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I'm Back and VERY Disappointed

RKKayRKKay Posts: 3,017 ✭✭✭
Lakesamman's question on the Q&A Board:



There was a thread recently which contained some good suggestions for a pattern registry. Can you tell us if any progress is being made for a PCGS registry, what it will contain and when we might see it?? Thanks.

David's response:



Maybe this year. Territorial gold and Colonials will come first.

Comments

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    Welcome back Rick!!!
    -George
    42/92
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    jbstevenjbsteven Posts: 6,178
    I read that and thought of you. bummer
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    I asked a sample slab question this week and it wasn't even answered.

    Cameron Kiefer
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    krankykranky Posts: 8,709 ✭✭✭
    Rick, welcome back.

    Don't you think it would be difficult to set up a pattern registry set? The vast majority of patterns have very few examples existing, so how do you determine what should go in a set? And if you do it by type, how would that be defined?

    I'm not saying it's a bad idea, I just don't see how the items in the set would be determined.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

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    cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    Welcome back Rick. As for the pattern registry, it should have been done ages ago.
    Bill

    image

    09/07/2006
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    coinlieutenantcoinlieutenant Posts: 9,328 ✭✭✭✭✭
    Patterns smatterns... image
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    MercMerc Posts: 1,649 ✭✭
    Patterns are too rare to be a registry set. Plus some are rare but have been damaged so they cannot be slabbed by PCGS.
    Looking for a coin club in Maryland? Try:
    FrederickCoinClub
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    boiler78boiler78 Posts: 3,118 ✭✭✭✭✭
    At first glance the idea of a pattern registry seems like a daunting task but in reality it would not be all that difficult. PCGS has already assigned unique coin numbers for every coin in the Judd book so the next step would be to weight the individual coins. I would suggest simply using the rarity numbers assigned in the new Judd book. PCGS could even add a bonus point for rb/rd/cam/dcam.

    The first set could be the complete set even though it is impossible to ever complete, it would allow every pattern collector the opportunity to list their collection and see where they stack up against their peers.

    Once the PCGS system is programmed with the individual coin numbers and weighting the subsets could "evolve" over time. Andy Lustig pointed out some possible sets in this thread on the set registry forum. link

    This doesn't require a lot of thought but the data entry would require a lot of time. IMHO
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    RKKayRKKay Posts: 3,017 ✭✭✭
    I agree with Boiler. Check out Mr Eureka's ideas for possible sets. It's more difficult than most registries, but by no means impossible.
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    coinlieutenantcoinlieutenant Posts: 9,328 ✭✭✭✭✭
    Patterns are for wimps!!!!!
    image
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    wondercoinwondercoin Posts: 17,133 ✭✭✭✭✭
    Rick: Where were you for the past couple weeks? And, check your PM's image

    PCGS is very busy with EVERYONES requests. For example, it would be even easier to create the global 1932-1998 Wash quarter collection (combining the currently existing clad and silver Registry sets into one series - just like they already did with Jeff nickels). I believe there is/will be strong demand for the global Wash quarter collection. I hope PCGS takes care of this soon as well.

    No question though that the demand for pattern registries is PASSIONATE in nature. We love our patterns image

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    coinlieutenantcoinlieutenant Posts: 9,328 ✭✭✭✭✭
    Cant believe Rick (or Mark) has retorted. I expected a smack down from the 'old' pattern collectors... image

    You're using the old silent treatment huh? I see how it is....
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    MrEurekaMrEureka Posts: 24,729 ✭✭✭✭✭
    Don't you think it would be difficult to set up a pattern registry set?

    Yes, it would be a difficult job for PCGS. On the other hand, I could easily do it in a couple of days. Yes, HRH, that IS an offer! image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    RKKayRKKay Posts: 3,017 ✭✭✭
    Cant believe Rick (or Mark) has retorted. I expected a smack down from the 'old' pattern collectors...

    I know how it is with you gold guys. Too good for us lowly off metal collectors.imageimage

    And what do you mean by "old," you young whipersnapper?
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    boiler78boiler78 Posts: 3,118 ✭✭✭✭✭

    John- I guess we are just too "old" to be confrontational?image

    I would like to see PCGS focus attention on areas where virtually no registry sets exist before they spend their valuable time tweaking a series that already has substantial coverage.

