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#1 ALL-TIME & CURRENT REGISTRY SET OF PROOF IKE DOLLARS - SOLD

wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
I expect to be listing on ebay later this weekend the All-Time and Current #1 PCGS Set of Proof Eisenhower Dollars. The key coins in the set consist of the following:

1. 1972(s) Silver Ike (PCGS-PR70DCAM) (pop 21)
2. 1973(s) Silver Ike (PCGS-PR70DCAM) (POP 1)
3. 1976(s) Silver Ike (PCGS-PR70DCAM) (POP 3)

Additionally, the remaining coins in the set are all sensational PCGS-PR69DCAM "MONSTER DCAM" specimens of the very highest quality, handpicked by me from among thousands of PCGS-PR69DCAM specimens I personally inspected.

I just wanted to give collectors here "heads up" in case anyone wants to discuss this collection with me ahead of me posting it up on ebay later this weekend.

Wondercoin

THE COLLECTION:

#1 SET


THE SET IS SOLD - CONGRATULATIONS TO THE NEW OWNER.
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.

Comments

  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    The set is now up in the Registry.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • RussRuss Posts: 48,514 ✭✭✭
    Wasn't there some rule about listing sets in the registry expressly for the purpose of selling them?

    Russ, NCNE
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    There certainly was, which is why BJ requires a set be listed exactly the way I have done so. See, you learn something every day on these boards.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>See, you learn something every day on these boards. >>



    Ah yes, and what did I learn today? That you having your own separate web site is redundant.

    Russ, NCNE
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    Redundency is the key to education (of especially those of us who take 23 thousand posts to "get it") image
  • RussRuss Posts: 48,514 ✭✭✭
    My, what a surprise that RegistryCoin jumped in here. Sure didn't see that one coming.

    Russ, NCNE
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    (Shades of green cover the forum)
    C'mon. Deal with the comment. This is a forum for ideas. Mine wasn't put there for you to personally jump down my throat, though "23 thousand posts" may seem specific to you, Russ. Just havin' fun with you (too). image
    Be nice. Baiting each other is too easy... okie dokie? imageimageimageimageimageimageimageimage
    ps. Didn't you see the smiley???
  • GandyjaiGandyjai Posts: 1,380 ✭✭
    That's one heck of a NICE Ike Proof Set!image

    What IS the rule on selling a registered set?

    Does that rule only apply to newly listed sets that are just going to be sold soon?
    If I have had a set listed for a long time (a couple of years or more)....can I decide one day to sell it
    by advertising it as the "number ___" PCGS Registered Circulated Ike Set?

    I still don't get what BJ said......Is it OK as long as you call it a "Customer's Set" and collect a commission on it?
    Please enlighten me to!image

    Gandyjai

    Edited to add: image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>ps. Didn't you see the smiley??? >>



    Yep, I saw it. Looks just as silly when you do it as it does when wondercoin does it. I'm curious, how often do you come up for air? image

    Note that I added a smiley so that makes what I said okay.

    Russ, NCNE
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    I used to have a fishing hole. There was the biggest brown there. I could never land him. He was smart, knowing the difference between my fly and a real bug. Interestingly, every time I hocked a loogie in the pool, he was the first to hit it.
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    "That's one heck of a NICE Ike Proof Set!"

    Gandyjai: Thanks. It is a spectacular collection. Every coin in the collection is superb for the grade IMHO.

    Wondercoin

    P.S. On the issue of auctioning off collections listed in the Registry -I would really suggest contacting BJ for a clarification if you have such a set to offer for sale, just as I did before posting the Ike set.
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • ajiaajia Posts: 5,403 ✭✭✭
    Wondercoin,

    Does this mean you got special permission to create this set with BJ knowing the set was created for the sole purpose of selling?

