Early Releases vs. First Day of Issue - Opinions Sought!
Once upon a time, when Early Releases or First Strikes were young and new, they seemed desirable to many collectors. Other collectors may not have cared, understandable.
The prevalence of such coins, however, often left a collector with the choice of buying a coin with no designation or selecting an Early Released, First Releases, First Strikes coin for the same price. I can't speak for other collectors, but when the two were side b
I know NGC and PCGS are the top tier coin graders.
I'm not sure how familiar everyone is with eBay's policies for selling graded coins.
NUTSHELL: In the past, coins couldn't be listed as "certified" nor could they be listed with a numeric grade unless they were graded by NGC or PCGS (or NCS, and appropriate details grade).
For coins that were graded by ANACS, ICG (or companies that are notably worse than ANACS and ICG), the rules prohibited sellers from calling the coins "certified" or
Truly no offense intended to Hunter's Gold, but I'd like to start a dialogue on the subject, by offering my opinion.
When I say I intend no offense to Hunter's Gold when he describes in his 02/27/2012 Journal Entry that he had "... a PCGS coin of the same grade in this slot but any time I get a chance to swap out a PCGS coin for a NGC coin I will do so," I truly mean no offense.
First, I don't know the reason or rationale, nor the motives and goals of this collector.
However, putting that
The race is on
Once upon a time in America, and around the world for that matter, PLATINUM used to be more expensive than gold, MUCH MORE EXPENSIVE in fact. Since sometime in 2011, that has not been the case.
I remember that 10th Anniversary Platinum American Eagle Set from the U.S. Mint and the going price for that limited edition set. Does anyone else remember how that came in a nice wooden case with a 1/2 oz Proof and a 1/2 oz Reverse Proof Platinum coin.
I also remember getting a 2
Previous topics posted on 02/12/2012 - INSURANCE for your collection, and an accurate INVENTORY of your coins.
You may recall that my previous entry originated as a result of another collector's entry about previously obscuring his sets for security purposes.
That posting coincided with an entry from another collector about how to insure one's collection.
Therefore, I made an entry highlighting insurance and inventory issues for our collections. As usual, my entry ran a bit long, whic
Home security and the security of our collections is a serious issue
In reading about a good reason to obscure sets, security, I came to think that talking about security for ourselves and our collections is a topic that is worthy of periodic exploration.
One topic: INSURANCE. Whether it is theft or disaster (fire, hurricane a la Katrina style), having adequate insurance for your collection is important. I know another member who recently posted a question about insurance for coin collect
Well, the coins really are the same, but that wasn't what I was asking, so a point of clarification.
MVCoins raised an issue in response to the question I posed to the group, asking are the coins in the holders with the Early Releases label from NGC not the same as coins which aren't in those holders.
For grading, value in NGC Registry price guides, and for points - the answer is yes, they are certainly the same.
Whether or not a collector places greater value on coins with the label is a
Is NGC's integrity for Early Releases cut-off dates above reproach? If your answer was yes, please continue reading.
Here's the big question of the day, and I wanted to pose it for the group:
For those collectors who submit coins for Early Releases, or for that matter, even the new First Releases designations, or those who might collect coins with Early Releases labels, are you under the impression that NGC is "pretty solid" on their published deadline dates for a particular coin issue?
I knew WINNERS would get bumped!
When I analyzed NGC's public announcement about making World Coin Registry Sets "NGC Exclusive," NGC went on to say how "most" of the sets were ALREADY NGC exclusive and how "FEW" people this change would actually affect.
Meanwhile, we've seen countless journal entries and topics on the Message Boards with upset Collectors Society members. I think I've read one posting from a member who was ambivalent about the change, and one collector who was excited about
On January 18th, I posted a Journal entry about how NGC was making their World Coin Sets "NGC Exclusive."
I my somewhat verbose entry, I laid out the facts and why I thought it seemed like a bad move, and posed the question: "Is it just me?"
The members of the NGC Collectors Society have not let me down. I didn't hear from lots of people privately, but I've watched the additional journal entries here over the last week, including multi-award Journal winner Iowa Silver Baron most recently.
Is NGC taking a step in the wrong direction by making World Coin sets NGC exclusive?
Over the last year or two, NGC has greatly enhanced the coin registry to allow for expanded ways to manage your entire coin collection (NGC or not), which is part of the reason I was all the more surprised to read the announcement in NGC's most recently emailed newsletter which indicated that effective January 31st of this year, World Coin Registry Sets will become NGC Exclusive.
A link to NGC's announcement
Whether it was your 25th Anniversary SAE sets or other submissions, what do you think when you read the turnaround time on NGC's web site?
A question for the group, and I am having this post to the Message Boards as well. I welcome your private responses as well.
When you submit your coins, say under Modern or Modern Special (or any other) tiers, and NGC's site says 12 Working Days, like it does here:
http://www.ngccoin.com/services/services.asp
What do you take that to mean?
Do you t
Graded medals are less expensive than raw ones!
Here's another example of how purchasing coins, in this case a medal, from dealers already graded can be less expensive than purchasing them raw from the US Mint, and submitting them on your for grading, to NGC or otherwise.
