POP Analysis Update - 2006 W-Unc Plats-2-05-07

COINB0Y · January 9, 2007 3:57PM

After spending hours of going back and forth in my mind before New Years on this issue, I finally relented and sent my (16) 1 .oz 2006 W-Unc Plats in to PCGS for the trademarked "First Strike" label. Hey, the key coin of the series, what the heck....

I must admit, I just love that dang, American Flag.

At the same time on that submission, I thought I would be clever on the next submission right behind it and allow my (6) 1/2 oz., (6) 1/4 oz., and (6) 1/10 oz. Plat Bits to just go thru PCGS with no FS or 10th Anivers. labeling....because after all, at just 2,000 sets, they were all FS, right?

I even took a poll, it was overwhelming here on the Forum that FS didn't mean jack, when 'the pros' bought for themselves, "buy the coin, not the Plastic".. heard that a zillion times.......and everyone voted that way....or did they vote it just to throw everyone off?

Whelp, the market has spoken as the Plat auction pricing between the raw vs. NGC vs. PCGS vs. PCGS+FS just spread out with you-know-what leading the charge. So dammit, I called PCGS today and that wonderful Nikki (what a doll) set me straight, caught my order and got me just in time to get the FS on my bits.

Boys and Girls, you can't fight the market.....FS is the way to go on this series, all the way.

RegistryCoin · January 9, 2007 4:07PM

Smart move (and good timing on the phone call).

planetsteve · January 9, 2007 4:18PM

There is no rational choice other than to select FS. For once I look forward to a choice being taken away from me.

COINB0Y · January 9, 2007 10:01PM

ttt

kimon1230 · January 9, 2007 10:26PM

I knew from the beginning that I'd get the FS label, regardless of the bashing by "purists".

Though I agree with "buy the coin, not the slab/plastic/label", if I'm going to slab a coin that will end up with a label, I might as well get the label I find to be the most attractive and if it also carries a resale premium (for better or worse), great!

notwilight · January 9, 2007 10:28PM

I'm figured out that most, but not all, of the FS bashing comes from people who collect coins that don't even qualify. They bash the moderns when they're not FS too. So if FS is available, take it, if not, don't worry about it and if people give you a hard time tell then you don't see all the excitement about their silly little microscopic VAMs.--Jerry

jmski52 · January 9, 2007 10:45PM

FS is meaningless in terms of coin condition, based on what we know from the Mint's own statements.

I swore that I would never buy a slabbed coin, but a couple years ago, I bought my first slabbed coins.

I swore that I would never join PCGS and pay for slabbing a coin, but just last week, I sent in all of my "W" uncirculated Plats for slabbing.

And yes, I am getting FS on mine.

You are right. You cannot ignore what the market demands.

aficionado · January 10, 2007 12:55AM

Getting First Strike is a no brainer. Why would anyone tell you not to get it?

Maybe people have there own agenda. For example, the less First Strikes the better for their First Strikes. ?!?!?

renman95 · January 10, 2007 1:41AM

<< Getting First Strike is a no brainer. Why would anyone tell you not to get it?

Maybe people have there own agenda. For example, the less First Strikes the better for their First Strikes. ?!?!? >>

Agreed. Just feeding the market that was brilliantly made, no matter how lame it really is with these low mintage plats. I think collectors want their albums look consistant and want FS on all their labels. At the same time, why would PCGS not offer FS on gold uncs. Instead, surprisingly, the gold uncs of 2006 have the "20th Anniversary, American Eagle Program" attribution and a flag in the upper right hand corner at no extra charge?!

raycyca · January 10, 2007 2:35AM

AND, if PCGS stops making the First Strike(how do you make the TM mark in small upper letters?), then they will be even MORE valuable. Why? Look at the old rattler slabs, or, the green slabs, or the unusual ciffin type slabs. They bring more money. Why? The aerly slabs might upgrade, the coffins are just plain RARE, etc. They less available, the more desirable it will be. Even from the purists after awhile. Granted, they will never publically admit it though. I'm on my way to the post office shortly to send my W plats for the FS designation. If I'm not happy I can break it out. BUT, after the 13th, we'll NEVER have the chance again. I have no 70's because of very small metal imperfections that leave tiny imperfections because the metal is so hard and not smooth. Maybe I'm too picky though. Good luck. Ray

Coin Finder · January 10, 2007 3:37AM

Were these submitted "regular" or Economy?
Insurance only covers you adequitly with Regular service.

