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Yankeejose

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Posts posted by Yankeejose

  1. Very well said Kaiser14! You have given some great examples to back up your point.One question I can’t answer is what % of classic slabbed coin collectors actively use the NGC registry. Obviously no one knows. Say it 10%. To me they have forced that 10% of the collecting populace to decide between buying from/submitting to one of the services. As the number 2 company do they really think they would get more business from this move? To me I would think more people would go to PCGS coins because of the higher apparent resale value- so it would be a net loss of business versus keeping the status quo. Sure- maybe the modern collectors who already submit to NGC will be thrilled to move up in the rankings- but really how much of a % of the market are the modern collectors? As you said maybe they want to just corner the market on Modern and World coins and let the classic collectors go to PCGS?

  2. I too fall into the extremely disappointed but not that surprised category. My collection is probably 60-65% NGC. I buy the best coin at the best price with my fairly limited funds. I know I will never compete for a number 1 set- that was not my goal. My goal was to complete sets with coins that fall into a consistent appearance and grade range. It took me 6 years to complete my 32-98 proof and business strike quarter set. The feeling of joy and sense of accomplishment are still hard to describe. Being limited to only NGC coins makes it much less likely I will get that feeling again- although it could be done. As others have said I don’t want the need for a particular name on the holder to be part of my decision to buy a coin.

    I am thankful to NGC for the grandfather clause so I can still enjoy what I have accomplished to this point. I just don’t see that I will be going into the registry as often as I have been. I am wondering if the next time I buy an NGC coin would I even bother to add it to my registry. The registry will not have my complete collection anymore. Maybe I will need to look at how to do custom sets going forward.