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First Strike Designation - I'm not letting go...
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<p>[QUOTE="tanner520, post: 104049, member: 1613"]Exactly right...first strikes are the primary amount (whatever the value of that variable is determined to be) of coins struck with a pair of dies. That is also the Mint's definition. There is even an article in the latest issue of Coin World on page 32 explaining this definition and what the Mint defines it to be. However, the TPG's created their own definition for their own convenience to try to somehow justify what they're calling these coins. Since they can't really verify whether a certain set of coins were struck first or last, they just use the date stamp on a check-tab. Ridiculous. They knew they couldn't really validate whether the coin was a "First Strike" so they decided to "redefine" this title.</p><p><br /></p><p>So, my issue is really two-fold:</p><p>1. I'd like an explanation from the TPG's as to why they decided to use a completely different definition for this infamous two-word phrase and what basis they feel justifies designating a coin "First Strike" using the REAL definition, not their own.</p><p>2. My more pressing concern is the fact that they put this title on the label of their holder with no real way to substantiate the designation. So, this brings in integrity issues. If some parts of the label have unverifiable/uncertifiable designation, then what on that label is valid. Either all data is valid and authentic or none of it is. There's no "trust this part but not this part." I refuse to overlook the "First Strike" designation as just marketing and still hold the other designations on that label as authentic. There better be valid justification for all of it.[/QUOTE]</p><p><br /></p>
[QUOTE="tanner520, post: 104049, member: 1613"]Exactly right...first strikes are the primary amount (whatever the value of that variable is determined to be) of coins struck with a pair of dies. That is also the Mint's definition. There is even an article in the latest issue of Coin World on page 32 explaining this definition and what the Mint defines it to be. However, the TPG's created their own definition for their own convenience to try to somehow justify what they're calling these coins. Since they can't really verify whether a certain set of coins were struck first or last, they just use the date stamp on a check-tab. Ridiculous. They knew they couldn't really validate whether the coin was a "First Strike" so they decided to "redefine" this title. So, my issue is really two-fold: 1. I'd like an explanation from the TPG's as to why they decided to use a completely different definition for this infamous two-word phrase and what basis they feel justifies designating a coin "First Strike" using the REAL definition, not their own. 2. My more pressing concern is the fact that they put this title on the label of their holder with no real way to substantiate the designation. So, this brings in integrity issues. If some parts of the label have unverifiable/uncertifiable designation, then what on that label is valid. Either all data is valid and authentic or none of it is. There's no "trust this part but not this part." I refuse to overlook the "First Strike" designation as just marketing and still hold the other designations on that label as authentic. There better be valid justification for all of it.[/QUOTE]
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First Strike Designation - I'm not letting go...
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