I thought my AT comment was, too but as a Darksider, I'm just not appreciated "over here." - Preussen >>
If your AT comment ws in response to the Radiology visit suggested above then I think it is indeed somewhat humorous and probably went over most people's heads. If it was out of the blue, just an random AT in conversation, then I'll agree with the lame moniker.
Of course I always give the benefit of a doubt so I laughed.
<< <i>I believe he's just making it clear that IF there are any future releases they will not be considered for 20th anniversary designation. Just clarifying a possibility. >>
If you really believe the Mint will not line its pockets by a future release of the Reverse Proof and W-mintmarked coins , I have a bridge...........
I thought my AT comment was, too but as a Darksider, I'm just not appreciated "over here." - Preussen >>
>>
The portion had nothing to do with you being a darksider. You could be a stamp-monkey for all I cared. There have just been so many AT posts it has gotten to be pretty if there is nothing factual behind it.
Glad you are having fun and enjoying any/all of the forums.
<< <i>Ron, 1. Will each coin in the set receive its own grade or will the set as a whole receive the grade of the weakest coin? I assume each coin will be slabbed separately. I will be submitting a few sets in hopes of a complete set of 70s. I guess what would make a 70 set most valuable is if the three coins had consecutive PCGS numbers (dream on), otherwise I can hope for at least a 70 of each coin somewhere in the bunch. >>
Each coin will be graded separately. In the future, we're planning a three-piece set option where you may reholder coins of the same grade.
<< <i>2. "All coins must be submitted in the original, unopened Mint packaging as received from the Mint." I ordered 10 sets (along with other mint products) and may not send them all in for grading. Do you know if each set is contained in its own individual mint packaging? I would sure like to open an outer carton to see what else they shipped without voiding any chance a the First Strike. Also, wouldn't I need to open an outer carton to toss in my PCGS order forms? >>
The sets are not sealed individually, so we will require that the entire package be sent in. I realize that this is a high hurdle, but its the only way we can ensure the integrity of the sets.
Ron Guth President PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins www.CoinFacts.com
1. Outstanding execution getting the rules CLEARLY stated up front on these special 20th Anniversary coins.
2. Outstanding recognition of the need to give the Regular Proof Gold and Silver Eagles separate coin numbers from these sets to not interfere with the prior release of those coins earlier this year.
3. Well thought out conditions and rules to ensure the integrity of the PCGS First Strike brand.
When things are so clearly spelled out for the collectors and dealers it really helps!
Wondercoin >>
Mitch,
Don't be so shy. You were very helpful in developing this guidance and I appreciate your input very much. Thanks!
Ron Guth President PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins www.CoinFacts.com
<< <i>I don't see where is says you can get a 2006-W American Eagle Gold $50 Proof – 20th Anniversary Set designation without having a sealed box. The First Strike is spelled out, but not the 20th Anniversary Set designation for the Regular Proof . >>
Unless the box is sealed, you cannot receive a 20th Anniversary Set designation for the regular proof. However, you can receive the 20th Anniversary Set designation for the two new coins.
Ron Guth President PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins www.CoinFacts.com
I would say that this will make the First Strike/20th Anniversary slabbed regular proof gold eagles a key date in their own right. Any collector that wants to put together a first strike set of the three coins would need to get one of these. the actual number of these slabbed first strikes will be very low because a majority of collectors will open their boxes to check their shipment. The regular proof First strike slabs may vey well carry a substantial premium over the uncirculated w version because their will be more first strike slabs of these coins available. The w version uncirculated does not need to be submitted in a mint sealed package.
Thanks for replying here Ron. FRESH MEAT!!! Russ must be taking a nap! LOL Someone here made a recommendation of different labels for the 20th Anniversary edition sets. Is it possible to have silver labels for the silver coins, and, gold labels for the gold coins? I think it's a great idea. Or something similiar to the doily papers many years ago. Perhaps an old green colored label with gold/silver lettering? Thanks a lot in advance and have a great day! Ray
You only live life once, enjoy it like it's your last day. It just MIGHT be!
"yep, except that this is just a day late for those that already received their sets this morning and opened them already"
Zardoz51 - It is not as bad as you think actually. I believe you would still qualify for 2/3 coins receiving the First Strike designation, including the KEY coin - the reverse Proof.
CoinKing - Always happy to assist.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>I don't see where is says you can get a 2006-W American Eagle Gold $50 Proof – 20th Anniversary Set designation without having a sealed box. The First Strike is spelled out, but not the 20th Anniversary Set designation for the Regular Proof . >>
Unless the box is sealed, you cannot receive a 20th Anniversary Set designation for the regular proof. However, you can receive the 20th Anniversary Set designation for the two new coins. Only sealed boxes can received the First Strike designation. >>
Ron,
I read your original post to say the Unc. "W" and the Reverse Proof can both have the First Strike and 20th designation if sent in within 30 days even without a sealed box. Please clarify.
