When would you consider it to be worthwhile to resend a holder back in to be pedigreed?
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I was looking at a thread earlier where HA sent the buyer some old flips from past owners and the question in the title popped in my head. Does anyone have any opinions on this subject? Thanks!
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Most often, a historical old and famous provenance added to the label also adds value when it comes time to sell.
In contrast, a contemporary provenance may not be the same (e.g. Hansen).
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The simplest answer I can offer is when the value (to the owner which may not be only dollar value) is worth it to the current coin owner. I am not much on pedigrees or provenance in general, however I have been giving some thought to sending in one of the Stewart Blay coins I won to have the name added to the label, still on the fence.
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Does the pedigree matter to you? Some are more prominent than others.
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Personally, it doesn’t really matter to me but if it matters to a potential buyer down the road…
I like having a pedigree on my coins if possible. Obviously a more prominent name will add value to the coin, but even a more insignificant pedigree still contributes to the story of the coin. If I owned a coin that I was able to reholder with a pedigree on the label, I would probably do it as long as it wasn't an older holder.
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I’m in the minority….I avoid pedigree holders for my collection. Other than “The Crazy Houndog Collection” , I have never cared for them.
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There are several, one in particular, that are self promoters. I avoid those holders, but IF I bought one, I'd send it back to be reholdered to remove the so-called pedigree.
In my very small world of research interest, having an intact pedigree makes it much easier to track coins and determine population estimates. Having said that, with the marked improvement in photography it may not be as important from that standpoint in the future. Trying to follow lineage of coins based on pictures in 1970s and 1980s has been the pits.
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No. And would not pay a premium for one lol.
I have very few pedigreed coins in my collection, never really mattered to me. That being said, I'm waiting on a certain pedigree to come up for auction as a friend is selling his # 3 set ( just behind Hansen and another unnamed big dog ) I currently sit at # 4 and I do want a pedigreed coin from the # 3 set in my collection as my little tribute as he has helped me get to the # 4 spot by selling to me when he upgraded. He was to far in front for me to catch. Probably the only time I'll chase a pedigreed coin.
I own a 1939 PCGS MS 67Rd Lincoln Omaha Bank Hoard Pedigree that is very attractive and has a green CAC label with claims to a potential plus grade . I would like to think the pedigree in this particular instance adds to the value and prestige
In general, I am not interested in coin provenance/pedigrees. I do not seek them, nor would I pay a premium for them. One possible exception would be if I saw a coin with a certified connection to Thomas Jefferson, I would be tempted. Cheers, RickO
There is a post in the buy/sell/trade currency section of a silver certificate that has provenance where the note was Pres Cleveland’s wife’s and was sent to her on her 32nd birthday by the director of the mint at the time. I thought that was really cool but otherwise I would think that provenance isn’t a big deal to me.
I am just the opposite of many here. I like knowing who has held the coin in their hand before. I even try to get the catalogues of the coin's sales through time. I research past owners to get a feel for the man behind the name. That being said it's probably the old Social Studies teacher part of my past that makes me interested in the coin's history. I would pay a small premium for a well known pedigree in the series I collect.....Late Date Large Cents.
Depends on the coin and series as well as the prior ownership history associated with the pedigree
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An important provenance is an asset to the hobby.
Just like an ownership of a key document, the historical value of a link to an important collector who obtained directly from the Mint or can trace originality to the 19th century contemporary collector or dealer is always held in high regard, especially when it comes time to sell.
That said there are many labels that will never achieve notable additional value because of pedigree.
Historical figures, Eliasberg, very early collectors of renown I would add provenance. I find it hard to believe that anyone would ignore the provenance of a coin of historical interest.