@Manifest_Destiny said:
With the advent of CAC slabbing, I hope CAC goes away in the PCGS registry sets.
It may have already happened. I have a couple of Lincoln’s that received stickers in early June. So far neither has been recognized as stickered for my CAC Lincoln Registry. Either CAC no longer notifies PCGS or PCGS is no longer recognizing the sticker.
Just this past Sunday I entered a PCGS CAC sticker to my inventory and I checked the box to update all sets for the addition. The CAC sticker was recognized on the item and my 12 piece gold Type CAC set was updated with no issues.
Just this past Sunday I entered a PCGS CAC sticker to my inventory and I checked the box to update all sets for the addition. The CAC sticker was recognized on the item and my 12 piece gold Type CAC set was updated with no issues.
Yes, I see that your coin got added but don't know what you added because your set is dark. That's fine, unless my sets are complete all my sets are also dark
Congrats
@Manifest_Destiny said:
With the advent of CAC slabbing, I hope CAC goes away in the PCGS registry sets.
It may have already happened. I have a couple of Lincoln’s that received stickers in early June. So far neither has been recognized as stickered for my CAC Lincoln Registry. Either CAC no longer notifies PCGS or PCGS is no longer recognizing the sticker.
Just this past Sunday I entered a PCGS CAC sticker to my inventory and I checked the box to update all sets for the addition. The CAC sticker was recognized on the item and my 12 piece gold Type CAC set was updated with no issues.
Is your coin newly stickered or was it already stickered when you bought it?
Mine was already in my inventory before it was submitted for the bean. I’ve done this several times in the past and the PCGS recognition only took days after stickering. It’s taken 6 weeks so far, which makes me wonder if they have suspended new stickered coins.
@Manifest_Destiny said:
With the advent of CAC slabbing, I hope CAC goes away in the PCGS registry sets.
It may have already happened. I have a couple of Lincoln’s that received stickers in early June. So far neither has been recognized as stickered for my CAC Lincoln Registry. Either CAC no longer notifies PCGS or PCGS is no longer recognizing the sticker.
Just this past Sunday I entered a PCGS CAC sticker to my inventory and I checked the box to update all sets for the addition. The CAC sticker was recognized on the item and my 12 piece gold Type CAC set was updated with no issues.
Is your coin newly stickered or was it already stickered when you bought it?
Mine was already in my inventory before it was submitted for the bean. I’ve done this several times in the past and the PCGS recognition only took days after stickering. It’s taken 6 weeks so far, which makes me wonder if they have suspended new stickered coins.
It was already stickered. Have you tried deleting the item out of you inventory and then reentering it. I would think that would work since it appears PCGS has fixed the path with CAC.
@Manifest_Destiny said:
With the advent of CAC slabbing, I hope CAC goes away in the PCGS registry sets.
It may have already happened. I have a couple of Lincoln’s that received stickers in early June. So far neither has been recognized as stickered for my CAC Lincoln Registry. Either CAC no longer notifies PCGS or PCGS is no longer recognizing the sticker.
Just this past Sunday I entered a PCGS CAC sticker to my inventory and I checked the box to update all sets for the addition. The CAC sticker was recognized on the item and my 12 piece gold Type CAC set was updated with no issues.
Is your coin newly stickered or was it already stickered when you bought it?
Mine was already in my inventory before it was submitted for the bean. I’ve done this several times in the past and the PCGS recognition only took days after stickering. It’s taken 6 weeks so far, which makes me wonder if they have suspended new stickered coins.
It was already stickered. Have you tried deleting the item out of you inventory and then reentering it. I would think that would work since it appears PCGS has fixed the path with CAC.
Not till you mentioned it. Worth trying…..thank you.
@Manifest_Destiny said:
With the advent of CAC slabbing, I hope CAC goes away in the PCGS registry sets.
It may have already happened. I have a couple of Lincoln’s that received stickers in early June. So far neither has been recognized as stickered for my CAC Lincoln Registry. Either CAC no longer notifies PCGS or PCGS is no longer recognizing the sticker.
