2013 America the Beautiful Quarters Uncirculated Coin Set

Today April 25, 2013 at 12:00 Noon ET, the United States Mint will begin accepting orders for the 2013 America the Beautiful Quarters Uncirculated Coin Set.

2013-atb

The set includes uncirculated versions of the five 2013 America the Beautiful Quarters from both the Philadelphia and Denver Mints. The sites depicted on this year’s quarters are White Mountain National Forest in New Hampshire, Perry’s Victory and International Peace Memorial in Ohio, Great Basin National Park in Nevada, Fort McHenry National Monument and Historic Shrine in Maryland, and Mount Rushmore National Memorial in South Dakota.

packThe ten coins come within a display folder which includes images from each of the sites on the front, with brief information about the sites and coin specification information inside.

Each set is priced at $12.95 each. There are no household ordering limits or product limits indicated.

The coins included in this set are described as featuring “sharp, intricately detailed images”. From past experience, the coins included in the US Mint’s Uncirculated Coin Sets are superior to the circulating quality coins included in bags and rolls. The US Mint previously indicated that the uncirculated coins are struck on special presses using greater force than circulating coins.

Later in the year, the US Mint will release the 28-coin 2013 Uncirculated Coin Set, which will include the coins released in the present set. The full 28-coin set is priced at $27.95 and scheduled for release on June 4, 2013.

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Comments

  1. Hidalgo says

    Thanks for posting this article Michael. I have been waiting to order this set. I have purchased these annual sets every year since the ATB series began. Looking forward to adding the 2013 version to my collection!

  2. CaptainOverkill says

    As with the other products of a similar nature, I’ve been impressed with the Mint’s packaging improvements. Overall I think the packaging makes the overall product look attractive. I hope we continue to see more of.

    To go somewhat OT, does anyone know where I can find information about the times and dates of the Mint’s planned AtB quarter launch ceremonies this year? I have been searching constantly for information on the launch of the Fort McHenry quarter, but have had no luck ascertaining what day it will take place on. Is the mint even still doing the launch ceremonies?

    I assume it will take place sometime in late July, as the Mint’s schedule shows the quarter’s planned release is August, but beyond that I really have no idea.

  3. Don says

    I like these sets. Alright, I know that the uncirculated quarters are also available in the annual Mint Uncirculated Sets. But, with these sets, the ATB quarters are featured by themselves and are not crammed in with the other uncirculated coins in the regular Unc. sets. And the packaging is nice.

  4. SmallPotatos says

    In the last week i have received about 6 AtB quarters in change, all Denali’s except one which was a White Mountain, the first 2013 quarter i have seen in pocket change. Even the finish on these is somewhat different; i will have to compare them with others this weekend.

  5. hi ho silver says

    CO: There isn’t a lot of press on the ceremonys, I called Gettysburg National Park about a month before launch date if that helps.I also saw a story in a VERY local newspaper.

  6. Dustyroads says

    OT….again, but I decided to begin looking through change for the atb’s. They’re around, this morning in a hardware store the cashier had maybe $40. in change up on the counter where she was counting it, and was nice enough to let me take a quick look through it. Denali quarters quickly popped up.
    I have also been asking cashiers about how people are paying for goods, and it looks like around 60%+ are non-currency transactions.

  7. gatortreke says

    I just rolled about $50 worth of quarters for an old lady friend of mine who can’t do it for herself anymore and I only found 1 AtB quarter in the lot, a Mt. Hood-D. That compares to 28 Bicentennial quarters. The rest were mostly State quarters, some of which have aged very poorly.

  8. CaptainOverkill says

    Hi-ho,

    Thanks a lot for the information. I’ll have to keep my eye open, then. Maybe I could try just contacting the Mint myself as well. I was hoping to be able to make plans further in advance since I’m trying to coordinate the trip with a group of people who are all interested in going.

    George,

    A couple of things could be going on. The most obvious explanation is that selloff last week was way too extreme given the demand for physical silver and gold which Michael, Louis, and others have been reporting on, and the prices are starting to come back into line with reality. Another possibility is that this is a bull trap and we may get a big smashdown soon. Given the volatility of the market it’s hard to tell.

