First Strike designation anomaly???

GiggidyGiggidyGoo · April 20, 2007 1:50PM

Does anyone else have trouble digesting a 'First Strike' designation on an ASE, and garnering only a grade of 68????? Doesn't 'First Strike' signify one of the first planchets struck from a new set of dies? Could a planchet really be that bad before striking? Sorry for all the ????, but this baffles me that a Silver Eagle struck from new dies could only get a 68.

JoeLewis · April 20, 2007 2:02PM

Oh boy.

Check out some of the history of the FIRST STRIKE designation.

Also, many things can happen to a coin after its been struck which can effect its grade.

ArgentumRex · April 20, 2007 2:12PM

Not at all. The grade mostly reflects how dinked/scuffed up/etc. the coin gets after striking (yes, deficits in the planchet or die can limit the ultimate grade of the finished coin). But a brand new die doesn't equal high grade. So everything is "A-OK." Hope that helped!

First Strike designation anomaly???

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