EPN Pedigree and Premiums
Numiven
Posts: 382 ✭✭✭
Does Eric P. Newman pedigree sell for any premium. I see so many common dates in NGC holders, but my question is more pointed towards a EPN label NGC graded rare gold coin (< 50 pop) - Do they attract higher than market value (auctions) premiums?
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So... should I assume that it does not carry any premiums?
correct
Latin American Collection
The EPN/Green coins brought tremendous premiums at auction. I bought and resold a couple of the Barber Half's after the auction for around 1/2 what they sold for in auction...but still some premium over non pedigreed.
The HA bidders paid the pedigree premium.
On the secondary market many who had auction fever at HA then flipped them on eBay took some mighty nasty beatings.
As I recall even Newman's Details/Cleaned common date Peace $1's sold at HA for more than MS65 money
Pedigree's/provenance are meaningless to me..... I just do not care who owned the coin prior to me. I care more about imagining who may have received, carried and spent the item..... unfortunately, none of that is knowable. Fun to imagine though.....Cheers, RickO
I believe a good pedigree is valuable, as it documents the coin as having been carefully preserved and not likely to "turn."
Conversely, coins with bad pedigrees impair the value of a coin. There was a collector who passed away some number of years ago, who always "processed" his coins to make them look "better." Knowing that, I certainly wouldn't want to purchase any of those.
For this set, I'm just the 3rd owner in over 130 years --
Time for a fourth?
Latin American Collection