Just this past Sunday I entered a PCGS CAC sticker to my inventory and I checked the box to update all sets for the addition. The CAC sticker was recognized on the item and my 12 piece gold Type CAC set was updated with no issues.
Is your coin newly stickered or was it already stickered when you bought it?
Mine was already in my inventory before it was submitted for the bean. I’ve done this several times in the past and the PCGS recognition only took days after stickering. It’s taken 6 weeks so far, which makes me wonder if they have suspended new stickered coins.
It was already stickered. Have you tried deleting the item out of you inventory and then reentering it. I would think that would work since it appears PCGS has fixed the path with CAC.
Thanks for the suggestion. Unfortunately it didn’t work. I’ll try an email to CS.
@FlyingAl said:
The reason for this is that if anything the point bonus didn't do anything to NGC business wise. The beans just said that the grade was correct. Collectors would still send coins to NGC.
However, if they continue giving the bonus collectors will ask why their CACG coins don't get the same bonus. The issues with giving a CAC bonus now is that we will eventually get to the point where NGC is encouraging submitters to go to CACG to get the bonus, which is a mistake for NGC as a business.
This is why I like a 3rd party set registry like MyCollect Sets. They are not competing with TPGs, so their business is more aligned with collectors interest. It supports all major TPGs. I'm sure when MyCollect sets point system is up, CAC stickered coin will have a bonus, which is in line with how most collectors and the market feel about CAC stickered coins.
@alaura22 said:
I think it wouldn't be right to start a NGC registry set with "only" PCGS coins
JMO
While I agree with you there are many sets in the NGC registry that have only PCGS coins, many of them by the registry players on this forum. I like that NGC allows PCGS in the registry, but I think (and have said for a long time) that NGC should restrict the use of PCGS coins to display only, no points given for a PCGS coin. But I doubt that will ever happen.
Now THIS would bother me a lot...
Well the good news is that NGC is not listening to my suggestions.
"7/25/2023 5:33:17" PM - Well, It happened! Woke up to see a points reduction in my "Across The Street" registry. ALL CAC points are gone. They do not even show when you view possible coin points. Not surprised but disappointed. It sets an ominous tone going forward.
Yes, it happened to me, too. Luckily my rankings are still the same. Disappointing but I still stand behind NGC, because without them; I would have an incomplete registry set!
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@Walkerfan said:
Yes, it happened to me, too. Luckily my rankings are still the same. Disappointing but I still stand behind NGC, because without them; I would have an incomplete registry set!
I actually gained rank. The ones just ahead got hit worse than me. I guess there is a silver lining to very dark cloud.
I think this it is a normal way to follow a business. CAC go competitor so why someone will recognize as a quality expert. So this will push the QC and VSS.
Interesting to follow how the CAC will grad the coins because I do not see many experts there. To grad is one, but recognize varieties or errors is other game ball. To be followed.
NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN
I added a CAC approved PCGS graded coin to my set this week. I noted that the CAC notation did not show when the coin was posted. I thought that it might have been because it is a PCGS coin. Now I know why it didn’t show.
I also noted that every registry set had lower point totals with the red down sign arrow.
I guess NGC is doing this because CAC is now a full service grading company with a slab of their own. Why give extra credit to the competition?
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
@UpGrayedd said:
It's every man (TPG) for himself. NGC has to do what is best for their brand so I don't blame them one bit.
How do see this move as positive or "best" for NGC?
Because as others have stated CAC is now a direct competitor rather than a second opinion. If you give extra points for your competitor's product it might imply that they are superior driving business their way.
Do you think NGC should give extra points for PCGS graded coins in their registry? I think everyone should just be thankful that NGC allows PCGS coins and hopefully CACG coins into their registry in the first place.
@UpGrayedd said:
It's every man (TPG) for himself. NGC has to do what is best for their brand so I don't blame them one bit.
