Certainly a thought provoking thread. The one thought that is foremost in my mind at the moment relates to the comment RC just made. Take control of your registry. If the collectors here who have a registry set really disagree with decisions being made by PCGS re. required coins etc take some action!! Delete your set and let those in positions of power i.e Rick Montgomery, know why you are taking your action.
I have to believe that if a large number of superb sets start being withdrawn, PCGS will pay more attention to the thoughts of the people who own the sets. Just remember, just because your set isn't on the Registry doesn't diminish it's quality and worth.
Talk about conspiricies, for a little while there I was starting to wonder if the mysterious HighDesert and Wondercoin were perhaps one and the same individuals...think about it.
Mitch starts this obviously controversial thread and then steps back to watch the action.
If the result is a resounding "No, that's not fair", then HighDesert goes away in shame, with Wondercoin the hero for exposing his dasterdly deeds and saving us all. High's coins are secret, so Wondercoin (the actual owner) could sell them, or create a new ficticious collector to register them over time.
On the flip side, if the consensus is "Sure, all's fair", then Wondercoin has got some people thinking and has opened up a new market for his business.
Now, I don't really think this is true, but stranger things have happened...
So, Mitch - just for the record, could you confirm for the board that you are not the mysterious HighDesert? Inquiring minds want to know
Gary, how is the fact that one coin can be registered in all the sets in which it is a required coin related to someone registering a coin they do not own? I can see no problem with having a top notch collection of some series, and using one of these coins in a type set instead of requiring the collector to purchase another coin. Or in the case of the type sets, where the 1959-Date is a subset of the 1900-date which is a subset of the complete set, being able to register the same coin in each of these sets. This is not remotely similar to "leasing" of coins. Of course, my opinion is that if the coin exists, then it should be allowed to be registered. I do not think you should be able to get a stack of inserts and register them (which can be done, and never be policed), or go online and find numbers from scans of coins being sold by others. Of course, the whole registry concept is just a game. People will always find ways to play the game in different ways.
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
It has definitely been an interesting debate and I don't yet know which side I fall on. I do believe that it's no one elses business how you finance your collecting habit, but also must admit that when it looked like HD was leasing coins, I felt kind of cheated. I still remember that brief glimpse he gave us of the Modern Type Set and it was stunning. I'm very relieved to find out that this isn't true (hopefully). Why some are so offended by the way this issue was embarked upon... GET OVER IT!
This is definitely a topic we need to get PCGS involved in.
How about requiring the top five Registry Sets in each category be submitted for mandatory pedigree? That would certainly make things difficult for any persons registering cert numbers only. You would have to physically submit the coins for pedigree and the Lessor would probably not be enthused about having "their" coin out or with someone else's pedigree on it (leased or not). Thoughts? Opinions?
And before full blown coin type McCarthyism takes hold, for the record I swear that I do not now have a coin in a Registry set nor have I ever had a coin listed in a Registry set that I didn't own/possess (except while in transit). (This is the point where everyone steps back and smiles a bit.)
On a serious note, I am against registering any coin/certificate number to a Registry set that is not owned outright by the collector.
"So, Mitch - just for the record, could you confirm for the board that you are not the mysterious HighDesert? Inquiring minds want to know"
Ken: Remember, I first confirmed I was not Registrycoin, but with his #1 Silver Commem set (check it out), I did dream what it would be like
Now, I will confirm I am not HighDesert. But, with his sets (oh my God, check those babies out), what if I were! Wouldn't that be just lovely!!
No, back to reality. I am the guy with the missing box of MS66 Ikes and (12) PR70DCAM Kennedys I keep talking about, but can't deliver to any forum members!!
Wondercoin.
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Sorry wondercoin, we cannot check out HD's sets. They are all locked, so I guess we will just have to take your word for it? Do we take it you know exactly what they consist of?
Collector and Researcher of Liberty Head Nickels. ANA LM-6053
I think it was ludicrous that the idea of "leasing" rights was even being debated. As if that could even possibly be a legitimate option. Give me a big fat f$&%*)@ break! Probably not as big a joke as these guys made it out to seem, such a practice would not surprise me at all given the current state of Registry hysteria. Many of the top players have complex, manipulative relationships and nothing at all will stop them in their quest for the PCGS Holy Grail.
I urge anyone, before you get in too deep to take a step back, breath deeply, and remember how much fun it used to be to collect coins, not labels.