    Another thing to note is today is options expiration day on the COMEX which often leads to unusual activity both up and down. We’ll have a better feel for how strong this rally is with tomorrow’s price action. ZeroHedge has noted that gold’s retraced about half of what was lost in the epic smackdown from Monday.

    One thing I am watching is how the mint will react to these surges if they continue. I am concerned that if silver keeps charging up, we may lose our price cut on the West Point set.

  9. CaptainOverkill says

    Jon, thanks for the heads-up. It’ll be a lot harder for them to reprice now.

  10. Fosnock says

    George,

    The shorts maybe covering because of all the physical disappearing, but as CO already said its options expiration so big movements are normal. If you can figure out what is going on let me know.

  11. george glazener says

    LOL,I can barely balance my checkbook..!!

    I just bought a bunch (well, 4 ounces) of bullion ASE at just under $30 each from Provident, so I hope that was a wise move.

  12. Dustyroads says

    I for one am surprised to see this great of a jump, looks like someones making a little profit. There are charts out there would indicate a lower floor for gold, but I think a lot of people have bought into this one. I also am wondering about how long before the US Mint adjusts it’s pricing and what effect this run will have in it’s numismatics department. Don’t really care too much to get involved in bullion, but don’t see any big lows right now, except maybe in clad or unc. Generals dollars.

  13. Dustyroads says

    George, the only things I’m buying these days in bunches are bananas. I too like to pop on a no brainer every once in a while, but if I could do that more often then my name would be Pavedroads!

  14. high low silver says

    I think you did good gg !! Thanks for reminding me to get some Pandas from Provident !!!!!!

  15. CaptainOverkill says

    Incidentally, the price of the 1/10th ounce gold eagle on Provident now basically matches the US Mint’s price for the 1/10th ounce proof gold eagle. Can anyone else remember a time when a US bullion coin equalled the price of a US numismatic equivalent like this? I know the AtB bullion coins came close a couple of times, but I don’t ever remember the mint allowing the bullion AtB’s price to equal the uncirculated AtB’s price.

  16. Dustyroads says

    This is all happening a little fast, we will see the market slightly down by the end of sales tomorrow and someone will have made a little cash!

  17. gatortreke says

    @George: I bought a bunch of the 1 ounce Silver Canadian Wildlife Series Buffalo coins when the price of silver plummeted recently. I figure people love Buffalo’s so besides being just an ounce of silver, they also might have greater collector interest in the future. They also had a lower premium at Provident than the ASE’s had.

  18. george glazener says

    @ Gatortreke:

    How do you like the overall quality of the Canadian Mint Silver coins? I bought one once and was disappointed in the finish. It seemed like it was a nearly flawless coin in all the usual respects, and yet the coin just looked, I don’t know, dull or lackluster, or just missing something. Looked like a token more than typical US MINT stuff. What do you think?

  19. vaughnster says

    I agree with a post here that the 2013 ATB Quarter Uncirculated set looks great and for $12.95 is not that bad a price. I wouldn’t mind getting the 2010 and 2011 set but at $21.95 is really ridiculous. They should lower the price on those.

  20. simon says

    vaughn : my 2c if you really like the full sets for your collection it is worth the extra $ to get them for completeness. In my case I usually skip two sixes of beer which is a small sacrifice to make up the difference.

  21. ABC says

    The U.S. Mint just posted the info for the 2013 Gold Buffalo Proof. It looks like there will be no special offering for the 100th anniversary after all. It’s just a regular proof coin.

  22. gatortreke says

    @George: I’ve been very happy with the Canadian Mint’s Wildlife Series coins. They changed the style in mid-production but the coins look great, especially considering they are “bullion” pieces. They are 1 ounce silver just like the standard Silver Maple Leaf with the bonus of good designs and some collector interest, a win all the way around for me. The first two coins in the series, the wolf and grizzly, both sell for premiums now, wouldn’t be surprised to see the same eventually for the buffalo considering the whole world loves buffalo’s. :^)

  23. says

    I wouldn’t be so fast to write off a special Buffalo Gold 100th Anniversary set.

