WHY DO YOU HAVE YOUR COINS IN THE PCGS REGISTRY?

Steve

I am asking this question to see what motivates over 2,000 of us collectors to enter our coins in these registries. For me, it is the opportunity to "show off" my average collection of Lincoln cents. I also enjoy looking at other peoples sets. I suspect that some of you enjoy the competition to try to be #1, and that is fine too. It would be fun to hear your thoughts. Steve

Russ

Because I collect plastic and care only about the grade on the label and not the coin.

Russ, NCNE

Numismanic

<< <i>Because I collect plastic and care only about the grade on the label and not the coin. >>






For me it's the thrill of total domination!

Windycity

For me, I love coins but they sit in the safe box. Through the registry, I can share my coins with others and see their sets as well.

LucyBop

theres a Registry?

merz2

Steve
You and I have discussed this before,but for those that don't know me.
I like to see how my "meager sets" stack up to others.I am not trying to be #1.I made most of my coins looking at a lot of Lincoln Proofs.I have purchased a few of mine,but most were made by me.I have also met many other collectors through the Registry.I have helped some of them and in turn have been helped by some of them.This in itself would make it enjoyable for me.

Stooge

All of the above!

Plus getting to meet great people in the process!

Also, I am very boring and have nothing else better to do!

Later, Paul.

foodude

First, I wanted to see how my set stacked up (at least on paper, and with the particualr critieria selected by PCGS).

Second, it was a nice way to keep track of what was in the set (i.e., a nice web page and print out).

Third, it was a nice way for others to see what was in the set (I recall many years ago when I was in a coin club, that people would bring their sets to show what was in it).

Fourth, it was a way to acknowledge where the coins came from, and give credit to the people that helped put them in the set. With mine one person, gets lots of credit (LucyBop), as many of the coins (including some real stunners) came from her.

haletj

Because the registry is there. Why not?

raycyca

Another reason is if they get stolen, there's a better possibility of recovery. Also, if they get stolen, you can print out a list of the coins and give it to the insurance company along with a print out of the coin values. Plus it's a nice way to meet nice people!

fcloud

I do it to give the people who don't like it something to complain about!

Waldo

The registry has renewed my desire to collect coins. Part competition, part ego. Not to mention the fact I just like to buy things...

Fairlaneman

Only to build my ego up plus a coin that is in any other holder is no good at all. Oh yea I like to make the people below me feel like dog poo because their collection is very inferior (sp) to mine.

This is said with a straight face...

Ken

ccrdragon

Because it is the perfect virtual coin book/folder - I can view it any time, day or nght from anywhere and know what I have and what I am looking for to complete a set.

Steve

Thanks for the comments so far. Another thought I had about the PCGS registry. Do you get any extra enjoyment from having PCGS put the coin series and coin number on the label? For me, it is enjoyable to "fill in" all the numbers in my proof set. Steve

Zerbe

Because their not good enough for the NGC Registry !!!
Just joking.
It was fun and exciting at first, but right now it is just a ' parking lot '
for my coins. I guess I may be suffering from what Orville called, Registry Burnout.
Good luck to future set builders, just examine and evaluate carefully, all of the hype that comes with the Registry. Being in the top 5 'best sets ' is really not that big of a deal. It may be on this website, but to the rest of the world it is pretty much unknown.
Buying the best coins you can afford and enjoy is more important than falling into a registry race to really nowhere.
Having said that:
If you feel the need to put together a collection of coins and it ranks as #1 or even #48, then it is a good place to inventory and display your efforts. Thats all it really is !!!!

Actually the best aspect of the Registry is not the coins. I have enjoyed the people I have met, ( just PMS mostly, but important, and actually meeting in person fellow registry participants at coin shows. )

DAM

Build it and they will come. Almost 10,000 sets so far.

I've been a part of the Registry since it's beginning. My reasons for participating are like most of the other's. First I wanted to allow others to see what I had. Second, I wanted to see how my sets compared to other collector's.

I am the only coin collector in my family. So talking about coins doesn't last too long at family functions. I have a lady friend that enjoys listening to me (so she says ). She also enjoys looking at the coins and going to shows and auctions. That's a plus!!!!!!

I don't travel to big shows much, but have met a few members from some of the local shows I've attended and through phone and email converstations.

DAM

<< <i>Being in the top 5 'best sets' is really not that big of a deal. It may be on this website, but to the rest of the world it is pretty much unknown. >>




<< <i>Buying the best coins you can afford and enjoy is more important than falling into a registry race to really nowhere >>



Not to mention how many take into account the large number of sets that aren't listed that might be in the top 5 "Registry wide". Not many, I think.

Outta sight, outta mind. If they're not listed here do they exist?

cosmicdebris

It made some coins worth a lot more money.

Zerbe

MJPHELAN

I just registered my first set (Jeffersons). I really admire the great collections listed there and the terrific people who have put them together. I guess it makes me feel like I am now a part of the collecting excitement.

