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Do "First Strike" and "Early Release" meet the same criteria?

jmski52jmski52 Posts: 22,364 ✭✭✭✭✭
edited February 3, 2023 8:21PM in U.S. Coin Forum

I've never paid much attention to the criteria from across the street, but does anyone know the reason why the status of "Early Release" won't cross over if the coins are evaluated as having the same grade?

I'm wondering how much more market activity (and re-grading activity for Registry Sets) might take place if the criteria and company policies were juxtaposed.

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Comments

  • daltexdaltex Posts: 3,486 ✭✭✭✭✭

    @jmski52 said:
    I've never paid much attention to the criteria from across the street, but does anyone know the reason why the status of "Early Release" won't cross over if the coins are evaluated as having the same grade?

    I'm wondering how much more market activity (and re-grading activity for Registry Sets) might take place if the criteria and company policies were juxtaposed.

    I don't know the answer, but I'd suspect crossing a coin (any coin) from one service to another (any services) you'd lose any promotional info from the label. ANACS may be willing to guarantee the provenance of a certain coin, but not just because ICG says so.

  • ZoinsZoins Posts: 33,859 ✭✭✭✭✭
    edited February 4, 2023 4:57AM

    I don't know about ATS, but PCGS will grade APMEX MintDirect as First Strike:

    https://www.pcgs.com/apmex

    There are 3 different APMEX slabs below:

    1. Version that just says "MintDirect Premier"
    2. Version that says "FirstStrike PCGS FirstStrike Eligible"
    3. Version that just has "PCGS" logo




  • Namvet69Namvet69 Posts: 8,670 ✭✭✭✭✭

    I agree the aforementioned phrases are just that, labeling info requested by a customer but not verification of mintage origins. And thusly not carried over. IMO

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  • rickoricko Posts: 98,724 ✭✭✭✭✭

    JMO... I consider such terms just marketing and collector hype.... Collect the coin for what the coin is... Quality of strike, preservation and appearance. Cheers, RickO

  • MetroDMetroD Posts: 1,935 ✭✭✭✭✭

    @Zoins said:
    I don't know about ATS, but PCGS will grade APMEX MintDirect as First Strike:

    https://www.pcgs.com/apmex

    There are 3 different APMEX slabs below:

    1. Version that just says "MintDirect Premier"
    2. Version that says "FirstStrike PCGS FirstStrike Eligible"
    3. Version that just has "PCGS" logo

    As I understand it, APMEX currently offers two different MintDirect tiers:
    ~ MintDirect (unsearched) - Example
    ~ MintDirect Premier (unsearched + eligible for PCGS 'First Strike', if submitted sealed) - Example

    Reference

    As far as I can tell, every MintDirect Premier item is currently identified with four design elements:
    1) the PCGS shield logo;
    2) the "MintDirect Premier" logo;
    3) "First Strike" on a yellow banner;
    4) "PCGS First Strike Eligible".

    Consider the 2023 Au Britannia example. Element #1 is on the reverse side of the case, while the balance of the elements are on the obverse side of the case.



    Source: https://www.apmex.com/product/267910/2023-gb-1-oz-gold-britannia-mintdirect-premier-pcgs-fs-king

  • 291fifth291fifth Posts: 23,936 ✭✭✭✭✭

    Just marketing gimmicks.

    All glory is fleeting.
  • MetroDMetroD Posts: 1,935 ✭✭✭✭✭

    There is conflicting info on the PCGS website specific to this issue.

    In the FAQs section, it says "no".

    Source: https://www.pcgs.com/faq

    However, on the 'crossover' page, it says that it "may be recognized".

    Source: https://www.pcgs.com/crossover

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