Realizing the Premium for Hand-Picked High-end Coins?
DRUNNER
Posts: 3,873 ✭✭✭✭✭
Trying to be as specific as possible to prevent wandering through the thread . . .
Hypothetical (but may become reality), a collector desires to sell a major completed set, for example, Morgans in BU and high grade circ. This set has been the focus of 10 years of work but is now completed, in the top-50 in the PCGS Registry, and represents the end of a collecting era.
Regardless of the validity of selling (although the completed challenge, wanting to cash out to move up to another numismatic pursuit, no kids, etc. could factor in), the set (or any set in a hypothetical envirenment) has been hand-picked at the upper end of the grades on the holders and/or eye appeal scale.
Question . . .
Short of auction, do you foresee ANY way a collector would reap any benefits from judicious selection of pieces in a middle-value set? Just because a collector has put together any type of set with an eye to quality, unless you are going to try to expose them on a large (auction) market, is there any way a mid-range dealer would offer any type of premium for better pieces over Graysheet bid?
Your thoughts . . .
Is there any benefit to a hand-picked set (upon selling) unless it is a high-power auction example? Is there any way to realize the premium for top-end coins (since we are ALL supposed to be putting those types of coins away in our sets!!!).
Interested in your opinions, and yes, I am looking at all options personally with one set in mind.
Drunner
Hypothetical (but may become reality), a collector desires to sell a major completed set, for example, Morgans in BU and high grade circ. This set has been the focus of 10 years of work but is now completed, in the top-50 in the PCGS Registry, and represents the end of a collecting era.
Regardless of the validity of selling (although the completed challenge, wanting to cash out to move up to another numismatic pursuit, no kids, etc. could factor in), the set (or any set in a hypothetical envirenment) has been hand-picked at the upper end of the grades on the holders and/or eye appeal scale.
Question . . .
Short of auction, do you foresee ANY way a collector would reap any benefits from judicious selection of pieces in a middle-value set? Just because a collector has put together any type of set with an eye to quality, unless you are going to try to expose them on a large (auction) market, is there any way a mid-range dealer would offer any type of premium for better pieces over Graysheet bid?
Your thoughts . . .
Is there any benefit to a hand-picked set (upon selling) unless it is a high-power auction example? Is there any way to realize the premium for top-end coins (since we are ALL supposed to be putting those types of coins away in our sets!!!).
Interested in your opinions, and yes, I am looking at all options personally with one set in mind.
Drunner
0
Comments
If they really are great for the grade they would do good at auction.
The caveat is usually ownership adds 2 points or stars and someone else might not think the same way about them.