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Platinum Eagle 2022 MS population oddity?
ms71
Posts: 1,576 ✭✭✭✭✭
I happened to glance at the PCGS pop report for the $100 platinum eagles this morning. For the 2022 MS coin, 1238 have been graded. Every one graded MS70. Not a single coin in the pop below MS70. Isn't that a bit odd? The proof issue $100 shows 1391 graded PR70 and 155 graded PR69, which seems more what you'd expect.
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Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins, justindan, doubleeagle07
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me. . . . . . .
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins, justindan, doubleeagle07
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me. . . . . . .
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@ms71.... That does seem strange... Not one below 70 out of a large quantity of submissions. Must have been a great run that day. Cheers, RickO
May be that a large quantity was submitted with a specified "minimum grade" of MS70? But why wouldn't the submitter have preferred some 69s/68s to raw coin returns?
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins, justindan, doubleeagle07
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me. . . . . . .
It appears that most of the associated coin numbers are bulk submissions (e.g., Premier, First Strike Plus, and FDOI).
It is not uncommon for these to be submitted with a "minimum grade" of 70.
Source: https://www.pcgs.com/pop/detail/platinum-eagles-1997-date/940
In some instances, a raw coin can command a higher premium than a slabbed 69.
It is odd that there is no grade < 70. Would expect to see some, at a minimum, in the "base" and FS varieties.
I think I saw these being pushed on TV this past weekend. Rick must have submitted with a minimum grade.