Esteemed Collections.. Does the name add value?
Trinketts
Posts: 1,699 ✭
I was wondering everyone's opinion on this matter.
Does a name on a slab add a premium to a coin... For example the Jules Reiver Collection?
Does a name on a slab add a premium to a coin... For example the Jules Reiver Collection?
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As someone who enjoys numismatic history and pedigrees, I do not believe that the pedigree itself adds monetary value, but it sures makes the coin more desirable (and therefore liquid) to folks like myself. Of course, it also depends on the pedigree. Some add no cache, and some have even negative connotation.
Bid strong!!!!!!
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
<< <i>Please fix your typo. I kept getting stuck on "ass".
>>
ROFL
I almost fell outta my chair....
<< <i>Honey, if you ever come across a slab that sez, 'the HepKitty collection'...
Bid strong!!!!!!
>>
I would... It would be the coolest slab around...
Hey, JB, that was not directed toward you. I did not even know you had posted when I typed my post.
The "JB" pedigree will always be known for the collector who had a passion for Saints and demanded the highest in quality and eye apeal for the grade.
Does a name on a slab as a premium to a coin... For example the Jules Reiver Collection?
Let me help...
Does a name on a slab add a premium to a coin... For example the Jules Reiver Collection?
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<< <i>Does a name on a slab ass a premium to a coin... For example the Jules Reiver Collection?
Does a name on a slab as a premium to a coin... For example the Jules Reiver Collection?
Let me help...
Does a name on a slab add a premium to a coin... For example the Jules Reiver Collection? >>
*Hires Rob as my post Editor
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<< <i>Yes, provenance does add value in cases of important collections. Just as PCGS warrants higher prices in a grade, the very fact that a particularly discriminating collector of coins chose a certain piece for inclusion in his/her set warrants higher prices for that issue. It isn't as much foolish snobbery as I felt in the past myself. Those collectors sought great examples of coins with excellent eye appeal or other attributes, things generally more important than technical grade to collectors (except registry set nutcases). However, not all coins in an important collection deserve this. There were plenty of them among the Eliasberg minors that were far from exceptional IMHO. Today's set attributions are likely to get out of hand, particularly due to the prestige of registry sets. Longer term, most of them will probably be just trivia worthy of no premium. Some truly great and selective collections are represented in the registries, but many registry sets are assembled quickly with money not with an eye for quality. >>
I agree.
I recently asked David Hall whether it made sense to designate some of the older sets with an asterisk to help identify collections in which the collector may have had the benefit of years to gather the better examples, but Mr. Hall had no comment. When a collection goes to auction, you will notice a pattern. If it's assembled quickly, it means the collector bought whatever was on the market at the time. A truly great collection for the non-modern stuff is going to take time to build, because a lot of the finer examples are locked away in collections. If someone does have the time to assemble a collection of years, the pedigree will mean something.
Eliasberg goes at the top of my list, but they rarely come up for sale. On the other hand, I place no greater value on a Shapiro coin. Jack Lee coins are a case by case basis.
A pedigree will increase the value of a coin to some collectors and it won't to other collectors. Based on the actual coin, the actual person it's pedigreed too and the interests of the perspective buyer. I think deciding if a pedigree demands a premium is a very individual thing.