Qualification for first strike designation?

spotthedog · November 11, 2014 11:37AM

I have thought that if i kept a sealed box from the mint (like 50th anniversary Kennedy sets), that they would qualify for "first strike" designation even if I submitted them a year from now. Is this true? Reading what pcgs says about the qualifications makes me believe otherwise. Thanks.

19Lyds · November 11, 2014 11:49AM

<< I have thought that if i kept a sealed box from the mint (like 50th anniversary Kennedy sets), that they would qualify for "first strike" designation even if I submitted them a year from now. Is this true? Reading what pcgs says about the qualifications makes me believe otherwise. Thanks. >>

The only requirement for the First Strike Designation is that raw coins, meaning out of the shipping box, need to be postmarked for submission within 30 Days of the coins release.

The side step to the qualification, is in being able to "prove" that you received the coin(s) within that 30 Day window. The only ABSOLUTE method of doing so, would be to submit the coins in the unopened original shipping box that the coins arrived in from the Fulfillment Center. That shipping box MUST have a shipping date displayed on the box that falls within the First Strike™ window.

The First Strike Program was implemented in 2005 yet, there are many First Strike™ coins prior to that date. Typically, these are Eagles of some type. How this occurs is that each Monster Box of Silver Eagles has a Quality Control Inspection paper sealed within it. If the date on the Inspection sticker falls within the 30 Day window, the coins within the 500 coin box qualify for First Strike™.

Back to the Kennedy Sets. IF a customer received a box of the Kennedy Sets from the Fulfillment Center within the 30 day window, then that shipping container could be submitted for First Strike™ designation BUT the box seal must be original and untampered with meaning, you cant open them and then reseal them.

Does it make sense now?

Kudbegud · November 11, 2014 12:04PM

Cut off date just posted for First Strike

spotthedog · November 11, 2014 1:14PM

Thanks.

LochNESS · November 11, 2014 3:17PM

I bought a coin last week that is labeled "first strike" ... from 1822 ... from the German state of Anhalt-Bernburg ... and I know for a fact that it was not submitted in the original mint packaging.

I'm still trying to figure out how PCGS determined it was a first strike. Nobody on the darkside forum has shed any light on this, either.

spotthedog · November 11, 2014 5:02PM

?N how zat spelt?

LochNESS · November 11, 2014 5:32PM

<< ?N how zat spelt? >>

How is it spelled? Like this:

Mint Error
(1822-27) 1/24 Thaler
Anhalt-Bernburg
First Strike Brockage Obverse

19Lyds · November 11, 2014 5:36PM

<< 

<< ?N how zat spelt? >>

How is it spelled? Like this:

Mint Error
(1822-27) 1/24 Thaler
Anhalt-Bernburg
First Strike Brockage Obverse >>

Pictures Please............ of the PCGS Slab that is.

LochNESS · November 11, 2014 5:46PM

spotthedog · November 11, 2014 6:28PM

I thought it would say "First Reich".

LochNESS · November 11, 2014 6:52PM

LOL why?

19Lyds · November 11, 2014 9:50PM

<<

>>

Thanks.

So, it appears to be an opinion and not an actual "First Strike" label. Had me worried.

Maybe they are saying that the coin was struck multiple times but the first strike was a brokage?

OPA · November 11, 2014 10:27PM

<< I bought a coin last week that is labeled "first strike" ... from 1822 ... from the German state of Anhalt-Bernburg ... and I know for a fact that it was not submitted in the original mint packaging.

I'm still trying to figure out how PCGS determined it was a first strike. Nobody on the darkside forum has shed any light on this, either. >>

You can't be serious with your post and I don't see the winky .. I do not see the "First Strike" designation on that label.

All I see is a reference of the obverse strike: "First Strike Brockage Obverse" ( I'm not familiar of that term though)

LochNESS · November 12, 2014 3:44AM

<< Thanks. So, it appears to be an opinion and not an actual "First Strike" label. Had me worried. Maybe they are saying that the coin was struck multiple times but the first strike was a brokage? >>

Everything on that label is an opinion. The day you forget that is the day you're in real trouble.

But your conclusion may in fact be the answer which I have been seeking. So thank you - and thanks to you as well, OPA - for providing a serious, thoughtful response.

I have never seen the phrase "first strike" used on any label except the modern First Strike labels. I have also been under the impression that this coin was only struck once anyway ... so I guess a little more investigation is required.

OPA, the word "brockage" refers to the type of error. Since all errors occur in the minting process (the striking process?) it did not occur to me that the phrase "first strike" would be connected to the word "brockage" ... I just thought they were on the same line because the label was crowded with other words.

Thanks for all your inputs.

pcunix · November 13, 2014 12:00AM

<< [
The side step to the qualification, is in being able to "prove" that you received the coin(s) within that 30 Day window. >>

Here's an interesting thought. I just sent in some Silver 50th Anniversary Kennedy's today and did NOT request First Strike labels.

So presumably those will be assigned sequential numbers which would prove that they were originally submitted within the FS window. If someone later decided to re-holder them, could they request that Label?

Has that ever happened, whether denied or allowed?

