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Isn't this registry abuse?

RussRuss Posts: 48,514 ✭✭✭
The JFS Commemorative collection.

Or, is that somehow within "the rules"?

Russ, NCNE
«13

Comments

  • sonofagunksonofagunk Posts: 1,349 ✭✭
    well I will give them the benefit of the doubt and say it was at least nice of them not to register and snipe away the 2004 award from the now #2
  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    Best I know, it looks perfectly fine to me. Glad to see Heritage marketing the great sets aggressively image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • RussRuss Posts: 48,514 ✭✭✭
    So, there is no rule at all against using the registry for no purpose other than to advertise the sale of a collection?

    Russ, NCNE
  • Smart marketing ploy, or free advertisment !!!
  • DatentypeDatentype Posts: 1,677 ✭✭✭
    All hail Russ, the registry and coin forum gestapo!
  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    Even though this set knocks Registrycoin out of the All-Time #1 slot (something I am personally not too fond of seeing), IMHO, the Registy listing is perfectly fine for these reasons:

    1. JLS did assemble a higher ranking collection than Registrycoin and deserves the #1 slot recognizing his accomplishment now that he has decided to sell his set. Obviously, a number of Registrycoin's coins are now in the JLS set, which is a tribute to Registrycoin as well.

    2. The fact that JLS elected to build his registry set without listing it all along makes it nothing less of an incredible Registry accomplishment. By registering it in connection with the sale, I suspect the collection may still qualify for recognition in the 2005 awards?

    3. The power of the Registry is enormous - confirmed once again by Heritage's decision to post the set on the PCGS website for their consignor.

    4. And, most importantly - because BJ said it was OK image

    Expect Registry marketing to become even more aggressive as auction houses, dealers, etc. discover its power.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • TWQGTWQG Posts: 3,145 ✭✭
    Russ, that would depend on what the meaning of is is.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>All hail Russ, the registry and coin forum gestapo! >>



    Datentype,

    Don't you have some no reserve auction you need to be closing at the last second?



    << <i>4. And, most importantly - because BJ said it was OK >>



    Then she has rescinded the rule against using the registry for advertising. Thanks for clarifying that.

    Russ, NCNE
  • NumisMeNumisMe Posts: 841 ✭✭
    Here is all the RULES have to say on the subject:


    <B>Buying and Selling Policy</B>
    The PCGS Set Registry is to be used to list collections of coins and is not to be used to sell coins. 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. Should you see a infraction of this policy, please report it to setregistry@collectors.com.

  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    << 4. And, most importantly - because BJ said it was OK >>

    Then she has rescinded the rule against using the registry for advertising. Thanks for clarifying that.

    While you are welcome - obviously, everyone interested in posting a set like this should double check with BJ in advance just to make sure and to follow all of the rules.

    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>Listing a coin(s) with the intent to sell it and/or pricing a coin(s) in the registry will not be accepted. >>



    Clearly, that no longer applies. It appears the floodgates have been opened and a lot of collectors can now look forward to seeing the sets they've worked hard to build knocked off by dealers advertising their wares.

    Russ, NCNE
  • ajiaajia Posts: 5,403 ✭✭✭
    Russ,

    What we need is clarification from BJ.
    PLAIN & SIMPLE.
    Were is she? Isn't this the 3rd set created for the sole purpose of selling it?

    Where's DH on this, shouldn't we ask him on the Q&A forum or has someone already tried that.
    I would do it but I have asked him 3 questions already without a responce.....not enough pull I guess!image
    image
  • melikecoinsmelikecoins Posts: 1,154 ✭✭
    I see.
    Now Corporate sponsored Registry Sets will be the norm.

    That will kill it for the collector, even with deep pockets, an individual collector will not have a chance to be number one.

    Glen
    I don't buy slabs I make them
  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    "The PCGS Set Registry is to be used to list collections of coins and is not to be used to sell coins. 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. Should you see a infraction of this policy, please report it to setregistry@collectors.com."

