What does "Registry Quality" mean to you?

[Zoins]

This phrase is being used in more auctions after it was coined ATS a while back. What do you think when you see this phrase used?

[gmarguli]

Anything in plastic.

[IGWT]

plagiarism?

[MikeInFL]

"What does "Registry Quality" mean to you?"

 

Someone is trying to sell an overvalued coin.

[bsshog40]

As a buyer, Slabbed, as a seller, thinking I should get more money for it than it's worth.

[coinpage-migration]

Anything in plastic.

 

agreed

[WinstonWare]

Nothing

[Zoins]

plagiarism?

I had forgotten about that thread and I even responded to it!

 

It just hit me again when I read about a registry quality sale on this forum and I changed my internal definition. Now I'm starting to think that it means coins with high registry rankings that people never want to show pictures of.

 

This isn't from looking at specific coins, just that high quality coins are never described as registry quality when they are shown off outside of auction, they are just nice coins, maybe monsters or moose

[BillJones]

It is supposed to mean that it's coin that will not only score big points but perhaps score more points than anyone else. Such coins are calculated to make you "top dog."

 

Despite having a pretty decent collection, I quickly came to the conclusion that I will never be a "top dog" in the point registry. I did win for "best presented" one year with my early half dimes, but that will probably be my only trophy. To get the top points in most any category, and I'm a type coin specialist, I'd have to start over and upgrade my entire collection. That is not possible. My goal is get as close to 100% complete as possible without buying junk coins to fill the slots.

 

I really don’t have much use for “top dog” collections that have NO pictures and NO comments on them. To me those collections are a total waste of time, and don’t deserve to be opened for a view. Reading the ads in Coin World is more interesting. What have these guys got to hide? When you have a collection that is worth 100s of thousands of dollars, saying that you can’t afford to buy a digital camera and take pictures is a lame excuse. And what collector never has anything to say about the coins he owns?

 

But yes, in general I’d say the term “registry quality” is a gambit to induce someone to pay more than a coin is worth.

[TomB]

Garbage.

[WinstonWare]

Garbage.

 

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[IGWT]

"Registry quality," to borrow from L. Frank Baum, means "Pay no attention to the coin below the insert."

[Stanley]

This phrase is being used in more auctions after it was coined ATS a while back. What do you think when you see this phrase used?

 

“Registry Quality" is a legitimate term for a seller to use to promote there item. It is an indicator that the coin would score competitive points in the NGC Registry.

 

Contrary to recent criticism by some it has nothing to do with the quality of the merchandise.

[Wihlborg]

I cringe when I hear the term.

 

What the term ‘Registry Quality’ conveys to me is that any coin of a lesser grade is somehow unworthy of being considered for a Registry set. People participate in the Registry for numerous reasons, not just to be the top ranked set or to beat out someone else.

 

The two types of coins that I am most passionate about are early silver commems and buffalo nickels. I have NGC Registry sets for both. Personally, I happen to love the detail and eye appeal of high grade coins. I will buy the highest grade coins for my sets that I can, within the limits of availability, affordability, and eye appeal. I certainly am not doing this because I’m trying to become a top ranked set, as I know I don’t stand a chance of becoming number one in either category.

 

I buy high grade coins because that is what I like. It is what I enjoy. I fully understand however that others can and do get as much enjoyment collecting coins of a lesser grade then what most would consider ‘Registry Quality’. To be honest, I feel the term smacks of elitism, and while many may not like to talk about it, I feel there is far too much of it in this hobby.

 

New collectors should be encouraged to collect whatever they like regardless of type, grade, toning, no toning, etc. I feel too many new collectors are led to believe that they have to collect in prescribed ways. This can cause some to give up the hobby due to frustration or for financial reasons as they continuously try to keep up with the ‘Joneses’

 

Remember, don’t worry about the other guy. Collect what YOU like. Buy only what you can comfortably afford and most of all enjoy yourself. That is what this great hobby should be about.

 

John

[IGWT]

What the term ‘Registry Quality’ conveys to me is that any coin of a lesser grade is somehow unworthy of being considered for a Registry set. People participate in the Registry for numerous reasons, not just to be the top ranked set or to beat out someone else.

 

Good point!

[jesbroken]

Well, I'm impressed. Elitism, a perfect word for quite a few collectors who abase others efforts at performing the same task only on a different level-not a lower level-just a different level. One comforting thing about being a member of this forum is that elitism does not permeate it completely as it does other forums. When I slip over or back to another forum it does not take long to remember why I like this one.

Great posts about a good topic. Thank you all.

[James_OldeTowne]

"registry quality" is a term used when useful postive attributes about a coin have been exhausted.

[CarlWohlforth]

Clearly the majority of people replying to this thread so far don't think much of competing to score well in the Registry. Personally I have nothing against people wanting to compare their collections.

 

The reason some coins are more expensive than others is it is generally agreed they are nicer. The reason prices skyrocket for examples that can be argued to be the finest known is the competitive nature of many coin collectors. Some people simply want to own nicer coins than anybody else can have.

 

Registry quality implies the coin can be part of a top ranking set.

 

Now I agree with you all that some coins with lower grades on their label have more eye appeal than others with bigger grades. It seems a waste to register your collection and not add photos. However some people may just be using the Registry as inventory software.

