you know why Jade, a Professionaly graded coin by the big 3 carries more value and pontiential for a nice return.
Lucy, I submit to NGC, PCGS and ANACS in about equal quantities. I understand. For several years I never slabbed a coin and every slabbed coin that I purchased was cracked out to sell raw. I just think that coins look nicer raw than they do slabbed. Because there are so many crooks out there who misrepresent raw coins, the vast majority of collectors will only purchase slabbed coins. Therefore I joined "the game", since the rare coin business is my sole source of income and I have a family to feed. I don't like it, but I accept it. That being said, do you not see the problem with the rampant inconsistencies amongst the top 3 grading services? The "game" is at the expense of the collector and nobody else. The bottom line is that there's no easy answer to the problem. Are we better off with slabs or without (like back in the 1970's)? I would say that we are better off now with slabs, but I must qualify that statement by saying that slabbing has it's problems.
I still believe that they are more consistent then inconsistent....
I believe for every example you can make for a inconsistentcy there are hundreds to counter it where the grades are accurate.
lately, PCGs has been brutal with my Winged Libertys..... but, I sold those coins at the GEM grade of ms65fb and they buyers know that bought some solid and very tightly graded gems. They wound up with bargains..... I had some happy buyers... so, in that respect, I am happy for them....
Be Bop A Lula!! "Senorita HepKitty" "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
I would be careful about bashing "coin weenies who play the PCGS Registry game." In my little corner of the numismatic world (Lincoln cents), the registry game has created an extremely vibrant market. Dealers that "do 250K/month" would do well to realize that just a small portion of that business may be because of the registry game. Secondly, I would hardly say this is a game for "weenies". It certainly is a game, but it certainly isn't for weenies. Building a top registry set (of Lincolns) can be a $500,000-$1,000,000 spin of the wheel. In a fairly thin market, that can take some serious testicular fortitude.
Just some thoughts for you big time coin dealers from a small time collector.
For what measly length of time I ranked 5th in the "All time finest" set in the registry for proof 2 cent'ers, one spot under The Eliasberg collection I'll add, was much fun for me. It didn't lend any seriousness to the fact obviously, because as fast as I had the coins and held the spot, financial crisis hindered me from maintaining it. I had a good time. It felt good too! "Look ma, I'm on topuddah world!"
What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
What are you two guys (K6AZ and pontiacinf) doing with your lives - finishing your GEDs?
wiping my butt with your pic, but now dont get a big head over it
and if you think for one minute anything you would have to say carrys any weight on this side of the coast, id think again, especially seeing as your idea of fun is posting my picture and another guys and asking who would be more interesting to wake up to...kinda shows where your after hours interests are.
And if Im as insignificant as you describe, then why feel the need to do an all out search to try and discredit someone...sounds like you have a very low self esteem...guess your riches don't serve you as well as you claim, pitty it is.
sorry to deflate your balloon (pssssssssssssssssssssssssssssssssssssst) or could that be your head? edited to add CC sound
<< <i>By the way, last year i averaged monthly sales of coins in the neighborhood of $250,000 per month. What are you two guys (K6AZ and pontiacinf) doing with your lives - finishing your GEDs? >>
-- Adrian Crane, once again showing what a class act he is.
<< <i>What amazes me is that just about everyone here acknowledges that PCGS, NGC and ANACS are inconsistent.
Inconsistent compared to whom? >>
All you have to do is look at the Benson collection, right after the auction many of the coins were resubmitted to PCGS by their dealer buddies and magically many of the coins instantly upgraded and became worth $1000's of dollars more. Even the most amateur of collectors could recognize the Benson coins especially if they had just graded them just a few months earlier.
If I remember correctly, he who feels the need to yell his accomplishments usually is trying to cover the fact he has none. But lets look at the facts, im in no way rich or claim to be. I for one am very happy, self sufficient, and want for nothing.
After reading all of these threads here is my 2 cents worth......