    1. HERITAGE USED THE REGISTRY TO LIST THE COLLECTION OF COINS.

    2. HERITAGE NEEDS NO HELP IN SELLING COINS.

    3. HERITAGE HAD NO INTENTION OF LISTING THE COINS WITH THE INTENT OF SELLING THEM IN THE REGISTRY LISTING. HERE IS WHERE A CLARIFICATION WOULD BE USEFUL TO ALL -
    SOME FOLKS APPEAR TO BE READING THIS SENTENCE AS LISTING COINS WITH THE INTENT TO SELL IS WRONG - THE WORDS "IN THE REGISTRY" WITH THAT INTERPRETATION WOULD APPLY TO ONLY THE TERM "PRICING A COIN(S) AND NOT"INTENT TO SELL IT". I agree that a clarification of this sentence would be useful to all.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • RELLARELLA Posts: 961 ✭✭✭


    << <i>Now Corporate sponsored Registry Sets will be the norm. >>

    That's not what is happening here. This is not a case of a coin company listing its inventory; this is an auction house employee providing a service to a consignor.

    If a collector has a set listed and then goes to sell it at auction should they be required to de-list their set before they consign to an auction house?

    The set above is not "for sale" in my opinion...I can't call up Greg at Heritage and buy it right now.

    RELLA
    Do not fall into the error of the artisan
    who boasts of twenty years experience in his craft
    while in fact he has had only one year of experience...
    twenty times.
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    I dont see any problem with it, even though the discription seems a little commercial and IMHO almost belittles the accomplishment by using the discription as a marketing tool.

    The guy did complete the set... and they are all in PCGS holders, so why shouldnt the set be included in the registry?

    David
  • ajiaajia Posts: 5,403 ✭✭✭
    AHH, the good ol' loophole.

    So.....as long as you don't SELL or ADVERTISE on the registry, meaning you don't put a price or comment about selling in the comment field it is OK?

    BUT, there is a comment field for each coin & a comment field for the entire set. The comments in the set box DOES, IMO, state that the set is for sale:

    The JFS Collection is represented by Heritage Numismatic Auctions in the ANA Sale, August 2004.

    Doesn't this go against the rule?

    David, to your point, why didn't he create the set first, then commission Heritage to sell....ala PQpeace? Was this a real collection or something put together for the sole purpose of selling?
    image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>3. HERITAGE HAD NO INTENTION OF LISTING THE COINS WITH THE INTENT OF SELLING THEM IN THE REGISTRY LISTING. >>



    Then why list them at all? And then advertise the sale in the US coin forum.



    << <i>The set above is not "for sale" in my opinion...I can't call up Greg at Heritage and buy it right now. >>



    That's a distinction without a difference.

    I wonder what would happen if some no-name joe blow registered a set and put in the set description that it would be appearing on eBay in a few weeks?

    Russ, NCNE
  • tradedollarnuttradedollarnut Posts: 20,198 ✭✭✭✭✭
    JFS built a fantastic set. I know he always intended to list it when it was completed. What's the difference if he lists it and then decides to sell it, or if he decides to sell it and then it's listed. It's still the same set.

    Of course, once it's auctioned off then it should be removed from the current sets.
  • wondercoinwondercoin Posts: 16,997 ✭✭✭✭✭
    << 3. HERITAGE HAD NO INTENTION OF LISTING THE COINS WITH THE INTENT OF SELLING THEM IN THE REGISTRY LISTING. >>

    Then why list them at all? And then advertise the sale in the US coin forum.

    I just saw the US Coin Forum Post - technically speaking, I do agree this board might have been the more prudent board to announce the sale of the collection - but, I have no doubt Greg's post there was totally "innocent" in nature. Anyway, that is OT to the specific issue here.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    I can see the "use" vs "abuse" discussion taking a while to find some agreement, and it may be decided sometime in the future that an arbitrary time period must pass before a set can be recognized, but I think that


    << <i> ...JLS elected to build his registry set without listing it all along makes it nothing less of an incredible Registry accomplishment. >>

    says quite a bit, and that the JFS set is absolutely incredible.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    perhaps it's a simple case of a collector who has been working long and hard on a large and difficult set who chose to keep it's existence private from the general public. the nature of some of the "sour grapes" replies seems to indicate that perhaps his approach was wise.

    there is a very robust collector within the Registry framework. many know of him simply because they see him poised either ahead of or behind their own sets. his identity is merely Honeycutt due to his choice of anonymity. he has been the topic of occasional threads. perhaps JFS just made a similar decision regarding anonymity. but i think we should probably crucify him anyway, right??image

    al h.image
  • BNEBNE Posts: 772
    I guess I feel that if a real collector really assembled his or her set, he or she can freely list it despite an intent to sell. I would feel differently if they were sets assembled by a commercial concern, out of their stock (but considering how expensive most Number 1 sets are to assemble, and the rarity of the coins in them, it is questionable how many coin shops would want to tie up that amount of cash to be able to list the set as a number one set and sell it in one fell swoop. . . .).

