VSI68

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The addition of PCGS coins to U.S. Competitive Registry Sets.

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VSI Collection

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    I don’t know what other collectors think about NGC’s new policy but as for myself I think it’s good for these coins to be included.I don’t have many PCGS coins in my collection but I do have some I would like to add to my current Registry Type Set. I was able to use my PCGS coins in my Custom Set but not in any Registry Sets.To me this policy made no sense so I was glad to see the change.

 I would like to know what my fellow collectors think about this new policy both good and bad.

  By the way this is my first journal entry and a new area of the Collector’s Society I decided to explore.

 

 

 

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I think that reversing what was a very unpopular decision a couple of years ago is a good thing, however it also has a downside.  One of the real issues with the NGC registry was that too many sets; many top ranked sets; were/are 100% PCGS graded coins, so NGC is giving registry awards for sets that have no NGC coins in them.  That is the issue that should have been addressed then and still needs to be addressed now.

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I most definitely agree with you and you are correct to point this out. However,I believe that in order to be eligible for awards a Registry Set must now be comprised of 75% or more of its coins being NGC graded and the Set must be at least 50% or more complete at the time they are being judged.Therefore,the great majority of the coins must be NGC Coins.

 

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5 hours ago, Coinbuf said:

I think that reversing what was a very unpopular decision a couple of years ago is a good thing, however it also has a downside.  One of the real issues with the NGC registry was that too many sets; many top ranked sets; were/are 100% PCGS graded coins, so NGC is giving registry awards for sets that have no NGC coins in them.  That is the issue that should have been addressed then and still needs to be addressed now.

 

2 hours ago, VSI Collection said:

I believe that in order to be eligible for awards a Registry Set must now be comprised of 75% or more of its coins being NGC graded...

 

Correct, but that 75% rule applies to the Major Awards that get the plaques and the $500 grading credit.

For the smaller category awards, each US category gets 2 awards - "Best in Category," which considers everything, and "NGC Best in Category," which only coins points for NGC graded coins. A 100% PCGS set can still win "Best in Category," but not "NGC Best in Category."

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To clarify I am referring to the category awards, especially the best in category award as opposed to the awards that have dollar value.  While not a huge thing it would make more sense to make the best in category the one given for only NGC graded points and call the mixed award something else like best combined award or whatever.  To me best in category sounds more prestigious and should be used for the only NGC scores, but maybe I'm way overthinking it lol. 

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I didn’t realize the rest of the awards picture and now that you’ve  clarified this for me I agree that a mixed award should have a label which points out the difference.A NGC/PCGS Best in Category Combined Award label would differentiate between an All NGC Best in Category Award. I don't think you are overthinking this.

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No, it's an interesting point. In World categories there are no PCGS coins and so "Best in Category" is the only award and is defacto NGC only.

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