Your quote: " 2. Individual submissions of coins 1b, 1c, 2b, 2c, 3a, and 3b (see above) will qualify for First Strike/20th Anniversary Set inserts as long as they are received within 30 days of their original release dates"
I fully understand the Regular Proof is not eligable for ANY designation unless sent in sealed.
<< <i>I don't see where is says you can get a 2006-W American Eagle Gold $50 Proof – 20th Anniversary Set designation without having a sealed box. The First Strike is spelled out, but not the 20th Anniversary Set designation for the Regular Proof . >>
Unless the box is sealed, you cannot receive a 20th Anniversary Set designation for the regular proof. However, you can receive the 20th Anniversary Set designation for the two new coins. Only sealed boxes can received the First Strike designation. >>
Ron,
I read your original post to say the Unc. "W" and the Reverse Proof can both have the First Strike and 20th designation if sent in within 30 days even without a sealed box. Please clarify.
I fully understand the Regular Proof is not eligable for ANY designation unless sent in sealed.
thanks, >>
Correct, unless the Mint begins selling and shipping individual coins before the end of the First Strike period.
Ron Guth President PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins www.CoinFacts.com
Hi Ron--I hope you can reply to this: I called PCGS as soon as Fed-Ex dropped my box of 10 sets off this morning. I asked questions like do you have a special number for the coins, how should i submit, how do i get First Strike, will there be room for the "20th Abnniversary" on the slab--The customer service representative was very helpful, and she specifically told me that they would not be allowing First Strike on the Proof coins, and that I should not worry about sending in the box with all the sets, that I should take them out and send them in in the little plastic containers they are sent in from the mint. I could not fathom that these coins could not be labeled first strike, so when i sent them off, i still put in an extra hundred for the first strike on the proofs. She also let me know that they hate to have the boxes submitted and that those are non returnable anyways--so no way was I submitting them in the little black boxes.
By the rules posted today, hours after i already sent my 10 sets to PCGS out and under instruction sfrom customer service, my 10 proofs are toast as regards First Strike--please let me know if this can be rectified. I know its hard to trust somebody you dont know, but i can assure you i did not order 10 proofs 6 months ago and keep them for just this circumstance, and I decided to submit those in place of any 10 proffs i would have received this morning.
Please reply either here or in PM, I would like to hear if we can fix this problem.
If you are the president of PCGS, I have a suggestion.
Since we all know First Strike doesn't really mean the first 100 (or 1000) coins struck, why doesn't First Strike get replaced by "Early Shipped date Coin" designation by PCGS ? Because if I were a new collector, who bought a FS coin believing it was really FIRST STRUCK coin, I would be very upset to find out otherwise, and whose reputation is at stake here.
I like the opportunity being presented here but I ordered 3 of the SAE Anniversary sets and would like only 1 set graded. Can I instruct the grader to take just the best of the three or do I have to have all three graded? If not, how do I indicate to PCGS that I want only 1 set graded?
Also, what if all three sets are dogs or have been damaged in shipment? I would really hate to end up with an anniversary set graded PF67, First Strike/Anniverasary Set or not!
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
You know, the talk yesterday on the boards was that credit cards were getting hit, so everyone who got hit knew to look for the Fed-Ex person this morning. Why werent these rules posted yesterday? I waited for my Fed-Ex guy this morning, and then called PCGS to go over how to submit. I can tell you, i am pretty steamed over finding out i totally screwed up my submission by following the instructions i was given by PCGS, 2 hours before this post even was started.
4. Depending on when the various sets begin shipping, there may be some time overlap between coins 1c and 3a (the 2006-W $1 Mint State) and 2c and 3b (the 2006-W $50 Mint State). In case of overlap, the time “window” for the First Strike designation on one or more of the sets may be limited to the time left in the 30 day period for the sets that are shipped first. Example: if the 3-piece gold coin set begins shipping on September 25th, the cutoff date for First Strikes will be October 24th. Subsequently, if the 2-piece set begins shipping on October 10th, the cutoff date for First Strikes will be October 24th instead of November 9th.
So if the 3-piece silver ships in December and the 2- piece shipped in October, there would be no first strick silver sets?
Could somebody please tell me if this recap is correct:
If you send in the three-piece gold or silver sets in the sealed Mint shipping box within the 30-day limit, you get "First Strike/20th Anniversary Set" on the Reverse Proof and the BU-W coins, and "20th Anniversary Set" on the regular Proof coins.
If you send in the three-piece gold or silver sets not in the sealed Mint shipping box within the 30-day limit, you get "First Strike/20th Anniversary Set" on the Reverse Proof and the BU-W coins, and regular Proof grading on the regular Proof coins.
