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BillJones

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Journal Comments posted by BillJones

    Legionary1

    Posted

    16 hours ago, Whidbey Island Collection said:

    This will only reduce the demand for coins in NGC holders and hence their resale value. 

    That is not necessarily true. At the time that the NGC registry stopped accepting PCGS coins, I was working on a set Classic Head Quarter Eagles (1834 to 1839). I was within three coins of completing the set when NGC made the policy change. Since I was that close, I decided finish the set with PCGS coins and posted it there. It is now the #2 set over there behind Hanson’s coins. I don’t like the format of the PCGS registry as well as the NGC registry, but given the circumstances, I used it.

     

    I looked at some graded NGC coins to fill the holes, but in the end, I pushed to finish the set with PCGS coins which I have done. The NGC move had the opposite effect for me. It lowed my demand for NGC graded coins.

     

    To me education is one of the most important aspects of the hobby. Now that I will be able to post my complete set here, I will be able to provide collectors with a commentary about each of the coins that is the set.

     

    My Classic $5 gold set has quite a mix of NGC and PCGS graded. Now I will be able to show that complete set here as well. My 1838-C is an NCG graded coin, and my 1838-D is a PCGS graded piece. It would cost me a pile of money to move either of those coins to the other service, and I don’t spend money on crossovers in any case. I buy the coin, not the plastic.  

    Legionary1

    Posted

    I disagree. NGC is showing that they are willing to sponsor a registry that includes larger population of the best coins that are out there. I have spent a lot of money on building a collection composed of the best coins I could afford from both services. It really hurt me a couple years ago when NGC banned any more PCGS coins. I will be more active now that I can post all of my coins one registry.