Registry Award Pins - PLAQUES ARE DONE FOLKS
Plaques are DONE.
END OF AN ERA.
I'll be the bearer of bad news here folks, but when I was notified that 11 of my sets had won Gold status for this year and was asked how I wanted my sets listed / named on the PCGS website, I responded as I usually do, with my request for how I wanted the sets listed on the website and how I wanted my plaques to read.
I got this response:
"...while we will not be issuing plaques this year, we will still be honoring our award winners, just in a different fashion."
When I pressed and asked just HOW the award winners were to be honored, I got THIS response:
"...In regards to how we will be rewarding members, we ask that you stay tuned as I have been asked not to disclose any information at this time."
PCGS is going to go cheap, it will NOT be an improvement. They will NOT be "raising the bar".
PCGS will raise prices on grading services, you will wait longer for your coins to be returned, we will give you a cheap piece of pot metal sourced from China for your award, and somebody in an office will get a huge raise and promotion for saving PCGS tons of money on awards and shipping.
By shipping one pin per award category, they have effectively reduced their awards costs exponentially, as well as their shipping costs. They can toss these pins in a padded envelope and send them cheaper than plaques ever cost. Oh, and I'd guess they will NOT be engraved or personalized since they cover MULTIPLE sets per award category. But please, by all means, PLEASE swamp their emails and phone lines and ask if the pins will be engraved, bahahahaha....
I can get coins graded at NGC without paying an annual extortion fee (lifetime ANA member, no annual "club fee" with NGC); PCGS has become a sports-card grading company, and they treat coins like widgets and coin collectors like idiots.
Registry Set Winners: enjoy your SINGLE pin per award category for all of your hard work and grading fees to support these idiots. Plaques are DONE. You are now being "honored in a different fashion".
After getting multiple plaques annually since 2016, this is an insult and a major indication that PCGS is telling collectors that they are basically irrelevant. I can go to coin shows and walk by booths and get free enamel pins from companies promoting their services; I can also get free lanyards that are actually USEFUL to hang a loupe from.
Big shout out to NGC - they are the big winners here folks. They will be getting my grading fees from now on.
I doubt very seriously that I'll be the only one that says "yeah, no thanks PCGS...".
It will be interesting to see others' comments and responses when they realize that "gee, no more plaques, and no real incentive to compete in the Registry Sets any more, but here's a token of our appreciation of you as a collector in the form of a pin to hold your grocery list on your cork board by the fridge as we honor you in a different fashion..."