I don't see anything wrong with it either, but what's the point? Is someone actually worried that a fake coin may not be a genuine fake?
Went to the MCM site and found the coins/commems. There are 3 in the series for $599.00 This is right off their website: "In an agreement with the Carson City Mint, we have had these special .999 fine Silver commemoratives struck to bring life to the "Coins that Never Were." These commemoratives were struck at the Carson City Mint using the same press that minted the original Carson City Morgan Silver Dollars!" I think it's rather cool, but I think the price is a little too steep.
Price is $553 too steep for what is essentially 3 silver rounds with a lot of worthless marketing surrounding them.
I agree with this. It could even be a cool souvenir purchased from the gift store. For that kind of money I'm out.
Someone must of got their hand greased pretty good to pull this off. The CC mint most of the time only mints to order. The last item I purchased from them a pony express medal were only minted one day a month, and only in the amount of orders they had for the item. So if they minted on let's say the 25 of the month and you ordered came in the 26 you waited just about two months to get the medal. No way are these worth the money they are asking.... I'm sure the pie has to be cut in some pretty larger slices to get this off the ground. So roughly $36.00 in silver for $599.00 that a real deal..... Not!
Sure... and ANACS has been doing this sort of thing for a while now, so why not? If we're really luck, at the rate things are going, perhaps in a few years we'll have super cool stuff like 1987 Peace dollars floatin around; after all, a fine precedent has been set and it seems there's a growing market for "not a copy" copies of coins and medals these days. As the old saying goes, "be careful what you wish for".....
For the record, I think TPGs have helped the hobby much more than they devalue their services with practices like this, but are they really struggling for submissions to make some cash? Apparently not judging by the turnaround time of my last submission. I just wish that knowing how to grade, studying the market and knowing the series that you're collecting still meant a thing or two. I'm 39, but I remember the days before TPGs ever had a marketshare and it was possible to find quality coins without having to deal with population reports and plastic cases (not to mention eBay or the like). Maybe I'm just old school, but those days were fun if you took the steps to learn the hobby. Today it's all about making a buck more than it is to be a collector. Even the mint is propagating this with all of their "instant rarity" offerings. To me, this is all making the hobby much less fun, but I love it anyway.
I get that impression from lots of posters here, not so much from the regulars or the ones who've been at it a while. Population reports, registry sets, and encapsulation do not excite me...that's probably why my MPC collection is so small (and big prices).
There is nothing on the slab to indicate it is even silver plus the serial number does not compute. Duh!