REGISTRY SETS ACROSS THE STREET

TAP444 · February 4, 2003 1:37AM

I have seen A lot of new sets appear across the street
that are here also, is this mass migration new or
am I just slow in noticing it, or buy chance are members
getting more and more tired of the crosover game??
Tim

tradedollarnut · February 4, 2003 1:45AM

I have my sets in both places. I think it's a combination of:

More exposure - it doesn't cost anything to show them to an additional number of people
Different weighting - the weighting scheme is more complex and thus more accurate
Allows NGC coins - don't have to hassle with crossover on those certain coins that are in the "wrong" holder

nwcs · February 4, 2003 1:51AM

I've got them in both. Although I am starting to like NGC's more because of being able to use both NGC and PCGS slabs.

gmarguli · February 4, 2003 2:06AM

I think it is several things:

1) Most true top collections contain both NGC & PCGS coins. You can't showcase those here. You can over there. Which site will have the true top sets?

2) Given what you hear from both dealers and collectors, the crossover game was near death. Perhaps now that PCGS isn't being tight-assed on them we'll see more, but it hurt them and slowed down their registry game.

3) It's new over there and it takes a while for people to learn about their registry and get it going. They are also slowly rolling out new sets, so they keep reaching a wider collector base.

4) From what seems to be stated by a lot of people, the weighting over there is much better.

5) Maybe people here are tired of the thousands of meaningless sets popping up? What's next, a "1962 Year Set for Copper Coins"?

6) NGC top pop coins are really flying in value like their PCGS counterparts. Perhaps the PCGS-only idiots are starting to realize that there are MANY nice coins in NGC slabs and they are now looking at them?

pontiacinf · February 4, 2003 2:13AM

very well said mr mean n evil

tradedollarnut · February 4, 2003 2:14AM

One other factor:

A collector striving to have a true finest set is going to have to have some NGC coins. Why? Because PCGS simply won't give out the top grade so the finest coins tend to migrate to NGC and end up in a 68 or 67 holder. It's absolutely true that in most cases they wouldn't receive that grade at PCGS, but it's also absolutely true that in many cases they are perceptively finer than anything else. So a collector striving for a set that includes all the acknowledged finest coins is going to be faced with the choice of a) participating only at NGC, b) holding duplicate, lower grade PCGS coins or c) downgrading the finest coin from an NGC 68 to a PCGS 67 (for example). ALL OF THESE OPTIONS SUCK BIGTIME!

The simple solution is for PCGS to start the Registry Grade program for coins that won't cross. Until they do, more and more collectors are going to migrate to the NGC Registry because ALL OF THOSE OPTIONS SUCK BIGTIME!

Android · February 4, 2003 2:15AM

I have both of mine in the NGC registry because I don't want to play crossover.

Andy

Coin Finder · February 4, 2003 2:38AM

Can some link up the NGC Registry web page here??

Thanks

Tbig

EVillageProwler · February 4, 2003 2:40AM

Crossover? What's crossover? I don't play no stinkin' crossover!

EVP

Twowood · February 4, 2003 2:56AM

LINK

Follow this to the Registry......Twowood

tradedollarnut · February 4, 2003 3:10AM

Fixed Link

onlyroosies · February 4, 2003 3:11AM

Do you think PCGS would give me these grades, My NGC Registry Set Not a chance!!. I think most of the high grade pretty toned and monster toned coins go to NGC.

tradedollarnut · February 4, 2003 3:15AM

That's my point: The highest grade coins gravitate toward NGC because they will get the higher grade. In order to truly have the finest set, you have to buy those NGC coins because, in most cases, they are perceptively better than a lower graded coin at PCGS. [Granted, they may not be a full grade better, but they are better nonetheless]. Then you are faced with those three ugly choices I stated earlier!

TAP444 · February 4, 2003 3:17AM

TDN,
I belive you have a very valid pt, I wonder if anyone at pcgs gives a hoot
about any of the above mentioned reasons
Tim

tradedollarnut · February 4, 2003 3:26AM

What is the Registry Grade program, you might ask! It is a new program to be offered by PCGS for coins in other company's holders that don't cross [when submitted for the paid crossover review]. For an additional fee, PCGS will attach a sticker with an assigned PCGS grade that is only valid for Registry use [ie: no grade guarantee]. The collector may then utilize the cert number on the sticker [which is cross referenced to the holder's cert number so stickers can't be switched] to participate in the PCGS Set Registry.

