Question about 2015 Silver Eagle PCGS Label

Hello everyone,

My question is regarding the new 2015-W silver eagle PCGS label. Does anyone know what the "First Day" means. Was this released at some kind of show or something. I have seen these coins with "Baltimore" instead of "First Day" as well. Can someone explain this. Thanks.

 

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It probably means the "First Day of Release" which offers as much value as the term, "First Strike"............Nothing!

Chris

 

You know what is more interesting about that label: PCGS has just started designating burnished eagle coins as SP (Specimen Proof) as opposed to MS as they did in the past. TC

 

No way to determine whether or not these were stuck with 1st generation dies. arbitrary at the least.....

 

Means the coin is worth a lot less than the selling price...

 

I think it means the coins were received by PCGS before a certain date . But to me it means absolutely nothing as it's just a gimmick to get people to pay more for the label than the coin is actually worth . PCGS has no way of knowing if a coin was struck 1st or 3rd or 100,000th . All my eagles except a reverse proof are in OGP and the only reason I have a slabbed one graded 69 is a friend told me of a sale someone was having at the time . It's just hype !!!!!

 

"SP" means Specimen. See PCGS Descriptions.

http://www.pcgs.com/grades/

Chris

 

There was once a famous dealer on the PCGS forums. He called PCGS out on just how honest these type of labels are. They gave him the boot for questioning it. Several others were banned over the topic as well.

 

PCGS will ban you for just about anything you might say on their forums that casts dispersions on them.

Chris

 

I'll give them a "specimen"....

 

Who cares if it is a first strike or not.... as long as it is a beautiful coin

 

Question: I am curious, outside of buying ASE's on OGP for the Grandkids, unusual varieties and/or errors; why would you pay a numismatic premium
for bullion coins?

 

No idea how to answer your question, but +1 on giving ASE to your grandkids.... Grandpa did the same thing.... He had a huge family (7 kids and they all had kids) so I have ASE from 89-99.

We all thought "grandpa gonna give us a lousy coin again...."

 

Because it is a collectible!

Chris

 

LOL, yeah, EASYE418 - understood. No one gave proofs, unc's or anything like that when I was growing up. Would take my money and buy one after Xmas each year. Foolishly collected them since I was nine, then sold most of my collection of proofs, unc sets, much of my coin collection, and a couple hundred CWT's when I was in my late 20's (you know, starving young family with small kids, needed money when we moved)...regretted it ever since! I have 6 girls, and they are now at the age of dropping Grandkids (3 with one coming). Slowly building a collection again, but focusing on Ancients as I love ancient history. However, I have some bullion too. Figured that OGP ASE's would be a "bullion" type gift for "silver investment value" in a cool box (of course WAY over-priced), and might get some of the tykes later to take some interest in coins. They get their B'day and Xmas toys from us too... I have traveled to about 35 countries on business, so I have a lot of coins and currencies they would have fun looking at as they grow up...

 

First Strike™, Early Release™, and First Day mean that someone paid extra for a label, thereby subsidizing the rest of the TPG's services

 

Oh, yes, I agree. Everything potentially is collectible - no judgement here! Heck, I collect Humpty Dumpty's! LOL. Just curious how folks make a bullion item a collectible, other than unusual strikes, varieties, errors, etc. I just view the AGE's and ASE's as bullion (yes, I am looking for the 2015 wide vs narrow reeded 1/10 oz AGE's, etc.) Just curious what the collectible motivation is...

 

Speaking of Humpty Dumpty, I found one with a crack in it. How much is it worth?

Chris

 

LOL, Chris! i was OBSESSED having my mother read me that rhyme from the Mother Goose book when I was really young. Have a few cool figurines from wood to brass that just harken to those wonderful memories! It is why i love to collect ancient coins...i can associate them to ancient histories in my readings and travels.