Moral dilemma? This is no moral dilemma. Anybody that has a difficult time answering this question (that it's absolute wrong) has totally lost sight of the essence of what coin collecting is all about...the enjoyment and appreciation of the pieces of art and history we call coins. Do you sit for hours staring at slab labels through your loupe or the coins in the slab?
The start of this thread is now being passed off as a clever way to get the point across that this practice is not prohibited by PCGS registry set rules. We'll never know for sure but it sounds to me like the same excuse I hear when I've caught one of my kids about to do something they know in their heart of hearts is wrong but they start down the path just to test my reaction ... "Oh I was just kidding dad."
The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
MS67PLUS vouches for HD and every coin he has registered in his many sets all belong to him. HighDesert & wondercoin are the same person.
HighDesert/wondercoin whatever I feel like I have been played for a fool, what a sorry way to bring up your point. Why didn't you simply raise the issue in a thread without all the BS? In the meantime there are 2 MS-67s on Teletrade that I'm not bidding on because of this stupid thread and why should I spend my hard earned money when others are renting their coins?
It's not wrote in stone but the Registry Set started out as a finest collection of coins a collector had, not the assimilation of highest numbered inserts you could find and enter on a website. I also collect highest grade coins for sets that are not even listed in the Registry; I do this for my personal collection, not the fame and glory of seeing my name but this mess has made it hard on me. I can't even get a highest graded coin anymore because the Registry dealers and collectors and hoarding them to keep others from competing against them. It's more a conspiracy than a hobby! Collectors and dealers pay ungodly amounts for these coins and hold them ransom (that's their business, they can buy all they want) and just sit on them when others can be enjoying them. I think maybe I'll just delete my puny Registry Sets and get back to the basics of coin collecting. This is starting not to be fun.
Change that we can believe in is that change which is 90% silver.
Well I just read this entire thread and I might as well add my two cents. I received an email last week from the PCGS Registry that someone was trying to register a coin that was in my Modern $5 Registry set. I checked my inventory and saw that I sold an MS-70 $5 commem that I had registered. I immediately replaced the coin in the Registry Set with an MS-69. They thanked my for my quick response and action. So PCGS does follow up if someone tries to register the same coin but they have no way of knowing who really owns the coins. I've had cert. numbers ripped off from eBay! Every coin I have is for sale and I am sure I will be replacing more coins in my Registry Sets down the road. Happy New Year Bobby
Robert B. Lecce President: Robert B. Lecce, Numismatist, Inc. Est. 1955. WWW.RAREUSGOLD.COM Modern Commems. 1982 to Date. PCGS MS69/70 and PR69/70DCAM. PF. Gold and Silver Eagles. Rare Gold 1795-1933. Cal. Fractional Gold. Email your needs.
I think the way in which this debate was started shows a remarkable lack of maturity. It could have been approached in a more sensible manner, without raising the blood pressure of everyone who read it until it was revealed "HA! The joke's on all of you suckers that were taken in by it!" It's in EXTREMELY poor taste, and shows no consideration for the other members. I will not deal with the perpetrators of this hoax, regardless of the validity of the point they were trying to make.
If there are sound reasons to suspect improprieties, perhaps PCGS could require all of the owners of the top 5 (or 10, or whatever) sets to ship them to PCGS for verification and pedigree at the same time (at PCGS's expense) with just a week's notice, or their set will be dropped from the registry. This would, of course, have to be a condition agreed to before entering a set in the registry; owners of existing sets would also have to agree to it, or delete their sets. It's a shame that such tactics should even have to be considered as a possibility, but there should be some mechanism to discourage people from abusing the system.
Out of the various scenarios outlined by Mitch, the one that seems most likely is the one where a coin is broken out of a slab, the cert sold to a registry owner, and the coin being resubmitted. There is absolutely nothing to prevent the same coin from being resubmitted an endless number of times. As long as the coin keeps coming back in the same grade (or higher), the owner could have a profitable business selling certs at the cost of slabbing + $x.
I think the requirement to have coins pedigreed is a great idea, but in the case of a coin being cracked out after registration of its cert. number, does not address that the coin when cracked out and resubmitted comes back with a new number to certify and register.
Since when did Dec. 31st turn into April 1st? Secondly, I don't like being a pawn- I'd much rather be the rook. Also, next time Wondercoin you go for the reach-around, how about buying dinner first?
