Registering foreign coins in the Registry Set
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5 posts in this topic

Hi there 

I have many sets which straddle PCGS and NGC. The American ones can be cross registered but the World Coins can not, this is a grave shortcoming and i hope you agree needs to be addressed immediately 

Why? because it is insular and makes your company's Registry Set seem biased for those who collect set in your local market rather than international. 

Yours 

Thor (Ormus Collection) 

 

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Hello and thanks for your interest.

PCGS coins are allowed in US sets only. The decision to remove PCGS coins from World NGC Registry sets was made by Mark Salzberg, Chairman of NGC, in early 2012, and that decision remains.  In 2012, there was a significant expense to our company to expand the World NGC Registry to support both NGC and PCGS, and the result had been that we could not release new features that support collectors of World coins (such as integration with the World Coin Price Guide, Krause, and the Census). The different attributions and designations used by NGC and PCGS for World coins have compounded that difficulty. As such, only US PCGS coins are allowed in the NGC Registry.

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Hi Ali I am sure Blackstone would be happy to make this investment, as without it it holds back our industry. 

Did you know that the old traditional way to grade silver and gold was with a Black Stone?

i hope my share swings it!

Thor 

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On 7/21/2021 at 6:35 PM, Ormus said:

Hi Ali I am sure Blackstone would be happy to make this investment, as without it it holds back our industry. 

Blackstone is happy to make money. The Registry is a marketing tool at the end of the day. NGC does us the favor of letting us put PCGS coins in US sets and even splits out awards for those sets for NGC-only vs sets with PCGS coins included.

It is not necessarily in NGC's interest to bend over backwards more to make things more inclusive for their competitors and people who mostly support their competitor. It is not necessarily in their interest to show that they're willing to spend vast sums of money to do this. What message does this send to PCGS?

Try complaining on the PCGS boards about how they should allow NGC coins - which they don't. At all. They will probably ban you suggesting it.

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On 7/21/2021 at 12:02 PM, Ormus said:

Hi there 

I have many sets which straddle PCGS and NGC. The American ones can be cross registered but the World Coins can not, this is a grave shortcoming and i hope you agree needs to be addressed immediately 

Why? because it is insular and makes your company's Registry Set seem biased for those who collect set in your local market rather than international. 

 

 

 

OP, did you miss this part of the explanation?:

 

On 7/21/2021 at 3:31 PM, Ali E. said:

The different attributions and designations used by NGC and PCGS for World coins have compounded that difficulty. As such, only US PCGS coins are allowed in the NGC Registry.

If PCGS and NGC use different designations, and attribute world coins differently, how could they possibly include both company's coins in their registry? Can you imagine the confusion if, for example, NGC recognized varieties that PCGS did not, or vice versa. Or, if one company called a variety by one name, and the other company used a different name? Or if one company declared that a certain coin type existed, but the other company did not agree? If different standards are used - which they are - the amount of cross-referencing, footnoting, and explanations necessary would be staggering. And, that does not even take into account different standards used in grading, which, I am told, do actually exist. So, is NGC expected to change their grading standards to match their competitor, or should there be a (constantly-updated) chart that compares NGC grades to their PCGS equivalent? And, if the grades are different, which company's standards are used to rank the coins?

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