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Slabbed Registry Sets,?

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First Page  Showing last 15 replies.
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Pillar of the Community
United States
830 Posts
 Posted 03/06/2007  10:47 am  Show Profile   Bookmark this reply Add AuldFartte to your friends list
I tend to agree with you, Tony. Looks mostly like a big ego trip to me. But if that's what someone wants to do, that's fine. I guess I'm just not that competitive.




... or rich
Bedrock of the Community
United States
20753 Posts
 Posted 03/06/2007  12:01 pm  Show Profile   Bookmark this reply Add just carl to your friends list
I've got to agree with the ego trip to an extent. Imagine if you had a fantastic coin collection and not allowed to display it, discuss it, brag about it, take pictures of it and send to someone. What if youy spent hundreds of thousands of dollars on it. All items are like that. Notice Jay Leno on TV with his web site for his car collection? Notice how he usually starts his shows with one of his cars or motorcycle? Ever go to a car show? How many of those collectors would have those cars if no one could ever look at them and say WOW what a nice car. Same with train shows, gun shows, knife shows, etc. I've always wondered how many people would collect anything if they could not discuss it at all. I like my coin collection as it is and don't care if it is perfect, it's mine.
Valued Member
United States
382 Posts
 Posted 03/06/2007  2:41 pm  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
You're right Carl, I guess it is a little ego, showmanship, collecting and competition.

Tony
Pillar of the Community
United States
834 Posts
 Posted 03/06/2007  3:48 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list
Tights.
The last line in your post says it best I agree 100%.

Bruce.
Valued Member
United States
382 Posts
 Posted 03/06/2007  3:53 pm  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
We should all have that problem !!!!!!!!!!
Pillar of the Community
United States
2254 Posts
 Posted 03/06/2007  5:21 pm  Show Profile   Bookmark this reply Add tights24 to your friends list
quote:
We should all have that problem !!!!!!!!!!




I will if I hit the mega-millions tonight.

Unfortunately, slabbed coins is the world we live in, and it is a variation of collecting just the same as only buying raw coins. I think we all agree that everyone has a right to collect whatever they want.

Bottom line in my opinion is that at some point someone will want to sell the collection. Whether it is the collector themselves, or the family members that it gets passed down to. when that time arrives, I have a feeling that only the slabbed sets/coins will get close to their true value. Again, just my opinion.
Pillar of the Community
United States
675 Posts
 Posted 03/06/2007  6:06 pm  Show Profile   Bookmark this reply Add Thundercoin to your friends list
I do agree with the original poster, I don't quite understand the whole registry set thing. I like high-grade coins as much as anybody, but once I coin gets to about MS-63/64 ish, I don't see enough impovement to justify the normally very large price increase. A few small marks on an uncirculated coin doesn't bother me much. I guess for people who really want flawless near-flawless coins with almost no marks registry sets might be the way to go.

Anyway, to each his/her own, buy what you like and enjoy!!



New Member
United States
14 Posts
 Posted 03/06/2007  6:56 pm  Show Profile   Bookmark this reply Add 2boys28 to your friends list
Very new to collecting and had a question on this subject. What exactly do you mean by registry set? Do you mean a set that is all graded coins. With the highest possible grade for the coin.
Moderator
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United States
23522 Posts
 Posted 03/06/2007  7:59 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
quote:
Very new to collecting and had a question on this subject. What exactly do you mean by registry set? Do you mean a set that is all graded coins. With the highest possible grade for the coin.


PCGS and NGC have formal Registries, where members register their coins as a collection. The PCGS Registry only accepts PCGS-slabbed coins, while NGC will accept both. You sign up, enter the (unique) serial number on the slab of each of your coins, and then brag to your friends about how much bigger your....set is than theirs.
Valued Member
United States
382 Posts
 Posted 03/07/2007  05:43 am  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
YEs Tights I agree there. The grade on the holder is the grade of the coin, no bargaining back and forth on selling. Shouldn't be anyway. I equate owning high grade high dollar slabbed coins to investing.

Tony
Pillar of the Community
United States
830 Posts
 Posted 03/07/2007  10:48 am  Show Profile   Bookmark this reply Add AuldFartte to your friends list
quote:
brag to your friends about how much bigger your....set is than theirs.


That's exactly the way I see the Registry Set game !!!
Pillar of the Community
United States
1203 Posts
 Posted 03/07/2007  11:21 am  Show Profile   Bookmark this reply Add OldDan to your friends list
To each his own! This proves that there is no right or wrong way of collecting.
In this case, you are talking about apples and oranges, or slab collectors and coin collectors.
I know of people who collect all the slabs without any coins in them at all, and these make a very nice set of slabs, and a lot more sense if you ask me.
Valued Member
United States
382 Posts
 Posted 03/07/2007  1:41 pm  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
Yes Old Dan, People collect the damndest things. As long as they enjoy it.!!!

Tony
Valued Member
United States
411 Posts
 Posted 03/07/2007  2:18 pm  Show Profile   Bookmark this reply Add Stephen420 to your friends list
I kind of resent the suggestion that, if you aspire to assembling a registry set, that makes you some kind of "not a collector", or that "real" collectors don't have their coins graded, or that it's all just a big ego trip. Last weekend, I registered my Peace dollars and a little over half of them have photos posted. I am glad I did it. The first thing I did was to post the link on this forum. I have almost no conscious interest in the competitive. I think the analogy to "baby pictures" is appropriate. Who would begrudge a new parent from showing off her/his kid?

As it was pointed out above, some people don't have any one to talk to about coins, to show off (again, like baby pictures), etc. I am in this category. I'm proud of my coins and the effort and patience it took me to find them and assemble into a set. I want everyone and anyone who cares to look, see my coins.

Perhaps there's some satisfaction at my set being ranked 35th instead of 36th or whatever, but the main reason is to show off my coins and to symbolize the sense of acheivement (some people call it "pride in acquisition") at having assembled the set.
Valued Member
United States
256 Posts
 Posted 03/07/2007  7:19 pm  Show Profile   Bookmark this reply Add SE to your friends list
Sort of a "big Brother" type of scenario. The TPG is controlling the entire process from beginning to end. The collector is no more than the puppet with the TPG's holding all the strings. Funny how one persons subjective opinion and a paper label in a plastic box controls the coins destiny forever without question. I remember when coin collecting was about the coins, the history, the excitement of the bargaining, the fun. Where has this coin been? Where did it come from? Who has held it?

Now, I honestly feel that big business, paper and plastic control the hobby. This type of collection to me is just too cold and sterile. A form of coin collecting where you can look but you can't touch! Ghostly reflections of coins that were once "alive" but now dead, encased in plastic coffins.
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