Coin Entry to a Registry Set.

Fairlaneman

mids1999 Messed up his Registry Set. When is the Correct Time to enter a New Coin ?

1. When You are Looking at it.

2. When you Bid on it.

3. When you Win it.

4. When you Pay for it. (PAY PAL means Immediately)

5. When Seller notifies you its shipped.

6. When Postman leaves Pick Up slip in Mail Box.

7. When you take possession of it.

8. Never because you sent it back.

9. All of the above except #8.

Hey has this ever been answered ? This could help some newer Registry People.

Ken

Fairlaneman

Forgot when I enter the Coin.

Numbers 3,4,5,7,8.......

And thought of #1 when it came to a 16D in high grade.

Ken

remumc

Hi Ken,

I don't enter mine until I have held it in my hand and decided to keep it. At this point I have either paid for it, or I intend to pay for it, as sometimes they are sent on approval. Seems the only proper way to me.

Regards,

Wayne

Fairlaneman

Opps . I'm in trouble then as the new 25D is still in Illinois. Someone Must Slap me for this.

PTVETTER

I really like rule #1
That would save me lots of money

The truth is when I own and have the coin in my grubby hands

LucyBop

I choose not to enter a coin till I have it in my hand........

a2labmom

I vote for after you physically have posession of the coin and decide you are keeping it.

beorn

until you physically pocess it,it isnt yours

python1

I admit, I have entered them right after they were paid for either with funds that cleared, or like paypal. I feel I then own the coin. But this has only happened a few times, like most of you, I generally wait till I see the coin, then decide if its a keeper, then enter it. I guess I am a BAD boy of sorts...ok, you have ten minutes to quit spanking me....

andy007

only in hand and decided to keep it

mids1999

I think PCGS should offer a way to add a coin to your set without adding it to the actual registry such as in my case.

I wanted to see how my set would move when I added the 1992S PR69 DCAM dime.

I added it only to find out that I could not remove it.

Something like a ghost registry where you could add and remove coins at will would be great.
Then have the real one for coins that you really own.

Or allow you to remove coins from your registry set easily so you could play around a little with what if scenereos as long as you didnt keep a coin that is not yours in there over a set time period say an hour or two. The previous owner should be notified when this happens so he can make sure the coin stays in the correct set.

Another thing I would like to see is a setup where as soon as you add a coin the previous owner gets notification and the coin changes from his registry to yours even if the coin was not taken out of his sets. I am sure there are some people selling coins still in sets As in the case that if a collector had died and the person recieving his/her coins did not know they were in a registry set and sold them.

The previous owner should have control as to if the coin can be removed from his registry set or not so that someone could not just enter the number for someone elses coins and use them in their sets.
I think a message to the origional owner and if the owner does not decline the action in a set period of time then the coins are moved.

itsnotjustme

I go with #3 (and payment is usually within hours) unless I think I need to examine the coin before knowing it is a keeper. If I need to examine it, I wait until I hold the coin and decide it is a keeper.

remumc

Ok guys, what's the deal that you can't wait until you have it in your hand, and decide that you want to keep it, before adding it to your registry set. Hey, we're adults here, put a little foam on those competitive fires! Many of us have been collecting for years, what difference is a few days going to make? I don't think it is PCGS's responsiblilty to make us a "what if" program. Now if one of you computer whiz guys wants to develop and market such a program for those that want to play "what if", then by all means do it and sell it to the "what ifer's.

On the other hand, if you have already seen the coin in hand, and know it is a keeper, or you trust the seller and know without a doubt you are going to keep it, or it was so cheap it doesn't matter, then "what the heck". I just want to know what happens when you have registered it and it gets lost in the mail and is never recovered!!!!!


Ken, 20 lashes, Dennis 5 lashes. Why am I doing this? Heck, I like these guys!

Ok, Ken and Dennis, PM me about when an where to get your lashes!

Regards,

Wayne

dpoole

There're no "rules" beyond the fact that you own it. For my own purposes, I also prefer to have it in hand, approved and accepted before entering it in the set. But there's no reason for flogging if you decide you want to enter a coin after you paid for it on PayPal.

tompkins

I personally never enter anything until I receive it and know I'm going to keep it. But any of 3, 4, 5, 6, or 7 seem reasonable to me. I certainly wouldn't enter something if I had merely bid on it. I never enter coins to see what effect it will have (I am NOT faulting anyone here---I have a spreadsheet to do that).

I am a little surprised at what happened to mids1999. I believe that deleting a coin from a set makes it go away completely---of course deleting an entire set may leave it in the alltime, but it doesn't tie up the individual certificate numbers---new owner can enter them. I have many time deleted a single coin (usually by replacing it) and I have never heard of my buyer having a problem entering the coin in his set.

Pete

IrishMike

It would be a moot point on the registry at NGC, they tell you what every coin scores, no need to play around.

python1

Wayne, I am the one entitled to Ken's lashes....

izzy452

I enter a coin when I know its Mine Mine Mine !


Walt

prooflike

One way to see what a coin is worth for a registry:

1. add all the weights for each of the coins in the set, this is TOTAL SET WEIGHT
2. (coin grade * weight)/TOTAL SET WEIGHT = registry points

example: the Morgan Dollar TSW is 435. A 1904-S has a weight of 7 so,

an MS-64 1904-S would be worth (64*7)/435 or 1.029 registry points.

boston

When it's paid for.
I feel that if something happens, at least it is recorded if I can't follow-up on it myself.
Just a flag for my heir.
If I don't want it after receipt, delete and return.

mids1999

what about the cam/dcam bonus points?
How do they work into the equation? (grade * weight / total weight) where does the bonus go?
Thanks
Mike

Glencanyonexplorer

Hey that's it fantasy Registry Set's !!!!!!!