Rules

 

Each series in the PCGS Currency Registry is divided into two parts. The initial page lists the average grade, state of completion, and set rating of each set in two categories, All-Time Finest (ATF) and Current.  The ATF contains both current and retired sets. The Current category contains only current sets.  If the set is listed as "viewable," the second page displays each item registered in the set and, if added by the owner of the set, images and descriptions. Members may make their own comments about their sets. PCGS Currency experts reserve the right to edit set names, comments, and note descriptions. 

All-Time Finest and Current Sets

Each set listed as Current is comprised of PCGS Currency notes certified in accordance with our usual standards. A PCGS Currency note is defined as a note CURRENTLY encased in a PCGS Currency holder.

In order to list your set, you must own and have possession of the notes you are listing or be an agent with permission to represent a collection. (Possession may include items being held in your safe deposit box or items which you have consigned to auction.) A note is not considered owned by you if you have sold it to another and there has been a transference of ownership, regardless of buyback or return policies. Furthermore, this note should be removed from your inventory and set(s).  If the same note should return to your possession and you regain ownership, you then have the option to re-list it in the Registry.

You should retire a set from Current status when you have sold or broken up your set. To retire a set, simply delete the entire set. (Note that if you delete items from your set one by one, it will also reduce your All-Time Finest set completion.) If your set was at least 90% complete at the time of deletion, it will remain in the All-Time Finest category and will be listed with a "viewable" status. If you still own the notes in a retired set that was 90% complete at the time of retirement and the set remains in the All-Time Finest category, those same certification numbers cannot be re-used by you in a new set you may want to start which has the same set composition. Should you wish to re-use those notes, please contact the Set Registry customer service and the ATF set will be removed for you from the registry.

Should you attempt to list a note and you receive an error message telling you that the note is currently owned by another registrant, please use the automatic email feature that will send an email to the former owner asking for release.  Your name will not be sent to the other member. Please allow three business days for the former owner to release the note.  Registrants are urged to delete their sets or notes from the registry soon after sets or notes are sold in order to release the certification numbers for other registrants who may have purchased the items and wish to register them.

Current sets that are not at least 10% complete and have not been updated for at least 12 months will be unpublished from the Registry. The set will not be publishable until it has been updated.

Buying and Selling Policy

The PCGS Currency Set Registry is to be used to list collections of notes. By the sheer nature of the Registry, items listed are invariably bought and sold. However, using terminology such as "for sale or trade," "auction0607," or listing an item with a price is not permitted. (You may list your purchase price if you wish in “My Set Registry” for inventory and insurance purposes.) In addition, posting commerce website addresses is also not permitted. The Set Registry is self-policing. Should you see an infraction of this policy, please report it to setregistry@pcgscurrency.com.

Grade Points, Set Ratings and Weighting

After each set is registered, its "Grade Points" are determined. In unweighted sets, the grade points are the average grade of the notes in the set, plus or minus bonuses or deductions (see below).

For most weighted sets, the rarest note in the set may have a weight of "10" and the most common note will have a weight of "1." The grades are multiplied by the weights. That total is divided by the total number of note weights. That gives the "Weighted Grade Point Average." The "Set Rating" is achieved by dividing the weighted grade sum by the total sum of the weights in the entire set. All registered sets are listed in order of their Set Rating.

Points for Bonuses or Deductions

Notes graded PPQ receive bonus points which are determined by their grade.  The following is the default list of bonus points used.  If there are any variances to this list, it will be listed in the description of the set composition.

PPQ Bonuses:
Poor 1   No Bonus
Fair 2   No Bonus
About Good 3   No Bonus
Good 4   No Bonus
Good 6   No Bonus
Very Good 8   2
Very Good 10   2
Fine 12   3
Fine 15   5
Very Fine 20   5
Very Fine 25   5
Very Fine 30   5
Very Fine 35   5
Extremely Fine 40   5
Extremely Fine 45   5
About New 50   3
About New 53   2
Choice About New 55   3
Choice About New 58   2
New 60   2
New 61   2
New 62   2
Choice New 63   2
Very Choice New 64   2
Gem New 65   2
Gem New 66   2
Superb Gem New 67   2
Superb Gem New 68   2
Superb Gem New 69   2
Perfect New 70   2

The calculation for bonuses or deductions is as follows:
(Grade + Bonus) x Weight
(Grade - Deduction) x Weight

“Problem Note” Designations

Notes that have major faults such as tears, splits, holes, missing pieces or have been subject to major restoration, such as repaired tears or splits, redrawing of the design, bleaching of the paper, or even reconstruction of missing pieces, will be assigned a “problem note” designation.  Although these notes can be added to your inventory and sets in “My Set Registry," they are calculated at 50% of their grade and do not receive bonus points.  Problem notes are identified as "Red" in the Registry.

Ties


Sets are date-stamped according to the first date they are submitted for publication. In case of a tie the set which reaches the number one spot with 100% completion first will remain in the number one spot regardless of the set's first validation date. The following logic is used:

1) Highest rating NOW
2) Highest rating EVER
3) Highest rating ever DATE

As an example:

1)  Set #1 with the highest rating goes to the top slot.
2)  If set #2 ties set #1's rating, then set #1 remains in the top slot regardless of the first or last published date.
3)  If set #2 updates with a higher rating than set #1, then it takes the top slot.  However, if set #1 matches set #2's rating, set #1 retakes the top slot.

Set Changes

The PCGS Currency Set Registry is a work in progress. Notes may be added or subtracted from a set. These changes may affect a registrant's overall GPA and rating.

Online Registration is Free

There are no fees to register your set. Simply log-on, add your PCGS Currency-graded inventory, and start your set(s). Customer Service is available to answer any questions you may have. If you do not have access to a computer we will be glad to enter your notes for you for a minimal data entry fee. Please contact setregistry@pcgscurrency.com for more information on this service.