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 Replies: 30 / Views: 1,404 |
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Pillar of the Community
 United States
5780 Posts |
Lol
Congratulations on a great pick up.
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Pillar of the Community
United States
2854 Posts |
Very nice acquisition & addition to your collection TB!  |
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Pillar of the Community
United States
1479 Posts |
Wow! They don't show that seperation in VF thats a beautiful registrey level example someones going to go looking for that baby someday and sorry gone hidden into a private anynomous collection...love it! The Forums like "Inside Edition".
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Pillar of the Community
 United States
6116 Posts |
Well I suppose at some point next year I will have to actually fire up a registry, at which point the "lookers" will know where to find it. I'd probably already have a registry if they had one for just varieties, but seems like I'll just put together the rest of the set and do a full Lincoln Cent deal. A ridiculous +/- 575 coins. |
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Pillar of the Community
United States
4038 Posts |
Would be nice if CCF, LCF, or even CONECA would support a "registry" of sorts so that folks could post their coins, either raw or from various TPGs. Wouldn't even have to be competitive, just a place to post what you own. Probably folks will tell me the Gallery is the place for this, or that the scope would be too big, or etc.
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Pillar of the Community
United States
5239 Posts |
Stunner no matter the stage!! Great addition my friend!
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Pillar of the Community
United States
6116 Posts |
Thanks Jim! And yes, I've often thought that if a web-savvy person came along and put up a giant site that just plain allowed anyone to post their coins as a showcase they'd make a fortune. It's an idea that's been around for a while but no one has jumped on it.
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Pillar of the Community
United States
981 Posts |
Interesting concept. A CCF registry would require some administration.
"We are all flawed, some MD and some PMD." NYI |
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Pillar of the Community
United States
6116 Posts |
To work it needs to be huge and stand alone. Would be primarily for displaying collections, and there would be tens of thousands of them put up. The big add-on would be a seller's market, and it could become the world's largest coin dealer, essentially. Charge a much smaller seller fee than anyone else, say 5%, and the world would come to your doorstep to show coins and sell coins. No more 20% buyers fees or 10% sellers fees like other auction houses. And also would need moderated heavily to avoid the ebay pitfall where 60% of the coins are junk or mislabeled or whatever. |
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Pillar of the Community
United States
4038 Posts |
That's a much bigger scope than I was thinking. I was just hoping for an "open concept" registry so that raw and graded coins from any TPG could be shown. I think this limited scope could work on any forum. Having it be a marketplace is a big expansion, and I agree would require a standalone site with full time moderation to make it work. Contact me for photographic equipment or visit my home page at: http://macrocoins.com |
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Pillar of the Community
United States
6116 Posts |
I just see it as a size issue. There are a lot of folks who would take advantage of a coin website with a registry system. That takes money to create and maintain. Going big overcomes that issue.
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Pillar of the Community
United States
981 Posts |
It would have to have scalability built-in as it grows. I'm sure a 3%-5% registration and transaction fee would more than cover the COCR/S. As coins are registered, traded and/or sold transactions would be obviously be recorded and chain of custody from owner to owner is assured. Registered traders, buyers and sellers could buy and qualify for a blue check mark. Certainly would be a step in the right direction and makes sense to let coin sales on ebay go the way of the wild west. The big boys might not like to see this happen. It would sure make their high fees a little less unnecessary. Curious to see if this thread gets locked? "We are all flawed, some MD and some PMD." NYI |
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Pillar of the Community
 United States
6535 Posts |
If you are vetting sellers, that adds a level of liability. My guess is that technology is not the limiting factor in such a business. Legal, administration, moderation, etc. are major factors in operating an auction venue.
As a purely registry display for raw coins, I think it would be cool. However, I think you might immediately run into the challenge of people just poaching TrueView images to display as their personal coins. Not that there would be much harm in that, I suppose.
Why would the mods lock the thread?
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Pillar of the Community
United States
6116 Posts |
I agree. I posted a registry grade coin, and this is a conversation about registries, which specifically started with my comment that there isn't a proper registry just for coins like this one, a variety. It is always my hope that when I post something it is worthy of stirring some conversation.
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Moderator
United States
188877 Posts |
Excellent! |
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Replies: 30 / Views: 1,404 |
First Page
Posted 12/13/2024 12:17 pm
