Home U.S. Coin Forum

Just got Email from PCGS legitimizing Barack Obama ASE Coin in its holder!!

GoldbullyGoldbully Posts: 18,011 ✭✭✭✭✭
image

Guess they corrected the spelling of Barack!

image
«1

Comments

  • DoogyDoogy Posts: 4,508
    can you beat this dead horse any more? I don't know why you're so offended by it, PCGS is a business plain and simple; and one that has seen it's submissions and stock tanking over the past year. Despite your feelings for man, the President has a ton of supporters and PCGS is simply riding this cash cow to the bank.

    If this keeps them from going bust or being sold off to some group of faceless investors, why wouldn't you be for it, considering you seem to be such a fan of the brand?



  • GoldbullyGoldbully Posts: 18,011 ✭✭✭✭✭


    << <i>can you beat this dead horse any more? I don't know why you're so offended by it, PCGS is a business plain and simple; and one that has seen it's submissions and stock tanking over the past year. Despite your feelings for man, the President has a ton of supporters and PCGS is simply riding this cash cow to the bank.

    If this keeps them from going bust or being sold off to some group of faceless investors, why wouldn't you be for it, considering you seem to be such a fan of the brand? >>



    Has PCGS ever done this type of insert for any other president?
    And yes, I love the PCGS brand!!!
  • I think it's a fantastic idea by PCGS. I just might buy one.
  • DoogyDoogy Posts: 4,508


    << <i>

    << <i>can you beat this dead horse any more? I don't know why you're so offended by it, PCGS is a business plain and simple; and one that has seen it's submissions and stock tanking over the past year. Despite your feelings for man, the President has a ton of supporters and PCGS is simply riding this cash cow to the bank.

    If this keeps them from going bust or being sold off to some group of faceless investors, why wouldn't you be for it, considering you seem to be such a fan of the brand? >>



    Has PCGS ever done this type of insert for any other president?
    And yes, I love the PCGS brand!!! >>




    maybe. maybe not. But it should be more aptly wondered if there was ever a time when their stock price was down 80% like it is now? When you need to raise cash, you change your business plan a bit for easy revenue through new sources.
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    WOW they spelled his name correctly. image
    Unlike the last pic of that holder which had Barrak on it!
    I wonder if the 2 R ones will go for moon money.

    image
    Ed
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    Actually, the givaway coins are the ones with the name spelled wrongly. --Jerry
  • OneCentOneCent Posts: 3,561
    Will PCGS make a Ronald Reagan insert so that I can enjoy my favorite silver eagle with my favorite president? Probably notimage.


    So, now I'm offendedimage.


    It is obvious that PCGS is simply providing the supply for the demand that exists. Makes good business sense to me. image
    imageimage
    Collector of Early 20th Century U.S. Coinage.
    ANA Member R-3147111
  • YaHaYaHa Posts: 4,220
    I rather see Al Sharpton on a PCGS Slab.image
  • Yes its a great way to make a buck but what does it say about PCGS as a company and its integrity. To me I think its rather cheap and tasteless, but again its their company they can do what they want. But anytime you lower the bar you lower what others think of you.


    And yes I would have said this no matter what president was on it.
    Bottom Feeder collector, Happy collector of Moderns
  • FatManFatMan Posts: 8,977
    Credibility is waning.
  • The photo in question with the misspelling was a mock up photo. I understand that all holdered coins were correctly labeled.

    People read what you write, even if it's your attempt at a joke. Please don't encourage bad rumors Jerry.
    Seth
  • BoomBoom Posts: 10,165
    Just a business move commemorating History, I suppose ... plain & simple.

    Just as soon let it go at that.image

    Edited due to having forgotten the word "move." image
  • their sellouts!!!!! Franklin mint wanabeessssssss!!!!!


