I have a couple of stupid questions. Since all the major distributors received their monster boxes of ASEs; do you think that the TPGs are going to be inundated for the next few weeks trying to fill the grading orders for all of the “Early Release” coins that were submitted? Also, what is the attraction to having an ASE with “Early Release” on the label? I understand that people purchased the non “S” mint marked ASEs graded as there is no easy way to discern a San Francisco from a West Point coin.
I have another question. What is the attraction of having a 2012 ASE graded at all? They are going to mint 40 million of these things. It is just silly to have them graded. Even if it grades a 70, it is not like you will have something special. Grading modern bullion not only makes little sense, but basically just adds to the revenue of the TPGs
Agreed, this is pretty much the direction I was headed... I have like 500 of these things from all years, I couldn't imaging sending them all in for grading.
Early Release, and First Strike are nothing more than marketing for a quick profitable flip. You should also know, the only way one gets those marketing terms on the label from either TPG, is when you receive them from the Mint, you send them off, unopened, in the original shipping box the Mint sent them to you in. If you open the box to view your coins, you can forget about getting the Early Release/First Strike on the label of the slab.
Its' the the age old conflict of investers verses the collectors. Investors buy the new collector series of coins in the market and flip them for a profit. Collectors buy the investors' silver bullion and grade them to save in their collection. Neither side can understand why the other does what it does. Nor will either side let go of their argument against the other. So I just get used to it and accept it as part of the hobby. What choice do you have? It won't change a thing.
I'm more of a hoarder/collector when it comes to coins and bullion. I don't collect coins for investment purposes as I’m not looking to flip anything anytime soon. For me, my investments are in the stock market and my coins are… well, how do I put this… my obsession… LOL…
If you get them to the TPG within the first thirty days after they are released you can still get the labels. In this case by Feb 4th or 5th. You do have to request the special labels.
Thats three strikes and yer out! 1. It may be a marketing gimick dreamed up by the TPG's but there are many folks that collect these and only these since they represent a slightly different take on an otherwise common and mundane set of bullion coins. 2. First Strike and Early Release for bullion coins can be submitted at anytime prior to the cutoff dates. This date is a 30 day window. If you do not submit them "within" that 30 day window, then the original shipping container must be sealed. This includes ANY offering from the US Mint and is not solely intended for coin dealers or flippers. Anybody that is a member of the PCGS or NGC grading service clubs can submit coins for First Strike/Early release. As such, those that do not submit them are at the mercy of "those that have them" vs "those that want them". The exceptions are Coin Sets which contain coins that had a release date prior to the release date of the set. These must be submitted in the original US Mint Shipping boxes regardless of when they are submitted.
