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What Does First Strike Or Early Strike Mean?

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Author Previous TopicReplies: 6 / Views: 891Next Topic  
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United States
126 Posts
 Posted 12/29/2021  4:51 pm Show Profile   Bookmark this topic Add rkennedy1945 to your friends list Get a Link to this Message Number of Subscribers
I see these terms used regularly when looking up the value of coins. What does this mean and what criteria is used to fall into one of these classifications? How does a collector tell if he has a coin that will be in these classifications? I googled and all it said was used for coins made for the first 30 days. How would a grader or anyone know that? Confused.
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muddler's Avatar
United States
6992 Posts
 Posted 12/29/2021  5:01 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
It means another way to artificially create value to a holder not the coin.
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silviosi's Avatar
Canada
6244 Posts
 Posted 12/29/2021  5:05 pm  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
Generally peeking, the first strikes are collected by the mint, capsulated or put in sets and send to graders with signed mentions been first strike.


Quote:
I googled and all it said was used for coins made for the first 30 days


In general, except the proof strike the others are strike at a speed of 150 per min. the mint operate 24h/24h on production. I doubt that after 30 days could be first strike loll. Then is other thing: the first strike mean also first die which at this speed can not stay 30 days. Previous 2020, the dies was change after 40 to 50K strikes, I discuss about the hammer and not the anvil.

The first strike do not mean more value, this it is determinate by others factors. Speculators use first strike to attract innocents.
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jst1dreamr's Avatar
United States
509 Posts
 Posted 12/29/2021  5:10 pm  Show Profile   Bookmark this reply Add jst1dreamr to your friends list Get a Link to this Reply
Here is a good explination of this and why you should not spend extra for a coin based only on this designation.

https://coinvalues.com/library/what...y-profitable
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nfine's Avatar
United States
3307 Posts
 Posted 12/29/2021  5:38 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
I think "First Shipped" or "Early Shipped" could be a better description.
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John1's Avatar
United States
56855 Posts
 Posted 12/29/2021  7:54 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I agree with muddler.
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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coop's Avatar
United States
62064 Posts
 Posted 12/30/2021  12:27 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
EDS Early Die State coin.

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