I will agree that there are alot of collectors that use the registry for stroking their egos, and wouldn't know a high end graded coin of that series from one that was a low end graded coin, and could care less just as long as their set is #1 are at least near the top of the heap of the registry sets...... You can usually pick this type of collector out just from seeing who they bought their coins from in some instances, because there are certain dealers, (some of them "large" dealers), that buy low end graded coins and sell them for premium graded high end coins and overhype the hell out of them on their websites as MS whatever++++ the grade may be and tell you that it is a high end coin for the grade, are "shot" the next grade etcetera..... Well I've been there and done that with some of the dealers and it doesn't take me long to winnow the chaff from the Wheat so to speak when it comes to coin dealers.
My specialty at the moment is walkers, and I have looked at enough walkers in all the higher mint state grades of ms65 up from all 3 of the top grading services, and have found that PCGS is more consistant, and conservative, with grading walkers than NGC or ANACS..... When I was collecting mint state Buffalos I found the same to be true with that series..... If I wanted to buy coins just for the grade on the holder I would buy NGC and save alot of money and get a higher graded coin for the same money as I would if I bought the same graded coin in a PCGS holder...... I can assure you could take my set of walkers and crack 90% of them out and send them to NGC, or ANACS, and they would come back at least a full grade point higher than the PCGS slabs that they are in now..... If people want to collect NGC coins then let them collect NGC coins, but I sure wouldn't appreciate PCGS letting collectors place NGC graded coins up against my PCGS coins, because they just wouldn't compare to the PCGS graded coin in most instances....... I'm not trying to say that PCGS doesn't make mistakes because they do, that's a given....... But their standards are definately higher, (at least in the 2 series that I am most familiar with), than NGC's or ANACS in my opinion...... I would guess that to be the opinion of the majority of most collectors that have bothered to actually look at the coins instead of just the grade on the holder, and I would assume that is why that you will pay more for a PCGS graded coin than you will an NGC graded coin of the same assigned grade on the holder...... Don't get me wrong I have seen gorgeous coins in NGC holders that I have no doubt would have graded the same in a PCGS holder, but that is the exception to the rule......
So for me least ways it is simple..... Since I collect slabbed coins and started with PCGS because of their standards, and the fact that at some point either I will sell them, (and start a new series or type set), are my heirs will have to sell them since I have no one in my family that collects coins but me, and they will bring top dollar for the grade they have been assigned when they are sold because they are the best of the best IMHO.
I, like many registry set owners, resent many of these remarks. However, I will ignore these negative remarks, like I always do in this forum. I like registry sets. Yes, I am proud when I move up the list. No, I do NOT buy a coin just because it has a high or potentially high grade. YES, I DO buy coins that are attractive to me. On top of all this, registry sets give us collectors a specific goal to shoot for, some friendly competition, and comradary. PCGS has been good to me on grading and the increase in value due to the high quality coins I've purchased. I have been good to them too because I've given them business. It is a win-win situation. If you don't like registry sets, you don't have to participate. It's that simple.
<<< I think the whole concept of trying to have the best set (as determined by the objective grade on a holder) somewhat misses the point of numismatics. ANACONDA >>>
Yes, that is exactly correct.....I've seen quite a few very high ranked registry sets where many of the coins in the sets were low end, lifeless widgets that were obviously purchased for the number on the grading tag and without regard to the coin itself IMO.
I've also seen a few sets that were WAY down in the registry rankings that consisted of mostly beautiful, high end, eye appealing obviously hand picked, high end and beautifully toned coins as well.
The random numbers on grading tags (high or low) can never truly portray the absolute value or desirability of any certain set, and was merely devised by the 3rd party services as nothing more than a clever marketing concept to promote their companies products.
This is just another one of those threads that tends to obscure issues and distort perspectives.
There are tens of thousands of coins to collect and millions of ways to collect them. Putting a coin in a holder does not change the coin to make it less desirable. Assem- bling a collection of such coins does not make the collector in need of any sympathy. Incredibly you can find collectors the world over who actually collect coins and some of them have sets registered at PCGS!
This disturbs some peoples' sensibilities for many reasons. These reasons aren't nec- esarily selfish but it would be wise for such people to not register sets.
Dragon....i've always thought it would be neat to have a collection of AU58 coins. I've seen many that were better looking than many coins in 68 holders.
