First Strike vs. Proof

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

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The bottom line if it’s a 70, it really doesn’t matter when it was struck
    does it ?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Jim Dale

    Jim Dale Well-Known Member

    A while back, maybe 3-4 years ago, I bought some Canadian "Fine Silver" dollars. They were both numbered: one 2,459/6,500, another was 0479/6000. I also have a couple of Netherland Lion Dollars the 2017 had "First Strike" and the 2018 was "First Day of Issue". They may be able to number theirs, but with the volume produced by our mints, it probably wouldn't be feasible. The only time I consider a "First Strike" or "First Day of Issue", would be if I could buy them cheap.
     
  4. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I think the designation is absolutely ridiculous, the point I was trying to make is that I would guess that a bullion dies life is probably about an hour or maybe two. Before they are replaced.
    @Conder101
     
    slackaction1 and GoldFinger1969 like this.
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I personally like the designation, but as
    I said previously it really doesn’t matter
    the coin is going to grade what it grades
    regardless of being the first coin or last !
     
  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Were clear on your opinion, however that is not what is implied on the label. What most sellers of these know is the spin of the truth,
    It attracts a willing buyer.
    It is far from the truth. Apples to apple and Oran.. well you get the picture.
     
    slackaction1 likes this.
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Looks pretty cut and dry to me, the reason I bought this particular coin,
    is it’s a PR70, ( FS ) or ( FDI ) doesnt
    really matter to me.
     
  9. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    That took 6 minutes to load.
    This winter weather blew over us and is hammering the plains right now. My internet is slow.

    Says right there, "Initial Release" and, that in no way means "First Strike.
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Two different things entirely, and sorry
    about the slow internet…LOL
     
  11. slackaction1

    slackaction1 Supporter! Supporter

    You both know buy the coin unless you're a holder buyer.
     
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I buy both, moderns 70 or better…LOL
    and only PCGS holders, to maximize
    resale :)
     
  13. slackaction1

    slackaction1 Supporter! Supporter

    PCGS sells higher than Ngc holder ones on resale... why?
     
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am not sure of the science behind it,
    as I think NGC is just as competent
    maybe it’s there bulky holders, I
    personally don’t care for them, but
    you can actually ask just about anybody
    on the forum and they will tell you the
    same thing, better yet you can go to
    APMEX and look at there pre 1933 gold
    they have PCGS holders next to NGC
    ones, in most cases the PCGS offering
    will be more expensive for same coin
    and grade.
     
  15. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Tons of threads and posts here discuss it...Trophy Collectors buying expen$$$ive coins prefer PCGS holders even though savvy collectors are supposed to buy the coin, not the holder. :D

    Could have been perception or reality that NGC was looser in grading in late-1990's/early-2000's.

    Personally, I think it's reversing but the gap persists.
     
    Joel Turner and mpcusa like this.
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Its like buying a name brand, would you ever consider buying a ANACS or IGC
    graded coin ? just look at the differences on cost and resale, PCGS and NGC
    are like Coke and Pepsi, Coke being PCGS and Pepsi being NGC, and the other
    two listed are Diet 7-up...LOL, have always been a coke man :)
     
    slackaction1 and GoldFinger1969 like this.
  17. slackaction1

    slackaction1 Supporter! Supporter

    I just can't wrap my noggin around it.. You have PF 70 Ngc and 70 PCGS the PCGS will bring more because of packaging... No way, no, You better throw that College knowledge away with the book. Doesn't make any sense or cents both the same grade. Are we talking small amount like a dollar or two difference or allot more I guess a buck or two is no big deal but 10.00 to 20.00 or higher I just don't know. Personal preference
     
    Last edited: Dec 15, 2022
  18. slackaction1

    slackaction1 Supporter! Supporter

  19. rte

    rte Well-Known Member

    After bidding on 50+ like bay auctios and getting outbid in my price range. ($220/$240)
    I finally got this one for the coin club Christmas raffle...$5 cheaper than a ngc/pcgs.
    Screenshot_20221120-171610.png
     
    slackaction1 likes this.
  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I don’t make the rules, it is what it is
    but as they say size matters..LOL

    I am not sure there is really that much
    of a difference but have always been a
    PCGS guy even in currency plus I like
    the packaging way better :)
     
  21. slackaction1

    slackaction1 Supporter! Supporter

    Okay I am coming around just had to do my own comparison. Two women standing side by side both number tens, but their packaging is different I get it now..
     
    fretboard likes this.
Draft saved Draft deleted

Share This Page