If you send in the two-coin BU-W gold and silver set in or out of the sealed Mint shipping within the 30-day limit, you get "First Strike/20th Anniversary Set" on both.
Is this correct so far?
Also, when the BU-W single coins begin shipping, what happens to the above?
TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
1. Outstanding execution getting the rules CLEARLY stated up front on these special 20th Anniversary coins.
2. Outstanding recognition of the need to give the Regular Proof Gold and Silver Eagles separate coin numbers from these sets to not interfere with the prior release of those coins earlier this year.
3. Well thought out conditions and rules to ensure the integrity of the PCGS First Strike brand.
When things are so clearly spelled out for the collectors and dealers it really helps!
Wondercoin >>
Mitch,
Don't be so shy. You were very helpful in developing this guidance and I appreciate your input very much. Thanks! >>
Ron, why did Mitch, or any other dealer, for that matter, have input/guidance/a say with respect to the particulars? Why not COLLECTORS? Also, why wasn't this/your "guidance" thread initiated prior to the time when collectors might have received and opened their sets, thereby possibly causing them to miss out on a designation they might want?
Mitch, you spoke highly about the "execution", "recognition", "conditions" and "rules" without mentioning you had some knowledge and input. And, while there might not be ANY conflict of interest or favorable treatment whatsoever, that gives the appearance that there could be. That is because you as participant (whether a minor one or a major one) in that market, had input with respect to the PCGS "guidance".
Q]Ron, why did Mitch, or any other dealer, for that matter, have input/guidance/a say with respect to the particulars? Why not COLLECTORS? Also, why wasn't this/your "guidance" thread initiated prior to the time when collectors might have received and opened their sets, thereby possibly causing them to miss out on a designation they might want?
Mitch, you spoke highly about the "execution", "recognition", "conditions" and "rules" without mentioning you had some knowledge and input. And, while there might not be ANY conflict of interest or favorable treatment whatsoever, that gives the appearance that there could be. That is because you as participant (whether a minor one or a major one) in that market, had input with respect to the PCGS "guidance". >>
Mark,
PCGS does not operate in a vacuum. We rely on the input of our submitters, dealers, collectors, and experts (like you and Mitch) to ensure that our products and policies are timely, relevant, appropriate and that they meet the demands of the market and consumers.
The original projected shipping date for the 20th Anniversary Sets was "mid-October" per the Mint's website. Our guidance would have been timely except that the Mint began shipping on September 25th.
Ron Guth President PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins www.CoinFacts.com
Ron, thanks for your prompt reply, which I will take to mean you also consulted other dealers and collectors regarding this issue. I'll look forward to Mitch's take on these matters, as well.
1. Outstanding execution getting the rules CLEARLY stated up front on these special 20th Anniversary coins.
2. Outstanding recognition of the need to give the Regular Proof Gold and Silver Eagles separate coin numbers from these sets to not interfere with the prior release of those coins earlier this year.
3. Well thought out conditions and rules to ensure the integrity of the PCGS First Strike brand.
When things are so clearly spelled out for the collectors and dealers it really helps!
Wondercoin >>
Mitch,
Don't be so shy. You were very helpful in developing this guidance and I appreciate your input very much. Thanks! >>
Ron, why did Mitch, or any other dealer, for that matter, have input/guidance/a say with respect to the particulars? Why not COLLECTORS? Also, why wasn't this/your "guidance" thread initiated prior to the time when collectors might have received and opened their sets, thereby possibly causing them to miss out on a designation they might want?
Mitch, you spoke highly about the "execution", "recognition", "conditions" and "rules" without mentioning you had some knowledge and input. And, while there might not be ANY conflict of interest or favorable treatment whatsoever, that gives the appearance that there could be. That is because you as participant (whether a minor one or a major one) in that market, had input with respect to the PCGS "guidance". >>
Mark,
All terrific points and well said. I have rarely posted on this board since joining 6 months ago but I think many other collectors feel as I do on this one.
With all due respect, as a collector, PCGS customer, and PCGS proponent, I feel screwed on this one. I rec'd my set from the Mint via Fed Ex 2 hours before the "Guidance" was posted on these.
As you can imagine, like so many others I immediately opened my box to admire my set. Now, I am not able to have my complete set graded and designated even just as a 20th Anniversary Set by PCGS. As a result, I will not grade any of my coins in this set and PCGS has lost revenue. These are the only 3 AGE's I own and I cannot fathom what difference it would make to anyone (other than certain dealers/market makers of 3 piece graded sets) if I submitted my 3 coin set along with proof of receipt in order to have the entire set graded and designated as a 20th Ann. Set. It certainly seems to me that this info was decided and available before a good portion of us rec'd our coins and opened our boxes. As a result, the ability to own a "complete" PCGS 20th Ann. Set has been compromised and further limited due to artificial influences (timing of info release) If this info was out there before any person rec'd a set I'd have no issue at all with anyone.