GBurger717 · November 13, 2014 12:20AM

Since we are on the topic of FS. What does the mints new shipping company mean to the FS label? Now that the mint can ship thousands of orders in less then 48 hours from purchase doesn't that sorda kill the FS label? Take the 4 coin kennedy set as an example. Hoe many of them are FS eligible? 75, 000 plus at the moment or more? I don't know the orders placed yet but every one of them in FS eligible! Your thoughts? I think the FS labels just took a shot and will die a slow death once people see the mint will have stock on hand ready to ship!

AngryTurtle · November 13, 2014 4:57AM

<< 

<< [
The side step to the qualification, is in being able to "prove" that you received the coin(s) within that 30 Day window. >>

Here's an interesting thought. I just sent in some Silver 50th Anniversary Kennedy's today and did NOT request First Strike labels.

So presumably those will be assigned sequential numbers which would prove that they were originally submitted within the FS window. If someone later decided to re-holder them, could they request that Label?

Has that ever happened, whether denied or allowed? >>

IIRC this has been disallowed. Reason being you can not prescreen for 70's, and then resubmit just those for First Strike labels.

19Lyds · November 13, 2014 6:35AM

<< 

<< Thanks. So, it appears to be an opinion and not an actual "First Strike" label. Had me worried. Maybe they are saying that the coin was struck multiple times but the first strike was a brokage? >>

Everything on that label is an opinion. The day you forget that is the day you're in real trouble.

But your conclusion may in fact be the answer which I have been seeking. So thank you - and thanks to you as well, OPA - for providing a serious, thoughtful response.

I have never seen the phrase "first strike" used on any label except the modern First Strike labels. I have also been under the impression that this coin was only struck once anyway ... so I guess a little more investigation is required.

OPA, the word "brockage" refers to the type of error. Since all errors occur in the minting process (the striking process?) it did not occur to me that the phrase "first strike" would be connected to the word "brockage" ... I just thought they were on the same line because the label was crowded with other words.

Thanks for all your inputs.

>>

Send David Hall an email and ask what it means. He should know.

19Lyds · November 13, 2014 6:38AM

<< Since we are on the topic of FS. What does the mints new shipping company mean to the FS label? Now that the mint can ship thousands of orders in less then 48 hours from purchase doesn't that sorda kill the FS label? Take the 4 coin kennedy set as an example. Hoe many of them are FS eligible? 75, 000 plus at the moment or more? I don't know the orders placed yet but every one of them in FS eligible! Your thoughts? I think the FS labels just took a shot and will die a slow death once people see the mint will have stock on hand ready to ship! >>

Well, unless I send mine in for First Strike™ (which I am not going to do) my three sets won't "qualify" come the 1st of December since they are out of the box.

Somehow, I do not think that I am alone considering the number of pictures I've seen.

Additionally, collecting and paying premiums for a First Strike™ slab label is a fools errand.

19Lyds · November 13, 2014 6:41AM

<< 

<< 

<< [
The side step to the qualification, is in being able to "prove" that you received the coin(s) within that 30 Day window. >>

Here's an interesting thought. I just sent in some Silver 50th Anniversary Kennedy's today and did NOT request First Strike labels.

So presumably those will be assigned sequential numbers which would prove that they were originally submitted within the FS window. If someone later decided to re-holder them, could they request that Label?

Has that ever happened, whether denied or allowed? >>

IIRC this has been disallowed. Reason being you can not prescreen for 70's, and then resubmit just those for First Strike labels. >>

Interesting concept and since the submission form is directly tied to the cert numbers, I don't see why you could not do exactly as you've stated. I mean, after all, its only a label which has no real numismatic meaning.

Or are we pulling completely away from "numismatics"?

LochNESS · November 13, 2014 6:51AM

<< Send David Hall an email and ask what it means. He should know. >>

Good idea. I often forget how accessible he's made himself, unlike most top executives (of other companies). I'll do more Googling before I bother him and then perhaps an email will be in order. More on this later.

This is perhaps one of those PCGS Forum topics that is more PCGS-related than coin. But the discussion has been healthy and pleasant. One of the nicer threads I've read this week.

pcunix · November 13, 2014 6:33PM

<< 

<< 

<< 

<< [
The side step to the qualification, is in being able to "prove" that you received the coin(s) within that 30 Day window. >>

Here's an interesting thought. I just sent in some Silver 50th Anniversary Kennedy's today and did NOT request First Strike labels.

So presumably those will be assigned sequential numbers which would prove that they were originally submitted within the FS window. If someone later decided to re-holder them, could they request that Label?

Has that ever happened, whether denied or allowed? >>

IIRC this has been disallowed. Reason being you can not prescreen for 70's, and then resubmit just those for First Strike labels. >>

Interesting concept and since the submission form is directly tied to the cert numbers, I don't see why you could not do exactly as you've stated. I mean, after all, its only a label which has no real numismatic meaning.

Or are we pulling completely away from "numismatics"?

>>

Did First Strike EVER have anything to do with numismatics ?

Though I don't really follow the "prescreen" reasoning as the amount of money paid for the label would be more, right? But it's early AM and what's left of my brain may not be thinking it through.

Qualification for first strike designation?

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