Registry Abuse?
tradedollarnut
Posts: 20,162 ✭✭✭✭✭
Check this out:
DRRC Seated Dollar set
He just registered in most of the dollar categories. At best it's advertising in one's Registry set, at worst it's listing inventory for sale in the Registry!
DRRC Seated Dollar set
He just registered in most of the dollar categories. At best it's advertising in one's Registry set, at worst it's listing inventory for sale in the Registry!
0
Comments
Get a rope!
I think the description goes over the line and ought to be removed. If you want to sell material, use the BST forum.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
Ken
The guy buys and sells tough seated dollars.
I put in my registry set descriptions that I'll buy tougher dates/coins. I do not advertise for sale there nor a web site (maybe that's pushing it), but if someone gets to read his description of his set, they have a clear interest in this series.
Just my opinion!
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
Buying and Selling Policy
The PCGS Set Registry is to be used to list collections of coins. By the sheer nature of the Registry, items listed are invariably bought and sold. However, using terminology such as "for sale or trade," "auction0205," or listing an item with a price is not permitted. The Set Registry is self-policing. Should you see an infraction of this policy, please report it to setregistry@collectors.com.
Mike
idocoins
Doesn't look good to me. Just a hunch, but I don't think these coins were registered in the true spirit of the registry if they are for sale in the person's inventory.
<< <i>Looks ok to me. AS TWQG said, has this been changed since TDN started this thread? >>
Yes.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
Well, I guess the true spirit of the registry has been divined.
It's certainly difficult to get all the coins together why not selling any, and climb the heights of the registry. And if a dealer should accumulate all the coins needed at one time for a top registry set in a highly competitive area, why not get the credit for it?
What DRRC offers is a patchwork of various grades and coins, and is far from a "set" at this point...and likely never will be. No need to worry imo.
roadrunner
Commems and Early Type
I own the coins.....inventory or collection....what's the difference???
I don't see any harm in listing my coins on the PCGS registry.
Have I offended anyone or hurts someone's feelings???
Please let me know.....I'm not in this business to create enemies. This is about enjoing a hobby.
Have a great day.
Don Rinkor at DRRC
Check with BJ - she'll tell you exactly what you did wrong. Your first clue might be that she edited out your 'advertisement' in the set description linked on the first page.
IMO, the Registry is for bonafide sets of coins - not for dealers to enter their ever fluctuating inventory as a way of advertising their wares. How cheesy!
I think the difference between an "inventory" and a "collection" is maybe straightforward:
An inventory consists of items that you plan to sell in the foreseeable future, often as rapidly as possible. It is not possible to complete an inventory because there is no plan or goal defining what would make an inventory complete.
A collection consists of items that you plan to hold for some period of time, not try to sell. The amount of time the person plans to hold the coins might differ from person to person, but there is no attempt to sell the items as rapidly as possible. A collection also has some thought lying behind it about the ultimate goal, so it is possible to think of completing a collection or moving a collection closer to completion.
That said, I concur with TDN's comment about cheesy and I also concur with RC's welcome. I hope you stick around these boards.
Mark
Thanks for your comment.....I have to agree with you to a point, but the definition of collecting is "Collecting is a hobby consisting of the acquisition of items of a particular category and organizing or displaying them. These collections are often highly organized and carefully cataloged." A quote from Websters. An inventory is similar with the intent to sell....but all collections are eventually marketed to sell. An inventory is a collection for the purpose of selling....you still have to collect them....if you know what I mean.
As far as PCGS's opinion about the subject....."Although we do encourage dealers to list their collections in the Set Registry, and in fact, many do, we do not allow advertising of any kind." A quote from BJ regarding my listing the sets a week ago. I certainly understand their position.
I don't see this as being cheesey....though I do like cheese !!!!!! Cheese burgers, cheese pizza, and cheese on my salads :>
I'm not looking to cause any harm. I'm proud of the coins I have in my inventory or collection....either way. I see no harm in listing them, though I'm aware that some will disagree.
Still seems like a lot of fuss about nothing.
Best regards,
Don
Many of my Registry customers, none of whom are dealers, are often approached with an offer to buy a particular date or two. If the price was enough of an inducement, some have sold some of their dates.
Don owns them, he can list them in the Registry and sell 'em if he wishes. They are HIS dollars, after all!
Ira
The issue was not that the coins were simply listed as a collection. Instead, the description of the set was that it was simply a list of coins for sale. I think it's a big difference.