Now that we know how PCGS will designate the coins, I suppose how fast they sell out from the Mint and how well they grade will mostly determine the 69 values. I do think the First Strike® 10th anniversary Proof DCAM will be the key to the set since many sets will be opened and no longer eligible for the designation on the Proof, it should have a much lower First Strike® population than the Reverse Proof. Even in a 69 it should be in demand by those that opened the box and are looking to put together a PCGS First Strike® 10th anniversary set.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>I know the limit was 5,000 on the 2006-W Buffalo's. Anyway, I don't see why the Mint would raise the order limit at this point with over half the maximum mintage sold in a few days at a one-per-household limit unless they were looking to clear them out. >>
I believe the Mint would like to clear out the inventory as fast as possible. So raising the limit from 1 to 5 or 10 per household is a reasonable thing to do.
<< <i>I know the limit was 5,000 on the 2006-W Buffalo's. Anyway, I don't see why the Mint would raise the order limit at this point with over half the maximum mintage sold in a few days at a one-per-household limit unless they were looking to clear them out. >>
I believe the Mint would like to clear out the inventory as fast as possible. So raising the limit from 1 to 5 or 10 per household is a reasonable thing to do. >>
I think it would be more likely for the Mint to cut off sales at the end of the year (which I don't think will happen) than for them to raise the order limits.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>I know the limit was 5,000 on the 2006-W Buffalo's. Anyway, I don't see why the Mint would raise the order limit at this point with over half the maximum mintage sold in a few days at a one-per-household limit unless they were looking to clear them out. >>
I believe the Mint would like to clear out the inventory as fast as possible. So raising the limit from 1 to 5 or 10 per household is a reasonable thing to do. >>
That will be a REAL bad move by the Mint...and they know it.
They depend on us forum types to promote their new stuff.
If they turn on 14,000+ $erious plat set buyer$, they will have hell to pay for future top $$$$ issues!!!
This is really gonna suck. I want to send in the coins for FS designation and I've never done that before. So, when I get the package from the mint, I basically have to take that package and put it in a larger box with the forms and payment and send it to PCGS for grading. Am I correct here? It's going to be hard not opening the package ... and with my luck they'll come back PF65 or so
<< <i>This is really gonna suck. I want to send in the coins for FS designation and I've never done that before. So, when I get the package from the mint, I basically have to take that package and put it in a larger box with the forms and payment and send it to PCGS for grading. Am I correct here? It's going to be hard not opening the package ... and with my luck they'll come back PF65 or so >>
You are correct about the packaging.
Just think about us poor slobs that had to send back 10 sets of ASE's in original case(box).
Big box, in a bigger box!!!!.....Made lots of money .....do not care in the least!
I'm looking at the PCGS Collectors Club Services and Fees and the regular submission doesn't list a minimum. Only economy and modern seem to have the 5 coin minimum.
OK, got it. It was confusing that they changed the requirement after they printed the forms. Good to know! I have some Gold Spouse First Strike I've been waiting for more coins to submit as well but that was still only 4.
So,you buy these special coins,but you cant look at them to make sure that they are in the box?What if the mint screwed up and sent you a proof set or something?Doesnt make any sense.Is First Strike that important?
Great coins are not cheap,and cheap coins are not great!
"What if the mint screwed up and sent you a proof set or something?"
Then you become totally protected when PCGS opens your sealed box under their cameras as opposed to you telling the Mint what they did (your word against theirs if you opened it yourself) - no?
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>So,you buy these special coins,but you cant look at them to make sure that they are in the box?What if the mint screwed up and sent you a proof set or something?Doesnt make any sense.Is First Strike that important? >>
If you open the box only the Reverse Proof will qualify for the First StrikeSM designation so if you plan to get them graded, you should leave the box sealed. You can look at them when you get the coins back and if they are 70's, they will be worth alot more
Never teach a pig to sing. You'll waste your time and annoy the pig
Just sent my set in for First Strike grading with return of the OGP. I hope i get dual FS 70s.
I sent in my TJ Fist Spouses in sealed boxes and for some reason PCGS didn't give me First Strike on them. I sent them in sealed boxes and included the fee. I also wrote in big letters FIRST STRIKE. Anything I can do about that?
<< <i>Just sent my set in for First Strike grading with return of the OGP. I hope i get dual FS 70s.
