Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Grading early release coins
>
Reply to Thread
Message:
<p>[QUOTE="NotSure, post: 781959, member: 20034"]statequarterguy...from each graders respective website on Early Release/First Strike, and First Day Issue:</p><p> </p><p>For PCGS First Strike.....</p><p><i>There are two ways PCGS can verify if a coin was shipped out from the mint within the first 30 days. The first is when a coin is shipped to PCGS from the customer with a postmarked date before the cutoff date for that particular coin. In this example, PCGS only needs the coin to be mailed in. No extra mint packaging is needed (i.e. boxes, certificates, etc.).</i></p><p><i>The second way PCGS can verify that a coin qualifies for First Strike designation is when a customer does not open the sealed package that came from the mint. In this instance, the package must remain completely sealed and unopened. The customer then can send that whole package in to PCGS and the receiving department will go by the postmarked date from the mint. As long as this date is prior to the cutoff date for that particular coin, it qualifies for first strike.</i></p><p> </p><p>PCGS First Day Issue:</p><p><i>Special First Day of Issue inserts are available through the PCGS Bulk Submissions program for Presidential Dollar coins postmarked on their release date. Coins will also qualify after the release date if they are housed in original, mint-sealed boxes with a white seal bearing the name of the President and the official release date. Such boxes must also contain the date stamp of the Mint inspector. The same rules will apply to future Presidential Dollars unless the Mint makes changes in their packaging and sealing. Each order must contain a minimum of 100 coins (unless otherwise specified).</i></p><p> </p><p> </p><p>For NGC, here's their rule on Early Release:</p><p><i>To qualify for Early Releases designation all coins must be received by NGC within 30 days of their release by the US Mint, or documented as being received by an NGC approved depository within this same 30-day period. Coins being sent directly to NGC do not need to be accompanied by original packaging or shipped in sealed mint boxes, but must arrive within the time period described above. The Early Releases request must be noted on the submission invoice, and additional service fees apply for the special label and designation verification.</i></p><p> </p><p>For NGC First Day Issue....</p><p><i>NGC will designate FIRST DAY OF ISSUE on circulating US Coins that have an official release date. To qualify, coins must be received by NGC on the official release date or by overnight mail or air carrier on the day immediately following the official release date. Alternatively, coins still packed in sealed US Mint issue First Day Covers are eligible for this designation. Private issue covers are not accepted.</i></p><p><i>Coins designated FIRST DAY OF ISSUE are encapsulated with regular format NGC labels.</i>[/QUOTE]</p><p><br /></p>
[QUOTE="NotSure, post: 781959, member: 20034"]statequarterguy...from each graders respective website on Early Release/First Strike, and First Day Issue: For PCGS First Strike..... [I]There are two ways PCGS can verify if a coin was shipped out from the mint within the first 30 days. The first is when a coin is shipped to PCGS from the customer with a postmarked date before the cutoff date for that particular coin. In this example, PCGS only needs the coin to be mailed in. No extra mint packaging is needed (i.e. boxes, certificates, etc.).[/I] [I]The second way PCGS can verify that a coin qualifies for First Strike designation is when a customer does not open the sealed package that came from the mint. In this instance, the package must remain completely sealed and unopened. The customer then can send that whole package in to PCGS and the receiving department will go by the postmarked date from the mint. As long as this date is prior to the cutoff date for that particular coin, it qualifies for first strike.[/I] PCGS First Day Issue: [I]Special First Day of Issue inserts are available through the PCGS Bulk Submissions program for Presidential Dollar coins postmarked on their release date. Coins will also qualify after the release date if they are housed in original, mint-sealed boxes with a white seal bearing the name of the President and the official release date. Such boxes must also contain the date stamp of the Mint inspector. The same rules will apply to future Presidential Dollars unless the Mint makes changes in their packaging and sealing. Each order must contain a minimum of 100 coins (unless otherwise specified).[/I] For NGC, here's their rule on Early Release: [I]To qualify for Early Releases designation all coins must be received by NGC within 30 days of their release by the US Mint, or documented as being received by an NGC approved depository within this same 30-day period. Coins being sent directly to NGC do not need to be accompanied by original packaging or shipped in sealed mint boxes, but must arrive within the time period described above. The Early Releases request must be noted on the submission invoice, and additional service fees apply for the special label and designation verification.[/I] For NGC First Day Issue.... [I]NGC will designate FIRST DAY OF ISSUE on circulating US Coins that have an official release date. To qualify, coins must be received by NGC on the official release date or by overnight mail or air carrier on the day immediately following the official release date. Alternatively, coins still packed in sealed US Mint issue First Day Covers are eligible for this designation. Private issue covers are not accepted.[/I] [I]Coins designated FIRST DAY OF ISSUE are encapsulated with regular format NGC labels.[/I][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Grading early release coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...