BECOKA · January 10, 2007 3:40AM

Yep, I got FS on my 20th anniversarry coins and it has more than paid for getting the label.

Wish I would have paid the $15 on my PR70 gold buffalo because the FS ones are still going for twice as much.

COINB0Y · January 10, 2007 3:56AM

I have no 70's because of very small metal imperfections that leave tiny imperfections because the metal is so hard and not smooth

You might be getting too picky!

21124 2006-W $100 Statue of Liberty MS
MS69 = 75
MS70 = 133
Total graded = 208

21123 2006-W $50 Statue of Liberty MS
MS69 = 67
MS70 = 124
Total graded = 191

21122 2006-W $25 Statue of Liberty MS
MS69 = 103
MS70 = 76
Total graded = 179

21121 2006-W $10 Statue of Liberty MS
MS69 = 116
MS70 = 95
Total graded = 211

7over8 · January 10, 2007 12:10PM

Yes there are a high percentage of 70's being graded but dont get too hung up on it, i've had large submissions have less success at even meeting the average number at 70's......and small orders hit higher percentages.

I still cant figure it out.

COINB0Y · January 10, 2007 12:14PM

Check out the COMNBINED PCGS & NGC POP Thread

LINKY BINKY

COINB0Y · January 28, 2007 4:09AM

Here is the POP Count & % Analysis for Sunday Jan. 28, 2007 - NGC is not in this total.

21125 2006-W $10 Statue of Liberty
21121 2006-W $10 Statue of Liberty First Strike - Combine # of Coins Graded = 716/3,700

Total % of MS70's of all Submittals = 32.96%---- Overall Total % of Mintage graded at PCGS= 19.35%
-------------------
21126 2006-W $25 Statue of Liberty
21122 2006-W $25 Statue of Liberty First Strike - Combine # of Coins Graded = 643/2,700

Total % of MS70's of all Submittals = 28.77%---- Overall Total % of Mintage graded at PCGS = 23.81%
-------------------
21127 2006-W $50 Statue of Liberty
21123 2006-W $50 Statue of Liberty First Strike - Combine # of Coins Graded = 655/2,650

Total % of MS70's of all Submittals = 39.39%---- Overall Total % of Mintage graded at PCGS= 24.72%
-------------------
21127 2006-W $100 Statue of Liberty
21123 2006-W $100 Statue of Liberty First Strike - Combine # of Coins Graded = 947/2,500

Total % of MS70's of all Submittals = 31.78%---- Overall Total % of Mintage graded at PCGS= 37.88%

Brian's submittal skewed the $100 Coin numbers and accelerated the numbers race and from a % view, really puts the MS70 $100 coin rareity on par with the MS70 $25 rareity, IMHO.

itsnotjustme · January 28, 2007 4:14AM

<< Overall Total % of Mintage graded MS70's at PCGS >>

You lost me on this one... how is this calculated?

COINB0Y · January 28, 2007 4:22AM

Opps, too much cuttin' and pastn' - now fixed

LALASD4 · January 28, 2007 4:27AM

So in other words, with only about 25% of the precincts reporting, we still don't know who the winners are.

COINB0Y · January 28, 2007 5:06AM

Whelp, the Florida Percincts (NGC) have yet to report. They are very, very Liberal so we shall see.

When adding last week's NGC numbers (1/22/2007) to this weeks PCGS:

Overall Total % of $10 Mintage graded at PCGS + NGC = 32.76%

Overall Total % of $25 Mintage graded at PCGS + NGC = 35.96%

Overall Total % of $50 Mintage graded at PCGS + NGC = 36.49%

Overall Total % of $100 Mintage graded at PCGS + NGC = 50.00%

FullStrike · January 28, 2007 5:29AM

I still have (3) unopened 1 oz Platinums and (1) unopened 4 coin Set - can I still send them in and get the First Strike Labels?

