@goldman86 said:
Hey Guys don't make fun of my listing. I put it up at an aspirational price because I wanted to get some feedback on the pictures before I auctioned it. Anyone want to comment on the actual coin as opposed to the price/label.
Making fun was not the intent.
Great pictures !!! Good luck with your listing.
@Tetromibi said:
My grades on my first 8 (sent sans rocketship) posted. All 67's and 68's with NO PL designation. So the only way to get the designation is to send in the rocket.
Good thing we had an insider to pass along the PL information...otherwise all of mine would have gone without the rocket.
Was there even a formal announcement about it?
Well, I did send a few Rocketship sets intact thru the modern service..
grades posted. No PL designation however they are labeled Rocketship set First Strike
Guess I have the only few Non PL Kennedy's produced and inserted into the rocketship sets.
NOT !!!!!! Absolutely @#%*&^%% &$
I believe PCGS will start incorporating the PL designation on most, if not all, Mint State coins later this year. A massive project (getting a ton of new coin numbers set up). That is why I said they “will start”. The goal is to recognize them for what they are. Now, I am telling you what I believe to be the case, not issuing a 100% guarantee it will happen. Just a “heads up” to those who care.
Wondercoin.
Thanks!
Joe
would love to see my 2018 p and d ms67's get the PL attribute
@Tetromibi said:
My grades on my first 8 (sent sans rocketship) posted. All 67's and 68's with NO PL designation. So the only way to get the designation is to send in the rocket.
Good thing we had an insider to pass along the PL information...otherwise all of mine would have gone without the rocket.
Was there even a formal announcement about it?
Well, I did send a few Rocketship sets intact thru the modern service..
grades posted. No PL designation however they are labeled Rocketship set First Strike
Guess I have the only few Non PL Kennedy's produced and inserted into the rocketship sets.
NOT !!!!!! Absolutely @#%*&^%% &$
understand your pain> @jmlanzaf said:
would love to see my 2018 p and d ms67's get the PL attribute
Many of the last 2 years mint set coins are worthy of the PL desigation.
@jabba said:
And I remember when 10 or so pages ago people thigh this thing was a joke
My two best are being worked on I hope 69PL are in my future
'Nothing Special'
What I seem to remember...
Yup. And as far as we know, still nothing special. If PCGS slabs Mint Sets with PL designation, 67 and 68 PL coins aren't going to be worth the slabbing fee.
I have some D's from the 2014 Unc Clad Set (High Relief K14) that are more PL than these Rocket D's. If anyone ordered those K14 Sets at the beginning and at the end of the print run, I'm curious if you saw the same difference I saw -- the batches of coins at the end of the print run were extremely PL (more so on the D coin, not so much the P). I submitted it to NGC with comments to consider it for PL, but they ignored me (I did get the SP69 on it, so that was good). If they start reconsideration for PL, I will definitely resubmit some of those 2014's...
@DotStore said:
I have some D's from the 2014 Unc Clad Set (High Relief K14) that are more PL than these Rocket D's. If anyone ordered those K14 Sets at the beginning and at the end of the print run, I'm curious if you saw the same difference I saw -- the batches of coins at the end of the print run were extremely PL (more so on the D coin, not so much the P). I submitted it to NGC with comments to consider it for PL, but they ignored me (I did get the SP69 on it, so that was good). If they start reconsideration for PL, I will definitely resubmit some of those 2014's...
If @wondercoin is correct that PCGS will be going towards PL designation, they will make a small fortune off resubmission fees. I think it would be a good move for all involved and possibly breathe a bit of extra life into moderns.
@DotStore said:
I have some D's from the 2014 Unc Clad Set (High Relief K14) that are more PL than these Rocket D's. If anyone ordered those K14 Sets at the beginning and at the end of the print run, I'm curious if you saw the same difference I saw -- the batches of coins at the end of the print run were extremely PL (more so on the D coin, not so much the P). I submitted it to NGC with comments to consider it for PL, but they ignored me (I did get the SP69 on it, so that was good). If they start reconsideration for PL, I will definitely resubmit some of those 2014's...
