Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2011 25th Anniversary Silver Eagle Set
>
Reply to Thread
Message:
<p>[QUOTE="ClairHardesty, post: 1299426, member: 34169"]Whether or not it will be worth spending $450 to have First Strike labels put on five sets of coins by PCGS will ultimately depend in large part on how many MS/PR70FS sets can be assembled from graded coins and the market demand for such sets. If, as I suspect, the bullion coin will be the key to assembling such sets, getting just one coin labeled as MS70FS could by itself pay for having all 25 coins labeled and much more. So far this year, over half of the MS-W and PR-W SAEs submitted for grading have come back as 70s and the MS-S should do just as good. I think the PR-P (reverse) will see a slightly lower performance but that the bullion coin is likely to come back with the lowest percentage of 70 graded coins. That will make that coin the key to assembling "perfect" sets no matter how else they are labeled. The $18 per coin up front cost of First Strike labeled coins makes them much rarer (totally artificially but still quite factually). Since NGC will label all coins submitted before the cutoff date as Early Release, the percentage of so labeled coins will depend on how many are sent in before that date. PCGS technically has no cutoff date. As long as the coins remain sealed in the dated mint shipping container, they can receive FS labels at any time. NGC allows dealers to send large amounts of coins for safe keeping but to delay grading (and receiving ER labels) for up to one year after going on sale. PCGS has set the postmark date at November 27, by which time most if not all sets should have shipped. Depending on how NGC handles the upcoming holiday, the coins may have to reach them no later than two weeks from today to qualify for ER labels.[/QUOTE]</p><p><br /></p>
[QUOTE="ClairHardesty, post: 1299426, member: 34169"]Whether or not it will be worth spending $450 to have First Strike labels put on five sets of coins by PCGS will ultimately depend in large part on how many MS/PR70FS sets can be assembled from graded coins and the market demand for such sets. If, as I suspect, the bullion coin will be the key to assembling such sets, getting just one coin labeled as MS70FS could by itself pay for having all 25 coins labeled and much more. So far this year, over half of the MS-W and PR-W SAEs submitted for grading have come back as 70s and the MS-S should do just as good. I think the PR-P (reverse) will see a slightly lower performance but that the bullion coin is likely to come back with the lowest percentage of 70 graded coins. That will make that coin the key to assembling "perfect" sets no matter how else they are labeled. The $18 per coin up front cost of First Strike labeled coins makes them much rarer (totally artificially but still quite factually). Since NGC will label all coins submitted before the cutoff date as Early Release, the percentage of so labeled coins will depend on how many are sent in before that date. PCGS technically has no cutoff date. As long as the coins remain sealed in the dated mint shipping container, they can receive FS labels at any time. NGC allows dealers to send large amounts of coins for safe keeping but to delay grading (and receiving ER labels) for up to one year after going on sale. PCGS has set the postmark date at November 27, by which time most if not all sets should have shipped. Depending on how NGC handles the upcoming holiday, the coins may have to reach them no later than two weeks from today to qualify for ER labels.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2011 25th Anniversary Silver Eagle Set
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...