How do see this move as positive or "best" for NGC?
Because as others have stated CAC is now a direct competitor rather than a second opinion. If you give extra points for your competitor's product it might imply that they are superior driving business their way.
Do you think NGC should give extra points for PCGS graded coins in their registry? I think everyone should just be thankful that NGC allows PCGS coins and hopefully CACG coins into their registry in the first place.
Well it wasn't the CACG slabs that the points were taken away from, only the CAC beans. Maybe a fine point that is lost in all this but CAC stickering and CAC grading are two separate operations. The NGC registry awards points that is closely aligned with the market price of a given coin, and CAC examples almost always sell for more than non CAC approved coins. Thus it makes perfect sense why NGC decided to award extra points to CAC beaned coins. Perhaps NGC should have left the bean bonus alone and not award any bonus points for CACG slabbed coins.
Of course that might create as many problems as it solves, my take on all this is this came about due to the recent leadership shakeups at NGC. As recently as Jan FUN it was announced at the NGC luncheon that NGC would allow CAC slabs into the NGC registry. However, this new announcement and direction has put that previous decision on hold (presumably a reversal is in the near future), this feels more like some office politics and new leadership wanting to take the registry in a different direction or tone.
NGC has made some missteps in the past with the registry, most recent was the suspension of allowing PCGS coins into the US coin registry in the late 20 teens. That was a very unpopular decision that ultimately was reversed, but it was a move that angered some registry participants. While I don't think this change is as controversial as that was, I'm not convinced it was a move that will be in the best interest or enhance the NGC registry. But I was just curious if you had a different take on the situation other than the competitor angle.
@UpGrayedd said:
It's every man (TPG) for himself. NGC has to do what is best for their brand so I don't blame them one bit.
How do see this move as positive or "best" for NGC?
Because as others have stated CAC is now a direct competitor rather than a second opinion. If you give extra points for your competitor's product it might imply that they are superior driving business their way.
Do you think NGC should give extra points for PCGS graded coins in their registry? I think everyone should just be thankful that NGC allows PCGS coins and hopefully CACG coins into their registry in the first place.
Well it wasn't the CACG slabs that the points were taken away from, only the CAC beans. Maybe a fine point that is lost in all this but CAC stickering and CAC grading are two separate operations. The NGC registry awards points that is closely aligned with the market price of a given coin, and CAC examples almost always sell for more than non CAC approved coins. Thus it makes perfect sense why NGC decided to award extra points to CAC beaned coins. Perhaps NGC should have left the bean bonus alone and not award any bonus points for CACG slabbed coins.
Of course that might create as many problems as it solves, my take on all this is this came about due to the recent leadership shakeups at NGC. As recently as Jan FUN it was announced at the NGC luncheon that NGC would allow CAC slabs into the NGC registry. However, this new announcement and direction has put that previous decision on hold (presumably a reversal is in the near future), this feels more like some office politics and new leadership wanting to take the registry in a different direction or tone.
NGC has made some missteps in the past with the registry, most recent was the suspension of allowing PCGS coins into the US coin registry in the late 20 teens. That was a very unpopular decision that ultimately was reversed, but it was a move that angered some registry participants. While I don't think this change is as controversial as that was, I'm not convinced it was a move that will be in the best interest or enhance the NGC registry. But I was just curious if you had a different take on the situation other than the competitor angle.
I respect your opinion and understand your point, but at the end of the day it is NGC's registry and they can do what they feel is in their best interest, regardless of what you or I think.
Do you also feel that PCGS should award extra points in their registry for CAC beaned coins?
@UpGrayedd said:
It's every man (TPG) for himself. NGC has to do what is best for their brand so I don't blame them one bit.
How do see this move as positive or "best" for NGC?
Because as others have stated CAC is now a direct competitor rather than a second opinion. If you give extra points for your competitor's product it might imply that they are superior driving business their way.
Do you think NGC should give extra points for PCGS graded coins in their registry? I think everyone should just be thankful that NGC allows PCGS coins and hopefully CACG coins into their registry in the first place.