    The "represented by Heritage" comes a little close to advertising, but I imagine that reference will be removed after the auction. It's a historical set, nonetheless.
    "The essence of sleight of hand is distraction and misdirection. If smoeone can be convinced that he has, through his own perspicacity, divined your hidden purposes, he will not look further."

    William S. Burroughs, Cities of the Red Night
  • Hey Russ (aka Russiepooh aka blowhard) spend some money and stop being a cheap ass and commenting on every last thing, I have yet to see you post a number 1 set.

    When you do I will shut up, but until then I'll just keep cracking as you say, man I'm cracking some nice old proof sets. stay tuned.


    Russ the score is 53 Number one set awards to the Pimp family and ZERO for Russiepooh the blowhard.

    Face it Russ your envious of those who are better than you, although I do not like Heritage, they do have the number 1 set, if they get their money for their set more power to them.

    I never put people down for having better coins than me, it just gives me the motivation to try even harder.


    You should see my lil Pimp son crack out coins, he's getting as good as his Pimp dad, to think he's only 16, wait til he's in his 30's like his old man.




    imageimage
  • I believe that this is the same tactic used by Pinnacle to market the GBW set of complete Walkers. Suddenly the set was placed on the Registry, #1 all-time, and placed for sale at the same time! I dont know if it is right or wrong, but the same strategy.

    Steve
  • BNEBNE Posts: 772
    Al: Please don't wake up Honeycutt. He could kill a whole lot of us with a few simple coin purchases.image
    "The essence of sleight of hand is distraction and misdirection. If smoeone can be convinced that he has, through his own perspicacity, divined your hidden purposes, he will not look further."

    William S. Burroughs, Cities of the Red Night
  • OK ... I kept my fingers off the keyboard on the last go around but this one pushed me over the edge.

    If the set owners registered these sets, then maybe I could stand it. But these sets were registered by coin dealers for the sole purpose of advertising. The set owners were, most likely no longer in possesion of the coins.

    Yes, there are some collectors who are just into this for financial reasons, but I believe they are few and far between here on these boards (other than dealers). I have always held that the Registry is for collectors to show off their sets, and to complement these boards.

    These last few sets that have been discussed are WAY OUT OF LINE!

    I sincerely hope the management of PCGS takes notice and makes the needed changes to stop what many of us regard as abuse.

    At the absolute least, these sets should NEVER be considered for any type of recognition and should be totally removed from the system.

  • BJBJ Posts: 393 mod
    Hi Everyone,

    Obviously, Heritage understands the power of the Registry and they are using it to their consignor's benefit just like many others before them have, both dealers and collectors alike. However, that is not the sole purpose of their listing the JFS Collection. The JFS Collection, after it is sold in auction will remain in the ATF as one of the All-Time Finest commemorative collections ever assembled. The collector, who assembled the set, is justifiably proud of his accomplishment and just like many of you, wants to display his set for all to see and enjoy.

    BTW, it is absolutely true that we do not allow certain terms pertaining to buying and selling to be used in set names and descriptions. Heritage understands this policy and has approved the minor changes we just made for them in the JFS set descriptions.
    BJ Searls
    bsearls@collectors.com
    Set Registry & Special Projects Director
    PCGS (coins) www.pcgs.com
    PSA (cards & tickets) www.psacard.com
  • DatentypeDatentype Posts: 1,677 ✭✭✭
    Hey Russ, maybe you can meet your meaningless 30 posts a day average on one thread alone.

    Close auctions down in the last seconds? i would not do that ever in a fair playing field.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Hey Russ (aka Russiepooh aka blowhard) spend some money and stop being a cheap ass and commenting on every last thing, I have yet to see you post a number 1 set. >>



    Hey Pudge,

    What are you doing in this thread? The set being discussed is comprised of REAL coins, not modern bullion; an area in which anybody with more money than sense can buy their way to the top. Besides, shouldn't you be out trying to find coins to knock me off in the proof Kennedy short set? Hop to, sonny! image

    Russ, NCNE
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>The collector, who assembled the set, is justifiably proud of his accomplishment and just like many of you, wants to display his set for all to see and enjoy. >>



    Strange that he didn't want us to see and enjoy it until it's up for sale.



    << <i>Hey Russ, maybe you can meet your meaningless 30 posts a day average on one thread alone.

    Close auctions down in the last seconds? i would not do that ever in a fair playing field. >>



    Datentype,

    Everybody at these forums knows you've closed auctions in the final seconds because they didn't get bid to what you wanted. As it turns out, Redcents was right about you all along.