I cannot, as a business man, see how this makes good sense for PCGS. PCGS loses grading revenue and credibility while alienating its client base. Bottom line = collectors are left unhappy.
Mark: What makes you ASSUME that the positions and thoughts of some of the major COLLECTORS in this First Strike Eagle field were NOT fully considered and analyzed by PCGS with respect to the PCGS Guidance? Would you be pleased to know they were? I can put us on a three-way conference call today with several of these PCGS First Strike Eagle collectors if you desire, who can tell you just how happy they are with having had their view points fully considered by Ron Guth and PCGS. Call me at (949) 394-7122 and we can make arrangements for such three-way calls. Take a drive up to San Clemente and we can do it face to face today Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>Mark: What makes you ASSUME that the positions and thoughts of some of the major COLLECTORS in this First Strike Eagle field were NOT fully considered and analyzed by PCGS with respect to the PCGS Guidance? Would you be pleased to know they were? I can put us on a three-way conference call today with several of these PCGS First Strike Eagle collectors if you desire, who can tell you just how happy they are with having had their view points fully considered by Ron Guth and PCGS. Call me at (949) 394-7122 and we can make arrangements for such three-way calls. Take a drive up to San Clemente and we can do it face to face today Wondercoin >>
Mitch, you were the one mentioned by Ron and you had made comments about the guidance. If other dealers or collectors had been similarly mentioned and had also made comments regarding the guidance, I would have asked about them.
By the way, I hope it wasn't only "major COLLECTORS" whose "positions and thoughts" were "fully considered and analyzed by PCGS" My feeling is, the more, the better, and, in this instance, that "size doesn't matter'. Thanks for the offer, but I have no interest in knowing who the "major COLLECTORS" were/are.
<< <i>I hope the mint does a special 25th anniversary program in 2010 or 2011. >>
No problem.......mint will have all the coins sonically sealed by then and you can just send your fees to your favorite grading company for certification.........
No problem - I thought it might be exciting for both of us to take a slow walk down the pier together with cell phones in hand and discuss the PCGS First Strike Eagle program. Perhaps another time.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
This thread has only made it this far because it has some issues. I suppose if PCGS had been monitoring the information that collectors were anticipating shipments, that credit cards had been charged, that cancel boxes had been taken off order requests; that they might have actually made a timely announcement. As it stands they only missed half the orders for the entire nation. Maybe the guys in Hawaii actually got it in time. If there had been no real change in policy, this might not have been an issue. But to place forth a new never before heard of policy of only accepting unopened shipping boxes, it can lead to some confusion, frustration, and anger. Remeber, it not only applies to the "First Strike" designation, but also to the much more accepted and definitive "20th Anniversary Set" designation.
Thats just from the PCGS side.
The other issue is that at least one collector/dealer knew about the proposed rules and neglected to mention it. Probably just an oversight, but i know if i had been aware that a major new rule that no one had even heard of was going to be coming up, I probably would have let folks know...ASAP. I would feel pretty bad if I just happened to be one of the only guys who knew and was lucky enough to remember in time so I didnt open up all my boxes--as i probably would have done because in the past, its exactly the first thing you do when a box is shipped to you from the mint or any other seller.
I dont mean to single out one person, but as far as i know, only that one person has been identified as assiting in the guidance, which appears to be flawed in a timely manner.
Russ: As I mentioned to you on the other thread, I actually sent you a PM last week trying to set up a meeting or phone call with you to discuss these First Strike coins. That in response to your thread you initiated on the Registry Forum asking about these coins and whether they would be worth grading at PCGS. I know our schedules are both tight - I would have like discussing these coins with you just as I discussed them with a great many other collectors and dealers. And, FYI - there have been many circumstances prior to this one where collectors/dealers needed to keep their boxes/product sealed or risk losing the FS designation - this is not new. That is why I generally tell everyone to NOT open their mint boxes as a general rule if they intend to seek the FS desigation on an new product.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>Maybe next mint issue we will be buying First Strike coins directly from PCGs >>
I mentioned months ago I thought it would be a great idea for the Mint to rent space in their facilities and let PCGS/NGC/whomever they deemed legit operate there. If you chose to, you added grading fees, picked a TPG and Designation available, and it went right from mint employees to the TPG renting space - graded/slabbed then to you. No screwing around, when the run is over, the TPG can pack up until the next major release. No 2nd guessing, it is either graded then with any special designations, or never.
Probably a pipe dream, and adds as many problems as it solves, but it makes sense on the surface.
