Poll: What effect will the Big One have on your collection?

RYK

Moments away from The Big One, please wait until the official proclamation before responding.

Please consider its effect on your collecting effort going forward.

RYK

I voted #3. If I were collecting 1804 dollars or 1804 $10's, I might feel differently.

saintguru

But the CAC stickers did!

silverpop

none

JCMhouston

I can't believe this was hyped up that much. Dropping there guarantee on copper had a much bigger effect on my collecting.

coinkid855

Zero.



-Paul

BillyKingsley

That all depends on weather or not Mr. Hall catches that I correctly predicted the scanning of coins into a database. If so, it will help my collection If not...then it won't affect me at all

LindeDad

I really don't care it Mr. Hall bought Adrian's beach house.

Eagleguy

It won't have any effect on my current collection because I'm not going to pay to have my coins resubmitted, nor do I collect coins over $5k. I do however, see it negatively impacting what I collect if I will be forced (once a plus is on the holder) to pay way more than 64 money (for example) for a "nice" 64 regardless of how common it might be to find "nice" 64s. (The PCGS website does not indicate what exactly a coin has to "have" as far as eye-appeal, toning etc. to earn a plus designation and I'd like to see that clearly laid out as well). The day will soon come where it will be nearly impossible to cherry a nice coin without paying a premium for it. Grade inflation might end but "eye-appeal inflation" will begin.

JH

saintguru

<< <i>I really don't care it Mr. Hall bought Adrian's beach house. >>





I have a feeling it's more like a "Survivor" shack.

Cocoinut

I'm with Eagleguy - most of my coins are in the $100 - $2,000 range, and I don't see any compelling reason to use this new service. Kind of a letdown, after all the hype. The vast majority of collectors will be unaffected.

Jim

themaster

I give the Big One a minus sign.

Have a Great Day!
Louis

PerryHall

None whatsoever.

garrynot

The only effect I see as a result of this announcement, is that sellers are going to try to squeeze more money from collectors for coins with this + designation. Whether that has any effect on a collector selling his coins to a dealer remains to be seen.

It should also generate alot of fees for PCGS. People will be resubmitting coins, or cracking out coins trying to get a + designation. That should last quite a while for first time resubmitted coins.

Tomohawk

Well, for me, the single biggest effect on my collection has been the lack of any new (ASE's) to collect.

The Big One will only affect the multiples (more $$) I may have to start collecting to keep the passion alive...

botanist

Maybe it's too drastic to say zero effect. There will indeed be a little short term effect on many ordinary collectors who submit to PCGS for ordinary grading, a delay in grading! Perhaps caused by a bottleneck at PCGS, which will be overloaded with submissions in April and May. Submissions from persons who had been waiting a couple months to submit, holding off in anticipation that The Big One would affect something relevant to them.

cmerlo1

None whatsoever, though I do appreciate the fingerprinting technology.

droopyd

<< <i>I can't believe this was hyped up that much. Dropping there guarantee on copper had a much bigger effect on my collecting. >>

joebb21

so coins taht dont get + obviously cant get CAC stickers...
and coins with + signs automatically deserve CAC stickers right?

Artist

While am in awe of what The Big One is all about, I think it will have a somewhat negative effect on my personal collection. As a big believer in 'Buy the coin, not the plastic...' I have never hesitated to buy a coin in a NGC or ANACS slab - me fear is that hence forth, people will look at coins in non-PCGS slabs and worry about the coin already being in PCGS database, wondering: "If I buy this with the intent to cross, will it come back as having been doctored?"

garrynot

<< <i>so coins taht dont get + obviously cant get CAC stickers...
and coins with + signs automatically deserve CAC stickers right? >>



I don't know how you come to that conclusion. PCGS will give their + to any coin they want to and CAC will give their sticker to any coin they want to. Eventually PCGS will probably buy CAC and get rid of the stickers

DIMEMAN

My concern is down the road if I go to sell a coin that is PQ, but I did not pay the 20 bucks to state so, and the dealer says it's not PQ because it has no plus sign!!!!

FilthyBroke

None whatsoever.

BaronVonBaugh

<< <i>I can't believe this was hyped up that much. Dropping there guarantee on copper had a much bigger effect on my collecting. >>





Until they include lower priced coins this has no effect on most of us.
I am not rich. I do not even own a $5000 coin, much less a $20,000 coin.
I do own several high grade coins, but I have never spent more than $1200 on a single coin.
Would I like this on some of my coins? Yes.
Do I feel it is worth the current fees? No.
Until the average man has reasonable access, I feel the "Big One" is a flop.

CEOGBOSE

None

Bear

Too soon to tell. As the X Plus price column develops, one might find that the price difference
from an X coin with no plus is significant. At that point, the stampede will be on. It may be easier
to get a Plus ,then to get an upgrade. At some point, many dealers will not pay plus prices
without the Pluse designation.

OKbustchaser

None whatsoever on my current collection. They are all raw again now, anyway. It very well could have a negative effect on future purchases by allowing sellers to raise their premiums even more than they currently do for PQ coins.

pursuitofliberty

I have hesitated posting on this so far, but will here ... once.



On my current collection it has no foreseeable effect ... possibly positive if I decide to pay up for the Plus service when I go to sell something later. Maybe, maybe not.

On my future goals it may have an overall negative effect, depending on what level the Plus service moves down to ... for example if it becomes common for regular submission coins. While the effect of that as a seller may very well be positive, the effect as a buyer will not be.

Knowledge in this game has always meant something, and slowly, knowledge is being replaced by a more and more definite set of accepted (or forced) conditions of quality (and therefore price) by the leading opinion makers. As this happens, less and less opportunity will present itself at the market trading level where this takes place. While only a theroetical possibility, it would extrapolate to no PQ and no POS for the grade coins.

I would prefer my knowledge is still worth a good pick now and again.

And frankly, when I sell, I hope the knowledgable buyer will win there too ... either by obtaining a decent pick, or by passing if the bidiots come out to play.



Just my two cents ...

Edscoin

<< <i> What effect will the Big One have on your collection? >>


None. All my large cents are Raw and my Jefferson Nickels are in old small ANACS slabs.