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What if

MoldnutMoldnut Posts: 3,113 ✭✭✭✭
in U.S. Coin Forum
If PCGS goes to the addition of the "PQ" or something like that, will you be resubmitting older holder coins that you don't plan to sell anytime soon? It just seems like a waste to submit coins you already own. What do you guys think?
Sorry if this has been brought up already.
Derek

EAC 6024

Comments

  • yellowkidyellowkid Posts: 5,486 ✭
    I can't imagine I will be re-submitting anything whatever the new plan is.image I'll just go with it as it grows.
  • AUandAGAUandAG Posts: 24,940 ✭✭✭✭✭
    Not a chance. I too will just go with the flow.

    Let the coin talk for itself.

    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • BaronVonBaughBaronVonBaugh Posts: 1,837 ✭✭✭✭
    With the new code all the current holders will turn into the old holders.
    Will people shortly be paying more for the 16 digit holders?
    1938-64_Jefferson_Nickel_Proofs
  • GrivGriv Posts: 2,804 ✭
    A larger holder will certainly make the coin worth more. image
  • BearBear Posts: 18,953 ✭✭✭
    If PCGS does do a PQ
    If the price sheets reflect a major price jump
    If I have the money to spend

    Then yes, I will certainly consider it.
    There once was a place called
    Camelotimage
  • MsMorrisineMsMorrisine Posts: 35,933 ✭✭✭✭✭


    << <i>If PCGS goes to the addition of the "PQ" or something like that, will you be resubmitting older holder coins that you don't plan to sell anytime soon? >>




    There is an another question to go with what you are asking, but it is a poof-able discussion topic.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    I will not consider it. Would rather get out of the coin biz for awhile until the artificial dust clears if that would happen.
    image
  • WalmannWalmann Posts: 2,806 ✭
    It could be viewed by many as a an attempt to emulate DQ, which has done so well over the years.

    DQ offers a dip option, not so sure if that would be an additional service offered with a PQ program.



    image
  • soty27soty27 Posts: 1,956
    I am sure the big one will be that pcgs is going to designate PQ on the holder however IMO that ship already left port. We already have CAC and its very clear that CAC coins do bring more at auction then non CAC coins. Ngc also has that niftly little star for eye appeal, usually star coins sell for a bit mroe then non star coins. Now pcgs is going to add a neat little PQ designation to the holder and IMO will mean nothing. Pcgs already wont cross all NGC coins With a CAC sticker, Ngc wont cross all PCGS coins, now PCGS is jsut going to add another (sticker, star, PQ) type thing to generate revenue and cause people to resubmit there coins. IMO its another PCGS gimmick . Advanced collectors already know what a coin needs to be in order to pull top dollar, some coins need to be in PCGS holders for them to even get close to top dollar ( MPL lincolns for one) Other coins need CAC stickers to pull top dollar ( High end type usually, just an example) Some collectors only buy CAC coins, others NGC star, Others toned, others untoned, Its just another money maker.
  • MoldnutMoldnut Posts: 3,113 ✭✭✭✭


    << <i>If PCGS does do a PQ
    If the price sheets reflect a major price jump
    If I have the money to spend

    Then yes, I will certainly consider it. >>



    Wow Bear! That's something to consider for sure but do you think people would buy into price increases for splitting hairs within a specific grade. Spending more for a nice coin is one thing but making a "price guide" showing this is another. What would we think if there was a price guide with CAC and not CAC'd. Very interesting though.
    Derek

    EAC 6024
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>If PCGS goes to the addition of the "PQ" or something like that, will you be resubmitting older holder coins that you don't plan to sell anytime soon? It just seems like a waste to submit coins you already own. What do you guys think?
    Sorry if this has been brought up already. >>



    I have only one which I would submit.

    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • relicsncoinsrelicsncoins Posts: 8,110 ✭✭✭✭✭
    They just recieved my lastest submission today........I wonder if it will fall under the great big anouncement. Didn't the old green lable PCI coins have a PQ designation?
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭


    I can't say NOOOOOOOOOOOOOOOOOO loud enough!!!!!!!
  • mozinmozin Posts: 8,755 ✭✭✭
    I will not resubmit to PCGS in hopes of garnering the PQ label, too expensive, and too much of a crapshoot. I am just fine with my green beans on my PCGS holdered coins. Honestly, if PCGS goes to this PQ label, I will feel they let down the collectors.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Used to seem, just the PCGS holder meant a coin was generally PQ for the grade, compared to coins of that numerical grade in any other company's holder. Has that changed?

    Liberty: Parent of Science & Industry

  • BearBear Posts: 18,953 ✭✭✭
    Even if I believe that my box of 20 collection are all PQ,

    It would be nice to have that opinion validated by PCGS.
    There once was a place called
    Camelotimage

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