REAL best set (Was #1 registry set for sale)
barrytrot
Posts: 759 ✭
I was checking out that eBay #1 registry set and it is very nice.
However, in perusing the Population charts it looks like there certainly could be a MUCH better set.
That led me to the question:
How frequently is the TRUE best set even a PCGS registry set at all?
I mean based on the fact that many of the set types have less than 10 participants I imagine that the TRUE best one out these is frequently not in the registry.
Am I right? If so, my desire to get a top registry set isn't nearly as high, of course, although its still fun
However, in perusing the Population charts it looks like there certainly could be a MUCH better set.
That led me to the question:
How frequently is the TRUE best set even a PCGS registry set at all?
I mean based on the fact that many of the set types have less than 10 participants I imagine that the TRUE best one out these is frequently not in the registry.
Am I right? If so, my desire to get a top registry set isn't nearly as high, of course, although its still fun
0
Comments
Everyone is well aware that better coins can and do at times exist and that better sets can and do exist outside of the registry.
It is just a registry game and ranking.
The only thing necessary for evil to triumph is for good men to do nothing.
<< <i>How frequently is the TRUE best set even a PCGS registry set at all? >>
If your criteria is the pop reports for PCGS graded coins, the number #1 in proof Kennedy's is a true best set, since he has the only 1969 ever graded in PR70DCAM.
EDIT: And the only 2000 silver in PR70DCAM.
Russ, NCNE
Couldn't agree with Ken more. With the possible exception of the Trade Dollar set and the 3CN sets. A perfect example is my Mercury #1 set. I'm not stupid enough to believe that a set with a 16-D in 62 could possibly be the best set. It is just the best set that is CURRENTLY registered at this time and it is a nice set that I am proud of.
Jon
you are correct.....there are monsters out there who will play eventually....but not until its a lock.........then the # 1 guy either gets chasing or says to all the unknowing " well .....my set is # 1 in the registry"......but he might not say that to one who knows...now would he
later
gregg
out of rockets ...out of bullets...switching to harsh language
Greg
Jon Your Set is #1 in the Merc Guys Hearts. And thats a Fact.... Jack !!
Thanks Greg and Ken. I guess I am #1. But there are some guys nipping at my heels. Nice bunch of guys though.
Jon
Coppernicus
Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!
The set registry measures the best sets not the best collections. The registry rewards completeness and the PCGS grade. Other perhaps more expensive collections might not be complete, and might include NGC or other coins.
For example, I have the current #2 Lib 5c set. I know of two better collections in existence besides the current #1 set. Both of those collections are incomplete and contain NGC pieces. I would certainly trade my collection for either of those collections. Yet as a set mine is better. Why?, because it is complete. A set registry should not be confused with a collection registry. My guess, in most cases is that the set registry contains the best sets of PCGS coins.
Now some will argue that there are better sets, but that they are mixed, PCGS and other services coins, and that those in fact are better. To that I say nonsense. NGC and other service's coins do not compare in market stature (the only measure that counts in my view). Let those who believe they have the coins get them crossed. They tried and they can't, they don't have the coins. Now listen to them hoot, holler, hiss, and spit and say that NGC pieces are just as good. Again, nonsense. Cross them if you can, if not quiet. I own some great, in my opinion, NGC coins. I have tried to cross them many times. I have offered serious dealers who love the coins serious money if they can get them crossed. In all cases, no success. Despite what I think, they don't meet the grade. Simple as that. My view is that NGC, IGC, et all are just tools dealers use to try and get one grade higher so they can ask more for the same coin. Many times dealers have tried to sell me NGC pieces which they claim are just as good as PCGS. Each time I have offered to pay 10% more and grading fees if they can cross them to PCGS holder before I buy them. So far I haven't had to make good on one yet.
Finally, there are probably some magnificent PCGS complete sets that are not submitted. But the allure of the registry is so great, that I bet there are very few in this catagory.
So, if the registry says #1, pretty good chance it is #1.
