Message:

<p>[QUOTE=&quot;19Lyds, post: 2851884, member: 15929&quot;]This is what is known as a &quot;Partial Edge Lettering&quot; or &quot;Weak Edge Lettering&quot; coin and PCGS would grade it as such. However, the $60 price tag on such a grading far exceeds the current value of the coin.</p><p><br /></p><p>There was a time when such an error could command some decent premiums which, if I am not mistaken, are still reflected in PCGS&#039;s Price Guide.</p><p><br /></p><p>Prices in whole dollars and MS grades from 63, 64, 65, 66.</p><p>[ATTACH=full]676998[/ATTACH] </p><p>Position A and B lettering are explained at this link:</p><p><a href="https://www.pcgs.com/News/Pcgs-To-Recognize-Orientation-Of-Edge-Lettering-On-Presidential-Dollar" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/News/Pcgs-To-Recognize-Orientation-Of-Edge-Lettering-On-Presidential-Dollar" rel="nofollow">https://www.pcgs.com/News/Pcgs-To-Recognize-Orientation-Of-Edge-Lettering-On-Presidential-Dollar</a></p><p><br /></p><p>First Day of Issue coins (FDI) are coins received by PCGS on the day they were released to the public. (Postmark proof meaning, if the coins were release on 4/1/2007 then the postmark on the shipping box received by PCGS was required to be 4/1/2017)</p><p><br /></p><p>Sadly, when the White House announced on 12/13/2011 that Presidential Dollar Production would be halted except for collectors, the entire Presidential Dollar coin Market Collapsed. Absolutely Collapsed.</p><p><br /></p><p>FDI submissions, in 2008, were specifically restricted to PCGS Authorized Coin Dealers so those fine folks now controlled the market which meant that us trivial collectors could no longer get our own FDI coins graded.</p><p><br /></p><p>But, such is the Coin Collecting Game as governed by the TPG&#039;s. They literally control the market for modern era coins and they shut this one down.</p><p><br /></p><p>As for the lettering itself? From what I understand, the edge lettering is applied in a completely separate step from the minting process although the US Mint has rigged up a system whereby coins are fed into the edge lettering machine immediately after they are minted. At any rate, this machine is similar to the upsetting mill where the coins are fed into a feeder slot and then whipped around a circular slot to get the lettering applied.</p><p><br /></p><p>If the pressure is not just right, the lettering can come out weak or, in some cases, very strong! Sometimes, coins get hung up in this processes and the lettering over laps or gets expanded or just jammed up.</p><p>Any damage to the coin will nullify receiving a weak or partial edge lettering attribute.</p><p><br /></p><p>At one time, I was pursuing this Registry Set but when the market died, so did my interest as it just became too difficult and too costly to continue pursuing it.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in