Want to win $10,000????

homerunhall · January 30, 2006 10:21AM

We have a new contest for your fun and pleasure...first prize is $10,000 American cash.

Go for it guys...and good luck to all.

Have fun!

Link

HRH

fc · January 30, 2006 10:23AM

this looks very cool. time to read the fine print.

mercurydimeguy · January 30, 2006 10:24AM

HRH, this type of contest rules

cladking · January 30, 2006 10:30AM

Cool.

cladking · January 30, 2006 10:31AM

...But no betting.

Russ · January 30, 2006 10:32AM

That's pretty cool. If I win, can I have my $10K in grading vouchers?

Russ, NCNE

SethChandler · January 30, 2006 10:33AM

Sign me up.

Baley · January 30, 2006 10:33AM

I was on the fence about the collectors' club. Now I'm joining and I'm not kidding, this makes the difference.
(in addition to the other benefits)

fc · January 30, 2006 10:34AM

baley,

i think you brought up an excellent point. almost like fantasy
football.. this adds a lot of value to being a member.

of course the ability to submit is the most critical.. but hey, this
appears to be fun for fun's sake.

poorguy · January 30, 2006 10:36AM

This should be interesting.

So will this be monitored by an online system where collectors/dealers will log-in to trade on a virtual trading floor? Plenty of possibilities once this is perfected.

BigE · January 30, 2006 10:37AM

Fantasy portfolio

----BigE

pharmer · January 30, 2006 10:38AM

Way to go, David, this should be fun.

oreville · January 30, 2006 10:41AM

David Hall:

Couldn't you have started the contest on April 18th which is the last day of the tax season in the Northeast?

grip · January 30, 2006 10:48AM

David Hall.
I have only a few words.You are a class act.

elwood · January 30, 2006 10:50AM

Can you Short anything?

LeeG · January 30, 2006 10:51AM

Got to make sure my CC Membership doesn't expire

Should be a good time!

Hyperion · January 30, 2006 10:52AM

how cool is this idea ? (VERY) I was starting to lament my membership because i couldn't find things worthy enough to grade due to the fees.
at least I can play this game (who knows, maybe one day ill get something graded by you other than my 3-cent piece

)

CalGold · January 30, 2006 10:52AM

I don't know. If I won the money I would probably just wind up squandering it on something stupid like small metal discs in plastic holders.

CG

oreville · January 30, 2006 10:56AM

What happens if you lose the grand prize or quarterly prize when you picked the PR68CAM Accented Hair and it finishes at $2000 when your buddy picked the PR67CAM Accented Hair and it surges to $2250!!!!!

Strange but true. Check it out.

How will PCGS deal with inverted (erroneous) pricing? They are all around.

tradedollarnut · January 30, 2006 10:58AM

Darn - they fixed most of the way underpriced second tier classic rarities!

BigE · January 30, 2006 11:01AM

Remember now, it's only a game

---------BigE

100proof1957 · January 30, 2006 11:04AM

Suspect this contest dies no later than Thursday

coinkat · January 30, 2006 11:04AM

Terrific idea... We need to get PCGS to offer prices on World Coins...

I hope the World Series of Grading will be offered again this year

cladking · January 30, 2006 11:05AM

I'm guessing all the moderns will get snapped up on the first day and then sold off as the real prices fail to react.

ldhair · January 30, 2006 11:10AM

Cool. This should be fun.

What a creative idea.
Thanks David.

RedneckHB · January 30, 2006 11:31AM

OH BABY!!!!

MFH · January 30, 2006 11:35AM

I could use the $10 Grand to pay off my grading fees this year.

Sign me up as well.

relayer · January 30, 2006 11:41AM

Excellent

RYK · January 30, 2006 11:44AM

This is really cool, but it might just be a game to arbitrage price discepancies in the PCGS price guide. My secret

strategy is to find these and lobby like heck to get them fixed.

homerunhall · January 30, 2006 11:47AM

RYK...A way to make the PCGS Price Guide even more accurate!!!!

hr

RYK · January 30, 2006 11:53AM

RYK...A way to make the PCGS Price Guide even more accurate!!!!

Cool, I have some three-baggers right out of the gate.

solid · January 30, 2006 12:00PM

I'll be playing - should be lots of fun!

Ken

Nic · January 30, 2006 12:00PM

"Can you short"

. K

dpoole · January 30, 2006 12:11PM

Great idea!

LincolnCentMan · January 30, 2006 12:12PM

I can see a lot of collectors going for the blatently undervalued coins to hope they're corrected and thus move them up in the rankings.

David

foodude · January 30, 2006 1:08PM

Cool idea.

saintguru · January 30, 2006 1:11PM

I'm in.

cladking · January 30, 2006 1:21PM

<< <i>"Can you short"

. K >>

There ya go. Even more interest in moderns.