Hi Mitch, while i wish we had the chance to discuss the FS issue as well as the SAC issue last week, you are correct as to tight schedules. I have to be honest though, I have submitted coins in sets that the mint sealed, and thus they were graded with the appropriate designations. I suppose perhaps if the mint had somehow sealed these, this issue would be moot.
I also did call PCGS while my shipping box was sealed, and they instructed me to take the coins out and shipping separately from not only the shipping box, but from the laquer boxes. Although earlier in this thread I mentioned that fact, somehow Ron Guth has replied to other posts but not that issue, although i directed it right to him. It appears I do rate the courtesy of a response by Mr. Guth, even though actions were taken because of "guidance by his own staff".
I would also have to be honest is saying that had we talked and I had been given the information that keeping the shipping boxes intact until guidance was provided by PCGS, I would have shared that information with board members, out of courtesy.
So, I guess I missed the boat by not speaking with you, I got outsmarted by PCGS because I listened to someone on their own staff, I got ignored by PCGS when the problem was discovered, and I learned that i should not open my boxes until somebody--but it has to be the right somebody, tells me to.
By the way, the issue in the first place had to do with integrity of the piece. I would think having to submit the items in the laquer box, allowing PCGS to place a hologram on the bottom signifying that box had been submitted and registered, thus not allowing it to be reused over and over, only accepting orders with the matching shipping manifest, or allowing stes mailed before the rules have been posted, to be grandfathered in. Because I would like to think most persons would send in actual sets and not be thinking to replace the regular proof coins. But there seems to be a lot of mistrust that that could occur--but wouldnt that really only occur from dealers? Who else would have a ready supply of coins in which to trade out?
Comments
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<< <i>I wonder what happens if PCGS opens the package and finds that the coins are AT
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>
<< <i>I wonder what happens if PCGS opens the package and finds that the coins are AT
If you thought that was
<< <i>My Regular Proof is worthless because I can't get FS or 20th on it. >>
Now, that's
JMO
<< <i>
If you thought that was
Now, that's
JMO
Well I thought it was a good joke.
<< <i>
<< <i>
If you thought that was
Now, that's
JMO
Well I thought it was a good joke.
sad to say but given the aptitude of the general coin buying public, the first strike designation definitely boosts resale prices.
Who was it that said "Ignorance is bliss".
by the way my three sets of AGE's are heading of to PCGS tomorrow with the extra $90 for first strike designation.
<< <i> Well I thought it was a good joke.
I thought my AT comment was, too
<< <i>
<< <i> Well I thought it was a good joke.
I thought my AT comment was, too
If your AT comment ws in response to the Radiology visit suggested above then I think it is indeed somewhat humorous and probably went over most people's heads. If it was out of the blue, just an random AT in conversation, then I'll agree with the lame moniker.
Of course I always give the benefit of a doubt so I laughed.
--Jerry
<< <i>I believe he's just making it clear that IF there are any future releases they will not be considered for 20th anniversary designation. Just clarifying a possibility. >>
If you really believe the Mint will not line its pockets by a future release of the Reverse Proof and W-mintmarked coins , I have a bridge...........
<< <i>
<< <i>
<< <i> Well I thought it was a good joke.
I thought my AT comment was, too
>>
The
Glad you are having fun and enjoying any/all of the forums.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Ron,
1. Will each coin in the set receive its own grade or will the set as a whole receive the grade of the weakest coin? I assume each coin will be slabbed separately. I will be submitting a few sets in hopes of a complete set of 70s. I guess what would make a 70 set most valuable is if the three coins had consecutive PCGS numbers (dream on), otherwise I can hope for at least a 70 of each coin somewhere in the bunch. >>
Each coin will be graded separately. In the future, we're planning a three-piece set option where you may reholder coins of the same grade.
<< <i>2. "All coins must be submitted in the original, unopened Mint packaging as received from the Mint."
I ordered 10 sets (along with other mint products) and may not send them all in for grading. Do you know if each set is contained in its own individual mint packaging? I would sure like to open an outer carton to see what else they shipped without voiding any chance a the First Strike. Also, wouldn't I need to open an outer carton to toss in my PCGS order forms? >>
The sets are not sealed individually, so we will require that the entire package be sent in. I realize that this is a high hurdle, but its the only way we can ensure the integrity of the sets.
President
PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins
www.CoinFacts.com
Thank you for supporting the individual collector and PCGS's effort to "maintain integrity of the sets."
Reckless faith in the dollar's strength is reckless. Tariff proposals have demonstrated this.
<< <i>Ron:
1. Outstanding execution getting the rules CLEARLY stated up front on these special 20th Anniversary coins.
2. Outstanding recognition of the need to give the Regular Proof Gold and Silver Eagles separate coin numbers from these sets to not interfere with the prior release of those coins earlier this year.
