No Speedy. It is really GOOD! The more that are sent in just makes original sets more rare and more valuable. Remember we're talking about a set with a very limited run to begin with. You will soon see ebay flooded with 68 and 69 slabs and the original sets will soon become the rarity that collectors will desire. I opened one set to display with my collection. Some are going as Xmas gifts and the 2nd shipment will not be opened or sent to be certified, but just tucked away and forgotten......for now.
I'm with you. The coins are so beautifully made and so close to perfect, I see little to be gained by taking them out of their display box and putting them into slabs. They're all going to grade 69 or 70 anyway. I tend to like keeping things in the original packaging, but I realize, that's just my own preference.
And if the population keeps increasing what will that do to future values? Why would you want it back?
I would guess that you could probably crack the coins out of the slabs, stick them back into the mint's packaging, and no one would ever know? Bummer, there goes the premium for my all original ASE set.
That's what I'm thinking.. the capsules come apart and together easily, and with the mint box and papers, who would ever know the coins were slabbed? Nothing. Virtually all of these coins are 68 - 70, unless they were damaged during shipping.
Nothing wrong with that I agree (returning the packaging). Something just tells me that this may not be a good practice. I just feel this opens the door for re-stuffing (low quality) and dumping. Sort of like what I have read about that happens with proof sets, re-filling them with low-end coins and selling as "unopened" to unsuspecting buyers.
You can blame the Mint for that. Why they make them so easy to open is beyond me. They should be sealed with some sort of holographic piece of super sticky tape on each side of the plastic holder or something like that.
I am with you on that old Silver. Have two shipments coming in. first one to play with the 2nd to tuck away in a dark corner somewhere. Personally with these sets, the only ones i would want are those I received directly from the mint or slabbed by one of the the two main TPG's From what i hear the 70 is close to impossible to get but there seems a long ways to go before a lot of them are graded.
[ gxseries, I would not agree with your statement here. Send an ASE set to "STAR GRADING SERVICE"! The have yet to sell a grade lower than PF70/MS70 on any of the sets sold by their e-Bay partner ABONCOM. Current auctions here... http://search.ebay.com/20th-anniversary_W0QQcatrefZC5QQfbdZ1QQfclZ3QQflocZ1QQfposZ94565QQfromZR6QQfrppZ50QQfsooZ1QQfsopZ1QQfssZ1QQftrtZ1QQftrvZ1QQnojsprZyQQpfidZ0QQsaaffZafdefaultQQsacatZQ2d1QQsacqyopZgeQQsacurZ0QQsadisZ200QQsargnZQ2d1QQsaslZaboncomQQsaslcZ0QQsaslopZ1QQsofocusZbsQQsspagenameZhQ3ahQ3aadvsearchQ3aUS"]CLICK THIS LINK Completed ones here... http://search-completed.ebay.com/search/search.dll?GetResult&sacat=-1&ftrt=1&coaction=compare&saslop=1&fsop=1&sadis=200&from=R10&sasl=aboncom&sargn=-1&sofocus=so&copagenum=1&fss=1&fpos=94565&sacur=0&saprclo=&fis=2&fcl=3&saaff=afdefault&sbrftog=1&catref=C5&frpp=50&satitle=20th+anniversary&saprchi=&coentrypage=search&ftrv=1"]CLICK THIS LINK I KNOW, I KNOW...... THAT'S NOT WHAT YOU MEANT!
I have a almost a complete set of ASE and I've never had any of them graded, and I doubt I'll have the Anv. set graded when I get them. I just feel like, if I want them graded I can do that anytime. Is this a mistake?
My point is this: Why don't the US mint work together with the grading company? All this is creating havoc, chaos as well as huge disappointment with many people. Not only will it save packaging (seriously how much are there wasted?! Wait, maybe the TPG companies are kind enough to send it to the mint? - Doubt it), but it will save a lot of time and probably money at the same time. I mean, PCGS has done it with the French coins with its D-day commemoratives but I'm not too sure if it's done later with other coins.
sgs I looked at the completed auctions.WOW it is amazing what people will pay for coins in phoney slabbs. Some payed over $500 for coins they can still have a chance to buy from the mint for $100. It's a good thing (bad thing?) I am to honest to buy some coinworld slabs and set up an ms 70 shop. Those guys at sgs are making a monster profit. It's kind of scary.
