Comments on: Making American History Coin and Currency Set Sales Open at 24,130 https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/ CoinNews delivers the latest World and US coin news Wed, 22 Aug 2012 10:31:59 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Joe https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56117 Wed, 22 Aug 2012 10:31:59 +0000 http://www.coinnews.net/?p=30411#comment-56117 Most dealers I hate to say pay more for these pedigree labels,not much more. But we pay more to have them graded. It’s a joke.

]]> By: jim https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56107 Wed, 22 Aug 2012 05:46:59 +0000 http://www.coinnews.net/?p=30411#comment-56107 Joe –
I’m not against grading coins – I think a coin’s grade is an indication to a prospective buyer of what it’s value is to him and helps him decide what he wants to pay for that coin. By pedigree I mean the label that says “20th Anniversary First Strike” (how totally ridiculous that is) for example, or “San Francisco Eagle Set” or whatever else they might say to make a coin seem to be more unique than another coin that’s exactly the same. These pedigree labels are a marketing ploy made up by the coin grading companies to get more people to submit coins for grading and labeling. Made even more ridiculous when they said one only needs to send in an even number of proof and reverse proof coins to get the SF Eagle Set label (wherever you get the proof eagle from). As I said before a silver eagle is a silver eagle. I don’t think people who put a higher value on a pedigree label really understand what’s going on.

]]> By: Joe https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56104 Wed, 22 Aug 2012 04:39:22 +0000 http://www.coinnews.net/?p=30411#comment-56104 I left out that I wanted to say jim your right it’s best to leave the coin & currency alone.

]]> By: Joe https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56103 Wed, 22 Aug 2012 04:31:18 +0000 http://www.coinnews.net/?p=30411#comment-56103 Only when it”s time to sell, the graded coins will be worth more than the ungraded coins. I wish it never happen. Say I received 1500007 I would not have it graded. I will be the only one who has it anyway,so what the sent’s.

]]> By: jim https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56098 Wed, 22 Aug 2012 02:54:33 +0000 http://www.coinnews.net/?p=30411#comment-56098 Joe –
And exactly the way I believe proof coins are picked for inclusion in the 2 coin set and for this set, which is why I think there is no value to the pedigree the coin graders give to coins. A silver eagle is a silver eagle is a silver eagle, regardless of it’s packaging and other accompanying eagles/bills, just like a $5 bill is a $5 bill is a $5 bill. In this case there’s physical proof with the serial numbers that are showing up as you mentioned. These are totally random pairings with no significance at all.

]]> By: Joe https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56086 Tue, 21 Aug 2012 22:54:45 +0000 http://www.coinnews.net/?p=30411#comment-56086 Yeah probably right jim. But don”t you think they made the 100,000 sets yet. Look how their giving them out between Victor you & me. Their all over the map.

]]> By: Victor https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56085 Tue, 21 Aug 2012 22:41:16 +0000 http://www.coinnews.net/?p=30411#comment-56085 In reply to Joe.

Joe, you never know! It would have been too easy to hope that the BEP would have done something so nice. My bill, on one set is 11699 D, with the 150 being the first three numbers. Maybe it happened and we don’t know about it, yet. Of course, maybe one day at a coin show or auction, one will show up.

]]> By: jim https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56079 Tue, 21 Aug 2012 22:07:28 +0000 http://www.coinnews.net/?p=30411#comment-56079 Joe –
Since my $5 serial # is over 50,000 (and we know they haven’t sold 50,000 sets yet) I would bet that while there most likely exists a $5 bill with the serial # of 00001 I would say it’s likely they didn’t start collecting the 150nnnnn bills until after that bill had already been distributed to the public or maybe even more likely saved off for some high ranking official of some sort.

]]> By: Joe https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56077 Tue, 21 Aug 2012 21:46:13 +0000 http://www.coinnews.net/?p=30411#comment-56077 Victor, I don’t know if this is a foolish ? or not. Do you think their is a $5bill that starts with the serial # 15000001 & so on, for the coin & currency sets?

]]> By: RonnieBGood https://www.coinnews.net/2012/08/15/making-american-history-coin-and-currency-set-sales-open-at-24130/#comment-56069 Tue, 21 Aug 2012 19:25:35 +0000 http://www.coinnews.net/?p=30411#comment-56069 FYI –
PMG is part of the NGC family. NGC also has a service for grading comic books.

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