    JUST KIDDING !!!!image

    i could care less what they do. if they need to keep afloat and make payroll who cares... hell you might even see them start putting micky mouse coins in there holders.....it's going to get worse before it gets better.
  • raysrays Posts: 2,424 ✭✭✭✭✭
    I neither want a Barack Obama ASE coin, nor do I care if PCGS "legitimizes" such a coin. Apparently some people want to buy these, more power to them.


  • << <i>Yes its a great way to make a buck but what does it say about PCGS as a company and its integrity. To me I think its rather cheap and tasteless, but again its their company they can do what they want. But anytime you lower the bar you lower what others think of you.

    And yes I would have said this no matter what president was on it. >>



    PCGS has graded quite a few "BU" Presidents that have been released as $1 coins. I remember there for a while where there were quite a few BU George Washington & John Adams available for sale with Presidential Labels out there. Since President Obama doesn't have a US Mint coin yet, this seems to be a great way to commemorate his first year in office. Many people have excitedly purchased this coin already, so it has appeal to many. Not everyone will buy, but yet it is a fantastic way to commemorate our 44th President. IMHO

    I mean no disrespect to your post.
    Seth
  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭
    Has anyone asked PCGS if this is a special insert that anyone submitting can get out of curiosity? I ask this as I have a few silver eagles and would possibly want this insert for my coins for resale.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Yes its a great way to make a buck but what does it say about PCGS as a company and its integrity. To me I think its rather cheap and tasteless, but again its their company they can do what they want. But anytime you lower the bar you lower what others think of you.


    And yes I would have said this no matter what president was on it. >>



    This in no way reflects upon PCGS's "integrity" as the market leader in professional coin grading. Had each one been graded as "MS70" regardless of its condition (like what some of the competition has done in the past), then it would be an "integrity" issue.

    Frankly, I am pleased that these are available and much prefer this over the "paste on" coins being marketed to commemorate this occasion in American history. At least the coin in the slab has real monetary value in the form of bullion silver!

    Hopefully, the two I ordered won't get those danged milk spots!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Can I order a Jack Lambert slabbed SAE, please? image
  • relicsncoinsrelicsncoins Posts: 8,116 ✭✭✭✭✭
    PCGS is in the busniness of grading coins. Unless this somehow affects their abillity to grade coins then it has no affect on their credibillity. Is it cheezy? In my opinion yes, but that's the beauty of this country, I don't have to buy or own one.
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
  • LongacreLongacre Posts: 16,717 ✭✭✭
    I weep again for the numismatic future. image
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    Is there a limit to what will PCGS take from numismatics to apply to their bottom line?
    Collector of Large Cents, US Type, and modern pocket change.
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭


    << <i>

    << <i>Yes its a great way to make a buck but what does it say about PCGS as a company and its integrity. To me I think its rather cheap and tasteless, but again its their company they can do what they want. But anytime you lower the bar you lower what others think of you.

    And yes I would have said this no matter what president was on it. >>



    PCGS has graded quite a few "BU" Presidents that have been released as $1 coins. I remember there for a while where there were quite a few BU George Washington & John Adams available for sale with Presidential Labels out there. Since President Obama doesn't have a US Mint coin yet, this seems to be a great way to commemorate his first year in office. Many people have excitedly purchased this coin already, so it has appeal to many. Not everyone will buy, but yet it is a fantastic way to commemorate our 44th President. IMHO

    I mean no disrespect to your post. >>



    I could agree with the above statement if each president since PCGS started had been likewise commemorated.

    Regards,

    John
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • dbldie55dbldie55 Posts: 7,743 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>can you beat this dead horse any more? I don't know why you're so offended by it, PCGS is a business plain and simple; and one that has seen it's submissions and stock tanking over the past year. Despite your feelings for man, the President has a ton of supporters and PCGS is simply riding this cash cow to the bank.