I sent in my TJ Fist Spouses in sealed boxes and for some reason PCGS didn't give me First Strike on them. I sent them in sealed boxes and included the fee. I also wrote in big letters FIRST STRIKE. Anything I can do about that? >>
Call customer service and tell them. If that is correct, you should be able to send them back and fix it.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>Having not had a chance to inspect them, I just pray that I don't get stuck with a pair of 68's or less. That would be a true disaster. >>
Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening. >>
Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later.
<< <i>Having not had a chance to inspect them, I just pray that I don't get stuck with a pair of 68's or less. That would be a true disaster. >>
Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening. >>
Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later. >>
The APE population numbers do not support your theory. The 70 graded population of PCGS graded $50 PR70DCAM's from 2004-2007 is 10%. The ratio of coins graded less than 69 is only 0.6% with not a single PR68 given for the 2007 $50 Proof. Also keep in mind that the silver eagle set had a mintage of 250,000 and cost was $100 where the platinum set cost is 20x that with 1/5 the mintage of the ASE anniversary set.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>Having not had a chance to inspect them, I just pray that I don't get stuck with a pair of 68's or less. That would be a true disaster. >>
Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening. >>
Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later. >>
The APE population numbers do not support your theory. The 70 graded population of PCGS graded $50 PR70DCAM's from 2004-2007 is 10%. The ratio of coins graded less than 69 is only 0.6% with not a single PR68 given for the 2007 $50 Proof. Also keep in mind that the silver eagle set had a mintage of 250,000 and cost was $100 where the platinum set cost is 20x that with 1/5 the mintage of the ASE anniversary set. >>
Sorry Buff, but I think you missed my point. My point was that when PCGS recieves the first batch of coins, they really do not have a good benchmark for the issue. Thus, I beleive that in the case of the ASE's, they were somewhat more critical of the first submittals. In addition, as a long time plat collector, I have seen many examples and the rims typically do not strike up very well. You can see planchet marks and voids quite easily on the plat issues. Due to the toughness and hardness of the material, it is very hard to get a perfect strike.
The fact that the mint charges 20x the cost of the ASE's is irrelevant to their manufatcuring process. I have shipped many plaats back to the mint because of strike and planchet issues. Why, because when you spend the high dollar for plat coins, you expect high quality. Many times the quality isn't there so they get returned. It all depends on their quality control department.
Bagger you could still submit the RP or sell it on Ebay. I think Wondercoin was gonna buy a set off a guy who had opened his package. I would Pm wonder and see if he wants it. Other option is a return to Mint.
<< <i>Sorry Buff, but I think you missed my point. My point was that when PCGS recieves the first batch of coins, they really do not have a good benchmark for the issue. Thus, I beleive that in the case of the ASE's, they were somewhat more critical of the first submittals. In addition, as a long time plat collector, I have seen many examples and the rims typically do not strike up very well. You can see planchet marks and voids quite easily on the plat issues. Due to the toughness and hardness of the material, it is very hard to get a perfect strike.
The fact that the mint charges 20x the cost of the ASE's is irrelevant to their manufatcuring process. I have shipped many plaats back to the mint because of strike and planchet issues. Why, because when you spend the high dollar for plat coins, you expect high quality. Many times the quality isn't there so they get returned. It all depends on their quality control department. >>
Your beliefs are one thing, facts are another. You claimed you were not sure if would be easier to get two 70's instead of two 68's. The pop reports clearly show that not to be the case and IMO, the pop reports are a better indicator of how well a series grades with the vast number of coins submitted for grading than your experiences with the limited number of coins you have viewed as a 'long time plat collector'.
Never teach a pig to sing. You'll waste your time and annoy the pig
PCGS recieves the first batch of coins, they really do not have a good benchmark for the issue. Thus, I beleive that in the case of the ASE's, they were somewhat more critical of the first submittals. In addition, as a long time plat collector, I have seen many examples and the rims typically do not strike up very well. You can see planchet marks and voids quite easily on the plat issues. Due to the toughness and hardness of the material, it is very hard to get a perfect strike.
<< <i>Sorry Buff, but I think you missed my point. My point was that when PCGS recieves the first batch of coins, they really do not have a good benchmark for the issue. Thus, I beleive that in the case of the ASE's, they were somewhat more critical of the first submittals. In addition, as a long time plat collector, I have seen many examples and the rims typically do not strike up very well. You can see planchet marks and voids quite easily on the plat issues. Due to the toughness and hardness of the material, it is very hard to get a perfect strike.
