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<p>[QUOTE="ToughCOINS, post: 2230694, member: 20480"]I have to agree with Medoraman.</p><p><br /></p><p>I feel no compulsion to participate in the Registry programs. It seems to me they engender one-ups-man-ship in the interest of raising prices for registry-worthy coins, but do little to expand the collector base itself. </p><p><br /></p><p>In some ways, the registries may actually have disenfranchised many long-time collectors who previously held out hope that they could affordably complete very nice sets, but now find that too challenging.</p><p><br /></p><p>As for the prices of readily available coins being meaningfully affected by the registries, I don't believe that. I think the availability of "sub-registry coins" (not meant to be derogatory . . . just descriptive) is so un-impacted by the registries, that any change is mere background noise, if a change results at all.</p><p><br /></p><p>For the registry adherents, a little food for thought . . . it is the quality of coin for the date, and within the grade, which ultimately determines its value, and not the grade on the holder. Just consult the auction records, and see how many lower grade coins realized greater prices than higher graded ones, simply because they were more desirable, even though a lower technical grade.</p><p><br /></p><p>By the way, PCGS has only about 68,000 total US registry sets of all types, and I presume NGC to be little different. Conservatively assuming that each registry collector has only one registry set, that means there are only about 140,000 coin registry collectors out there. </p><p><br /></p><p>We know many collectors have more than one registry set, so that figure is likely quite a bit lower. I think that dispels the notion that most collectors do not participate in the registry programs.</p><p><br /></p><p>Me? I just like nice coins . . . can't afford'em all, but I like'm.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 2230694, member: 20480"]I have to agree with Medoraman. I feel no compulsion to participate in the Registry programs. It seems to me they engender one-ups-man-ship in the interest of raising prices for registry-worthy coins, but do little to expand the collector base itself. In some ways, the registries may actually have disenfranchised many long-time collectors who previously held out hope that they could affordably complete very nice sets, but now find that too challenging. As for the prices of readily available coins being meaningfully affected by the registries, I don't believe that. I think the availability of "sub-registry coins" (not meant to be derogatory . . . just descriptive) is so un-impacted by the registries, that any change is mere background noise, if a change results at all. For the registry adherents, a little food for thought . . . it is the quality of coin for the date, and within the grade, which ultimately determines its value, and not the grade on the holder. Just consult the auction records, and see how many lower grade coins realized greater prices than higher graded ones, simply because they were more desirable, even though a lower technical grade. By the way, PCGS has only about 68,000 total US registry sets of all types, and I presume NGC to be little different. Conservatively assuming that each registry collector has only one registry set, that means there are only about 140,000 coin registry collectors out there. We know many collectors have more than one registry set, so that figure is likely quite a bit lower. I think that dispels the notion that most collectors do not participate in the registry programs. Me? I just like nice coins . . . can't afford'em all, but I like'm.[/QUOTE]
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