NGC Type B&C Set Registry Points 1 1

[Uncle Bill's Type B&C Reverse Washington Quarters]

Hello Washington Quarter variety Type B & C collectors:

It seems that NGC has the Set Registry Points assigned to various high grade coins in this special area far askew from reality.  Granted that NGC "rarity" seems to include coins graded by NGC, PCGS, and no telling which others different than NGC.  Nonetheless, the company lists a population of "1" for a 1958 NGC Type B MS67 Washington Quarter with none higher.  Yet, its Set Registry point system allows the base grade of MS67 a mere 450 points?  Yes, PCGS list a pop. of 1 at MS67 and a pop. of 1 at 67+ with none higher.  Yet the company assigns base grade MS67+ 1713 points.  

At the same time NGC award a 1959 Type B MS67 Washington Quarter 3,386 points.  In its description of set registry points NGC cites "rarity" and a Mysterious "algorithm" as factors.  However, NGC does not make those factors clear to collectors for coins they own on NGC's Set Registry.  Hopefully, someone will direct me toward clarity on this issue.  

Many thanks, 

[Maribeth]

16 hours ago, Uncle Bill's Type B&C Reverse Washington Quarters said:

Hello Washington Quarter variety Type B & C collectors:

It seems that NGC has the Set Registry Points assigned to various high grade coins in this special area far askew from reality.  Granted that NGC "rarity" seems to include coins graded by NGC, PCGS, and no telling which others different than NGC.  Nonetheless, the company lists a population of "1" for a 1958 NGC Type B MS67 Washington Quarter with none higher.  Yet, its Set Registry point system allows the base grade of MS67 a mere 450 points?  Yes, PCGS list a pop. of 1 at MS67 and a pop. of 1 at 67+ with none higher.  Yet the company assigns base grade MS67+ 1713 points.  

At the same time NGC award a 1959 Type B MS67 Washington Quarter 3,386 points.  In its description of set registry points NGC cites "rarity" and a Mysterious "algorithm" as factors.  However, NGC does not make those factors clear to collectors for coins they own on NGC's Set Registry.  Hopefully, someone will direct me toward clarity on this issue.  

Many thanks, 

Hello Bill,

We appreciate your enthusiasm for these coins.  As we have mentioned before, population is only one of many factors in the scoring algorithm.  We sent our score description to your email address on April 13th.  Thank you.

[Uncle Bill's Type B&C Reverse Washington Quarters]

Hello Maribeth, Thank you for your response.  Please show me the algorithm NGC uses to determine Set Registry points for coins in my NGC set.  Also, please guide me to the source that NGC uses to determine "rarity" of Type B & C Washington Quarters.  Upon seeing the weights given to subjective factors, such as eye appeal, that could help me understand NGC's registry points better. Thank you for your assistance.  

[gradeacoins]

That seems like a very large discrepancy in points for very similar coins... but I'm not a huge registry guy. Hope they'll address it for you properly Bill.

[Maribeth]

4 hours ago, Uncle Bill's Type B&C Reverse Washington Quarters said:

Hello Maribeth, Thank you for your response.  Please show me the algorithm NGC uses to determine Set Registry points for coins in my NGC set.  Also, please guide me to the source that NGC uses to determine "rarity" of Type B & C Washington Quarters.  Upon seeing the weights given to subjective factors, such as eye appeal, that could help me understand NGC's registry points better. Thank you for your assistance.  

Bill, 

The NGC scoring algorithm is proprietary and cannot be disclosed.  A response has been sent to the email we have on file.  Thank you.

[Uncle Bill's Type B&C Reverse Washington Quarters]

Hello Maribeth,  Thank you for responding to each of my posts!  Thank you for talking with Kevin, the NGC Price Analyst, about adding Type B & C Washington Quarters to the NGC Price Guide, maybe as soon as September, 2021.  

