What % of 25th ASE sets remain in OGP?

Discussion in 'Coin Chat' started by Silver soul, Jun 7, 2013.

  1. Silver soul

    Silver soul Member

    Just curious....I say around 50%.
     
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  3. Cochisz

    Cochisz Chief coin collector

    50 percent is a good guess, boxes of 5 are still showing up on Fleabay that are eligible for early release.
    this is really good for OGP collectors. I don't have access to all of ngc and pcgs and anacs records but if someone wwould add them all up it would give us a good approximation .
     
  4. Phil Ham

    Phil Ham Hamster

    I still have a unopened box of 5. Since I purchased it within 20 minutes of opening, it should also receive the early release status. Furthermore, the box is in AU condition:) How many boxes of 5 remain in AU condition? I'm guessing that it is less than 500.
     
  5. green18

    green18 Unknown member Sweet on Commemorative Coins

    Well, heck, I've still got one. Sold 4 others but I know not their fate. I suspect they were submitted to 'slabby land' as I sold the sets to dealers.........
     
  6. Doug21

    Doug21 Coin Hoarder

    Why would early release add any value to it ?
     
  7. mikenoodle

    mikenoodle The Village Idiot Supporter

    I have asked that question for years now, Doug. I still haven't gotten a satisfactory answer
     
  8. I still have my one set in OGP. :) TC
     
  9. onecenter

    onecenter Member

    Same here, only I purchased five sets.
     
  10. PittsburghMom

    PittsburghMom Active Member

    I was too new to coins at the time and only purchased 3 sets. They were sold out by the time I went back to purchase 2 more. Life & 4 kids caused me to sell most of them (at a very nice profit!!), but I do have 1 error coin left that I'm hanging on to. What are the reverse proof's getting nowadays? I haven't checked lately.
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

  12. PittsburghMom

    PittsburghMom Active Member

    That's the best news then. I sold all of my 70's for $525 - $575. Thanks for making my day! Maybe I'll even look into repurchasing a few in the near future at those prices!
     
  13. Paddy54

    Paddy54 Well-Known Member

    I still have my set unopened ...well should say unopened in US mint Gift Wrap. I don't know if I'll ever open it I made purchases of the two key coins afterwards and had the other 3 from an earlyer purchase. So it will remain until I get very bored or drunk .....Ha who ever heard of a drunk Irishman. :)
     
  14. green18

    green18 Unknown member Sweet on Commemorative Coins

    Paddy, I could never do that. What would always be in the back of my mind is that maybe, instead of sending me a 25th anniversary set, the 'boys' screwed the pooch and ended up sending me a silver proof set or an uncirculated set by mistake........:devil:
     
  15. medoraman

    medoraman Supporter! Supporter

    IDK about everyone else, but I had them send back the packaging. Couldn't someone just recreate OGP if they wished?
     
  16. Phil Ham

    Phil Ham Hamster

    For the same reason that the first reprint is worth more than the last one. It doesn't need to make sense, it just needs to make cents.
     
  17. Paddy54

    Paddy54 Well-Known Member

    Ken , I know it's the set as my nephew ordered 5 of them ,and he did not know about the gift wrap opt. He was asked he said yeah why not.{ As he's was not a collector} ..he thought that the gift wrap would add to the ease of selling the sets. Again he did not understand these were going to sell no matter what! In fact I think he got the sets all 5 for only one reason...He had placed his order and was confirmed and then got an e mail stating his order was cancled. I believe that his order filled because he had ordered them gift wraped. Here's why as I think the mint in advance wraped so many sets so they could have them ready for shipping ....after wraping them they did not want to loose the money and labor thus...when the orders were filled those whom opt for the gift wrap got the sets over those who did not. I did get one set sent to me after I was told my order was cancled. unwraped I traded him my unwraped set for a wraped one. That's how I got a wraped set in the US mint gift wrap paper. :)
     
  18. Good point. There is a decent secondary market for OGP (no coins). People do not throw anything out. I am guessing that very few OGP for this set resides in a landfill. TC
     
  19. Conder101

    Conder101 Numismatist

    No good reason, but there are a lot of people willing to pay a premium for no good reason.
     
  20. Blaubart

    Blaubart Melt Value = 4.50

    I think at least some of those people believe they do have a good reason. Of course most of those people just don't understand what the "Early Release" and "First Strike" designations actually mean.

    It's a reasonable assumption that coins with these designations were given special treatment at the mint, or that they were the first coins struck from new dies. Reasonable enough that the US Mint chose to release a statement addressing them. The reality is that it all comes down to the postmark being within 30 days of release and there's no way to tell which coins were struck with a brand new die and which ones were struck with a borderline worn out die.

    IMHO these designations are nothing more than excellent examples of marketing being strong enough to overpower ethics in business.

    I'd be curious if there are any special edition runs where all the coins produced were shipped within a month, making all coins eligible for one of these designations.
     
  21. medoraman

    medoraman Supporter! Supporter

    Many uninformed collectors are taught that "Early Release" is somehow a premium product. Its simply old fashioned, coin dealer long con in my eyes. I actually let my NN subscription lapse because they had an article in there of the "extreme rarity" of the MS70 Early release GRADE for certain issues, (and had different grades and pop reports shown, with Early release being shown as a different grade than "plain" 69's and 70's). Sorry, but I refuse to support a numismatic paper who refers to "Early Release" or "First Strike" as part of a GRADE.
     
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