When to release a coin from my registry sets.

toyz4geo

Gotta quick question. I am breaking up my registry sets and sold a coin on eBay today. Are there any rules governing when to release it from my set? I don't want to release it until it is delivered to the buyer. Am I wrong? Thoughts are appreciated.

Walkerfan

Sounds good. I would’ve released it after payment cleared.

coinbuf

I seldom sell but on those occasions I wait until I have notification of delivery. That way if it gets lost on the way I'll be notified if someone other than the buyer tries to register it.

Bochiman

I wait until buyer contacts me it is received, or until a legit request comes in, through PCGS, asking for it to be released.

TomB

Your question might also get more traction on the Registry board of this site as there has been a long discussion on this topic there.

However, I am of the opinion that once a coin is paid for, delivered and the buyer informs me that they are keeping it that the coin should be released from any set that I have control over.

Catbert

For auction or dealer consignments, I promptly delete them from my sets once coins are received. I want the buyer to have no difficulty immediately placing in their sets.

Floridafacelifter

If I sell a coin I remove it the same day I send the coin to the dealer or auction house.

I find it annoying when I buy a coin and can’t add it because it hasn’t been released from someone’s registry. So then you have to send the email- then they often never answer- then you have to send pics of the front and back of the coin with a date stamp- I’m not that inconsiderate and don’t want to cause that hassle for someone else.

winesteven

Like @Catbert and @Floridafacelifter said, when I consign a coin to a dealer or auction house, I mark it as “Sold” once they confirm they received the coin. (Once the coin is actually sold down the road, I then go back to my Sold Registry listings and add in the net I received). This way, if potentially interested buyers look up the cert #, they’ll have peace of mind if they get that coin, they can immediately add it to their Registry set(s). Why chase away a couple of potential bidders/buyers if they fear a hassle/extra work on their part if they buy that coin?

Steve