Revenant

Yet another 1804... 

On 1/3/2020 at 1:52 PM, Lastufka Collection said:

(never understand how dealers handle these to get them so scratched up so quickly!)

I've seen some holders scratched to a degree that was really quite shocking to me but that's been mostly coins in older gen holders and the holder is 25 years old. I've never seen a more modern holder with the prongs that was scratched to hell. I don't know when the upped the scratch resistance.

I have a Zimbabwe note in a PMG holder that is horribly scratched, but the holders always do their jobs and the note / coin is safe - many years later.

I'm not sure how to do it on the new registry because I spend 95% of my time on the old site.

If you go to the old site and go to the "edit set" page for each set there's a checkbox you turn on and off for private.

I'm sure Ali will be happy to explain or link to an explanation for the new registry.

They change / adjust scores sometimes for various reasons. Sometimes it's requested by a user sometimes they just make changes as part of periodic reviews - these are not necessarily annual.

I've seen sets / categories where they forgot to update and and slots for new coins for ~ 7 years and only added them after I asked them to check the set / category.

It just happens. The good news is everyone gets effected and everyone is still scored on the same new system so these changes rarely change rankings much.

8 hours ago, Mk123 said:

@Ali E. Ali, can you explain the reasoning for PCGS coins getting the same scores? Does this mean a 100% PCGS registry here on the NGC site can win an award? That should not be allowed to happen.

It would mean they could win or tie to win a Best in Category award but they could not win an "NGC Best in Category." I also expect they'll continue to require a set to be 75%+ NGC graded to win a major award.

3 hours ago, Mk123 said:

FAKE! Deface it and get rid of it.

For some reason, reading this, I thought of the scene from Emperor's New Groove. "... and SMASH IT WITH A HAMMER!!!" Also: the "kill it with fire," memes.

I think this 2014 winner is the one I was thinking of:

https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=10287

These two sets are also quite large and nice:

https://coins.www.collectors-society.com/wcm/CoinCustomSetView.aspx?s=15784

https://coins.www.collectors-society.com/wcm/CoinCustomSetView.aspx?s=1354

Enjoy! Civil War tokens are an interest of mine too. One of these days I'd love to get into them more but I need to finish some other things first.

If you want a registry set of civil war tokens I think you're going to have to undertake building a custom / signature set for them. I think there was actually a custom set for civil war tokens that won a major award a number of years ago if you go back and check. I'm not sure on the exact year.

The "lot of rarities and varieties" you reference makes that a hard set to build a competitive set around. I think there's literally thousands of varieties of those things and how do you decide what to include and what not to?

4 hours ago, tmuro said:

It’s clear to me that I have a lot to learn about grading, as apparently there is a big difference between even one grade level as you get into the higher grades. And with that difference comes a great jump in value. I checked out the PCGS online photo grading page. I appreciate all the info forwarded so far....

As you get into higher grades (67 and higher) they're all dumb near perfect and there's not much physical difference in the coins but the price difference can be huge. The difference between a 61 and a 66 or higher will be quite noticeable.

Sigh... I miss getting to go to coin shows... Or much of anything really... One day the kids will need less time and attention...

2 hours ago, ChrisInJesup said:

Larry Shapiro's Peace Dollar collection won 2015 & 2016 for "Best in Category":

https://www.ngccoin.com/registry/competitive-sets/182830/

Pam's Peace Date (better known as evilwoman13... congrats for her collection being shown at the 2020 FUN) won 2017 & 2018 of the same:
https://www.ngccoin.com/registry/competitive-sets/199268/

Those are not major awards. Those are category awards. They get certificates - sometimes just PDF copies of them. Those are given im every category every year. The "major awards" are the ones that get plaques and $500 grading certificates.

Best in Category goes to the highest ranked set in each category every year. That's just how it works.

I don't think its reasonable to penalize someone for not upgrading a set that is winning it's category - assuming you're even able to do so.

1 hour ago, BlakeEik said:

I heard if anyone asks they get moved to the bottom of the queue...

If true, it would be awesome. Lol

1 hour ago, BlakeEik said:

I found that you had to upload the photos on the old registry page to fix the old registry thumbnails.  I know... a real pain...

Yes but updating the old updates the new, and if the new is ever finished and the old is retired, who cares if the new one isn't back compatible then?

17 minutes ago, Star City Homer said:

It would be nice for the new to be fully integrated.  I suspect the software lawsuit explains the delayed implementation.  Pending litigation generally results in no comments however.  Personally I am waiting for the custom sets to be brought to the new format as well.