Just got my paperwork from joining PCGS. What can I say - I'm a procrastinator.

BECOKA · January 28, 2007 5:33AM

<< I still have (3) unopened 1 oz Platinums and (1) unopened 4 coin Set - can I still send them in and get the First Strike Labels?

Just got my paperwork from joining PCGS. What can I say - I'm a procrastinator.

>>

Check the shipping date stamped on the boxes, call PCGS and ask if they qualify. If they do you are in good shape, just fill out the form and send the boxes in another bigger box.

Coin Finder · January 28, 2007 5:39AM

I think it is safe to say that the ms 70s in any major holder will not be cracked out, but many 69's may be cracked out in hopes of a higher grade provided they are not FS/ER holders.

FullStrike · January 28, 2007 6:04AM

<< Check the shipping date stamped on the boxes, call PCGS and ask if they qualify. If they do you are in good shape, just fill out the form and send the boxes in another bigger box. >>

(3) 1 oz Plats - 12/22/06 ship date

(1) 4 coin set - 12/15/06 ship date

Newb · January 28, 2007 6:05AM

Where did the final mintage numbers end up?

edit: got it.

$10 3700
$25 2700
$50 2650
$100 2500

ttown · January 28, 2007 6:22AM

They've come and went, good coins. Let it rest and we'll see what they do. I love these but don't just collect one series or moderns. Find a Classic series you like if you really like coins. We've made money and it's al GOOD but it's time to move on IMO.

COINB0Y · January 31, 2007 1:10AM

Here is the POP Count & % Analysis for Sunday Jan. 28, 2007 - NGC is Included.

21125 2006-W $10 Statue of Liberty
21121 2006-W $10 Statue of Liberty First Strike - Combine (PCGS+NGC) # of Coins Graded MS70= 46.43 %

AS OF 01-30-2007 - 1,318/3,700 or 35.62% OF THE $10 Mintage has been Graded.
-------------------

21126 2006-W $25 Statue of Liberty
21122 2006-W $25 Statue of Liberty First Strike - Combine (PCGS+NGC) # of Coins Graded MS70= 43.73 %

AS OF 01-30-2007 - 1,061/2,700 or 39.30% OF THE $25 Mintage has been Graded.
-------------------
21127 2006-W $50 Statue of Liberty
21123 2006-W $50 Statue of Liberty First Strike - Combine (PCGS+NGC) # of Coins Graded MS70= 43.73 %

AS OF 01-30-2007 - 1,059/2,650 or 51.37% OF THE $50 Mintage has been Graded.
-------------------
21127 2006-W $100 Statue of Liberty
21123 2006-W $100 Statue of Liberty First Strike - Combine (PCGS+NGC) # of Coins Graded MS70= 43.06 %

AS OF 01-30-2007 - 1,340/2,500 or 53.60% OF THE $100 Mintage has been Graded.

fastrudy · January 31, 2007 1:51AM

Thanks, Coinboy!

LALASD4 · January 31, 2007 2:14AM

I wonder what percentage of the 70's would cross from NGC to PCGS?

Bear · January 31, 2007 2:19AM

Probably 10% would cross.

Coinhog · January 31, 2007 2:20AM

<< I wonder what percentage of the 70's would cross from NGC to PCGS? >>

Bwahaahaaa

LALASD4 · January 31, 2007 2:25AM

I think buying the NGC 69's might be a good deal and not the 70's, I mean they are a least 69's right?

COINB0Y · February 4, 2007 11:57AM

$100 Coin is Now the King.

1+905+326=1232/2,500 graded = 26.46% % of MS70 at PCGS

Buy them up because they will beat the $25 Coin.

I will post combined POP when NGC updates.

Bear · February 4, 2007 12:28PM

It is strange that some folks can be so stubborn, as to fail

to recognize the effect, of human nature reaction, to the First

Strike designation. Human nature, frequently defies reason,

logic and classic coin collecting thinking. We origonally stated, that

PCGS had created a genuine scarcity with the FS and that the

market place would reward coins slabbed with such a designation.

Some folks just like the flag label, other folks like the sense of being

in possession of something special. Either way, It is what it is.

POP Analysis Update - 2006 W-Unc Plats-2-05-07

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