Childs pedigree

koinkrazy · January 13, 2005 1:41PM

I just received some cross over coins. One was in a NGC holder, with Childs pedifree on the label, it crossed to PCGS but they didn't include the Childs pedigree. Is this something you have to ask for or won't they recognize a pedigree from other services?

kieferscoins · January 13, 2005 11:46PM

Some pedigrees PCGS won't recognize.

Cameron Kiefer

tradedollarnut · January 14, 2005 12:45AM

PCGS recognizes that pedigree. Just show them the NGC cert, your crossover paperwork that includes the NGC cert # and ask them to put it on. They will do it for you.

dorkkarl · January 14, 2005 12:47AM

childs is another pedigree i care nothing about. i've cracked out at least a couple coins w/ the pedigree for my collection, & have made no effort to track it.

K S

ms70 · January 14, 2005 1:06AM

I've tried to do some research on the Childs pedigree and I can't find anything on it. It's like it doesn't exist.

If anyone here has any info on who he was and his coins please post!

tradedollarnut · January 14, 2005 1:13AM

Childs Info

ms70 · January 14, 2005 1:15AM

Now why couldn't I find that?

Thanks tradedollarnut!

ScarsdaleCoin · January 14, 2005 1:59PM

Childs is a good pedigree.......get pcgs to put it back on the holder!

Cherwood · January 14, 2005 2:16PM

Just what exactly does a pedigree mean? I have a coin that is designated Pittman by NGC......is that good?

dthigpen · January 14, 2005 2:18PM

<< Just what exactly does a pedigree mean? I have a coin that is designated Pittman by NGC......is that good? >>

A pedigree just denotes that it once existed as part of that person's collection.

Cherwood · January 14, 2005 2:23PM

<< 

<< Just what exactly does a pedigree mean? I have a coin that is designated Pittman by NGC......is that good? >>

A pedigree just denotes that it once existed as part of that person's collection. >>

But why does that matter? Is Pittman a good pedigree?

dthigpen · January 14, 2005 2:24PM

<< 

<< 

<< Just what exactly does a pedigree mean? I have a coin that is designated Pittman by NGC......is that good? >>

A pedigree just denotes that it once existed as part of that person's collection. >>

But why does that matter? Is Pittman a good pedigree? >>

I don't know, why does it matter? A pedigree is worthless if it has no signifigance to you. Do research on the Pittman collection and decide whether the historical fact that the coin was in that collection means anything to you.

Cherwood · January 14, 2005 2:29PM

Well, judging from this thread it evidentally matters to some and that's why I was asking.

dthigpen · January 14, 2005 2:32PM

With 10 seconds of research, you could have found something like this...

<< John Jay Pittman was a collector's collector. Pittman was a humble man who earned between $10,000 and $15,000 per year working for Kodak as a chemical engineer. He had a love for coins and invested half his salary into scarce to rare gold and silver coins. He purchased the most historically significant coins his budget allowed. Mr. Pittman invested about $100,000.00 during his life on coins. The first section of his holdings were recently sold at auction for $11,822,283.00. The second portion of his coins will soon be sold, and conservative estimates are that these coins will bring about $18 million. That will bring the value of his collection to $30 million.The growth rate of 30,000% is astounding. >>

Dig up old references, trace back auction catalogs that feature the coin in your collection, etc. A pedigree just gives you a hint as to where the coin sat in a collection in the past and allows you to trace a history on that specific piece, it rarely really adds anything to the value unless you find a collector who is interested in the historical aspect of that particular collection.

dthigpen · January 14, 2005 2:33PM

<< Well, judging from this thread it evidentally matters to some and that's why I was asking. >>

If you won't take the effort to do research on a pedigree, the pedigree is worthless, that's the point. The only worth it carries is in the historical background of the coin.

Cherwood · January 14, 2005 2:37PM

Thiggy, I had already read all about Pittman........what I was asking is how is the pedigree significant for coin collectors? Does it increase the value if it's a well known numismatist. (And I already know he is.)

dthigpen · January 14, 2005 2:38PM

<< Thiggy, I had already read all about Pittman........what I was asking is how is the pedigree significant for coin collectors? Does it increase the value if it's a well known numismatist. (And I already know he is.) >>

If you can find a collector willing to pay extra for it, sure. If not, no. There is no 'set' or 'definite' value increase in any way, shape, or form.

oreville · January 14, 2005 3:08PM

The value of a pedigree for any coin ranges from a minus 10% to a positive 100% over the numismatic value of the coin.

In general, the less expensive the coin, the greater the potential incremental value a pedigree has.

Also, in terms of the Childs pedigree, knowing such pedigree also means knowing the grade the coin was evaluated at by the grading service at the time it was slabbed when it was auctioned. In this case, PCGS originally graded all the Childs coins when they were sold in New York. The fact that it landed in an NGC holder raises the question as to whether it benefited from grade inflation since it was originally sold at auction in thne PCGS slab. Now, this makes the pedigree all the more important because now you have an "audit trail" to investigate.

Many collectors love pedigreed coins because many of them had a friendship with the pedigreed/collector in question or may have been a mentor/student relationship.

Childs pedigree

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