How would you know what constitutes the "end of the print run"? You can't really know anything but "end of the shipping".
@7over8 said:
Does anyone have a confirmed cutoff date for FS? Release date was 2/28–usually it’s 30 days from first receipt, I would expect that to be today 3/29?
Good question mine were finally receipted 3-26 which is only a few days before the cut off date. That is cutting it to close especially since it’s been in their building for 7 days. But I made it.
What ever the day is it’s only hours away. I think it may of been posted a few pages back but not absolute on that one.
They use postmark date on your mailed package
Doesn’t have to be there or opened by them by cutoff
But we need a definitive of what is that cutoff date? I would assume 3/30 since only 28 days in feb
The PCGS First Strike program designates coins issued in the first 30 days of the Mint's release. This designation not only adds value to modern coins, but takes modern coin collecting to another level with multiple Mint releases each year.
The package mailed to PCGS has a postmark date prior to the PCGS cutoff date for that particular coin/issue. Only the coins need to be mailed to PCGS and received within the first 30 days of issue.
Or
Submit the coins in the original unopened shipping box from the U.S. Mint with a postmark date prior to the specified PCGS cutoff date.
@DotStore said:
I have some D's from the 2014 Unc Clad Set (High Relief K14) that are more PL than these Rocket D's. If anyone ordered those K14 Sets at the beginning and at the end of the print run, I'm curious if you saw the same difference I saw -- the batches of coins at the end of the print run were extremely PL (more so on the D coin, not so much the P). I submitted it to NGC with comments to consider it for PL, but they ignored me (I did get the SP69 on it, so that was good). If they start reconsideration for PL, I will definitely resubmit some of those 2014's...
How would you know what constitutes the "end of the print run"? You can't really know anything but "end of the shipping".
I agree 100%. I misspoke because I can't really know for sure when the coins were minted. I was only going by my experience on several orders (I would get 10/20 at a time via the site while they were available). Then I started to notice the quality was changing to PL later in the year (Octoberish). But as additional information I was able to get sets from about 10 different boxes that the US Mint shipped to the Philly Store (my son picked them up for me on different occasions, and he always noted the STAMP DATE on the Box). They were packed 40 sets per box. My observation after getting about 10 sets from about 10 different boxes (total 100 sets) with those Stamp Dates -- the boxes they had with stamp dates AFTER about October 1st had the PL coins. The boxes they had with stamp dates prior had the normal finish (not PL). But I agree - I can't tell if the US MINT Stamp Date on the boxes is a true indicator of when the coins inside the box were minted. I have one of those Shipping Boxes as my son asked if he could take the box since he bought the last 10 sets from that batch... I think the date stamped on the box is October 10th and those sets had the PL Coins. This is just in my experience -- wish I could show you the difference in the finish -- they really are more PL than these Rocketship D's...
@DotStore said:
I have some D's from the 2014 Unc Clad Set (High Relief K14) that are more PL than these Rocket D's. If anyone ordered those K14 Sets at the beginning and at the end of the print run, I'm curious if you saw the same difference I saw -- the batches of coins at the end of the print run were extremely PL (more so on the D coin, not so much the P). I submitted it to NGC with comments to consider it for PL, but they ignored me (I did get the SP69 on it, so that was good). If they start reconsideration for PL, I will definitely resubmit some of those 2014's...
How would you know what constitutes the "end of the print run"? You can't really know anything but "end of the shipping".
I agree 100%. I misspoke because I can't really know for sure when the coins were minted. I was only going by my experience on several orders (I would get 10/20 at a time via the site while they were available). Then I started to notice the quality was changing to PL later in the year (Octoberish). But as additional information I was able to get sets from about 10 different boxes that the US Mint shipped to the Philly Store (my son picked them up for me on different occasions, and he always noted the STAMP DATE on the Box). They were packed 40 sets per box. My observation after getting about 10 sets from about 10 different boxes (total 100 sets) with those Stamp Dates -- the boxes they had with stamp dates AFTER about October 1st had the PL coins. The boxes they had with stamp dates prior had the normal finish (not PL). But I agree - I can't tell if the US MINT Stamp Date on the boxes is a true indicator of when the coins inside the box were minted. I have one of those Shipping Boxes as my son asked if he could take the box since he bought the last 10 sets from that batch... I think the date stamped on the box is October 10th and those sets had the PL Coins. This is just in my experience -- wish I could show you the difference in the finish -- they really are more PL than these Rocketship D's...