Isn't it Braddick that's competing for the worst set of something or other?
I bet he ends up getting some competition soon.
I can just hear it...."hey man....i'm so angry...i bought this NGC Good 10, it looked Poor 3 to me so i broke it out, sent it in to PCGS and it came back a 10 again. I sent it in 5 times...same thing each time. I finally sold it and Joe got it into a 3 holder the first time around!"
Dollardude said "I, like many registry set owners, resent many of these remarks. However, I will ignore these negative remarks, like I always do in this forum. I like registry sets. Yes, I am proud when I move up the list. No, I do NOT buy a coin just because it has a high or potentially high grade. YES, I DO buy coins that are attractive to me. On top of all this, registry sets give us collectors a specific goal to shoot for, some friendly competition, and comradary. PCGS has been good to me on grading and the increase in value due to the high quality coins I've purchased. I have been good to them too because I've given them business. It is a win-win situation. If you don't like registry sets, you don't have to participate. It's that simple. "
I agree with you that there are many people, one of which you are, that benefit from the registry gig. I altered my thread title to clarify what i meant.
Finally, not all coin collectors who register their sets are coin weenies. Coin weenies in this context are guys who buy coins for the numerical holders, not the coins themselves.
>>>Finally, not all coin collectors who register their sets are coin weenies. Coin weenies in this context are guys who buy coins for the numerical holders, not the coins themselves.<<<
<< <i>This is just another one of those threads that tends to obscure issues and distort perspectives.
There are tens of thousands of coins to collect and millions of ways to collect them. Putting a coin in a holder does not change the coin to make it less desirable. Assem- bling a collection of such coins does not make the collector in need of any sympathy. Incredibly you can find collectors the world over who actually collect coins and some of them have sets registered at PCGS!
This disturbs some peoples' sensibilities for many reasons. These reasons aren't nec- esarily selfish but it would be wise for such people to not register sets. >>
Good advice for most collectors. I work hard on upgrading my sets of better grade circulated Barber Dimes and Halves, since I don't have the means to purchase tickets to the PCGS registry set game. I enjoy upgrading two sets of coins without having to pay slabbing fees or maintain loyalty to a particular slabbing service. I am proud of the sets I have built over the last four years, and have met a few other collectors who are working on this same peculiar way of collecting.
Adrian and Laura have both made good points here. The PCGS registry set game should be played by PCGS rules, as unfair as that may seem to those who leave the game in disgust after a couple of unsuccessful crossover attempts. If you don't have money to burn and an ego to stroke, don't play the PCGS registry set game. I'm prould to be a "weenie" collecting $100 coins that the big dealers can never seem to find, while I learn grading without the submission fees and long waits that keep registry set collectors edgy.
If PCGS admitted NGC coins to its registry sets, don't you suppose that the current premium for PCGS coins would fall? PCGS would also lose some revenue they are currently bringing in from those who submit coins for crossover attempts to have their collections ranked in another competition.
I agree with BarryK that the PCGS registry set game is all about Slabs O' Plastic and numbers, but that the PCGS game is more expensive to play than the NGC game. It is in PCGS' best interest to keep it this way, despite PCGS registry-set competitors who leave the ballpark with their tails between their legs after they have endured enough failed crossovers. For every disgruntled registry set competitor leaving the game, there will be another collector with ego proportional to income willing to pay the admission fees to this ballpark.
Pardon the length of this post, which would be irrelevant anywhere but here.
"Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
Coin collecting is so much better for me now that I am out of the Registry game all together.
I collect what I want now. I don't care about pops any more. I just collect pretty rare coins with the best eye appeal that I can find.
I'm not limiting myself to any particular series any more. I am collecting a lot of different types of coins that if I was still chasing the Registry I never would have purchased.
I don't care what the holder is on a coin now. I just collect the coin.
<< <i>Isn't it Braddick that's competing for the worst set of something or other?
I bet he ends up getting some competition soon.