Maybe we could get a little market going in strips and the like.

MikeJessie1 · January 30, 2006 1:22PM

This will be too much fun. I always wandered how I would do with a million to invest in coins! Thanks HRH!

Blade · January 30, 2006 1:27PM

My buddies keep asking me to join their fantasy football league. I wonder how they will feel if I ask them to upside a rare coin portfolio.

But hey, I'm in.

LickThoseStamps · January 30, 2006 2:05PM

Can we do virtual crackouts and assume a one or two grade increase?

Stooge · January 30, 2006 3:38PM

Now that we have 2.5 pages of bru-ha ha-ing

Is there going to be a page where you can go to see tracking or listing of the current top players ie: who is winning and in the lead? That way someone can make some last minute moves if needed.

Is the pop report going to be up-dated more then 1x a week? Alot of us don't have the time to check out stuff until the w/e.

Also is the pop report going to reflect what coins are available. I would think that after choosing 10-11 coins to add to your set only to find out that theyare taken would get old after a while. Is this going to updated daily?

I hope that I didn't ask questions already answered, but that is me.

This should be fun!

Later, Paul.

TwoSides2aCoin · January 30, 2006 3:42PM

I know of one certain coin that has gone from 400 to 2000 just recently. I'll take as many as the population report has listed

This is a brilliant marketing tool and I commend the creative prowess of the folks at the round table, Mr Hall.
I know wagering is not allowed , but I'll bet us paid members won't be freely throwing out Pop Report information like we used to, huh ? <snickering> My competitive nature makes me want to quit my own company and come play here, fulltime....'cept if I won, I'd lose. LOL

Incidentally, since this is my first year as a member...is there a notice or something to remind me when expiry date approaches ?
I would hate to get ahead in the game and then lose for having my membership lapse.

Coxe · January 30, 2006 4:13PM

It's a fun idea. A few questions occur to me though. (1) Though it is just a game with a great prize, how many complaint threads will we see as prices adjust (by whatever PCGS crtiteria guides that process) dynamically affecting the statures of the kings on the hill? (2) Since many of the players are among the most knowledgeable numismatists and dealers, will speculators take cues from the trading on this virtual market thus affecting it and our real coins? (3) How visible will the portfolios and the trading be?

Ten months isn't a long time in the coin market.

Coindexter · January 30, 2006 7:16PM

This is the mother of all forum give aways. This rocks harder than a two ton hobby horse. Nice work HRH!

Steve27 · January 30, 2006 9:12PM

I just hope this means they're going to update the price guide more than once a year.

pontiacinf · January 30, 2006 9:36PM

Thanks David, this sounds like a real fun opertunity.

you are now forgiven for those Hawaiian shirts

Keyrock · January 30, 2006 11:00PM

Very cool!!

mhammerman · January 30, 2006 11:18PM

Woah...This is a good thing! Will there be a ranking board to show where everyone is? I see the competition thread going huge, maybe 3,000 posts. This will take some good thread organizing. HRH...you are huge!

lava · January 30, 2006 11:56PM

cladking · January 31, 2006 12:40AM

<< <i>(2) Since many of the players are among the most knowledgeable numismatists and dealers, will speculators take cues from the trading on this virtual market thus affecting it and our real coins? >>

There are a lot of variables and intangibles. It's unlikely the game will have too much direct effect
on any of the real markets because the relative amount of "money" is low and because this game
will constitute no supply or demand.

However, it will be fascinating to see what means very smart people will attempt in order to win
this. For instance, there's a hypothetical 2-cent collector who would never consider buying anything
but these and the latest state quarter. Most of his real money is looking for that 1873 and an up-
grade for his 1871. The states quarters are just a fun collection he's putting together for himself
and a grandchild. He isn't buying 2-centers for their potential so much as that he finds this an in-
teresting period of history and copper to be a beautiful warm metal with many charms. Being an
advanced collector he's well aware that some of his series is ridiculously underpriced.

Obviously this collector is going to snap up some of these "underpriced" coins in the hope their
value is recognized in the near future. But he's not going to put it all in these coins if he thinks
that it'll be years until there is a lot of interest. He, like most collectors, will put a disproportionate
share where the action is. He'll be "buying" coins he really hates like a big silver Morgan dollar
which was made as a proof. (impaired NCLT

) He'll be buying coins similar to what interests him
and coins entirely dissimilar.

A lot of the action's in the moderns and even on paper $1,000,000 will suck up a lot of them.

This isn't to say that I believe the game will spill over into the market, just that there will be many
lessons learned in seeing how serious collectors would spend their money if they don't have to act-
ually touch the purchase. Almost everyone from the neophyte to the old timer will be buying coins
that wouldn't normally be on his shopping list.

What will be on the shopping list will be the hobby's best guess on what's underpriced and likely
to move in the near future.

Want to win $10,000????

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