Options
The pros and cons of the NGC Registry

I have been playing around in the NGC Registry, since a lot of my coins happen to sit in the "wrong" plastic. There are some things I like about it and others I do not. I would like to read the comments of others who have experience with it
Pros:
1. Includes both PCGS and NGC coins (probably the most important pro)
2. NGC management is very responsive to collector requests
3. Wide variety of registries including quite a few that PCGS does not offer
4. Consolidated ranking of one's entire collection
Cons:
1. Web software is somewhat cumbersome (for me, at least)
2. Point values assigned to coins often make no sense, especially when you compare between different series
3. Circulated numerical grades within the adjectival grade are not differentiated (ie. you get the same number of points for an AU-50 as you do for an AU-58)
Pros:
1. Includes both PCGS and NGC coins (probably the most important pro)
2. NGC management is very responsive to collector requests
3. Wide variety of registries including quite a few that PCGS does not offer
4. Consolidated ranking of one's entire collection
Cons:
1. Web software is somewhat cumbersome (for me, at least)
2. Point values assigned to coins often make no sense, especially when you compare between different series
3. Circulated numerical grades within the adjectival grade are not differentiated (ie. you get the same number of points for an AU-50 as you do for an AU-58)
0
Comments
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
When the NGC Registry started I did an anlysis of the points awarded coins and came up with a formula that any coin was awarded points based upon additive fractions of the published Greysheet, Bluesheet and Numismedia values of that issue. In this way I was able to tell people how many points, within a percentage or two of being correct, that any coin they added to their set would generate. Please note that this was before NGC published the coin weightings online. Shortly after I wrote that I was willing to share the formula with others, NGC changed their formula and then later published their results.
The only registry that I have a set in is the Complete US Type Set and the points earned in that set can be whacky. Overall, however, I think it is a much better way to run a registry.
In honor of the memory of Cpl. Michael E. Thompson
But, they did make up for it a little by doing the "Signature Set" thing. That allows you to put
together error sets or just about any kind of set you can come up with.
Happy Hunting!
Brian
I LOVE
<< <i>You forgot the big plus for allowing both obverse and reverse images. >>
I put obverse and reverse images in my PCGS regestry set.
when a high ranked proof set is all PCGS i just dont think its fair.
CONs: for the same coin, you can get one more grade if it is in an NGC holder and thus you score big time. Buy the NGC plastic not the coin
<< <i>I think it could be better if they added Anacs graded coins to the registry. >>
This comment is made quite often, to answer it, they can't. ANACS had no online verification system. There is no way for NGC to verify the coins, grades, color etc. You'd have to ship them the coin every time you wanted to enter it.
One of the pros of their registry is there are no dealers over their hyping PF 70's etc.
Posted with a
when a high ranked proof set is all PCGS i just dont think its fair.
I am not sure I completely understand. Is the point that an all PCGS set should be qualitatively better than a mixed set or an all-NGC set?
The NGC Registry seems less competitive, which to me is a big pro.
for the most part,PGCS coins are graded stricter than NGC,so grade for grade they may slightly nicer.
My rant is,"Collector A" has a high grade PCGS proof set and its registered on both sides of the street.
"Collector B" has a high grade NGC proof set,yet he cant compete on this side of the street.
Collector A gets a twofur,2 registry sets,5 coins
Collector B has 2 choices, stay on the other side o the street or build another set to compete here,2 sets 10 coins nearly double the investment !.
My chosen year aint exactly cheap to compete on both sides,yet thats the road ive taken.
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
No, it's free.
<< <i> Dont you have to pay for the NGC registry?
No, it's free. >>
Thats good. I do like the fact that you can use NGC or PCGS coins in it.
Not quite. TDN, Cardinal, Monsterman, Richard Jewell, and quite a few of the other heavy hitters have their coins in the NGC registry. I would say that it is more like playing for the NFC Championship.
Hitting the kool-aid hard tonight ah? I love the NGC registry, yes the software is'nt the best and as mentioned the points system could be reworked a bit. But the pros far outweight the cons and I for one like to buy the coin not the plastic.
Chris
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
You never responded to my reply ?
57 cameonut/Proof
I like the PCGS forum better though...
>>>My Collection
<< <i>I would think that without the inclusion of PCGS holdered coins the NGC Registry would be fairly small. >>
Bingo.
All of that has changed and this is no longer a hobby for just the introverted person.
I will only speak to the Bust Half registry I have at NGC, but most of the derogatory comments I here on this board concerning registries is just garbage. First in my category I never pay more than the going price to buy a coin certified that would not bring that price in a RAW coin of the same grade. I keep very close track of mail bid auctions, and RAW coin prices in every venue, and in fact there is little difference in grades from XF to MS coins for RAW or certified. It may appear that way at times but generally this is due to the fact that a large percent of Bust halves are damaged.
We coin collectors of today live in an age of great advantage over the collectors of the past. We have a nearly liquid market, great forums to discuss our collections and ask questions, places like the Registries to be competitive and to show our collections, buying venues that are Worldwide, and comradeship that is unheard of in all of history.
The great numismatists of the past would have paid dearly just to have the access we enjoy for free. Those that don’t like the registries are missing a great benefit of our hobby, and those that don’t care to even visit them are also missing out.
If the advantage we enjoy was available decades ago I am sure there would be those here that would say, “ I have no real interest in that Garrett registry, or why does that Al Overton want to put all those coins in plastic in a registry?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire