No, we should not have to send our coins to PCGS for verification.
solid
Posts: 2,975
Here's my thoughts...
I've seen several people mention that a top set should be required to be sent in to PCGS for verification of ownership, pedigree, etc. This is a bad idea. I don't want to be forced into sending an expensive set of coins off through the mail. The postal service is good most of the time, but stuff happens. I sure would hate to lose a set that took me years and many $$$'s to put together, let alone trying to prove the value of my loss.
Even if they did require this, it wouldn't stop the previously mentioned tactic of cracking the coins out later and reslabbing/reselling them, but keeping the inserts for the Registry.
The bottom line is that cheaters will always find a way to cheat. PCGS should simply establish clear rules and enforce them when necessary.
I am quite sure that any funny business in the registry is very limited. I find it highly unlikely that someone could pull off a scam without someone eventually catching them at it. Then where would they be?
Most of the sets are legitimately owned by all of you fine people here on the boards. If the best set I can put together gets me 10th on a list, then I am proud of my accomplishment and would never consider cheating in any form to raise me in the standings.
Let's just enjoy the Registry and this formum for what it was meant to be - friendly competition, interesting and educational discussion, and buddies to share your latest coin deal with!
Call me naive, but I sleep well at night, and will continue to do so regardless of what happens here.
Ken
P.S. Maybe PCGS could put into the rules that your set is subject to verification by an authorized PCGS dealer, at a time/location convenient to you. That would give them the power to verify questionable sets, without a lot of hassle/expense for the rest of us.
I've seen several people mention that a top set should be required to be sent in to PCGS for verification of ownership, pedigree, etc. This is a bad idea. I don't want to be forced into sending an expensive set of coins off through the mail. The postal service is good most of the time, but stuff happens. I sure would hate to lose a set that took me years and many $$$'s to put together, let alone trying to prove the value of my loss.
Even if they did require this, it wouldn't stop the previously mentioned tactic of cracking the coins out later and reslabbing/reselling them, but keeping the inserts for the Registry.
The bottom line is that cheaters will always find a way to cheat. PCGS should simply establish clear rules and enforce them when necessary.
I am quite sure that any funny business in the registry is very limited. I find it highly unlikely that someone could pull off a scam without someone eventually catching them at it. Then where would they be?
Most of the sets are legitimately owned by all of you fine people here on the boards. If the best set I can put together gets me 10th on a list, then I am proud of my accomplishment and would never consider cheating in any form to raise me in the standings.
Let's just enjoy the Registry and this formum for what it was meant to be - friendly competition, interesting and educational discussion, and buddies to share your latest coin deal with!
Call me naive, but I sleep well at night, and will continue to do so regardless of what happens here.
Ken
P.S. Maybe PCGS could put into the rules that your set is subject to verification by an authorized PCGS dealer, at a time/location convenient to you. That would give them the power to verify questionable sets, without a lot of hassle/expense for the rest of us.
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Comments
madmike
NGC dropped the requirement because people didn't want to send them in. I never listed my NGC coins there until they changed policy.
Just enjoy coin collecting
Tom
There was no way I would send them a coin everytime I bought a new
one.
So I'm against sending them in to be verified but I probably will
eventually just to get my pedigree on them
Maybe they could put a '*' next to your entry if you coins
have been verified. Then you would know who you are definitely
competing against versus possibly competing against.
Again, I don't think the idea of fake registries is a very big issue.
-Keith H