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The price of Pedigree.

keetskeets Posts: 25,351 ✭✭✭✭✭
It's been bandied about here before, how much is a Pedigree'd coin worth?? Should a premium be paid and if so how much??

Here's a coin that I was tracking and I have sufficient sales records going back more than two years to have a reasonable expectation of what level the date should sell at. An average price is $63 which means that at least to this buyer the Pedigree was worth the same as the coin!!!

I know from tracking auctions that someone must have just unloaded many Benson Jefferson Nickels. Strange that the venue the seller chose was eBay, then of course it may be multiple sellers and just a coincidence that they all ended up on eBay in the same short time frame.

Al H.image

Comments

  • Tough question, and I don't think there's a cut and dried answer....
    I guess it depends how much a particular collector wants a particular pedigree.
    I've paid what many would consider "stupid" money for common date dollars, just because they are in a Redfield pedigreed Paramount holder...
    I'd pay a pretty good premium for an Eliasberg coin, just to say I have that little piece of history...
  • NumismanicNumismanic Posts: 2,582 ✭✭✭
    I guess it would depend on the buyer and the pedigree. The Benson coins are pretty common, I own three which I paid no premium for.
    I have a NGC 65 1935s nickel from the Eliasberg collection which I paid 50% over the average price, needless to say I feel a great pride
    in owning a coin from this great collection. Had an opportunity to buy a 1928 Oregon Trail pedigreed to the Garrett collection a while back
    from a dealer, but by the time a called it was gone. There was no premium on it, but I would have paid more for that one. image

    Don
  • I think that it definately depends on what the pedigree is.
    I would pay more for something out of a "great" collection,
    such as Eliasberg; I wouldn't pay a cent more for something
    from a collection that I didn't recognize. (and actually might
    lower my price by the cost to reslab and get rid of it)
    Robert Getty - Lifetime project to complete the finest collection of 1872 dated coins.
  • BladeBlade Posts: 1,744
    I would like to add an Eliasberg piece to my collection some day but want one that was featured & pictured in the catalogs. There were rolls sold and coin groups, but I have limited interest in those.

    Generally, I have seen the premiums for Eliasberg coins up to 100% for low value coins (<$300). For example, an MS65 1883 Liberty No Cent 5c worth $200 hammered on eBay at over $400. For high value coins (>$2,000), the premium is about 20%. I tried to buy an MS65 1907 Indian in MS65 from Eliasberg that was advertised with a 15% premium, but it had already been sold.
    Tom

    NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.

    Type collector since 1981
    Current focus 1855 date type set
  • relayerrelayer Posts: 10,570

    I've paid about a $200 premium for an Eliasberg 1883 No Cents 5c PCGS MS64, because it comes with two stories.

    Other than that one, I wouldn't pay very much

    image
    My posts viewed image times
    since 8/1/6
  • I found that I paid a small premium for a PCGS MS64 Constellatio (Garrett) pedigreed coin.

    imageimage
    Constellatio Collector sevenoften@hotmail.com
    ---------------------------------
    "No Good Deed Goes Unpunished!"
    "If it don't make $"
    "It don't make cents""
  • Conder101Conder101 Posts: 10,536


    << <i>I found that I paid a small premium for a PCGS MS64 Constellatio (Garrett) pedigreed coin. >>


    How do you know? How many MS-64 Constellatios of that variety are there out there to make comparisons against?
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    On coins such as this Constellatio, you don't pay for the pedigree. The pedigree merely breaks down your resistance to paying the full price for the quality of the coin.... image
  • jbstevenjbsteven Posts: 6,178
    I like the history that comes with a pedigree and will pay extra for it. I have one of the coins listed above in this thread from Eliasberg and consider it one of the few coins in my personal collection that is not for sale.

    I am presently reading the Wayne Miller Morgan book and the Eliasberg book so I am sure my interest will increase soon for some of these coins. To me a pedigree gives the coin something special that I can relate to. anyone got any Eliasberg coins they are tired of owning?
  • zennyzenny Posts: 1,547 ✭✭
    i thought the seller would be pleased with this premium


    is Binion even a pedigree?

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