Should pedigreed labels be available to anyone?

kranky

Is there any reason why someone who wants to pay for it shouldn't be allowed to have their coins pedigreed? I know that top registry sets can get them done for free, but why not make it a service that anyone can use for a fee?

I can't see that it would diminish any of the existing pedigrees, and I don't know why it needs to be kind of exclusive. It's just a label.

Gonfunko

That would be kind of cool. It might help in recovering stolen collections as well, if the theives are "mentally challenged" It'd be nice to have your own pedigree, as long as they don't charge more than aout a dollar extra.

NoGvmnt

Didn't DH allow Marty to have his weenie coins pedigreed (the madmarty collection?) Or was that just another MadMarty scam.

Jim

DAM

That would be a money maker for PCGS. Consider the number of collectors paying for pedigrees, then add to that the number of collectors removing those pedigrees... either adding their own or just getting rid of it.

The real winner would be the USPS.

Barry

Yes, it could be a money maker, but I think it cheapens the image of the slabbed coin, having anybody's name on it.
What would be next? Banner ads on slabs?

lava

Barry

nwcs

I think people should be able to get pedigree labels if they want to and want to pay a little more money for it. No different than getting a book embossed with your name.

mrearlygold

If you are serious about putting a specialized collection together and intend of going deep with it over a period of many years or even a lifetime, you SHOULD consider "naming" your collection. Eventually and if you indeed take this collection into varieties etc, the name will take a life of it's own and people will start to recognize that name.

And if your collection contains coins which are important, then the name will enhance the value over time.

Rgrds
Tom

RYK

I agree with Tom. Probably not for the circulated Lincoln memorial cent collector or state quarter collector, but if you are going to buy relatively rare and or high end coins and collect them over time, it would be nice to have the ability to have the name of your collection on your slabs.

I asked DH about this in the past and did not really get a direct answer. Perhaps, I will pose this in the Q&A again.

mrearlygold

Think of something important to you. Maybe it's the State bird of Ohio Who knows. It's personal. And Robert is right, it's not going to work with a circ lincoln set.

But if you're building a variety set of early half eagles ( as an example, or bust dollars) and you fully intend to build this as complete as possible and maybe even research these varieties and sub varieties ( in other words go deeper than most coin "dealers" can possibly go), then not only will you be building a great collection of value over time, but you'll also be making it personal to you ( and it is after all), hence why not name it?

It's a great hobby and few go as far as I'm suggesting, but the ones who do so, generally derive the most from it and also create an on-going heirloom unique to them.

Rgrds
Tom

RYK

I have already named my collection: The Three Rivers Collection
Kranky, Kensteelheader, and other locals should appreciate the reference.

kranky

RYK, I certainly do!

I think it's a pretty big stretch to compare a pedigree to banner ad. Let's say I buy a coin and trace it to a collection which isn't well-known but is relatively important to a specialist. I'd like to have it pedigreed to that collection so that future owners will be aware of its history. Why not?

I don't think a slab label actually has an image which can be cheapened. It's a label.

LouisCamp

Just think how much money PCGS can make re-slabbing the coins when sold!

The Joe Smoe collection to the Henry Weinner collection to the Alla ben Sober collection.

Lou

Barry

How about keeping the pedigree in an online database, and making it available via the bar code?
Anyone interested can pick up a bar code reader to interface with the database, print it out for their own interest, etc.

prooflike

I agree with Tom. Probably not for the circulated Lincoln memorial cent collector or state quarter collector, but if you are going to buy relatively rare and or high end coins and collect them over time, it would be nice to have the ability to have the name of your collection on your slabs.

So now only people with five figure coins can get custom labelling? What's the cut-off? Does this mean I'll have to sit at the back of the bus now too?? (See where I am going...)

My opinion is that anybody who is 100% done with a PCGS Registry Set should be able to get a custom label, even if they are all PO01.

Coinosaurus

Inevitatably there would be problems with establishing the "standard" for a pedigreed collection. I'd make a rule, like, the collection must be worth over $1m, OR the collection must represent the completion (or near completion) of an entire series. So if you want to pedigree your set of VF Franklins, I would allow that, as long as you have all of 'em.

