Registry Sets Flawed System

The whole point of the Registry is to show off your own stuff; I'd have a hard time getting behind the idea of renting your coins to another's Set. No different than claiming any other coin you don't own, and I suspect the arrangement would dissolve the moment the registrar became aware of it.

This is no different than the contrast between Modern and Classic specialists; numismatics is broad enough to easily cover both as long as we choose to get along about it.

 

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Why, it's right here! I am on the hunt for the elusive 1934-S in MS64 this year. It's been trying to say the least! I even came close to buying a raw coin - but backed out after a second pair of eyes pointed out the works of a coin doctor.

http://coins.www.collectors-society...etListing.aspx?PeopleSetID=174970&Ranking=ngc

 

Kind of like taking a paid model/escort to the high school reunion. I don't have a problem with it - but it isn't really ethical or honest. Leasing a coin to win some vague registry award? Talk about cheesy... That's the kind of thing that gets you blacklisted in a community.

If my set ever gets close to the top and I find out someone is doing that, I'd be the first to report it, and I'd sure as heck hope the PNG would take note if a dealer was involved. It's just dishonest. Telling a sob story at a bus stop to get a warm meal if you are starving is almost forgivable. Lying about a high end registry coin set? Kinda pathetic in my book.

 

Congratulations on your registry sets, especially the one's that are 100% complete. Thank you for exhibiting the data on them. This is what I think makes our hobby so much fun and encouraging! You also did a great job at typing out all your info. I don't think I could have done that well.

 

Okay, here are two of my Registry Sets and the ones I've put the most work into:

http://coins.www.collectors-society.com/registry/coins/MySets_Listing.aspx?PeopleSetID=57236

http://coins.www.collectors-society.com/registry/coins/MySets_Listing.aspx?PeopleSetID=57246

 

Hubba Hubba Hubba!!! ZOWIE!!!

Buddy can ya spare a dime?

 

Well, kanga illustrates the other advantage of a Registry system. If you cannot look at his efforts and be inspired by the care with which he chose each member - you can see the thinking of a collector spending money with care and maximized results foremost - you're probably better off collecting stamps.

Some of the greatest-ever collections in numismatics are now archived as Registry Sets. Look at the California Morgans (and other things from that collector) and you see work which deserves its' own pedigree no less surely than Jack Lee deserves his. We venerate the work of the most successful collectors, and now those who walk in the same footsteps do so publicly and in near-real time. With excellent pics.

Money will always talk at the highest end of the coin market. Your (our) problem as collectors who aspire to add maybe three or four such coins as flagships in our collection, is at that level we compete with people who will simply write larger checks if the price of the coins they want rise. There will always be volatility in pricing at that end, Registry publicity notwithstanding, especially now that several larger fish can conveniently colocate for competitive bidding online.

I'm as high as I've ever been on the long-term quality of the top end of the market. The number of people who have disposable income in that bracket (unafraid to range well into 7 digits or more of collection value) is growing exponentially worldwide. Sheer math indicates that there will be no dearth of individuals going forward who realize that high-end coins are a pretty good place to park money. Now - if you got a 15-year frame of mind - would not be a bad time to be building a collection in that space.

 

Yup. The collector that put together the California Morgan sets is Lloyd Gabbert, who passed away a few weeks ago after a long battle with Alzheimer's. His collection would have been the stuff of which books were written in the past, given its quality. Watching people put together these monster sets while we put together our much more modest ones is a little like watching a pro football game after a "weekend warrior" pickup game with friends. Neither experience has to make the other less enjoyable.

 

That was a guy who makes you want to say you stand on the shoulders of giants.

 

Registry Sets keep my numismatic blood flowing.
Just to hear someone say "Nice" keeps me going.
I'm 73 so I don't anticipate hearing that too much longer.

Although I have holes in some of my sets I keep something going.
Right now I'm doing a Custom Registry Set in NGC.
It's "Arrows at Date" SL coins.
The Red Book lists 45 with that attribute:
-- 6 Half Dimes
-- 11 Dimes
-- 14 Quarters
-- 14 Half Dollars
Most of those coins are not rare or even scarce.
But I don't know if anyone has ever put them together as a set.
IF I manage to complete the set, then what?
Plunk them all in a safe deposit box to disappear until my heir finally gets around to selling them?
Heck, no!!!
I want to show people the fruits of my labor.
But I can't lay them all out to be seen; security problems.
So pictures will have to do.
Hence a Registry Set!!!

BTW, here's my two latest:

AU-53



VG-10

 

I love them! Thank you for the great display!

 

Cool! Thanks!

You saving up for that 34-S?? It'll be pricey in MS64!

 

I'm not involved in the registry, probably never will be, but I do enjoy the coin pics they have on there. Very cool pics, and it has helped me to learn more about third party grading standards.

 

I have a 1934-S in MS64. I could lease you the certification number if you want.

 

Now remember there's no advertising in the forums!

You might have better luck listing that coin lease on Ashley Madison...