    The regular proof buffalo was planned to be released as usual all along and has been on the Product Schedule for quite some time.

    The Mint often times does Anniversary sets late in the year…the 2011 Silver Eagle 25th Anniversary set went went on sale October 27, 2011.

    Also, think about it from the Mint’s perspective…that is, go ahead and release the regular proof knowing you will get sales from regular proof buffalo customers and then five months later come back with a “special set” and sell to them again as well as a bunch of buyers that don’t normally buy the proof buffalo, but know they want to have this “special set”. They could include a reverse proof and a burnished coin to have a set with two coins unique to the set.

    Maybe I just don’t want to give up hope yet, but all we can really do is wait.

  24. ClevelandRocks says

    Just received my Hawaii 5 oz ATB coin today from the Mint!
    Glad I didn’t cancel by backorder…

  25. Steve says

    A bit off topic. I just picked up a 2000 proof ASE in capsule only. No COA or box. Does anyone know an establishment that sells empty US Mint packaging? Thanks

  26. Steve says

    Thats it!! Thanks. I looked in Ebay, but I must not have typed in the correct description to get me to this page.

  27. Ray says

    The mint would be foolish to not support coin collecting by celebrating big anniversaries like a 100th. Ive set aside enough for a 2 ounce gold set. The american buffalo is my favorite modern pm coin made in the world. i’m clearly biased. and i hope a lot of others are too. i really hope they make it happen. even if it means buying a 2nd regular W proof AGB to get the reverse proof, i’d be all about it. i regret not buying the 2012, but i was still in research mode. the AGEs dont do it for me like the gold buffs. id be majorly disappointed if they didnt make a special set. i think they have plenty of time and the longer they wait, well, hopefully the smaller the mintage. a unique 2 coin set would make me foam at the mouth. Steve, i like how u think!

  28. TheAsianGuy says

    In regards to the WP ASE set, since the a four-week ordering window beginning May 9, 2013, at noon (ET) and ending June 6, 2013, at 5 p.m. (ET), are all the graded coins supposed to be First Strike and Early Releases?

  29. Rick says

    Keep them in the Mint sealed box and submit them any time later(years)
    Open the Mint box and you only have their FS/ER eligibilty for the period they allow(30 days?)
    Someone will correct me if I’m wrong. I don’t buy into the hype, but I have bought many that were graded without FS/ER designation.

  30. Ray says

    gona guess that we wont be seeing the 5oz atbs until after the west point set is sold. well, i hope they do with all thats being released in 6 weeks.

  31. Hidalgo says

    @Cleveland – Congratulation on getting your Hawaii coin! Like you, I waited. But it was well worth the wait since I only had to pay the US Mint’s price and not inflated secondary market prices from a dealer or eBay.

    Congratulations again!

  32. Hidalgo says

    For anyone interested, the status of my 2013 5 Star Generals 3-Coin Proof Set, which was previously backordered, is now “In stock and reserved.” Further, there is a pending charge on my credit card. Looks like the set will be here soon!

  33. merryxmasmrscrooge says

    It’s all great about the HAL9000, I mean the illustrious coins sets being offered, but isn’t it a little too much?

  34. Mint News Blog says

    Re: 100th Anniversary Buffalo Set.

    I am working on getting a response from the Mint and will share any information I receive.

  35. Dan in Fla says

    Against my better judgment I ordered an AGE 1 oz proof and its damaged. The darn thing has planchet gouges that could easily be seen. This ones going back and I will save fifty dollars in the mean time.

  36. Dan says

    Hey Rick

    Its refreshing to find another who is not into that FS/ER designation BS!!! For the life of me I just cant understand the ridiculous premium some pay for it. I feel its things like this that are more detrimental to the hobby than meaningful in the long run and I blame the grading companies for it. Just a worthless term to make higher profits.. Just MHO.

