BlakeEik

I recommend that a "Rules Page" be posted that explains the rules of the registry that does not require users to read through all of the forum comments to discover what they are.  There are lots of people in the registry that do not read the forums.

I started this thread in case anyone had any suggestions to improve the registry website.  I think everyone agrees it was improved tremendously this past year.

Can someone please explain the algorithm that produces the points coins in a registry set?  I know that each coin has two scores, one for the coin, and one for the type.  I know that these scores are very diverse, and they can change at a whim.  So what is the algorithm and what is it based on?  Does this information already exist somewhere?

PCGS provides a table with how coins are scored for each registry set - I was hoping to see something similar for the NGC registry. 

Thank you!

Wow, looks like you know how to have fun on and off the Expo floor!

I think most people would agree that the top two grading companies for US coins is PCGS and NGC. Not to say others are bad, but most collectors will not spend the same amount for coins in other holders with similar grades. Of course there are exceptions.

The Morgan $ on the right was graded by ICG. They are very reputable. You can have faith that the coin is authentic and the variety attribution is accurate. However, I would not expect it to cross into a PCGS or NGC holder in the same grade.

I cannot recognize the other holder. I would not have confidence in that one.

It’s the zinc part of the copper zinc sandwich clad. 

Just wondering... How often does NGC check their PO Box for new mail? My coins have been ready to be picked up since Monday.  Thanks. 

On 10/7/2019 at 8:33 AM, Ali E. said:

Thank you for the request, erwindoc.

Our senior numismatic team feels that the Washington quarters have sufficient representation in the competitive NGC Registry. You may create a Custom NGC Registry Set, if you wish. Please let us know when we may assist in the future.

I do not think that the feedback you are getting is due to a lack of representation.  The suggestions are due to the way they are represented.  Some collectors may collect varieties, but many do not and don't want to see those empty, irrelevant holes in their sets.  And if they do, they would like to see more represented in the registry.  Giving a single hybrid option is unusual, awkward, and wonky.  I think most collectors would much prefer an approach like the way you represented Walking Liberty half dollars (e.g. circulation issues, and circulation issues (with varieties)). NGC got that one right!   Custom sets are more appropriate for hybrid sets, not vice-versa.   

I already understand that there is little chance of seeing any change here, so I am not expecting one. I'm just offering another opinion in support of seeing a clean, logical, and consistent registry to give your customers a pleasing experience, including me.

What @CRAWTOMATIC says is true, you do see the charges when you fill out your paperwork.  But trust me, I was surprised the first time I saw them!

One other, very important point you must take to heart if you do not want become frustrated with submitting coins: unless you are submitting coins straight from the mint, assume they will grade much lower than you think they should. Unless you have experience doing so, there is a very good chance your coins will come back in problem holders.  You should probably let an expert check out your coins before you spend a lot of money grading them. 

Just a thought!

It is relatively easy.  But you can expect these "surprises":

* uncertainty where your coins are for an uncomfortably long time (unless you pay for express)

* expense shipping charges 

* surprise fees - like for special labels ($5 per coin), asking for you mint  packaging ($5), and $10 for each invoice.  This is a big deal, because if you want to get 3 coins graded but they are all in a different service category, you have to pay an additional $10 for each invoice.

* usually a long waiting time (for my experience it was never quick) when getting the standard service

Joel, Here are some links to discussion threads on the subject. 

On 10/29/2019 at 7:46 PM, Joel Schram said:

I am paying to have my PCGS coins Crossed Over to NGC. I have submitted 31 coins graded PR70DCAM to NGC with every expectation of getting 31 coins back graded PF70 UCAM. If I don't see all of them graded as expected I may just put an end to this registry set game.

Hi Joel, I wish you the best of luck of getting those crossed.  However, having tried to cross several coins in both directions myself, I believe that both NGC and PCGS try to make it a point to "prove" they are more conservative than the other by denying crossovers.  I will never try to do so again. If they do not cross, they WILL NOT tell you why, which is total BS; you paid the same as having it graded so you would expect to know why. They will just tell you that they have "different standards."  In the long run, it is cheaper and less aggravating to find the coin you want in the holder you want (unless your coins are very rare or very expensive), even if you have to buy it again and sell your others.  In my opinion, you must accept that fact if you wish be at peace with the hobby.  

I have never tried to cross PR70DCAM or PF70UC coins, so please take that into account. Will you please share your results when you get them?  

