I for one hope they (USMint) do not issue a EU set each year forward.
This in my humble opinion should be a 'one off' for the 225th Anniversary.
Also, I do believe this set will do much better in the long run, I too see this set
@ $50-$75 down the road in OGP.
From what I see and read this set is being broken up for grading and individual coin sale(s).
How many, two years from now, will be in OGP?
Personally I know of at least three sets that will be...
~HABE FIDUCIAM IN DOMINO III V VI / III XVI~ POST NUBILA PHOEBUS / AFTER CLOUDS, SUN Love for Music / Collector of Dreck
the ngc vs pcgs spead is now closer to a 40 percent difference in price. ngc is mostly loved by the older baby boomers, which are no longer collecting coins
I seem to have more "milk spot" problems with PCGS. Put away 10 of the 2006 2 coin set of the Proof PCGS69's and they all developed the spots. NGC coins that were put away(a safe) did not develop the spots. PCGS used to pay you money back if they develop these spots; now charge to try to remove them.
@jessewvu said:
How many are we down to? Someone should call Michael white and ask him if they are going to sell to 225
Coin World has a new article out (they have at least one per week on this set), and sometimes I wonder if they don't follow this thread...
Anyway, there are only two salient new points in the article:
Coin World has asked Mint officials about and is awaiting response concerning what officials plan to do with sets returned as damaged, and how that will affect the total number of sets.
And
Coin World has asked Mint officials to identify who placed the order for 20,000 sets, totaling $599,000 plus shipping, and whether the customer, or the Mint, cancelled the order and for what reason.
Yeah, let's out the party who placed the 20K order! (I'm not sure it's within the Mint's purview to dox an individual. A company, maybe. Embarrass them so they don't do something stupid like this again.)
If it was the Mint that cancelled the order, I think they would have gotten in front of all this and stated that. I think it was a customer cancellation.
@Ka1956 said:
I seem to have more "milk spot" problems with PCGS. Put away 10 of the 2006 2 coin set of the Proof PCGS69's and they all developed the spots. NGC coins that were put away(a safe) did not develop the spots. PCGS used to pay you money back if they develop these spots; now charge to try to remove them.
Is the PCGS milk spot problem appearing on non-silver coins? I thought it was a PCGS/silver problem.
@Ka1956 said:
I seem to have more "milk spot" problems with PCGS. Put away 10 of the 2006 2 coin set of the Proof PCGS69's and they all developed the spots. NGC coins that were put away(a safe) did not develop the spots. PCGS used to pay you money back if they develop these spots; now charge to try to remove them.
So, what has this got to do with this thread? Milk spots occur on silver coins and not clad coins. Since the 225th Anniv set is comprised of all clad coins, it has no bearing on this set.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@coinpalice said:
the ngc vs pcgs spead is now closer to a 40 percent difference in price. ngc is mostly loved by the older baby boomers, which are no longer collecting coins
It may also reflect the appearance that NGC's grading of modern coins is more relaxed compared to PCGS.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
The real question is whether the Mint decides to go back and strike some more.
Current max sales right now is around 197.5K. Even if some of that is returns being processed, the mint is (probably) still looking at over 25K sets short of mintage. That might make it worthwhile to do a short run.
On the other hand, they may just want the EU set out of the way before the 4-medal AmLib set goes on sales next month. And I am still suspicious that the Mint's November and December schedule is bare...
@Ka1956 said:
I seem to have more "milk spot" problems with PCGS. Put away 10 of the 2006 2 coin set of the Proof PCGS69's and they all developed the spots. NGC coins that were put away(a safe) did not develop the spots. PCGS used to pay you money back if they develop these spots; now charge to try to remove them.
So, what has this got to do with this thread? Milk spots occur on silver coins and not clad coins. Since the 225th Anniv set is comprised of all clad coins, it has no bearing on this set.
Well, if the milk spots indicate a less than air tight seal, that would translate as a future discoloration of the base metals due to oxidation as well.
It's apparent, by your reply, you have no idea what the major cause of "milk spots is."
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Assuming prices rise in the aftermarket, which set is more likely to double over the next few years?
1) Raw in OGP, from $30 to $60.
2) SP70, from $125-$150 to $250-$300.
My opinion is (1), and this is partly based what is likely a significant overhang of unopened PCGS first-strike-eligible boxes. If the price of 70's rises, it will encourage additional submissions.
Visited 4 B&Ms today ....1 had no interest in 225th set,..... another offered a buy on the NGC70s..... $70.00.... 3rd did not want Graded sets... offered to buy raw sets at 22.00 .... another said set too new, no demand for set at B&M...
I am sorry I don't know how to show what I am responding to on this site. Let me make a comment to:
"Good price, but comparing apples to oranges. You're not going to buy a Good price, but comparing apples to oranges. You're not going to buy a ANA Denver FDI/FS PCGS 70 set for anywhere near that price. PCGS 70 set for anywhere near that price."