  37. Sam says

    Ok – scrath that aboeve ^^ its the release date, not the launch ceremony date. They will have one, since I was just at the Perry Launch last week.

  38. simon says

    Dan : I agree – TPGs sell illusions and hype not coins. I was looking at a dealers website for the 2013 ASE and just simply astonished at the plethora of labels and slabs. No kidding; they have a total of 50 labels and slabs for just two 2013 coins the bullion and proof ASE. AMAZING !!! The best source for coins is simply the USMint. The Mint itself has thoroughly debunked the first strike myth as total rubbish.

  39. says

    Hi Sam,

    Thanks for linking me to that, because I didn’t know the planned launch date of the Ft. McHenry quarter. The US Mint’s website only has it listed as “August.”

    I did a little poking around on previous launch ceremonies and it seems like they tend to come about one to two weeks after the US Mint releases the quarters for sale on their website. That was kind of a surprise to me. I would have expected them to do a launch a couple of weeks before the quarter’s release.

  40. Ann says

    Hi Rick And Sam,

    FS and ES is called salesmanship. A gimmick to sell more coins and I
    don’t buy into it either. But sometime ago I did hear an argument that
    the first made coins are created more carefully, then I heard first to be
    made and stacked, then last to be shipped out.

  41. george glazener says

    The other night, The Coin Vault had a group of slabbed & graded nickels, plain old PROOF Jefferson nickels, maybe 40 of them, for sale at $199.95. No joke..!

    God bless Capitalism, but COME ON…!!

  42. TheAsianGuy says

    When I first collecting coins back in 2009, I purchased lots OGP coins such as 2009 Lincoln Proof and Silver Dollar. What I paid for them at that time I could get the graded 70s for just a few dollar extra. I tried backtracking and collecting to complete the commemorative coins, ASE and States Quarters. People would claim their coins were excellent or looked like grade 70s. After I received them, a new guy like me could even tell they would not be close to 70s. I decided just to get the graded 70s coins after.

    I want to have problems free coins so that I will be content and observe them with joys. I purchased the 2011-W and 2012-W AGE PCGS MS70FS, 2011-W and 2012-W Gold Buffalo PCGS PR70FS most of them were around $2k each (of course with a reasonable price that I am willing to pay). They are sharp and beautiful coins with good premium now. I don’t have to worry about returning the issue coins or buying from those who claim their coins are flawless and they are not.

    Some people are willing to pay for the grades, some for the coins, and some for both the grades and coins. Everyone has their own fashion to enjoy and build their hobbies.

  43. Dan says

    Hey Asian Guy

    I agree with buying a 70 coin whenever I purchase on the secondary market. I think buying the best coin that one can afford is always the right way to collect. However, when you can buy a 70 for 2 dollars and a 70 fs/er for 4 dollars, I just cant justify the extra 2 dollars for the label that means nothing to the coin. I would rather put the money I save toward another coin.

  44. Dustyroads says

    TheAsianGuy,

    Take my word for it, one can gain far more information from reading the News Mint Blog than one can gain from reading the comments in this thread.

    No one can argue with the fact that coin collecting is part investment, so when buying coins, it’s reasonable to expect the most return from your investment. Time and time again I’ve seen PCGS out sell NGC, and I’ve seen FS and ER designations on labels out sell the rest.

    The fact of the matter is that a label adds to the resale price…period.

    Coins in OGP are much more affordable, but the more history a coin has (label) the more attractive it can be to some people.

  45. TheAsianGuy says

    Dan,

    I agree with you too.

    Dustyroads,

    I can’t agree with you more, even though I am new to this side of the world. I do enjoy Michael’s blog and others wisdom in the numismatic world. I love this site!

  46. high low silver says

    Thought I got a white mt. Quarter today……turned out to be a GEM NY State quarter from 2001.

