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Encouraging Cheating in the Registry

Started by gmarguli,

21 posts in this topic

gmarguli

gmarguli

Posted
Posted

Anyone else catch this thread in the Q&A forum across the street:

 

Q: There may be some proprietary violation, but I was wondering if PCGS has considered retaining the crossover grade on the new slab? Why would anyone want to do this? Well, for me, I own a dozen rare date coins in NGC holders graded au55pl and au58pl. If I cross them, I lose credit in the NGC pl registry, but that also means to get credit in the PCGS registry, I would have to buy the same year. If I could cross the NGC coin but retain the NGC pl designation, I would only have to own one of each year.

 

A: When we cross a coin we return the flip to you. If you want to retain the AUpl then just don't send back the flip, and you can use the "flip" in the NGC Registry. Since it's just for a few coins, it probably doesn't hurt anything.

 

 

Is it just me or did David Hall outright say that breaking the rules of the registry and cheating is OK? It's OK to register inserts.

 

Maybe 18 months ago there was talk about whether it was OK to register an insert for cracked out coins and they outright said it was not OK. When I suggested that at least one top registry set "didn't exist" I was attacked. Turns out, getting an award for a fake set is OK. Registering inserts is OK.The rules must have changed. 893scratchchin-thumb.gif I gotta start my typeset over there. I've got some killer inserts...

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truthteller

truthteller

Posted
Posted

My understanding that there has been a black market on registry listings for several years. I have heard examples of where 1) a coin was loaned out for registry for a fee, 2) a coin was sold then sold back to the owner simply to get the registry name on the holder, 3) inserts, not the coins, have been sold solely for registry. Nothing new, just more games.

 

 

TRUTH

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Wihlborg

Wihlborg

Posted
Posted

Greg,

 

I agree with you. David hall’s comment that ‘Since it's just for a few coins, it probably doesn't hurt anything’ is mind-boggling. 893whatthe.gif

 

What’s to keep someone from crossing a coin, and then selling it in its new holder, but keeping the insert and using it to register the coin as their own in the registry? This undermines the whole concept of the registry. Of course, this is probably happening already though. frown.gif

 

John

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Leothelion

Leothelion

Posted
Posted

Quasi, I've pondered this myself, with my 53-S, whomever would have wanted it! They could have the number but not the coin! Of course, it was all fantasy!

 

An easy check of the registries should prove suspicious behavior of an individual. but if sold and crossed or vice versa, it would be tough to justify until you're prompt

to show the wares.

For David Hall, he could care less!

 

Leo

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Tradedollarnut

Tradedollarnut

Posted
Posted

Same coin... who cares. After all, what exactly is it that we're collecting? Hmmm?

 

Of course, you might want to keep those NGC inserts up so that you reach 50% so you beat that unwritten rule.....

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gmarguli

gmarguli

Posted
  • Author
Posted
Same coin... who cares. After all, what exactly is it that we're collecting? Hmmm?

 

Registry points. Most of the players stopped collecting the coins long ago.

 

 

 

Of course, you might want to keep those NGC inserts up so that you reach 50% so you beat that unwritten rule.....

 

NGC inserts? confused.gif I'd only have NGC inserts if I tried to cross the coins to PCGS and accepted their unwritten rule that the coin must be downgraded to be crossed.

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lclugza

lclugza

Posted
Posted

I mentioned this idea (of Registry cheating) a long time ago on the PCGS forums. The idea was disliked so much by the other forum members, that I was told to please delete the post (which I did).

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Leothelion

Leothelion

Posted
Posted
I mentioned this idea (of Registry cheating) a long time ago on the PCGS forums. The idea was disliked so much by the other forum members, that I was told to please delete the post (which I did).

 

Sounds like Jonestown! Your either in or your out if you disagree with so and so and company. You need to drink their brand of kool-aid to fit in!

 

Leo

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lclugza

lclugza

Posted
Posted

Just for the record, here's what I posted "across the street."

