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Never saw these PCGS holders before....
ms70
Posts: 13,958 ✭✭✭✭✭
Maybe I'm just late to the game....
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Kinda cool.
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Yes indeed, you are late to the game. These have been around for years. They are not graded coins, but considered BU. You'll find them used for just about all bullion coins. I believe NGC is to blame for starting that trend. Waste of $$, in paying a premium for those rolls.
Most dealers I know would not pay any extra for bullion in a holder like that, even if it is PCGS.
Seems pretty pointless to me. Although maybe in 50 years people will be selling "Original PCGS bullion rolls" for a hefty premium... better stock up now I guess.
Collector, occasional seller
If PCGS certified them right out of a mint delivered box then you can at least be certain that they aren't fakes, counterfeits, etc. Places like APMEX, etc. no doubt have their orders drop shipped from the mint to PCGS.
Cool, I like it !!!
You do what you want with your money, and I'll do what I want with mine...
Most dealers I know would sell ASE's in a sealed PCGS roll for a premium over a generic roll of ASE's.
At least you know these ASE's weren't already picked over when you buy them.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
RE: "At least you know these ASE's weren't already picked over when you buy them."
How could you know?
Sealed monster boxes go directly to PCGS. PCGS doesn't do anything with them other than repackage them.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Preserves the First Day of Issue or First Strikes designation if you want to number grade them at a later date.
However, "the First Day of Issue or First Strikes designation" is meaningless. These and similar designations are hot air -- they do not relate to quality, or superior detail, or whether the cows come home at 4:30 or 5:00....
That's why every PCGS coin I own is either in the Standard Blue or Green Label.
Collect what you like, but it is difficult for me to understand why in the year 2018 anyone would be still falling for the "First Strike" gimmick!
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
"First strike" was originally defined as the first coin struck from a new pair of dies.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
In the end it is just bullion.
As a collector, I have never understood the concept of sealed boxes, envelopes, tubes and bags which never allow you to see the coins. Years ago the mint sold mini bags of state quarters which were sealed. If you broke the seal to look at the coins the value was gone. These bags from states like Delaware sold for hundreds of dollars. I don't know if these still do, but to me that's just totally silly.
The labeled containers, sealed I assume (though it does not state that) the same as a slab, at least guarantees authenticity - in this time of counterfeits, that is something. For stackers, it is a convenient way to store silver. I like to handle my bullion though, so would probably unseal the container
Cheers, RickO
It's a lot easier to counterfeit the label on a supposedly sealed roll... break it you own it.
ANA 50+ year/Life Member (now "Emeritus")
Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
I'd pay extra if it was a sample.......:D
hmm...........does it rattle ?
Steve
Are those made for sale on the home shopping shows?
its all about the $
As PerryHall notes, " 'First strike' was originally defined as the first coin struck from a new pair of dies."
That remains the only accurate definition of "first strike," although it might be extended to the first 10 or 20 pieces where there is no trace of luster and mechanical stress.
Oh my gosh!