While I think Wondercoin and High Desert bring up valid points for discussions, I feel the way in which they accomplished it leaves a lot to be desired. And I also think ModMan was correct when he said
“If it ends up being a joke- it's an unacceptable one. Be honest: If I had started this thread I'd be facing a flame war (and, deservingly so).” Wondercoin- Not fun. Not funny
The group would have had roasted him. I guess I am getting to old for these kinds of jokes or lessons?
"HighDesert/wondercoin whatever I feel like I have been played for a fool, what a sorry way to bring up your point. Why didn't you simply raise the issue in a thread without all the BS?"
Dog97: A straightforward question deserves the same answer. Yes, in retrospect it would have been better to "raise the issue in a thread without all the BS". The "dramatization" in a sense obviously did not get across the way it was intended to. I must assume you and especially TomB have never made a error in the way you decided to present a point on these boards. Of course, judging from your comment (which I actually value), the manner in which this was raised did not effectively get the point across. I guess this is a perfect example of throwing out the "babies with the bathwater" But, if the presentation format was a mistake, I'll learn from it. I won't curse or threaten folks, etc.
And, while I have exchanged IM's with HD, I have never personally met him. Happy New Year Dog97 and fellow forum members. Wondercoin.
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Wondercoin whatever error TomB and I have made really doesn't matter since we are not a big time marketmaker & dealer like you and what you had posted really cast a shadow on the integrity of the Set Registry and these high priced modern PCGS coins you sell. It had the wrong effect on me, it got me all worked up for NOTHING, now I don't have my MS-67 SBA and the seller would have made more than $110 & $95 dollars if I hadn't been stewing about the Registry being crooked. Please leave the drama to Truthteller on the US Board. This has only disillusioned me further.
Change that we can believe in is that change which is 90% silver.
Steve, good point. It was like "War of The Worlds". Only issue I have is this is NOT theater. This is not a dramatization. This is you and I in a hobby we both enjoy. Do I need Coin Lessons? Sure. Do I need them presented in such a way the 'Teacher' begins to lose credibility? No.
I wouldn't treat a child this way. I don't think you would either.
I don't really appreciate you working me up for NOTHING. Several days ago a joke was made about this very thing on another board and I got slamed by Coincobbler of all people for my remark. So I'm thinking if Cobb slams me the Registry guys are going to really kill me so I edited my post 5 minutes later as not to make what I felt were disreputable remarks toward the Registry. Now I feel like a prude for worrying about it! This is an unfortunate thread because all the coin rags and other grading companies and many lurkers read these boards and now they feel trouble in PCGS land and will avoid it.
But since you open this can of worms let me ask: Have you dealers priced coins out of range of the normal collectors and are turning to rental/lease property to make up revenue? Have the buyers of these high priced former pop 1 & 2 coins realized they have made a mistake spending thousands for a coin they can only sell for hundreds now and need to get cash back, thus renting/leasing? Has the Registry craze peaked and the only coins being sold are the $100-$200 coins for the Modern Type? Are collectors finding it's not as hard as they have been led to believe to make high grade coins and they are making their own now? (lots of new 68s & 69 now and the quality supposedly went downhill with the State 25¢ rush on) Why is RegistryCoin asking about combining sets? Are you dealers trying to cook up some new money making scheme? Instead of buying a $40,000 set a collector can pay you guys who will combine your or your customer's (is there a difference?) sets and rent him a spot in the top 5?
I do not ask this to be inflamatory but I do see that the Top 3-5 spots are locked in for most catagories with coins that were grossly overpaid for when they were low pop coins which now regulary sell on eBay and Teletrade for lots less, the same big name guys have the same coins in most of the sets and the regular collectors are using lower grade coins to complete their sets, which they are making themselves or buying off eBay for less than the cost of slabbing.
It would be hard to prove renting/leasing in the first place and the ethics are unknown since this is new ground. It's also a new and ingenious way to squeeze more $$ from a thin market. It's a brilliant idea, I wish I had thought of it. I don't have to worry bout jail and the big money guys don't care as long as they get their precious coin # to enter on the website. However a word of warning: If the normal Joe Smoe Collector doesn't stand a chance to compete in the Registry because he can never move up or afford to since the same dealers keep their guys at the top as long as the money flows people will lose interest in the Registry and you will have killed the goose that laid the golden egg.
Maybe this is what the big boys want, they can afford to lose their money when the market crashes and then they will be all alone at the top in their exclusive little club. Us little guys have caused the nice coins to be searched out and located and who buys them for next to nothing when we quit?
Change that we can believe in is that change which is 90% silver.