Mark

Colorfulcoins

Good question........have been asking myself that one too!

docday2003

Here's a reason no one else listed...for the non-US registry, registering your coins give you access to population data that is unavailable anywhere else.

skate4357

I collect plastic too as I upgrade I compare the lower grade to the Higher one. I also keep the too grades if the Example I just bought looks like a lower example than what I have. My 67 is nicer than the 68 I just bought so when I meet David Hall I am going to ask him to look at the 68 and if he agrees it is a 68 I am going to ask that my 67 be moved into a 69 holder. Wow I think this is fair.
What do you think?????????
Sorry just venting. I do however notice that I do recieve the right grades in economy service. The 68 I just bought for 100.00 is a 66 at best. My 67 is really a 67. I will keep the 68 in my Registry just because. (I paid 100.00 for)
In closing my thought is when reaching 100% of a Registry PCGS should review the complete set (at a fee of course 2-3 dollars per coin) to determine if in fact no errors have been made Up or Down this would really make the Registry a Registry on a Final review. Also allowing only 1 slab # to be used in 1 registry set so us YN's can get the atta-boys we deserve.
Thanks PCGS I am having a blast as a YN competing with the Big Dogs.
See you in Las Vegas
Isn't collecting fun.
Mike
M.E. Stewart Collection

Kriek

<< <i>Part competition, part ego. >>



Precisely.

Typetone

1. Registries help to organize a collection in a way that other people are doing as well.

2. Meet others who are collecting the same series.

3. Help keep track of coins.

4. Competition

5. An easy way to post coin images.

For example, I really like to collect type. But, there are so many variations of type set collecting, that its hard to organize in a logical way on my own. I am looking forward to the new type set registries. Once created, I will probably pick one or two and organize my collection in that way.

Greg

Lakesammman

Just for the fun of it. My goals are the same as they were in 1995 and aren't influenced by the registry. Unfortunately, the price I'm having to pay currently IS!

Fairlaneman

I notice that price has been mentioned witin this thread a couple of times. Do you think the Registry has influenced the price rise or is it the influx of newer collectors that have been entering the Hobby that has influenced the price increases ?

I think its newer collectors that have discovered the hobby because of the State Quarter program. Newbie buying at any price just because they must have the coin right now. Down the road they will learn a lesson or two.

By the way my first post was sarcasm at my finest or maybe worst.

Ken

merz2

Fairlaneman
I believe the price rise is only partly due to the new collectors.I have mentioned that I purchased a couple of mine at prices way over normal prices,just so I'd have them in the grade I wanted.The 1954 PR68 RD in my collection for instance.I tried at least (2) dozen times to make one,without success.I finally just bought it to have in my set.The 1958 PR69 RD was made by a fellow board member and offered to me.I bought it to have a pop 1 coin in my Registry Set.As a pop 1 it was well worth the money I spent to own it.There are some who'd say I paid to much for it.

Coppernicus

For me, it helps me keep organized and I do like to see how my set stacks up against others (Lincoln 09-58 business strikes, no varieties). I knew when I started the set I would never make the top 10 or even the top 20. Who cares? I like to look at other sets and go, "Oooohhh, he just added a '19-D in 65RD." - It helps keep me interested.

I also like to look at Stewart's, Tom's, etc. and just gape at the pops and view the pics when available. Stewart's '19-P in 69RD has been my desktop background ever since I saw the pic. That coin is inspiring to me, as a die-hard wheat fan!

Mike

Cocoinut

I think Greg (Typetone) and I share many of the same reasons for participating in the Registry, but I would add one.

1. It provides an incentive to actually complete a set. Since the advent of certified coins, I had collected haphazardly, and had assembled a good accumulation of coins, but very few complete sets. The Registry is a lot like having the coin albums of years past, and fuels the desire to complete sets.

2. Keeping track of what is owned is a great benefit, not only to ourselves, but to our heirs.

3. A good way to store and organize images. I wish I could keep my coins at home to study and enjoy them, but for security reasons they're kept at the bank, unless I'm taking photographs. I also like to let others see my coins, and view the photos others have posted.

4. To communicate with others interested in the same series

5. Ego and competition are factors, but I don't expect to be #1. I'll leave that to others with deeper pockets.

Speaking of deep pockets - someone had asked earlier if the Registry had an effect on prices. IMO, it definitely HAS. I saw a good example of this today, when there was a 1954-D Lincoln in MS67RD on eBay. The price when I viewed it was almost $900. Last week I bought the same date in MS66RD for less than $25, and I think it's equal to some of the MS67's I have of other dates. Is it worth $875 to pay for an opinion of a grade that could change, depending on whether the grader was having a "good" or "bad" day, or if grading standards shift slightly? Not to me, but there were several bidders that wanted it badly enough to take it that high. My guess is that they were Registry participants, but it could have been someone else who just has to have the best. Keep in mind that there are still hundreds, if not thousands, of rolls of 1954-D cents that have not been searched. The pops are certain to increase; what will happen to the price?