 

Bottom line for me is I like the Registry concept and I like browsing people's collections. Naturally I like people to post photos, but am guilty of not posting photos of each and every coin I list.

[BillJones]

Now I agree with you all that some coins with lower grades on their label have more eye appeal than others with bigger grades. It seems a waste to register your collection and not add photos. However some people may just be using the Registry as inventory software.

 

Some coins with lower grades not have better eye appeal. Some of them are actually better. One prime example of this was that PCGS PR-70 Ultra Cameo 1963 Cent that chamged hands on the FUN show auction a few years ago. Whatever that coin was when it went into the slab many not have been what was when it was photographed for the a picture in COINage magazine after the sale. The piece had black spots and was toning.

 

That did not deter the registry lemmings, however. Even after a great many people pointed out what a joke this coin was on PCGS Forum, the foolish people who buy registry points and could care less about the coin bid it up to over $40,000. Finally PCGS was embarrassed into buying the coin back to get it off the market.

 

In the holder that coin had people bidding over 40 grand. Out of the holder, you would have been lucky to have gotten $15 for it.

[CarlWohlforth]

<<In the holder that coin had people bidding over 40 grand. Out of the holder, you would have been lucky to have gotten $15 for it.>>

 

Yes, I remember that one. Sure, that was crazy. There was speculation people bid it up just to sell it back to PCGS. Did PCGS win that auction or did they have to buy the coin back from the "winner?"

 

I don't like excesses or big egos but I see them all the time and not only in coin collecting. I think we see competition and big egos at auctions even when the players have no intention of listing the coin in the Registry.

 

I don't have the negative feeling about the Registry that many posters here appear to have. I like the Registry and have some fun with it.

[MikeInFL]

Clearly the majority of people replying to this thread so far don't think much of competing to score well in the Registry. Personally I have nothing against people wanting to compare their collections.

 

Carl, I believe that you may be misinterpreting the definition of the term "registry quality" with how people feel about the registry itself. I know in my case these have nothing at all to do with one another. I enjoy displaying my coins in my registry sets, sharing them with others, and I can respect the competition aspect too. However, I do not enjoy being oversold, which what is generally being done when this term is used (IMHO). There is a big difference between the two, at least to me. Take care....Mike

[IGWT]

I don't have the negative feeling about the Registry that many posters here appear to have. I like the Registry and have some fun with it.

 

The registries are like so much else in life. Whether they're a positive or a negative depends largely on the purpose to which they're put by individual participants.

[bsshog40]

I have 2 registries. One has about 15 coins the other 2. My reason to even start the registry was to give me a goal of completing certain sets. How I got started with jeffersons' I'll never know, but I have them now and the only way I look at them now is "how many of these can I get"? The points don't mean that much to me becuase I consider myself a commoner collector. I get coins in a med grade and that's fine with me. I've gotten lucky and had a couple coins give high points either lucked out and got a highgrade at a reasonable price or a coin that doesn't have any market experience. Registry Quality??? They're in a registry, but I surely don't think it makes them any better than any other coin of the same grade. The only way they made a registry in the first place is they're in a slab. When I see auctions using the term "Registry Quality", they are just using a marketable phrase to lure in buyers for a piticular coin. I don't think it's much different than using a TPG's name to market a coin. It's just an arrow in an auction to point a buyer to where they want go.

[CarlWohlforth]

<<However, I do not enjoy being oversold, which what is generally being done when this term is used (IMHO).>>

 

I guess I am getting used to being oversold. When I was a kid I could visit a public rest room and not be barraged with ads. Even back then it was hard to get a good deal when buying a car.

 

These days I hear "registry quality", "top pop", "blast white", "monster toning" and so on. So "registry quality" doesn't mean all that much to me, just normal hype. I do expect the coin to help most registry sets. I don't have any negative connotations when I hear it.

[Mirrored Morgan]

Teletrade uses the word "Registry" when they are selling high end coins that also have a high point rating in the Registry. It seems appropriate to me if they use this term on coins that are high end for their given series.

[michael]

"What does "Registry Quality" mean to you?"

 

Someone is trying to sell an overvalued coin.

 

also for me...........

 

a coin that without plastic would have much less value and demand i.e. a coin that can't stand on its own merits, something common and available raw for much less in thesame condition or pretty much close to it, that is waaaaaaaaaaaaaaay over-hyped.

 

in a nutshell when i see a coin that is listed as registry quality it has a NEGATIVE connotation in my mins eye. it passes right by me like a ship in the night

[SkyMan]

For me the specific term "Registry Quality" tends to mean a modern MS/PR in 70, that is essentially the same coin as 30% of the exact same coins in the mint packaging, but is sold at multiples of the price of the mint packaged coin.

 

Registries per se have their uses and abuses. Anyone that has a registry set that is the top 5 of their series that doesn't have AT LEAST one image of a coin in their set is IMHO a total plastic hound not a coin collector. On the other hand, a high grade set that was carefully picked out by a coin COLLECTOR and has a lot of images is often a joy to look at.

[JamminJ]

This phrase is being used in more auctions after it was coined ATS a while back. What do you think when you see this phrase used?

 

Coins for suckers.

[Beijim]

It means "hype" in my lexicon.

 

Beijim

[MikeKing]

Garbage.

 

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that's the best W. the best.