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namvette68

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Journal Comments posted by namvette68

  1. They(eBay) certainly take a large chunk out of my bottom line when I sell a coin. It's becoming a break even arrangement. The dealers I have worked with for years, will be history. Coins are getting out of sight on price today anyway. I don't need a silver Eagle without a (P) mint mark either. What's wrong with the West Point strike without the (W)?

     

  2. I did not know it.I am not lucky enough to fine a genuine one, as I originally had hoped.

    I was told that the Chinese Panda is another victim of this reproduction idea

    One reason I do graded coins. I let the grading authority certify the them.

  3. If prices rise, the Mint will produce a low mintage P and D issue. Dealers are the only beneficiaries of this created rarity. One coin per household doesn't include bulk dealer sales. Only dealers are allowed certain grading labels also. How do they rat the "special" first 100, signed editions? Greed is beginning to rule the collecting community. Some of the graded issues are at sale for over $20,000. It's the same 70 that I have, and paid less than $70.00 for it. I have 2 ounce silver coins in PF70, with less than 500 mintage, and cannot get even $800.00. Mint marks are a hoax too. If you want a decent set, you have to have it, and they know that! 

    P.S. Mine is in scratch resistant holder......I wasn't allowed the FDOI label either.

    2019 S EAGLE ENH REV PF 70  18754 OBV 4757777-001  001.jpg

  4. The Mint issued 30,000 Silver Eagles in one day! All should have been eligible for a FDOI label, if the sealed package was received , intact, by a third party grading company. There were no "bulk" submissions. Dealers seem to rule when it comes to who gets what, and how many. Mine is for sale.

    2019 S EAGLE FIRST REELEASES ENH REV PF 70  OBV  4757777-001   001.jpg

  5. I understand how it is done, but the coin is obviously FDOI pedigree, and I cannot get it? One label will not break NGC. I guess I will have to beg someone that has the label. It will still be "my coin", regardless. Just a bit upsetting that all members are not entitled.

    NGC Cert #
    5826281-003
    NGC Description
    2019 S Eagle First Day of Issue S$1
    NGC Grade
    ER 70
    Pedigree
    COA No. 25444
    Label
    First Day of Issue
  6. From the NGC page:

    NGC will designate select coins in the order in which they were struck by a mint. The minting must be witnessed and documented by an authorized representative of NGC or the coins must be accompanied by official mint documentation that individually identifies the order in which the coins were struck. The NGC certification label will indicate this order (e.g. “First Coin Struck,” “Second Coin Struck,” etc.). This designation is generally made available only to submitters of bulk quantities of qualifying coins. An advance request is required and there is generally a higher grading fee for the special designation verification and attribution.

    I will try to get my Eagle numbered accordingly. 

  7. The 2019 S "Enhanced" Silver Eagle is at resale prices of almost $3,000. A $70.00 coin? 30,000 mintage.....That's a joke. I have silver coins with only 500 to 1000 mintage, and nowhere near that price. Being first to own one is a premium, but how greedy are we getting? West Point adds an "S", and the hobby has to be held hostage.

    P.S. Dealers are advertising multiples already, and the limit is 1 per household? I will be looking for a specific label also. 

  8. I have a few colorized, graded coins, in my Ghana collection, and now, NGC refuses to grade those I send in. I sent a few more to make sets, and now it is impossible. "Colorized outside the mint" is the excuse. A silver Eagle with an S mint mark is the same. West Point simply changes the die. The (W) on the Eagle is also another ploy to sell coins. They all come from the same place.....P mint marks also. Who cares how, or where the coin is struck....it is still a coin, and should be collectible within set parameters. Now I have hundreds of dollars invested in coins that are only worth melt? SmartMint will destroy the hobby as we have known it in the past. I just sent one in that has 10 different rare metals. It will be the first graded.....or not. Checking my sets will tell.

    Happy collecting!

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