Silly labels have finally gone too far

That ship sailed, on both sides of the street.

@dbtunr said:
Isn't using sports a good way to get kids interested in coins? Make great gifts for nephews and nieces at Christmas. What's the harm?

FYI - I believe only NGC can use official MLB logos on labels as they paid for that right.

The 2014 Baseball Hall of Fame Dollars certified by PCGS in the Hall of Fame player Signature Label holders were far more collectible on a demographic basis. The new NGC labels are hardly marketable on as broad a demographic.

Wow. I am speechless.

Unreal!

Hokey Hokey Hokey.

Cheap and degrading to the hobby.

I wonder how many will go to CAC.

Now if labels were added not replacing for resubmitted slabs that would make for an interesting collectible.

Personally, I don't see any difference between these labels and retro labels or any other special label (not including first strike labels). It is all about marketing and profits.

They will sell ! Smart idea and Kudos to Miles Standish! Great friend and doing a great selling tool at NGC now. Remember folks, it's what fans will buy/ Jome shopping network type stuff.

@oih82w8 said:
Good gravy! I foresee a "presidental" label coming up for next week.

Hopefully they only offer those on error coins.

Lame, but I can see how it would appeal to the noncollecting public, so I don't really blame 'em for trying to cash in.

If I were a Cubs fan (and I'm not a sports fan at all), I suppose I would rather have one of those than a lot of souvenirs, but yeah... it is rather silly.

What surprises me is how FAST, though. They must've had this stuff ready in advance, which presumes there were also labels made proclaiming the Indians as the champions? Now that would be the one to have, if any escaped. Sorta like the "Dewey Defeats Truman" newspapers.

Imagine a Cleveland Indians label with an Indian gold coin inside. That would be trippy.

It does make the regular labels look clean to me.

I see it as a larger, overall problems with both tpgs.

While I'm generally in the pre-1830 era, I've dabbled in some modern pieces. I found the five ounce pucks fun in specimen form. Inexpensive, pretty.

But the values are all over the board, and for the very same coins.

Non-first strike (which is the same coin as a first strike), First Strike, Signed by Mercanti, First Strike COMBINED with Mercanti sig, Roosevelt label...

And different perceived values attributed to each.

While I love our early Federal coinage, I may end up dumping my entire collection, as NONE are available with a Scot or Rittenhouse signature.

While a few special labels may be fun toward bringing young people into the hobby, it's gone way too far.

EC

@dbtunr said:

@coindeuce said:

@dbtunr said:
Isn't using sports a good way to get kids interested in coins? Make great gifts for nephews and nieces at Christmas. What's the harm?

FYI - I believe only NGC can use official MLB logos on labels as they paid for that right.

The 2014 Baseball Hall of Fame Dollars certified by PCGS in the Hall of Fame player Signature Label holders were far more collectible on a demographic basis. The new NGC labels are hardly marketable on as broad a demographic.

I agree to you and everyone else who knows about this stuff. But to a kid who's never even seen a silver dollar before and is a big Cubs fan? I just see no harm in this is all. for $25 they make a nice stocking stuffer.

I don't see any way that these can be sold for $25 and make a profit.

@ms70 said:
If they have those I'm sure they have a huge stack of Trump and Clinton labels waiting for next week.

Ouch!

When you really think about it, anything in the world is only "worth" what someone decides to pay for it.

This is just one example of a continuum that extends to infinity in both directions. IMHO, there is no "line" that this particular item crosses in order to "go too far" in an absolute sense, although, to the OP, I do recognize and respect your opinion.

I would ask you, without the reference to the Cubs event, the rest of the item is on the "okay" side of your personal line?

From my point of view, there is no interest in any of it, and that includes the "coin" at any price over current melt value

You may think these are silly, but I think they are fun. Just may order one too. GO CUBBIES!!!

The labels I never understood are the Miles Standish labels. Why would anyone want a label with his signature? Just cause he worked at the grading company? I guess it could be some inside joke I'm not part of. At least some of the other autograph labels like Mercanti or Moy have something to do with the actual coins.

As long as we have fun with our coins

I won't buy any, but believe others should have the right to do so. Live & let live.

Most who buy these are not spending money they would have spent on other numismatic items, but are spending money they may have spent on other sports collectibles.

I'm waiting for a 2009 proof Silver Eagle with a 1994 World Series label.
.
.
Still waiting . . .

@DCW said:
Who is singling out a TPG? I'm just showing you an email from govmint.com. I'm well aware that "label madness" has infected all of the major TPGs.
The labels, spacehayduke, really dont define someone's taste in numismatics (which is about collecting coins.)
Of course people can buy what they like.
But again, what do the Cubs have to do with the coins? I think (and it is my opinion) that all the stupid variations in labels cheapens the brand.

No worries, we can disagree on this one. When the Giants won the Series, the same flood of Giant labels occurred from both TPG's and boy was I tempted. But I am not into modern bullion coins. This kind of marketing for bullion coins will get grandma's buying a coin for a grandson that may not otherwise know anything about coins. So there is a positive outcome.

Best, SH