• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Coinbuf

Member: Seasoned Veteran
  • Posts

    6,713
  • Joined

  • Last visited

  • Days Won

    103

Reputation Activity

  1. Like
    Coinbuf reacted to Zebo in I'm eligible!!   
    Good for you.  Adds a little excitement come January. Good Luck and keep building. 
  2. Like
    Coinbuf reacted to Fenntucky Mike in I'm eligible!!   
    Ever think about resubmitting this one, that is a great looking dime. 
    Never mind. I just read your notes on it. Good luck.
  3. Like
    Coinbuf reacted to Just Bob in I'm eligible!!   
    Good luck. 
  4. Like
    Coinbuf got a reaction from Revenant in Well, it has finally happened. The 1932 set is now #2 - and its at least partially because of the rule change.   
    The 75% rule is only for the major award winners, those winners receive a cash or equivalent award.  The best in category awards are not part of the major awards and are not subject to the 75% rule.  From the registry rules for major awards:
    "The winner in each of the following categories receives a plaque, a $500 NGC grading credit and an icon of recognition on their NGC Registry profile. At least 75% of the coins registered to a set must be NGC-certified to be eligible for one of the major awards."
    So this new set will win the best in category but cannot be considered for a major award as constructed. 
  5. Like
    Coinbuf got a reaction from Pat Dundorfe in Maybe it is paranoia but I'm still not doing it.   
    Having different slabs and slab types just doesn't bother me in the least, I value old slabs because I know the coins are stable and have not been doctored.  In fact when I see coins in brand new slabs the first thought is has this coin been recently worked over and how much do I have to worried about the coin turning in the holder, especially for copper and gold.  I know you have not been improving them but its a definite concern for copper collectors like myself
  6. Like
    Coinbuf reacted to Just Bob in From PCGS toNGC Grading   
    Do you feel better after venting your frustration in three different threads?
  7. Like
    Coinbuf got a reaction from Crawtomatic in Is the Corona Virus having any impact on NGC?   
    If someone of the staff were to become sick and test positive then a shutdown of the TPG would be a possibility.  A greater threat to a closure at any of the TPG's is if mail service would become suspended, that would be a huge impact with nothing going out or in.  I have an order ready to send to CAC but I'll wait for a month or so and let all this calm down before I send it off, would hate to have my coins sitting in limbo if mail service were suspended. 
  8. Thanks
    Coinbuf got a reaction from Revenant in There’s a good chance that I might have overpaid for this… but I did it anyway!   
    Really nice congrats on the new addition!
  9. Like
    Coinbuf got a reaction from Revenant in “PIF by Borrower”   
    Lol well congrats on the loan payoff, it always feels good to lighten the debt load for sure.  Sure you could have paid off some debt sooner if you didn't buy coins now and again; but what fun would that be.    And as a concerned citizen I'm always willing to help out with those grading credits.  
  10. Like
    Coinbuf got a reaction from Ray, USMC in The addition of PCGS coins to U.S. Competitive Registry Sets.   
    To clarify I am referring to the category awards, especially the best in category award as opposed to the awards that have dollar value.  While not a huge thing it would make more sense to make the best in category the one given for only NGC graded points and call the mixed award something else like best combined award or whatever.  To me best in category sounds more prestigious and should be used for the only NGC scores, but maybe I'm way overthinking it lol. 
  11. Like
    Coinbuf got a reaction from Lastufka Collection in I'm ready for my closeup...   
    Very nice video, I would be somewhat concerned about security by mentioning your name on a platform like youtube, but otherwise well done.
  12. Like
    Coinbuf got a reaction from Ray, USMC in PCGS coins back in Registry   
    Maybe yes maybe not, a fat wallet has always been an advantage in numismatics but that's not the point.  The issue is not does someone deserve to win because he can outspend everyone, but is it healthy for the registry to have the kind of dominance we are now seeing in the registry ats.  When the small fish have no chance at winning; even if that chance is more illusion than reality; some of those small fish will drop out thus reducing competition which is not a good thing.    I see the same thing in the racing that I do, the fast guys are always fast and when a new racer tries the class and gets his butt whooped he leaves and doesn't return; why - because there is no fun in constantly losing.  Sure you can have fun in this hobby and never win a prize or award, but the point of a competitive registry is to win, and if one person wins most or all the awards its not a competition anymore.  As Gary mentioned that is an advantage of the registry here as awards are given out for attributes other than just top dollar spent; I just hope we don't see what is happening ats happen here.