The fact that the mint charges 20x the cost of the ASE's is irrelevant to their manufatcuring process. I have shipped many plaats back to the mint because of strike and planchet issues. Why, because when you spend the high dollar for plat coins, you expect high quality. Many times the quality isn't there so they get returned. It all depends on their quality control department. >>
Your beliefs are one thing, facts are another. You claimed you were not sure if would be easier to get two 70's instead of two 68's. The pop reports clearly show that not to be the case and IMO, the pop reports are a better indicator of how well a series grades with the vast number of coins submitted for grading than your experiences with the limited number of coins you have viewed as a 'long time plat collector'. >>
The FACT is Buff,
I never claimed that at all. You need to work on your reading comprehension. My statement related to early submittals and lack of a decent benchmark. NOT entire submittal populations.
I never claimed that at all. You need to work on your reading comprehension. My statement related to early submittals and lack of a decent benchmark. NOT entire submittal populations. >>
FLBH:
"Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening."
Coinhog:
"Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later."
You appeared to have misssed it the first time. The pop reports simply do not support your theory about having a good chance at the coins grading a 68. First StrkeSM, ASE's, beliefs and nothing you have posted thus far discredits the fact that you are more likely to receive two 70's than two 68's on the APE 10th anniversary set. Which is the only point I was trying to make.
Never teach a pig to sing. You'll waste your time and annoy the pig
I never claimed that at all. You need to work on your reading comprehension. My statement related to early submittals and lack of a decent benchmark. NOT entire submittal populations. >>
FLBH:
"Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening."
Coinhog:
"Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later."
You appeared to have misssed it the first time. The pop reports simply do not support your theory about having a good chance at the coins grading a 68. First StrkeSM, ASE's, beliefs and nothing you have posted thus far discredits the fact that you are more likely to receive two 70's than two 68's on the APE 10th anniversary set. Which is the only point I was trying to make. >>
And in doing so, you have missed my point. Are you disputing the fact that these platinum coins that are so tough that they require up to 9 strikes to bring up the design could , heaven forbid, grade a 68?? How many plats do you have in your collection? Not your flipping hoard, but your own personal collection that you are passionate about. I've looked at several hundred of them and they typically exhibit rim problems as well as flaky planchets. It is just the nature of the beast. The pop reports are skewed for the plats. The majority of submittals are pre-screened in an attempt to get 70's for the registry sets. Think about. The collectors (the small contingent of maybe 50-75 hardcore), purchase, screen, submit the best examples for their own personal collections.
Look at the pop reports for the halves. They average what, a 6-7 percent grade through at the 70 level. Andthat is based on a lot of pre-screening.
If you think that all of a sudden that your gonna get a higher grade through on 70's on this set, you are deluding yourself. Statistically, you would need to submit maybe 10 sets in order to put together a perfect set. And out of those 10 sets, you will have a good chance of getting some 68's. Why, because they are being sent in blind, with no pre-screening.
I would say the 68 ratio for the 10th anniversary Proof will be less than 1% with 10% or better grading 70. Also, as the Mint claims state of the art technology was used in creating the Revesre Proof dies and the AGE Reverse Proof from last year had the highest 70 ratio of any PCGS coin I am aware of at 52% (with the 20th anniversary AGE Proof grading at 15% 70 ratio), I believe the APE Reverse Proof will have a much higher 70 ratio than the the Proof.
Never teach a pig to sing. You'll waste your time and annoy the pig
Just for the record guys .... just got my set off to PCGS today. I'm a little later than the rest of you, but it's done now. Now just to sit back and pray!
<< <i>I would say the 68 ratio for the 10th anniversary Proof will be less than 1% with 10% or better grading 70. Also, as the Mint claims state of the art technology was used in creating the Revesre Proof dies and the AGE Reverse Proof from last year had the highest 70 ratio of any PCGS coin I am aware of at 52% (with the 20th anniversary AGE Proof grading at 15% 70 ratio), I believe the APE Reverse Proof will have a much higher 70 ratio than the the Proof. >>
I agree.
Also, for the record, I sent off 5 sets yesterday. What do you think the chances of me getting a set of 70s are now? :-) ~n
<< <i>I would say the 68 ratio for the 10th anniversary Proof will be less than 1% with 10% or better grading 70. Also, as the Mint claims state of the art technology was used in creating the Revesre Proof dies and the AGE Reverse Proof from last year had the highest 70 ratio of any PCGS coin I am aware of at 52% (with the 20th anniversary AGE Proof grading at 15% 70 ratio), I believe the APE Reverse Proof will have a much higher 70 ratio than the the Proof. >>
Comments
cancel the set then reorder. Very strange but true.
