7/1 New Rules May Be Needed For Reg-Sets

gary

LOOKS LIKE NEW GROUND RULES FOR REGISTERY SETS MAY BE NEEDED?
Don't show your sets all year!
Don't enter all coins untill last minute!
Hold back all year and spend more !
RENT ALL THE COINS YOU CAN BEFORE 7/1(release rented coins after 7/1)
Stay out of top 5 spots untll 6/30 of each year!
Collect plastic not quality coins and push year long top contenders off front page!
Dealers Register sets that are for sale after 7/1 rateing and compete against year around serious collectors!

Conclusion;
Sets must be listed for 120 days after 7/1 to clam Rateings title,,
Stop Mid-Year Set Rateings,Or
Very undisclosed closeing dates by 60 to 90 days eather side of 7/1 ,,So
Dealers will have money tied up longer,,Collectors don't care for they are in it for long haul......

Keyrock

I do agree the last minute registration of sets was in poor taste and somewhat comical. The way I look at it is....


If you want to be the top dog, put up or shut up (ie list your set and the test of time will confirm what you think)

Rich

Bikingnut

While we're on the subject of rules, how about one that says to compete other users must be able to see whats in your set.

DAM

And... to beat a dead horse... ratings, weightings, etc., etc., etc., should never beat out a COMPLETE SET no matter how nice the incomplete set is.

braddick

DAM- I completely agree with every single point made in this Thread other than yours regarding complete sets vs incomplete sets.

I know we've traveled this road before, but- as an example: a complete set of Rosevelts in PCGS MS66 (retails for about $1,000.00) should not beat out even a set of only 15 Rosevelts if the majority are in PCGS MS68, sprinkled with a few MS67's.
The totality of the COINS should be rewarded- not the completeness of the set.

It would only take two or three days to slam together a set of Kennedies in MS64/65/66. It would take months to put together a matched set in full MS67+- even a partial set.
We can disagree all day long about the way sets are weighed but it serves the purpose of distinguishing somewhat common sets (complete) over incomplete sets that are taking a months, if not years to build.

I'm not saying anything disparaging over complete sets as truly MOST OF THEM are top notch and worthy of being number 1. It is only the 15th set down the list, although complete- that may not match the difficulty/quality of sets seven through 14 that are incomplete but each coin is a better coin.

tradedollarnut

Coinster

LOOKS LIKE NEW GROUND RULES FOR REGISTERY SETS MAY BE NEEDED?

The Victorian Collections must be #1


The rest of your 'rules' are silly, don't apply, or of no consequence. Cutoff date is cutoff date, period.
I can perhaps see your bitterness Gary, at least one of your sets was pushed out of top 5 running.
But, I don't see a need to bash other registrants because of it though. JMHO.

John

DAM

Pat,

Perhaps I'm being misunderstood. Perhaps not.

I agree 100% with your example. A set comprised of MS67 and MS68 coins will undoubtedly be nicer than an MS66 set.

But, and here's where I differ, only if both sets are complete. In my mind, and maybe that's where the problem lies , a set is only the finest set when it's complete, not a work in progress. Not lacking even 1 coin from being complete. I would make exception to a couple of sets, i.e. Proof Liberty Nickels requiring the 1913.

tradedollarnut

Hmmm - so my proof trade dollar set is not the finest because it's "missing" one coin? Does it matter that I do have that one in an NGC holder? Does it matter that it's the exact same coin as the All Time Finest collection is credited with having?

How many of these sets have an actual example of the coin that is missing - either raw or in another company's holder? Does that matter to you or do you subscribe to the concept that the rules state they must only be PCGS? If so, then why do you not subscribe to the concept that the rules state the highest rated set is the best, regardless of completion?

Do you wish to pick and choose which rules you participate by? (Don't we all, but that is not the point)!

DAM

TDN,

In the tread, And the winner is?, I asked this question "Per the rule, as stated above, who will have the winning Barber Half Dollar Set? Set number 1 is 99% complete while set number 2 is 100% complete.

My question was, and is, how can you claim to have a finest set when the set is incompete. I'm not trying to make or change rules, rather, I'm looking for guidence to allow me to better understand the rules as they apply to the Registry. I do have my opinions though and I've expressed them.

As for your set, I think it's wrong you don't get recogition because you don't have the correct holder. But that's a rule too. Do I like it? NO!

What's happened is PCGS has established rules governing their Registry and collectors like yourself are hard pressed to get the recognition they deserve.