We've discussed this elsewhere on the boards. It is quite possible that last date of shipping is first date of striking. Depends on how they stack the boxes. Although it is different for commerce coins than limited edition commems.
many companies use the "LIFO" system of inventory control. LIFO stands for Last (made) In, First Out(shipped).
Others use the "FIFO" system which is First (made) In, First Out (shipped). So it seems that the mint uses the LIFO system. Maybe @Wondercoin could get this info on his next pick-up.
@DotStore said:
I have some D's from the 2014 Unc Clad Set (High Relief K14) that are more PL than these Rocket D's. If anyone ordered those K14 Sets at the beginning and at the end of the print run, I'm curious if you saw the same difference I saw -- the batches of coins at the end of the print run were extremely PL (more so on the D coin, not so much the P). I submitted it to NGC with comments to consider it for PL, but they ignored me (I did get the SP69 on it, so that was good). If they start reconsideration for PL, I will definitely resubmit some of those 2014's...
How would you know what constitutes the "end of the print run"? You can't really know anything but "end of the shipping".
I agree 100%. I misspoke because I can't really know for sure when the coins were minted. I was only going by my experience on several orders (I would get 10/20 at a time via the site while they were available). Then I started to notice the quality was changing to PL later in the year (Octoberish). But as additional information I was able to get sets from about 10 different boxes that the US Mint shipped to the Philly Store (my son picked them up for me on different occasions, and he always noted the STAMP DATE on the Box). They were packed 40 sets per box. My observation after getting about 10 sets from about 10 different boxes (total 100 sets) with those Stamp Dates -- the boxes they had with stamp dates AFTER about October 1st had the PL coins. The boxes they had with stamp dates prior had the normal finish (not PL). But I agree - I can't tell if the US MINT Stamp Date on the boxes is a true indicator of when the coins inside the box were minted. I have one of those Shipping Boxes as my son asked if he could take the box since he bought the last 10 sets from that batch... I think the date stamped on the box is October 10th and those sets had the PL Coins. This is just in my experience -- wish I could show you the difference in the finish -- they really are more PL than these Rocketship D's...
We've discussed this elsewhere on the boards. It is quite possible that last date of shipping is first date of striking. Depends on how they stack the boxes. Although it is different for commerce coins than limited edition commems.
If LIFO is in place, then the irony of it all considering the "First Strike" labels...
In my opinion,
as someone else has stated in earlier posts: FDOI, FS are marketing strategies. I found that hard to believe but now with my reviewing more and more comments here, it seems true. If the mint sends the last coins struck out first or the first coins struck last, PCGS doesn't know. It relies on the package date and receipt of the original mailing out to the buyer. Bulk buyers can only get the FDOI attribute. First strike attributes must be received in the first 30 days of distribution.
Food for thought:
If the mint has a limited production run of 50,000 coins and they produce them all in 1 day, are they not deserving of the FDOI and the First Strike attributes. God, I just created a new label. LOL
@WAYNEAS said:
In my opinion,
as someone else has stated in earlier posts: FDOI, FS are marketing strategies. I found that hard to believe but now with my reviewing more and more comments here, it seems true. If the mint sends the last coins struck out first or the first coins struck last, PCGS doesn't know. It relies on the package date and receipt of the original mailing out to the buyer. Bulk buyers can only get the FDOI attribute. First strike attributes must be received in the first 30 days of distribution.
Food for thought:
If the mint has a limited production run of 50,000 coins and they produce them all in 1 day, are they not deserving of the FDOI and the First Strike attributes. God, I just created a new label. LOL
Welcome to the party! LOL
There are a number of great threads discussing the designations.
