Cuesandcoins | MyCollect

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Hello.... I started collecting currency but stopped due to substandard grading practices. I thought coins had some inconsistency's but bill grading, is a circus. IMHO someone needs to make a visual set of standards and definitions and people who get hired for being graders need to understand it. If these two bills are within the same grading window, then there is a problem with grading. Maybe the windows need to be tightened, or defined. Before you say buy the bill not the grade, of course. That is NOT the point.

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As a collector and someone very familiar with auction antics, especially online, there are always concerns that need to be thought about when partaking in an auction as a bidder. Shill bidding is number one. It has always been my opinion that an auction is a gamble by the consignor. If a consignor knows his auction is in play, there is NOTHING an auctioneer can do to prevent his client or his clients' friends from driving up a bid. I cannot tell you the number of times I have been approached as the "second" bidder when the winner has an "issue" with paying. This is the number one red flag in any auction you enter. I think it is borderline criminal that someone drives up their own auction, and if it allowed, I would not want to participate with that company. This industry is fraught with rumors of foul play in auctions BTW, but almost all auctions regardless of their specialty have similar complaints.
Just for the record, I partake and like GC's auctions. I have 6-8 coins from GC. But I actually stopped participating in 2 companies auctions based on shenanigans which were obvious.
I appreciate anyone else's take and comments.

As a collector and someone very familiar with auction antics, especially online, there are always concerns that need to be thought about when partaking in an auction as a bidder. Shill bidding is number one. It has always been my opinion that an auction is a gamble by the consignor. If a consignor knows his auction is in play, there is NOTHING an auctioneer can do to prevent his client or his clients' friends from driving up a bid. I cannot tell you the number of times I have been approached as the "second" bidder when the winner has an "issue" with paying. This is the number one red flag in any auction you enter. I think it is borderline criminal that someone drives up their own auction, and if it allowed, I would not want to participate with that company. This industry is fraught with rumors of foul play in auctions BTW, but almost all auctions regardless of their specialty have similar complaints. Just for the record, I partake and like GC's auctions. I have 6-8 coins from GC. But I actually stopped participating in 2 companies auctions based on shenanigans which were obvious. I appreciate anyone else's take and comments.

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alwaysseekingsilver

I don't have a drop-down selector box choice on your summary page shown above, but I do update an excel schedule similar to your detail page below whenever I add a coin to the collection (or sell/gift one away). I keep track of cert numbers, grading service, coin type, date, mint, variety, cost, PCGS and NGC price guide values, as well as CPG and Greysheet Wholesale/Bid value amounts (and one column representing the lowest of all those values) and theoretical profit/loss of that lowest value compared to my cost. Cost includes any buyer premium and shipping I paid, so I know the full cost of what I've spent on what I own, as well as the date purchased and from who/where it was purchased.

I don't have a drop-down selector box choice on your summary page shown above, but I do update an excel schedule similar to your detail page below whenever I add a coin to the collection (or sell/gift one away). I keep track of cert numbers, grading service, coin type, date, mint, variety, cost, PCGS and NGC price guide values, as well as CPG and Greysheet Wholesale/Bid value amounts (and one column representing the lowest of all those values) and theoretical profit/loss of that lowest value compared to my cost. Cost includes any buyer premium and shipping I paid, so I know the full cost of what I've spent on what I own, as well as the date purchased and from who/where it was purchased.
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Woodrow

I don't even know what all that is , or how to do it .
I can still build ya a nice true sturdy brick wall tho.

I don't even know what all that is , or how to do it . I can still build ya a nice true sturdy brick wall tho. 🤣
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- Woodrow
  
  I'm ova here , jammin coins in cigar boxes . Btw . You can fit 36 rattlers in a newer 20 PCGS box.
  
  I'm ova here , jammin coins in cigar boxes . Btw . You can fit 36 rattlers in a newer 20 PCGS box. 🤣
  
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- Cuesandcoins
  
  Woodrow Before I had a "case" I stored in an old Billiard Ball Box... but out grew that quick.
  
  [Woodrow] Before I had a "case" I stored in an old Billiard Ball Box... but out grew that quick.
  
