Two SAE Questions - "First Strike" and "What Percentage" guesstimate

Would appreciate any facts or opinions on rolls of Silver Eagles fresh
out of Green Box....

1) Is there really much to this "first strike" business? While I can
understand the possibility of greater quality in the first few coins
stamped, aren't the dies themselves replaced constantly throught the
entire run? Theoretically then, isn't it possible to get "first
strike" coins at virtually anytime during the mint run?

2) What would be your guesstimate of MS breakdown on any given original
SAE roll? (i.e., 60% MS69 - 30% MS68 - 10% MS67).

dennismike wrote:
Would appreciate any facts or opinions on rolls of Silver Eagles fresh
out of Green Box....

1) Is there really much to this "first strike" business? While I can
understand the possibility of greater quality in the first few coins
stamped, aren't the dies themselves replaced constantly throught the
entire run? Theoretically then, isn't it possible to get "first
strike" coins at virtually anytime during the mint run?

Yep. "First Strike" SAEs are just so much nonsense. Unless there was
documented evidence that the coin in question is indeed the very first
SAE struck in that year, I would add no special premium to such a coin.

2) What would be your guesstimate of MS breakdown on any given
original SAE roll? (i.e., 60% MS69 - 30% MS68 - 10% MS67).

Well, that depends. What service? Real grades, or what the service
assigns? For example, here's how NGC graded 2004's crop of silver
eagles:

67 -- 10 (0.02%)
68 -- 208 (0.5%)
69 -- 42487 (96.7%)
70 -- 1214 (2.8%)

However, PCGS has not graded *any* 2004 SAEs in 70.

68 -- 65
69 -- 6872
70 -- 0

ANACS would probably be even "worse" -- 69s are damn hard to score at
ANACS, and 70s completely nonexistent.

--
Bob

Bob Flaminio wrote:
dennismike wrote:
Would appreciate any facts or opinions on rolls of Silver Eagles fresh
out of Green Box....

1) Is there really much to this "first strike" business? While I can
understand the possibility of greater quality in the first few coins
stamped, aren't the dies themselves replaced constantly throught the
entire run? Theoretically then, isn't it possible to get "first
strike" coins at virtually anytime during the mint run?

Yep. "First Strike" SAEs are just so much nonsense. Unless there was
documented evidence that the coin in question is indeed the very first
SAE struck in that year, I would add no special premium to such a coin.

2) What would be your guesstimate of MS breakdown on any given
original SAE roll? (i.e., 60% MS69 - 30% MS68 - 10% MS67).

Well, that depends. What service? Real grades, or what the service
assigns? For example, here's how NGC graded 2004's crop of silver
eagles:

67 -- 10 (0.02%)
68 -- 208 (0.5%)
69 -- 42487 (96.7%)
70 -- 1214 (2.8%)

However, PCGS has not graded *any* 2004 SAEs in 70.

68 -- 65
69 -- 6872
70 -- 0

ANACS would probably be even "worse" -- 69s are damn hard to score at
ANACS, and 70s completely nonexistent.

Is this for proof or uncirc SAEs? (Hard to believe the uncircs
would grade anything like that...)

Merlin Dorfman wrote:
Is this for proof or uncirc SAEs? (Hard to believe the uncircs
would grade anything like that...)

Uncs, as the OP requested.

--
Bob

Merlin Dorfman wrote in news:csm91n$hf3$3
@blue.rahul.net:

Bob Flaminio wrote:
dennismike wrote:
Would appreciate any facts or opinions on rolls of Silver Eagles
fresh
out of Green Box....

1) Is there really much to this "first strike" business? While I can
understand the possibility of greater quality in the first few coins
stamped, aren't the dies themselves replaced constantly throught the
entire run? Theoretically then, isn't it possible to get "first
strike" coins at virtually anytime during the mint run?

Yep. "First Strike" SAEs are just so much nonsense. Unless there was
documented evidence that the coin in question is indeed the very first
SAE struck in that year, I would add no special premium to such a
coin.

2) What would be your guesstimate of MS breakdown on any given
original SAE roll? (i.e., 60% MS69 - 30% MS68 - 10% MS67).

Well, that depends. What service? Real grades, or what the service
assigns? For example, here's how NGC graded 2004's crop of silver
eagles:

67 -- 10 (0.02%)
68 -- 208 (0.5%)
69 -- 42487 (96.7%)
70 -- 1214 (2.8%)

However, PCGS has not graded *any* 2004 SAEs in 70.

68 -- 65
69 -- 6872
70 -- 0

ANACS would probably be even "worse" -- 69s are damn hard to score at
ANACS, and 70s completely nonexistent.

Is this for proof or uncirc SAEs? (Hard to believe the uncircs
would grade anything like that...)


Keep in mind that the submitter may go through several rolls to submit a
handful of SAE's. I'm a little surprised that there are no PCGS 70's.