    If this keeps them from going bust or being sold off to some group of faceless investors, why wouldn't you be for it, considering you seem to be such a fan of the brand? >>



    Has PCGS ever done this type of insert for any other president?
    And yes, I love the PCGS brand!!! >>




    maybe. maybe not. But it should be more aptly wondered if there was ever a time when their stock price was down 80% like it is now? When you need to raise cash, you change your business plan a bit for easy revenue through new sources. >>



    Speaking of beating a dead horse.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • John,

    I think it became obvious with the Presidents, that the collectors wanted MS65 & above coins for the length of the series. Most MS65s are not that conditionally rare (like MS66 or MS67s), but they're the most affordable way to collect the Presidents. The Presidential Dollar coins are focused as a series & not a commemorative moment easily sold with a Silver Eagle of the same year. Someday President Obama will have a commemorative coin like the Lincoln that is releasing in 8 days, but between now & 100-200 years collectors would like something to display.

    Those Lincoln Commemoratives are GREAT! Very exciting new release!

    Sincerely,
    Seth
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Can I order a Jack Lambert slabbed SAE, please? image >>



    I don't think PCGS will do any of these since the slab would have to have the top corners knocked out for that "authentic" look!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Guess I'll just wait 4 years for the Ron Paul insert. image

    Regards,

    John
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    I want one only if it has a CAC sticker on it!!! image
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • Adding +1 to my post count..image
    ......Larry........image
  • will PCGS slab Daniel Carr's new hard times tokens?
  • carew4mecarew4me Posts: 3,497 ✭✭✭✭
    OMG!
    There is a Quran verse on the back of each label!
    Now thats going too far!



    Loves me some shiny!
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>PCGS is in the busniness of grading coins. Unless this somehow affects their abillity to grade coins then it has no affect on their credibillity. Is it cheezy? In my opinion yes, but that's the beauty of this country, I don't have to buy or own one. >>



    How do you know you aren't buying one with the $900 billion "stimulus" money they are taking from you? Maybe they are trying to stimulate the TPG industry.
    Gold and silver are valuable but wisdom is priceless.


  • << <i>OMG!
    There is a Quran verse on the back of each label!
    Now thats going too far! >>

    Where is that photo?
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,649 ✭✭✭✭✭
    We've got American Heroes slabs. Let's not forget how it all works. This was to honor some soldier who does not want to re-live her experience as a patriot. What's her name ? I forget.
  • <<maybe. maybe not. But it should be more aptly wondered if there was ever a time when their stock price was down 80% like it is now? When you need to raise cash, you change your business plan a bit for easy revenue through new sources. >>



    Why don't they just go on television and hawk their wares like so many others do?
    JT
    It is health that is real wealth, not pieces of gold and silver. Gandhi.

    I collect all 20th century series except gold including those series that ended there.
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    Is prostitution an applicable term in numismatics?
    Gold and silver are valuable but wisdom is priceless.
  • RaufusRaufus Posts: 6,984 ✭✭✭✭✭


    << <i>Yes its a great way to make a buck but what does it say about PCGS as a company and its integrity. To me I think its rather cheap and tasteless, but again its their company they can do what they want. But anytime you lower the bar you lower what others think of you.


    And yes I would have said this no matter what president was on it. >>



    Cheap and tasteless indeed - entering the telemarketer credibility realm.
    Land of the Free because of the Brave!
  • youniqueyounique Posts: 882 ✭✭✭


    << <i>

    << <i>Yes its a great way to make a buck but what does it say about PCGS as a company and its integrity. To me I think its rather cheap and tasteless, but again its their company they can do what they want. But anytime you lower the bar you lower what others think of you.


    And yes I would have said this no matter what president was on it. >>



    Cheap and tasteless indeed - entering the telemarketer credibility realm. >>



    AGREED !!