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- Woodrow
  
  Cuesandcoins I like dat box a lot
  
  [Cuesandcoins] I like dat box a lot
- MONKEYROCKET
  
  Cuesandcoins I like that wooden box!
  
  [Cuesandcoins] I like that wooden box!
  
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ToddPollock

I dont have my own DB but my favorite tool used to be an over ay of the Morgan Dollar pop report, so it had all graded MS, PL, DMPL and the price guide. It helped me find great sweet spots for what DMPL grades to buy. I must have made it 20 years ago when you could download a pop report.

I dont have my own DB but my favorite tool used to be an over ay of the Morgan Dollar pop report, so it had all graded MS, PL, DMPL and the price guide. It helped me find great sweet spots for what DMPL grades to buy. I must have made it 20 years ago when you could download a pop report.
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- ToddPollock
  
  A snipet of what I used:
  
  A snipet of what I used:
  
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- Cuesandcoins
  
  ToddPollock It's unfortunate that you cannot get an importable file from the grading companies. CSV file would be a great monthly bonus.
  
  [ToddPollock] It's unfortunate that you cannot get an importable file from the grading companies. CSV file would be a great monthly bonus.
  
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- ToddPollock
  
  Cuesandcoins Yep those days are long gone.
  
  [Cuesandcoins] Yep those days are long gone.
- Cuesandcoins
  
  ToddPollock I tried using Adobe to reverse engineer scans of grey sheet "supposedly" you can get usable data extraction from a PDF file, but not out of a magazine.
  
  [ToddPollock] I tried using Adobe to reverse engineer scans of grey sheet "supposedly" you can get usable data extraction from a PDF file, but not out of a magazine.
Cuesandcoins

This is the information page. The only thing you won't recognize is the Box No. That is the row and slot of my collector case.

This is the information page. The only thing you won't recognize is the Box No. That is the row and slot of my collector case.
Cuesandcoins

This is the layout to my master sheet.... which was partly derived from an export from one of the grading companies.

This is the layout to my master sheet.... which was partly derived from an export from one of the grading companies.

Coinaddict

My collect, NGC

My collect, NGC
YN_Evan2010

I use CAC, PCGS, and MyCollect. MyCollect is by far the best and easiest to use IMHO

I use CAC, PCGS, and MyCollect. MyCollect is by far the best and easiest to use IMHO
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bretsan

CAC and MyCollect

CAC and MyCollect
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Woodrow

The same 3 .MyCollect, PCGS,CAC.

The same 3 .MyCollect, PCGS,CAC.
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MeantToBeSpent

I've been in the pcgs registry since 2002. I imported my coins here and some at cac but keeping up to date on 3 registries may be too much effort. I may have to let some go for a while. Even though pcgs is my least favorite organization of the 3 by far, they did the registry right for the most part, with a natural scoring and clear pop data. It was better actually before there were top pop bonuses etc. I don't like cac's and mycollects as much.

I've been in the pcgs registry since 2002. I imported my coins here and some at cac but keeping up to date on 3 registries may be too much effort. I may have to let some go for a while. Even though pcgs is my least favorite organization of the 3 by far, they did the registry right for the most part, with a natural scoring and clear pop data. It was better actually before there were top pop bonuses etc. I don't like cac's and mycollects as much.
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View previous replies
- ToddPollock
  
  MeantToBeSpent This set Jefferson Nickels Basic FS Set, Circulation Strikes 1938-Present, does not include the 1960-D so you can still get to 100% complete. Would it be better to add it in and as non-FS?
  
  [MeantToBeSpent] This set Jefferson Nickels Basic FS Set, Circulation Strikes 1938-Present, does not include the 1960-D so you can still get to 100% complete. Would it be better to add it in and as non-FS?
- Cuesandcoins
  
  MeantToBeSpent I understand that frustration. There are some sets that have a super low mintage coin and theoretically you'll never own one. But if a "SET" is defined using one of those coins, than that is what it is. The only answer to an issue like that would be to mint a "reissue" coin, slab it, and use it as a place holder. For instance a one oz silver 1893-S, slabbed, that says reissue not only on the holder but on the coin as well. It is a slippery slope and one that would have to be managed and watched.
  