Sadly, it will probably also mean little to no progress. Also, depending on how the company did things NGC might have to make a NEW New Registry if they start over with someone new - which they'll have to do because that corporate relationship is wrecked now.

I'll agree with the others - keep it but don't grade it.

If you'd found it early on you might have been able to cash in but that fad / craze faded fast.

1 minute ago, VKurtB said:

@Revenant, when you say looooong tradition, how long are we talking here? Because I've been in numismatics for about 57 years now, and until reading Internet message boards, a) it never would have occurred to me, and b) I had never heard of anyone else doing that either.

Well, I'm only 33, so long is definitely relative.

2019 was a great year insofar as I achieved almost all of the collecting goals that I set in January - except for one that was a long shot / mostly wishful thinking and I knew that at the time. The main difference between what I was thinking in January vs what I did was I'd been thinking I'd try to update / fill out my Koala or Kiwi set and I end up building out a massive Zimbabwean note set this year. But I got my French gold pieces and the gold piece for my 2nd son's birth year. I'm also starting to move forward on my Queen's Beast sets again, albeit somewhat belatedly and that'll continue into 2020 and 2021.

I'm tossing around a lot of other ideas for new goals / projects for 2020 but it's hard to really settle / decide on anything because their are a couple of wildcards at play - depending on the outcomes on my annual bonus (or possible lack thereof) and a couple of other things which projects I tackle could change. I'm hoping to clear up a few of my uncertainties and make a plan for the year in a couple of weeks.

One thing I'm seriously considering going for this year, funding allowing, is to pick up 1880, 1885, and 1886 10G coins and submitting them to NGC myself to fill in most of my remaining holes in that set and "finish" it finally after 10-11 years - but I'll need about $1,200 to dedicate to it to make that happen and it is competing with other things.

2 hours ago, kbbpll said:

My impression, perhaps wrong, is that in the quantity we're talking about these chips cost about 10 cents. More costly will be slapping it under the label and making sure the right chip is associated with the right coin. It will be interesting to see if "mechanical errors" pop up.

And people getting these will have to make a point to scan each coin as it comes back from grading to make sure it's right. Otherwise they / the buyer might get a nasty surprise when they go to sell later.

Also, because the chips are relatively cheap, and based on the wording of the announcement, I imagine long term they'll incorporate these into every single slab / coin, just because it'll probably be cheaper / easier / more efficient in the long term to have 1 slab design and 1 process to go through for everything / everyone. 

37 minutes ago, numisport said:

I would guess that you won't have a choice but to pay for it. Will it be an option or will all future PCGS holders have these chips ?

I imagine it'll be first one, then the other.

3 hours ago, Kominsky Collection said:

Beware. There is a penalty for using PCGS coins. If your points tie with someone using more NGC coins than you then you will be ranked behind them. 

This is really more of a problem for modern MS70 and PF70 issues. Sets like Morgan dollars are much less likely to have a tie for the score at the top spot and the rule you reference doesn't kick in unless the scores tie exactly.

5 minutes ago, Coinbuf said:

Looks like just strike doubling to me.

But not enough to make a coin worth much, especially not in that state.

1 hour ago, Kominsky Collection said:

So now NGC accepts PCGS coins for US Sets but get penalized for using them? It used to be that you could win best in Category if you used some PCGS but then you probably wouldn't get NGC best in category, Now you can't even get to number 1 if you tie the top scores). That's very disappointing. I liked the old way much better and 99 percent of my coins are NGC. 

 

Check Silver Eagles, 1986-Date, Proofs, Including Varieties. I'm second because I registered two PCGS coins. Not cool

Would you be happier if they just lowered the points for PCGS coins by 5-10% as some have suggested so you get a lower score than the all NGC sets?

1 hour ago, VKurtB said:

 Searching out doubling, IMO, has gotten out of control, and it's as if there is nothing else in some people's minds. 

There seems to be a loooooong tradition of newbies looking through their damaged pocket change for gems and hope seems to ever spring eternal.

It's a little funny to me because I never really thought to do this. I check my change for old coins. I'll always look at an old looking dime or quarter to check the date, but I don't look at my change hoping for rare errors usually.

26 minutes ago, lcs1129 said:

Revenant

Thank you for your answers and concern. I now have a better understanding and will adjust.

Thanks again 

Lew

Glad it helps / helped. When you're dealing with ranking / scoring algorithms, sometimes you just have to "check the boxes."

It's worth noting that there's no assessment in the quality of the comment description in the ranking. You can just put "PF 70" or even just "BLAH!" As long as there is some kind of text there it shows as having a comment and you get credit for it in the rankings.