3. Well thought out conditions and rules to ensure the integrity of the PCGS First Strike brand.
When things are so clearly spelled out for the collectors and dealers it really helps!
Wondercoin
Mitch,
Don't be so shy. You were very helpful in developing this guidance and I appreciate your input very much. Thanks!
President
PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins
www.CoinFacts.com
<< <i>I don't see where is says you can get a 2006-W American Eagle Gold $50 Proof – 20th Anniversary Set designation without having a sealed box. The First Strike is spelled out, but not the 20th Anniversary Set designation for the Regular Proof . >>
Unless the box is sealed, you cannot receive a 20th Anniversary Set designation for the regular proof. However, you can receive the 20th Anniversary Set designation for the two new coins.
President
PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins
www.CoinFacts.com
Zardoz51 - It is not as bad as you think actually. I believe you would still qualify for 2/3 coins receiving the First Strike designation, including the KEY coin - the reverse Proof.
CoinKing - Always happy to assist.
Wondercoin
<< <i>
<< <i>I don't see where is says you can get a 2006-W American Eagle Gold $50 Proof – 20th Anniversary Set designation without having a sealed box. The First Strike is spelled out, but not the 20th Anniversary Set designation for the Regular Proof . >>
Unless the box is sealed, you cannot receive a 20th Anniversary Set designation for the regular proof. However, you can receive the 20th Anniversary Set designation for the two new coins. Only sealed boxes can received the First Strike designation. >>
Ron,
I read your original post to say the Unc. "W" and the Reverse Proof can both have the First Strike and 20th designation if sent in within 30 days even without a sealed box. Please clarify.
Your quote: " 2. Individual submissions of coins 1b, 1c, 2b, 2c, 3a, and 3b (see above) will qualify for First Strike/20th Anniversary Set inserts as long as they are received within 30 days of their original release dates"
I fully understand the Regular Proof is not eligable for ANY designation unless sent in sealed.
thanks,
<< <i>
<< <i>
<< <i>I don't see where is says you can get a 2006-W American Eagle Gold $50 Proof – 20th Anniversary Set designation without having a sealed box. The First Strike is spelled out, but not the 20th Anniversary Set designation for the Regular Proof . >>
Unless the box is sealed, you cannot receive a 20th Anniversary Set designation for the regular proof. However, you can receive the 20th Anniversary Set designation for the two new coins. Only sealed boxes can received the First Strike designation. >>
Ron,
I read your original post to say the Unc. "W" and the Reverse Proof can both have the First Strike and 20th designation if sent in within 30 days even without a sealed box. Please clarify.
I fully understand the Regular Proof is not eligable for ANY designation unless sent in sealed.
thanks, >>
Correct, unless the Mint begins selling and shipping individual coins before the end of the First Strike period.
President
PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins
www.CoinFacts.com
Wow, super fast reply.
If I request to get the capsule returned to me. Will PCGS send it back?? or should I put the coins in a flip and keep the capsule??
thanks,
By the rules posted today, hours after i already sent my 10 sets to PCGS out and under instruction sfrom customer service, my 10 proofs are toast as regards First Strike--please let me know if this can be rectified. I know its hard to trust somebody you dont know, but i can assure you i did not order 10 proofs 6 months ago and keep them for just this circumstance, and I decided to submit those in place of any 10 proffs i would have received this morning.
Please reply either here or in PM, I would like to hear if we can fix this problem.
Russ
If you are the president of PCGS, I have a suggestion.
Since we all know First Strike doesn't really mean the first 100 (or 1000) coins struck, why doesn't First Strike get replaced by "Early Shipped date Coin" designation by PCGS ? Because if I were a new collector, who bought a FS coin believing it was really FIRST STRUCK coin, I would be very upset to find out otherwise, and whose reputation is at stake here.
Also, what if all three sets are dogs or have been damaged in shipment? I would really hate to end up with an anniversary set graded PF67, First Strike/Anniverasary Set or not!
The name is LEE!
<< <i>"yep, except that this is just a day late for those that received their sets this morning and opened them already"
Wondercoin >>
I could use some customer service right now.
Example: if the 3-piece gold coin set begins shipping on September 25th, the cutoff date for First Strikes will be October 24th. Subsequently, if the 2-piece set begins shipping on October 10th, the cutoff date for First Strikes will be October 24th instead of November 9th.
So if the 3-piece silver ships in December and the 2- piece shipped in October, there would be no first strick silver sets?
If you send in the three-piece gold or silver sets in the sealed Mint shipping box within the 30-day limit, you get "First Strike/20th Anniversary Set" on the Reverse Proof and the BU-W coins, and "20th Anniversary Set" on the regular Proof coins.
