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So Called Registry Coins On Ebay.

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Author Previous TopicReplies: 11 / Views: 3,880Next Topic  
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edgman's Avatar
United States
402 Posts
 Posted 06/18/2010  08:54 am Show Profile   Bookmark this topic Add edgman to your friends list Get a Link to this Message Number of Subscribers
Would someone who is familiar with "Registry Coins" please explain to me if this 69-S MS66RD from PCGS is really a Registry Coin or not. The number is #300437026438. All of the coins he is selling are quoted as "Registry Coins". His URL is listed below. I don't know much about "Registry Coins" that much but sometimes get involved in them. Did not think MS66 would make the Registry area. Need your evaluation on his coins concerning Registry. He does have good feedback but he says only a few are graded higher. Wouldn't that grade be the registry grade? Confused.
http://cgi.ebay.com/1969-D-Lincoln-...em45f3713686
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DylansDad's Avatar
United States
476 Posts
 Posted 06/18/2010  09:30 am  Show Profile   Bookmark this reply Add DylansDad to your friends list Get a Link to this Reply
I've always interprested "Registry Grade" or "Registry Coin" to mean it was certified by a TPG and would be of a sufficient quality/grade to be worthy of inclusion in someone's registry set. I don't know for sure but I guess I've seen anything at 66 or above as being registry quality.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/18/2010  09:33 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
You can put whatever you want into a Registry. If you want AG3 coins in your Registry, you can. It's just a place where collectors brag about what they have. The intent is to group the highest-possible grades into your listing, but it's not the law.

So, a seller can call whatever they want a "Registry Coin."

In the case of this specific coin, you'll note in the auction writeup that there are only 3 coins graded higher. That's definitely Registry-level.
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edgman's Avatar
United States
402 Posts
 Posted 06/18/2010  12:05 pm  Show Profile   Bookmark this reply Add edgman to your friends list Get a Link to this Reply
According to PCGS (whom I talked to after I posted this) only the highest level ever graded by them are allowed to be called "registry coins". They are also listed in a registry file at PCGS. I have talked to Teletrade and they told me the same thing. You cant advertise a registry for sale there unless it has been authenticated by the TPG's as being the highest ever graded. I don't believe ebay is familiar with registry coins enough to make any rules about them. This is the first coin I have seen listed as a "Registry" on ebay. I know there are a few collectors of Registry coins out there can add to this discussion. I appreciate what you guys are saying but I think there is a difference between what you/we/I call a "Registry Coin" and what is a TPG registered coin is different.
Keep posting. This is much good info for all collectors.

edgman
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/18/2010  12:17 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
only the highest level ever graded by them are allowed to be called "registry coins".

Not true at all, anyone can create a PCGS Registry Set and add PCGS graded coins to it in ANY grade(the NGC registry allows NGC and PCGS coins). Have you ever heard of "lowball" registries? There are actually collectors out there seeking to find the LOWEST graded coins and putting them in a registry set, these are coins in PO-1 to AG-3. PCGS even has an "Everyman" registry now, coins are limited to a maximum grade of AU-58.
Edited by biokemist6
06/18/2010 12:18 pm
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steve199's Avatar
United States
1882 Posts
 Posted 06/18/2010  12:36 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
What puzzles me about what PCGS told you is that PCGS gives a registry set a score based on an aggregate of all the coins in the set. Someone could theoretically have the highest rated set without having all (or any) of the coins being the top grade for that specific coin.

*If* what they said is true, they are using the word "registry" to mean two different things.

Edited by steve199
06/18/2010 12:36 pm
Valued Member
United States
470 Posts
 Posted 06/18/2010  1:06 pm  Show Profile   Bookmark this reply Add Andrew289 to your friends list Get a Link to this Reply
This ebay listing is true and correct.

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edgman's Avatar
United States
402 Posts
 Posted 06/18/2010  2:44 pm  Show Profile   Bookmark this reply Add edgman to your friends list Get a Link to this Reply
Thanks guys. Guess I had the wrong idea about "Registry Coins". Thought that it meant really valuable with the highest grading number possible. Guess that could mean different things to different people. Maybe someone at PCGS, answering the phones ought to take some registry coin lessons from you guys. Learned a lot. Thanks again guys.

edgman
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rastatodd's Avatar
United States
487 Posts
 Posted 06/20/2010  08:05 am  Show Profile   Bookmark this reply Add rastatodd to your friends list Get a Link to this Reply
In this thread you where talking about a graded registry coin, and what makes a coin be classified a registry coin. I believe Superdave brought up the fact that there are only three graded higher. My question is how does one find out where your TPG coin falls in the order (i.e. best coin, second best coin, third best coin and so on). I have been wondering this for a while. If some one could shine some light on this it would be greatly appreciated!
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nolawyer's Avatar
United States
763 Posts
 Posted 06/20/2010  10:12 am  Show Profile   Bookmark this reply Add nolawyer to your friends list Get a Link to this Reply
PCGS and NGC have population (or Census) reports on the coins that they have graded. For example, you can see how many 1909 S VDB coins have been graded MS66RD by PCGS.
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jokingjoker's Avatar
United States
2150 Posts
 Posted 06/20/2010  7:56 pm  Show Profile   Bookmark this reply Add jokingjoker to your friends list Get a Link to this Reply

Quote:
only the highest level ever graded by them are allowed to be called "registry coins


Ive always seen these advertised as "top pop" or "top population".
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Conder101's Avatar
United States
17884 Posts
 Posted 06/21/2010  11:30 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
only the highest level ever graded by them are allowed to be called "registry coins".

So if you put non-top pop coins in your Registry set and you refer to your Registry coins, will the PCGS Stormtroopers come break down you door and drag you away for re-education?
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