  47. simon says

    My 2c wrt the TPG discussion : A 1995 W PCGS 70 ASE sold recently for $86k. My congratulations to the purchaser! If I had that kind of $, I would opt for a high grade 1907 high-relief St Gaudens or an 1893-S Morgan. I have very serious doubts that under naked eye one can tell the difference between a 69 and 70 grade. I actually have PCGS69 coins which are flawless and PCGS70 coins which are covered with crud. Full disclosure : I have a high quality 100X microscope. I refuse TPG services on the principle that all they offer is an opinion based on looking at the coin through a lens. Quite frankly, anyone can do this. Furthermore, IMHO a coin in OGP is far more desirable than a coin encased in plastic. Less money paid to TPGs = more money to purchase coins if one is a coin collector.

  48. Tim says

    Hidalgo says:
    April 26, 2013 at 8:23 am
    For anyone interested, the status of my 2013 5 Star Generals 3-Coin Proof Set, which was previously backordered, is now “In stock and reserved.” Further, there is a pending charge on my credit card. Looks like the set will be here soon!

    I noticed that as well and I have a pending on my cc as well! Good luck to all, what a hobby, and what a site by MZ !!!

  49. gatortreke says

    I have two thoughts/questions about TPG’s:

    1. Will the packaging mean anything 30 years from now? I know they add a certain value for resale in the here and now, it is evident by watching auctions on eBay. However, how much credence do we give slabbed, graded coins from years ago? I know many who discount many of the graded coins from years ago.
    2. Does FS really mean anything? It’s my understanding that grading is about the coins so if FS really means anything, then it would be evident by just examining the coin. Does anyone here believe a TPG can determine when a coin was struck, whether it occurred in the first 30 days or after day 90, especially on lower volume items? Also, how the heck do we know when a coin is shipped, we’re not getting a later produced coin that was stocked in such a position that it gets shipped earlier than and earlier produced coin?

    Like many others, I think the FS designation is mostly about hype, nothing else. Just my thoughts!

  50. Dustyroads says

    Good points, but I think the newer generation of collectors did not know the age before TPG’s.

  51. VA Bob says

    Hi Ho I’m seeing lots of nice State Quarters in pocket change. I believe many have come to realize they are not going to be worth much in their life times and are dumping the extras they don’t need to fill a book. In the long run that’s best for the hobby. Coins that have circulated make those of the same type that escaped circulation much more desirable. Too much stuff out there that will never see a pocket or purse, or even the light of day, so will never be known to the non-collecting public. Many collect (anything) because it reminds them, directly or indirectly, of their childhood or the simpler things in life.

  52. VA Bob says

    A coin should be able to stand on it’s own merit. I’ve seen crap coins slabbed in plastic, and to some that’s good enough. There are plenty of books on grading out there, do you really want someone elses opinion? Send me 20 bucks< I give you mine. Of course you should buy what you like, but a nice coin in OGP is still going to be a nice coin in a slab… unless you believe it's going to 'spoil' over the years. Well, slabs aren't air tight either, and in fact grading exposes them even longer to the elements than OGP.

    You can always slab it before you sell it if you believe you'll get more from someone else looking for a subjective label. Of course you won't get the FS label, but what does that really mean to the coin in hand… nothing but a gimmick. Now if you're banking on the gimmick to sell your coin to another unsuspecting buyer for extra $$$, please disregard what I've said. If a person like myself (or many dealers for that matter) looks at your coin, for purchase, I'll tell you up front that I won't pay a premium for that label over a similar coin without it. You'll have to wait for the label buyer to come along.

  53. Dustyroads says

    VA Bob,

    We are putting a lot of money into these collections, as with any other valued treasure we posses, isn’t more paperwork simply better?

    The number one reason for having a coin graded is to authenticated it, and whether it’s in OGP or slabed, it still needs special care.
    Please don’t get me wrong, I’ve looked at this both ways and have decided to stick up for the top graders today, heaven only knows what I’ll be doing tomorrow.

  54. TheAsianGuy says

    Will you have an architect to design and build your house, or let someone who claims that they can build like an architect?

    As I expressed my experience with some sellers claimed their coins were clean and sharp, but they were not. Most of my graded coins purchase are in great shapes with only few in exception. I will only buy the coins in OGP through US Mint directly without having to worry about cherry picking by someone else.