  13. Like
    Coinbuf got a reaction from Ray, USMC in PCGS coins back in Registry   
    There are some benefits to reverting back to the old system where PCGS coins are allowed back in.  But there are drawbacks and potential pitfalls also, the PCGS registry has been almost taken over by one individual and it would be a shame if that person were to add his (100% PCGS) coins here and also dominate this registry.  Monopolization doesn't lead to good competition.
  14. Like
    Coinbuf reacted to Revenant in PCGS coins back in Registry   
    If this is the person that spent $100-200 million on coins I hope he did it for more than just being king of the registry. 😆 
    I agree with you that someone having and overwhelming set can stifle / discourage competition and this can in turn stifle participation. But, as it is, if you look at almost any US competitive category there's a set at the top that is staggeringly good that someone spent maybe hundreds of thousands of dollars on that your average collector or newbie would find almost impossible to touch. The only difference with what you talk about is it would be the same person in each category.
    As it is people still complain regularly that it's impossible to compete here without a 5 or 6 figure war chest. I just think the boogie man you fear is almost de facto already here. The only hope for some - maybe many / most - is to go for MS/PF 70 moderns and "win" a modern set - along with 50-100 others ranked / tied for #1 - and then you still have to deal with people dissing your coins as "widgets," or "not real coins."
    The vast majority of the 13,000+ users with coins in sets will never win much - if anything.
    Most of us seem to have just 1 or 2 pet  projects or categories we fight in for a top spot.
    I probably wouldn't have stayed / come back if this place was just a battleground - it's also about community.
  15. Like
    Coinbuf got a reaction from Revenant in PCGS coins back in Registry   
    As far as I know his focus is only on US coins at this time so my comments are only directed towards that area, the issue is that that type of monopolization stifles competition.  Yes he wouldn't be able to win the prize/cash awards but his sets would be listed at the top of every set he entered and would win the lions share of best in category awards.  Keep in mind that I think that the best in category award should be for the NGC only material with the combined score awards called something else like best runner up or something along that line to place the importance on the NGC only material awards.  I'm not jealous or envious of his accomplishments but I think the registry ats is losing collectors as they know its impossible to compete with that kind of disposable income.  I could start several sets over there but one look at the leaderboard and you know you cannot compete so whats the point; and I know I'm not alone in thinking that way.  The point of a competitive registry is to compete, something that is largely impossible now ats for a great many collectors and I would hate to see that happen here.  Rather than start a competitive set over there it would be better for me to just do a showcase set instead; as I said monopolization stifles competition.
     
    And yes you are certainly correct that another whale could decide to do the same thing with NGC coins, but as long as the market continues to place a higher value on PCGS graded material I think the chances of that happening are slim.
  16. Thanks
    Coinbuf got a reaction from CBC in The addition of PCGS coins to U.S. Competitive Registry Sets.   
    I think that reversing what was a very unpopular decision a couple of years ago is a good thing, however it also has a downside.  One of the real issues with the NGC registry was that too many sets; many top ranked sets; were/are 100% PCGS graded coins, so NGC is giving registry awards for sets that have no NGC coins in them.  That is the issue that should have been addressed then and still needs to be addressed now.
  17. Thanks
    Coinbuf got a reaction from Crawtomatic in The addition of PCGS coins to U.S. Competitive Registry Sets.   
    I think that reversing what was a very unpopular decision a couple of years ago is a good thing, however it also has a downside.  One of the real issues with the NGC registry was that too many sets; many top ranked sets; were/are 100% PCGS graded coins, so NGC is giving registry awards for sets that have no NGC coins in them.  That is the issue that should have been addressed then and still needs to be addressed now.