    No smileys, this is a serious question.
    image
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Ajai: (My "serious" answer"): As you may know, sets are being auctioned off more and more and being listed in the Registry in connection with their sale. I didn't get "special permission" for anything here. I made certain in advance that what I thought were the rules, were indeed the rules to avoid breaking any rules, even inadvertently. Frankly, from this discussion, I am glad I did double check in advance on the rules, as it appears there is some confusion surrounding them.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • Use the BST board for marketing and not this board!
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    5000 posts and hasn't seen the rules of the reg. forum yet? image
  • ajiaajia Posts: 5,403 ✭✭✭
    Wondercoin,

    I just want to understand the rules. Yes, I have seen others advertise their sets for sale, but can't say I've seen one registered for the sole purpose of selling.
    I don't want to come across as a combatant, just trying to understand......here is what the rules say:

    Listing a coin(s) with the intent to sell it and/or pricing a coin(s) in the registry will not be accepted. The set registry is self-policing.

    Help me understand?

    Oh, & I LOVE how rare the 73-S Silver is.....POP 0image
    image
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Ajia: The are numerous examples of sets listed in the set registries for both coins and cards listed by auction houses on behalf of their customers. I didn't take a lot of time to search out all the different listings, but I seem to recall for example Superior Galleries listed a Lincoln Cent collection they were selling at auction. Also, I believe Heritage listed one or more collections of coins they were planning to auction off (e.g. the #3 All-Time Finest "Nicholas Proof Walker" Collection) with a comment to the set as follows:

    "A well-matched and exceptionally attractive set, with all coins residing in earlier, green-labeled holders. This set will be broken up and sold at Heritage’s Central States Numismatic Society Auction May 6-8, 2004."

    So, as you see, there is plenty of precedent for my actions here.

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.


  • Last year two big IHC sets were sold this way, those being Gorrell at 2003 FUN and the Colburn set later in the year. In those cases the biggest problem that occurred was getting the coins delisted from the PCGS Registry as the original owners were not participants and the coins were left in the Registry after the auction.


    Listing the coins before selling seems like a good marketing approach as it helps possible buyers become aware of the impending sale. Seems like its win-win for both the seller and buyer.




  • Wondercoin - You obviously knew that listing the set in the registry with the sole purpose of selling it was, at best, borderline within the rules. You've now seen that at least several people here take offense to someone abusing the registry system in this manner. Just because others have done it before doesn't make it right. Others have murdered people before and gotten away with it. Just keep it in mind for next time.

    I've been a customer of yours before and I hope I will be again soon.

  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    "Wondercoin - You obviously knew that listing the set in the registry with the sole purpose of selling it was, at best, borderline within the rules"

    Compa: Quite the contrary. I believed that suggesting to my customer to list his set was ENTIRELY within the rules, but, I did need to double-check exactly how to list the set and I did want to double check on my belief (i.e. how to label it in the Registry). Further, I felt that my failure to suggest the listing to my customer would have resulted in me doing a less than spectacular job marketing the set.

    Finally, Compa, consider one more thing - in nearly every listing I have come across where an auction company properly lists a registry set, the intention is to sell off the coins one at a time ensuring the set will not exist following the sale (and, again, there is nothing wrong with that). In this case, however, I am trying very hard to keep this great collection in tact to ensure that following my sale, this very registry set will continue to exist exactly how I listed it in the Registry (truly the greatest Proof Ike collection ever assembled to date I believe). Who knows - I might even buy it and add it to my existing (21) active registry sets - I would only need to delete the word "customer" in the title. image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • ajiaajia Posts: 5,403 ✭✭✭
    All I want to do is understand the rules.....if the registry is self governing then I have to believe you felt you were within the rules, but you must have had some doubts as you contacted BJ first.

    If it's OK to list your (or someone else's) coins on the registry for the purpose of selling, it's fine with me, we can all make registry sets with our dupes for the purpose of selling, heck it might even creates less threads on the BST board........"ALL COINS ON JOE CROE's DUPE REGISTRY SETS FOR SALE", then have links inside there to the different sets.........hey, pretty good idea!

    But when I read the rules governing the registry I understood it to say that wasn't allowed. Now I am presuming that it is.....even had PCGS' blessing! I don't understand the comment, "I made certain in advance that what I thought were the rules, were indeed the rules to avoid breaking any rules,"........does that mean there are OTHER rules governing the registery set that supersede the ones on the registery page?

