My note to David Hall

PQpeace

Here is my response to David Hall.If you feel strongly about this the way I do,please write David know asap.

Hello David,
Please please please DO NOT ADD THE VARIETY coins to the morgan sets.
I have spent 38 years on my set, and it was finally finished last week when I bought my 1889cc.
I had 10 of the variety coins, and sold them all to help finish my set.
I want to spend the next years upgrading my set,not finishing it again.

I am not the only person who feels this way.
MANY of the pcgs board members are steaming mad about this.
This can ONLY help the rich, or the coin dealers who make a living selling hard to find coins.

Thank you for listening,
Larry Shapiro
#5 Peace set
#5 Morgan set

Spooly

Larry you need to send in your set ASAP to PCGS! The rules are(before PCGS changes them too!) 90% complete and in the Top Five! Get them PCGS Pedigreed then move them to the NGC Registry! NGC takes both PCGS and NGC!

You will have a PCGS pedigree and your set will STAY complete!

Keyrock

Congrat on completing the set, hopefully the varieties don't ruin it.

braddick

If some varieties were added, which ones would be acceptable to you (last resort stuff) and which ones not?

robbnsc

I received an email from David Hall today and it sounded like they were only going to include varieties that are listed in the 1980 Red Book. Your set and my sets are safe for now, if this is the policy.

kyleknap

IF varieties are included in the set, these are the major coins that many people buy anyway.

78p 7/8 tf. weak. (vam 32)
78p rev. 79. (many different varieties)
79s rev. 78. (there are about 40 varieties of this, one is enough)
80cc 8/ high7 (vam 5)
90cc tail bar (vam 4)

Kyle

kyleknap

forgot to add

79cc capped die vam 3

kyleknap

Gotta add.

Larry, your Morgan set is now #4, not 5, Andy finally deleted his.

PQpeace

Hi Guys,
just got home from a long day.

Spooly :

How does the NGC registry work.Do you have to pay a fee ?? join their club ?
Can it be 100 % PCGS ? or do I have to buy one NGC coin ?
I wonder how mine would rate in the NGC registry.I have never looked at their site.
Thanks..

Braddick :
Thanks for your question.
The big issue with me is that I already had at least 12 of these variety coins in my set.I sold them all as they were not required.
If PCGS adds them,the price will rise on those coins, as many guys will be looking for them in a hurry.Then the price will fall as the demand will be gone.The dealers will get the most benifit out of the added coins.

If I had to buy them again,
I would not mind these :
1878 7tf rev 79...nice looking coins available.
1880cc rev 78
There are a few 80cc's that would be fine.
1900o/cc

Ones I do not want to buy:

1879cc cap .Try finding a 65 that has eye appeal.Price about $20k ?
1882 o/s 22k for a 65
1887/6 o 24k in 65

I can go on,but it is dinner time..
I think PCGS should add a morgan Variety set only for those collectors who just can't live without them .

Thanks Kyle for your input.

Time for dinner
Larry

dldallen

Larry et al,

Save your breath. David Hall and PCGS don't want to hear it.

I received my reply. Seems they want to make everyone play based on "tradition". Based on the negative responses so far, it appears it is mostly PCGS tradition, or their wanting to create one. Which really translates into more money in PCGS coffers.

He says they really are aware of the beginner and limited fund collectors needs. That is why they are creating Mini-Sets. So once again, let's create a division among the collectors. The big guys get to play in the new ballpark while the rest of you go along to the playground. If there exists the capability to create Mini-Sets, why wasn't there room to simply create two registry sets - one with and one without errors? Pure and simple, just to divide the collectors and make more money. If we divide the collectors, then they have a firmer grip on who exactly is spending money so they can cater to that elite group.

Mr Hall states that the limited fund collector is constrained in his purchasing options with or without varieties (errors). I say again, and I hope you are listening Mr Hall - even with limited funds, under the original "traditional" full Lincoln Wheat set, a limited fund collector could put together a 100% MSXXRD Set. For most of us in for the long haul, these sets are lifelong journeys. Making these errors mandatory ensures that 99% of all Lincoln Wheat collectors will never complete that journey. Now how persuasive are those odds to a new or low-budget collector compared to the orignal "traditional" set to attempt to complete? Again, I'm not talking about a front page set. I'm talking the stated goal of a lot of current registered sets of "just completing a RD set". A goal that was once attainable, but no more with required errors.

For those of you that say to "blow it off" and call your set complete when you say it is complete and not PCGS - I understand your reasoning. I will continue to collect what I want to collect in the way I want to collect, regardless of PCGS and their new "traditions". However, the Registry Sets were a way for collectors to share, show, and appreciate the measure of their sets. The standards were there and simple to see where exactly you stood based on the standards used to measure all of the sets. So now we will have the 100% complete collectors with their errors registered and the 94-95% complete guys yelling that their sets are complete because they say they are complete. Perhaps you could have other variations also so in reality, all you have are lists of sets that are based on several different standards. A list that simply serves no useful purpose other than an inventory sheet of what each collectors has (or doesn't have). As I said in another post, there are better inventory programs and sites out there.

In closing, I will say that I appreciated the friendship, competition, encouragement, and assistance of fellow collectors on this board. I will do my best to try to continue that bond in spite of PCGS's insistence in trying to destroy it. To each his own and I hope all of you "keep on collecting" as I know I will. Dave

Spooly

Larry,

Do you have to pay a fee ?? NO

join their club ? NO

Can it be 100 % PCGS ? YES

P.S. NGC is going to remove the weird charts(that don't make any sense)

keithdagen

Spooly,

Ask them when they are going to add and approve my coins I gave them certificate numbers for about 6 weeks ago. Not a happy camper with their service so far.

Keith

CarlWohlforth

Keith, I added a bunch of coins to the NGC registry and a few didn't show up. Later I added just those few, nothing happened, no feedback. So I sent e-mail about it. I'm guessing it is some issue with the cert number and their database. They fixed it up right away. I think their service is good if they know about the problem. At least it has been very good for me so far.

Chippewa

In the NGC submissions, remember that even after they add your coins you need to go into the "Manage my sets" feature and manually add the coins to your sets. If you do not find them there, contact NGC and they will fix the problem.

keithdagen

Carl,

I e-mailed them about the problem. But so far, I am not impressed with the setup. The first time I entered a set for PCGS, I didn't hit the "ready-for-review" button. After 2 or 3 days, PCGS e-mailed me and let me know that I hadn't finished the set process and asked if I needed assitance with getting the set in the system. That was impressive.

Keith

Spooly

I talk to Danielle yesterday. Keith I would e-mail her again or call her at 800-587-1897

NGC is moving to FL then the Fun show, it has really put them behind.... but 6 weeks????


Chippewa is right you get a e-mail then have to add them yourself. (Takes about 2 mins)

dragon

In my opinion, the Morgan varieties that should definately be part of the required registry are:

1878 Rev. of '79
1879 Rev. of '78
1880-CC Rev. of '78

These are very significant and collectble varities and should be part of any complete set IMO.

They should also count your 1879-CC whether it be a normal or capped CC version, same with the 1880-CC, it should be counted in the regular set regardless of minor varities like the high or low 8/7 pieces. The 1900- O/CC is a borderline piece that could go either way.

The 1882-O/S probably should not be considered part of the regular set but as an optional variety as well as the 1887/6-O


Dragon

PQpeace

I would have no problem at all with those 3 choices.
Larry

bigt

Dragon and Larry,
I'm in agreement on those varieties also, mainly because I already have them!

Tim

Spooly

Dragon what name is your Morgan collection under?