Another fun FS fact: since sealed boxes will be accepted years later and some board members actually stack sealed boxes, the population of FS is NOT fixed or known for any of these coins!!! So, even if you had the only FS 70 PL now, 5 more could pop up next year!
@WAYNEAS said:
In my opinion,
as someone else has stated in earlier posts: FDOI, FS are marketing strategies. I found that hard to believe but now with my reviewing more and more comments here, it seems true. If the mint sends the last coins struck out first or the first coins struck last, PCGS doesn't know. It relies on the package date and receipt of the original mailing out to the buyer. Bulk buyers can only get the FDOI attribute. First strike attributes must be received in the first 30 days of distribution.
Food for thought:
If the mint has a limited production run of 50,000 coins and they produce them all in 1 day, are they not deserving of the FDOI and the First Strike attributes. God, I just created a new label. LOL
Welcome to the party! LOL
There are a number of great threads discussing the designations.
Another fun FS fact: since sealed boxes will be accepted years later and some board members actually stack sealed boxes, the population of FS is NOT fixed or known for any of these coins!!! So, even if you had the only FS 70 PL now, 5 more could pop up next year!
and that is why I am not buying one now. I have coins in the highest grade available but I did not buy them in the middle of a feeding frenzy. What is going currently for say $1200.00 now, may be worth $2000.00 by the end of the year or it might be worth $20.00 next year. It is a crap shoot. My registry sets are always in the upgrade mode and that is the fun for me to locate a coin I need. I do not need to fill my registry set with a 2019 d rocket Kennedy in ms70pl. It can be filled with a 2019 d Kennedy in a circulation strike in ms 70. My pockets do not run deep but I do have two of them, lol. When I bid on coins, I already know what my max bid is and cap it at that. If I am out bid, c'est la vie ( that is life). If I win, hooray for me.
Thank you for the welcome. I have really enjoyed commenting in this post. I am always in the learn mode.
And maybe this is the wrong thread for this, but given the production issues with the 5 oz pucks, even the 30,000 or so that would be FS eligible and any of the FDOI eligible coins could have been struck at anytime over the 3 weeks they were striking!!! So, your FDOI coin could have been shipped on the 1st day of shipping but struck on the 20th day of striking. And your 1st strike coin was possibly struck on the 20th and final day of the initial striking. In theory, this makes the postmark on the box worth MONEY!!!
If you want an even funnier misnomer. Technically speaking, if you got the LAST strike from a cracked die just before it fell to pieces, it would get an FS label as long as it was shipped to you within 30 days!
With the stamp market in the toilet, the most valuable used stamp might be a date on a U.S. Mint shipping box!
@DotStore said:
Assuming they show up again, what are the chances they are customer returns? Has anyone bought and opened any after the initial "Currently Unavailable" Status that happened on March 10th (Sunday evening)? Were they high-quality or did they appear to be repackaged returns?
Zero. They don't sell customer returns
I can't find it, but I recall reading an article with a US Mint Official. Question on Returns (and what happens to the coins that are returned), and I recall that person said something like they inspect the merchandise and will resell the items that pass their quality inspection...
Also, from an Article posted at a well known site titled Excessive returns prompt U.S. Mint officials to change return policy
In 2016, the Mint offered the 2016-W Winged Liberty Head Centennial gold dime with a maximum release of 125,000 coins. The issue sold out quickly, with orders restricted to 10 coins per household at $205 each. Within a month of the product’s release, however, the Mint accepted the return of nearly 9,000 of those coins. The coins were eventually resold when the Mint offered them a second time.
FYI....The 9k sets that you quote, were part of a large order from several major buyers who cancelled, prior of having the items shipped. They were not returns.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@DotStore said:
Assuming they show up again, what are the chances they are customer returns? Has anyone bought and opened any after the initial "Currently Unavailable" Status that happened on March 10th (Sunday evening)? Were they high-quality or did they appear to be repackaged returns?
Zero. They don't sell customer returns
I can't find it, but I recall reading an article with a US Mint Official. Question on Returns (and what happens to the coins that are returned), and I recall that person said something like they inspect the merchandise and will resell the items that pass their quality inspection...