Camelot
<< <i>From a little bird at the Mint. Folks are twitchy, they order a set,
cancel the set then reorder. Very strange but true. >>
I didn't know bears were fickle creatures!!!
Camelot
<< <i>I know the limit was 5,000 on the 2006-W Buffalo's. Anyway, I don't see why the Mint would raise the order limit at this point with over half the maximum mintage sold in a few days at a one-per-household limit unless they were looking to clear them out. >>
I believe the Mint would like to clear out the inventory as fast as possible. So raising the limit from 1 to 5 or 10 per household is a reasonable thing to do.
<< <i>
<< <i>I know the limit was 5,000 on the 2006-W Buffalo's. Anyway, I don't see why the Mint would raise the order limit at this point with over half the maximum mintage sold in a few days at a one-per-household limit unless they were looking to clear them out. >>
I believe the Mint would like to clear out the inventory as fast as possible. So raising the limit from 1 to 5 or 10 per household is a reasonable thing to do. >>
I think it would be more likely for the Mint to cut off sales at the end of the year (which I don't think will happen) than for them to raise the order limits.
<< <i>
<< <i>I know the limit was 5,000 on the 2006-W Buffalo's. Anyway, I don't see why the Mint would raise the order limit at this point with over half the maximum mintage sold in a few days at a one-per-household limit unless they were looking to clear them out. >>
I believe the Mint would like to clear out the inventory as fast as possible. So raising the limit from 1 to 5 or 10 per household is a reasonable thing to do. >>
That will be a REAL bad move by the Mint...and they know it.
They depend on us forum types to promote their new stuff.
If they turn on 14,000+ $erious plat set buyer$, they will have hell to pay for future top $$$$ issues!!!
JMHO!
http://ProofCollection.Net
<< <i>This is really gonna suck. I want to send in the coins for FS designation and I've never done that before. So, when I get the package from the mint, I basically have to take that package and put it in a larger box with the forms and payment and send it to PCGS for grading. Am I correct here? It's going to be hard not opening the package ... and with my luck they'll come back PF65 or so
You are correct about the packaging.
Just think about us poor slobs that had to send back 10 sets of ASE's in original case(box).
Big box, in a bigger box!!!!.....Made lots of money .....do not care in the least!
If you get a PF65....could be quite rare!!!!!
<< <i>And we can send in only 2 coins under the economy service level at $30ea (+10 for FS)? We dont' have to send in 5? >>
You need to send them under the regular ($30/coin) tier. There is minimum.
http://ProofCollection.Net
<< <i>So if we're only sending in one set (2 coins), we have to use Special Express level submission ($50ea)? >>
You can use the Regular tier if you want as long as the declared value is less than $3,000 per coin.
http://ProofCollection.Net
<< <i>
<< <i>So if we're only sending in one set (2 coins), we have to use Special Express level submission ($50ea)? >>
You can use the Regular tier if you want as long as the declared value is less than $3,000 per coin. >>
But what about the minimum (5 coins)? It doesn't apply?
http://ProofCollection.Net
Linky
<< <i>
<< <i>
<< <i>So if we're only sending in one set (2 coins), we have to use Special Express level submission ($50ea)? >>
You can use the Regular tier if you want as long as the declared value is less than $3,000 per coin. >>
But what about the minimum (5 coins)? It doesn't apply? >>
There is no longer a five coin minimum for the Regular tier. You can send any coin(s) as long as the declared value is less than $3,000 each.
http://ProofCollection.Net
Then you become totally protected when PCGS opens your sealed box under their cameras as opposed to you telling the Mint what they did (your word against theirs if you opened it yourself) - no?
Wondercoin
<< <i>So,you buy these special coins,but you cant look at them to make sure that they are in the box?What if the mint screwed up and sent you a proof set or something?Doesnt make any sense.Is First Strike that important? >>
If you open the box only the Reverse Proof will qualify for the First StrikeSM designation so if you plan to get them graded, you should leave the box sealed. You can look at them when you get the coins back and if they are 70's, they will be worth alot more
I sent in my TJ Fist Spouses in sealed boxes and for some reason PCGS didn't give me First Strike on them. I sent them in sealed boxes and included the fee. I also wrote in big letters FIRST STRIKE. Anything I can do about that?
<< <i>Just sent my set in for First Strike grading with return of the OGP. I hope i get dual FS 70s.
