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Should PCGS...
stinkinlincoln
Posts: 2,733 ✭
Have a collector based panel and experts in the individual series determine which coins should be included in these registry sets?
There seems to be alot of issues with some sets and without hearing from the very people that build these sets, and spends money with PCGS. I would think it would be in the best interest of PCGS as a whole to do this, but it seems they do not agree.
What are your thoughts?
There seems to be alot of issues with some sets and without hearing from the very people that build these sets, and spends money with PCGS. I would think it would be in the best interest of PCGS as a whole to do this, but it seems they do not agree.
What are your thoughts?
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Are you referring to varities, or just the basic coins in the sets?
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
I think the high fees to grade these things are even more of a problem than which coins they allow in.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
Doubt it will ever come to fruition.
btw - uhhhhhhhhhhh, WHEN EXACTLY are going to get the Washington quarter complete variety sets?
particular set that is affected by email. A healthy discussion on these very boards could help shape the vote or decision. Shag
I know they are working on this because when I ask for a Complete Bust Set BJ said they would do that later and that they were working on the Wash. 25c sets. That was 3 or 4 months ago.
<< <i>Yes.
Doubt it will ever come to fruition.
btw - uhhhhhhhhhhh, WHEN EXACTLY are going to get the Washington quarter complete variety sets? >>
Well, they already posted one. It is the complete variety set 1932-present. Its 467 required coins for a complete set.
COMPLETE VARIETY WASHINGTON QUARTER SET
When the variety is not that rare or hard to spot, so the premium for that variety is nearly non-existent, is it really worth the (approx.) $25 extra to designate it.
Case in point would be the 1964-D Kennedys (D/D, DDO, etc).
There's a bunch out there, and they're needed for the 'Varieties', but I'll but the pop's are low because it's hard to justify paying for grading & variety attribution that probably exceeds the value of the coin.
Sorry, I'll get off the soapbox, and back to your question......
To some extent, PCGS is doing just that.
I routinely get emails, not because I'm an 'expert', but because I have a set in the registry of the set in question, asking if I would like to see a coin (variety) add to a set.
This, to me, is creating a 'collector based panel'. Do they also ask 'experts' in the series what they think? I don't know, but I can guess that 'PCGS experts' chime in too.
Once again, how these decisions to add some coins and delete others is done is beyond me. I understand it’s their program, but they have ticked off a lot of collectors in the past and present with this lack of soliciting opinions, transparency or what ever you want to call it. I have said for a long time a WELL KNOWN volunteer committee needs to address these issues as I do not feel from a collector or public relations aspect PCGS is getting it right. Another option would be that if you are the top collector of a series, you automatically are on the cent, dime, or whatever coin committee series.
Let’s look at the past, remember the absolute debacle of Satins being added and to what sets. It took only 2 YEARS to figure that one out. Most recently, the 64 SMS gets in on SOME variety sets, but NOT ALL. What’s up with that? I am telling you it’s a crying shame the way which coin are added or deleted. That is why I laugh out loud when I hear fellow collectors want or even demand 8-9 2009 varieties to be added. We have a 28 Large S and no 41 ? WHY???? Just because?
BTW... there are 63 varieties of DDO trees in that complete quarter set. I'm pretty sure, not all of them are listed in the CPG. What's up with that PCGS?
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
BTW... there are 63 varieties of DDO trees in that complete quarter set. I'm pretty sure, not all of them are listed in the CPG. What's up with that PCGS?
Steve >>
63x $25(variety attribution) and (what $15 for moderns?) = $2520!!!!!! (And then you have to pay the shipping/insurance/handling/packaging fees)
That's some serious dough, considering raw they aren't worth a newspaper.
WHO in their right mind is going to pay to have all 63 varieties of these in PCGS plastic. Assuming someone out their is die hard enough to own them all.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
<< <i>WHO in their right mind is going to pay to have all 63 varieties of these in PCGS plastic. Assuming someone out their is die hard enough to own them all. >>
Prolly one of them fella's that owns a 1958 DDO Lincoln!
The name is LEE!