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First Strike for 2010 SAE Proofs?

I decided to go ahead and buy at least 10 of the 2010 SAE proofs tomorrow. I may have them graded and wondered your thoughts on paying the $18 for First Strike?


Sorry if this question has already been asked.

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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>I decided to go ahead and buy at least 10 of the 2010 SAE proofs tomorrow. I may have them graded and wondered your thoughts on paying the $18 for First Strike?


    Sorry if this question has already been asked. >>

    It's a gamble but you can sure bet that MANY Thousands will receive that Slab Label. First Ones out of the Block should go for some serious money.

    As a small time submitter, the ONLY way this can be profitable is if you commit the coins for the esignation and then possibly do some presales on "expected" grades. Thats the way the big boys do it but it carries a certain level of risk.
    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!
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    derrybderryb Posts: 38,555 ✭✭✭✭✭
    Anyone know if PCGS is offering 25th Anniversary label for these?

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    razzlerazzle Posts: 998 ✭✭✭
    19Lyds,

    Interesting insight. Thank you.
    Markets (governments) can remain irrational longer than an investor can remain solvent.
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    << <i>Anyone know if PCGS is offering 25th Anniversary label for these? >>



    I don't know and hadn't thought of that yet. image

    ----------------------------------------------------------------------------------------

    Thanks for the comments. I plan to submit these and at $18 a pop for FS, I think I'll hold off on that for now.
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    derrybderryb Posts: 38,555 ✭✭✭✭✭
    NGC says they won't be offering 25th anniversary label on the ASE proofs because a major submittor who had it put on the 2010 gold and silver bullion eagles graded by NGC has exclusive rights to the label. Sounds like NGC got bought off by a major customer. Won't be getting anymore business from a small time customer like me!

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    BochimanBochiman Posts: 25,790 ✭✭✭✭✭


    << <i>NGC says they won't be offering 25th anniversary label on the ASE proofs because a major submittor who had it put on the 2010 gold and silver bullion eagles graded by NGC has exclusive rights to the label. Sounds like NGC got bought off by a major customer. Won't be getting anymore business from a small time customer like me! >>



    That is short-sighted and PCGS could "eat their lunch" bigtime on this, IF they offered it.

    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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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>

    << <i>NGC says they won't be offering 25th anniversary label on the ASE proofs because a major submittor who had it put on the 2010 gold and silver bullion eagles graded by NGC has exclusive rights to the label. Sounds like NGC got bought off by a major customer. Won't be getting anymore business from a small time customer like me! >>



    That is short-sighted and PCGS could "eat their lunch" bigtime on this, IF they offered it. >>

    If it was going to be offered, it would have been offered on the 2010 Bullion Coins.
    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!
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    All the pre-sales I see on eBay are NGC slabbed pieces. What's up with that?


    Also: Any guesses on a sell-out date? I might be crazy but have a feeling these will sell-out by Thanksgiving. image
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    pitbosspitboss Posts: 8,643 ✭✭✭

    It all depends on how many they make .
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    I'm thinking that 300K have sold already today! If 3000 orders were for 100 pcs each - we're there!

    With over 30,000 orders in today, a gotta believe they average 10pcs each!
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    tcmitssrtcmitssr Posts: 1,570 ✭✭✭


    << <i>All the pre-sales I see on eBay are NGC slabbed pieces. What's up with that?


    Also: Any guesses on a sell-out date? I might be crazy but have a feeling these will sell-out by Thanksgiving. image >>



    I think they will be minted to order, through the end of the year....unlimited.
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    57loaded57loaded Posts: 4,967 ✭✭✭
    PCGS coin numbers for 2010 Silver Eagle PROOF

    415534

    415535 (FS Label)
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    kimber45ACPkimber45ACP Posts: 2,399 ✭✭✭
    I am leery about slabbing ASEs with the spotting that is so prevalent.
    All 5 sets of my First Strike 20th anniversary have spotting.

    Nothing else I have ever sent in has any spotting.

    I do have other ASEs bought already slabbed and they have not developed an spotting.
    I am beginning to wonder if it is a humidity issue during the slabbing process or if there is an air line
    used to clean the coins that may have moisture in it not visible when the coins are shot?

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    57loaded57loaded Posts: 4,967 ✭✭✭
    you could put them in an acetone bath. i had some that were spotted and soaked in MS 70, then acetone and they are still clean. just be 100% sure they are dry before putting them back in the capsule. AND i have had ASE proofs spot after slabbing at PCGS. seems a vacuum seal (like food bags) is a good way to store them after slabbing for some.

    also to bulk submitters...can you specify a PR70DCAM minimum now? i was looking at the PCGS bulk submission form revised 02/2010 and did NOT see a minimum grade of "69" as years past.
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    NotSureNotSure Posts: 3,051 ✭✭✭


    << <i>.... seems a vacuum seal (like food bags) is a good way to store them after slabbing for some. >>



    Every single ASE I have put in 'Seal-a-Meal', or 'FoodSaver' vacuum sealed bags haven't got a spot at all, even after a few years, regardless of the grading service (I put some of our host's competitors...all of the major ones...in those bags, and all spot free.....no dessicant added to the storage boxes, either). I also have ASE's (in our hosts plastic, as well as all the same services of the ones I sealed, that are NOT 'sealed', and honestly, all have developed some sort of problem, except for one of them (probably the least respected of the 'major' services.....and to be fair, no dessicant in that storage either....though they are both stored in a relatively humidity free place, though it can get humid in the summer, where I am). I'd suggest ANY graded ASE be 'Seal-a-Mealed/'Foodsavered' sealed, no question about it. Makes it a hassle to store, but it'll keep 'em spot free.
    I'll come up with something.
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    A few weeks ago I checked a box of 20 graded '06 proofs....3 of the box had spots...17 were spot free. The 17 were obviously in the same environment as the other 3 for the last 4 years.

    I think the causative factor occurs before or during the slabbing process. If I had put those 17 coins in sealed bags I would have said "See! No spots. It's the bagging that prevented them"

    Totally random....
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    57loaded57loaded Posts: 4,967 ✭✭✭
    i am sending in 20 of 100, rest back to the warehouse.

    hopefully no~one here will my receive their 2010 proof ASE as one of my returns.
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    derrybderryb Posts: 38,555 ✭✭✭✭✭
    ASE (and Canadian Silver Maple) spotting is not limited to slabbed coins.

    While spotting does not immediately occur, a coin's likelihood of becoming "infected" at a later date is secretly determined during production. The spotting is apparently environmentally triggered after production only on coins that got "infected" during production. ASE2 promises improvements in the "infection" process to overcome acetone and sealed storage defenses!

    Of course, this is just my theory and it may or may not involve a conspiracy. image

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    LanLordLanLord Posts: 11,754 ✭✭✭✭✭


    << <i>A few weeks ago I checked a box of 20 graded '06 proofs....3 of the box had spots...17 were spot free. The 17 were obviously in the same environment as the other 3 for the last 4 years.

    I think the causative factor occurs before or during the slabbing process. If I had put those 17 coins in sealed bags I would have said "See! No spots. It's the bagging that prevented them"

    Totally random.... >>

    OR maybe those three were like sacrificial anodes, they absorb all the spotting while the remainder are fine?? image
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    MsMorrisineMsMorrisine Posts: 39,420 ✭✭✭✭✭
    the BSA I kept with the small strike through already had a large milk spot developing on it when it arrived. It is much better developed and cloudier now.


    I consider it the coin's other mint error.
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

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