    Even though with the graded coins, I will collect them wisely. I paid some graded 70 FS/ ER far less than those who paid for the OGP after they were sold out (thanks to Michael’s blog). I collect want I like, what I enjoy, and what I believe is worth spending. I obtain them early without waiting to determine what their montage will be, because I really want them to be part of my collections. Personally, I still prefer graded coins.

  55. VA Bob says

    Dusty and Asian Guy – if I were buying raw coins off the street, perhaps there would be some concern about if their ‘genuine’ or not. I either buy something I know something about or from someone I trust. I’m not suggesting slabs, especially for old coins don’t have merit, they do. But how much extra would you pay for a Morgan silver dollar in a First Strike slab? I’m hoping you would say ‘zero’ (as none should exist), yet I’m sure someone would buy it, even though it is meaningless.

    If you’re buying from the Mint directly… are you really concerned about the coin being real? How many modern US commemoratives (or circulating coins for that matter) are turning up counterfeit? Are you really not going to send an obviously imperfect coin back to the Mint if you ordered it from them? If you’re buying your coins from someone you don’t know or trust, I suppose slabs are good. If your buying moderns in slabs, look how many are selling at a price only a large re-seller could afford to do after the ‘grading’ charges. I’m not putting your choice of coin coverings down, you should get what you want. Just know that all the bells and whistles are artificial and subjective, in addition to the extra cost, and in the end it’s going to be the coin itself that determines the price that it will fetch. The older coins will tell you that. If slabs were the end all be all, the Smithsonian’s collection would all be wearing them. You can go over to PCGS’s forums and talk all day about over or under graded coins and what people are willing to pay for them. Examine the coin not the label. Don’t let what happed to sports trading cards happen to coins, and yes TPG’s helped fuel that hype too.

  56. VA Bob says

    Dusty – I saw a bit about this a few days ago. When you get into such rarities, well that’s way out of my league. Something like this is only as valuable as what someone is willing to pay and is all very subjective. Even if I had that kind of disposable income, I don’t think I would purchase it. Sure there’s the bragging rights, and maybe the buyer will try to sell it after holding it awhile to turn a profit. Me, I’m not that kind of collector. I tend to hold onto my purchases long term. I want to enjoy my coins at home not at a bank vault. Nothing against the folks that play those high stake games. They make things interesting, and that’s good for the hobby overall. How about you? What’s your opinion?

  57. Dustyroads says

    VA Bob,

    I’m astonished that someone will pay that much for a coin, but it just means that the hobby is alive and well. The history of the coin and having it validated had to have been paramount to it’s sell.
    I for one am not in that ballpark, but I have been able to buy a raw MS 1932 S Washington head quarter that I hope to keep in my safe for a very long time, and if a rainy day comes along it may be one I may have to part with. I also like looking for nice rare Franklin halves with FBL’s. Error coins are a great way to enjoy the hobby also.
    I haven’t been much into bullion, but after receiving a 10% coupon recently I decided to visit APMEX and picked up a raw 2013 1/4 oz. eagle for $391.00.

    We have had a debate about TPG’s and I don’t believe they are a must on all coins, but I have been able to pick up a few number ones and enjoy having them graded and fully intend to keep them in my safe for a very long time. I will buy the upcoming two coin ASE set, and they will not be graded, just because I like the way they look in the blue box.

    BTW, got our first rain in four months today, first significant rain in a year!

  58. thePhelps says

    I am no fan of the FS/ER added label to the current coin market. I also believe it is nothing buy hype and sales.

    So I got a FS MS69 coin gee great – how is a FS MS69 coin better than a MS69 coin. Is there some new system being put in place to tell us that now MS69/MS70 isn’t really MS69/MS70 unless we buy one that is designated FS/ER? Also if FS is so great why are there FS MS69 coins to begin with? Isn’t the idea supposed to be that FS is the best strike the coin can get, and yet there are MS69 coins?

    I am calling BS… if the coin is graded MS70 it makes no difference if it is a “First Strike” or not. It is pure hype to add to a slab for sells. Sad thing is they are convincing buyers it has merit and bypassing the entire grading scale – they themselves have established.