Also, from an Article posted at a well known site titled Excessive returns prompt U.S. Mint officials to change return policy
In 2016, the Mint offered the 2016-W Winged Liberty Head Centennial gold dime with a maximum release of 125,000 coins. The issue sold out quickly, with orders restricted to 10 coins per household at $205 each. Within a month of the product’s release, however, the Mint accepted the return of nearly 9,000 of those coins. The coins were eventually resold when the Mint offered them a second time.
FYI....The 9k sets that you quote, were part of a large order from several major buyers who cancelled, prior of having the items shipped. They were not returns.
From what I read in separate articles, they were a combination of RETURNS and cancellations...
Either way, I firmly believe they inspect returned merchandise and will resell items that pass their quality control inspections...
Article from Coinworld (about the opening of sales again) If the coins sold out so quickly, why are there leftovers?
_**In short, canceled orders and returns.
Like any other retail purchase, the initial U.S. Mint transaction is not always the final.
Within two weeks of the coin's sellout, after many were already shipped to the customers who ordered them, order cancellations began. The Mint canceled some orders because of expired credit cards or other Mint customer account problems.
Then, whether because of buyer's remorse or inability to quickly flip the coins for a sizeable profit, the number of returned coins began to rise. Also, some coins were returned because of damage to the coins or to the packaging.**_
@DotStore said:
Assuming they show up again, what are the chances they are customer returns? Has anyone bought and opened any after the initial "Currently Unavailable" Status that happened on March 10th (Sunday evening)? Were they high-quality or did they appear to be repackaged returns?
Zero. They don't sell customer returns
I can't find it, but I recall reading an article with a US Mint Official. Question on Returns (and what happens to the coins that are returned), and I recall that person said something like they inspect the merchandise and will resell the items that pass their quality inspection...
Also, from an Article posted at a well known site titled Excessive returns prompt U.S. Mint officials to change return policy
In 2016, the Mint offered the 2016-W Winged Liberty Head Centennial gold dime with a maximum release of 125,000 coins. The issue sold out quickly, with orders restricted to 10 coins per household at $205 each. Within a month of the product’s release, however, the Mint accepted the return of nearly 9,000 of those coins. The coins were eventually resold when the Mint offered them a second time.
FYI....The 9k sets that you quote, were part of a large order from several major buyers who cancelled, prior of having the items shipped. They were not returns.
Sorry, missed this the first time around.
The 2016 gold dime was an anomaly, and started establishing new rules by the mint.
Over 6,000 of those coins were not returns. It was the first time the Mint went after those with multiple accounts and credit cards and cancelled orders totaling some 3-4K coins. Further, the coin when to backorder (not all the coins had made it to the distribution center yet), the coin fell flat on the flip, and massive cancellations followed. Just like the A11 puck.
The Mint was also under pressure because of the 10 HHL and the 40 minute sell out to try to get as many out as they could. They did sell returns, but they took 6 months to inspect and repackage the coins. Coins returned as "damaged" were not resold. (And even with those 9,000 coins, it still sold out in some 90 minutes.)
The large number of returns (plus the enhanced proof set returns) put in place the new return policy. So return numbers like what happened with the centennial gold won't happen again.
For the puck, I don't believe cancelling backorders falls under their return policy.
@cruisersk1 said:
Should be some kind of certification for worst coin condition from the mint.
me k
The staining? You need to look real close and make sure it's not the capsule. I got one with a stain, and the Kennedy was reflective enough to see the it was the capsule, and not on the coin itself.
If you're talking about the hit on the side of Kennedy's head, I got a few like that. I have to believe those at the 65PL's we've been seeing.
@jabba said:
And I remember when 10 or so pages ago people thigh this thing was a joke
My two best are being worked on I hope 69PL are in my future
'Nothing Special'
What I seem to remember...
Yup. And as far as we know, still nothing special. If PCGS slabs Mint Sets with PL designation, 67 and 68 PL coins aren't going to be worth the slabbing fee.
In essence yes, but for me it would be worth it.
67PL in fact is the grade I want...
