1st strike silver eagles are now "treasures" according to Teletrade

[midwest]

Another day another designation oh yeah a real treasure

 

I must admit they actually have some pretty neat coins under this designation but this one throws me

[gmarguli]

How'd this 1997 coin get the First Strike designation? I thought this moronic program was new?

[michael]

a treasure

 

how many of these treasures are the principals/owners of these selling venues

 

putting away in their retirement funds and it their kids college funds

[HaydenTubbs]

What a load of male cattle poop!

[Hoot]

What a load male cow poop!

 

God Almighty, Hayden, please look up the definition of "cow."

 

 

Hoot

[HaydenTubbs]

What a load of male cattle poop!

 

God Almighty, Hayden, please look up the definition of "cow."

 

 

Hoot

 

Oops!

 

Big time edit needed there!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[HaydenTubbs]

 

God Almighty, Hayden, please look up the definition of "cow."

 

It's always nice to hear people acknowledge God’s sovereignty...

[James_OldeTowne]

What's funny is the auction is for a lot of "10 items". As if to say, "each of these 10 coins was the first one struck off this pair of dies".

 

Really, can PCGS get more ridiculous than this program? Even "early strike" would be pushing it as a designator.

 

Perhaps the ultimate irony is that the earliest coins struck off a pair of dies are often not the best struck examples, as die adjustments are made throughout the die-life to improve the strike (or so I understand).

 

James

[EZ_E]

What a load male cow poop!

 

God Almighty, Hayden, please look up the definition of "cow."

 

 

Hoot

 

Really!

 

Oh, Hayden, that's redneck humor but oh so true.

 

Bull = mating male

 

steer = cut male

 

cow = female that's given birth

[HaydenTubbs]

What a load male cow poop!

 

God Almighty, Hayden, please look up the definition of "cow."

 

 

Hoot

 

Really!

 

Oh, Hayden, that's redneck humor but oh so true.

 

Bull = mating male

 

steer = cut male

 

cow = female that's given birth

 

And what would you know about redneck humor?

 

 

 

 

[Beijim]

And what would you know about redneck humor?

 

What I'd like to know is how he's so well informed about livestock?

 

Heh heh. Oops. Sorry, Victor...

 

Beijim

[Beijim]

In a fascinating demonstration of just how bogus this designation truly is, a search on the PCGS web site for "first strike" yields exactly NO information whatsoever, other than this posting on their message board expressing the same level of doubt as seems to prevail here.

 

The term "first strike" is similarly absent from both the Lingo and FAQ'S sections of the site. I'm hoping someone will correct me and provide a link to the place where PCGS proudly discusses the designation, describes its precise meaning, and explains why such a designation makes one MS-anything better than another.

 

Until then, I'm not holding my breath, just my belly.

 

Beijim

[Beijim]

Finally, regarding the ridiculous Treasure designation, it appears to have been misapplied in this particular listing. According to the definition, "Treasure" applies to coins with a value at or above $2,500. If Teletrade wants to pay me $1,000 per First Strike 1997 MS69 Silver Eagle and sell them for $2,500, they know where to reach me.

 

Therein lies the one of at least three aspects that make this designation proliferation ludicrous:

• Designations are pointless if you don't use them correctly and consistently.
  
• Too many designations is worse than none at all.
  
• The Treasure designation in particular seems to imply that some collectors search only for coins whose value exceeds $2,500. What is that?
  

I suppose this is the point where you just have to throw up your hands, roll your eyes, and say, "Whatever."

 

Beijim

[EZ_E]

And what would you know about redneck humor?

 

What I'd like to know is how he's so well informed about livestock?

 

Heh heh. Oops. Sorry, Victor...

 

Beijim

 

'cause we've been very, very close in the wee hours of the morning in Arkansas. But! don't judge me none 'cause I'm very selective and only choose the purdy ones.

 

[Beijim]

'cause we've been very, very close in the wee hours of the morning in Arkansas. But! don't judge me none 'cause I'm very selective and only choose the purdy ones.

 

Moo. Heh heh.

 

This was a good (and welcome) laugh . Rock on.

 

Beijim

 

P.S. My uncle, when he thought someone wasn't the brightest bulb on the string, would say, "That guy couldn't tell a heifer from a Hereford." That cracked me up.

 

Totally