Mitch: TomB (bless his heart) already copied and pasted your original thread for all to see. It's on the first page and is 12 posts down from your first one.
My only problem with this whole thread was the fact that I have respect for both WC and HD. For the life of me I could not bring myself to believe HD would lease coins or WC would slander someone with information from an unreliable source. You guys really tore me appart with this one.
Amen, Dog97. You have said exactly what I've been thinking for the last couple of months. The hoarding or speculation(what I thought) stinks. I never brought the issue up because I am a new collector and had neither the experience or reference points to clearly state was obvious as I watched the bidding for MS66 Ikes. I am not a registry participant or state quarter collector but the state quarters drew me into coin collecting.
The same people usually bid on and win the same MS66's when they come up for bid on Ebay. At first I thought they were dealers and they still may be, but I am not buying. I will keep my low grade Ikes and wait for this speculation to burst. For example, there is a MS66 Ike up on ebay now that was bought from A.W. in October with a 50.00 markup from the price that was paid to A.W. There are not that many Ike registry set participants to need the whole 160 something or more of 74D MS66 Ikes.
Sorry about about the length of this little diatribe but this has been bugging me for months. I will now shut up and listen(as I usually do unless I have a question).
"---HighDesert does not lease coins (usually!)" Is this HD's denial that he doesn't lease coins? The "usually" isn't helping the situation out any. I'm sure alot of people, including myself, now believe that some of the PCGS Registry coin sets may contain some "leased" coins. It's not against the rules, now is it?
Since all we are getting is tidbits and tantilizers of information I assume High Desert is not a real person but an entity consisting of the highest graded modern coins that Wondercoin has scouted out and is holding for his customers?
Change that we can believe in is that change which is 90% silver.
What an interesting example of a chat/board soap opera. Say what you will about the whole affair and the justification for it, but as far as I'm concerned its yet another example of the arrogant and juvenile attitudes some of you have. There is a story about a boy crying wolf, it applies here as well. If nothing else its a great case study of the human drama and the incredible needs some people have to be in the center of the limelight.
Enjoy what limelight shines on you two; you paid for it with your honor and judging from many of the posts above, quite a bit of it. I know I'll take any of your future posts with about the same merit as the 50 or so other little boys that pop onto the boards asking for handouts now and again.
This action is just another reason why I refuse to subscribe to the Registry sets because I can't figure out who is the better con: PCGS for coming up with a marketing masterpiece or the man-boys who feed off it for attention.
I'm off my soap box now and I'll return to reading threads of meaning. Good Day.
A strange soap opera indeed! Non-registry participants such as Modman TomB and jdwarren generate many replies yet the big dealers remain strangly silent in answering my valid questions.
Change that we can believe in is that change which is 90% silver.
Comments
I have to believe that if a large number of superb sets start being withdrawn, PCGS will pay more attention to the thoughts of the people who own the sets. Just remember, just because your set isn't on the Registry doesn't diminish it's quality and worth.
Greg
Talk about conspiricies, for a little while there I was starting to wonder if the mysterious HighDesert and Wondercoin were perhaps one and the same individuals...think about it.
Mitch starts this obviously controversial thread and then steps back to watch the action.
If the result is a resounding "No, that's not fair", then HighDesert goes away in shame, with Wondercoin the hero for exposing his dasterdly deeds and saving us all. High's coins are secret, so Wondercoin (the actual owner) could sell them, or create a new ficticious collector to register them over time.
On the flip side, if the consensus is "Sure, all's fair", then Wondercoin has got some people thinking and has opened up a new market for his business.
Now, I don't really think this is true, but stranger things have happened...
So, Mitch - just for the record, could you confirm for the board that you are not the mysterious HighDesert? Inquiring minds want to know
Ken
This is definitely a topic we need to get PCGS involved in.
madmike
HighDesert posted on December 31, 2001 5:00 pm.
How about requiring the top five Registry Sets in each category be submitted for mandatory pedigree? That would certainly make things difficult for any persons registering cert numbers only. You would have to physically submit the coins for pedigree and the Lessor would probably not be enthused about having "their" coin out or with someone else's pedigree on it (leased or not). Thoughts? Opinions?
And before full blown coin type McCarthyism takes hold, for the record I swear that I do not now have a coin in a Registry set nor have I ever had a coin listed in a Registry set that I didn't own/possess (except while in transit). (This is the point where everyone steps back and smiles a bit.)
On a serious note, I am against registering any coin/certificate number to a Registry set that is not owned outright by the collector.
