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Message:: [QUOTE="19Lyds, post: 1130002, member: 15929"]Yes you are wrong with reference to First Day of Issue but correct if you are referring to First Strike™ as the two are completely different. First Strike™ used to ONLY be offered for "bullion" products and the criteria was that the piece had to have been submitted "within" 30 days from it official release date along with an additional "First Strike™" fee. That fee used to be $10 per coin but now its $14 per coin. (Bullion) When the 4 coin Presidential Proof Sets were released, PCGS, in an attempt to generate interest in the coins, included these in the First Strike™ program. For First Day of Issue, the coins had to have been submitted on (or before) the date they were officially released by the US Mint. They had to be submitted through the Bulk Submission Program (100 or more coins), they had to be in rolls (either bank rolls or coin tubes), you had to specify First Day of Issue on the Submission form AND you were required to specify a minimum acceptable grade. The minimum "acceptable" minimum grade was MS66. (In other words, you couldn't specify MS67 or MS68 as a "minimum acceptable grade") Typical submission cost (from my experience) ranged from $327.20 to $1607.35 as PCGS charged the submitter according to the following scale: Coins not meeting minimum grade = $2.00 (Later Raised to $3.00)Coins grading MS66 = $10.00 (Later Raised to $12.00 then lowered to $10.00)Coins Grading MS67 = $20.00 (Later Raised to $30.00 then lowered to $20.00)Coins grading MS68 = $40.00 First Strike™ did not REUIRE Bulk Submissions. As a side note, PCGS has extended the First Strike™ program to include ALL proof coins which IMO, totally weakens the label. [ATTACH]114800.vB[/ATTACH] [ATTACH]114801.vB[/ATTACH] As a First Strike™ collector myself, these just don't seem right. (Photos above were sent to me in an email by Elite Numismatics)[/QUOTE]

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