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PMG Registry: Why is my note listed in a set, yet it receives no score?

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**Why is this note marked as "non-competitive" in my PMG Competitive Registry Set?**

There are many factors involved when making the decision to mark a note as "non-competitive, for display, only" in a PMG Registry Set. These factors may include low mintage, difficulty in obtaining/purchasing the note, and an unusually high price in relation to the other notes required to fill the set. These factors are carefully considered when our senior numismatic team makes the decision which is done on a note-by-note basis.

If a note is “non-competitive; for display, only,” then it does not count toward percentage completion of a set. For example, if there are ten slots/notes listed in a set, and one of them is “non-competitive,” then a collector only needs 9 notes to be at 100% completion. This functionality enables a collector who can afford the rare or very expensive collectible to still display his unique find to others while also enabling a competitive atmosphere that is attractive to all interested collectors. We aim to make 100% completion of any PMG Registry set attainable for our average collector. 

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