Poll: Varieties in the Registry Sets
Spooly
Posts: 2,108 ✭✭✭
I have the following ideas on vartieties. You have two groups of collectors. Ones that collect standard Dates and Mink marks and those the collect both. You can't add varieties and keep both groups happy.
So what if you had a Varieties Only Registry Sets?
Or
What about a Mixed Set (both) but set it up like this. You only have ONE coin for that year slot, but have several coins that could go in it.
Examples:Lincolns
1951-D (Regular)
1951-D D-over-S Breens# 2202 = 1 slot in the Registry
1951-D D-over-S FS# 021.52
Now this is were the weighting comes into play. You weight the rare vartieties higher.
1951-D (Regular) = 0
1951-D D-over-S Breens# 2202 = 1
1951-D D-over-S FS# 021.52 = 2
Now the collectors have choice, if you don't collect vartieties you don't have to buy a vartieties to COMPLETE the set. But if you want more points you can buy a variety.
I myself would like to see a Varieties Reg set Only! I mean that way you have the best of both worlds, separate but equal. There are over 70+ varieties in the Lincolns alone! (I do believe that PCGS needs
to start grading more varieties)
The statement about "naked eye" is not a hard standard. Under the above ideas you don't need a hard standard on Varieties.
Please vote! Lets see how the membership thinks about this issue.
So what if you had a Varieties Only Registry Sets?
Or
What about a Mixed Set (both) but set it up like this. You only have ONE coin for that year slot, but have several coins that could go in it.
Examples:Lincolns
1951-D (Regular)
1951-D D-over-S Breens# 2202 = 1 slot in the Registry
1951-D D-over-S FS# 021.52
Now this is were the weighting comes into play. You weight the rare vartieties higher.
1951-D (Regular) = 0
1951-D D-over-S Breens# 2202 = 1
1951-D D-over-S FS# 021.52 = 2
Now the collectors have choice, if you don't collect vartieties you don't have to buy a vartieties to COMPLETE the set. But if you want more points you can buy a variety.
I myself would like to see a Varieties Reg set Only! I mean that way you have the best of both worlds, separate but equal. There are over 70+ varieties in the Lincolns alone! (I do believe that PCGS needs
to start grading more varieties)
The statement about "naked eye" is not a hard standard. Under the above ideas you don't need a hard standard on Varieties.
Please vote! Lets see how the membership thinks about this issue.
Si vis pacem, para bellum
In God We Trust.... all others pay in Gold and Silver!
In God We Trust.... all others pay in Gold and Silver!
0
Comments
In God We Trust.... all others pay in Gold and Silver!
I believe that the fairest approach is to make the set complete with only the regular date and mintmark coin being required.
However, you should get bonus or premium points for varieties etc.
So for the Morgan set, you only need to complete the 95 coin set ( as designated by PCGS coin numbers for the series which are numeric only) and you get additional points for the varieties (thos designated with an alphanumeric coin number). This would mean that a set with all 95 coins at MS65 would have a weighting of 65.00, but you get bonus points to make the set above 65.00 if it contains 96 or more DISTINCT specimens. So if you had all 124 regular and varieties you would have a set which might have a set rating in the 7X.XX (as an example). The math would have to be worked out, but your set is clearly enhanced by the varieities, but you are not forced to collect beyond the 95 coins to have a "complete" set.
On the other hand, if all 124 coins were needed to have a complete set, then low population coins like the 1880-S 8/7 ( a very underpriced coin)should go up in value astronomically based on supply and demand.
Mansco, your idea is intriguing too.
Perhaps PCGS could combine both ideas and offer Varieties Only Sets with Mansco's weighting idea added?
Comments?
Chris
But if PCGS decides to mix them, keep the coin count the same just have multi coins that could fit into that one "slot". Then just weight the rare varieties higher.
Half cents to nickels in the Cherry Pickers guide is over 400 pages! Their are plenty of coins for a varieties only Reg Set. PCGS just needs to get with the program and start grading them!
In God We Trust.... all others pay in Gold and Silver!
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
In God We Trust.... all others pay in Gold and Silver!
So who is going to make the decision on what varities are included? I remind you Spooly since you are the cent guy there are many attributed varities. There are 24 different varities just for the 1945-S Lincoln.