Do you think it increases the value and sale ability of the rest of your collection
STEWARTBLAYNUMIS
Posts: 2,697 ✭✭✭✭
Adding a super high grade scarce coin into your collection
For example an 1877 Ms 66 red Indian cent into a 65 red set ?
An 1823 gem Large cent into a middle date set ?
A 1945 Ms 67 fb mercury dime in an average 65 FB set ?
A 1932 s Washington quarter Ms 66 into an average set ?
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No expert here, by my own admission.....but I would think NO
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
One incrible coin won't impact the rest of collection value too much. Nonetheless, one incrible coin could let the collection be famous
I guess I am a nut job competing with myself
I do it all the time
That was the only way to get certain coins I wanted to buy.
Only for that coin.
When it's time to sell buyers evaluate each piece on its merits, not for its location next to a very rare piece in a plastic box.
You know it is a different world today. I wouldn't know where to begin to find nice raw collections I could buy as a whole just to obtain a couple of the coins out of it.
Yes I think it would in terms of marketing the collection especially if you can provide provenance.
Roger B - tell me you don't think someone would pay moon money for a drecky collection
Of $20 Saints with a 1933 included ?
I would rather have and it seems much safer to instead spend extra to pay up for exceptional eye appeal for whatever you collect and at the price at which you collect.
In other words, collect the best you can afford over many coins as oppose to one coin.
There is an extreme where it doesn't matter such as in the example with 1933 Saint.
It should bring attention to a set and therefore may just increase the rest of the collection.
No. In my experience only the individual coins matter when it comes to establishing value. Unless you have a really "big name" collection such as Eliasberg the sizzle won't be there for less than great coins.
IMO, several of you deserve "disagrees!" If the collection is not broken up, OF COURSE, IT WOULD! @STEWARTBLAYNUMIS has posted perhaps a fictional although excellent example using the1933 $20.
Having one of those is worthless unless it's the one that has been approved for private ownship. The government will confiscate it. The legal precedent has been set.
I would think the potential dealers would offer moon money on that one piece, then more or less expect the rest of the set to be thrown in at a steep discount....well not in the case of your example where the rest of an IHC set are all 65 Red coins - that in itself would be tremendous collection regardless of the '77.
But I'm thinking of say an XF-AU set of Buffs, with the 13STII being a monster gem, a similar set of walkers with the 21S being a 63 or 64, etc.
Are any of these coins stickered?
The '77 in 66 would less impact than its analogs by orders of magnitude.
You can't expect one outstanding coin hold up an average collection. Each coin will be based on it's own merits when being sold.
Or the short version - Kitco knows best
Though the Kramer 27-D is worth more raw than the worst '33.
"The DNA of the kudzu of alternate-universe hypotheses degenerates as it eccentricates" - Bill Nye, the Science Guy, to Dr. Sheldon Cooper
If the rest of the collection is very high quality, hand picked and with great eye appeal, absolutely. The 1877 in 66RD will draw interest and attention to the rest of the coins in the set.
Check out some of my 1794 Large Cents on www.coingallery.org
Other than stickers, there are no "magic tricks" in coins.
Well, there are some, but they aren't publicized.
Agreed. But if the rest of the set is uninspiring, it will remain so.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Mr Eureka - Agreed , so by your own statement there is a point in collecting
Where one should "step up " and do what it takes to bring your collection to a new plateau. And Yes it will absolutely
Increase the value of many of the other
Coins in your collection. Ms. Sperber knows this very well. The Cardinal collection of Large cents
The best return on a set is a well matched set! A nice XF45 set with an MS65 peaking out would reduce the value of the 65 IMO.
I think it only adds pride, and thats about it.
WS
If you were marketing the collection as a whole possibly, but parting it out, I would say not neccesarily
Yes, I think so.
It's like a highest common factor, where the best is a factor of each member of the group. If you spent the time, effort, and money to include the best of the best, the psyche thinks the rest can't be far behind.
I also believe in the corollary. An inferior coin in the collection drags the others down. "If the coin don't fit, you must git rit of it."
One word.......NO!
Irrelevant to analysis of your original premise.
Cardinal was crème de la crème enough that you could take the best two coins out and substitute the 2nd next best. The crowd, either way, would not have paid 1c more or less for any of the others. The two down-graded coins would likely have brought 5%-10% more than if sold elsewhere because they were immediately available to frustrated buyers with secondary targets.
Which leads me to conclude.....
@Laurie and @Coronet went contrary. Which leads me to conclude that the Golden Princess is the coolest IHC and the Vermeule '93-S is sui generous too, Neither would bring 1c more or less if sold on the same day. Or week or month this year.
Check the second page of Dr. Irwin Corey's equations
Which leads me to conclude that Bill Nye, the Science Guy, is measuring signal-to-noise (possibly including (sigh)) and concluding the 1973 Knicks on NBA.com comes in better
@morgandollar1878 said: "You can't expect one outstanding coin hold up an average collection. Each coin will be based on it's own merits when being sold."