If you send in the three-piece gold or silver sets not in the sealed Mint shipping box within the 30-day limit, you get "First Strike/20th Anniversary Set" on the Reverse Proof and the BU-W coins, and regular Proof grading on the regular Proof coins.
If you send in the two-coin BU-W gold and silver set in or out of the sealed Mint shipping within the 30-day limit, you get "First Strike/20th Anniversary Set" on both.
Is this correct so far?
Also, when the BU-W single coins begin shipping, what happens to the above?
TD
<< <i>
<< <i>Ron:
1. Outstanding execution getting the rules CLEARLY stated up front on these special 20th Anniversary coins.
2. Outstanding recognition of the need to give the Regular Proof Gold and Silver Eagles separate coin numbers from these sets to not interfere with the prior release of those coins earlier this year.
3. Well thought out conditions and rules to ensure the integrity of the PCGS First Strike brand.
When things are so clearly spelled out for the collectors and dealers it really helps!
Wondercoin
Mitch,
Don't be so shy. You were very helpful in developing this guidance and I appreciate your input very much. Thanks! >>
Ron, why did Mitch, or any other dealer, for that matter, have input/guidance/a say with respect to the particulars? Why not COLLECTORS? Also, why wasn't this/your "guidance" thread initiated prior to the time when collectors might have received and opened their sets, thereby possibly causing them to miss out on a designation they might want?
Mitch, you spoke highly about the "execution", "recognition", "conditions" and "rules" without mentioning you had some knowledge and input. And, while there might not be ANY conflict of interest or favorable treatment whatsoever, that gives the appearance that there could be. That is because you as participant (whether a minor one or a major one) in that market, had input with respect to the PCGS "guidance".
Mitch, you spoke highly about the "execution", "recognition", "conditions" and "rules" without mentioning you had some knowledge and input. And, while there might not be ANY conflict of interest or favorable treatment whatsoever, that gives the appearance that there could be. That is because you as participant (whether a minor one or a major one) in that market, had input with respect to the PCGS "guidance". >>
Mark,
PCGS does not operate in a vacuum. We rely on the input of our submitters, dealers, collectors, and experts (like you and Mitch) to ensure that our products and policies are timely, relevant, appropriate and that they meet the demands of the market and consumers.
The original projected shipping date for the 20th Anniversary Sets was "mid-October" per the Mint's website. Our guidance would have been timely except that the Mint began shipping on September 25th.
President
PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins
www.CoinFacts.com
<< <i>
<< <i>
<< <i>Ron:
1. Outstanding execution getting the rules CLEARLY stated up front on these special 20th Anniversary coins.
2. Outstanding recognition of the need to give the Regular Proof Gold and Silver Eagles separate coin numbers from these sets to not interfere with the prior release of those coins earlier this year.
3. Well thought out conditions and rules to ensure the integrity of the PCGS First Strike brand.
When things are so clearly spelled out for the collectors and dealers it really helps!
Wondercoin
Mitch,
Don't be so shy. You were very helpful in developing this guidance and I appreciate your input very much. Thanks! >>
Ron, why did Mitch, or any other dealer, for that matter, have input/guidance/a say with respect to the particulars? Why not COLLECTORS? Also, why wasn't this/your "guidance" thread initiated prior to the time when collectors might have received and opened their sets, thereby possibly causing them to miss out on a designation they might want?
Mitch, you spoke highly about the "execution", "recognition", "conditions" and "rules" without mentioning you had some knowledge and input. And, while there might not be ANY conflict of interest or favorable treatment whatsoever, that gives the appearance that there could be. That is because you as participant (whether a minor one or a major one) in that market, had input with respect to the PCGS "guidance". >>
Mark,
All terrific points and well said. I have rarely posted on this board since joining 6 months ago but I think many other collectors feel as I do on this one.
With all due respect, as a collector, PCGS customer, and PCGS proponent, I feel screwed on this one. I rec'd my set from the Mint via Fed Ex 2 hours before the "Guidance" was posted on these.
As you can imagine, like so many others I immediately opened my box to admire my set. Now, I am not able to have my complete set graded and designated even just as a 20th Anniversary Set by PCGS. As a result, I will not grade any of my coins in this set and PCGS has lost revenue. These are the only 3 AGE's I own and I cannot fathom what difference it would make to anyone (other than certain dealers/market makers of 3 piece graded sets) if I submitted my 3 coin set along with proof of receipt in order to have the entire set graded and designated as a 20th Ann. Set. It certainly seems to me that this info was decided and available before a good portion of us rec'd our coins and opened our boxes. As a result, the ability to own a "complete" PCGS 20th Ann. Set has been compromised and further limited due to artificial influences (timing of info release) If this info was out there before any person rec'd a set I'd have no issue at all with anyone.
I cannot, as a business man, see how this makes good sense for PCGS. PCGS loses grading revenue and credibility while alienating its client base. Bottom line = collectors are left unhappy.
