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When would you consider it to be worthwhile to resend a holder back in to be pedigreed?

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!

Comments

  • CatbertCatbert Posts: 6,600 ✭✭✭✭✭
    edited February 5, 2023 9:59AM

    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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  • jeffas1974jeffas1974 Posts: 310 ✭✭✭

    Thanks @Catbert :)

  • coinbufcoinbuf Posts: 10,752 ✭✭✭✭✭

    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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  • oih82w8oih82w8 Posts: 11,892 ✭✭✭✭✭

    Does the pedigree matter to you? Some are more prominent than others.

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  • jeffas1974jeffas1974 Posts: 310 ✭✭✭

    @oih82w8 said:
    Does the pedigree matter to you? Some are more prominent than others.

    Personally, it doesn’t really matter to me but if it matters to a potential buyer down the road…

  • DeplorableDanDeplorableDan Posts: 2,532 ✭✭✭✭✭

    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.

  • Downtown1974Downtown1974 Posts: 6,713 ✭✭✭✭✭

    I’m in the minority….I avoid pedigree holders for my collection. Other than “The Crazy Houndog Collection” , I have never cared for them.

  • MWallaceMWallace Posts: 3,854 ✭✭✭✭✭

    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.

  • Dr_BonesDr_Bones Posts: 67 ✭✭✭

    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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  • Cougar1978Cougar1978 Posts: 7,612 ✭✭✭✭✭
    edited February 5, 2023 8:39PM

    No. And would not pay a premium for one lol.

    So Cali Area - Coins & Currency
  • Tom147Tom147 Posts: 1,431 ✭✭✭✭✭

    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.

  • WalkerloverWalkerlover Posts: 696 ✭✭✭✭

    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

  • 291fifth291fifth Posts: 23,936 ✭✭✭✭✭
    1. Just how much value would the pedigree add to the slab.
    2. Would the TPG accept the connection between the already slabbed coin and the loose flips? If I were the person in charge of the TPG I would not as it seems much the same as submitting a coin that has been cracked out of a slab with the slab label and claiming it is the same coin.
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  • rickoricko Posts: 98,724 ✭✭✭✭✭

    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

  • jeffas1974jeffas1974 Posts: 310 ✭✭✭

    @ricko said:
    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.

  • RLSnapperRLSnapper Posts: 516 ✭✭✭✭✭

    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.

  • coinkatcoinkat Posts: 22,764 ✭✭✭✭✭

    Depends on the coin and series as well as the prior ownership history associated with the pedigree

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  • fathomfathom Posts: 1,513 ✭✭✭✭✭

    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.

  • oldabeintxoldabeintx Posts: 1,632 ✭✭✭✭✭

    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.

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