~HABE FIDUCIAM IN DOMINO III V VI / III XVI~ POST NUBILA PHOEBUS / AFTER CLOUDS, SUN Love for Music / Collector of Dreck
It’s a gamble if I don’t get 69s than I threw some money away and other that the PL they aren’t special if PCGS rolls out PL for more coins this year the money to be made is now before the flood
My order is showing as Backorder - why would it be in that status this late in the game? Did they run out of the cardboard Rocket Ships to package the coins?
@DotStore said:
My order is showing as Backorder - why would it be in that status this late in the game? Did they run out of the cardboard Rocket Ships to package the coins?
When was your order? Backorders at this stage, i.e., not too many left is looking dim for fulfillment, IMO.
@DotStore said:
My order is showing as Backorder - why would it be in that status this late in the game? Did they run out of the cardboard Rocket Ships to package the coins?
@DotStore said:
My order is showing as Backorder - why would it be in that status this late in the game? Did they run out of the cardboard Rocket Ships to package the coins?
When did you order?
I placed the order this past Tuesday
I snagged two the Tuesday (21 Mar) prior and they were delivered this past week.
I also got some on the 21st that were delivered yesterday. Just strange to see this one in Backorder Status for the last few days (I think it went to Backorder on Thursday).
Comments
That means there will be some (many) submissions for reconsiderations for previous Kennedy’s!
More importantly, it means populations will be all over the place and price discovery will be a long process.
My registry set (and extra coins for the set) is filled with PL examples. At least, what I assume might meet the standard.
Wondercoin.
Making fun was not the intent.
Great pictures !!! Good luck with your listing.
understand your pain> @jmlanzaf said:
would love to see my 2018 p and d ms67's get the PL attribute
Kennedys are my quest...
Many of the last 2 years mint set coins are worthy of the PL desigation.
And I remember when 10 or so pages ago people thigh this thing was a joke
My two best are being worked on I hope 69PL are in my future
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
Tulip bulbs.
Just sold a pair of sealed rocket ships. Took about 20 minutes after listing ($50, free shipping).
Sweetie... 1989-1992 even more so I believe.
Wondercoin
Honey Mitch,
Maybe it's the 1992's. Somewhere I hv a bucket of them.
ps- You do know I preferred to keep our relationship a secret....
I forgot the P!
Wondercoin
'Nothing Special'
What I seem to remember...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
Yup. And as far as we know, still nothing special. If PCGS slabs Mint Sets with PL designation, 67 and 68 PL coins aren't going to be worth the slabbing fee.
I have some D's from the 2014 Unc Clad Set (High Relief K14) that are more PL than these Rocket D's. If anyone ordered those K14 Sets at the beginning and at the end of the print run, I'm curious if you saw the same difference I saw -- the batches of coins at the end of the print run were extremely PL (more so on the D coin, not so much the P). I submitted it to NGC with comments to consider it for PL, but they ignored me (I did get the SP69 on it, so that was good). If they start reconsideration for PL, I will definitely resubmit some of those 2014's...
If @wondercoin is correct that PCGS will be going towards PL designation, they will make a small fortune off resubmission fees. I think it would be a good move for all involved and possibly breathe a bit of extra life into moderns.
How would you know what constitutes the "end of the print run"? You can't really know anything but "end of the shipping".
Does anyone have a confirmed cutoff date for FS? Release date was 2/28–usually it’s 30 days from first receipt, I would expect that to be today 3/29?
Or 3/30?
Good question mine were finally receipted 3-26 which is only a few days before the cut off date. That is cutting it to close especially since it’s been in their building for 7 days. But I made it.
What ever the day is it’s only hours away. I think it may of been posted a few pages back but not absolute on that one.
They use postmark date on your mailed package
Doesn’t have to be there or opened by them by cutoff
But we need a definitive of what is that cutoff date? I would assume 3/30 since only 28 days in feb
The PCGS First Strike program designates coins issued in the first 30 days of the Mint's release. This designation not only adds value to modern coins, but takes modern coin collecting to another level with multiple Mint releases each year.
The package mailed to PCGS has a postmark date prior to the PCGS cutoff date for that particular coin/issue. Only the coins need to be mailed to PCGS and received within the first 30 days of issue.
