First Strike vs. Proof

Discussion in 'Bullion Investing' started by JBGood, Jul 13, 2012.

  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

    1st Strike and Proof are two totally separate things, BTW, as explained above.
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    First strike coins have the distinction
    of being the first in line to be struck
    therefore you get the best possible
    strike on the coin, as the run goes on
    the die degrades, so there is a method
    To the madness..LOL
     
  4. GoldFinger1969

    GoldFinger1969 Well-Known Member

    In theory...maybe.

    But the strikes might improve with wear....they might be replaced within the first 30 days....etc.
     
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That’s an interesting theory, I am not sure how often the dies are replaced
    if you did several changes on a particular run, probably wouldn’t be a problem
    but it does degrade that’s why they change them in the first place.
     
  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The "First Strike" designation drove up a few perfect modern coin prices -- the 1995-W ASE and select 2009 UHRs come to mind -- in a bubble price spike. Prices have never reached those levels from a decade or so ago.
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    just think it’s a higher quality strike
    even if it’s just a slight difference, or
    something you can only spot with a loop :)

    I have a first strike palladium eagle in
    MS70 and yes you will pay a nice premium over a raw example.
     
  8. rte

    rte Well-Known Member

    The first strike designation is good I guess.
    One would have to ask first strike (on which set of dies) ?:D
    Guess that's sorta the Gray area that is unspoken.

    NOW (first Day of Issue) pretty much says what it says.
     
  9. Clawcoins

    Clawcoins Damaging Coins Daily

    remember the "First Strike" is the First Month SOLD, not minted.
    Think of all the releases that have sold out in minutes or hours. They're all "First Strike" by definition. BUT don't you have to send the Unopened USPS Box to the TPG to get the "First Strike" designation irregardless if the product sold out in the first 30 minutes ?

    If you happen to open the box (to get other stuff out) it's no longer "First Strike."
     
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  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    They could for sure be a little more clear, but its my impression that these
    coins are sent directly from the mint so assuming this is true they would be
    the first coins struck, per the label so trying to compare apples to oranges what
    came first the chicken or the egg...LOL
    I have several MS70 first strikes heres
    a few :)
     
    Last edited: Nov 21, 2022
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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    mpcusa "Official C.T. TROLL SWEEPER"

  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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