Greg
Greg,
Why are there only 5-8 sets registered in this series? The pop numbers show that many high grade,
near complete sets can exist. And take in the fact that hundreds of collections exist in NGC and ANACS
slabs. And how many raw sets exist. Practically every date has been minted in the millions and PCGS has graded only 20-100+ in any given grade for the exception of a few pop 1 coins. The percentage of high-grade liberty nickels that have passed through the PCGS grading system is very low, say 1% of 1% of 1% and so on. Before the PCGS registry set began, there were many great collections already in existence. Not every collection or collector has jumped on this bandwagon. The PCGS registry caters to only 5-8 collections that are 60 to 100 percent complete. Here's my point. I collect the FS Jefferson nickels and if Frank Corso (the owner of the #1 PCGS FS Jefferson collection) and I got together or better yet if it were arrange where several FS collectors got together to spread out their wares, what do you think would happen? First every one would acknowledge that there were not one but several great collections there and that every collection would have coins that the other collectors would desire. And at the conclusion of such an event everyone may conclude who has the best set. But if that were to be the case that would certainly not be the highlight of the day. The PCGS registry would be the last thing on anyone’s mind.
Well, I've decided not to go on any more about this. Enjoy your collection and the hobby. You have your reasons for your way of thinking and that's OK. The majority of collectors don't have the financial ability to certify a coin at $30 a crack. So maybe your title should read along those lines.
I, Greg Typetone, who is financially well off enough to be able to afford $30 per coin certification fees, is the proud owner of the #2 PCGS registry Liberty nickel collection WITHIN the PCGS registry contest.
That's the way it should read because everyone doesn't participate. Why are there so many collectors who have their names listed in the registry standings but yet, they have very few coins listed in their sets? The reason is, as soon as they have had a coin or two bodybagged at $30 each, they have realized that they can not afford to continue to do so and so they have quit the game, adding to their sets.
Now listen to them hoot, holler, hiss, and spit
I'm not in this category and those who are, are taking it out of perspective. And those who are in the PCGS registry should keep it in it's perspective.
No hard feelings here as my opinions only express my views from my perspective.
I don't have a PCGS registry set but I do buy a PCGS slab every once and awhile. Personally, I
like discussing the topics and seeing pics of very nice coins.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Leo,
I kind of take exception to your implying we think we are above other collectors since we can afford to pay $30 a coin for grading. First of all I buy almost all of my coins already slabbed. I have made 2 Mercs that I can think of. And secondly most coins in the registry are worth enough that the $30 isn't that much for the coin. And if there are people out there with coins better than ours they certainly could afford to have them graded based on what they would have had to pay for these better coins.
In closing I don't under stand your logic at all.
Jon
Hi Jon
Are you saying coins fetched the same money 10-15 years ago as they're fetching today?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Leo
Actually 10-15 years ago was about the time that prices reached a high that hasn't been reached since. Actually high grade coins are about half of what they were then. Some less than that.
And if you paid 125,000 for a nickel from the 50's, why are we having this conversation.
Jon
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Of course Merc prices have gone up in the last few years, but as I stated they are not to were they were back in the boom years when the investers got in and forced prices up to where a common date Morgan in 65 was 200-300 or more.
That is all I was saying.
Jon
Registry 1909-1958 Proof Lincolns
Coppernicus - Is D. Poole a friend of yours ? Can you tell me Where is the BEEF in his collection ? Have you looked at the beef in Tom Mershon"s collection ? The # 2 set registry
If you know D. Poole, tell him to step up to the plate ! UPGRADE
There is also a SPECTACULAR unregistered Lincoln cent
collection
Stewart
<< <i>Greg, Why are there only 5-8 sets registered in this series? The pop numbers show that many high grade, near complete sets can exist. >>
AHHH their could but don't forget about us type collectors. I own two PCGS MS66 Liberty Nickels and I am only one type collector. How many more out there are keeping these high grade coins out of the hands of the series collectors?
The only thing necessary for evil to triumph is for good men to do nothing.
I have no doubt that Stewart Blay's Registry sets are NOT #1
I don't believe I've ever heard anyone else tell me that about my early Lincolns.Is there any foundation to this statement ? I believe you once had a coin that I tried to get.........but could not afford.I'm very interested to know where you're coming from
Stewart Blay
Is that a high price for a coin with a pop of 209? There are 60 MS67FB and 3 68's but yet there are only 7 maybe 10 serious collections going on in that series.
Come on Leo you remember this dont you.