  [MeantToBeSpent] I understand that frustration. There are some sets that have a super low mintage coin and theoretically you'll never own one. But if a "SET" is defined using one of those coins, than that is what it is. The only answer to an issue like that would be to mint a "reissue" coin, slab it, and use it as a place holder. For instance a one oz silver 1893-S, slabbed, that says reissue not only on the holder but on the coin as well. It is a slippery slope and one that would have to be managed and watched.
- ToddPollock
  
  Cuesandcoins I don't mind excluding unobtainable coins, it is just hard to define. If PCGS has 0, NGC has 2, ANACS has 3 and CACG has 1 (or 0) is that mean it should be excluded? I think it is a grey area hard to be consistent on. I do feel the pain as a collector, I collect DMPL's and cant ever have a complete set (due to both availability and price or the last few coins).
  
  [Cuesandcoins] I don't mind excluding unobtainable coins, it is just hard to define. If PCGS has 0, NGC has 2, ANACS has 3 and CACG has 1 (or 0) is that mean it should be excluded? I think it is a grey area hard to be consistent on. I do feel the pain as a collector, I collect DMPL's and cant ever have a complete set (due to both availability and price or the last few coins).
  
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- MeantToBeSpent
  
  ToddPollock The difference with classic sets that have true rarities is that these coins are not unobtainable. They are just unobtainable or virtually so with the strike designations. No one ever sets out to complete 80-90% of a Jefferson Nickel set. They always have the rest of the coins, they just don't have the FS on them. Is this a difficult programming fix? Is that the reluctance?
  
  [ToddPollock] The difference with classic sets that have true rarities is that these coins are not unobtainable. They are just unobtainable or virtually so with the strike designations. No one ever sets out to complete 80-90% of a Jefferson Nickel set. They always have the rest of the coins, they just don't have the FS on them. Is this a difficult programming fix? Is that the reluctance?
- ToddPollock
  
  MeantToBeSpent I would say the reluctance is I have not heard this feedback before so now need to figure out what to do. I encourage everyone to add any set feedback via post U.S. Coin Sets Discussion [MyCollect™ Official] so I can see what people are looking for and hopefully people can discuss.
  
  [MeantToBeSpent] I would say the reluctance is I have not heard this feedback before so now need to figure out what to do. I encourage everyone to add any set feedback via post [group:coinsettalk] so I can see what people are looking for and hopefully people can discuss.

Cuesandcoins

I have a folder of PMG catastrophically inconsistent grading. In fact I am positive that PMG stands for Pretty Much Guessing. The day bills are "CAC'd" cannot come soon enough.

I have a folder of PMG catastrophically inconsistent grading. In fact I am positive that PMG stands for Pretty Much Guessing. The day bills are "CAC'd" cannot come soon enough.

Woodrow

Very nice

Very nice
Cuesandcoins

Outgoing...

Outgoing...
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RyanG

Wow, great coin bro. Get it CAC'd if you can. It will boost the value.

Wow, great coin bro. Get it CAC'd if you can. It will boost the value.
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- Cuesandcoins
  
  RyanG I will have quite a few to send in that is for sure.
  
  [RyanG] I will have quite a few to send in that is for sure.

StevenFarrell

I don't think it matters all that much unless you get into a bidder war. I always bid before the sale as a proxy. I am willing to X amount for a coin then walk away if it is over that amount. I have had calls to buy coins at my last bid because someone couldn't pay but I have never accepted those offers before. At the end of the day the coin is worth what 2 people think it is even if the other person is the owner. Just my opinion.

I don't think it matters all that much unless you get into a bidder war. I always bid before the sale as a proxy. I am willing to X amount for a coin then walk away if it is over that amount. I have had calls to buy coins at my last bid because someone couldn't pay but I have never accepted those offers before. At the end of the day the coin is worth what 2 people think it is even if the other person is the owner. Just my opinion.
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- Cuesandcoins
  
  StevenFarrell I am with you.. I usually put in my max and let the chips fall where they may. But I don't believe the owner should be driving the price up. That is the gamble when you put your item up for auction.
  
  [StevenFarrell] I am with you.. I usually put in my max and let the chips fall where they may. But I don't believe the owner should be driving the price up. That is the gamble when you put your item up for auction.
  
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