Who said First Strike designation didn't bring the big bucks????
Goldbully
Posts: 17,689 ✭✭✭✭✭
The First Strke designation always seems to bring a higher premium.....but $450!!!!
Glad my 2009 MS70 UHR is FS!!!
Glad my 2009 MS70 UHR is FS!!!
0
Comments
<< <i>$550 >>
Thanks....guess I need a calculator!!!!
OMG....I stand corrected.....look at the $50 2008-W Gold Buff Proof!!!!!
$1550!!!!!!!!
<< <i>Who said First Strike designation didn't bring the big bucks???? >>
no one.
people just question why it brings the extra bucks.
<< <i>
<< <i>Who said First Strike designation didn't bring the big bucks???? >>
no one.
people just question why it brings the extra bucks. >>
Sage advice, Ms. M
<< <i>The First Strke designation always seems to bring a higher premium.....but $450!!!!
Glad my 2009 MS70 UHR is FS!!!
Who said First Strike designation didn't bring the big bucks????
The people who own them in grades 69 and below.
I will slab my flips as FS if possible. I won't buy them, for any premium at least, that way though.
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 just see a big potential for loss.
Something I would have a hard time holding on to with those
premium's. Out of all the buillion coinage I do like the buffalos the best they are a classic.
ZeroHedge makes debut at White House press corps briefing
<< <i>I'm glad mine is still in the mint box. >>
Hopefully its sealed and First Strike eligible.
<< <i>
I will slab my flips as FS if possible. I won't buy them, for any premium at least, that way though. >>
Me too!
<< <i>Ah, you mean the 'P.T. Barnum specials'? Yep, there are those that unknowingly waste their money on this 'created' form of commercialism. Cheers, RickO >>
You might have a valid point but other things in coin collecting are the same way yet don't seem to get the criticism. Say the premium difference between a 65 and 66 or toning or not toned, green stickers and the like. These may or may not reflect real differences on the coin but if they do they are often so minute and premium differences are so large that it seems PT Barnum's tent is much bigger than we think. It all seems silly to me but that is the way it is so I live with it.
<< <i>You might have a valid point but other things in coin collecting are the same way yet don't seem to get the criticism. Say the premium difference between a 65 and 66 or toning or not toned, green stickers and the like. These may or may not reflect real differences on the coin but if they do they are often so minute and premium differences are so large that it seems PT Barnum's tent is much bigger than we think. It all seems silly to me but that is the way it is so I live with it. >>
Yes and no. With First Strike, there is absolutely no way to differentiate two identical coins other than the plastic. It's the only designation that could not be re-acquired should the coin be broken from its holder and sent in raw. The grade can stay the same, pedigrees can be re-found, CAC can re-sticker, but First Strike is dependent only on an arbitrary cutoff point.
When you get to coins even of the same grade, there can certainly be quality differences, hence strong and weak coins for a grade. And sometimes you can argue that a non-stickered coin may even sell for more because it is nicer. Maybe it would get the sticker but wasn't submitted. That's fine; it's value is based on the coin. The only reason a PR70DCAM coin is less valuable than the same coin in PR70DCAM First Strike is because of what the label says. It doesn't have anything to do with the grading service or the quality of the coin.
<< <i>
<< <i>You might have a valid point but other things in coin collecting are the same way yet don't seem to get the criticism. Say the premium difference between a 65 and 66 or toning or not toned, green stickers and the like. These may or may not reflect real differences on the coin but if they do they are often so minute and premium differences are so large that it seems PT Barnum's tent is much bigger than we think. It all seems silly to me but that is the way it is so I live with it. >>
Yes and no. With First Strike, there is absolutely no way to differentiate two identical coins other than the plastic. It's the only designation that could not be re-acquired should the coin be broken from its holder and sent in raw. The grade can stay the same, pedigrees can be re-found, CAC can re-sticker, but First Strike is dependent only on an arbitrary cutoff point.
When you get to coins even of the same grade, there can certainly be quality differences, hence strong and weak coins for a grade. And sometimes you can argue that a non-stickered coin may even sell for more because it is nicer. Maybe it would get the sticker but wasn't submitted. That's fine; it's value is based on the coin. The only reason a PR70DCAM coin is less valuable than the same coin in PR70DCAM First Strike is because of what the label says. It doesn't have anything to do with the grading service or the quality of the coin. >>
Some good points but part of my point was that often the "quality differences" are subjective but the selling prices are huge in some cases so geting a quality grade is frequently more of a roll of the dice than reality. What proves this are the stories told of multiple submissions with widely different results on the SAME COIN! So you could make the case that these are arbitrary labels that affect the value of a coin, sometimes greatly. In theory, the first strikes are better coin strikes but I agree that it is a weak claim. Anyway, collecting labels is often important to people to keep a set internally consistant so with lower numbers available the laws of supply and demand take over.
<< <i>The First Strke designation always seems to bring a higher premium.....but $450!!!!
Glad my 2009 MS70 UHR is FS!!!
GB actually the spread is even greater on eBay...closer to $700 last time l checked about 1 month ago.
It is just human nature ... and PCGS has a great marketing concept with "First Strike", which is often described as essentially "what collectors want".
At various times in the past when I have tried to explain to collectors that "First Strike" is really just about a label and not the coin itself and perhaps they might want to consider buying the non-First Strike identical coin for less money, I remember one customer seriously (and mildly disturbed) asking me whether I simply "wanted to keep the First Strikes for myself".
Wondercoin
<< <i>I remember one customer seriously (and mildly disturbed) asking me whether I simply "wanted to keep the First Strikes for myself" >>
Well, did you? If so, you made the correct choice with the UHR's .....
Wondercoin
<< <i>
<< <i>I remember one customer seriously (and mildly disturbed) asking me whether I simply "wanted to keep the First Strikes for myself" >>
Well, did you? If so, you made the correct choice with the UHR's .....
Two Touches!!!!
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.