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Registry Sets....Do they earn a monetary premium? Trying Again
Crazy4Coins
Posts: 1,922 ✭✭✭
There is a reason why I ask...I will know if my idea is worth pursuing after reading your responses to this post...
I have noticed that coins from long time collections,such as the Eliasberg,earn a premium when they are sold.Premiums continue to be paid for the coin over and over again.So I started thinking about something...
I know registry sets represent the best sets of a particular type of coin....correct?
But what about these questions...
Are registry sets ever sold?
If they are sold, are they sold as a set?
Are they broken up and sold individually?
What venue is used to sell them?
Do registry sets have to contain coins owned by a single person?
And finally,well maybe not finally but.....
Does the seller earn/deserve a premium for his coins?
Would you pay a little more for a coin that came from the top registry set of its type?
Based on your replies, I'll know if my "bright idea" has a chance.....
Thanks,
Randy
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Comments
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"No Good Deed Goes Unpunished!"
"If it don't make $"
"It don't make cents""
the 'pedigree' coins you mention are valuable because they were part of a 'great' collection
ask in the registry forum -
Eliasberg is the stuff of legend. Eliasberg pedigree is simply not comparable to a registry set, no matter the rank.
Would you pay a little more for a coin that came from the top registry set of its type?
No.
He/she does NOT deserve a premium for the coins just because the coin was in
the set. If the coin is outstanding, then the coin can deserve it, but that would be
the same if it was sold by itself.
Most top ranked sets would be broken up to sell just because few people could
make a reasonable offer for the entire set.
The only person who wants a label that says "Joe's Collection" on it is Joe.
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since 8/1/6
if they are complete. Often this can be solely because they will appeal to al-
most all collectors for the series.
Otherwise any premium would simply have to be based on the coins themselves,
or the condition of the market.
Registry Sets have been sold.To my knowledge there hasn't been a premium paid for any of the coins.The old time collection coins receive a premium because of the owners.All of us hope to be held in their league but I doubt seriously if it will happen.JMHO
Registry 1909-1958 Proof Lincolns