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NGC REGISTRY-Getting it Right

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jackson64

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long overdue

After reading several posts of my fellow collectors bewilderment over their points dropping I started looking at my coins. The verdict?--I'll be dropping some too and I say it's about time.

I own 7 PF70UCAM modern $5 gold coins, not because I sought to collect them, but because I got them for just a little above the gold value--around $200 each. I still look around occasionally for a chance to pick up another 70 for $250 or less.

The reason I brought this up is my 1986 Statue of Liberty $5 gold PF70UCAM is worth 2,385 POINTS!! $200 for that many points? The population of just the 70's of this coin is 2,254-far from rare or even scarce.

I also own a 1917-D OBV Walker MS63, the coin is PQ and I paid a bit extra for it but it was worth the $1500 I paid. The points?--1278 and population of only 323 in 63+.

That's it in a nutshell..7 times rarer, worth 7x the monetary value and only getting half the points of my common issue 1986 coin.

Think of what that 1917 MS63 has been through...besides world wars and such...it has passed through generation after generation without being damaged, survived the great depression and the great silver melts,not to mention almost a century of being handled without a protective plastic slab!! I'm sure my 1986 $5 gold went straight from its mint holder to the grading sertvice and straight into a slab.

This is just 1 example of many that could be used -don't get me started on the high points for president dollar proofs-over 3,000 70's and climbing, or extra points for slabs-this is coin collecting right?-not slab collecting, but whatever floats your boat.

So when my points drop I will understand that it is like a market correction. Although I would have much rather had them raise the points on my other coins to reach an equitable balance..

Here is a photo of my first Multi-coin holder. It has 5 ship- themed coins from the Netherlands for my High Seas signature set {which will now pass 100 coins when I get my latest submission back from NGC} if I could get points for that set I'd be rolling..

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