to grade or not to grade...

Discussion in 'US Coins Forum' started by Rob T, Dec 3, 2019 at 7:47 AM.

  1. Rob T

    Rob T New Member

    I just purchased 2011 ASE 25th Anniversary set, unopened and in its original shipping package. It was shipped on 11/12/2011 and apparently qualifies as a First Strike, should I choose to get it graded. My collection is of raw ASE coins, but I would consider grading this set if it made a significant difference to the value of the coins. I am new to collecting and have no experience with this. What should I be considering in making this decision?
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    First, welcome to the neighborhood, Rob!

    I could be wrong, but I think there was a deadline for these submissions....30 days? I don't know.

    Anyway, it has been more than 8 years since those sets were released and I'm certain that the "feeding frenzy" ended a long time ago and prices have settled. Maybe you should contact the grading service (PCGS?) to determine if the First Strike attribution still applies.

    Personally, I think the First Strike is just a bunch of BS to get more money from the customer.

  4. Rob T

    Rob T New Member

    Chris, thank you for the feedback. I did check with PCGS And they apparently still allow for the first strike designation, as long as the postmark qualifies, which this apparently does.It costs an extra $18 per coin. I think you’re right, it’s a marketing tool, and frankly I’m more concerned with whether to grade the coins in general.
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If it were me, I'd open it to see if any would grade 70. If they would only grade 69, save your money! Who knows! Maybe there is a doubled die in the bunch.:rolleyes:

  6. Rob T

    Rob T New Member

    that sounds like the best plan. Thanks. (And I like your optimism!)
  7. ldhair

    ldhair Clean Supporter

    Looking at ebay. The graded sets are selling for about the same price as the set in the box. Some of them would have to grade 70 for it to pay off.
    buckeye73 and Two Dogs like this.
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Wexler lists just one doubled die for all years, and it just happens to be 2011.

    capthank likes this.
  9. UncleScroge

    UncleScroge Active Member

    If he opens it, doesn't that nullify the possibility of the first strike designation? Because, now he can't prove that the coins came in that package.
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'd leave as is but that's me.
  11. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Of course, it does! But, who cares! The First Strike designation is just a marketing ploy.

  12. UncleScroge

    UncleScroge Active Member

    I agree 100%. I was just questioning the legitimacy of getting the designation once it's opened.
  13. Rob T

    Rob T New Member

    Thanks for all the input. I'm going to open up the box (once it arrives) and enjoy these brand new 8 year old coins!
  14. charlietig

    charlietig Well-Known Member

    I say leave it as is.
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