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Why would PCGS create a registry set that includes two unique coins?

boiler78boiler78 Posts: 3,060 ✭✭✭✭✭
in PCGS Set Registry Forum
I see where PCGS has a registry set that includes the unique J-1776 pattern double eagle and the 1933 double eagle. Why would PCGS create a set that could only be completed by one person? You don't suppose the guy that bought the 1933 has quietly purchased the J-1776 and has now decided to complete the rest of the set. Is it time to buy those pop 1 Saints before the big move up?image

Comments

  • Steve27Steve27 Posts: 13,274 ✭✭✭
    "Why would PCGS create a registry set that includes two unique coins?" because they can.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    It would keep me from participating...list it as a NC (non-collectable) like the large cent folks do for rare varieties and make it optional.

    How many specimens should exist before it's included - 10? 15?

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • keithdagenkeithdagen Posts: 2,025 ✭
    PCGS does stuff like this often. There are many large cent varieties included in the Registry for which PCGS has never graded an example. image
    Keith ™

  • braddickbraddick Posts: 24,148 ✭✭✭✭✭
    That places everyone on an equal footing. Well, until the owner of that Pop One coin steps up...!

    peacockcoins

  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    I believe the magic number is five ( 5 ) coins graded before a coin will be on the registry

    In the case of the 1933 twenty David Hall is hoping the owner of the coin will have PCGS grade it ms 65 and put it on the set registry for ALL to see imageimage

    stewart
  • goose3goose3 Posts: 11,471 ✭✭✭
    Stewart,
    do you truly feel that coin is worthy of MS65? Just curious.
  • boiler78boiler78 Posts: 3,060 ✭✭✭✭✭
    Stewart
    What about including the unique J-1776 double eagle pattern in the set? This is the first instance (that I am aware of) where a true pattern has been included as a competitive entry in a registry set.
  • JJacksJJacks Posts: 759 ✭

    I'm kind of surprised PCGS doesn't have a set for Liberty Capped Bust halfs. Even though many of these coins are in other companies slabs, there are certainly alot of nice ones in PCGS slabs as well. It would make more sense then making a set that basically no-one will ever use!

    JJacks

    Always buying music cards of artists I like! PSA or raw! Esp want PSA 10s 1991 Musicards Marx, Elton, Bryan Adams, etc. And 92/93 Country Gold AJ, Clint Black, Tim McGraw PSA 10s
  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    gOOSE 3 - I graded the coin ms 64 ...BUT did the AU Eliasberg deserve ms 65 ? .....anyway We collect copper

    Boiler 78 - Ask David Hall......and good luck in getting a straight answer


    Stewart
  • keojkeoj Posts: 980 ✭✭✭
    Okay, so contrast this thread with BJ's request for what the cut off point should be for a variety inclusion in a set. Anyone else find this a little ironical (yes, I know its not a real word)?

    keoj
  • BJBJ Posts: 393 mod
    keoj - Do you consider the $20 Saint set w/1933 & patterns a variety set? I don't really view the 1933 and the pattern as $20 Saint varieties. But perhaps I need the term "variety" defined. Help me out here.
    BJ Searls
    bsearls@collectors.com
    Set Registry & Special Projects Director
    PCGS (coins) www.pcgs.com
    PSA (cards & tickets) www.psacard.com
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    Perhaps by including it in the registry, they'll smoke out the remaining specimens....image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    BJ - I believe Keoj used the word variety when he meant Pattern

    A Pattern is a design for a possible regular issue coin

    A variety is a slight change in design from the regular issue design
    ie double die,large date vs small date,open 3 vs closed 3 etc.

    The 1933 is a non released regular mint issue......except one coin

    Is the addition of a pattern,the J 1776, going to start a pattern of including patterns in registry sets?

    Stewart
  • KeyrockKeyrock Posts: 961 ✭
    Going back to the variety poll, I still believe a minimum of 5 or 10 (as Stewart mentioned) needs to be certified before it is included. A unique coins in any series is almost commical IMHO
  • keojkeoj Posts: 980 ✭✭✭
    BJ:

    Sorry, I tried to make a point and missed. I'll try again. I know that the 1933 is not a pattern, but it is for all purposes, an "non-collectable" coin (so far a pop of 1). Yet, PCGS has chosen to devote a Registry set to this coin? On the other side, many folks have varieties that PCGS have attributed (whether its a pop of 1, 5, 10 or more) and we (variety collectors) can't get them included. It just seems a little inconsistent. Hope this helps.

    keoj

  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    Keoj

    Are you aware that there are more 1933 twenty dollar gold pieces trying to get legitimized ?
    Stewart
  • MarkMark Posts: 3,542 ✭✭✭✭✭
    Stewart:

    Though Keoj might be aware, I was unaware that there are other 1933 $20 gold pieces whose owners are trying to legalize them. I guessed that if there are other 1933 $20 gold pieces, their owners were laying low. Have any of these other owners filed suit? Or, more generally, what is the status of their attempts?

    Thanks in advance for the information.

    Mark
    Mark


  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    Since these are the "Finest PCGS Certified Coin Regitries" ( and PCGS Slabbed Coins Only ) how can they include a coin that is not in a PCGS slab? The 1933 Saint or any other coin that does not have any certified and slabbed by PCGS should not be included.
    Bill

    image

    09/07/2006
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    I thought the J-1776 Indian Head $20 pattern was in the Smithsonian? Can the Fed list a Registry set too?

    roadrunnerimage
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • boiler78boiler78 Posts: 3,060 ✭✭✭✭✭
    According to Pollock the 1776 was last sold in 1984 for 467,500 and resides in a Connecticut collection. Bet it would bring a lot more today!
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    According to an article I just read in one of the coin magazines, Parrino states he offered $5,000,000 for J-1776 and was turned down flat!
    Early Dollar Set
  • boiler78boiler78 Posts: 3,060 ✭✭✭✭✭
    TDN
    You don't suppose the guy that bought the 33 has already bought the 1776?
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