I am not an experienced buyer or seller of coins. However, I think I understand the significance to PCGS versus NGC coins. I do not understand the significance of ANA Denver FDI/FS coins versus other First Strike coins. It seems like people are paying a premium for a label, and not the actual condition of the coin. I would tend to believe all PCGS First Strike coins would find the same price point no matter who signed the coin or the location where it was graded.
First Strike very impressive I have heard that just having that " First Strike " designation makes this one of the most sought after and rare collections! In fact it might be the RAREST of them all! I have heard just having the " First Strike " label is rare! Very impressive and good price! I have a" First Day of Issue " PCGS SP70 but NOT the " First Strike " label!> @mustangmanbob said:
I just got my SP70 PCGS 1st strike set for $142 with the shipping.
@Ka1956 said:
I seem to have more "milk spot" problems with PCGS. Put away 10 of the 2006 2 coin set of the Proof PCGS69's and they all developed the spots. NGC coins that were put away(a safe) did not develop the spots. PCGS used to pay you money back if they develop these spots; now charge to try to remove them.
So, what has this got to do with this thread? Milk spots occur on silver coins and not clad coins. Since the 225th Anniv set is comprised of all clad coins, it has no bearing on this set.
Well, if the milk spots indicate a less than air tight seal, that would translate as a future discoloration of the base metals due to oxidation as well.
It's apparent, by your reply, you have no idea what the major cause of "milk spots is."
It is apparent from your reply, that you THINK you know what causes milk spots. There is not a definitive answer.
Prevailing theory is that it originates from either a lubricant or cleaning residue used on the planchets. The fact that it develops later indicates some kind of chemical reaction. The fact that some people believe that holders, including different types of holders, slows down or prevents the development of the spots indicates the possibility that it is a chemical reaction, possibly oxidation, involving air. IF that is true, then a holder that actually prevented formation of the spots would also prevent oxidation of copper.
@Gluggo said:
First Strike very impressive I have heard that just having that " First Strike " designation makes this one of the most sought after and rare collections! In fact it might be the RAREST of them all! I have heard just having the " First Strike " label is rare! Very impressive and good price! I have a" First Day of Issue " PCGS SP70 but NOT the " First Strike " label!> @mustangmanbob said:
I just got my SP70 PCGS 1st strike set for $142 with the shipping.
also they only give that based on shipping date from order fulfillment... the first 30 days after receipt of the first coin. They have no idea about strike date. No one does. It's the same with NGC Early Releases.
Sealed monster boxes or even these sealed boxes of 38 have dates on them. Someone could FOIA (freedom of info) to find out when the first boxes went out. But even then, they could put the first minted on the bottom and stack later strikes on the top. The, while shipping, pull the later struck ones from the top first.
@jmlanzaf said:
Does anyone know if anyone has done any nitrogen atmosphere studies of silver eagles? [Hmmm...I could actually do it myself. But first, we google.]
you mean the stuff that 78% of the earth's atmosphere is made of?
I think that is yes, for a couple of mellinia or more
Milk Spots are a long standing problem that PCGS has spent countless hours and serious money trying to determine the cause and remedy. They have investigated things beyond standard thinking. No conclusions have been reached by many experts.
Comments
Just saw a NGC SP70 set sell for $102.50 Crazy prices down from approx $499 to about $100 already!
I'm still not seeing these prices. Are they BIN or auctions you are winning?
What's your query?
Don't quote me on that.
http://www.ebay.com/itm/2017-S-225TH-ENHANCED-UNCIRCULATED-U-S-10COIN-SET-NGC-SP70-EARLY-RELEASES-/152685729132?epid=2162007428&hash=item238cc7556c:g:20EAAOSwoRBZqMrB
for the $102.50
use the same title in auction and go to the left where it shows sold items. will give a list of prices sold for
http://www.ebay.com/itm/2017-S-225TH-ENHANCED-UNCIRCULATED-U-S-10COIN-SET-NGC-SP70-DENVER-ANA-RELEASES/162654079181?ssPageName=STRK:MEBIDX:IT&_trksid=p2057872.m2749.l2649
my buy price $121 for the Denver ANA set
How many are we down to? Someone should call Michael white and ask him if they are going to sell to 225
Jmlanzaf:
On the left side of the listings page there is a sold auctions. Click that link and it will show many closed auctions and the prices they received
2017-S Enhanced Uncirculated 10 Coin Set SP70 ( better active auction title to use as it also shows PCGS)
looks like I jumped the gun yesterday....oh well...not the first time....
Don't quote me on that.
I for one hope they (USMint) do not issue a EU set each year forward.
This in my humble opinion should be a 'one off' for the 225th Anniversary.
Also, I do believe this set will do much better in the long run, I too see this set
@ $50-$75 down the road in OGP.
From what I see and read this set is being broken up for grading and individual coin sale(s).
How many, two years from now, will be in OGP?
