Received PCGS grades on 100 Unc 2007-W ASE sent in on bulk.

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  FatMan Posts: 8,977 ✭

  August 14, 2007 11:20PM

  Good to see you got some 70s. So, in your opinion, how did you do overall. Win, lose, or break even?

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  FLBuffaloHunter Posts: 3,127

  August 14, 2007 11:23PM

  Congrats on the 2007-W 70's. Unfortunatly I feel the market is headed down on the 2007-W since now the Mint has decided to come out with a new Mint set that includes the Presidential dollars, a Sacagawea dollar and one burnished 'W' ASE in the set. This should increse the minage figures for the burnished ASE's and the 2006-W will remain the key.

  Never teach a pig to sing. You'll waste your time and annoy the pig
  
  

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  Goldbully Posts: 18,598 ✭✭✭✭✭

  August 14, 2007 11:24PM

  
  
  << <i>Congrats on the 2007-W 70's. Unfortunatly I feel the market is headed down on the 2007-W since now the Mint has decided to come out with a new Mint set that includes the Presidential dollars, a Sacagawea dollar and one burnished 'W' ASE in the set. This should increse the minage figures for the burnished ASE's and the 2006-W will remain the key. >>
  
  
  
  
  

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  fivecents Posts: 11,207 ✭✭✭✭✭

  August 14, 2007 11:26PM

  
  
  << <i>Good to see you got some 70s. So, in your opinion, how did you do overall. Win, lose, or break even? >>
  
  
  With five MS70's out of 100 coins, I would have to say I will lose and be lucky to just break even on this deal.

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  TwoSides2aCoin Posts: 45,324 ✭✭✭✭✭

  August 14, 2007 11:27PM

  Glad to see bodybags aren't just given to the Presidential Proofs.
  I have 8 out of 100 that didn't grade. I'm curious as to why.
  Would it be because of poor quality that PCGS refuses to slab them ?
  I don't know, I'm speculating. I could probably get PR70 at SGS with those 8, but I think I'll pass
  

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  fivecents Posts: 11,207 ✭✭✭✭✭

  August 14, 2007 11:29PM

  
  
  << <i>Congrats on the 2007-W 70's. Unfortunatly I feel the market is headed down on the 2007-W since now the Mint has decided to come out with a new Mint set that includes the Presidential dollars, a Sacagawea dollar and one burnished 'W' ASE in the set. This should increse the minage figures for the burnished ASE's and the 2006-W will remain the >>
  
  Wow FLBuff...I did not hear about this set until now......Double OUCH!!
  

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  fivecents Posts: 11,207 ✭✭✭✭✭

  August 14, 2007 11:31PM

  
  
  << <i>Would it be because of poor quality that PCGS refuses to slab them ? >>
  
  I submitted this on bulk tier with a minnium grade of MS69, so the no grades were MS68's or lower.

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  TwoSides2aCoin Posts: 45,324 ✭✭✭✭✭

  August 14, 2007 11:35PM

  I will have to check my invoice, but I thought I put PR67 as my lowest.... That explains to me that in 8% are seriously lacking in QUALITY CONTROL.
  ASEs might be different, but PROOFS should be as close to PERFECT every single strike, or they shouldn't be packed in to a set.
  
  Maybe I just expect too much
  Thanks for sharing, fivecents.
  
  Joe

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  FLBuffaloHunter Posts: 3,127

  August 14, 2007 11:37PM

  
  
  << <i>Wow FLBuff...I did not hear about this set until now......Double OUCH!! >>
  
  
  Yea , It was part of the new sets the Mint announced in an interview with Coin World. CW reported the Mint will also be packaging the Presidential Proofs individually with an information card and will be selling another set with a Presidential Mint set quality coin with accompanying Spouse medal.

  Never teach a pig to sing. You'll waste your time and annoy the pig
  
  

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  MoneyCollector Posts: 454 ✭✭✭

  August 14, 2007 11:39PM

  I received 21 MS70's and the balance were 69's for my latest submission of 100 for 2007. I thought this was pretty good. They looked nice as I was popping them out of the packaging, but beyond that I didn't even look at them.
  
  Randy

  My eBay Items for Sale

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  FLBuffaloHunter Posts: 3,127

  August 14, 2007 11:58PM

  New burnished 'W' sales figures that just came out.-
  
  

  Never teach a pig to sing. You'll waste your time and annoy the pig
  
  

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  fivecents Posts: 11,207 ✭✭✭✭✭

  August 15, 2007 10:57AM

  
  
  << <i>I received 21 MS70's and the balance were 69's for my latest submission of 100 for 2007. >>
  
  Wow!! That's a huge precentage of MS70's. Congrats!!
  