    Just awaiting George Bush insert commemorating "the day you & yours were not only flushed down the toilet, but plunged with the mightiest of might," to be certain
    you would never forget me.
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    It's OK by me - so long as willing buyers exist, then they are simply filling a want, need or desire. Capitalism at its' best.
  • I saw a headline on drudge a few weeks ago where Obama's legal team was looking at
    ways to limit the profit driven "branding" of Obama. Not sure if something like this would fall into that
    category, actually didn't even read the article.
    but this reminded of seeing the headline.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>I saw a headline on drudge a few weeks ago where Obama's legal team was looking at
    ways to limit the profit driven "branding" of Obama. Not sure if something like this would fall into that
    category, actually didn't even read the article.
    but this reminded of seeing the headline. >>

    It would be interesting to hear if Obama approves of these.

    If he does, PCGS can even do ones with his signature.


  • << <i>We've got American Heroes slabs. Let's not forget how it all works. This was to honor some soldier who does not want to re-live her experience as a patriot. What's her name ? I forget. >>



    Was it Jessica Lynch?

    Also didn't Lance Armstrong have a signature slab?

    I think most the upset of the new product has to do with the politics and not the business decision. There wasn't much protest for these other products which were just as shamelessly commercial as the new one is.

    /edit: Yes, a brief search turns up PCGS slabbed silver eagles with Jessica Lynch, Lance Armstrong, and General Tommy Franks. Very little umbrage taken with any of those, and now a tempest over what is the latest in a long line of such slabs.

  • GeminiGemini Posts: 3,085
    image
    A thing of beauty is a joy for ever
  • illini420illini420 Posts: 11,467 ✭✭✭✭✭
    I can only imagine what some of you will do with that coin if you happen to be the "lucky" winner!!! image


  • << <i>I can only imagine what some of you will do with that coin if you happen to be the "lucky" winner!!! image >>

    It would be an extreme pleasure to crack this one, for sure. I might even do it while it's in the package, with my foot.
    Good deals with: goldman86 mkman123 Wingsrule wondercoin segoja Tccuga OKCC LindeDad and others.

    my early American coins & currency: -- http://yankeedoodlecoins.com/
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,649 ✭✭✭✭✭


    << <i>Can I order a Jack Lambert slabbed SAE, please? image >>


    As soon as PCGS brings back the AMERICAN HEROES series, you can image

    P.S. Thank you Red Tiger.
  • RyGuyRyGuy Posts: 1,464 ✭✭✭
    +1 for a Jesse Jackson slab.

    Ryan
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,649 ✭✭✭✭✭


    << <i>+1 for a Jesse Jackson slab.

    Ryan >>


    WTC ?
    Sports ?
    Religion ?
    Politics ?
    Sex ?

    What are we leaving out ?
    Guess the Grade !
  • ajiaajia Posts: 5,403 ✭✭✭
    ......legitimizing Barack Obama.......

    Not real sure what you're inferring with that comment? image
    Without PCGS creating the insert Barack would not be legit?

    Come on, all the talk about buying the coin & not the holder is all BS if you allow the insert to bring out all these emotions.
    Don't like it? Don't buy it. Simple.

    For those that think this a way for PCGS to ride the wave of what is Barak Obama, more power to them.
    I work for the L.A. Times, and you should have seen the lines of people buying pinting plates & newspapers when Barak won the election!
    Not only in L.A., but at other newspapers too.
    Had we EVER sold printing plates before? Not to my knowledge.
    It's business, plain & simple....make money & stay afloat....and I would presume Republicans would be the first to embrace this move, if not the person represented.

    As far as lowering their integrity, is it any different than 'sample slabs' or the SAE's they used to give when you joined PCGS (2003-2004 I believe)?
    image
  • RyGuyRyGuy Posts: 1,464 ✭✭✭


    << <i>

    << <i>+1 for a Jesse Jackson slab.

    Ryan >>


    WTC ?
    Sports ?
    Religion ?
    Politics ?
    Sex ?

    What are we leaving out ?
    Guess the Grade ! >>



    MS69BN?

    image

    Ryan
  • Well I guess PCGS is from CA.
    I do not think PCGS should have done this coin, it makes them look bad.
This discussion has been closed.