Announced today: "Certified Rolls Available! Great New Innovation Now Offered A new hot item...a brand new release from PCGS - certified rolls of coins! We think this is a great item and should sell out fast. Get yours now! " PCGS is slabbing the entire roll! Neat, next item to come: Slabbing bags!
That reminds me of the IGC? rolls of 20 pres dollars gradded ms 63 or better. pretty safe bet that any new bank roll is going to have 20 ms 63 or better. I can't remember the price, but it was laghable.
Can imagine how booooooring it must be, being a grader sitting there in your little cube looking at ASE after ASE after ASE.....uh 69 uh 70 uh 70 uh 70 uh 70 uh 69? They must long for the days when something like a 1796 quarter or a 1922 plain or something interesting comes in.
I'm with you on this. I think it's a really dumb idea. I realize there are people who care if something is first day of issue, but WHY?
If there's someone dumb enough to buy it, there will exist someone willing to sell it lol... I can't think of any logical reason to care whether a given coin is the first one struck or the 100 millionth one struck... all that matters is the condition of the coin right? I can buy that the best strikes will be the one made from the earlies die states, but the Mint produces hundreds of millions of these coins and has to to change the dies often, so the 100 millionth strike has just as good a chance of being high quality as the first one. I'm glad even people who otherwise defends slabbers realize this is a dumb idea. Sadly people do exist who will buy these things. If PCGS discontinues the practice for lack of demand I know on some future TV shopping show someone will be marketing these as "rare coin roll slabs! No longer made!" Depressing thought isn't it?
I'm just going to stare blankly for a while... :goof: Aaaaaaaaaand now I'm going to have less respect for TPG's in general... :whistle:
Slabbing bullion coins never did make much sense to me... You're right, most are high grade anyway (unless completely abused) and I can't imagine paying top dollar for 1 ounce of gold (or silver) because it's "MS-69". But that's just my opinion.
1 you canteven see all the coins so mabey the 1st one is that grade and the last one is that grade but you cant see 2- 19 in the dollar rolls
No, as far as I now SGS has never slabbed rolls. ICG did it before PCGS and that's probably where they got the idea. (ICG's slabbed rolls are even sillier because the plastic is opaque and you can't see any of the coins.) The first service to slab rolls though was Blanchard back in 1989. But their dollar roll was slabbed as a flat slab with the twenty coins arranged in five columns of four coins.