With regard to the secret NGC scoring algorithm proprietary only to NGC, not available to owners of the coins or to members of a NGC Set Registry, is someone joking?  Can you imagine ANY company inviting its customers to compete without making the rules AVAILABLE to all who accept the invitation?  Please ask the appropriate person(s) if they think such a concept is outdated, unreasonable, and, quite frankly, a bit on the ridiculous  side?   What reason could possibly justify concealing the rules of competition from the invited competitors?  

When the rules are transparent and available to ≥≤≥≥all who choose to compete, then it becomes far easier for anyone to understand NGC judgements.436786767iouuooi.//≥  Of course it would make it clearer for Set Registry members about whether or not to question decisions about set registry point.   

[Morpheus1967]

10 hours ago, Uncle Bill's Type B&C Reverse Washington Quarters said:

With regard to the secret NGC scoring algorithm proprietary only to NGC, not available to owners of the coins or to members of a NGC Set Registry, is someone joking?  Can you imagine ANY company inviting its customers to compete without making the rules AVAILABLE to all who accept the invitation?  Please ask the appropriate person(s) if they think such a concept is outdated, unreasonable, and, quite frankly, a bit on the ridiculous  side?   What reason could possibly justify concealing the rules of competition from the invited competitors?  

When the rules are transparent and available to ≥≤≥≥all who choose to compete, then it becomes far easier for anyone to understand NGC judgements.436786767iouuooi.//≥  Of course it would make it clearer for Set Registry members about whether or not to question decisions about set registry point.   

This can't be a serious post, can it?  I mean, I can like Coca Cola, but that doesn't mean because I like to drink it that Coke should share the recipe with me. Or because I use an iPhone that Apple should share proprietary technology with me.  And we PAY for those. Competition in the registry sets is free.  We all play under the same rules.  It's not like two of the exact same coin with the exact same grade are being pointed differently.  And no one is forcing you to compete. 

[Maribeth]

11 hours ago, Uncle Bill's Type B&C Reverse Washington Quarters said:

Hello Maribeth,  Thank you for responding to each of my posts!  Thank you for talking with Kevin, the NGC Price Analyst, about adding Type B & C Washington Quarters to the NGC Price Guide, maybe as soon as September, 2021.  

With regard to the secret NGC scoring algorithm proprietary only to NGC, not available to owners of the coins or to members of a NGC Set Registry, is someone joking?  Can you imagine ANY company inviting its customers to compete without making the rules AVAILABLE to all who accept the invitation?  Please ask the appropriate person(s) if they think such a concept is outdated, unreasonable, and, quite frankly, a bit on the ridiculous  side?   What reason could possibly justify concealing the rules of competition from the invited competitors?  

When the rules are transparent and available to ≥≤≥≥all who choose to compete, then it becomes far easier for anyone to understand NGC judgements.436786767iouuooi.//≥  Of course it would make it clearer for Set Registry members about whether or not to question decisions about set registry point.   

Bill, 

The rules for the NGC Registry are available on NGCCoin.com and there is information on the Registry FAQ's page on how scores are calculated using a carefully designed algorithm.  You may find this information by using this link: https://www.ngccoin.com/about/help-center-faqs/ngc-registry/ngc-registry-faqs/.  

Once the Type B & C Washington Quarters are added to the Price Guide, the Registry team will add these coins to our list of scores to review.

Thank you.

[Uncle Bill's Type B&C Reverse Washington Quarters]

Thank you Maribeth, Would you please guide me to the source or public place where "rarity" is determined for coins in the Type B & C Washington Quarter category sets?  All the best, 

[Ali E.]

6 hours ago, Uncle Bill's Type B&C Reverse Washington Quarters said:

Thank you Maribeth, Would you please guide me to the source or public place where "rarity" is determined for coins in the Type B & C Washington Quarter category sets?  All the best, 

Hello, Bill. The team has researched these scores thoroughly in consultation with our senior numismatic team more than once in the past few months. We have provided all information to you on the scoring algorithm, and as mentioned, another future score analysis will occur when they are added to the price guide. Thank you.

[Uncle Bill's Type B&C Reverse Washington Quarters]

Hello Ali E.,  Thank you for your kind response and additional feedback.  All the best to all on the NGC staff.