    Russ, NCNE
  • Hey Datentype,

    Actually it's 42.87 posts per day.

    If I had time to post 40 times a day for 800 days without missing a single day that would be amazing.

    Someone sure has lots of time on their hands.

    I averaged how much time it would take Russ the blowharder, to analyze each post he responds to, it would take him about 7.5 hours a day to read analyze and respond to each message he posts now you tell me someone that's as obsessed with this board must not be wrapped too tight?! After all he only has 8 little coins that are basically at the #3 spot. How much can that be worth to sit here and post nearly 22 thousand posts in about 2 years.

    They should put Russiepooh, in the HOF for being the top pompous ass here, after all he does hold the number #1 spot posting crap.


    Hey blowhard, let me see you build a set like I've done, let me see you win at least one award buddy.

    Only then, not only will I shut up, I'll also go away.

    So get crack'n and put your $ where your money is...

    By the way Russ, have you cleaned your sphincter today?


    Anyone that has nice raw proof sets email me we're always buying quality coins...


    image
  • My bad nearly 24 thousand posts damn 2 thousand posts in about 2 weeks Russiepooh.

    Let me recalculate that. Ah what for.


    Hey everyone look it's another post for me aka The Pudge Pimp.image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Actually it's 42.87 posts per day. >>



    Not a math major, I see. image

    You're wasting time, Pudge. Get out there and look for Kennedys!

    Russ, NCNE
  • Soon it'll be 100 a day keep it up image


    I took the average per day you've been active (+/-) 3 posts. No matter what you're still the number one anus here.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>No matter what you're still the number one anus here. >>



    Cool. That means I've unseated you. image

    Russ, NCNE
  • No? you were here long before me making you the king of uranus

    I've only posted a max of 300 times, each time I post you post 10 to my 1.

    image
  • numonebuyernumonebuyer Posts: 2,136
    The implications are far-ranging to say the least. I do not believe Heritage should be allowed to register that set.
  • DatentypeDatentype Posts: 1,677 ✭✭✭
    MrPlatinum, you seem to be "my kind of people" out there. By the way, triplexotica is the badest ass name out there, even better than Wondercoin!

    Now Russ, on the other hand, you do not seem to be too intelligent and if I were to take the MrPlatinum approach to the comment about me closing auctions early. hah, "I make too much damn $ to deal with you idiots on these baords" then that would partially explain why i did not close down the 89-d Roosey in 8FB that you are reffering to. by the way, it was about a year ago, so let it go you friggen loser! i don't need to justify why i closed it down but i had a real good reason and I have promised to keep it to myself.

    So Russ, go wipe your arse and wash your hands - you used to be a nice guy but you have gone crazy this past year. Take a look at yourself man!
  • FairlanemanFairlaneman Posts: 10,426 ✭✭✭✭✭
    No friggin comment...image

    Shucks just one. Did the owner register the set or did Heritage ? If the owner registered the set I retract my first response. If Heritage registered the set it looks to be the same darn thing that David Lawrence did on the NGC site with the collection they have or are auctioning. If dealers and Auction houses can get away with this what is the Fun Portion of the Registries for smaller collectors as far as the rankings. A load of Bunk IMO.

    Ken
  • BNEBNE Posts: 772
    But it's a real set. Assembled by a real collector. Should PCGS get into the question of one's motivation for listing and ding sets registered for a "too-mercenary" purpose? That's a perilous road. . . .
    "The essence of sleight of hand is distraction and misdirection. If smoeone can be convinced that he has, through his own perspicacity, divined your hidden purposes, he will not look further."

    William S. Burroughs, Cities of the Red Night
  • WoW I have a fan club all of a sudden, thanks for the kind comments!

    Mitch is a cool guy, maybe he should market some of my 70's that I refuse to post on eBay what for?


    Ok back to Russ the sphincter just to have fun, I've taken the time to crack the top 20, tomorrow #19 will fall and by the end of the Baltimore show (if I have time) I'll be in the top 15, heck I may even buy your boyfriend's set for 8k cash just to put you in your place, soon your #3 set will be #4, and maybe I'll do to the Kennedy (short) set the same thing I did last year when someone said I could not have the top 5 spots in platinum $10's Try doing what I did Russ.
  • BJBJ Posts: 393 mod
    Hi Everyone,

    To further explain our policy, which I might add has been enforce since day one, we allow dealers to post coins in the Registry. In fact, we have many, many dealers with registered sets. The Registry is and always will be for everyone. Futhermore, we also allow dealers to act as agents for customers who wish to remain totally anonymous. Here is the policy in the RULES section of the Registry:

    In order to list your set as current, you must own the coins you are listing or be an agent with permission to represent a collection.

