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Registry Points

Started by Morpheus1967,

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Morpheus1967

Morpheus1967

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Posted

Good day.  I have a question regarding how you assign a "point" value to a coin.  In looking at some of my coins, it seems scarcity is not that much of a determining factor?  Take for example the 2017 Silver Eagle Proof.  The one for the West Point mint gets a point value of say 234 points for a PF69.  A PF69 from the Congratulations set is worth the same amount of points.  Even though there were tens of millions of the W mint mark, and only 75,000 of the S mint mark.  So does NGC just say they are all 2017 proofs and  assign a point value as such?  Irregardless of where it was minted?  I notice the 2015 mint strike coins from the Philadelphia mint are assigned a value extremely close to just a regular mint strike, even though only 79,000 were minted in Philadelphia.

 

So if this is the case, why such an enormous point differential between say a 1995 proof struck in Philadelphia and the 1995 proof struck at West Point.  And again if where it was minted and the scarcity of the number graded from each mint is meaningless, why has NGC  gone out of their way to issue different slabs where the only difference is the mint on the label.  If it doesn't matter in terms of a point value assigned, or the NGC value, why differentiate the mints on the labels?

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Ali E.

Ali E.

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Thank you for the question. You are correct: the 2017-S Proof Silver Eagle should receive more NGC Registry points than a 2017-W Proof Silver Eagle. When a coin is first released and market values are not widely available we will sometimes use the NGC Registry score for the next-closest coin. Market values for the 2017-S Proof Silver Eagle are now available and we have updated its NGC Registry score. 

We do not generally assign different NGC Registry scores to different special designations or pedigrees. These generally receive the same point scores as the non-designated or non-pedigreed coin. We believe that collectors should collect what they like, and they can choose whether they want to collect coins with or without special designations or pedigrees. 

 

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