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What is a first strike coin ?
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<p>[QUOTE="GoldFinger1969, post: 2072059, member: 73489"]<b><span style="color: #0000ff">It's only a marketing ploy. It means absolutely nothing except to those who want to pay an additional premium.</span></b></p><p><br /></p><p>"First Strike" and "Early Release" imply that it was one of the first or earliest pieces struck at the mint. In fact, all it means is that it was one of the first or earliest to be submitted to PCGS or NGC. </p><p>The first 100 or 1,000 or 10,000 coins could have gone straight to people who hoarded them and never submitted them to a TPG...meanwhile coins above 101 or 1,001 or 10,001 reached a TPG.</p><p><br /></p><p>All the coins are sent out at the same time so there's no way to know which was struck first or earliest unless the Mint or Mint Director certifies it as such (which they don't do).</p><p><br /></p><p><b>Here's a great article on the practice:</b></p><p><br /></p><p><a href="http://www.coinweek.com/featured-news/are-ms-70-coins-value-traps/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinweek.com/featured-news/are-ms-70-coins-value-traps/" rel="nofollow">http://www.coinweek.com/featured-news/are-ms-70-coins-value-traps/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2072059, member: 73489"][B][COLOR=#0000ff]It's only a marketing ploy. It means absolutely nothing except to those who want to pay an additional premium.[/COLOR][/B] "First Strike" and "Early Release" imply that it was one of the first or earliest pieces struck at the mint. In fact, all it means is that it was one of the first or earliest to be submitted to PCGS or NGC. The first 100 or 1,000 or 10,000 coins could have gone straight to people who hoarded them and never submitted them to a TPG...meanwhile coins above 101 or 1,001 or 10,001 reached a TPG. All the coins are sent out at the same time so there's no way to know which was struck first or earliest unless the Mint or Mint Director certifies it as such (which they don't do). [B]Here's a great article on the practice:[/B] [url]http://www.coinweek.com/featured-news/are-ms-70-coins-value-traps/[/url][/QUOTE]
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What is a first strike coin ?
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