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First Relase is a rip-off
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<p>[QUOTE="CoinSaver, post: 290405, member: 9979"]:desk:I guess everyone missed my point. Everyone gets involved in the discussion what is or isn't a first strike or early realease coin. The reasoning of course is that a coin "Struck Early" or one of the first struck on a new die will be a nicer or better struck coin. That would mean that the early ones would be the proof 70 ultra cameo's and the quality would go down from there. However if NGC grades the coin without the "early release" they are saying they don't know when it was minted (could have been the 100,000 coin) and they still grade it the same proof 70 ultra cameo so they have shot themselves in the foot. They imply the 100,000 coin is as perfect as the first coin per their own admission. Therefore the reasoning of the first strikes being better is null & void. So where's the extra value?</p><p> </p><p>Besides the mint says they don't use just one die they have several and they are replaced at different times during the year. Thus this proof 70 ultra cameo could have been from the first batch of the 22nd die months after the original release date.</p><p> </p><p>Anyone paying an additional $236.00 is getting ripped-off and I don't know why the dealers keep promoting this stuff.</p><p> </p><p>On second thought , yes I can, like they say there is one born every minute.[/QUOTE]</p><p><br /></p>
[QUOTE="CoinSaver, post: 290405, member: 9979"]:desk:I guess everyone missed my point. Everyone gets involved in the discussion what is or isn't a first strike or early realease coin. The reasoning of course is that a coin "Struck Early" or one of the first struck on a new die will be a nicer or better struck coin. That would mean that the early ones would be the proof 70 ultra cameo's and the quality would go down from there. However if NGC grades the coin without the "early release" they are saying they don't know when it was minted (could have been the 100,000 coin) and they still grade it the same proof 70 ultra cameo so they have shot themselves in the foot. They imply the 100,000 coin is as perfect as the first coin per their own admission. Therefore the reasoning of the first strikes being better is null & void. So where's the extra value? Besides the mint says they don't use just one die they have several and they are replaced at different times during the year. Thus this proof 70 ultra cameo could have been from the first batch of the 22nd die months after the original release date. Anyone paying an additional $236.00 is getting ripped-off and I don't know why the dealers keep promoting this stuff. On second thought , yes I can, like they say there is one born every minute.[/QUOTE]
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