2007-W ASE MS70 PCGS

endzone · June 29, 2007 6:31AM

I know from a very respectable dealer, that PCGS is grading some of the new
2007-W ASE - MS70.

Anybody else hear about this???

FLBuffaloHunter · June 29, 2007 6:35AM

<< I know from a very respectable dealer, that PCGS is grading some of the new
2007-W ASE - MS70.

Anybody else hear about this??? >>

I don't think so though somebody did get 100 out of 100 69's on their bulk order.-

http://www.pcgs.com/pop/PCGSSpecReport.aspx?PCGS=150446

TennesseeDave · June 29, 2007 6:39AM

I've got some coins at Pcgs now,hope I get a first strike 70.That would go for moon$.I read where they were not going to be grading any unc. silver eagles 70.

Hugegut · June 29, 2007 6:44AM

I doubt it's true. That would be big news so I'm sure PCGS would have made some sort of announcement.

FLBuffaloHunter · June 29, 2007 6:46AM

And going by current eBay prices for a First Strike MS69, the only way you'll make any $.

COINB0Y · June 29, 2007 6:47AM

They have to start the MS 70's back up or it is dooms day.

Just Watch the bottom line on the next Quarterly Report as the Company takes a hit on Revenues.

1.) All because of the refusal to recognize and grade that First Day $1 Covers which have destroyed the First Day of Issue Market they thought they had.

2.) Because guys like me have COMPLETELY bypassed EVER even considering sending MS Silver to PCGS.

Think of the 1000's of coins sent to NGC because some 'brilliant' PCGS guy decided in advance that NO MS70 are possibile for Mint State Silver!

ziggy29 · June 29, 2007 6:49AM

<< Think of the 1000's of coins sent to NGC because some 'brilliant' PCGS guy decided in advance that NO MS70 are possibile for Mint State Silver! >>

We'll see. If hindsight shows that a bunch of NGC 70s are developing milk spots and NGC has to eat boatloads of them, PCGS will look pretty smart. If that doesn't happen, though, they lost a lot of business for nothing.

COINB0Y · June 29, 2007 6:49AM

I also hope they do because that will REALLY increase sales of 2007 W Unc Silver past the 2006 W Unc. ;>

COINB0Y · June 29, 2007 6:52AM

Ziggy with that logic, no Coin should ever get a 70 because something might happen.

You grade a coin at the Moment, as it is seen by the grader. Not on some future probability of a spot.

endzone · June 29, 2007 6:52AM

I just double checked with the dealer.
He has some that HAVE been graded MS70,
and he will be receiving them soon.

So Katy bar the door!

COINB0Y · June 29, 2007 6:54AM

A simple disclaimer that states : We certify that this Coin was MS70 at the time it was graded. No warranty implied or Offered.

pf70collector · June 29, 2007 6:57AM

Hmm. I will believe it when I see them. They will probably run in the range of the proof 70's which they do give out and are also vunerable to spotting. So why the proofs and not the MS?

FLBuffaloHunter · June 29, 2007 6:59AM

<< I just double checked with the dealer.
He has some that HAVE been graded MS70,
and he will be receiving them soon.

So Katy bar the door! >>

If so, it will be in the pop reports on Sunday.

Hugegut · June 29, 2007 7:04AM

I just got off the phone with PCGS. Their policy has not changed and they are not giving out any MS70's on these.

TennesseeDave · June 29, 2007 7:06AM

<< I just got off the phone with PCGS. Their policy has not changed and they are not giving out any MS70's on these. >>

Me too!

BECOKA · June 29, 2007 9:23AM

Today's pop report says 3760 graded MS69 and 0 graded MS70.

TwoSides2aCoin · June 29, 2007 9:26AM

<< Today's pop report says 3760 graded MS69 and 0 graded MS70. >>

now that is my dream coming true !!!

Russ · June 29, 2007 9:31AM

<< I just double checked with the dealer.
He has some that HAVE been graded MS70 >>

Get the submission number from him and have him click the shared button.