    I realize David and the rest of the fine folks at PCGS are up to their eyeballs in alligators. Why not take advantage of Andy Lustigs generous offer? Who is better qualified to work this project and make recommendations?
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    I would think that a pattern registry would be very difficult, but what the
    heck. Anyone who has enough $$ to collect patterns deserves a place
    to display the set!
    Robert Getty - Lifetime project to complete the finest collection of 1872 dated coins.
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    boiler78boiler78 Posts: 3,118 ✭✭✭✭✭
    Robgetty- It can't be all that difficult when one of the leading pattern experts in the country has volunteered to do the work and believes it can be done in a couple of days.image Seems like a no brainer for PCGS. I am surprised they haven't jumped on Andys offer.
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    RKKayRKKay Posts: 3,017 ✭✭✭
    Again, Boiler is right. If Andy has made the offer, HRH would be crazy not to take him up on it. It would make a lot of his customers happy and wouldn't cost a thing. And, it would be done right.
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    coinlieutenantcoinlieutenant Posts: 9,328 ✭✭✭✭✭
    Now that I got some attention I will respond seriously...

    I agree that there should be some sort of registry for patterns. Seems fairly simple to do and if Andy volunteered...

    Btw, Rick... I apologize about the old thing. You arent old. Mark is a different story......image
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    RKKayRKKay Posts: 3,017 ✭✭✭
    Btw, Rick... I apologize about the old thing. You arent old. Mark is a different story......

    Now that makes sense.image
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    MarkMark Posts: 3,640 ✭✭✭✭✭
    Go Andy, go Andy, go Andy!!!!

    More seriously, patterns would be a fun set to have on the registry, especially if collectors add pictures. A true treat of patterns is seeing what could have been. I think the more collectors that see that, the more collectors there will be of patterns...which is not necessarily a good thing. image

    One set I'd truly like to see is a complete set of standard silver. I'd be very interested in seeing the number of of these patterns that specific collectors have accumulated.


    Mark
    Mark


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    gemtone65gemtone65 Posts: 963 ✭✭✭
    It seems a shame that Patterns cannot get the same benefit as modern coins because they are too rare! We have fingerprinted 1963 cents selling for more than an Amazonian dollar simply because of the registry craze. Let's hope PCGS gives an assist to classic coins such as patterns and adds them to the registry.

    To supplement Andy's excellent starting list of pattern sets, how about: the 1870 designs by Barber, the 1870 and 1871 designs by Longacre, regular die strikes in off metals, and the with-motto pieces of 1863-66.

    Moreover, perhaps we can think a little outside the box here. Why does a pattern "set" have to be predetermined? Why not allow the owner himself to define the set, have general criteria for points based on the rarity and grade of the pieces, normalize by the number of pieces, and allow competition based on a range of the absolute number of pieces within a "set"?
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    coinlieutenantcoinlieutenant Posts: 9,328 ✭✭✭✭✭
    You can buy an Amazonian dollar for less than 40000$? Am I just off on my prices but I thought that was a 100K coin?

    LT
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    gemtone65gemtone65 Posts: 963 ✭✭✭
    Coinlieutenant: Good point you make. I guess I'm a little rusty on current Pattern prices. Perhaps I should have used in my analogy an Amazonian half dollar -- in copper!
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    orevilleoreville Posts: 12,303 ✭✭✭✭✭
    Hey!!!!!!!!!!!! Give me the credit where credit is due!!!!

    I suggested that MrEureka set up these PCGS registry sets (in the other thread) long before anyone else even suggested it!!!!!!!!!!!!!!!!!!!!!!image
    A Collectors Universe poster since 1997!
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    MarkMark Posts: 3,640 ✭✭✭✭✭
    If PCGS creates a pattern registry, what do you think will be the effect on the prices of patterns? Big increase, small increase, no effect, it would differ from one pattern to the next, or?

    Mark
    Mark


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    LakesammmanLakesammman Posts: 17,678 ✭✭✭✭✭
    Mark:

    It would depend on how it was structured. If they allow all patterns and there is no hope of completing the set, then there would be little, if any, effect. If there was a set of 1877 halves and 2-3 people were bidding on the last coin in the set, it could have a big influence.

    I sure like the idea of Andy helping out PCGS. Andy, how do you suggest "we" procede to get "their" attention??
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
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    MrEurekaMrEureka Posts: 24,729 ✭✭✭✭✭
    Andy, how do you suggest "we" procede to get "their" attention??

    I'm talking to HRH and will give it my best shot. I'll keep you posted. For now, better to focus your attention on sample slab bashing. image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    RKKayRKKay Posts: 3,017 ✭✭✭
    How could HRH turn down those puppy dog eyes and that cold, wet, black nose?image
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    cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    How about German patterns?image
    Bill

    image

    09/07/2006
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    MrEurekaMrEureka Posts: 24,729 ✭✭✭✭✭
    How could HRH turn down those puppy dog eyes and that cold, wet, black nose?


    image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    MrEurekaMrEureka Posts: 24,729 ✭✭✭✭✭
    How about German patterns?

    Maybe if anyone collected them...

    image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    orevilleoreville Posts: 12,303 ✭✭✭✭✭
    Hmmm, looked more like German Shepard than German patterns!image
    A Collectors Universe poster since 1997!
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    cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    image

    Andy a very funny man
    Bill

    image

    09/07/2006

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