Reply to Thread

Message:: [QUOTE="19Lyds, post: 1774887, member: 15929"]It seems, to me at least, that the term of "bulk grading" gets bandied about a lot. Especially for "First Strike". PCGS does not require 100 coin orders for the First Strike designation but that does not mean that some folks don't take advantage of the bulk program with regard to these modern bullion coins. PCGS First Strike link:  <a href="http://www.pcgs.com/services/firststrike.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/services/firststrike.html" rel="nofollow">http://www.pcgs.com/services/firststrike.html</a> As for the MS/PR70 grades? I firmly believe that coins are not graded as MS/PR70 but those grades are "awarded" to most of the large submitters on a "percentage" basis.Yes, PCGS created the First Strike program as a method of generating revenue for both submitters and for dealers. It seems that, with few exceptions, the buyers are the one's getting stuck holding the bag. For this reason, I stopped seeking MS/PR70 Modern Bullion coins as they are, for the most part, money losing purchases. As for the OP, if you don't agree with the grade, send them back for replacements. And why ever did you purchase 14 of them? Don't you realize that your return on investment is almost non-existent for these coins? The ONLY folks that actually make money on these are the original submitters who then turn around and flip the coins.That's the way that this particular game is played. I have many PR70 coins which simply will NOT sell for the money I originally paid for them. Those coins are my reminder to NOT play the MS/PR70 game as I just cannot afford to do so.[/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches