I have once again vaccilated on my philosophy about the Registry and chosen to...

saintguru

BLOCK my set!

I don't know why...I really like to share what I have worked so hard on...and are, IMO, very nice coins.

I had a discussion with a very respectable and wise advisor who suggested strongly, that in the long run, the "mystique" of the set creates more excitement when you go to sell them. I can't say that I fully understand the logic, nor do I agree with it, but I like zig-zagging so I did it anyway.

Aren't great coins meant to be shared like great art? What about the possibility that if dealers and collectors have seen the coins and covet some of them having the same effect as the "mystery" coin thing? Is there anything detrimental to showing the set?

I do NOT buy into the "hostage" coin scenario. What I need is quite expensive and not the type of coin someone would typically buy on spec to "maybe" sell to me. I have never had anyone second guess what I need, because I spend more time upgrading than buying new dates.

ellewood

I don't know gold coins...but I have always associated YOUR NAME with them on the boards! To each his own I guess!

I had a discussion with a very respectable and wise advisor who suggested strongly, that in the long run, the "mystique" of the set creates more excitement when you go to sell them.

But you'll have to devulge the grades of the coins when you go to sell them anyway, right? And the prospective buyer(s) would want to view the set in person before they made an offer...which would make the "mystique" go away, correct??????

Didn't you just have your entire set photographed by TrueView? One would think that people (especially here on the PCGS site) would be more likely to drool over your collection for years...looking at such professional pics!!!!

saintguru

The pics are by Mike Printz...and I agree...as I said, I felt that sharing "art" is part of the joy of owning it.

The "mystique" theory is what my consult espoused. It's the "So THAT'S what he has!" thing he explained. What the hell do I know...it's all hypothesis anyway.

I just want to see what some good collectors think about the pro's and con's of the Registry in the context that I have laid out.

Thanks, E. (me...synonomous with gold coins...that's...kinda cool. )

ellewood

I'd really like to hear Stewart Blays reasoning as well...because he chooses to keep his sets closed. I think the younger less experienced collectors (like myself) sometimes look up to these sets and get a great deal of enjoyment out of seeing expensive coins in such high grades. It's frustrating sometimes when we can't see what "the guy at the top" has. But, as I said before, TO EACH HIS OWN.

Saint, now your sig. line defaults to the PCGS registry page...what fun is that?

P.S. I give you a month before you open her back up!

tradedollarnut

I felt that sharing "art" is part of the joy of owning it.

Don't fret over it .... ya seen one Saint, ya seen 'em all!

saintguru

Whatever you say Bruce. At least mine aren't puttied.

Saint, now your sig. line defaults to the PCGS registry page...what fun is that?

that's what happens when you block a set. Gimme a few days and I will change my mind!!

Stewart is a different bird...he is always thinking there's a conspiracy!! Just ask his girlfriend.

LincolnsRule

I think when it comes time to sell, having had your set open and registered since the start might help to show how much work and effort you put into the set, and how great a set it truly is.

saintguru

That was my thinking???

Ah crap....I'm opening it!

THANKS LR!!

tradedollarnut

mmmmmmm:

saintguru

I told you they are toned.

tradedollarnut

hmmmm - tonedsaintnut..... that has a nice ring to it!

saintguru

we welcome another buyer of BIG coins!!

MrEureka

If I played the game, I would absolutely block my set.

If people can see what you own, they can figure out what you paid for some of your coins. Armed with that information, they can better calculate the maximum price you will pay for a coin you need.

Also, blocking a set makes it more likely you will be offered many coins you don't need. Such offerings help you stay on top of the market, which will help you make smarter decisions on other coins that you do need.

braddick

Here's my $20. Gold Registry Set

Hey. You've got to start somewhere...

leothelyon

<< <i>That was my thinking???

Ah crap....I'm opening it!

THANKS LR!! >>



I was just going to alure to someone pulling the wool...........but IMO when a bidder needs to make a well informed decision on what's out there then you better have that info available. But on the other hand, many collections that come to auction have been private until the auction catalog arrives at your door. Whether these collections fair better than ones that have been published for some time, I have no idea!

Leo

saintguru

NICE collection Pat!!

TahoeDale

Saintguru,

If I am not mistaken, your set has been open for some time, with great pics. I even downloaded the set, with pics, to my computer, just to see if I could do it.

Since it was once in the public forum, without trademarks, copyrights, etc, it seems you are out of luck in trying to remove it now.

So anyone who wants to know what Jay needs, just PM me. We can hold him up.

For those who wish never to disclose thier sets, that's fine. I realize that some dates in various series may come too expensive, if the absolute need to fill the hole is there. I collect early $5 gold, and have not listed my set for that reason

But I may never find the 1806 pt 6 in 64, if I don't list it.

saintguru

I'm not intimidated Dale, nor do I care to trademark my set. I may be DONE for all I know. I have stated a number of times that my goal was never completion! It's to get the best possible coins I could find, even if it means replacing the same grade 3 or 4 times. I would put my set up to any in the current registry above me except JPK, who has gone for the extremely high grades which are clearly out of my reach.

But I welcome you to buy the dates I don't have...they start at ~75K....and hold me up.

What about MY 1806 pt 6 PCGS MS64??



You may hear me ask "Who's your Daddy" once you do it!

Oh...I have a new pic of my new 1909 coming from Mike Printz that you will need to download as well. I'll PM you when I get it.

saintguru

If people can see what you own, they can figure out what you paid for some of your coins. Armed with that information, they can better calculate the maximum price you will pay for a coin you need.

Only the ones that I chose by labeling them Morse or other name auctions. Anyway, what I paid is irrelevant. No one can calculate the maximum I will pay, because I pay minimums.

DMWJR

potstirrer!!!

BaronVonBaugh

I always felt that if you are going to play the registry game you should show your set. I really don't think it should be possible to hide your set. If you don't want people to know what you have don't list it! That's real easy.

saintguru

Damn....for a second I thought Baron Von Richtoffen was Stewart!! And I was shocked.

Now let's see what happens when he sees his avatar has been cuffed.

ellewood

Now let's see what happens when he sees his avatar has been cuffed.

I was thinking the same thing.

Saint,

Good to see you opened her back up. I really enjoyed looking at your coins. What I would do to just own ONE of those puppies!!!

saintguru

Thanks!

earlwbollinger

Well I do really love to see your set and others too.
Your set is a super fabulous one for sure.
But I suppose it really depends on the situation as to whether one would close it or not. So many things to consider.
I suspect the modern coin sets are the ones with the most problems in this area. But with modern sets that pop one coin may suddenly be less valuable if another one or more appears too.
With sets like yours, coins start easily getting into the six or seven figure range, so everyone already knows who owns what already. I do love to look and admire them.
Falbulous set, way to go.

saintguru

Earl...thanks..and you hit a good point..

With the toughest dates that have POP1-2-3 in better grades, I DO know where those coins are. But I realized when I started, that I am not going to have a $5MM set of POP 1 coins. I get as much satisfaction knowing I have the best of 11 MS65's in a particular date...and there are a few that I know that I do.

I am very competitive, but with coins I have managed to channel it to being competitive with myself...I have limits and I can't pay attention to the guys with deep pockets who can buy a coin for $250K and not give it a second thought. I have my expensive coins, but the cash has been spent to a degree and I could never buy another coin and feel great about what I have accomplished. It's MY passion.

It is so prevalent these days that collectors overlook the aesthetics of these beautiful coins that they OWN. I see every one of my 48 coins as a work of art, and I would not want to sell any one of them. We need more appreciation and less competition. Too many crappy coins are purchased in the name of the latter!

TONEDDOLLARS

I probally will never have the number one graded set, but I very well could have the number one overall eye appeal set
as judged by myself aqnd others. So what would be the sense in blocking it in my case. Collect what you like and do what you want, do not be sweighed by others. There are enough sheep in the world, step up and be your own person.

saintguru

Oh...I'm one of a kind!! I assure you of that!!

jpkinla

The beauty of this forum is you can spill out your guts and you don't have to sit in a chair and you don't have to cough over $250 an hour to do it!

The doctor is in......

coinguy1

<< <i>I do NOT buy into the "hostage" coin scenario. What I need is quite expensive and not the type of coin someone would typically buy on spec to "maybe" sell to me >>

Jay, someone need not buy or own a coin in order to offer it to you in a "hostage" scenario. Shots can be taken just as easily and aggressively by non-owners of coins, as they can by owners.

saintguru

Mark. You are correct...however every coin that I hypothetically "need" have come around in auction and I have not bought them. Because I don't value completion, my moves aren't easily calculated.

MrEureka

On further reflection, the Registry collectors have all the leverage. Sellers know that if they hold a coin hostage and don't make the sale, they probably won't get another chance. After all, odds are that the Registry collector is going to sell his coins within six months. Seems they always do.

saintguru

Sarcasm is a literary tool that can bite you in the ass.

STEWARTBLAYNUMIS

The reason I think there is a conspiracy is because there usually is a conspiracy.You should know that by now Jay.

Stewart

BECOKA

<< <i>On further reflection, the Registry collectors have all the leverage. Sellers know that if they hold a coin hostage and don't make the sale, they probably won't get another chance. After all, odds are that the Registry collector is going to sell his coins within six months. Seems they always do. >>



I would not say always. It would seem that many of the gold collectors of the last couple of years are long term. I would agree that people who fork out big bucks for modern regestries don't stay there too long. Especially because you never know when the top pops are going to get over populated.