Seeking Advice - Getting Variety Attribution on Label Will Help or Hurt When Selling?
I have this 1827 Capped Bust Dime. Personally, I'm not "into" varieties. This one is not identified on the label, but a prior auction before my purchase has it identified as JR-13, Rarity-3. For my purposes, I'm fine as is, but when the time comes to sell my collection, either by me or my heirs, would it help or hurt the value at that time if I had it reholdered now with that JR-13 placed on the holder?
Even though that variety at Rarity-3 doesn't really add value (at least I don't think it does), would it help with bidding if it had that variety on the label, or would it hurt by scaring away collectors like me who don't care, but feel they may get stuck paying extra due to the variety on the label? For example, in my Morgan Dollar DATE set, I avoided buying coins with VAM numbers, figuring I would be paying a premium for something that I didn't care care about. Would the same apply here to other potential bidders if it were on the label? I recognize the auction listing would list it as that JR-13 variety.
Thanks for your advice.
Steve
Edit - As noted in a helpful reply below, this discussion is about a DIE MARRIAGE, NOT a Variety. See how little I know about this, lol.
My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
Comments
I like you could not care less about varieties for the most part. I would only spend the money to have that put on the label if past auction data shows a significant enough (this will vary by individual) increase in value. Something you did not mention in your post is the effect not having that on the label could have on those bidders who are looking to "cherry" a variety that is not listed. Would that increase or decrease the number and enthusiasm of those bidders, something that I do not know.
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I'd say leave it, but not necessarily for the reason in your poll. It's an eye appealing coin, a good candidate for type sets where the variety doesn't matter.
I'd only bother if it was a scarcer (maybe R-5 minimum) and probably only then if in a source like the Red Book. I don't see any significance in R-3 varieties. I consider 201-500 (per my Judd reference) rather common for specialization.
I'd have a different opinion (maybe) for early large cents, but I haven't seen attribution on most of these either.
I tried looking, but for this date in MS64, there are none listed as JR-13 in the PCGS pops, but that's because none in this grade have it on the label. But that's probably because other owners like me have not had theirs attributed (on the label). But my sense in looking at PCGS Price Guide values of JR-13 in other grades for 1827 is no real difference compared to no variety attribution. As noted, the variety guys indicate Rarity-3: not the most common variety, but not so unique either.
Thanks for voting and sharing your thoughts.
Steve
My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
Congrats on a beautiful coin. I have seen the coin in hand and it's really nice.
I don't think you need to get the JR number on the holder since it's only a R-3 variety. Just write the variety attribution on a small sticker if you want.
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No need to submit it unless you want to get it into a gold shield holder. I have never been a fan of the slab set up it is currently in. Beautiful coin but I have not seen you post anything but beautiful coins. Congrats.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino (CBH's - 37 Die Marriage's)
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
It will likely not add value for that coin although for other coins it may. I would still recommend it though because it is fairly inexpensive and you may just find that person who needs it and then you won't be cherrypicked (although sounds like you have a handle on this particular coin). Also, as a numismatic geek, it's neat!
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Very pretty coin. Personally, I would keep it as is. I wouldn't pay for variety attribution unless it's a least an R-5 or a redbook variety and actually adds value to the coin.
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No, keep the holder as is. The people who care like to cherrypick.
Print out your own variety label on a small slip and slap it on there. Heirs or auction house will at least know what it is and can decide what to do with it when that time comes.
Unless there's a significant value add based on past auctions, it's usually not worth it.
Usually, I look for TOP 50 VAMs and FS numbers that are popular when considering whether or not to get it attributed.
Coin Photographer.
First, the JR-13 designation is a Die Marriage, not a Variety per se. This may not seem like a difference to some, but it is to many of us who study Die Marriages.
Typically, R.1 through R.3 Die Marriages don't hold high premiums unless they are a "Redbook" (or other noticeable) variety.
This is a gorgeous coin that stands strong on it's own, and like many have said, a small sticker on the reverse designating it's marriage can't hurt ... but neither will the label IMO as it's not a coin someone will be "cherry-picking" in the usual sense, and specialists may appreciate the attribution. If it is correct, it should not hurt the future sale. IF you are re-holdering for other reasons, including TrueViews (which might be a crapshoot these days), then I would consider it.
my 2c ...
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
Thanks @pursuitofliberty , an edit has been made in my post text, placed in bold.
Thanks.
Steve
My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
This is a beautiful coin as is. Many would like to own this coin. Leave it alone IMHO.
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