PCGS actually flaunts their low cross over rate on their web site (https://www.pcgs.com/Statistics/) currently at just 38%. I'm not sure if NGC does the same - I could not find it if it does.  If so, perhaps an admin may post a link?

https://www.greysheet.com/coin-prices/item?entryid=76524

retail about $1250 or more

Hi Allan, 

A few years back NGC reversed its decision without warning. You can no longer add PCGS Coins to registry sets. 

You can add them to your inventory and to custom sets only.

What really baffles everyone is why they allow existing registry sets to keep PCGS coins. It is totally unfair to everyone else and they don’t care.

W was a designation NGC used for a short time meaning “white” or not toned. They have abandoned that designation. 

Great point @erwindoc!

NGC is not consistent with this concept at all.  Look at the CC Morgan S$1 set.  Why include two rarities?  Why not have separate sets: one with rarities and one without? 

Agree with you 100%. But their response has typically been "that is better suited for a custom set" without providing any rationale.

For me.... not at all.  Buy the coin not the holder. If you like the holder too, BONUS!

I’m curious, who would be experienced enough to post such question, yet not know how to look something up in the Red Book or other price guide themselves?

did you make this? If so I think it is a crime. Just saying...

Great to hear! 

After re-reading my own response, I do want to point out the most important aspect about buying graded coins. I DO NOT RECOMMEND BUYING UNGRADED COINS AT GRADED PRICES. For example, if a coin does not have a PCGS or NGC holder and the seller is asking for equivalent prices, be very careful. NGG and PCGS have strict standards, even though they may be different and even sometimes inconsistent. If you ever decide to send coins in to be graded that you did not get straight from the mint, you may be very disappointed in the results!

On the contrary, buying coins you like in these holders pretty much ensures you are getting the quality that is advertised. 

Hello Matt and welcome! You ask some good questions. I don’t think you will get many answers but you may get a lot of opinions.

My advice would be to  collect coins not holders. You may want to limit grading services because of the registry, since both only allow their own coins to be counted. Otherwise grades may not reflect how much you like a coin or not.

 Probably the most important advice is to be careful determining the fair market value. I think PCGS does a much better job keeping their price guide current. The NGC price guide tends to be very inflated for certain coins.  The CDN price guide https://www.greysheet.com/cdn-collector-price-guidance Is grading service independent and can give a good idea of a fair market value. Also, in the NGC resources you can find past auction data that gives you an idea how much people are actually paying for coins.

 Your question about 69 versus 70 is a loaded one. I find it very hard to tell the difference a lot of times. I think the graders sometimes flip a coin on which should be.  I’ve seen some 69‘s that like 70s and 70s that look like 69‘s, but usually they all look the same to me When you talk about coins since 1990. But if you buy 69 instead of 70, you may have a problem selling them . A lot of people only want 70 because most modern coins from the mint won’t be graded under 69 anyway.  That’s why there’s such a price jump between 69 and 70 many times  

 If you go back pre-1964, you don’t really have to worry about 69 versus 70s because there are a few 70s. The price guides in the population reports are useful tools in determining why a coin cost what it costs. Bottom line, by the coins you like, and don’t pay more than you want to. Best of luck and I hope you get some going to happy with!

I just use decimals.  35, 35.1, 35.15, 35.2, 36, ...

Bright Future, I welcome your common sense, but I'm afraid you may be disappointed here.  The topic has been brought up before but no one in charge seems to care about fairness.  From experience, I don't really think the "senior team" looks at anything.

There are several ways a fair compromise could be made.  I prefer that the PRIMARY award is for NGC only coins, not the secondary award no one cares about. If they did that, it would some some fairness problems.  Second, they could let ANY PCGS be added, but get ZERO points, which would be great for people that just want to display their collections. They could give the SECONDARY awards to mixed collections, but allow the same rules for all. Very easy concept.

I'm a long time fan, buyer, support, and reasonable critic of NGC.  In this case, I'm afraid you may find a strong resistance to common sense here, so be warned!

Thanks Ali. Great news. 

Are you going to fix the others sets that break your own rule?  Start with the 2016 Anniversary set ... and the Coin and Chronicles set. These allow coins without the proper label so I am sure you will take swift action on them. 

How about making this set?

2006 W Gold and Silver Anniversary Set Coins (no special label required)

On 7/7/2019 at 2:40 PM, Ali E. said:

Hello, BlakeEik. 

Thank you for the inquiry. Awards are given for “all coins,” and we also have NGC-only awards. You may find 2019 award information here:

https://www.ngccoin.com/news/article/7349/

 

 

Thank you for the link. What category would a 20th-century typeset be in? Classic or modern?