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<p>[QUOTE=&quot;Michael Townshend, post: 3169319, member: 97630&quot;]Hello everyone, first post here.&nbsp; I wanted to chime in on this thread as I feel that the logic used to evaluate this kind of PMD can bleed into your entire collection and cause mass confusion, IMO.&nbsp; Wanted to try to use this example to help others in the same situation.</p><p><br /></p><p>The coin pictured has what appears to be skuffs of some sort (metal to metal damage).&nbsp; If I was looking to buy this set and the seller pointed out these marks and posted the pics above, I would think that the set would fetch a much lower price than sets with none of this PMD.</p><p><br /></p><p>I would not purchase this set with PMD for my personal collection or to resell. As mentioned above, these sets can, apparently, be opened, coins swapped often with no obvious indications. My biggest concern when purchasing proof sets is this happening.&nbsp; Dealers can purchase 10 sets from the mint and find the best specimens, placing them into one or more lens&#039;, sell the sub par coins in what appears to be an unopened set and either sending off the best specimens for grading or other means of fetching a higher price for the set (the prices of these coins in the PF70DCAM holder are really high currently, surely as more sets are graded, the price will go down). I am sure that this is a widespread activity judging by all the partial sets being sold. This release in particular as I believe it may end up being the best silver investment at the mint for 2018.&nbsp; You can buy this set on Ebay right now for $10+ more than the mint, guess the assumption is that maybe a buyer will think it&#039;s sold out at the mint.&nbsp; </p><p><br /></p><p>Whether these marks make the coin more or less valuable is 100% subjective.&nbsp; You will need to find a buyer that believes this and is willing to pay a premium.&nbsp; Collectors like myself are always on the lookout of any sign that sets were picked through and/or altered after purchase (coin orientation, tightness of the fit, lens damage, etc...), seeing this for sale I would not pay as much for this set just for this reason and I suspect it will be hard to find anyone who would.&nbsp; If a lot of these sets are coming out with this type of mark, then that makes the gem proof sets more valuable as it makes perfect sets more rare.&nbsp; This is not a mint error, its PMD, 2 different things.</p><p><br /></p><p>I think that there should be a distinction made in general here between error coins and PMD because here, the PMD definitely will affect the price, Error coins are mechanical flaws and there is an attempt made to find and pull error coins off the line and dispose of prior to packaging (Thus making error coins rare, not flawed).&nbsp; Error coins are rather rare and we seem to have anecdotal evidence that this kind of PMD is more common than usual, at least in this case. This PMD is clearly not from the dye, its from mishandling in the mint (looks like they produced too many too fast and they got backed up on the line during packaging, similar to bag marks, but potentially worse due to the force in the line as opposed to that in a bag and if there are enough, will only make the gem sets worth more. IMO of course, totally.</p><p><br /></p><p>You would think that with the time it takes to polish the dyes and material used (silver), these coins would be handled better. These sets are an extra $5, meaning there is more work required to produce this set.&nbsp;&nbsp; This thread made me pull out the 2 sets I have and check, thankfully no PMD.</p><p><br /></p><p>Also, it was mentioned that there is no limit to the number of 2018 RP sets produced.&nbsp; The Mint&#039;s site says there is a limit of 200,000... To think that they are still available to date says a lot about the number of active collectors out there for sure... Seems that the entire market for collectibles of any kind have been depressed for the past 10+ years, antiques as well, however, I am getting hints of vintage items making a comeback.&nbsp; There is definitely a cyclical nature to collecting anything.</p><p><br /></p><p>Finally, I get the impression here of a general consensus that the modern minting process has a lot to be desired, but IMO, I feel as though they are producing some of the best specimens of any other time period across all coins and mints.&nbsp; I have not seen many modern coins available below PF69 or MS69, it&#039;s just not worth having them slabbed.&nbsp; Is there a year or period where the mint was producing the same or better specimens consistently that compares to modern minting?</p><p><br /></p><p>While I don&#039;t have proof, it seems that when the mint started the 50 state quarters program, they were using new equipment that is still in use today that enabled them to produce so many types of quarters at the same time as the presidential series. I don&#039;t know of any other proof sets prior to 1999 where there were more than 5-6 coins circulating per year with few exceptions</p><p><br /></p><p>Sorry to post such a long reply, I just wanted to articulate this notion as it could be a real head scratcher should this type of PMD be considered MORE collectible than the perfect sets.&nbsp; Try to put yourself in the shoes of a coin grader at PCGS when faced with dilemma&#039;s such as this; what grade would this coin get? (the scratches will put the grade lower as compared to the average coin/set) and would the label get any special notes?, in this case, no, it&#039;s not an error. </p><p><br /></p><p>Imagine if the worker on the line was expected to catch these coins, lol.&nbsp; QC would double to price of the set, surely.&nbsp; That&#039;s another way to evaluate if a mark such as this would make the coin more or less desirable.</p><p><br /></p><p>Be interesting to hear if this argument stands on it&#039;s own or if there is some flaw in my logic that I am missing / uneducated in.[/QUOTE]</p><p><br /></p>

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