While I don't ordinarily collect medals, in this case, the 9/11 Memorial Medal, made with ONE OUNCE of SILVER, and of a design which I found appealing, was something I wanted to buy. The medals are currently selling on the
...Nothing fancy, but affordable!
I nabbed this coin when making another purchase. Shipping didn't cost, well, a nickel! The coin itself is lovely at Pf69 Ultra Cameo from NGC, and it included an Early Releases Label -- not a huge deal for this 2011-S Jefferson Nickel with the Monticello Reverse, but would have increased the grading price if I submitted the coin myself.
All told, this slabbed coin cost me a mere $8.99, postage paid. Considering standard NGC grading fees, I swear it's chea
One too many?!
Previously, NGC was reluctant to jump on the "First Strike" bandwagon, and explained its rationale accordingly, since coins weren't necessarily the first coins struck. Thus, ultimately NGC devised a logical and more appropriate alternative designation with their "Early Releases" label.
While they earn no point premiums or otherwise, I understand why some collectors see some desire for these labels. Whether just for something other than plain brown, or to know that the coin h
A rhetorical ethical dilemma for the ages: What would you do if you found a similar hoard of ancient gold and silver coins-- or anything of similar value-- on the job? What would you do with such a thing that nobody even knew was there, and something that hasn't been seen in a millenium or two?
I caught this headline on AOL Welcome page when checking my email tonight. It certainly does beg the eternal ethical dilemma I pose above.
It also makes me green with envy: Why have I never worked
I went through roll after roll of Kennedys -- nada.
So often, my financial institution doesn't even HAVE Kennedy half dollars. During one of my rare visits, they actually had some rolls -- over $200 worth. So, I decided to buy every last roll they had, at $10 per roll as most of you know. I figure I go through them, and whatever I find, great. Whatever is useless to me, I can either spend, or just re-deposit, it is money after all.
Well, after a week, I've finally gotten around to going
I am with you -- at least partly.
Considering that most of us have not even seen the new Lincoln Cents in circulation, maybe not at all because they sold out at the Mint and cost a fortune on eBay, I personally like the idea of MILLIONS of coin collectors "buying out" the supply of coins.
However, I am not interested currently in the 2009 nickel, nor the dime. I want those Lincoln Cent rolls and bags released -- and now!
It doesn't hurt that they are also the least expensive thing making
Ok, here is a grown man saying that, but it REALLY is numismatic related, REALLY...it is! I swear!
If anyone is curious, I put the coin in a Signature Set called Milestones, since it was celebrating Barbie's 50th Anniversary. That said, I have a couple photos included, but you can see pretty sharp image of my specific coin with the certification number in "Verify NGC Certification" tool.
The coin achieved a proud PF70UC from NGC, who graded the coin because it was in fact a Perth Mint colo
Does this fall into the "Strange But True" category of news stories?
Well, after a recent posting, I've been asked to share the story. For those who are ANA members and who subscribe to The Numismatist (the official publication of the ANA), you may have seen this already in the June 2009 issue, p. 36, bottom left, entitled "Penny Pinching."
However, for those who have not yet heard the story, or who are not ANA members, I am reproducing the article here, giving due credit to the ANA, the Nu
First and last the same year, does that get us more for our money?
In 2008, I had a decision to make, I could afford only one set of Gold Buffalo coins, Proof, or Mint State -- I opted for Mint State.
I was just reading on the USMint.gov web site the at the following link:
<a href="http://https://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&>https://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&storeId=10001&catal
What's up with that? It's not just the P.R. Quarters that are hard to get either. More like impossible for that matter.
I saw someone write that in another part of the country, they couldn't get Puerto Rico territorial quarters. I'm here to tell you the problem is widespread.
I have a family member (an in-law) who works in a bank, and ALL through the program, she got me FOUR rolls of each quarter (two for me, one for my mother, one for my grandmother, and a couple dollars worth of loose
But some of the new sets that were added allowed me to lower (or increase) my ranking, depending how you look at it, from 65th, now to 63rd.
I gained a couple thousand points in the process and was delighted to display some coins that I've had for a while that I was never really able to show unless I took the time to create one of the Signature Sets.
For some, I had photos. For many, unfortunately, I did not. As with many of my U.S. sets, the sets are scattered, in that I dabbled a little
What am I talking about? Has anyone ever HEARD of Tuvalu?
Or does anyone know that the Perth Mint in Australia produces many coins for Tuvalu?
Well, this is the 50th Anniversary of BARBIE! Tuvalu, in coordination with the Perth Mint and even Mattel, issued an official coin in honor of this milestone, with Barbie looking as she originally did.
The coin is colorized by the Perth Mint (not after market), in a color specified and as I understand it, patented by Mattel or something like that,
Check out the World Coin Sets for Australia, the "Kookaburra Silver Dollars, Including Varieties, Complete Set"
My set name is: Bully's Kookie Kookaburra'sMy set is hardly impressive at only 5%, with 7 coins I think, 6 of which FINALLY now have images! However, what I think may make this set interesting to some collectors, is the "crossover" collectibility to many of you as collectors of different things:What are they?Well, in the set I have the only five in a series (to the best of my kno