Rare American Coins and Collecting the Highest Quality Examples

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Quality is an important goal in coin collecting.
Generally speaking you should buy the best quality you can afford; of course the higher the quality, the higher the price and the smaller collection you will have.
If you have the money, then quality can become everything.
If your pockets are deep enough, you can collect the finest known examples of coin varieties.
Finest known won't always be an MS70.
Many Pre1800's silver dollar examples have no uncirculated examples.
The finest known might only be an XF example.
The problem with collecting the finest known examples of your rare American coins is that you need to keep updating your collection as better examples show up for grading.
Collecting finest known rare American coins however, allows you the privilege of registering your coin with PCGS or NGC on their set registry lists.
It enables you to determine how your collection stacks up against other similar collections.
In the end, your silver dollar collection reflects who you are.
Let your collection reflect your personality, and collect what truly appeals to you.
It's all about enjoying the process.
COLLECTING RARE AMERICAN COINS AND THE REGISTRY SET Both NGC and PCGS have programs for registering your coin collection.
The intention is to pit collectors and investors against each other to see who can assemble the highest graded set possible.
PCGS only allows its own coins, but NGC will accept coins certified by either grading service.
You can register both business strikes and proof sets.
This is great for competitive collectors with deep pockets! PCGS launched the coin set registry in 2001 for US rare coins.
Collectors gain recognition for their efforts to acquire quality specimens.
Through the registry, collectors can keep track of their progress as they build their collection.
The ultimate goal of course is to have the highest ranked collection of one or more types of rare American coins.
PCGS distributes annual awards for the finest registry sets.
PCGS shows over 67,000 registry sets to date.
NGC also has a coin registry that allows its Collectors' Society members to display their coins, interact with other collectors, and compete for awards and recognition.
Participants can share their sets in one of the thousands of US and World Competitive Set types, all for free.
There are a lot of categories and ways to compete in these registries.
The net effect of the registry has been to have the best quality coins command substantial premium over the close-to-the-best examples.
This has proven to increase price action for the best of the best rare American coins.
There has been a marked increase in demand for the highest mint state grades of these registered rare American coins.
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