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What is a First Day of Issue label worth?

HATTRICKHATTRICK Posts: 2,593 ✭✭✭✭✭
in U.S. Coin Forum
Saw a First Day of Issue label for an NGC 2015 Proof Silver Eagle. ( for coins purchased on the first day ).
The retail price was over a $ 100 more that a regular blue label Early Release coin.
Do you think a coin bought from the mint on a specific day, everything else being identical, is worth a $ 100 more than one purchased the next day?

I say NO WAY. What are your thoughts?
image
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater

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    jayPemjayPem Posts: 4,119 ✭✭✭✭✭
    NO WAY +1
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    messydeskmessydesk Posts: 20,848 ✭✭✭✭✭
    I also say "no way" while at the same time thank those who disagree and thus provide TPGs with a revenue stream that doesn't have to come from my pocket.
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
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    wondercoinwondercoin Posts: 17,138 ✭✭✭✭✭
    Pcgs gets $65 to grade a $49 coin. I hope they grade a Ton at the show. Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    Paper stock is cheap and so is ink. The biggest expense is the labor to print it and put it in the holder.

    Considering all that, I'd say it's worth about $1.26
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    Type2Type2 Posts: 13,985 ✭✭✭✭✭
    What ever a sucker will pay. image


    Hoard the keys.
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    291fifth291fifth Posts: 25,233 ✭✭✭✭✭
    The premium should be zero.
    All glory is fleeting.
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    CameonutCameonut Posts: 7,436 ✭✭✭✭✭
    In my mind, first day or first strike commands no premium.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

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    OverdateOverdate Posts: 7,320 ✭✭✭✭✭
    << What is a First Day of Issue label worth? >>

    Ask a stamp collector. image

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    ChangeInHistoryChangeInHistory Posts: 3,126 ✭✭✭✭✭


    << <i>I also say "no way" while at the same time thank those who disagree and thus provide TPGs with a revenue stream that doesn't have to come from my pocket. >>



    That's a great way to think of it.
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    FullStrikeFullStrike Posts: 4,353 ✭✭✭
    There are people that value Official US Mint trash ( I'm thinking waffled coins) so why not First Day of Issue?

    If they try hard enough they might come up with many more labels also.
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    GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭


    << <i>Ask a stamp collector. >>




    image
    Ed
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    thisnamztakenthisnamztaken Posts: 4,101 ✭✭✭✭✭


    << <i>
    Do you think a coin bought from the mint on a specific day, everything else being identical, is worth a $ 100 more than one purchased the next day? >>



    Not to me.
    I never thought that growing old would happen so fast.
    - Jim
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    BarberFanaticBarberFanatic Posts: 671 ✭✭✭✭


    << <i>The premium should be zero. >>



    Agree 100%
    My current coin collecting interests are: (1) British coins 1838-1970 in XF-AU-UNC, (2) silver type coins in XF-AU with that classic medium gray coloration and exceptional eye appeal.
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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭


    << <i>In my mind, first day or first strike commands no premium. >>

    They do if a collector sets First Day or First Strike as their "personal" goal.

    I can understand having that goal but it's really a fools game IMHO.
    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.



    The name is LEE!
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    19Lyds19Lyds Posts: 26,524 ✭✭✭✭


    << <i><< What is a First Day of Issue label worth? >>

    Ask a stamp collector. image >>

    Ba-dop Bop!
    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.



    The name is LEE!
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    SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭


    << <i><< What is a First Day of Issue label worth? >>

    Ask a stamp collector. image >>



    POTD image
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    To me - worthless.... to trivia collectors, maybe a bit....people collect strange things...Cheers, RickO
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    2ndCharter2ndCharter Posts: 1,743 ✭✭✭✭✭
    To a homeless person hired by Kevin Lipton, it's probably worth a lot.

    Member ANA, SPMC, SCNA, FUN, CONECA

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    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    To many the $100 is just a piece of paper too. image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794

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