Registry Ranking System
How Sets are Ranked
The goal of the Registry is to provide a competitive
but fun vehicle for both serious and beginning collectors to gain recognition
for the rarity of their sets. In that regard, we've developed a ranking system
that allows collectors of any experience level to participate. Following is an
explanation of how sets are ranked in the Registry.
We place a value on
each note that is based on the relative rarity of its type, date and grade. This
value takes many factors into account such as grade, population, market value,
eye appeal and expert opinion. When a set is ranked in the registry, its rank is
judged based on the total of the individual scores of all the notes.
As
a basic guide to our system, collectors can look to the market as an excellent
method of comparing the relative rarity of one note to another. There is simply
no better indicator of how much a note is desired.
There is, however, no
one perfect source that accounts for all the elements needed to be considered
when ranking sets in the Registry. Comparative values of notes in the market can
appear distorted (especially at the top end). On the other hand the grades alone
are a poor indicator of how much "finer" a note is because the grade does not
reflect the rarity of a note.
Through extensive market research, we are
able to provide a ranking system that recognizes the intelligence of the market,
but offers a more true reflection of relative rarity than does market value,
because it appropriately adjusts for market distortions.
Q:
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What is the EPQ designation? Do notes bearing the EPQ
designation carry more weight in the Registry?
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A:
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The "Exceptional Paper Quality" designation (indicated on the PMGC
label with an EPQ following the grade) specifies a note that PMG's graders
determined to have exceptional paper quality. PMG uses the designation
Exceptional Paper Quality (EPQ) for notes that, in the opinion of PMG graders,
are original. By original, we mean that a note has not been physically,
chemically, or materially processed to lend the appearance of a higher grade.
PMG graders examine the embossing, inks, and overall integrity of each note to
make the determination whether it will qualify for EPQ. Notes exhibiting normal
wear-and-tear for their respective grades are eligible; normal wear may include
factors affecting grade such as counting marks and folds. Notes receiving the
EPQ designation must furthermore be unrestored. A restored note has had
non-original material added to bring its appearance to a known or assumed
state.
A note with EPQ designation is automatically assigned a Registry point premium
in order to recognize its exceptional paper quality for the grade.
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What a Registry Score Means
When a set is assigned a score in the
Registry, the sole purpose of that score is to provide a standard against which
other sets in the Registry can be compared. A Registry score is not intended to
be used, and should not be used, as a grade, certification or authentication
with respect to a set or the notes in a set, nor as a basis for determining
market value.
In the Event of a Tie
The Registry system will first rank by score and
in the case of a tie the system will determine which set has the highest
percentage of note images. If the score and percentage of images is equal
between two sets, then the percentage of note descriptions will be considered.
So to break it down, ranking is achieved by considering in this order:
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Set score
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Percentage of notes with images
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Percentage of notes with descriptions
If all of the above items are equal between sets, then sets will be sorted by the
date the SCORE was achieved (first to achieve it will appear higher), but they
will have the same rank number beside their set.