Point Drop for Turkey Registry Sets

[Mohawk]

Hello....

I was wondering if anyone could help me understand this.....I just checked on my sets in the following categories:

5 Para, AH1327//2 (1910) - AH1327//7 (1915), Circulation Issue	1
10 Para, AH1327//2 (1910) - AH1327//8 (1916), Circulation Issue	1
20 Para, AH1327 (1909) - AH1327//7 (1915), Circulation Issue	2
40 Para, AH1327//3 (1910) - AH1336//4 (1920), Circulation Issue and I noticed serious point drops across the board for all the coins in the sets.  I was wondering why this happened.....I'm more curious than anything, really. Thanks! ~Tom

[Maribeth]

11 hours ago, Mohawk said:

Hello....

I was wondering if anyone could help me understand this.....I just checked on my sets in the following categories:

5 Para, AH1327//2 (1910) - AH1327//7 (1915), Circulation Issue	1
10 Para, AH1327//2 (1910) - AH1327//8 (1916), Circulation Issue	1
20 Para, AH1327 (1909) - AH1327//7 (1915), Circulation Issue	2
40 Para, AH1327//3 (1910) - AH1336//4 (1920), Circulation Issue and I noticed serious point drops across the board for all the coins in the sets.  I was wondering why this happened.....I'm more curious than anything, really. Thanks! ~Tom

Hello Mohawk, 

Thank you for the inquiry.  NGC will periodically review scores and make any necessary adjustments at that time.  We recently completed a review of the scores for these sets and any changes were made across the board for all collectors.  

We place a score value on each coin that is based on the relative rarity of its type, date and grade. This value takes many factors into account such as grade, population, market value, eye appeal and expert opinion. When a set is ranked in the registry, its rank is judged based on the total of the individual scores of all the coins. 

As a basic guide to our system, collectors can look to the market as an excellent method of comparing the relative rarity of one coin to another. There is simply no better indicator of how much a coin is desired. 

There is, however, no one perfect source that accounts for all the elements needed to be considered when ranking sets in the Registry. Comparative values of coins in the market can appear distorted (especially at the top end). On the other hand, the grades alone are a poor indicator of how much "finer" a coin is because the grade does not reflect the rarity of a coin. 

Through extensive market research, we are able to provide a ranking system that recognizes the intelligence of the market, but offers a more true reflection of relative rarity than does market value, because it appropriately adjusts for market distortions.

[Mohawk]

Hi Maribeth,

Thank you for the explanation.  I really appreciate it and it does make sense.  Thanks for satisfying my curiosity!

Best Regards

~Tom