 

"Has anyone tried to build a registry set by using the numbers from holders from which the coins had been cracked out? I think a collector with a lot of expensive coins could even crack out his coins, put them in new holders, and sell the old holder numbers to the highest bidders for use in their registry sets! I think this is cheating, and I certainly wouldn’t do it myself, but I wonder has anyone ever tried it?"

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DirtyGoldMan

DirtyGoldMan

Posted
Posted

I am a very minor participant in the registries but do participate on both sides of the street. IMO, if people are cheating, who really cares? I certainly do not. Coin collecting is mostly about the personal satisfaction of learning about coins, searching for them, and acquiring them. If all one wants is the slab number, you can "steal" them from Heritage auctions or from ebay or from cases at coin shows and have quite an excellent registry set in no time.

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jom

jom

Posted
Posted

This thread pretty much tells it all.

 

1) David Hall is a dolt.

 

2) People are collecting Registry Points not coins.

 

3) Who cares?

 

4) Most HERE seem to agree with 1, 2 and 3.

 

It is unbelieveable to me anyone could give a about slab inserts for their Registry. That is the most assinine thing I've heard in quite some time. 893whatthe.gif

 

jom

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truthteller

truthteller

Posted
Posted

Are your puppies key dates? Or maybe high grade? They still trade raw. Maybe they have lovely toning? As long as they are not AT. devil.gif

 

 

TRUTH

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BillJones

BillJones

Posted
Posted

First I don't bother with the PCGS registry because they will only accept PCGS coins. I have coins from both services in my collection from which I take a great deal of pride, and I am not going waste my money on cross-overs just so I can be in the PCGS Registry. To devil.gif with them!

 

I have put up coins over here, but I've got to say that I am not all impressed with most of the top collections in the categories where I submit items. Most of them have no commentaries and no pictures. What kind of collector KNOWS NOTHING about what he or she collectors? What kind of collector has NOTHING TO SAY about the great, high grade coins that are in their collections?

 

I don't care how many points you have scored on the registry if you have NO COMMENTS and NO PHOTOS your registry set is a bore. sleeping.gif

 

And to me there is a chance that NO COMMENTS and NO PHOTOS = a collection of slab labels NOT COINS.

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Wihlborg

Wihlborg

Posted
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First I don't bother with the PCGS registry because they will only accept PCGS coins. I have coins from both services in my collection from which I take a great deal of pride, and I am not going waste my money on cross-overs just so I can be in the PCGS Registry. To devil.gif with them!

 

I have put up coins over here, but I've got to say that I am not all impressed with most of the top collections in the categories where I submit items. Most of them have no commentaries and no pictures. What kind of collector KNOWS NOTHING about what he or she collectors? What kind of collector has NOTHING TO SAY about the great, high grade coins that are in their collections?

 

I don't care how many points you have scored on the registry if you have NO COMMENTS and NO PHOTOS your registry set is a bore. sleeping.gif

 

And to me there is a chance that NO COMMENTS and NO PHOTOS = a collection of slab labels NOT COINS.

 

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Bill, I could not have said it better! thumbsup2.gif

 

John

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EVillageProwler

EVillageProwler

Posted
Posted

I don't care how many points you have scored on the registry if you have NO COMMENTS and NO PHOTOS your registry set is a bore.

 

Concur wholeheartedly. Unfortunately, I have a friend who feels that the pure numerical data speaks for themselves, and that most folks who peruse the registry won't take much time to look at the comments or pics.

 

Even though he's a serious collector and numismatic researcher, I can understand where he's coming from because he's also an engineer and a serious number cruncher.

 

But, I still agree with you...

 

EVP

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jom

jom

Posted
Posted
I can understand where he's coming from because he's also an engineer and a serious number cruncher.

 

I totally agree with Bill AND I'm number crunching engineer. I still think that chasing slabs with certain labels is assinine. What's next? Premiums for error and "double die" slabs? 27_laughing.gif

 

jom

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