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  COINB0Y Posts: 4,505

  August 15, 2007 11:19AM

  << ....Unfortunatly I feel the market is headed down on the 2007-W since now the Mint has decided to come out with a new Mint set that includes the Presidential dollars, a Sacagawea dollar and one burnished 'W' ASE in the set. .... the 2006-W will remain the key. >>
  
  
  
  
  
  
  
  

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  Goldbully Posts: 18,598 ✭✭✭✭✭

  August 15, 2007 12:32PM

  
  
  << <i><< ....Unfortunatly I feel the market is headed down on the 2007-W since now the Mint has decided to come out with a new Mint set that includes the Presidential dollars, a Sacagawea dollar and one burnished 'W' ASE in the set. .... the 2006-W will remain the key. >>
  
  
  
  
  
  
  
  >>
  
  
  
  
  
  Been there, done that....................2006-W is the KING!!!!!!!!!!!!!

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  Overdate Posts: 7,320 ✭✭✭✭✭

  August 15, 2007 4:14PM

  
  Congrats on the 2007-W 70's. Unfortunatly I feel the market is headed down on the 2007-W since now the Mint has decided to come out with a new Mint set that includes the Presidential dollars, a Sacagawea dollar and one burnished 'W' ASE in the set. This should increse the minage figures for the burnished ASE's and the 2006-W will remain the key.
  
  
  I wonder if the TPGs will put the 2007-W mint set ASEs in special holders designated as "Denver Dollar Mint Set" and "Philadelphia Dollar Mint Set."
  
  
  

  

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  COINB0Y Posts: 4,505

  August 15, 2007 4:37PM

  Truth be told, I'll never send any of my Silver there.
  
  Jeez, a 100 coins and 5%? I'd be insane.
  
  Here's a submittal just back from across the street:
  
  1 2006 W EAGLE S$1 MS 69
  2 2006 W EAGLE S$1 MS 69
  3 2006 W EAGLE S$1 MS 69
  4 2006 W EAGLE S$1 MS 69
  5 2006 W EAGLE S$1 MS 69
  6 2006 W EAGLE S$1 MS 69
  7 2006 W EAGLE S$1 MS 69
  8 2006 W EAGLE S$1 MS 69
  9 2006 W EAGLE S$1 MS 69
  10 2006 W EAGLE S$1 MS 69
  11 2006 W EAGLE S$1 MS 69
  12 2006 W EAGLE S$1 MS 69
  13 2006 W EAGLE S$1 MS 69
  14 2006 W EAGLE S$1 MS 69
  15 2006 W EAGLE S$1 MS 69
  16 2006 W EAGLE S$1 MS 69
  17 2006 W EAGLE S$1 MS 69
  18 2006 W EAGLE S$1 MS 69
  19 2006 W EAGLE S$1 MS 69
  20 2006 W EAGLE S$1 MS 70
  21 2006 W EAGLE S$1 MS 70
  22 2006 W EAGLE S$1 MS 70
  23 2006 W EAGLE S$1 MS 70
  24 2006 W EAGLE S$1 MS 70
  25 2006 W EAGLE S$1 MS 70
  26 2006 W EAGLE S$1 MS 70
  27 2006 W EAGLE S$1 MS 70
  28 2006 W EAGLE S$1 MS 70
  29 2006 W EAGLE S$1 MS 70
  30 2006 W EAGLE S$1 MS 70
  31 2006 W EAGLE S$1 MS 70
  32 2006 W EAGLE S$1 MS 70
  33 2006 W EAGLE S$1 MS 70
  34 2006 W EAGLE S$1 MS 70
  35 2006 W EAGLE S$1 MS 70
  36 2006 W EAGLE S$1 MS 70
  

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  fivecents Posts: 11,207 ✭✭✭✭✭

  August 15, 2007 8:41PM

  
  
  << <i>Jeez, a 100 coins and 5%? I'd be insane. >>
  
  Yes you would be.
  
  I was seeing people on the boards posting that they had got 10% to 13% MS70 out of 100 2007-w ASE coins at PCGS. I figured I would give it a shot. I am not whinning about it. I know the submitting game and I know the risk envolved.

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  COINB0Y Posts: 4,505

  August 15, 2007 9:28PM

  I should clarify.
  
  What I meant in my last post was that by the fact of your results I would be insane to do a PCGS submittial.
  
  I had been thinking of throwing 150 of the 2006 W's at them (PCGS).
  
  After see what you got, I said 'aloud' I would be insane to do that after getting back my last NGC submittal.