Actually, they posted the exact same post within 1 minute of each other.
Ken: Remember, I first confirmed I was not Registrycoin, but with his #1 Silver Commem set (check it out), I did dream what it would be like
Now, I will confirm I am not HighDesert.
But, with his sets (oh my God, check those babies out), what if I were! Wouldn't that be just lovely!!
No, back to reality. I am the guy with the missing box of MS66 Ikes and (12) PR70DCAM Kennedys I keep talking about, but can't deliver to any forum members!!
Wondercoin.
1) Thank you for bringing to my attention a serious potential flaw in the Registry Set program.
2) Shame on you both for having to utilize the methods you did to get your points across!
A new member who is now a little wiser and a lot more cynical...
MarkJude
Mark's Mattes
Mark's Cameo SMS Set
Mark's Non-Cameo SMS Set
I urge anyone, before you get in too deep to take a step back, breath deeply, and remember how much fun it used to be to collect coins, not labels.
Happy New Year!
The start of this thread is now being passed off as a clever way to get the point across that this practice is not prohibited by PCGS registry set rules. We'll never know for sure but it sounds to me like the same excuse I hear when I've caught one of my kids about to do something they know in their heart of hearts is wrong but they start down the path just to test my reaction ... "Oh I was just kidding dad."
MS67PLUS vouches for HD and every coin he has registered in his many sets all belong to him.
HighDesert & wondercoin are the same person.
HighDesert/wondercoin whatever I feel like I have been played for a fool, what a sorry way to bring up your point. Why didn't you simply raise the issue in a thread without all the BS? In the meantime there are 2 MS-67s on Teletrade that I'm not bidding on because of this stupid thread and why should I spend my hard earned money when others are renting their coins?
It's not wrote in stone but the Registry Set started out as a finest collection of coins a collector had, not the assimilation of highest numbered inserts you could find and enter on a website. I also collect highest grade coins for sets that are not even listed in the Registry; I do this for my personal collection, not the fame and glory of seeing my name but this mess has made it hard on me. I can't even get a highest graded coin anymore because the Registry dealers and collectors and hoarding them to keep others from competing against them. It's more a conspiracy than a hobby! Collectors and dealers pay ungodly amounts for these coins and hold them ransom (that's their business, they can buy all they want) and just sit on them when others can be enjoying them. I think maybe I'll just delete my puny Registry Sets and get back to the basics of coin collecting. This is starting not to be fun.
I received an email last week from the PCGS Registry that someone was trying to register a coin that was in my Modern $5 Registry set. I checked my inventory and saw that I sold an MS-70 $5 commem that I had registered. I immediately replaced the coin in the Registry Set with an MS-69. They thanked my for my quick response and action. So PCGS does follow up if someone tries to register the same coin but they have no way of knowing who really owns the coins. I've had cert. numbers ripped off from eBay!
Every coin I have is for sale and I am sure I will be replacing more coins in my Registry Sets down the road.
Happy New Year
Bobby
President: Robert B. Lecce, Numismatist, Inc. Est. 1955.
WWW.RAREUSGOLD.COM
Modern Commems. 1982 to Date. PCGS MS69/70 and PR69/70DCAM.
PF. Gold and Silver Eagles. Rare Gold 1795-1933. Cal. Fractional Gold. Email your needs.
If there are sound reasons to suspect improprieties, perhaps PCGS could require all of the owners of the top 5 (or 10, or whatever) sets to ship them to PCGS for verification and pedigree at the same time (at PCGS's expense) with just a week's notice, or their set will be dropped from the registry. This would, of course, have to be a condition agreed to before entering a set in the registry; owners of existing sets would also have to agree to it, or delete their sets. It's a shame that such tactics should even have to be considered as a possibility, but there should be some mechanism to discourage people from abusing the system.
Out of the various scenarios outlined by Mitch, the one that seems most likely is the one where a coin is broken out of a slab, the cert sold to a registry owner, and the coin being resubmitted. There is absolutely nothing to prevent the same coin from being resubmitted an endless number of times. As long as the coin keeps coming back in the same grade (or higher), the owner could have a profitable business selling certs at the cost of slabbing + $x.
Anybody else have any CONSTRUCTIVE ideas?
Jim
Also, next time Wondercoin you go for the reach-around, how about buying dinner first?
“If it ends up being a joke- it's an unacceptable one. Be honest: If I had started this thread I'd be facing a flame war (and, deservingly so).”