Well it wasn't the CACG slabs that the points were taken away from, only the CAC beans. Maybe a fine point that is lost in all this but CAC stickering and CAC grading are two separate operations. The NGC registry awards points that is closely aligned with the market price of a given coin, and CAC examples almost always sell for more than non CAC approved coins. Thus it makes perfect sense why NGC decided to award extra points to CAC beaned coins. Perhaps NGC should have left the bean bonus alone and not award any bonus points for CACG slabbed coins.
Of course that might create as many problems as it solves, my take on all this is this came about due to the recent leadership shakeups at NGC. As recently as Jan FUN it was announced at the NGC luncheon that NGC would allow CAC slabs into the NGC registry. However, this new announcement and direction has put that previous decision on hold (presumably a reversal is in the near future), this feels more like some office politics and new leadership wanting to take the registry in a different direction or tone.
NGC has made some missteps in the past with the registry, most recent was the suspension of allowing PCGS coins into the US coin registry in the late 20 teens. That was a very unpopular decision that ultimately was reversed, but it was a move that angered some registry participants. While I don't think this change is as controversial as that was, I'm not convinced it was a move that will be in the best interest or enhance the NGC registry. But I was just curious if you had a different take on the situation other than the competitor angle.
I respect your opinion and understand your point, but at the end of the day it is NGC's registry and they can do what they feel is in their best interest, regardless of what you or I think.
Do you also feel that PCGS should award extra points in their registry for CAC beaned coins?
Totally agree with you, it is up to the new leadership at NGC to decide how they move forward or make any changes to that registry. PCGS went another direction by adding duplicate sets for the CAC coins vs adding extra points, so as those sets are already seperate I don't see additional points necessary at PCGS. I also think that the PCGS regisrty has a different algorithym and is not as closely tied to the value aspect to determine points and rankings, so it might not be as applicable here.
I have no horses in this race at NGC.
But my perspective is this, why would NCG allow CACG or PCGS coins in there registry at all!
I believe that if they limited the registry to only there coins, like our host, then people would be more inclined to buy a NGC coin so it would fit and a PCGS coin for that registry.
Maybe the new management will decide to do just that. New people, new ideas, new changes.
Personally I believe that the TPG should only accept there own coins in their registries
Don't bite my head off, it's just what I feel is right
@alaura22 said:
I have no horses in this race at NGC.
But my perspective is this, why would NCG allow CACG or PCGS coins in there registry at all!
I believe that if they limited the registry to only there coins, like our host, then people would be more inclined to buy a NGC coin so it would fit and a PCGS coin for that registry.
Maybe the new management will decide to do just that. New people, new ideas, new changes.
Personally I believe that the TPG should only accept there own coins in their registries
Don't bite my head off, it's just what I feel is right
They tried this, once already, and it was a colossal disaster. Angry registry users left in droves. It severely hurt their financial bottom line. Since they reinstated PCGS coins and allowed them back in their registry, their registry has become very popular, once again. Even more successful than before.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@alaura22 said:
I have no horses in this race at NGC.
But my perspective is this, why would NCG allow CACG or PCGS coins in there registry at all!
I believe that if they limited the registry to only there coins, like our host, then people would be more inclined to buy a NGC coin so it would fit and a PCGS coin for that registry.
Maybe the new management will decide to do just that. New people, new ideas, new changes.
Personally I believe that the TPG should only accept there own coins in their registries
Don't bite my head off, it's just what I feel is right
Nothing wrong with your opinion, in fact NGC does not allow PCGS coins in the world coin section of the NGC registry. But most of the participants of the NGC registry find the ability to use both NGC and PCGS graded US coins as a significant plus, in fact it is one of the most popular features of that registry. And as I wrote above, several years ago NGC suspended the use of PCGS graded coins in the US coin section of the registry which was wildly unpopular with registry participants. That decision was reversed a few years later as a number of registry participants removed their sets due to that.
