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Coins with HUGE pedigree premiums.

coinmaniccoinmanic Posts: 572
in U.S. Coin Forum
The well known collector pedigrees such as Eliasberg, Norweb and Pittman carry decent premiums over similar coins absent the name.

The huge premiums though, belong to the more historic pieces such as the 1860 $20 Liberty that was owned by Lt. George Dixon, the Commander of the Hunley, the first successful submarine. It wasn't tremendously successful though. After sinking a Civil War enemy ship, it sunk itself, killing the entire crew.

A few years ago, a common date Peace Dollar sold at Heritage for about $25,000. It was worth perhaps $15, save for the fact that Buzz Aldrin carried it to the Moon on Apollo 11.

What are some other example of other Pedigreed coins that have brought huge premiums?
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Comments

  • DUIGUYDUIGUY Posts: 7,252 ✭✭✭
    No pidgree but pretty rare in its own right,
    image
    Sorry, dog jealous,
    image

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    image
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  • kryptonitecomicskryptonitecomics Posts: 9,185 ✭
    What about the coins that were supposed to be the ones placed on Lincolns eyes after he was assionated......didn't they sell for big bucks? Plus there are quite a few space coins and I know Sy (Skyman) owns several and strong premiums were paid image
    Kryptonitecomics Ebay Auctions
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    There are those collectors that treasure pedigree's.... those that buy items of clothing or knickknacks from famous people... That is what intrigues them and is their hobby. Personally, I would not pay one cent extra for a pedigree..... meaningless to me. Cheers, RickO
  • coinmaniccoinmanic Posts: 572


    << <i>There are those collectors that treasure pedigree's.... those that buy items of clothing or knickknacks from famous people... That is what intrigues them and is their hobby. Personally, I would not pay one cent extra for a pedigree..... meaningless to me. Cheers, RickO >>



    Not one coin. Not one historical event interests you enough to pay even a small premium for a coin involved?

    I was seriously considering bidding on the Aldrin, Apoolo 11 Dollar. I just could not justify the expense. With greater resources I would have been there in a heartbeat.
    SOCIALIZED MEDICINE: The wealthiest class treats the lowest class and sends the bill to the middle class.
  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    In my experience, the more valuable the coin is without consideration of the pedigree, the less the premium. In many cases, the premium approaches zero. In some cases, the pedigree is a negative. A hypothetical seller of a coin that is listed in the Eliasberg catalog as XF details and cleaned does not want the pedigree connected to the certified AU-58 coin he is trying to sell you.
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  • KentuckyJKentuckyJ Posts: 1,871 ✭✭✭

    Items with huge pedigrees are often best absorbed by a museum. OT but I remember, I think it was Heritage, offering the FDR death bed sheets from Roosevelt's Little White House in Warm Springs, GA. That was something I would have purchased, if I had been whale size. I don't know what I would have done with them but I found the thought of it pure history.
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  • DennisHDennisH Posts: 14,009 ✭✭✭✭✭
    Pedigrees carry a different meaning to each of us, ranging from nothing to something irrationally special. For me, essentially all of them fall at the very low end of the spectrum. A notable exception are the Morgan dollars that have pedigree attributions for the Leroy Van Allen collection, one of the co-creators of the VAM segment of coin collecting. I would really like to own one of those, and the premium I would pay in relation to the coin's basal value could be stupid.
    When in doubt, don't.
  • BBNBBN Posts: 3,761 ✭✭✭
    would love to own an Eliasberg

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  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭


    << <i>I enjoy very much a great pedigree as long as the coin is all there. It has already been mentioned in previous threads that some of the great pedigreed collectors bought a lot of coins during their years of collecting and I am sure that they themselves would be embarassed to learn that their heirs stuck crappy coins next to the great coins when the collection went to auction because the heirs wanted to unload everything without thought of what they were unloading. That being said, great pedigreed collectors and great pedigreed numismatists are of two different types and for me it is an honor to own a Valentine or Will Neil or Harold Bareford or Allen Lovejoy or Russ Logan or Charles M Williams or a Howard Rounds Newcomb or an Eliasberg with the understand that some are great collectors who had the funds to buy the best and some were great numismatists and researchers/authors who wanted specific examples so to me as long as the coin is all there it is a double wammy when they are found and hopefully unattributed whether that is because the seller truly didn't know the pedigree or chose to not mention because the holder it now resides in is higher than what is listed in the original auction catalog. >>


    Nice post...worth a bump.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    "Not one coin. Not one historical event interests you enough to pay even a small premium for a coin involved? "
    Exactly, I collect coins, period. It is the coin that interests me. No premium for some ethereal history depicting prior ownership or ordeal.
    Cheers, RickO
  • golfer72golfer72 Posts: 3,588
    The other problem is you can never be 100% sure the Pedigree is valid.
  • saintgurusaintguru Posts: 7,727 ✭✭✭
    BRAHIN image
    image
  • yellowkidyellowkid Posts: 5,486 ✭


    << <i>No pidgree but pretty rare in its own right,
    image
    Sorry, dog jealous,
    image

    image
    image >>



    Pedigree doesn't mean much to me, I wouldn't pay very much extra because so and so touched it. I really posted here to express my admiration for that Utah medal, very nice!! I have seen a couple for sale but not the right one.image Is there any ID on the presentation case?
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>In my experience, the more valuable the coin is without consideration of the pedigree, the less the premium. In many cases, the premium approaches zero. >>



    I don't agree with this.



    << <i>In some cases, the pedigree is a negative. A hypothetical seller of a coin that is listed in the Eliasberg catalog as XF details and cleaned does not want the pedigree connected to the certified AU-58 coin he is trying to sell you. >>



    I do agree with that.
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