Jim

Coppernicus

Great points Cocoinut - especially the idea of getting to know others with the same interest. I have emailed other "Lincoln Heads", bought from some, and sold to others. All becuase of the Registry.

On the 54-D: the pop is 30/0 in 67 so I can see why the price goes through the roof when one goes on the block. However, I'm not biting because you're right, there are more of these lurking out there, either in rolls or high-end raw sets. They'll always be "scarce" IMHO, but not rare. Ditto for the '54-P, '49-P, etc. in 66 which have gone crazy lately.

Mike

mozeppa

If you think about it........ its a virtual "on line" check off list.

a record of what you have and don't have.

Steve

<< <i>If you think about it........ its a virtual "on line" check off list.

a record of what you have and don't have. >>



Mike, you're right as far as PCGS slabs are concerned. I'm sure however, as far as Lincoln cent collections, there are many people like me who have all the missing coins raw and do not submit for the registry because the cost of slabbing is not worth it to them. Steve

Clankeye

It's another way to actively participate in the hobby that was not available only a short while ago.

I enjoy taking pictures of the coins. Enjoy the loading, the editing, writing the short descriptions.

That's what a hobby is all about? Isn't it? A stimulating way of passing time, that may divert you from problems, obstacles, or other daily trials that may be screaming for your attention.

Clankeye

oreville

I was using the registry system to help in my bookeeping of the coins. I see that a few of my sets were dropped without any warning email.

I will probably not bother putting them back in.

Merc

None of my coins are in the PCGS Registry. I have many nice NGC graded coins and I feel there is no need to remove them from their holders and get them into PCGS holders. Then I know exactly what coins I have and don't have so I don't understand the motivation of a registry set.

bushmaster8

To get free gradings!

Justhavingfun

The Registry Set game is a farce. It rewards the plastic buyer not the coin. And the grading is really screwed up ... My estimate -- from the junk I reject and later see being gobbled up by Registry Set fanatics -- is that perhaps a fifth of the coins in most top registry sets wouldn't get the same grade if they were broken out and resubmitted blind.

But gosh, even though the Registry Set game is a carnival of buncombe, there are so many die-hard registry set collectors who love it. And I owed Jon Rosenthal and Warren Mills (Rare Coins of New Hampshire) an ob for all the help they gave me building my Standing Liberty Quarter collection, so I listed it to give them face. Maybe even drive in some business for them. The plaque that PCGS gave me for #1 adorns their wall, not mine.

Then, after that, how could I say "no" to Mr. Wondercoin who has been so wonderfully helpful to me in building my 1938-1964 and Wartime Jefferson Nickel collections. So I listed those to give him face, though heaven knows Mitch doesn't need it. If I get a plaque for either of those #1's, Mitch can hang that them on his wall with his other trophies.

But most registry set collectors don't go about having fun with their collections. How can you have a Standing Liberty Quarter collection without the overdate? How can you enjoy Jefferson nickels without glomming all over the doubled eye and the doubled Monticello? I love picking up all the minor varieties including ... repunched mint marks ... minor doubled dies ... "1" coming out of the neck (Yup, in the nickel 3 cent series) ... broadstruck (gosh I have a spectacular Standing Liberty Quarter, strongly broadstruck, graded MS67 FUll HEAD NGC. What a beauty!) ... and I love the Jefferson nickels struck on penny or dime planchets. Now that, to me, is building a real collection and having fun, and compared to that, the pursuit of a #1 Registry Set is sterile, dull, and boring.

The other series I collect intensely remain under wraps so I can accumulate to my heart's content all the nicest coins (which are often not synonymous [sp?] with the highest graded coins) free from pressure to buy the plastic rather than the coin. And so I can pick up all the juicy varieties and fascinating error coins without worrying that because of them I missed out on dull-boring, visually flat coin with a higher grade.

But to each his (or her) own. If youse guyz zonk on Registry Sets go for it.

From Asia,


Just Having Fun!

wondercoin

"the Registry Set game is a carnival of buncombe"

NOW THAT IS "CLASSIC"!!

I currently have (15) Registry sets registered in different categories and they range from the #1 set all the way to the #54 set. I also concur in most of Typetone's analysis as to why sets get registered. My latest (3) Registry sets are the Mint State Half Dollar, Silver Dollar and $5 Gold Modern Commem sets - a project I am jointly working with my 12 year old son on as we build these sets out together over the next couple years. Most every coin in these series is historical in its own right and setting up the Registry sets of these (3) collections makes it real easy to watch as our collections grow towards completion.

Wondercoin

boston

I 've found it a great way to know other collectors without traveling around the country. All it took was a couple e-mails and I found others with the same passion and a few real nice coins.

Bob

dbldie55

WHY DO YOU HAVE YOUR COINS IN THE PCGS REGISTRY?

In the words of Mr. Blutarsky. Why not!