As to why NGC does allow PCGS coin into their registry, my take is that the previous management/leadership at NGC focused on the collector and what they wanted rather than prioritize brand first. It allows the collector to focus on the coin not the brand of plastic.
CAC has said that it will follow the NGC concept and be allowing both NGC and PCGS coins into its registry, inclusion rather than exclusion is better for the collector. While you may like that PCGS excludes all other TPG's I find that to be the one single reason I will not use this registry, spending thousands of dollars on needless crossovers for a registry is just foolish, don't bite my head off either, that is how I feel.
Comments
Just this past Sunday I entered a PCGS CAC sticker to my inventory and I checked the box to update all sets for the addition. The CAC sticker was recognized on the item and my 12 piece gold Type CAC set was updated with no issues.
Yes, I see that your coin got added but don't know what you added because your set is dark. That's fine, unless my sets are complete all my sets are also dark
Congrats
Mike
My Indians
Dansco Set
Is your coin newly stickered or was it already stickered when you bought it?
Mine was already in my inventory before it was submitted for the bean. I’ve done this several times in the past and the PCGS recognition only took days after stickering. It’s taken 6 weeks so far, which makes me wonder if they have suspended new stickered coins.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
It was already stickered. Have you tried deleting the item out of you inventory and then reentering it. I would think that would work since it appears PCGS has fixed the path with CAC.
Not till you mentioned it.
Worth trying…..thank you.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Thanks for the suggestion. Unfortunately it didn’t work. I’ll try an email to CS.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
This is why I like a 3rd party set registry like MyCollect Sets. They are not competing with TPGs, so their business is more aligned with collectors interest. It supports all major TPGs. I'm sure when MyCollect sets point system is up, CAC stickered coin will have a bonus, which is in line with how most collectors and the market feel about CAC stickered coins.
Follow me on MyCollect!
Well the good news is that NGC is not listening to my suggestions.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
"7/25/2023 5:33:17" PM - Well, It happened! Woke up to see a points reduction in my "Across The Street" registry. ALL CAC points are gone. They do not even show when you view possible coin points. Not surprised but disappointed. It sets an ominous tone going forward.
https://ngccoin.com/news/article/11932/
https://www.smallcopperguy.com
Yes, it happened to me, too. Luckily my rankings are still the same. Disappointing but I still stand behind NGC, because without them; I would have an incomplete registry set!
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
This issue is resolved at PCGS, at least for me.
chopmarkedtradedollars.com
I actually gained rank. The ones just ahead got hit worse than me. I guess there is a silver lining to very dark cloud.
https://www.smallcopperguy.com
I dropped 10 spots to 68.
Steve
My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
It's every man (TPG) for himself. NGC has to do what is best for their brand so I don't blame them one bit.
Philippians 4:4-7
No change for me, oh wait, I don't have any NGC sets.
All my PCGS are all solid
No extra points needed
Mike
My Indians
Dansco Set
I think this it is a normal way to follow a business. CAC go competitor so why someone will recognize as a quality expert. So this will push the QC and VSS.
Interesting to follow how the CAC will grad the coins because I do not see many experts there. To grad is one, but recognize varieties or errors is other game ball. To be followed.
NEVER ARGUE WITH AN IDIOT.
FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.
THEN, THEY WILL BEAT YOU WITH EXPERIENCE.
MARK TWAIN
How do see this move as positive or "best" for NGC?
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I added a CAC approved PCGS graded coin to my set this week. I noted that the CAC notation did not show when the coin was posted. I thought that it might have been because it is a PCGS coin. Now I know why it didn’t show.
I also noted that every registry set had lower point totals with the red down sign arrow.
I guess NGC is doing this because CAC is now a full service grading company with a slab of their own. Why give extra credit to the competition?
Also their business manager has changed, financial interests bought them out in the last few years and Mark Salzberg is no longer working there.
Because as others have stated CAC is now a direct competitor rather than a second opinion. If you give extra points for your competitor's product it might imply that they are superior driving business their way.