    I guess part of my problem is that I'm, as my boss calls it, Mr. Black & White! I see things as good/bad, right/wrong, fair/unfair........I'm just trying to get a handle on were this fits in.

    What would PISS my off, and I suppose a few other members is if there was a two tiered system whereby the 'big guys' get to sell on the registery & 'little guys' weren't.

    Maybe a question for DH?
    image
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    "What would PISS my off, and I suppose a few other members is if there was a two tiered system whereby the 'big guys' get to sell on the registery & 'little guys' weren't."

    AJAI: Good point and my feelings exactly. I had every right to market this set the same way Superior, Heritage, etc. gets to market their customer's coins. But, I just wanted to double check before lauching off on my very first listing.

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • ajiaajia Posts: 5,403 ✭✭✭
    Then it is your understanding that the idea of members creating registry sets for the purpose of selling (marketing) the individual coins is OK?

    Then the idea of posting 1 thread to these sets in the BST board would work!

    Do I need to name the set in a certain way to be within the rules?
    image
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Ajai: I would suggest writing BJ with your specific questions. Then, you will get every question you have answered 100% properly. I would hate for you to not "dot every i and cross every t" and be subject to questions when you post your coins for sale.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Craig: Your points are well taken.

    One comment - a true #1 set of PR Ikes exists (which is better than the old #1 sets obviously), whether the #1 set is registered or not. While the #2 collectors might not be pleased they are no longer #1, the reality is that a better set did come along - this is not a case of "phantom coins" or estimated old collections. The reality is a better set of PCGS Proof Ikes now exists - right?

    I expect to have the set of Ikes sold today and the new owner will likely take over the #1 slot and try to build on the #1 collection in the months and years ahead.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • ClankeyeClankeye Posts: 3,928


    << <i>I expect to have the set of Ikes sold today and the new owner will likely take over the #1 slot and try to build on the #1 collection in the months and years ahead. >>



    Which brings to mind the old saying "He was born on third base, but thinks he hit a triple."
    Brevity is the soul of wit. --William Shakespeare
  • ajiaajia Posts: 5,403 ✭✭✭
    OK, this will be may last say in the matter then I'll let it die, even if others won't.

    2 points I have to make.....one I made, can we all create sets to sell, I think Russ is testing the waters right now, more power to him.

    The other is that maybe, just maybe PCGS did not want to allow sets to be created for the sole purpose of selling so that DEALERS would create #1 (for example) all-time sets, bumping collectors out of that spot.

    But you assembled this set just to sell & you are now the all-time finest & will remain the all-time finest once sold, which would be the case since you completed over 90% of the set, & that bothers me.
    Dealers competing amongst themselves to create #1 sets to sell would not help the hobby....wow, hobby, I just remembered this is a hobby not a business, at least for me.

    Maybe there should be a time limit for keeping the set on the registry before it can be placed on the all-time finest list. That would satisfy my second point....but who am I, just a little coin hobbyist.image
    image
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    "But you assembled this set just to sell & you are now the all-time finest & will remain the all-time finest once sold"

    Actually, I am not sure that is true. When I deleted my very first registry set ever (pulled the Ike set from the Current listings), the prompts told me that down the line I could ask to be deleted from the All-Time list as well.

    In fact - isn't that a simple solution to the issues here - just ask dealers or collectors who list registry sets in connection with marketing them to delete them from the All-Time list as well when the sales are completed?

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • khaysekhayse Posts: 1,336
    This whole "consult your tax attorney" thing is annoying.

    Can't the rules just be easily stated?

    -KHayse
  • All I want to know is how much are you asking or expecting the PR70's to sell for. I probably can't afford any of them I was just wondering what you feel they are worth. You can PM me if you don't want to answer in the open.

    Also you PM'd me about a 1981-S SBA, Type II - PCGS PR70, I am new to PM'ing and accidentally deleted the message without replying, please PM me again regarding the coin.


    image
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