Big news from Collectivecoin!

Just recieved a email
"Stack’s Bowers Galleries has agreed to acquire Collectivecoin"

 

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i dont see the poll....lol

 

Probably bad....but I don't really care because I've never heard of Collectivecoin..

 

Take a look
https://collectivecoin.com/

 

Gots one now

 

Interesting, although I can't imagine why Stack's would acquire it. Maybe like the Portfolio option in Coin World, but more easily used for show and tell?

 

Ah... it's the Facebook of coins... you post your stuff and everyone else gets to search it... hm... it makes me go hmmm...

 

I took a look and it seems like an interesting concept. Are you, (dwhiz), a member, and if so, what do you think of it?

 

I don't care to deal with Stacks ever again so I don't care what they do.

 

CC is an awesome site with a TON of potential. This was a great chess move made by Stacks. I was thinking NGC would pick it up to expand their interests like PCGS has been doing but alas they seem to still be playing checkers. BTW, the NGC forum has updated to new software but I just got an email saying all past accounts are now disabled and you have to sign up for a free NGC account to get back on the forum. Geez talk about a smooth transition.

 

I'm still logged in on NGC but can't post yet.

 

All I got was a password reset request, although I can't access a forum yet.

 

I use it, just another way to keep track of my collection.

 

That was my initial thought too. Though I would guess that Stacks has probably written off larger bills for executive business lunches then they did to do acquire the site.

 

If they do for this what they did for Teletrade, well.....
I extend my deepest sympathies.

 

I was hoping some hobbyist with software skills would end up taking it over and not ruin it. Oh well.

 

I started using it for photo hosting and secondarily to organize a few collections. Loved that you could upload up to 10MB or so file size IIRC. Waaayyyy better than photobucket as a hosting site.

I voted 'good' because the other option is the site going away and losing a whole lot of linked photo posts. Hoping it will retain the functionality, but would not be surprised to see the 'for sale' tag/option go away.

If they added a forum and maybe a combined brand registry that might be something liked (given the heartburn over NGC dropping PCGS from the US coins too).

I was wondering about the NGC potential purchase too as I mentioned CC on a post on the NGC forum and was gently rebuked (and had my post edited to remove all reference to CC). The email from the mod basically said not to mention 'competitors' and I was a bit mystified as how CC would compete with NGC--my focus being the photo hosting aspect. Maybe Stacks would be starting a registry type thing?

 

I wouldn't think so. My best guess would be it was a very modest price to them to either let it die or to get the rights to the images there to use as they see fit. There likely is some language that agree to usage if an image was posted there. Overall I can't imagine they paid much

 

They probably purchased it to get access to whatever data the site has on it's users.

 

This is particularly interesting since Stack's stopped directly selling coins through its own website (although it obviously has on-line auctions).