Up until this thread, I didn't know who had the top merc registry sets. Where they certifying FB Mercury dimes back then? PCGS was just getting started about then. But I'm sure there were FB Mercs then as there were FS Jeffersons but who was recognizing them? FB Merc Clubs?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
See ya,
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Wow I hope the Merc folks do not read your statement. In My year here there has been activity in all of the Merc Sets except one. In the last year the Registry has more than doubled with entries. We cannot say there are only that many serious sets as many of the folks have just started. Some very impressive starts have been made in a Series that you just do not click on Ebay and find all of your coins.
As for the 39P. It is a very overrated and overpriced issue within the Series. For Me it is on the back burner or will be purchased if a Killer Deal comes along only. Something like the 29P I purchased this morning for $70 under Gray Sheet Ask. No sense throwing Good Money after Bad Money as the Saying goes. Get the Keys and then do the Up-Grades if a person wants.
Ken
Leo
Ken nailed that one. Why should I spend money on a 39-P in 66FB when I have one in 65FB? I have other holes to fill.
When my set is complete I will probably go back and do some upgrading, but for now I have other coins I want and need more.
Jon
Ken
I couldn't agree with you more. But waiting to buy those keys are few and far between the common dates that can be added to the set. But not at those prices with the high pops they have. Also noted a 1944-D in MS67FB with a BIN of $70-$80 but wow, there are almost 600 graded at that level. On further note, I've noticed for the 1920 there is only one non FB
MS66 coin. Compare that to the 129 MS 66 graded with full bands. You would think it would fetch a higher price then a full band example but for a non FB collection.
And if you paid 125,000 for a nickel from the 50's,
Jon
The lofty tag is simply another way to say, it's not for sale.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
If the #1 Mercury Dime Set that is now on the PCGS Registry was to be put up For Sale IMO it would be for sure the Best Set in existance. I see no way how any other Set could out do this Pristine Set that has been built. Earlier I stated that I believed a couple of the Registry Sets were the Best and this Merc Set is one of them. I suppose somewhere down the road it will be displaced as a couple of the other collectors are also building pristine sets.
Leo:
You have pointed out exactly why I am in no rush to put MS67 late date coins into the set I am building. The 44D with the Pop like that, if it is that I have not checked, also still has the potential to go much higher as Original Rolls of that date still exist. Population potential is one of the factors I use when a Dime is purchased.
Earlier you stated that only 7 to 10 Sets appeared to be Serious Sets. I responded to that but forgot one factor that some of the Folks use when buying thier coins and may contribute to your perception that they are not serious. Many of the Merc Collectors have set goals within thier Set. These Goals pertain to the Color of the Coin, the Strike of the Coin, the Grade of the Coin and of course the Cost. What I am saying is that just because a certain coin is available it does not mean it is correct for the Set a person is Assembling. Some of the Folks look long and hard before they find the Just Right Coin for thier Set. Many could go out and add just anything but the Restraint shown by them is a sight to admire IMO.
Ken
You have a great Mercury set. I spent an hour or so checking your pics out. At first, I thought coins graded MS63 and 64 would look scuffy or nicked up for the grade but your coins don't have all that,
at least I didn't see that from the pics. I don't pay too much attention to every series, maybe I should,
time doesn't really allow for it in my case. So my questions may have sounded a bit uneducated. But for the dimes you collect, from your pics, there is a great deal of detail that caught my eye on your Mercury dimes. Do you consider any of the pics you have up to have an early die state strike?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Coppernicus - first I must agree that Mr Blay's set is untouchable. I have done the math and it is impossible for anyone to surpass this collection given the remaining material available. In fact both Tom and High desert both have awesome sets as well. I mean really awesome!!!!! Have you studied Tom's pop higher catagory? Awesome. As for Mr. Poole, I have enjoyed his photographs and want to commend him on his accomplishments as well (I wish the photography technology were simple for everyone so more sets could be displayed). However, there seems to be a dark cloud on his registry horizon. The only way to toppel Mr. Blay's set is to have all new early date coins graded for the first time. Upgrades will not surfice. It must be extremely frustrating for Tom too as I'm sure he realizes this. I do however, look forward to the day that these potentially "new" coins enter the market - god help us all on the prices they will command.
Howie