    Heritage has not broken any rules. Nor has Pinnacle, Wondercoin, Superior, Legend and many other dealers who have posted sets either for themselves or on behalf of their clients.

    On the other hand, we do not allow anyone to say that the set is for sale or to list prices within the the Registry website.

    I hope this explains our position. Please let me know if you have any further questions.

    P.S. Russ, MrPlatinum and a few others, could you lighten up with the potty talk? Thank you, guys!


    BJ Searls
    bsearls@collectors.com
    Set Registry & Special Projects Director
    PCGS (coins) www.pcgs.com
    PSA (cards & tickets) www.psacard.com
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Should PCGS get into the question of one's motivation for listing and ding sets registered for a "too-mercenary" purpose? >>



    BNE,

    No, they shouldn't. However, when the set description consists primarily of an advertisement for an upcoming auction? Apparently, that's also okay. I have no problem with it as long as PCGS has no problem with it. It's their site to do with as they please. I simply asked for clarification.



    << <i>So Russ, go wipe your arse and wash your hands - you used to be a nice guy but you have gone crazy this past year. >>



    Yep, Datentype, I was cool when I was defending you against Redcents. The only thing that has changed is that I finally woke up and figured out that he was right about everything he accused you of.

    Russ, NCNE
  • Hey BJ you forgot my name what about me image
  • Hi Bj,

    Russ will always be a potty talker, he should take more time working on his personal hygiene than posting over 40 times a day, he'll go past 100 times a day if I keep egging him on, think of it as cheap (compucheap) entertainment BJ.

    No hard feelings on my end.

    If find it funny to watch this pompous ass post the way he does, I have yet to see him post something positive or constructive since I started checking things out on here
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Ok back to Russ the sphincter just to have fun, I've taken the time to crack the top 20, tomorrow #19 will fall >>



    That means you're almost up to my "leftovers" set. You the man! image



    << <i>heck I may even buy your boyfriend's set for 8k cash just to put you in your place, soon your #3 set will be #4 >>



    Quit jabbering and just do it already. Talk is boring.



    << <i>Russ will always be a potty talker >>



    Tell me, Pudge, do you even read the garbage you post?



    << <i>P.S. Russ, MrPlatinum and a few others, could you lighten up with the potty talk? >>



    BJ,

    I simply responded to unprovoked attacks. I'm not going to take crap of these toadies.

    Russ, NCNE
  • <<<<< simply responded to unprovoked attacks. I'm not going to take crap of these toadies.>>>>>


    Geez let's see who has attacked me for over 2 years non stop?

    So how does it feel for me to go on the offensive for once?



    Don't worry Russ your set will fall, I prefer to make my own coins that way I have the satisfaction knowing that is something I worked for.

    It's easy to open up a wallet and say f' it here you go, but it's much harder to make the grade.

    Thankfully, it's only costing me less than 20 bucks a set (average) x's how ever many sets I can find to do it,and not the $850+ per ounce it's going to cost to look at more platinum coins.

    Come on Russ buy the number #1 set (oops) cant afford it can you?
  • The changes made by BJ make it almost acceptable.



    << <i>The JFS Collection is represented by Heritage Numismatic Auctions. For information about this set, email Heritage's President, Greg Rohan, at Greg@HeritageGalleries.com. >>



    There is NO mention of it being for sale (or auction) or even 'available'. This is a considerable improvement over what others have interpreted as being the rules.

    Thank you BJ!

    .
    .
    .

    Now for the rest of the thread -

    Russ and MrPlatinum:

    You are both acting like annoying children.

    Russ, you don't know how to simply ignore a blowhard and get pulled into senseless arguements.

    MrPlatinum, if your money can buy you happiness more power to you. The rest of us get our kicks via other means. In most cases, money can buy you most anything you want but it seldom makes anyone a better person.

    .
    .

    So, anyone know where I can pick up a pretty Barber quarter?
  • Remember this will be a 16 year old boy that does it on his own merrits from now on.

    I've helped him crack the top 20, that's as far as I go.

    He does have a rather nice bank account he can do as he pleases, I'm out of this for now.

    Russ go wash your sphincter something smells really bad around here. image at least my sets do not sound like I POOT AD (redneck accent)
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