NGC Introduces 'Early Production' Designation for Early Mint Strikes 1 1

[Matt G]

The Early Production designation is available for select coins struck in the first month of the year of issue.  Read more

 

[VKurtB]

Is it replacing any other designation, or is this in addition?

Edited July 20, 2020 by VKurtB

[Matt G]

23 hours ago, VKurtB said:

Is it replacing any other designation, or is this in addition?

@VKurtB,

This will be in addition to our current designations. The ER/FR designations will continue to be used for coins received by NGC within 30 days of being produced/released by the mint. 

Here is the full breakdown of the NGC designations. 

https://www.ngccoin.com/coin-grading/designations/

[RWB]

Interesting. How are coins struck in December of the previous year handled? This is a common practice for proof and some commemorative coins. Even circulation coins can be made in December but dated the next year to avoid disruption of supply chains. (Stockpiling is not an unusual occurrence.)

 

Edited July 22, 2020 by RWB

[kbbpll]

1 hour ago, RWB said:

Interesting. How are coins struck in December of the previous year handled? This is a common practice for proof and some commemorative coins. Even circulation coins can be made in December but dated the next year to avoid disruption of supply chains. (Stockpiling is not an unusual occurrence.)

 

Looks like they would be eligible for the additional "Struck in [year]" attribution. It's interesting because it seems like the same coins could be eligible for like 4 or 5 different labels.

[Big Nub numismatics]

Why not put all of them on there? Since people are just buying the slabs, make the slab bigger, better, with more pretty pictures on it. 

[Cascadia]

Can you be certain these were "Early Releases" or just a clerical error from a mint worker?

[Conder101]

No, can't be certain, but once the label is on it doesn't matter if it is right or not because there is no way to prove it is wrong.  (No way to prove it is right either, but the sucker er customers will pay the premium price for them anyway.)

[Revenant]

On 7/22/2020 at 2:16 PM, kbbpll said:

Looks like they would be eligible for the additional "Struck in [year]" attribution. It's interesting because it seems like the same coins could be eligible for like 4 or 5 different labels.

With the current state of things, it seems like something released in January should be eligible for 3 labels at least, including the normal label, the ER label, and this new EP label. Then you get into the "First strucks," the signature labels, the other different designs and such that you can get.

It's reaching a point  where it feels almost impossible to get a set that has everything matching unless you either submit them yourself all at the same time or you send in a set that you've built for a re-holder (expensive). It's a real shame IMO.