Wondercoin- Not fun. Not funny
The group would have had roasted him.
I guess I am getting to old for these kinds of jokes or lessons?
Dog97: A straightforward question deserves the same answer. Yes, in retrospect it would have been better to "raise the issue in a thread without all the BS". The "dramatization" in a sense obviously did not get across the way it was intended to. I must assume you and especially TomB have never made a error in the way you decided to present a point on these boards. Of course, judging from your comment (which I actually value), the manner in which this was raised did not effectively get the point across. I guess this is a perfect example of throwing out the "babies with the bathwater"
And, while I have exchanged IM's with HD, I have never personally met him. Happy New Year Dog97 and fellow forum members. Wondercoin.
Dog97: Yes, NOTHING is the key word in that sentence. Shutting up a few loopholes will even make the Registries better in the longrun!
And now, in the spirit of "Orson Welles", time for food and drink.
Do I need Coin Lessons? Sure. Do I need them presented in such a way the 'Teacher' begins to lose credibility? No.
I wouldn't treat a child this way. I don't think you would either.
Steve, and all others: have a happy and SAFE New Year's eve!
MM
But since you open this can of worms let me ask:
Have you dealers priced coins out of range of the normal collectors and are turning to rental/lease property to make up revenue?
Have the buyers of these high priced former pop 1 & 2 coins realized they have made a mistake spending thousands for a coin they can only sell for hundreds now and need to get cash back, thus renting/leasing?
Has the Registry craze peaked and the only coins being sold are the $100-$200 coins for the Modern Type?
Are collectors finding it's not as hard as they have been led to believe to make high grade coins and they are making their own now? (lots of new 68s & 69 now and the quality supposedly went downhill with the State 25¢ rush on)
Why is RegistryCoin asking about combining sets? Are you dealers trying to cook up some new money making scheme?
Instead of buying a $40,000 set a collector can pay you guys who will combine your or your customer's (is there a difference?) sets and rent him a spot in the top 5?
I do not ask this to be inflamatory but I do see that the Top 3-5 spots are locked in for most catagories with coins that were grossly overpaid for when they were low pop coins which now regulary sell on eBay and Teletrade for lots less, the same big name guys have the same coins in most of the sets and the regular collectors are using lower grade coins to complete their sets, which they are making themselves or buying off eBay for less than the cost of slabbing.
It would be hard to prove renting/leasing in the first place and the ethics are unknown since this is new ground. It's also a new and ingenious way to squeeze more $$ from a thin market. It's a brilliant idea, I wish I had thought of it. I don't have to worry bout jail and the big money guys don't care as long as they get their precious coin # to enter on the website. However a word of warning: If the normal Joe Smoe Collector doesn't stand a chance to compete in the Registry because he can never move up or afford to since the same dealers keep their guys at the top as long as the money flows people will lose interest in the Registry and you will have killed the goose that laid the golden egg.
Maybe this is what the big boys want, they can afford to lose their money when the market crashes and then they will be all alone at the top in their exclusive little club. Us little guys have caused the nice coins to be searched out and located and who buys them for next to nothing when we quit?
Whoops?
DON'T DO IT AGAIN!
09/07/2006
The same people usually bid on and win the same MS66's when they come up for bid on Ebay. At first I thought they were dealers and they still may be, but I am not buying. I will keep my low grade Ikes and wait for this speculation to burst. For example, there is a MS66 Ike up on ebay now that was bought from A.W. in October with a 50.00 markup from the price that was paid to A.W. There are not that many Ike registry set participants to need the whole 160 something or more of 74D MS66 Ikes.
Sorry about about the length of this little diatribe but this has been bugging me for months. I will now shut up and listen(as I usually do unless I have a question).
Collecting Dollars
Is this HD's denial that he doesn't lease coins? The
"usually" isn't helping the situation out any. I'm sure alot
of people, including myself, now believe that some of the PCGS
Registry coin sets may contain some "leased" coins. It's not
against the rules, now is it?
Enjoy what limelight shines on you two; you paid for it with your honor and judging from many of the posts above, quite a bit of it. I know I'll take any of your future posts with about the same merit as the 50 or so other little boys that pop onto the boards asking for handouts now and again.
This action is just another reason why I refuse to subscribe to the Registry sets because I can't figure out who is the better con: PCGS for coming up with a marketing masterpiece or the man-boys who feed off it for attention.
I'm off my soap box now and I'll return to reading threads of meaning. Good Day.
Pro Deo Et Patria