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Presidential dollar Pos A/B designations worth it?
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<p>[QUOTE="19Lyds, post: 1261504, member: 15929"]Absolutely NO "illusions" have been built as much as "problems in the market place" have been addressed!</p><p><br /></p><p>Shortly after these were relased on Feb 12th, 2007, a few started showing up without the edge lettering and the market went crazy on them! Absolutely cray!</p><p><br /></p><p>This got folks to actually look at the edge lettering. Remember, its been better than 100 years since edge lettering has been used on US Coins and unless you were involved with this "third side" it would never dawn on you where the Motto, Date, and E Pluribus Unum were located-Think Goldless Dollars!</p><p><br /></p><p>At any rate, folks began to notice that the lettering faced one way on some and the other way on others. Without batting an eye, unscrupulous eBay sellers began selling these as "errors with upside down lettering" and without batting an eye, lots of less educated folks wasted a lot of money.</p><p><br /></p><p>PCGS took the forefront in identifying the fact that it doesn't matter what direction the lettering faces, it's a normal occurance just like it was 100 years ago. Missing edge lettering, weak edge lettering and partial edge lettering were all possibilities back then as well.</p><p><br /></p><p>Variety. A variety is a coin that is different than what it should be and since the edge lettering "can" occur in either direction, there's nothing wrong woith designating "which" direction that lettering goes.</p><p><br /></p><p>It's my observation that whatever side ois facing up when the coin enters the edge lettering phase of minting has a definite impact on the quality of that lettering. Some coins in a position A have lots of partial or weak edge lettering while the same coin in a Position B, might not.</p><p><br /></p><p>As for the OP, I would not pay too much attention to the different letter orientations unless of course you are looking for a complete variety set. Some folks DO asppreciate the difference and PCGS simply addresses it.</p><p><br /></p><p>I know one fellow that wants a COMPLETE Kennedy Variety Set but not according to PCGS's or the CPG's opinions. His set will be of CONECA defined Varieties. Now, if folks want to diss his set then they are certainly welcome but it does not dimish the importance of what HE is collecting. The same should be true of the different Presidential/Sac Edge Lettering orientations.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1261504, member: 15929"]Absolutely NO "illusions" have been built as much as "problems in the market place" have been addressed! Shortly after these were relased on Feb 12th, 2007, a few started showing up without the edge lettering and the market went crazy on them! Absolutely cray! This got folks to actually look at the edge lettering. Remember, its been better than 100 years since edge lettering has been used on US Coins and unless you were involved with this "third side" it would never dawn on you where the Motto, Date, and E Pluribus Unum were located-Think Goldless Dollars! At any rate, folks began to notice that the lettering faced one way on some and the other way on others. Without batting an eye, unscrupulous eBay sellers began selling these as "errors with upside down lettering" and without batting an eye, lots of less educated folks wasted a lot of money. PCGS took the forefront in identifying the fact that it doesn't matter what direction the lettering faces, it's a normal occurance just like it was 100 years ago. Missing edge lettering, weak edge lettering and partial edge lettering were all possibilities back then as well. Variety. A variety is a coin that is different than what it should be and since the edge lettering "can" occur in either direction, there's nothing wrong woith designating "which" direction that lettering goes. It's my observation that whatever side ois facing up when the coin enters the edge lettering phase of minting has a definite impact on the quality of that lettering. Some coins in a position A have lots of partial or weak edge lettering while the same coin in a Position B, might not. As for the OP, I would not pay too much attention to the different letter orientations unless of course you are looking for a complete variety set. Some folks DO asppreciate the difference and PCGS simply addresses it. I know one fellow that wants a COMPLETE Kennedy Variety Set but not according to PCGS's or the CPG's opinions. His set will be of CONECA defined Varieties. Now, if folks want to diss his set then they are certainly welcome but it does not dimish the importance of what HE is collecting. The same should be true of the different Presidential/Sac Edge Lettering orientations.[/QUOTE]
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Presidential dollar Pos A/B designations worth it?
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