Or
Submit the coins in the original unopened shipping box from the U.S. Mint with a postmark date prior to the specified PCGS cutoff date.
https://www.pcgs.com/firststrike/
I agree 100%. I misspoke because I can't really know for sure when the coins were minted. I was only going by my experience on several orders (I would get 10/20 at a time via the site while they were available). Then I started to notice the quality was changing to PL later in the year (Octoberish). But as additional information I was able to get sets from about 10 different boxes that the US Mint shipped to the Philly Store (my son picked them up for me on different occasions, and he always noted the STAMP DATE on the Box). They were packed 40 sets per box. My observation after getting about 10 sets from about 10 different boxes (total 100 sets) with those Stamp Dates -- the boxes they had with stamp dates AFTER about October 1st had the PL coins. The boxes they had with stamp dates prior had the normal finish (not PL). But I agree - I can't tell if the US MINT Stamp Date on the boxes is a true indicator of when the coins inside the box were minted. I have one of those Shipping Boxes as my son asked if he could take the box since he bought the last 10 sets from that batch... I think the date stamped on the box is October 10th and those sets had the PL Coins. This is just in my experience -- wish I could show you the difference in the finish -- they really are more PL than these Rocketship D's...
We've discussed this elsewhere on the boards. It is quite possible that last date of shipping is first date of striking. Depends on how they stack the boxes. Although it is different for commerce coins than limited edition commems.
many companies use the "LIFO" system of inventory control. LIFO stands for Last (made) In, First Out(shipped).
Others use the "FIFO" system which is First (made) In, First Out (shipped). So it seems that the mint uses the LIFO system. Maybe @Wondercoin could get this info on his next pick-up.
Kennedys are my quest...
Missing step(s).
Made and stacked at the Mint
Load in truck(s)
Off load at Fulfillment center
Fulfillment does whatever... boxing, sorting, losing, mixing, dropping, throwing, packing... finally shipping... maybe.
——-
Those taken to the Mint stores are probably much more structured.
4/1 postmark will get FS for Rocketships
Just called and confirmed
If LIFO is in place, then the irony of it all considering the "First Strike" labels...
Should be called FTDOS, but not as catchy.
Scrolled through my latest submission... saw a 70, then realized it was for a W cent.
3 - Kennedy’s PL 67 and +
In my opinion,
as someone else has stated in earlier posts: FDOI, FS are marketing strategies. I found that hard to believe but now with my reviewing more and more comments here, it seems true. If the mint sends the last coins struck out first or the first coins struck last, PCGS doesn't know. It relies on the package date and receipt of the original mailing out to the buyer. Bulk buyers can only get the FDOI attribute. First strike attributes must be received in the first 30 days of distribution.
Food for thought:
If the mint has a limited production run of 50,000 coins and they produce them all in 1 day, are they not deserving of the FDOI and the First Strike attributes. God, I just created a new label. LOL
Kennedys are my quest...
Welcome to the party! LOL
There are a number of great threads discussing the designations.
Another fun FS fact: since sealed boxes will be accepted years later and some board members actually stack sealed boxes, the population of FS is NOT fixed or known for any of these coins!!! So, even if you had the only FS 70 PL now, 5 more could pop up next year!
and that is why I am not buying one now. I have coins in the highest grade available but I did not buy them in the middle of a feeding frenzy. What is going currently for say $1200.00 now, may be worth $2000.00 by the end of the year or it might be worth $20.00 next year. It is a crap shoot. My registry sets are always in the upgrade mode and that is the fun for me to locate a coin I need. I do not need to fill my registry set with a 2019 d rocket Kennedy in ms70pl. It can be filled with a 2019 d Kennedy in a circulation strike in ms 70. My pockets do not run deep but I do have two of them, lol. When I bid on coins, I already know what my max bid is and cap it at that. If I am out bid, c'est la vie ( that is life). If I win, hooray for me.
I have really enjoyed commenting in this post. I am always in the learn mode.
Thank you for the welcome.
Kennedys are my quest...