The advantages: This program will encourage more collectors to participate in the Set Registry. The playing field will still be level as the coins will have been assigned a PCGS grade. A new stream of revenue for PCGS will be created from coins being submitted for this service from collectors who have tired of the crossover game.

Who knows, perhaps the sets on the Registry will in time truly be "the finest sets of all time"?

BillJones · February 4, 2003 3:31AM

I have registered my type set of old silver commemorative coins over there, and I am in the process of doing the same with my type sets. I would never bother with the registry here because of the PCGS only requirement. There are some coins that I had to put in NGC holders because they certify coins by die variety, and I have some rare pieces in that regard. I also flatly refuse to play the cross over game. I want as much of my collector money to be in coins, not holders. I’m not going to worry about what PCGS thinks of my coins or if they want to dump on me because I am not 100% loyal to their product.

I’ll never be among the top guys because I usually don’t buy MS and PR 66 and better coins for my own collection. I buy the coins I like at prices that suit me. I’ll also never spend the money on cheap coins in slabs so that I can add them to a registry list. It’s interesting to compare notes, and it’s also interesting to see other people’s coins. But I know my place in life, and it’s not at the top of a registry.

I urge those who do join a registry to post pictures and descriptions. Just listing coins and grades is pretty boring and sterile

wallstreetman · February 4, 2003 3:32AM

<< <i>Do you think PCGS would give me these grades, My NGC Registry Set Not a chance!!. I think most of the high grade pretty toned and monster toned coins go to NGC. >>

No, definitely not! I hope they dont, I wouldnt want the value of my PCGS coins to sink!

wallstreetman · February 4, 2003 3:35AM

I cant believe you dont have any 70s in there!

IrishMike · February 4, 2003 5:00AM

All good reasons to register sets there, except no one has mentioned the best reason to register there.

The number one reason: drum roll!!!!

NO Wallstreetman over there to pollute the place.

lincolnSence · February 4, 2003 5:02AM

I too loaded my Lincoln set to take advantage of the fact that I have some high graded NGC specimens. If they cross, then I will cross them. If not, no worry, I like the coins I purchased. I will hopefully over time complete sets in both places. BOTH registries are deficient in that they BOTH stink when it comes to varieties. This is my strength anyway in the series and I anxiously wait till someone wakes up and makes it worth my time to add specimens. Until then, I continue to enjoy them myself.

TAP444 · February 4, 2003 5:04AM

I think each and every pt offered
by Greg is very true, is there a way to
see the total number of sets on the ngc site??
it might be interesting to compare to 2 as ngc continues to grow
Tim

EVillageProwler · February 4, 2003 5:10AM

The bio-diversity over here is much greater. Here, we have ostriches, trolls, a Bear, Maine Coons, several Labrador Retrievers as well as people.

Over there, I've yet to see any cats, bears or ostriches. The place across the street does get the occasional troll, but by and large the park ranger is pretty vigilant! The last time a troll tried to pi$$, the game warden shot him dead a few hours later! It seems, however, that that troll has the power of reincarnation...

The life forms here seem to rage much more. Across the street, the life forms seem more mellow to the point of being dormant -- like bears in wintertime! Perhaps an ostrich or two might cause the others to shake off their slumber!

EVP

tradedollarnut · February 4, 2003 9:02AM

There is a poll posted by BJ in the Set Registry Forum about whether or not to allow my concept of Registry Grades. Please vote .....yes, and vote often!

wallstreetman · February 4, 2003 9:08AM

Ok Mike, you talked me into coming over!

ClausUrch · February 4, 2003 9:12AM

I think I'll stick with PCGS. Their MS70 (Modern Commemoratives, anyway) have the same weight in the NGC Registry but the market value of NGC MS70 coins is usually less than 1/2 that of PCGS. Ponder this...Should NGC allow ICG in their Registry???

REGISTRY SETS ACROSS THE STREET

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