Hidden coins

Sealyp

For the life of me I can't figure out why some folks keep the registry coins hidden from view. On more than one registry listing, the number one set can not be viewed. I would like to see just what kind of collection these folks have built. I know I can see the GPA, but it just dosn't do alot for me. Can some of you people with the sets closed for viewing explain the reason?

mrpaseo

Funny you should mention the number 1, this is the ONLY set I would understand being covered. If it was uncovered, the number two would know which coin they needed to take the number one spot. The rest of the sets...It's them I do not understand.

Ray

sonofagunk

Ray almost agree with you, but only in the Lincolns where you have the 81st best set :>

Truthfully I can see for the VERY top sets where they are fighting over pop 1 coins, but that 81st best set bothers me.

Hoytogle

I recently bought some coins from a dealer and as we were talking on the phone he was saying I see your set is at this and with this coin it will put you here. So I think it puts the buyer in a bad spot for trying to get the best price on a coin if he knows you need it for your set.

mrpaseo

OK, you got me on that one...Number 81 is hidden...lol. I have NO clue...lol

Ray and cat....and a few Ants...Damn red ants!

Sealyp

Well I GUESS a dealer could do that to you (personally I'd get another dealer), but just knowing you were building a registry set would do the same anyway. From what I am reading here though, I get the impression that the people who have the viewing diabled, are collecting slabs for the registry, not the coins for a collection. Most of the views are to keep someone from gaining on them. Myself, If I find an upgrade that I can get (and afford) I'm getting it. Don't really matter if it puts me above the next person (all the better if it does). Now don't get me wrong, you can't view all of my collections, as there are many I don't have in the registry, but the ones that I do, go ahead, see what I got and if you got one better, then show me, (and take some pics if they are REALY nice!) But to each his/her own.

lincolnSence

Sealyp - there is another assumption you might not have thought of. Lets say you are competing for top honors and the coins you need are rare enough that all the top players know about a coin when it becomes available. If these top players realize you are looking for this coin (because your registry is viewable) you might pay alot more for the piece just to acquire it. Make Cents?

RELLA

A few months ago the OnRutton set appeared with a sparkling 1%...and it was hidden. Now it is in 13th place (and headed for a top 5 position by the end of the year IMO). Who knows when an existing set could take off and it could matter whether others know what it contains? I myself have one of those bottom-feeding Lincoln sets, and if anyone thinks that I'm just poking around at the bottom of the pile with no chance of making a major move they need to take a closer look at what I am selling rather than keeping and ask, "what the heck is he keeping"? In fact it would not suprise me if SOG's statement was made in order to compell me to post a response. (I'm not in 81st place)

RELLA

P.S. The whole "what am I keeping on hand" righteous indignation statement was made with my tongue firmly implanted in my cheek.

edited to correct (some, quite probably not all) stupid spelling errors.

Typetone

Hoytogle:

Get a new dealer. Any dealer I seriously work with already knows what I need and what I am looking for and is out trying to find them. Once in a while I get an unsolicited call from a dealer hoping to sell a coin they think I am looking for based on the registry list. Haven't bought one like that yet. If you know the important dealers in your collecting area, you already know who can find that key piece for you. Others are mostly talk.

For example, in IKEs, there are very few coins in existence that can improve my set in the way I am looking to improve it. There are no more than 2 or 3 dealers out there who have any chance of getting one. Hopefully I get the first call if one becomes available. There are many dealers who sell IKEs. There is almost no chance they will have a piece I want. How do I know? Because if someone was selling a key piece they would probably only sell to or through one of the lead dealers. Who else would offer any IKE at $5,000 plus.

This of course only applies to top sets looking for the one or two remaining keys.

Greg

lincolnSence

Rella - don't think your comment about "what is he keeping" went un-noticed. When I saw the recent coins you had for sale that is exactly what I said to myself!

USPICoinEnthusiast

Dear Hoytogle:

I think you put your finger on it: If one of the top sets in a competitive series posts his set openly, the cost of acquiring upgrades rises dramatically. Just exactly the way you put it. A dealer writes to you with an upgrade that can move you from 4 to 2, only he's charging thirteen big ones instead of nine because he knows the impact it will have on your registry set. So what does a collector do? Fork over the extra four thousand -- or pass it by?

DAM

USPICoinEnt.,

...only he's charging thirteen big ones instead of nine because he knows the impact it will have on your registry set.

Does this really happen?

I didn't think gouging was allowed in the hobby of coin collecting.