Do you think NGC should give extra points for PCGS graded coins in their registry?
I think everyone should just be thankful that NGC allows PCGS coins and hopefully CACG coins into their registry in the first place.
Philippians 4:4-7
Well it wasn't the CACG slabs that the points were taken away from, only the CAC beans. Maybe a fine point that is lost in all this but CAC stickering and CAC grading are two separate operations. The NGC registry awards points that is closely aligned with the market price of a given coin, and CAC examples almost always sell for more than non CAC approved coins. Thus it makes perfect sense why NGC decided to award extra points to CAC beaned coins. Perhaps NGC should have left the bean bonus alone and not award any bonus points for CACG slabbed coins.
Of course that might create as many problems as it solves, my take on all this is this came about due to the recent leadership shakeups at NGC. As recently as Jan FUN it was announced at the NGC luncheon that NGC would allow CAC slabs into the NGC registry. However, this new announcement and direction has put that previous decision on hold (presumably a reversal is in the near future), this feels more like some office politics and new leadership wanting to take the registry in a different direction or tone.
NGC has made some missteps in the past with the registry, most recent was the suspension of allowing PCGS coins into the US coin registry in the late 20 teens. That was a very unpopular decision that ultimately was reversed, but it was a move that angered some registry participants. While I don't think this change is as controversial as that was, I'm not convinced it was a move that will be in the best interest or enhance the NGC registry. But I was just curious if you had a different take on the situation other than the competitor angle.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I respect your opinion and understand your point, but at the end of the day it is NGC's registry and they can do what they feel is in their best interest, regardless of what you or I think.
Do you also feel that PCGS should award extra points in their registry for CAC beaned coins?
Philippians 4:4-7
Totally agree with you, it is up to the new leadership at NGC to decide how they move forward or make any changes to that registry. PCGS went another direction by adding duplicate sets for the CAC coins vs adding extra points, so as those sets are already seperate I don't see additional points necessary at PCGS. I also think that the PCGS regisrty has a different algorithym and is not as closely tied to the value aspect to determine points and rankings, so it might not be as applicable here.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I have no horses in this race at NGC.
But my perspective is this, why would NCG allow CACG or PCGS coins in there registry at all!
I believe that if they limited the registry to only there coins, like our host, then people would be more inclined to buy a NGC coin so it would fit and a PCGS coin for that registry.
Maybe the new management will decide to do just that. New people, new ideas, new changes.
Personally I believe that the TPG should only accept there own coins in their registries
Don't bite my head off, it's just what I feel is right
Mike
My Indians
Dansco Set
They tried this, once already, and it was a colossal disaster. Angry registry users left in droves. It severely hurt their financial bottom line. Since they reinstated PCGS coins and allowed them back in their registry, their registry has become very popular, once again. Even more successful than before.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Nothing wrong with your opinion, in fact NGC does not allow PCGS coins in the world coin section of the NGC registry. But most of the participants of the NGC registry find the ability to use both NGC and PCGS graded US coins as a significant plus, in fact it is one of the most popular features of that registry. And as I wrote above, several years ago NGC suspended the use of PCGS graded coins in the US coin section of the registry which was wildly unpopular with registry participants. That decision was reversed a few years later as a number of registry participants removed their sets due to that.
As to why NGC does allow PCGS coin into their registry, my take is that the previous management/leadership at NGC focused on the collector and what they wanted rather than prioritize brand first. It allows the collector to focus on the coin not the brand of plastic.
CAC has said that it will follow the NGC concept and be allowing both NGC and PCGS coins into its registry, inclusion rather than exclusion is better for the collector. While you may like that PCGS excludes all other TPG's I find that to be the one single reason I will not use this registry, spending thousands of dollars on needless crossovers for a registry is just foolish, don't bite my head off either, that is how I feel.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
It's all good, two different opinions, makes the world go round
No biting
Mike
My Indians
Dansco Set