Russ, NCNE

endzone · June 29, 2007 10:01AM

I believe the dealer 100%
They will be First Strike MS70 2007-W ASE.
You heard it here first.

TwoSides2aCoin · June 29, 2007 10:05AM

<< I believe the dealer 100%
They will be First Strike MS70 2007-W ASE.
You heard it here first. >>

What ? Are you implying that I'm dreaming ?

Bochiman · June 29, 2007 10:08AM

Mechanical error on the label

mach19 · June 29, 2007 10:14AM

Russ · June 29, 2007 10:48AM

<< I believe the dealer 100%
They will be First Strike MS70 2007-W ASE.
You heard it here first. >>

Get the submission number from him and have him click the shared button.

Russ, NCNE

TAClough · June 30, 2007 5:06AM

<< Get the submission number from him and have him click the shared button.

Russ, NCNE >>

Maybe PCGS will grade MS70 for this year's silver eagles, but the jury is still out if they have all ready graded any!

I will justify my comment: I understand that the Population report is only updated once per week, but the day after the coin is recorded the population increase / decrease will show up in the set populations. Example: If you looked in the pop report under Kennedy for 1997-D in MS68 it shows a pop of 3 but if you check my set it shows a pop of 4. Monday evening, the population report will be corrected to read 4. So if you check out Mel's MS-69 Silver Eagle Collection you will see that PCGS has recorded no MS70 coins yet for the 2007 silver eagles.

Maybe I'm looking at this wrong,
Tim

Hugegut · June 30, 2007 6:37AM

They've only graded 1,459 of the 07 w's? No wonder they started doing 70's. Talk about taking a beating...

Swampboy · June 30, 2007 7:21AM

This just in, or was I asleep and missed the memo?

CoinKing on the Q & A an hour ago

TrustNo1 · June 30, 2007 7:36AM

<< This just in, or was I asleep and missed the memo?

CoinKing on the Q & A an hour ago >>

we all missed it except for a few. Even a seller on ebay is touting the MS70 grade as now possible for all coins in his 20th anniversary set.

endzone · June 30, 2007 7:41AM

I rest my case...

TwoSides2aCoin · June 30, 2007 7:44AM

<< This just in, or was I asleep and missed the memo?

CoinKing on the Q & A an hour ago >>

Hi Ron,

Is PCGS still not going to grade MS70 on 2007 W Uncirculated ASE? I'm both PCGS and NGC members and I have a decision to make as where I should submit my coins. Thanks.

Peter >>

Hi Peter,

Effective June 28, 2007, PCGS will grade Mint State Silver American Eagles beginning with the 2006-W and future issues. I invite you to submit your coins to us.

A diplomat answers honestly. It says :'' PCGS will grade Mint State Silver American Eagles......

there is no claim that MS70 will be included in the grading

TrustNo1 · June 30, 2007 7:44AM

(if true) is this going to drive up raw set $$$ ?

Swampboy · June 30, 2007 7:48AM

I wondered about that phrasing.
Was I naive assuming he answered in the negative?

BAJJERFAN · June 30, 2007 7:53AM

It looks like the 70 grade will only be given to the W minted silver eagles and not the normal bullion issue if I read his response right.

Bochiman · June 30, 2007 8:17AM

Cool.

2 things come to mind then....

A bunch of us that had the MS69 in the sets and sold them, and they were worthy of a 70, got screwed.
They had said before they wouldn't do a MS70 unless they knew a way to stop the milkspotting.....what has changed? Their guarantee on these? The milkspotting? Is it only the -W that are eligible?

Lot remains to be answered.

TrustNo1 · June 30, 2007 8:20AM

I'm glad I haven't sold my sealed sets.

BAJJERFAN · June 30, 2007 8:30AM

<< Is it only the -W that are eligible? >>

From his comment that would appear to be the case, since he specifically mentioned the 2006-W.

Bochiman · June 30, 2007 8:34AM

Yeah, but I don't want "it appears"....with something like this, I want actual and complete answers....

