Registered: 01/28/02
Posts: 5681
Loc: Western Washington
Whatever floats a particular collector's boat, I guess. What do dealers do with lower grade key dates? I think the answer is that they sell them to collectors like me, for what that is worth. Nobody who collects these is gaming the registry because they do not garner anywhere near the points that a moderm PF70UCAM widget does. Some of my ($7 raw) proof Ike's get more registry points than some of these 150 year old, classic coins do.
However, being practical as always, I too have seen dealer's eyes hood and see their surpressed yawns under their hand when I even mention looking for this stuff. I hear you Bill, but I have never had a dealer refuse my money for one of these booring (to some) coins.
I have come full circle from where I started 48 years ago. I started by collecting mostly older, classic collector coins which held an interest for me. I converted the largest bulk of my coin holdings over to savings years ago, when my kids needed college tuition. Now I collect what I want.
May each be able to find and fulfill his/her own needs in this hobby.
Registered: 01/28/02
Posts: 5681
Loc: Western Washington
We have met the enemy and they were not us after all! All of the effects of type scoring change and speculation is now over. The transition of type to regular set scoring went smoothly for most part, I think. The order and logic of the world did not collapse or even change much that I can see? It surely did not change my life in any really substantive manner, except I am more pleased with the new scores more closely representing value is now more appreciated in better reflected scores.
I feel more vindicated score-wise and not certainly in a bad way, just happier that this was done. It is discouraging to have an $8 Ike proof be worth more than a AU55 WLH which I paid more than $300 for. I realise that the Registry is front loaded for maximum collector participation and registry participation and interest. After 10 years of Registry participation, I am ok with all of this and just happy to see some progress toward classical coin scoring realities as they pertain to cost, time spent in acquisition and the points that they get in return.
Thank you for listening to the rank and file member's concerns.
Arch, you were pretty reserved about this commitment and expressed a strong opinion about "be careful what you ask for" concerns. How do you perceive this change now that it is post-implementation and the ripple effect now seems to have not been a Tsunami but more of a ripple, stated as a concern (IMHO of course)?
We have met the enemy and they were not us after all! All of the effects of type scoring change and speculation is now over. The transition of type to regular set scoring went smoothly for most part, I think. The order and logic of the world did not collapse or even change much that I can see? It surely did not change my life in any really substantive manner, except I am more pleased with the new scores more closely representing value is now more appreciated in better reflected scores.
I feel more vindicated score-wise and not certainly in a bad way, just happier that this was done. It is discouraging to have an $8 Ike proof be worth more than a AU55 WLH which I paid more than $300 for. I realise that the Registry is front loaded for maximum collector participation and registry participation and interest. After 10 years of Registry participation, I am ok with all of this and just happy to see some progress toward classical coin scoring realities as they pertain to cost, time spent in acquisition and the points that they get in return.
Thank you for listening to the rank and file member's concerns.
Arch, you were pretty reserved about this commitment and expressed a strong opinion about "be careful what you ask for" concerns. How do you perceive this change now that it is post-implementation and the ripple effect now seems to have not been a Tsunami but more of a ripple, stated as a concern (IMHO of course)?
What are you talking about? This change has not taken effect. I still have coins in type sets worth different that they are worth in series sets. Maybe they are rolling it out piece-meal over series? But, they certainly didn't make this change as they said they were going to do back in January (3+ months ago!)
We have met the enemy and they were not us after all! All of the effects of type scoring change and speculation is now over. The transition of type to regular set scoring went smoothly for most part, I think. The order and logic of the world did not collapse or even change much that I can see? It surely did not change my life in any really substantive manner, except I am more pleased with the new scores more closely representing value is now more appreciated in better reflected scores.
I feel more vindicated score-wise and not certainly in a bad way, just happier that this was done. It is discouraging to have an $8 Ike proof be worth more than a AU55 WLH which I paid more than $300 for. I realise that the Registry is front loaded for maximum collector participation and registry participation and interest. After 10 years of Registry participation, I am ok with all of this and just happy to see some progress toward classical coin scoring realities as they pertain to cost, time spent in acquisition and the points that they get in return.
Thank you for listening to the rank and file member's concerns.
Arch, you were pretty reserved about this commitment and expressed a strong opinion about "be careful what you ask for" concerns. How do you perceive this change now that it is post-implementation and the ripple effect now seems to have not been a Tsunami but more of a ripple, stated as a concern (IMHO of course)?
I haven't noticed changes like that either. I did see the changes related to AU coins, but nothing making classic coin points higher than modern coin points. Then again, now that I have most of the modern coins in my type set, I am not sure I want to change the game at this point.
Registered: 01/28/02
Posts: 5681
Loc: Western Washington
I thought that type scopes for higher denomination gold coins in type sets (e.g. 18th Centry Type Set) were going to be adjusted so that the scores for the individual coin were going to be used in type sets as well. I notice that this was upgraded for AU coins but not for MS coins. Is this really a separate issue? I thought that we had agreement in principle that the better coins were going to get higher grades in Type Sets across the board, not just AU?
Yes, that change has not happened, not that I want it happen. I have an 1838-D half eagle in MS-63 in my type coin slot, it's still scored the same as an 1834 in MS-63 would be.
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-- Retired dealer. I am a numismatic author. I specialize in choice early coins and poltitical tokens. I've been collecting coins, tokens and medals for over 50 years. Check my type sets! Type Set My gold type set Gold Type Set
I for one, think each coin should have the same score regardless of date or type set.
If you were a type collector, you would not agree with that statement. The object of type collecting is to locate the finest preserved and in some cases struck, (made) example of a design or type that you can afford. If you let down the flood gates and give people high registry scores for ciruclated key date coins in the type slots, those of us who are dedicated type collectors will be pushed to secondary areas of the rankings. This policy would be totally contrary to the long held goal of the building a type set with high grade coins.
_________________________
-- Retired dealer. I am a numismatic author. I specialize in choice early coins and poltitical tokens. I've been collecting coins, tokens and medals for over 50 years. Check my type sets! Type Set My gold type set Gold Type Set
I think you misunderstood me Bill. And I totally agree with you.
Right now though, some of my coins with high regisry points in a date set are showing a different, and much less points, in the type set registry sets.
I want these coins to have the same points no matter what registry sets they are in.
This change is ridiculous. Not everyone wants a low grade example of a rare coin. This change does nothing but lower the value of high grade examples of common date coins and push more big bucks to the pockets of those with the rare date coins. This change does nothing to expand the hobby. Max I think you guys need to rethink this one.
