Now we have a new Early Early release label

Discussion in 'Coin Chat' started by Vess1, Aug 24, 2021.

  1. Vess1

    Vess1 CT SP VIP Supporter

    Anybody see this yet? So this is where the early sales went. My $73 S proof is still on back order and these guys have them graded ready to go. 5 sold.

    C1D12A9E-BA4E-4F4B-99A2-D110B4311CDB.jpeg
     
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  3. potty dollar 1878

    potty dollar 1878 Well-Known Member

    LOL now we've seen it all-not!!!!.
     
    Inspector43 likes this.
  4. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    That tells me that it was one of the last produced. Inventory System First In - Last Out. Snake Oil Salesmen will find suckers no matter where they hide.
     
  5. baseball21

    baseball21 Well-Known Member

    Those are the early offerings to the authorized dealers. About 10% of the mintage is available for sale to them at a significantly higher cost. The pay a HIGHER price than the release price and are responsible to arrange delivery of them themselves. The mint wont ship those. Then they get them to the TPG before the release date for those types of labels
     
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  6. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    I'm not a fan of the process, but, that is the way it is.
     
  7. Mac McDonald

    Mac McDonald Well-Known Member

    So where do they line up in 1,2,3 order: Early...First...Advance...or...?
     
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  8. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    Great question Mac.
     
  9. alurid

    alurid Well-Known Member

    A slab that said "Delayed Release" would be worth more! As long there were not more of them, than the advanced release ones.
     
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  10. baseball21

    baseball21 Well-Known Member

    Early and first are the same thing NGC just has two different terms. Advanced would be 1 in both when and price, then first day, then the first/early
     
    Mac McDonald likes this.
  11. Vess1

    Vess1 CT SP VIP Supporter

    I know, I’ve been reading about the situation. I guess I shouldn’t be surprised that NGC is in on it too or that people are willing to pay 6x issue for a label. There’s 200k mintage. The last is going to be as nice as the first. It’s amazing that people think the dies are worn out by the end. Who knows how many they’re using and it’s not that big of a mintage.
     
  12. baseball21

    baseball21 Well-Known Member

    It's not that they think the dies are worn out by the end they just like it. The ultra modern market really likes stories and issues like that. Its the double whammy too being the brand new design
     
  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    Where there's a will, there's a 'buck' to be made.........and if all of you guys, staring at goats (and following the 'Judas' goat) buy into it, all hope is lost...........Virgil?
     
  14. Conder101

    Conder101 Numismatist

    True because these are proofs, and they retire proof dies after only around 3500 to 5000 coins.
     
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