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  bluedog Posts: 74

  August 16, 2007 1:12AM

  5 70s out of 100 is one of the worst beats I've heard in a long time. I learned my lesson about PCGS versus NGC with the first spouse coins (the lesson: never submit to PCGS again). I had 9 coins and submitted the 7 best to PCGS. I sent the other 2, one of which had 3 scratches on the obverse, to NGC. The 7 PCGS coins all came back 69 and the 2 NGC coins 70.
  
  I sent 25 2007 W silver eagles to NGC and got 19 70s. A second lot came back 9 out of 20 70s.
  
  

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  FLBuffaloHunter Posts: 3,127

  August 16, 2007 2:03AM

  
  
  << <i>5 70s out of 100 is one of the worst beats I've heard in a long time. I learned my lesson about PCGS versus NGC with the first spouse coins (the lesson: never submit to PCGS again). I had 9 coins and submitted the 7 best to PCGS. I sent the other 2, one of which had 3 scratches on the obverse, to NGC. The 7 PCGS coins all came back 69 and the 2 NGC coins 70.
  
  I sent 25 2007 W silver eagles to NGC and got 19 70s. A second lot came back 9 out of 20 70s. >>
  
  
  Which is exactly why the resale value of a NGC 70 is nowhere near a PCGS 70.

  Never teach a pig to sing. You'll waste your time and annoy the pig
  
  

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  OPA Posts: 17,175 ✭✭✭✭✭

  August 16, 2007 2:23AM

  
  
  << <i>
  
  << <i>5 70s out of 100 is one of the worst beats I've heard in a long time. I learned my lesson about PCGS versus NGC with the first spouse coins (the lesson: never submit to PCGS again). I had 9 coins and submitted the 7 best to PCGS. I sent the other 2, one of which had 3 scratches on the obverse, to NGC. The 7 PCGS coins all came back 69 and the 2 NGC coins 70.
  
  I sent 25 2007 W silver eagles to NGC and got 19 70s. A second lot came back 9 out of 20 70s. >>
  
  
  Which is exactly why the resale value of a NGC 70 is nowhere near a PCGS 70. >>
  
  
  
  In the 70 grade ... less than 1/2 of PCGS graded ASE 70's

  "Bongo drive 1984 Lincoln that looks like old coin dug from ground."

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  kklambo Posts: 32 ✭✭

  August 16, 2007 3:14AM

  Hi all:
  
  I'm a newbie and this is my first post. I guess I must be real lucky. I joined PCGS just so I can submit the (5) 2007 w ASE by subscription from the mint. Got back two MS70 FS and three MS69 FS. But, with the price dropping on the 70s, I think I'm just breaking even on the cost of the coins and grading.

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  JimDepot Posts: 960 ✭✭✭

  August 20, 2007 8:52PM

  
  
  << <i>New burnished 'W' sales figures that just came out.-
  
  >>
  
  
  
  Hey Buff, I thought that NN posted this info on Saturdays.
  
  I may be slow but I just saw this on Saturday the 18th.
  
  How did you post this on Wednesday the 15th?
  
  Curious minds want to know.

  
  
  

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  aficionado Posts: 2,309 ✭✭✭

  August 21, 2007 2:07AM

  
  Why wouldn't you check out the coins before sending them in?
  
  Did you get first strike?
  
  
  
  
  

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  TrustNo1 Posts: 1,359 ✭

  August 21, 2007 3:28AM

  last year you couldnt get 70s..5 should be like hitting the lottery

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  mrcommem Posts: 1,215 ✭✭✭✭✭

  August 21, 2007 4:01AM

  Looks like MS69 is a common grade for ASE's. When that happens they are pretty much worth melt.

  Mr Commem
  Overland Trail Collection Showcase
  Dahlonega Type Set-2008 PCGS Best Exhibited Set

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  Baley Posts: 22,663 ✭✭✭✭✭

  August 21, 2007 4:04AM

  now try this: cover up the grades on the slabs and attempt to pick out the 70's from all the 69's

  Liberty: Parent of Science & Industry

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  planetsteve Posts: 1,425 ✭✭✭✭

  August 21, 2007 12:25PM

  
  
  << <i>now try this: cover up the grades on the slabs and attempt to pick out the 70's from all the 69's >>
  
  
  
  Luster? Strike? The occasional mark or grossly obvious frost break?

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  Bochiman Posts: 25,783 ✭✭✭✭✭

  August 21, 2007 12:28PM

  
  
  << <i>now try this: cover up the grades on the slabs and attempt to pick out the 70's from all the 69's >>
  
  
  
  I got 2 out of 4 sent in and I can tell the difference between the 70s and the 69s
  Do I win something from you, Baley? Something for the 7070?

  I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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