Personally I know of at least three sets that will be...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
the ngc vs pcgs spead is now closer to a 40 percent difference in price. ngc is mostly loved by the older baby boomers, which are no longer collecting coins
I seem to have more "milk spot" problems with PCGS. Put away 10 of the 2006 2 coin set of the Proof PCGS69's and they all developed the spots. NGC coins that were put away(a safe) did not develop the spots. PCGS used to pay you money back if they develop these spots; now charge to try to remove them.
Coin World has a new article out (they have at least one per week on this set), and sometimes I wonder if they don't follow this thread...
Anyway, there are only two salient new points in the article:
And
Yeah, let's out the party who placed the 20K order! (I'm not sure it's within the Mint's purview to dox an individual. A company, maybe. Embarrass them so they don't do something stupid like this again.)
If it was the Mint that cancelled the order, I think they would have gotten in front of all this and stated that. I think it was a customer cancellation.
Original article is here.
We now return you to your normal future value discussions...
Is the PCGS milk spot problem appearing on non-silver coins? I thought it was a PCGS/silver problem.
So, what has this got to do with this thread? Milk spots occur on silver coins and not clad coins. Since the 225th Anniv set is comprised of all clad coins, it has no bearing on this set.
It may also reflect the appearance that NGC's grading of modern coins is more relaxed compared to PCGS.
https://www.pcgs.com/pop/pcgsnolookup.aspx?s=631124&g=7
ratio-27-70's to 1-69 average. why even buy a graded set?
this is the right link
https://www.pcgs.com/pop/pcgsnolookup.aspx?s=631124&g=70
The real question is whether the Mint decides to go back and strike some more.
Current max sales right now is around 197.5K. Even if some of that is returns being processed, the mint is (probably) still looking at over 25K sets short of mintage. That might make it worthwhile to do a short run.
On the other hand, they may just want the EU set out of the way before the 4-medal AmLib set goes on sales next month. And I am still suspicious that the Mint's November and December schedule is bare...
I just got my SP70 PCGS 1st strike set for $142 with the shipping.
http://www.ebay.com/itm/2017-S-Enhanced-Uncirculated-Complete-Set-10-coins-PCGS-SP70-First-Strike/372064957450?ssPageName=STRK:MEBIDX:IT&_trksid=p2057872.m2749.l2649
It's apparent, by your reply, you have no idea what the major cause of "milk spots is."
Good price, but comparing apples to oranges. You're not going to buy a ANA Denver FDI/FS PCGS 70 set for anywhere near that price.
Assuming prices rise in the aftermarket, which set is more likely to double over the next few years?
1) Raw in OGP, from $30 to $60.
2) SP70, from $125-$150 to $250-$300.
My opinion is (1), and this is partly based what is likely a significant overhang of unopened PCGS first-strike-eligible boxes. If the price of 70's rises, it will encourage additional submissions.
what about those SF shipping boxes labelled 6/15/2017 ? they're first strike for sure.
Visited 4 B&Ms today ....1 had no interest in 225th set,..... another offered a buy on the NGC70s..... $70.00.... 3rd did not want Graded sets... offered to buy raw sets at 22.00 .... another said set too new, no demand for set at B&M...
OPA:
I am sorry I don't know how to show what I am responding to on this site. Let me make a comment to:
"Good price, but comparing apples to oranges. You're not going to buy a Good price, but comparing apples to oranges. You're not going to buy a ANA Denver FDI/FS PCGS 70 set for anywhere near that price. PCGS 70 set for anywhere near that price."
I am not an experienced buyer or seller of coins. However, I think I understand the significance to PCGS versus NGC coins. I do not understand the significance of ANA Denver FDI/FS coins versus other First Strike coins. It seems like people are paying a premium for a label, and not the actual condition of the coin. I would tend to believe all PCGS First Strike coins would find the same price point no matter who signed the coin or the location where it was graded.
Oops
Oops
First Strike very impressive I have heard that just having that " First Strike " designation makes this one of the most sought after and rare collections! In fact it might be the RAREST of them all! I have heard just having the " First Strike " label is rare! Very impressive and good price! I have a" First Day of Issue " PCGS SP70 but NOT the " First Strike " label!> @mustangmanbob said:
Nice job mustang
So then, do you have any non-silver PCGS slabbed coins that are showing milk spots?
Please post some pictures. Thanks.
edit everything out, just leave a "oops" or "double post" or something.
just hit it 1 (one) time
rare? not so sure about that.
also they only give that based on shipping date from order fulfillment... the first 30 days after receipt of the first coin. They have no idea about strike date. No one does. It's the same with NGC Early Releases.
Sealed monster boxes or even these sealed boxes of 38 have dates on them. Someone could FOIA (freedom of info) to find out when the first boxes went out. But even then, they could put the first minted on the bottom and stack later strikes on the top. The, while shipping, pull the later struck ones from the top first.
you mean the stuff that 78% of the earth's atmosphere is made of?
I think that is yes, for a couple of mellinia or more
Thanks for the info.
Milk Spots are a long standing problem that PCGS has spent countless hours and serious money trying to determine the cause and remedy. They have investigated things beyond standard thinking. No conclusions have been reached by many experts.