I sent in my TJ Fist Spouses in sealed boxes and for some reason PCGS didn't give me First Strike on them. I sent them in sealed boxes and included the fee. I also wrote in big letters FIRST STRIKE. Anything I can do about that? >>
Call customer service and tell them. If that is correct, you should be able to send them back and fix it.
http://ProofCollection.Net
<< <i>Having not had a chance to inspect them, I just pray that I don't get stuck with a pair of 68's or less. That would be a true disaster. >>
Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening.
http://ProofCollection.Net
<< <i>
<< <i>Having not had a chance to inspect them, I just pray that I don't get stuck with a pair of 68's or less. That would be a true disaster. >>
Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening. >>
Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later.
<< <i>
<< <i>
<< <i>Having not had a chance to inspect them, I just pray that I don't get stuck with a pair of 68's or less. That would be a true disaster. >>
Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening. >>
Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later. >>
The APE population numbers do not support your theory. The 70 graded population of PCGS graded $50 PR70DCAM's from 2004-2007 is 10%. The ratio of coins graded less than 69 is only 0.6% with not a single PR68 given for the 2007 $50 Proof. Also keep in mind that the silver eagle set had a mintage of 250,000 and cost was $100 where the platinum set cost is 20x that with 1/5 the mintage of the ASE anniversary set.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>
<< <i>
<< <i>
<< <i>Having not had a chance to inspect them, I just pray that I don't get stuck with a pair of 68's or less. That would be a true disaster. >>
Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening. >>
Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later. >>
The APE population numbers do not support your theory. The 70 graded population of PCGS graded $50 PR70DCAM's from 2004-2007 is 10%. The ratio of coins graded less than 69 is only 0.6% with not a single PR68 given for the 2007 $50 Proof. Also keep in mind that the silver eagle set had a mintage of 250,000 and cost was $100 where the platinum set cost is 20x that with 1/5 the mintage of the ASE anniversary set. >>
Sorry Buff, but I think you missed my point. My point was that when PCGS recieves the first batch of coins, they really do not have a good benchmark for the issue. Thus, I beleive that in the case of the ASE's, they were somewhat more critical of the first submittals. In addition, as a long time plat collector, I have seen many examples and the rims typically do not strike up very well. You can see planchet marks and voids quite easily on the plat issues. Due to the toughness and hardness of the material, it is very hard to get a perfect strike.
The fact that the mint charges 20x the cost of the ASE's is irrelevant to their manufatcuring process. I have shipped many plaats back to the mint because of strike and planchet issues. Why, because when you spend the high dollar for plat coins, you expect high quality. Many times the quality isn't there so they get returned. It all depends on their quality control department.
<< <i>So what would one do if their spouse opened up the package? Supposedly it can be put back to look sealed, but it's not. >>
Slap her up along side the haid for opening it or slap yerself for not telling her NOT TO OPEN them.
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<< <i>Sorry Buff, but I think you missed my point. My point was that when PCGS recieves the first batch of coins, they really do not have a good benchmark for the issue. Thus, I beleive that in the case of the ASE's, they were somewhat more critical of the first submittals. In addition, as a long time plat collector, I have seen many examples and the rims typically do not strike up very well. You can see planchet marks and voids quite easily on the plat issues. Due to the toughness and hardness of the material, it is very hard to get a perfect strike.
The fact that the mint charges 20x the cost of the ASE's is irrelevant to their manufatcuring process. I have shipped many plaats back to the mint because of strike and planchet issues. Why, because when you spend the high dollar for plat coins, you expect high quality. Many times the quality isn't there so they get returned. It all depends on their quality control department. >>
Your beliefs are one thing, facts are another. You claimed you were not sure if would be easier to get two 70's instead of two 68's. The pop reports clearly show that not to be the case and IMO, the pop reports are a better indicator of how well a series grades with the vast number of coins submitted for grading than your experiences with the limited number of coins you have viewed as a 'long time plat collector'.
<< <i>
<< <i>Sorry Buff, but I think you missed my point. My point was that when PCGS recieves the first batch of coins, they really do not have a good benchmark for the issue. Thus, I beleive that in the case of the ASE's, they were somewhat more critical of the first submittals. In addition, as a long time plat collector, I have seen many examples and the rims typically do not strike up very well. You can see planchet marks and voids quite easily on the plat issues. Due to the toughness and hardness of the material, it is very hard to get a perfect strike.