  59. Dustyroads says

    I think there’s a misunderstanding about what exactly an FS or ER label really is. Since degradation of the die doesn’t typically happen early enough to be seen in numismatic coins, it may only be possible to be seen in bullion coins produced in the higher numbers. If we are talking about grading bullion coins with a FS, then I would have to be in complete agreement with you. However, the FS addition from the TPG’s I believe has more to do with the desire held by many buyers that their rare coin did indeed have the distinction of being struck very early, and little to do with detail.

  60. thePhelps says

    Dusty – seriously? I’ve read repeatedly that the “First Strike” designation is about quality and has nothing to do with – the 1st coins off the presses other than they are part of the earliest runs – seems like they could make it twist in the wind either direction at that point. The other things I’ve read are the degradation of the dies over time means a lower quality strike, so you want the 1st pressings…

    I don’t buy into any of it. If I buy a coin 3 years from now – what difference does it make where in the release cycle the coin came off the press if it is MS70. No where – but the seller will try and maintain some retail value of the FS banner as proof of quality – not date pressed.

    In otherwords it is some jumped up sells pitch for an in-between grading scheme and nothing more.

  61. Dustyroads says

    I certainly don’t want to lead the coin collecting community down the road to collapse, and I don’t believe it’s very important, but some want it.

  62. Dustyroads says

    Ok, I have to admit that I haven’t read some of the articles that I’m sure some of the readers here have, but I just read one that clears up some things.

  63. thePhelps says

    Yeah…apparently people want to believe they are buying something of added value when they are getting nothing more than the next guy who bought the same coin without a FS designation. Now supposedly my coin is not as good as his coin because he got a FS designation… a naive buyer will believe this to be true. Which is why I’ve said they are creating new grades – and circumventing their own system. MS70 isn’t MS70 really if it isn’t a FS MS70..that is a special coin you have there.

    The mint has even rebuked the graders by telling them the coins are made well in advance of shipping – and the first out the door doesn’t mean the first or last off the presses – it simply means it was the 1st out the door and has no special merit.

  64. Dustyroads says

    As for myself, I’ve never thought of “First Strike” as meaning anything other than, “within the first month”…never!
    It’s surprising to me that anyone would be confused. NGC made a move to change their labels to not mislead anyone, but PCGS may not be sure about what to put on their labels. Maybe they could use FM…
    What would really be cool, is if the US Mint would individually number every numismatic coin struck, laser it right on there!

  65. thePhelps says

    Maybe PCGS should drop it completely since there is nothing to it. It adds nothing, means nothing, but moves their coins – which is all they care about. It muddles the collecting waters with meaningless and valueless labels – attempting to mean something.

  66. VA Bob says

    The Phelps – It’s been proven the First Strike is really just the First Shipped. When the Mint stacks up the coin boxes they they place the newest struck on the top of the stack and don’t dig to the bottom get the first ones that they struck shipped out. From my understanding the big monster boxes of ASE’s or AGE’s contain paperwork inside that actually indicate what lot they were struck in, and that’s how the first strike gimmick was exposed. The only thing that is a certainty is that some people are willing to pay more for that designation. I don’t fall into that group. If it’s on a label of a coin I’m interested in, so be it, but I’ll pay the same going price as I would for a similar condition coin without the designation. Some of the nicest coins I’ve purchased from the Mint were after they were on sale for a while. Perhaps these were stuck on new dies (which can occur at any point during the run

    If I were to get a coin graded I wouldn’t be inclined to pay extra for FS to be added. I would feel bad personally making that a selling point to a potential buyer later on as it seems a bit misleading. Even the Mint said they don’t keep track of what was struck first through the last and how it gets shipped. Me, I’d be happier with the first fresh die strike of last run than the 500th strike with the very first run. But, there really is no way to know this.

    Dusty congrats on the rain. It seems some that have been dry the last two years are getting more than they can handle this year. so I hope you get all you need, but not too much more on top of that.

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