I'm sorry if I've offended anyone. I've meant no disrespect toward anyone or their set(s), either complete or in progress.

Typetone

Braddick:

Complete sets only should rank at the top. When you get your complete MS67 Kennedy set it will blow away a complete 65/66 set. If it take five years so what? Its not where you start its where you end up. In somes ways it is more thrilling to see yourself moving up and overtaking the lessor players over time. One day I will have one of the world's best Walker sets. It may take 20 years and will certainly take at least ten, but so what? Nothing good comes quick. That's the fun and challenge of set collecting.

Greg

keithdagen

Gary,

Let me help you out a bit:

The July 1 deadline was selected because that was the traditional ending in the old printed Registry book. Also coincides with PCGS's business year. Easy for them that way.

This is a hobby, not a competition, and if you believe otherwise, you're in it for the wrong reason. I watch about 10 sets, with minimum cost entry of a #1 set ranging from $10,000 to $2,500,000 depending on the set. Out of those sets, only a single person registered a complete set, and very few people made any upgrades.

People complain about the arbitrary deadline, but where was the massive influx of upgrades and additons. It didn't happen.

tradedollarnut

I don't have a problem with the 1885 not being counted - the rule of the Registry is that it has to be PCGS. I was using that example to make a point - many sets that aren't "complete" by the rules of the Registry are, in fact, complete in every other meaning of the word. For instance, my twenty cent proof collection is "missing" the 1876, but in actuality I have one in an NGC holder. For most collectors, this is a complete set - the fact that one coin is in another holder does not demean the completeness of the set.

The point is: before throwing stones at incomplete sets, be aware that they may in fact be complete tho not in just one holder. Since the rules dictate that only one holder is counted, and the rules also dictate that the highest set rating wins, it seems illogical to point fingers at supposedly incomplete sets as being not worthy of winning!

Russ

I'm not sure which is worse; the registry games, or all the whining about it. Both detract from the fun of collecting.

Russ, NCNE

gary

Thanks Guys,

I thought this would Liven Up the discussions and result in some confessions!

Reminds me when in class the teacher wanted to know "who did that",answer!

"None of us in the forum,,we don't want to win that's why we play the Registery Game".

I'm sorry!!! the Registery Game creates competition among registery players for the benifit of Dealers.

psxchelly

any wagers on the number of sets that will diappear after July 8th when they announce the finishers?


and to think that a lot of the people on this message board critisized me 3 months ago when I said this contest was all about who had the most money and the most connections to get/rent reg numbers.... sheesh.

Bear

Russ - Whining is OK, in fact I usually enjoy a little Whine with dinner .

Russ

Bear,

Yeah, I used to enjoy it too - a bit too much, if you get my drift.

Russ, NCNE

braddick

<< <i>I'm not sure which is worse; the registry games, or all the whining about it. Both detract from the fun of collecting. Russ, NCNE >>



Russ- I sincerely hope I'm not being lumped in as part of the whiners! I enjoy discussing the Registry and all facets of it. Sometimes I do step back and question what it is that is being debated (!) but all in all like the way the Threads/discussions go.

Also- the more I read this Thread the more I understand the logic in rewarding Complete Sets and not partial sets.

Heck, just a little more "whining" and I may be totally convinced!

scher

I sure agree with typetone (greg) ..complete only for the alltime finest,,so what if it takes awhile.. When complete ya got the real deal.. Ive been workin on a set for awhile and am only at 30% I show as current finest but its a joke to think of this set as great today..but hey in 10yrs or a little less I will really have something..
bruce scher
ps I too saw very little last minute additions or new sets in the sets I collect

WWBillman

The reward is given for time, effort, quality, and dedication.

Someone that goes out and drops a grand in a day on a complete low grade set and then wants/expects to be able to grab the checkered flag and wave it in everyone’s face who has dedicated themselves, time, and money saying mines better than yours is crazy.

How could anyone find satisfaction it that? Seems like a meaningless and shallow victory to me. In my opinion this is not a race to completeness it is a competition of dedication & quality and that is what should be rewarded.

Cocoinut

The simplest solution is sometimes the best one: eliminate ALL awards, and let the rankings speak for themselves. That would put an end to the games, BS, bickering, and pettiness. What's the big deal about owning a plaque or certificate?

Jim

keithdagen

Jim,

This crap has been going on longer than the awards program. Complaints like this has been aired since the sets were available for ranking.

braddick

It's the same mentality as the dude that registered a bunch of sets so as to win three free submissions.