake- I dove in head first. The numbers for both the Sac$ and the Silver Eagels outta the set are sky high, so I jumped in while having only one submission number under my belt. I bought a few sets, even one that had the still sealed original cellophane. My dumba$$ figured I'd send in the high grade coins from the sets and get the lable. With that lable would come alot of money, which is true, but it was money I paid out , not money I'd make.

So yeah, I learned that in order to get the millennial tag that the set has to be in the original Shipping box that came from the mint unopened. That makes sense to me if I was getting a first-strike designation or seeking one, yeah initially it didn't make any sense considering that someone at PCGS would just be able to pop out the coin in the holder. I figured I'd be able to see if there was tampering with the mint Packaging and it would just give me the designation on the holder. But then thinking about it shoot, anyone can reseal cellophane or put new stuff on there, it wouldn't be difficult to pop one of those coins out of the decorative paper packaging or replace the coins in their plastic holders.

So I rushed into buying some of these sets because I thought I'd be able to make money real quick I reselling them if they were in PCGS holders. I know the odds of getting a high grade Sacagawea from the set is extremely difficult, has the odds are just as high of not getting the grade I desired as me not doing my research first and having to learn a hard lesson.

Glad this happened now as I've only got about a year under my belt when it comes to collecting coins, selling them online and everything else coin related. I could have lost BIG monetarily if it would have worked and I sought out something else to capitalize on.

I'm glad that PCGS has a standard of having to remove these coins from the original shipping box and then open the package that within it. It really does protect the consumer from getting bogus merchandise, in PCGS has to put their name on the coins that are in their holders so they have a reputation to uphold as well.

I am looking for one of these sets in a original unopened US Mint shipping box and will find one someday I hope, and then maybe if I'm extremely lucky, both coins grade MS70 and could actually be able to find someone whose pay that amount of money for them.

Thanks for reading about my experience here. I did send in a Sacagawea from a set yesterday, and it probably jumped the gun as far as taking my time to choose which one I was going to send in for submission. I guess we live and we learn.

ElKevvo

Good thread with some good discussion, thanks for posting it. Please post your results when you get them! FYI I highly doubt that there is a single member on the forum who has not had some 'learning experiences'! I have had plenty

Welcome to the forum!

K

Wjpmill

Hey, good news. I received an email today from PCGS Customer Service.....

Good Morning Mr. Miller,

After discussing this information with our operations team, you may receive the “set designation” for the American Silver Eagle as long as it is submitted to PCGS in the original Mint packaging. It would not need to be in the original unopened shipping box from the Mint.

I sincerely apologize for the inconvenience it may have caused.

Wow, I got up today to find this within my inbox. Nice to know that customer service takes the time to educate themselves instead of leave questions unanswered. That says a lot about PCGS as you can really learn about a company when dealing with customer service. Their true colors seem to come through as they are the only individuals that are employed with them that I've ever had a chance to deal with.

JBK

Great news!

Wjpmill

@JBK What a nail biter this will be. I am just glad to be able to have with the Unique Labels. Do you want the dollar bill? I don't collect them separately and have others from these sets. As a matter of fact, I submitted something this past Monday, was exactly 2 bucks short on my money order and threw in two of them to make up the difference, with a lable stating they were for payment of course.

Any advice on a couple of other unique US Mint released sets I may want to look for for the same reasons? You know what I mean.