I was reading this post as the Fedex guy rang the doorbell with my first three sets. Are you guys saying that I can't even open the outer shipping box if I want NGC to grade these coins? What is the logic in that demand? I wanted to give these as gifts and thought that I had the option to at least show my kids what they looked like before having them graded. Realistically, how much could be lost buy not having them graded at all? Is this info on NGC's website? Oops! Answered my question Special Instructions for Submitting 20th Anniversary Eagles to NGC Posted at 9/26/2006 4:54:49 PM In celebration of the Twentieth Anniversary of the American Eagle Bullion Program, the US Mint is issuing special commemorative sets. The Mint will be selling three different sets which include three different formats of both the silver and gold American Eagle, including a proof coin, an uncirculated coin with W mintmark, and a reverse proof. Coins from these sets will be pedigreed as EAGLE 20TH ANNIVERSARY. A special NGC commemorative label will also be available. Because some of these coins are also available individually from the US Mint, special instructions must be followed in order for coins to qualify for this pedigree. Coins must remain in the sealed shipping boxes used by the US Mint, and the entire unopened package must be forwarded on to NGC for certification. NGC must open these boxes in order for the coins to qualify for the EAGLE 20TH ANNIVERSARY. Additionally, submitters requesting this designation or special label must submit these coins on their own submission invoice. The 20th Anniversary coins cannot be mixed with other coins to qualify for this pedigree. These submissions must be sent to the NGC offices in Sarasota, FL. Due to the special handling required, NGC will not accept submissions of these sets at trade shows. US Mint boxes and packaging material will be returned to the submitters, and a surcharge will be assessed on bulk submissions for this service. Dealers should contact NGC for bulk submission instruction and guidelines. As of this release, all 2006 reverse proof coins will be eligible for this pedigree and label regardless of mint packaging, as these are only sold in Twentieth Anniversary sets. Uncirculated and proof coins with W mintmark will not qualify for the designation if not submitted in sealed packaging. Questions? Contact NGC Customer Service at service@ngccoin.com or 1-800-NGC-COIN. This article revised on 10/17 to include above note regarding trade shows
I do not dis-like them for making money, but for the way they grade and then take advantage of people. Some people just do not do any research and get bad deals by people like SGS and HSN. Those are not the only two that do this - I wish I could filter out all auctions by certain sellers. It would reduce the number of auctions I have to look at. I personally would not get the coins graded. So far the only coin I really want to have and get graded is 1995W, but this coin will have to wait a while.
Mark_h, This can be done on e-Bay. You can "exclude" up to 10 sellers that you do not want to see their items in your search. Go to "Advanced Search" and in the area titled "From Sellers" you need to click the button on for "From specific sellers (enter sellers' user IDs)" and change the default "Include" to "Exclude" .
I've noticed PCGS are grading a lot of the silver reverse proofs PR68. There might not be too many 70's out there after all.
Thanks - I never really thought about that. I already have defined searchs for specific years and grading companies. I never thought about a generic search on a category - minus a few sellers names. I think for my IHC I could come up with 10. Thanks again!
You can still have them graded if they have been opened, as NGC will grade any problem free US coin. It's just that you won't get the 20th Anniversery Silver Eagle label on the slab for the uncirculated W mint mark coin and the normal proof coin, as NGC can't tell if those two coins were part of the set if the set has been opened (the mint sells both of these coins as singles). You'll still get the label on the reverse proof, as the only way to get one of those is from the set. So it really boils down to how important the label on the slab is to you. As far as I'm concerned, a 2006W silver eagle is a 2006W silver eagle, no matter where it came from. It would seem that the market disagrees with me though.