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How many coins are actually registered?

Has anyone ever inquired to PCGS if they could develop a quasi population report which would tell us how many coins (by coin and grade) are actually registered? We know that the population reports are skewed because of crackouts. I think it would be helpful and interesting to know that if there was a population of 67 1925 Buffalo nickels in MS67 ( just a hypothetical) if there were 30 or 50 in the Registry.

Anybody have any thoughts?

Comments

  • StoogeStooge Posts: 4,692 ✭✭✭✭✭
    Well someone already had this question a while ago, but for the life of me I don't remember the remarks. I know that for some certain denoms. and Date/MM the pops are crazy. 3 coins come to mind instantly and they are the 16-D Merc, and 32-D & S Washies. How many of those that are graded are in sets. Who knows.

    I remember that at one time there were 4-1982-No/P MS67FB's graded and all 4 were in sets. Since then some have been sold (I bought 1) and 2 others were made.

    I'm glad the Roosie is a boring and dead series to collect for some, in knowing that I know that the pops are not false, maybe to a +/- 5% at best, for certain dates.

    Which actually comes to my next question which is this: If you have for instance a 1982-No/P MS67FB and the pop is 6/0, and 5 of them are locked in sets on the registry isn't that coin a pop 1/0 in your eyes? Wouldn't that make the coin worth just that much more knowing that this is the only coin available and the other 5 will never be for sale? What if you had a 1969-D MS66FB pop 8/4 and all of the next grade higher are in sets on the registry, along with lets say 4 other 66FB's, wouldn't this be considered a 4/0?

    Mansco, I hope I didn't de-rail your thread. I just got rolling on some registry thoughts.

    Later, Paul.

    Later, Paul.
  • Thanks Paul,

    Your response was exactly in line with my thinking. If this info was available, it might have some impact on how I value a coin that I'm pursuing.

    I hope others have some thoughts and that maybe PCGS will consider added this feature.

    Mansco
  • Dan50Dan50 Posts: 1,818 ✭✭✭
    Not sure PCGS could do much more to have the pop report show true figures. After all is said and done, it's the collectors job to turn in all the labels from cracked out coins to help strighten out some of the fowled up counts.
    Not a cure all, but it would be a good start to a skanky problem. image
    Dan
  • QBertQBert Posts: 312 ✭✭✭
    I think they could use digital imaging to know exacly which coins get re-submitted. The services just need to setup a shared digital library of graded coins. Then perhaps over time the real counts would come out?
  • RegistryCoinRegistryCoin Posts: 5,129 ✭✭✭✭
    If "one of the top grading services" wanted to kick the other's butt, they would just have to add imaging and the library mentioned, with free "Tru-View" pix given with every grading. (hint, hint) image
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