Just my worthless 2 cents...........
Roger
You are welcome.
BTW, I've noticed your many posts, which are among the most insightful, positive, and educational on this Forum. Keep up the good work!
President
PCGS CoinFacts - the Internet Encyclopedia of U.S. Coins
www.CoinFacts.com
He has certainly provided a great deal of information to me.
<< <i>Mark: What makes you ASSUME that the positions and thoughts of some of the major COLLECTORS in this First Strike Eagle field were NOT fully considered and analyzed by PCGS with respect to the PCGS Guidance? Would you be pleased to know they were? I can put us on a three-way conference call today with several of these PCGS First Strike Eagle collectors if you desire, who can tell you just how happy they are with having had their view points fully considered by Ron Guth and PCGS. Call me at (949) 394-7122 and we can make arrangements for such three-way calls. Take a drive up to San Clemente and we can do it face to face today
Mitch, you were the one mentioned by Ron and you had made comments about the guidance. If other dealers or collectors had been similarly mentioned and had also made comments regarding the guidance, I would have asked about them.
By the way, I hope it wasn't only "major COLLECTORS" whose "positions and thoughts" were "fully considered and analyzed by PCGS"
Ron, thank you for your very kind comment.
<< <i>I hope the mint does a special 25th anniversary program in 2010 or 2011. >>
No problem.......mint will have all the coins sonically sealed by then and you can just send your fees to your favorite grading company for certification.........
No problem - I thought it might be exciting for both of us to take a slow walk down the pier together with cell phones in hand and discuss the PCGS First Strike Eagle program. Perhaps another time.
Wondercoin
<< <i>.......discuss the PCGS First Strike Eagle program >>
No, please no!
I am amazed/shocked/dumbfounded that this issue (and thread) has made it this far
Thats just from the PCGS side.
The other issue is that at least one collector/dealer knew about the proposed rules and neglected to mention it. Probably just an oversight, but i know if i had been aware that a major new rule that no one had even heard of was going to be coming up, I probably would have let folks know...ASAP. I would feel pretty bad if I just happened to be one of the only guys who knew and was lucky enough to remember in time so I didnt open up all my boxes--as i probably would have done because in the past, its exactly the first thing you do when a box is shipped to you from the mint or any other seller.
I dont mean to single out one person, but as far as i know, only that one person has been identified as assiting in the guidance, which appears to be flawed in a timely manner.
Thats why the thread has legs. It has issues.
Russ
Wondercoin
".SOMETHING SMELLS of CONFLICT OF INTEREST for all Players"
Well said Mark!
Gary
EMAIL:
relictrader@suddenlink.net
<< <i>Maybe next mint issue we will be buying First Strike coins directly from PCGs
I mentioned months ago I thought it would be a great idea for the Mint to rent space in their facilities and let PCGS/NGC/whomever they deemed legit operate there. If you chose to, you added grading fees, picked a TPG and Designation available, and it went right from mint employees to the TPG renting space - graded/slabbed then to you. No screwing around, when the run is over, the TPG can pack up until the next major release. No 2nd guessing, it is either graded then with any special designations, or never.
Probably a pipe dream, and adds as many problems as it solves, but it makes sense on the surface.
"You Suck Award" - February, 2015
Discoverer of 1919 Mercury Dime DDO - FS-101
I also did call PCGS while my shipping box was sealed, and they instructed me to take the coins out and shipping separately from not only the shipping box, but from the laquer boxes. Although earlier in this thread I mentioned that fact, somehow Ron Guth has replied to other posts but not that issue, although i directed it right to him. It appears I do rate the courtesy of a response by Mr. Guth, even though actions were taken because of "guidance by his own staff".
I would also have to be honest is saying that had we talked and I had been given the information that keeping the shipping boxes intact until guidance was provided by PCGS, I would have shared that information with board members, out of courtesy.
So, I guess I missed the boat by not speaking with you, I got outsmarted by PCGS because I listened to someone on their own staff, I got ignored by PCGS when the problem was discovered, and I learned that i should not open my boxes until somebody--but it has to be the right somebody, tells me to.
By the way, the issue in the first place had to do with integrity of the piece. I would think having to submit the items in the laquer box, allowing PCGS to place a hologram on the bottom signifying that box had been submitted and registered, thus not allowing it to be reused over and over, only accepting orders with the matching shipping manifest, or allowing stes mailed before the rules have been posted, to be grandfathered in. Because I would like to think most persons would send in actual sets and not be thinking to replace the regular proof coins. But there seems to be a lot of mistrust that that could occur--but wouldnt that really only occur from dealers? Who else would have a ready supply of coins in which to trade out?
I know, Im naive.
An authorized PCGS dealer, and a contributor to the Red Book.