Remember when? 2004 ASE in MS70

thestig

coin talk

In search of the mystery behind the 2004 ASE in MS70.

does it really exist? What does area 51, I mean PCGS have to say about the phenomena, UFO/aliens/the 2004 MS70 ASE mystery?

thestig

Any one know how many pcgs 2004 MS70 ASE there are?

Is there a gag order on the subject?

Griv

There are zero. Mystery solved.

thestig

<< <i>There are zero. Mystery solved. >>



Has there been allot of ngc coins going in for a crossover?

What is the official reason there is not one 2004 in MS70?

Out of 9,617,000 coins they wont grade a single one, even to this day?

I see why your afraid to talk about it. There must have been a vote that year, because of insurance claims, and premiums right?

In a Bill Clinton voice similar to him speaking in public about the red dress scandal. I did not have, or I will never grade a 2004 Silver eagle.
I repeat I did not have, or will ever grade a single 2004 silver eagle in MS70!

I guess that makes you pretty mad regarding what grade they are willing to assign to a coin.

Mystery solved.




rare coin.

thestig

statement regarding new policy..

Therefore a flood of 2004 ASE should now qualify for the grade.

The coins I have in ms 70 have no milk spotting at all.

Good luck.

Effective June 28, 2007, PCGS began grading Mint State Silver American Eagles for the years 2006 and 2007 based on their condition at the time of grading, without regard to the probability of future spotting. In the past, PCGS was reluctant to grade any Silver Eagles MS-70 because of the significant possibility of future milk-spotting on the surfaces of the metal, which often seem to appear after the coins are minted and even after they have been graded. While milk spots are still an issue for Silver Eagles, the quality of the 2006 and 2007 Silver American Eagles is fantastic and the coins merit consideration at the top grade of MS-70 (the PCGS grading standard for MS-70 requires “flawless surfaces under 5x magnification”).



<< <i>PCGS expects to find a fair number of MS-70 examples of the Silver American Eagles, based on the quality of the coins submitted thus far. >>



<< <i>the quality of the 2006 and 2007 Silver American Eagles is fantastic >>




<< <i> PCGS was reluctant to grade any Silver Eagles MS-70 because of the significant possibility of future milk-spotting on the surfaces of the metal, which often seem to appear after the coins are minted and even after they have been graded. While milk spots are still an issue for Silver Eagles >>



Is there a contradiction in these statements? (The loosing of grade reflects the future of the MS70 ASE..) was it only for fear of milk spotting?
Non milk spot coins should cross! I implore you to break out your 10X microscopes and look for flaws in your ASE collection. You know have the standard that exceeds all expectations of the 5X test...

In order to find the average total of the so called fair Number that should exist, its time to make the comparison.




The 2006 estimate comes in at an average of 4% out of 158059 coins graded.
The 2007 comes in at an average of 5% out of 92566 coins graded.
The 2008 comes in at an average of 9% out of 64991 coins graded.

The 3 year average total comes in at 5% out of 315616 coin graded.

For the year of 2004 2.2% come in at MS70 out of 81013 coins graded.

Its a reasonable assumption that the 2004 ASE was of slightly lesser quality, and 2.2% seems Like the, so called fair Number that should exist. Thats More than 50% less then the total average # of coins graded for the 3 previous years. IMO it is now a fact, and by merit should reflect in the population report..

<< <i> the quality of the 2006 and 2007 Silver American Eagles is fantastic and the coins merit consideration at the top grade of MS-70 >>

IMO this statement should merit all previous years according to the new standard.

thestig

I may have lashed out somewhat in retaliation of sarcasm.
I did spend allot of time on this thread, and would like to here your opinions.

Thanks you for understanding.