When you sell a TPG Graded Coin...

MFH · June 16, 2016 1:16PM

I have to admit it, sometimes, I also forget to delete. Especially if there were
also sent in as a consignment for auction.

Once the auction is over, I try my hardest to delete my old coins asap.

I picked up a nice Barber Half in PC 53 [ upgraded my 45 ] three weeks ago.
I have tried numerous times to add the cert. number to my set. No dice.
The previous owner still hasn't deleted it from his collection.

The dealer who sold the coin to me doesn't remember where he bought it
and from whom.

I finally had to resort to emailing BJ Searles' staff to get the coin released to me.
I sent them images of the coin today and I hope this gets resolved quickly.

I sold my XF 45 to a friend - and immediately deleted it from my inventory.
I wish people were a little more attuned to this.

AUandAG · June 16, 2016 1:31PM

I had to have BJ help me add a couple on a set I no longer have. No problem there for sure, great help.

I always delete immediately.

bob

lkeigwin · June 16, 2016 1:34PM

I try to remember to delete. When I don't I get an email reminder from PCGS, generated by the new owner.

Registering a new coin assigned to another member is a simple process. Choose to send him an email notice through PCGS and if the coin is not freed-up in 3 days PCGS will make it yours with an image of the slab.

Lance.

BillJones · June 16, 2016 1:40PM

I always remove my sold coins from the NGC registry. I don't have very much entered over here. I ran into a few pieces in my collection that were registered to someone else on the PCGS registry and decided that fighting to get them up in my name was not worth the effort. I've had a few instances where my coins were already registered on the NGC site, but they seemed to settle the issue without my assistance.

DIMEMAN · June 16, 2016 1:46PM

I try to remember to.

lkeigwin · June 16, 2016 2:07PM

Originally posted by: BillJones

I always remove my sold coins from the NGC registry. I don't have very much entered over here. I ran into a few pieces in my collection that were registered to someone else on the PCGS registry and decided that fighting to get them up in my name was not worth the effort. I've had a few instances where my coins were already registered on the NGC site, but they seemed to settle the issue without my assistance.

Bill, I know that you prefer NGC registries because you don't believe in crossing NGC coins and only NGC registries accept both services.

But don't suggest there is any "fight" to get PCGS coins you own properly assigned. There is no effort. Choose to send the email and if the old owner doesn't free it up in a few days send PCGS a slab image. Problem fixed. I've done this a hundred times.

I know some collectors who never release PCGS coins because it's too much trouble. I think they're lazy. But they almost always respond to PCGS email to release them.

Lance.

TigersFan2 · June 16, 2016 2:33PM

I don't delete a sold coin from my Registry. I just change its designation from "active" to "sold." I still have a record of owning it in my registry, but it's freed up for the next person to add it to their registry.

Maybe 2% of the time, I'll buy a coin on Ebay and a previous owner never removed it from his Registry. I'll email the seller and half the time it's the seller and he frees it up for me. The other half of the time I do the notification thing on the PCGS site which never gets the person to free up the coin. I then email PCGS with a scan of the slab and they free it up for me.

amwldcoin · June 16, 2016 11:46PM

I occasionally forget to update my registry. I am always swapping coins of the same grade that have a look I like better. One time I missed a removal request. When PCGS has to remove a coin from your registry set they will retire it! I had to email them to get my set unretired.

LindeDad · June 17, 2016 2:43AM

Yeah I don't like getting the nasty grams from the nice people over there.

TwoKopeiki · June 17, 2016 3:39AM

Originally posted by: TigersFan2

I don't delete a sold coin from my Registry. I just change its designation from "active" to "sold." I still have a record of owning it in my registry, but it's freed up for the next person to add it to their registry.

Same.

oih82w8 · June 17, 2016 3:39AM

I will place coins that I have for sale in the "for sale" section in my registry. I sometimes have to contact the seller to have it removed from theirs.

Bochiman · June 17, 2016 3:49AM

I try to remember but I do try to wait to make sure I hear back from the buyer that they are keeping it (only had 1 or 2 coins ever not kept.....I think I sell too low)

On the other hand, I have had a dozen+ that have been locked in someone else's registry. A few, from sellers on this board, easily get resolved when I send a reminder PM.

Some others, I have to do the automated "send out a request via the registry button, wait 3 days, then contact PCGS Set Registry" path.

Doing that, I don't think I have had ANY success with that button getting someone to remove the coin from their registry and have always had to "take a picture of the front/back and send to PCGS Set Registry" (ie...BJ/Cosetta) whereupon they both get it resolved for me superquickly.

Cougar1978 · June 17, 2016 4:51AM

I always remove sold coins from the respective PCGS or NGC inventory managers as these serve as inventory detail on these items plus show any price changes, etc. A backup is then downloaded for reference, etc. The totals for total number of slabs, Market Value, and Cost are entered into inventory spreadsheet.

I did have a PCGS item with the problem seller not removed from his and has to be listed separately on inventory ss until he has performed this operation. The PCGS one is superior and mucjh easier to use and offers drilldown on CF plus download to excel sheet which the other does not seem to offer.

TopographicOceans · June 17, 2016 5:24AM

The only Registry Set I have now is pedigreed from 2002 when it was a top 5 set so those are heirloom coins.

But when I had other sets, I would delete them right away when I sold them.

Mostly because the collectors I sold them to wanted to have them in their Registry Sets.

TopographicOceans · June 17, 2016 6:41AM

There was a problem some years ago where people would take cert numbers off eBay and enter them into their sets.

This was against the rules since they didn't own the coins and BJ would slap the hands of people doing this and then threatened to kick them out of the registry.

Their defense was they were trying to see how their set would change if they upgraded or added coins to it.

PCGS implemented the "What if" feature so you could test your new set ranking by grade without having to enter a cert # you didn't own.

I don't know if that stopped the problem or not since I lost interest in the Registry around that same time.

When you sell a TPG Graded Coin...

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