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HOW IMPORTANT IS "NOTICE" REALLY?

wondercoinwondercoin Posts: 16,953 ✭✭✭✭✭
In the style of Modman, I ask this question.

So, it now appears that special registry sets will be created in the next 30 days by PCGS to make Boone, Arkansas, Texas, Oregon, BTW and/or Wash Carver sets stand alone Registry sets. All collectors did not get 72 hours notice or even 1 week notice. They appear to have gotten up to 30 DAYS NOTICE!! So, who cares? Will there be a mad rush on Arkansas pieces this week? Will my Wash Carver in PCGS-MS67 I had been advertising on ebay for the past month now quickly sell? Will this advance notice matter one bit?? Is this whole argument about "notice" really "form over substance". Just another issue to "rag" on the grading companies about with really "no teeth" to it? Will this 30 day notice mean ANYTHING? image Wondercoin.

EDITED TO ADD BOONE!
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.

Comments

  • dbldie55dbldie55 Posts: 7,731 ✭✭✭✭✭
    Is adding new sets the same as changing existing ones?

    Yes a notice is important. Not so much in this case. This is adding entirely new sets. The notice is wanted for changing the rules for existing sets. But even in this case the notice is nice for someone who may want to compete in one of these new sets, and get a jump on some of the pieces they would need for it.

    Wait for them to give notice of a change in one of the popular existing sets, and see what the reaction is to determine if a notice is appreciated.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    I'd assume that;
    1) You will get some inquiries on the 53s in 7. Good luck, although I know you really don't want to part with it. It's that nice.
    2)30 days is more than adequate. How much more cooperation can we ask for? Thanks, Mitch and the pcgs braintrust.
    I think this shows they heard us/you/them/everybody, and "get it", even with existing sets.
    3)The omission of the Boones was just unintentional.
    Perfect, Mitch. Another Yee Haw and a Yahoo too.
  • SpoolySpooly Posts: 2,108 ✭✭✭
    Kudo's to Mitch! I collect the Texas coins, I had the complete set, but sold 3 of my MS-65 coins. I was going to upgrade to MS-66's. So having 30 day notice now, I will start working on the 3 coins I am missing.
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    Welcome to the commem registry, spooly. My Texas' are all 7s and 8s, so I would venture a guess that there are some of my seconds, ms66s and ms67s, at www.wondercoin.com. Good luck with your entry. image
  • Mitch,

    I agree strongly with dbldie55. Advance notice of a new set isn't really necessary at all (but if you can find out when Typetone's Basic Type Set is coming, I'll take that info). However, adding varieties or changing the composition of existing Sets needs some notice.

    Right now, for ongoing sets, collectors have a year to get their current year piece before they start counting. Adding the varieties to the Washington quarters did more to upset the rankings than waiting for collectors to add their 2001 state quarters.

    Keith
    Keith ™

  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    Perhaps Mr Paseo's newly posted list would be an appropriate place to continue this....image
  • I may have missed it somewhere in the flurry of the past few days, but as I understand it the primary concern was to have INPUT, not notice (which I agree is essentially useless, unless you get advance notice ahead of others of course).

    Personally I think the whole thing could be largely solved by whoever is the PCGS' decision maker posting a thread here about pending changes and giving everyone a chance to weigh in with opinions.

    That guy reads them over, then makes the call. If you don't like the decision, you at least know someone at PCGS heard your concerns. At that point you love it or leave it. Finis.
  • braddickbraddick Posts: 24,116 ✭✭✭✭✭
    Good point Mitch. Doesn't make much difference other than an advanced notice on Set changes. For example if PCGS now added a new coin or variety to the 1959-current Type set I'd like to know about it so the set may remain 100% complete.

    Good job on the Commemorative SubSets! That'll spark interest in the whole series.
    Please though- NO sub sets for the Modern Commemoratives! Promise?

    peacockcoins

  • SpoolySpooly Posts: 2,108 ✭✭✭
    I just bought 2 of the 3 I was missing from Larry Whitlow. One MS-66 and one MS-67. 30 days and only one more to go!

    RC sweet set!
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • ' Advanced Notice' should first go out to the Dealer network so these coins may be stockpiled and then presented to the Collecting public a month later when the 'general notice' is announced.
  • I also strongly agree with dbldie55 and braddick about notice required for changes to existing sets.
    How would everyone feel if the following were added as manditory (not optional) to their sets for example?

    Modern Type Coin (1900-present): $20 St. Gaudens Type 1 High Relief
    Franklin Halves: 1951-S Double(d) Die
    Ikes: 1972-P Type I, II, and III (especially since PCGS doesn't recognize these yet)
    Lincoln Cents: 1936 DDO Type I and II
    etc....

    I know I would be extremely peeved if the 1951-S DD was added to the Franklin Registry without reasonable (and that doesn't mean 72 hours) notice. image

    Didn't this just happen to the MS Washington quarters? I think its outrageous to spring changes like that on current Registry collectors without some warning!
    Regards,
    Chris
  • Notice of changes to sets, whether it is 7 days or 30 days, may or may not make a difference in regards to the price one pays to obtain a needed coin. As long as everyone gets notice (or non-notice) at the same time, you will have the same group of people trying to buy specific coins.

    It does make a difference to those that care about the quality of the coins they include in their set. 30 days would give someone a chance to search out and buy the right coin.

    I think it makes the most difference to those whose sets are 100% complete and are at the top of the rankings. It would not be funny to be in 1st or 2nd or 3rd one day, and fall in the rankings because of the surprise addition of a newly-required coin.

    Ken
  • ........Wonderboy - your like freakin` A.I.D.S ; impossible to exterminate........
  • wondercoinwondercoin Posts: 16,953 ✭✭✭✭✭
    For those board members who missed my post last month, I will not respond to this (recently refered to) "internationally infamous potty mouth" nor ever do $1 of business. image Wondercoin.
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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