I can just hear it...."hey man....i'm so angry...i bought this NGC Good 10, it looked Poor 3 to me so i broke it out, sent it in to PCGS and it came back a 10 again. I sent it in 5 times...same thing each time. I finally sold it and Joe got it into a 3 holder the first time around!" >>
If people are sending in coins looking for a higher grade, then why not keep sending them in for a lower grade? It's bound to happen sometimes.
The thread is making me feel like the lady on the airplane in the movie "Airplane" where the passengers all get into a line with baseball bats and guns to do her in.
For whatever it’s worth….if I can take a moment to explain what I have been castigated about…
I post this thread about my not having sympathies for people who get burned by buying the holder and not the coin (and isn’t that really what this is about?) and the first person to respond is K6something or other. The comment is not only totally off thread and insulting but it doesn’t make any sense. He implies that my motivation for posting this thread is to bolster the value of NGC coins because I’m having a hard time selling them. I respond by telling him that last year I sold an average of $250,000 worth of coins a month, the implication of which is, ‘you buffoon, get your facts straight‘ (if I‘m selling that many coins, I‘m certainly selling a bunch of NGC coins, ergo, I don't need to bolster their value). I didn't just pointlessly start bragging about the amount of my sales for no good reason. I'm an exceedingly humble guy and would never, never, never brag about anything......well, maybe a few things. Anyway....
You should know that the two people who I directed my irritation at are two people who can’t resist interrupting my threads and taking shots at me. You wouldn't probably have noticed this, but it is true. We have a harmonious relationship - I don’t like them and they don’t like me. They are basically just gnats to me and I imagine that I will always like to swipe at gnats.
One last thing -
Frattlaw said - "Sometimes its hard admitting I'm a lawyer when there are guys like Adrian posting this BS on a forum about 2 well repsected members."
Frattlaw - Most real attorneys don’t misspell simple words, so I think you're still safe.
Since your question is a good one and because this thread has become rather polluted, I will move it into new thread, (which will no doubt irritate someone).
Fratlaw thanks for showing all how a real lawyer portrays himself to the general public..I guess the course this airbag took didnt include general ethics or maybe that was in the more costly version.
As for his insults and misconceptions, he's about as significant as the zit on my butt. (which his pic sees on a daily basis)<previously coverd
I doubt ill waste anymore of my time on this clown, for what info ive come across in the past deffinately shows him for the looser he is.
Comments
Lucy, I submit to NGC, PCGS and ANACS in about equal quantities. I understand. For several years I never slabbed a coin and every slabbed coin that I purchased was cracked out to sell raw. I just think that coins look nicer raw than they do slabbed. Because there are so many crooks out there who misrepresent raw coins, the vast majority of collectors will only purchase slabbed coins. Therefore I joined "the game", since the rare coin business is my sole source of income and I have a family to feed. I don't like it, but I accept it. That being said, do you not see the problem with the rampant inconsistencies amongst the top 3 grading services? The "game" is at the expense of the collector and nobody else. The bottom line is that there's no easy answer to the problem. Are we better off with slabs or without (like back in the 1970's)? I would say that we are better off now with slabs, but I must qualify that statement by saying that slabbing has it's problems.
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
Themselves.
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
I believe for every example you can make for a inconsistentcy there are hundreds to counter it where the grades are accurate.
lately, PCGs has been brutal with my Winged Libertys..... but, I sold those coins at the GEM grade of ms65fb and they buyers know that bought some solid and very tightly graded gems. They wound up with bargains..... I had some happy buyers... so, in that respect, I am happy for them....
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
That's not right. I am going to call David Hall right now to complain! I will make sure that you get a bump on your next submission.
(I just called David Hall. He laughed at me and then hung up the phone)
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
I'll fix him!
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
I would be careful about bashing "coin weenies who play the PCGS Registry game." In my little corner of the numismatic world (Lincoln cents), the registry game has created an extremely vibrant market. Dealers that "do 250K/month" would do well to realize that just a small portion of that business may be because of the registry game. Secondly, I would hardly say this is a game for "weenies". It certainly is a game, but it certainly isn't for weenies. Building a top registry set (of Lincolns) can be a $500,000-$1,000,000 spin of the wheel. In a fairly thin market, that can take some serious testicular fortitude.