FLBuffaloHunter · June 30, 2007 8:37AM

That would make sense considering the mint considers the ASE bullion coins as not having numismatic value and does not give them any special handling as the 'W" collectors versions do. Hopefully this signifies they have addresses the milk spotting issue ASE's are notorious for. Several members reported the 2007-W ASE has a different finish from the 2006-W so this may be the case.

Russ · June 30, 2007 8:39AM

<< I rest my case... >>

Ron's answer indicates they might be grading them. It doesn't prove your dealer scored some. As Tim noted, there are still no MS70's showing as graded.

Russ, NCNE

endzone · June 30, 2007 8:58AM

My dealer talked directly with David Hall,
I believe Mr. Hall works at PCGS.
Just try and get over it.
It IS going to happen...

Russ · June 30, 2007 9:00AM

<< My dealer talked directly with David Hall,
I believe Mr. Hall works at PCGS.
Just try and get over it.
It IS going to happen... >>

Is going to happen, or already has happened?

<< He has some that HAVE been graded MS70 >>

Which is it?

Russ, NCNE

TAClough · June 30, 2007 9:29AM

<< Hi Peter,

Effective June 28, 2007, PCGS will grade Mint State Silver American Eagles beginning with the 2006-W and future issues. I invite you to submit your coins to us.

-------------------------
Ron Guth
President
Professional Coin Grading Service
www.pcgs.com >>

I have to wonder if someone sends in a 2006-W PCGS MS69 silver eagle because he / she thought it should be a MS70 and the coin turns out to be a MS70, will they still have to pay the re-grading fee where PCGS REFUSED to grade the coin properly the first time!

Not trying to stir anything, just wondering

TennesseeDave · June 30, 2007 9:30AM

I decided that I would submit only the best of my 07-W's for some possible 1st strike 70's,but after extremely close inspection only 2 would even have a chance.8 of the 10 had at least one or two miniscule frost breaks or minor friction on the reverse shield.If Pcgs does start giving the top grade they will be few and far between IMO.

TwoSides2aCoin · June 30, 2007 10:09AM

I just want to make one thing clear....

A coin cannot get graded MS70 on speculation.
It would first have to be in PCGS grader's hands.

Hello ??????????

pf70collector · June 30, 2007 11:09AM

Don't think PCGS will be handing these out like candy(I could be wrong). They are still worried about the spotting issue I am sure.

FLBuffaloHunter · June 30, 2007 2:03PM

NN reports 282,396 2007-W ASE's have been sold, 53,514 more than last week. Looks like it's well on it's way to surapassing the mintage of the 2006-W (~480,000).

COINB0Y · June 30, 2007 2:28PM

I sure hope so. I've made a few bets it will.

aficionado · June 30, 2007 2:57PM

I must say, PCGS is always a day late and always slow in coming up with ideas. It's like they are followers instead of leaders.

Starting MS70 17 days after the release of the product.

I look forward to the day when PCGS actually announces something BEFORE a products release and then sticks to the original statement. It really shouldn't be this difficult.

COINB0Y · June 30, 2007 2:59PM

Don't hold your breath....

TwoSides2aCoin · June 30, 2007 3:08PM

<< I must say, PCGS is always a day late and always slow in coming up with ideas. It's like they are followers instead of leaders.

Starting MS70 17 days after the release of the product.

I look forward to the day when PCGS actually announces something BEFORE a products release and then sticks to the original statement. It really shouldn't be this difficult. >>

I'm more concerned with the mint actually producing a perfect coin more than I am with PCGS grading it as such. That's a big enough hurdle , isn't it ? Maybe PCGS can contract with the mint for "FIRST GRADES" , like NGC does with the ANA and COIN VAULT.

What is this attitude ? A race against time ? Can't wait to flip ?

FLBuffaloHunter · June 30, 2007 9:15PM

No 70's in today's pop reports.-

Russ · July 1, 2007 4:22AM

I guess PCGS forgot to add in this dealer's MS70's.

Russ, NCNE

2007-W ASE MS70 PCGS

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