RYK

What's the cut-off?

Just low enough so that I can get the pedigree.

kranky

<< <i>Inevitatably there would be problems with establishing the "standard" for a pedigreed collection. >>



Exactly. That's why anyone should be able to get one.

Louis

If you named your set "I like NGC" and it made the top 5 would they add that pedigree ?

docday2003

<< <i>Yes, it could be a money maker, but I think it cheapens the image of the slabbed coin, having anybody's name on it.
What would be next? Banner ads on slabs? >>

docday2003

<< <i>If you named your set "I like NGC" and it made the top 5 would they add that pedigree ?

>>

kranky

<< <i>If you named your set "I like NGC" and it made the top 5 would they add that pedigree ?

>>



They would probably jump at the chance - after all, the coins would still be in PCGS holders!

Russ

Russ, NCNE

khayse

I guess it doesn't matter. I'm very into the idea of getting my collections pedigreed and I think I can make it
into the top 5 so that I can.

I like the idea that if you see a name on the slab it's likely that it comes from a significant collection. Even if you don't
recognize the name you know that they were in the top 5.

On the other hand I would like to have pedigree coins from collectors on this board just because I know them.

-Khayse

mrcommem

I had my 50-piece Silver and 11-piece Gold Commemoratives pedigreed when they were in the top 5 sets. It was free the first time since they were over 90% complete. If I upgrade, I can still have the new coins pedigreed but it cost me the holdering fee. Both sets bear the pedigree "Overland Trail."

I think any set that is in the top 10 in their registry set and at least 90% complete should earn a pedigree.

nwcs

I still say let the floodgates be open. I don't care if it "cheapens" pedigrees or not. All a pedigree is, anyway, is a label. And most have no value.

ursabear

I think pedigrees for any of us should be allowable. Just because I don't have a "major" collection doesn't mean that I didn't spend inordinate amounts of time finding my MS68 '03D Sac. I think it was one of the two nicest coins I have ever "found."

Why shouldn't it have been Ex-ursabear when I sold it?

Cratylus

I am definitely against the proposal that any Tom, Dick, or Harry who finishes a complete set should be allowed to get a special "pedigree" label. To me, the word "pedigree" implies that it's something special or noteworthy or numismatically meaningful. What's so special about a complete set of Frankies in VF or a short set of Walkers in MS63? Anybody could assemble those sets in one afternoon at a decently sized coin show. There's nothing special or noteworthy about them. And I could care less that the coins in either of those sets used to be (or are currently) owned by Billy Ray Bodeen from Bugbite, Alabama. To me, a "pedigree" attached to a coin or set of coins should add a sense of history, mystique, or importance. If, essentialy, any collector can get a pedigree, I think it cheapens the whole reason that pedigreed coins/sets were introduced in the first place.

Pedigrees should be reserved for coins/sets of great numismatic importance. They should not be offered to an "average Joe" collector who happens to complete a particular series and who wants to see his name imprinted on a few PCGS labels for the hellavit.

kyleknap

I'd hate to see that happen. Be it because of money, a good eye, or whatever, some collectors' sets (Eliasberg, Norweb, Bass, Childs, etc.) really stand out, and coins carry a premium simply from being a part of those sets. Giving a pedigree to anyone who wants one is in a way comparing John Doe's set of circ. Lincolns to the collections I have mentioned, and I don't like that idea at all. A pedigree is an award, an acknowledgement of a significant accomplishment, and is something that is warranted only by the best of the best. PCGS shouldn't degrade the prestige of a pedigree by giving them out liberally. Just MHO.

Kyle

mgoodm3

Yes, and i want to call mine "Eliasburg" or "Noarweb"

Russ

<< <i>used to be (or are currently) owned by Billy Ray Bodeen from Bugbite, Alabama >>



He happens to be a collector of great renown.

Russ, NCNE

BAJJERFAN

caint yu jus see it? the achey breaky heart set!!

prooflike

What's so special about a complete set of Frankies in VF

what's so special about the rolls of Benson 66 common date mercs or the hundreds of Benson 66 war nickels???

So now is it the coin(s)/set that is pedigreed or the person??