Just some thoughts for you big time coin dealers from a small time collector.
Camelot
<< <i>I dont see what my weenie has to do with anything? >>
your setting me up to get bann'd aren't you!?
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
looking for loose change, lost between the seats.
Camelot
I agree with you... it is kinda like the tail wagging the dog...
Experience the World through Numismatics...it's more than you can imagine.
Check out some of my 1794 Large Cents on www.coingallery.org
<< <i>I would really like to add something constructive to this thread but I am still struggling to finish my GED.
heh heh..
Just like BigMoose from the Archie comic books!
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
wiping my butt with your pic, but now dont get a big head over it
and if you think for one minute anything you would have to say carrys any weight on this side of the coast, id think again, especially seeing as your idea of fun is posting my picture and another guys and asking who would be more interesting to wake up to...kinda shows where your after hours interests are.
And if Im as insignificant as you describe, then why feel the need to do an all out search to try and discredit someone...sounds like you have a very low self esteem...guess your riches don't serve you as well as you claim, pitty it is.
sorry to deflate your balloon
edited to add CC sound
Go BIG or GO HOME. ©Bill
<< <i>Inconsistent compared to whom? >>
Compared to themselves and to each other thats to whom. But I would say mildly inconsistent as compared to consistently inconsistent.
I wonder if this is what is like to watch soap operas?? HMMMMMMMMM maybe I can rich off selling this titled AS THE COIN TURNS
<< <i>By the way, last year i averaged monthly sales of coins in the neighborhood of $250,000 per month. What are you two guys (K6AZ and pontiacinf) doing with your lives - finishing your GEDs? >>
-- Adrian Crane, once again showing what a class act he is.
<< <i>What amazes me is that just about everyone here acknowledges that PCGS, NGC and ANACS are inconsistent.
Inconsistent compared to whom? >>
All you have to do is look at the Benson collection, right after the auction many of the coins were resubmitted to PCGS by their dealer buddies and magically many of the coins instantly upgraded and became worth $1000's of dollars more. Even the most amateur of collectors could recognize the Benson coins especially if they had just graded them just a few months earlier.
If I remember correctly, he who feels the need to yell his accomplishments usually is trying to
cover the fact he has none. But lets look at the facts, im in no way rich or claim to be. I for one
am very happy, self sufficient, and want for nothing.
Not many can say that and mean it.
Go BIG or GO HOME. ©Bill
I will agree that there are alot of collectors that use the registry for stroking their egos, and wouldn't know a high end graded coin of that series from one that was a low end graded coin, and could care less just as long as their set is #1 are at least near the top of the heap of the registry sets...... You can usually pick this type of collector out just from seeing who they bought their coins from in some instances, because there are certain dealers, (some of them "large" dealers), that buy low end graded coins and sell them for premium graded high end coins and overhype the hell out of them on their websites as MS whatever++++ the grade may be and tell you that it is a high end coin for the grade, are "shot" the next grade etcetera..... Well I've been there and done that with some of the dealers and it doesn't take me long to winnow the chaff from the Wheat so to speak when it comes to coin dealers.
My specialty at the moment is walkers, and I have looked at enough walkers in all the higher mint state grades of ms65 up from all 3 of the top grading services, and have found that PCGS is more consistant, and conservative, with grading walkers than NGC or ANACS..... When I was collecting mint state Buffalos I found the same to be true with that series..... If I wanted to buy coins just for the grade on the holder I would buy NGC and save alot of money and get a higher graded coin for the same money as I would if I bought the same graded coin in a PCGS holder...... I can assure you could take my set of walkers and crack 90% of them out and send them to NGC, or ANACS, and they would come back at least a full grade point higher than the PCGS slabs that they are in now..... If people want to collect NGC coins then let them collect NGC coins, but I sure wouldn't appreciate PCGS letting collectors place NGC graded coins up against my PCGS coins, because they just wouldn't compare to the PCGS graded coin in most instances....... I'm not trying to say that PCGS doesn't make mistakes because they do, that's a given....... But their standards are definately higher, (at least in the 2 series that I am most familiar with), than NGC's or ANACS in my opinion...... I would guess that to be the opinion of the majority of most collectors that have bothered to actually look at the coins instead of just the grade on the holder, and I would assume that is why that you will pay more for a PCGS graded coin than you will an NGC graded coin of the same assigned grade on the holder...... Don't get me wrong I have seen gorgeous coins in NGC holders that I have no doubt would have graded the same in a PCGS holder, but that is the exception to the rule......