Ok, Apparently I'm the dummy here. We are not breaking up the set. It is to be sold intact. An XF collection of dimes comes into the store, It's missing the 16-D, 21-P and D, 42/1. You offer the melt value or below. Now stick the missing coins in the set. Now, your offer goes up but you still figure the "junk" at melt. The collector says forget it as he is not dumb. So I should think most would offer a little more than melt just to get the set. Am I wrong? If not, a better coin or coins will increase a sets value.
Is there often a question asked:
What is the best coin in his/her/your
collection ?
Isn't this a factor one asks themselves
before attending an auction ?
Or perhaps considering when offered a
Deal ?
Interesting.... never considered this since I do not sell coins...and certainly have one or two stand outs in a couple of sets.....Nothing like some examples above though (I do not have a '33 Saint)
. I do have another collection (not coins) which include a set of very special items... I once offered it for sale.... the potential buyer just wanted the special ones... so, I still have them all. Cheers, RickO
I'm not sure. Send me a gem chain cent & we'll find out.
ollection. Each coin will be based on it's own merits when being sold."
I am not paying more for the junk / inferior coins just because the better dates are there. I will pay appropriately for the better dates and I am not adding more money to the low end stuff to purchase the set.
In your example if it is an xf collection of mercs then no wonder the guy walks away unless you pay way more because there are many dates in xf that are worth more than melt in that set.
Anyone who has ever attended a major Half Cent or Large Cent sale knows that a great collection will bring significantly higher prices than if the same coins were scattered in dozens of no-name sales. The extent to which the same effect can be seen in other fields may often be less pronounced, but it's almost always there.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
The same can be said for but silver, even if some keys are missing which is pretty much what happens for things like bust quarters. The key is quality for the grade, folks will pay up for that and if you have 2 or more desiring the same piece, then the price can go very high.
Best, SH
I disagree. The more great coins in an auction, the more people will attend, the more excitement there will be in the auction room, and the more the provenance will be worth in the future. All of that should translate into higher prices. No way to prove it, but that's the theory.
It's also interesting to consider the converse of the OP. Could a handful of clunkers hurt the value of the other coins in an otherwise great set? I think that they can, for all of the same reasons I mentioned in the previous paragraph.
And for those like Insider2 who are assuming that the collections we're discussing will be sold intact, I don't believe that we are. I'm certainly not.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I totally agree with you Andy !
Now there's a scary thought!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Of course. I'm trying to make a point. OK, everything is good. All the keys are missing except the set contains an XF 16-D dime. Now, do you see what I was posting? Do you pay a little more just to get the one coin that "makes" the set? You are already paying less than retail for the 16-D anyway, right?
@MrEureka said: "And for those like Insider2 who are assuming that the collections we're discussing will be sold intact, I don't believe that we are. I'm certainly not."
Then you just changed the terms of the question as I read it (MY ERROR ): "Do you think it increases the value and sale ability of the rest of your collection."
If it is not sold intact, IMO, the rest of the collection does not matter at all. The one good coin will bring what it brings, No more, no less.
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I understand your point, but my answer is still no. If I am paying a fair price for the set which includes the 16D, then in my eyes there is no need to overpay for the set just to get the one better piece.
Klippty-klop, klippty-klop is the sound of the savvy collector who does not need money at the moment running from your store...LOL.
If my profit dissappears from overpaying for the set then what does it matter.
I may look at it as I would like to have it but I do not have to have it.
I can see the point of the OP. I think that there are some ways in which this may work. A couple people posted about auction settings and I think this could be very possible because you are salting the auction with a few really good coins to help bring in the crowd. In other ways I don't really see it making a difference. Lots of opinions here and that is part of what makes this forum great.
The point of the OP is he's @STEWARTBLAYNUMIS and you're not.
I suspect there's also pleasure in not being us, or, especially, me.
Went to FDRs home in Hyde Park one time. He mostly collected stamps and his coin collection was pretty disappointing nothing could help it except a 1933 $20. Which reminds me of the recent robbery he committed via Israel Switt. Now, that's some 1933 $20 collection he created with little or no effort. Then again, the original question here was pretty cool. I thought No ! now, I'm thinking Yes, as the board chimed in with excellent answers.
@morgandollar1878 said: "If my profit dissappears from overpaying for the set then what does it matter."
It seems to me that if you cannot afford to overpay a little over for silver to get the 1916-D you are either paying way too much for the dime out of fairness or you work on a very small margin.
Nice to know not every dealer is a "rip their eyes out and chop'em up kind of person. 
Is the pedigree effect equal to the CAC effect on market pricing (generally speaking)?
"Got a flaming heart, can't get my fill"
Generally? Generally, I don't like to feed trolls or thread hijackers.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I like Andy's reply.