The fact that the mint charges 20x the cost of the ASE's is irrelevant to their manufatcuring process. I have shipped many plaats back to the mint because of strike and planchet issues. Why, because when you spend the high dollar for plat coins, you expect high quality. Many times the quality isn't there so they get returned. It all depends on their quality control department. >>
Your beliefs are one thing, facts are another. You claimed you were not sure if would be easier to get two 70's instead of two 68's. The pop reports clearly show that not to be the case and IMO, the pop reports are a better indicator of how well a series grades with the vast number of coins submitted for grading than your experiences with the limited number of coins you have viewed as a 'long time plat collector'. >>
The FACT is Buff,
I never claimed that at all. You need to work on your reading comprehension. My statement related to early submittals and lack of a decent benchmark. NOT entire submittal populations.
<< <i>The FACT is Buff,
I never claimed that at all. You need to work on your reading comprehension. My statement related to early submittals and lack of a decent benchmark. NOT entire submittal populations. >>
FLBH:
"Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening."
Coinhog:
"Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later."
You appeared to have misssed it the first time. The pop reports simply do not support your theory about having a good chance at the coins grading a 68. First StrkeSM, ASE's, beliefs and nothing you have posted thus far discredits the fact that you are more likely to receive two 70's than two 68's on the APE 10th anniversary set. Which is the only point I was trying to make.
<< <i>
<< <i>The FACT is Buff,
I never claimed that at all. You need to work on your reading comprehension. My statement related to early submittals and lack of a decent benchmark. NOT entire submittal populations. >>
FLBH:
"Chances are far better you will get two 70's (and that's probably not very good odds) instead of that happening."
Coinhog:
"Not so sure about that. I sent in 3 sets of the ASE 20th anniversary sets with 1 day of the first shipment from the mint. They came back as First strike but 2 out of 3 of the Revers proofs came back as 68's. Now take into account that silver is a much easier metal to strike than platinum, there is a good chance that you could definitely end up with 68's on this issue. I personally think that 70's are much harder to get on the first submittals that PCGS sees than submittals that are sent in a week later."
You appeared to have misssed it the first time. The pop reports simply do not support your theory about having a good chance at the coins grading a 68. First StrkeSM, ASE's, beliefs and nothing you have posted thus far discredits the fact that you are more likely to receive two 70's than two 68's on the APE 10th anniversary set. Which is the only point I was trying to make. >>
And in doing so, you have missed my point. Are you disputing the fact that these platinum coins that are so tough that they require up to 9 strikes to bring up the design could , heaven forbid, grade a 68?? How many plats do you have in your collection? Not your flipping hoard, but your own personal collection that you are passionate about. I've looked at several hundred of them and they typically exhibit rim problems as well as flaky planchets. It is just the nature of the beast. The pop reports are skewed for the plats. The majority of submittals are pre-screened in an attempt to get 70's for the registry sets. Think about. The collectors (the small contingent of maybe 50-75 hardcore), purchase, screen, submit the best examples for their own personal collections.
Look at the pop reports for the halves. They average what, a 6-7 percent grade through at the 70 level. Andthat is based on a lot of pre-screening.
If you think that all of a sudden that your gonna get a higher grade through on 70's on this set, you are deluding yourself. Statistically, you would need to submit maybe 10 sets in order to put together a perfect set. And out of those 10 sets, you will have a good chance of getting some 68's. Why, because they are being sent in blind, with no pre-screening.
<< <i>I would say the 68 ratio for the 10th anniversary Proof will be less than 1% with 10% or better grading 70. Also, as the Mint claims state of the art technology was used in creating the Revesre Proof dies and the AGE Reverse Proof from last year had the highest 70 ratio of any PCGS coin I am aware of at 52% (with the 20th anniversary AGE Proof grading at 15% 70 ratio), I believe the APE Reverse Proof will have a much higher 70 ratio than the the Proof. >>
I agree.
Also, for the record, I sent off 5 sets yesterday.
What do you think the chances of me getting a set of 70s are now? :-)
~n
<< <i>I would say the 68 ratio for the 10th anniversary Proof will be less than 1% with 10% or better grading 70. Also, as the Mint claims state of the art technology was used in creating the Revesre Proof dies and the AGE Reverse Proof from last year had the highest 70 ratio of any PCGS coin I am aware of at 52% (with the 20th anniversary AGE Proof grading at 15% 70 ratio), I believe the APE Reverse Proof will have a much higher 70 ratio than the the Proof. >>
Hope springs eternal!