So for me least ways it is simple..... Since I collect slabbed coins and started with PCGS because of their standards, and the fact that at some point either I will sell them, (and start a new series or type set), are my heirs will have to sell them since I have no one in my family that collects coins but me, and they will bring top dollar for the grade they have been assigned when they are sold because they are the best of the best IMHO.
This is great therapy!
Check out a Vanguard Roth IRA.
<< <i>What are you two guys (K6AZ and pontiacinf) doing with your lives - finishing your GEDs? >>
Errr...defending themselves in court?
Where's the popcorn!
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
Right on, dollardude!!
Yes, that is exactly correct.....I've seen quite a few very high ranked registry sets where many of the coins in the sets were low end, lifeless widgets that were obviously purchased for the number on the grading tag and without regard to the coin itself IMO.
I've also seen a few sets that were WAY down in the registry rankings that consisted of mostly beautiful, high end, eye appealing obviously hand picked, high end and beautifully toned coins as well.
The random numbers on grading tags (high or low) can never truly portray the absolute value or desirability of any certain set, and was merely devised by the 3rd party services as nothing more than a clever marketing concept to promote their companies products.
dragon
<< <i>By the way, last year i averaged monthly sales of coins in the neighborhood of $250,000 per month >>
Are you channeling Mr.Platinum?
perspectives.
There are tens of thousands of coins to collect and millions of ways to collect them.
Putting a coin in a holder does not change the coin to make it less desirable. Assem-
bling a collection of such coins does not make the collector in need of any sympathy.
Incredibly you can find collectors the world over who actually collect coins and some
of them have sets registered at PCGS!
This disturbs some peoples' sensibilities for many reasons. These reasons aren't nec-
esarily selfish but it would be wise for such people to not register sets.
I bet he ends up getting some competition soon.
I can just hear it...."hey man....i'm so angry...i bought this NGC Good 10, it looked Poor 3 to me so i broke it out, sent it in to PCGS and it came back a 10 again. I sent it in 5 times...same thing each time. I finally sold it and Joe got it into a 3 holder the first time around!"
I agree with you that there are many people, one of which you are, that benefit from the registry gig. I altered my thread title to clarify what i meant.
Finally, not all coin collectors who register their sets are coin weenies. Coin weenies in this context are guys who buy coins for the numerical holders, not the coins themselves.
Glad you cleared that point up Adrian.
<< <i><< By the way, last year i averaged monthly sales of coins in the neighborhood of $250,000 per month >> >>
I guess everything in Texas isn't big
<< <i>What are you two guys (K6AZ and pontiacinf) doing with your lives - finishing your GEDs? >>
Sometimes its hard admitting I'm a lawyer when there are guys like Adrian posting this BS on a forum about 2 well repsected members.
Michael
<< <i>This is just another one of those threads that tends to obscure issues and distort
perspectives.
There are tens of thousands of coins to collect and millions of ways to collect them.
Putting a coin in a holder does not change the coin to make it less desirable. Assem-
bling a collection of such coins does not make the collector in need of any sympathy.
Incredibly you can find collectors the world over who actually collect coins and some
of them have sets registered at PCGS!
This disturbs some peoples' sensibilities for many reasons. These reasons aren't nec-
esarily selfish but it would be wise for such people to not register sets. >>
Good advice for most collectors. I work hard on upgrading my sets of better grade circulated Barber Dimes and Halves, since I don't have the means to purchase tickets to the PCGS registry set game. I enjoy upgrading two sets of coins without having to pay slabbing fees or maintain loyalty to a particular slabbing service. I am proud of the sets I have built over the last four years, and have met a few other collectors who are working on this same peculiar way of collecting.