And maybe this is the wrong thread for this, but given the production issues with the 5 oz pucks, even the 30,000 or so that would be FS eligible and any of the FDOI eligible coins could have been struck at anytime over the 3 weeks they were striking!!! So, your FDOI coin could have been shipped on the 1st day of shipping but struck on the 20th day of striking. And your 1st strike coin was possibly struck on the 20th and final day of the initial striking. In theory, this makes the postmark on the box worth MONEY!!!
If you want an even funnier misnomer. Technically speaking, if you got the LAST strike from a cracked die just before it fell to pieces, it would get an FS label as long as it was shipped to you within 30 days!
With the stamp market in the toilet, the most valuable used stamp might be a date on a U.S. Mint shipping box!
FYI....The 9k sets that you quote, were part of a large order from several major buyers who cancelled, prior of having the items shipped. They were not returns.
From what I read in separate articles, they were a combination of RETURNS and cancellations...
Either way, I firmly believe they inspect returned merchandise and will resell items that pass their quality control inspections...
Article from Coinworld (about the opening of sales again)
If the coins sold out so quickly, why are there leftovers?
_**In short, canceled orders and returns.
Like any other retail purchase, the initial U.S. Mint transaction is not always the final.
Within two weeks of the coin's sellout, after many were already shipped to the customers who ordered them, order cancellations began. The Mint canceled some orders because of expired credit cards or other Mint customer account problems.
Then, whether because of buyer's remorse or inability to quickly flip the coins for a sizeable profit, the number of returned coins began to rise. Also, some coins were returned because of damage to the coins or to the packaging.**_
Then Mint stores probably have a higher likelihood of having “true” FS coins.
Reason, they have to have the inventory in-stock when it goes on sale so the Mint needs to get inventory to them quickly.
Unless... PFSWeb is doing all the shipping and transportation for the Mint... never mind.
Should be some kind of certification for worst coin condition from the mint.
me k
Sorry, missed this the first time around.
The 2016 gold dime was an anomaly, and started establishing new rules by the mint.
Over 6,000 of those coins were not returns. It was the first time the Mint went after those with multiple accounts and credit cards and cancelled orders totaling some 3-4K coins. Further, the coin when to backorder (not all the coins had made it to the distribution center yet), the coin fell flat on the flip, and massive cancellations followed. Just like the A11 puck.
The Mint was also under pressure because of the 10 HHL and the 40 minute sell out to try to get as many out as they could. They did sell returns, but they took 6 months to inspect and repackage the coins. Coins returned as "damaged" were not resold. (And even with those 9,000 coins, it still sold out in some 90 minutes.)
The large number of returns (plus the enhanced proof set returns) put in place the new return policy. So return numbers like what happened with the centennial gold won't happen again.
For the puck, I don't believe cancelling backorders falls under their return policy.
@cruisersk1
Is that the coin, capsule, or plastic?
The staining? You need to look real close and make sure it's not the capsule. I got one with a stain, and the Kennedy was reflective enough to see the it was the capsule, and not on the coin itself.
If you're talking about the hit on the side of Kennedy's head, I got a few like that. I have to believe those at the 65PL's we've been seeing.
In essence yes, but for me it would be worth it.
67PL in fact is the grade I want...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
It’s a gamble if I don’t get 69s than I threw some money away and other that the PL they aren’t special if PCGS rolls out PL for more coins this year the money to be made is now before the flood
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
I got crushed MS66PL and a MS67PL
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
Sorry I doubt I will do much better.
My order is showing as Backorder - why would it be in that status this late in the game? Did they run out of the cardboard Rocket Ships to package the coins?
When was your order? Backorders at this stage, i.e., not too many left is looking dim for fulfillment, IMO.
19XGC
2019 ROCKETSHIP SET
47860
03/24/2019
I placed the order this past Tuesday
I snagged two the Tuesday (21 Mar) prior and they were delivered this past week.
I also got some on the 21st that were delivered yesterday. Just strange to see this one in Backorder Status for the last few days (I think it went to Backorder on Thursday).
Might be getting close to sold out status. Should know more after weekly numbers come out.