Let's face it, set registries have been one of the most brilliant marketing strategies implemented by TPGs. Whether you participate in them or not, you can't deny that the competition amongst collectors has helped fuel the growth of the hobby exponentially over the past decade. PCGS offers a wide array of different sets to be completed, but I believe that some different sets with an alternate composition could be even more popular and help propel the growth of the CAC registry in its infancy. For reference, I currently do not participate in any registry sets at all, and I only have gold coins in my collection at the moment, so I will only be making recommendations that I think would benefit collectors of U.S. Gold. I do recall in another thread that the CAC team welcomed any feedback regarding set registries, so here it is.
Let's take a look at some of the gold type sets currently offered by PCGS. For circulation strikes, you have the 8 & 12 piece sets, which are fairly popular. Then, if you really want to go the extra mile, you can complete the full (36 piece) gold type set, however this set is is prohibitively expensive for the vast majority of collectors. Not many people can afford a set that includes both a Wire Edge and Rolled Edge Indian $10, a Large Capped Bust $2.5, or a Small Eagle Draped $10. Taking cost into consideration, most collectors settle for the 8 or the 12 piece sets, but Im convinced that that some minor expansions of those sets would be popular with many gold collectors, and help encourage participation in the new CAC registry.
The 12 Piece set includes:
Can anyone explain why the Gold Dollar deserves 3 spots in this set? Why is it that other coins with multiple types aren't necessary but for the $1 we need all 3 types? This has been the primary reason that I have yet to attempt to complete this set, and my assumption, based on recent activity on the other forum, is that I may not be alone in this opinion. I don't have anything against gold dollars, but the small size isn't everyones cup of tea, and many would rather not consume such a large portion of collecting funds hunting down all 3 types. My suggestion for the modification of this set is simple; Remove the requirement to obtain all 3 types and make this a 10 piece set, with one Gold Dollar, regardless of type.
Furthermore, I think an expansion of that set would be equally as popular, if not more. While these additional coins are rarely found for bargain prices, they are still much more attainable than the prohibitively expensive types required for the 36 piece set. This 17 piece set would encompass the entire history of U.S. gold coinage from start to finish, and I firmly believe that more gold type collectors would participate in the registries for a set such as this one. Take the 10 piece composition and add:
Im looking forward to hearing any feedback from the forum regarding these ideas, all opinions are welcome. 🙂