Adrian and Laura have both made good points here. The PCGS registry set game should be played by PCGS rules, as unfair as that may seem to those who leave the game in disgust after a couple of unsuccessful crossover attempts. If you don't have money to burn and an ego to stroke, don't play the PCGS registry set game. I'm prould to be a "weenie" collecting $100 coins that the big dealers can never seem to find, while I learn grading without the submission fees and long waits that keep registry set collectors edgy.
If PCGS admitted NGC coins to its registry sets, don't you suppose that the current premium for PCGS coins would fall? PCGS would also lose some revenue they are currently bringing in from those who submit coins for crossover attempts to have their collections ranked in another competition.
I agree with BarryK that the PCGS registry set game is all about Slabs O' Plastic and numbers, but that the PCGS game is more expensive to play than the NGC game. It is in PCGS' best interest to keep it this way, despite PCGS registry-set competitors who leave the ballpark with their tails between their legs after they have endured enough failed crossovers. For every disgruntled registry set competitor leaving the game, there will be another collector with ego proportional to income willing to pay the admission fees to this ballpark.
Pardon the length of this post, which would be irrelevant anywhere but here.
<< <i>
<< <i>What are you two guys (K6AZ and pontiacinf) doing with your lives - finishing your GEDs? >>
Sometimes its hard admitting I'm a lawyer when there are guys like Adrian posting this BS on a forum about 2 well repsected members.
Michael >>
Adrian is/was a lawyer too.
<< <i>Adrian is/was a lawyer too >>
That's my point.
Michael
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
I collect what I want now. I don't care about pops any more. I just collect pretty rare coins with the best eye appeal that I can find.
I'm not limiting myself to any particular series any more. I am collecting a lot of different types of coins that if I was still chasing the Registry I never would have purchased.
I don't care what the holder is on a coin now. I just collect the coin.
<< <i>Isn't it Braddick that's competing for the worst set of something or other?
I bet he ends up getting some competition soon.
I can just hear it...."hey man....i'm so angry...i bought this NGC Good 10, it looked Poor 3 to me so i broke it out, sent it in to PCGS and it came back a 10 again. I sent it in 5 times...same thing each time. I finally sold it and Joe got it into a 3 holder the first time around!" >>
If people are sending in coins looking for a higher grade, then why not keep sending them in for a lower grade? It's bound to happen sometimes.
I don't care what the holder is on a coin now. I just collect the coin.
Sounds like profound, deep coin wisdom settling in.....
For whatever it’s worth….if I can take a moment to explain what I have been castigated about…
I post this thread about my not having sympathies for people who get burned by buying the holder and not the coin (and isn’t that really what this is about?) and the first person to respond is K6something or other. The comment is not only totally off thread and insulting but it doesn’t make any sense. He implies that my motivation for posting this thread is to bolster the value of NGC coins because I’m having a hard time selling them. I respond by telling him that last year I sold an average of $250,000 worth of coins a month, the implication of which is, ‘you buffoon, get your facts straight‘ (if I‘m selling that many coins, I‘m certainly selling a bunch of NGC coins, ergo, I don't need to bolster their value). I didn't just pointlessly start bragging about the amount of my sales for no good reason. I'm an exceedingly humble guy and would never, never, never brag about anything......well, maybe a few things. Anyway....
You should know that the two people who I directed my irritation at are two people who can’t resist interrupting my threads and taking shots at me. You wouldn't probably have noticed this, but it is true. We have a harmonious relationship - I don’t like them and they don’t like me. They are basically just gnats to me and I imagine that I will always like to swipe at gnats.
One last thing -
Frattlaw said - "Sometimes its hard admitting I'm a lawyer when there are guys like Adrian posting this BS on a forum about 2 well repsected members."
Frattlaw - Most real attorneys don’t misspell simple words, so I think you're still safe.
As for his insults and misconceptions, he's about as significant as the zit on my butt. (which his pic sees on a daily basis)<previously coverd
I doubt ill waste anymore of my time on this clown, for what info ive come across in the past deffinately shows him for the looser he is.
Go BIG or GO HOME. ©Bill