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What is the Eliasberg provenance worth?
Blade
Posts: 1,744 ✭
I suppose it is worth more to some than others. I have read his biography by Bowers and own the 3 auction catalogs and find the history fascinating, but have not yet purchased a coin from the collection.
What do you think a reasonable markup is for the Eliasberg provenance? Assume the value would be compared to the identical coin without it. I have a chance to buy an inexpensive coin (Greysheet $200) that was part of the Eliasberg collection. It was part of a group lot, so certainly would not have the panache of one of the coins displayed in his exhibits. It looks like it is going to take $300 to get the coin. It is a nice coin - very attractive for the grade. I do need this coin as part of my type set, so it would fit in my acquisition plans anyway.
Would you pay a premium for an Eliasberg piece?
What do you think a reasonable markup is for the Eliasberg provenance? Assume the value would be compared to the identical coin without it. I have a chance to buy an inexpensive coin (Greysheet $200) that was part of the Eliasberg collection. It was part of a group lot, so certainly would not have the panache of one of the coins displayed in his exhibits. It looks like it is going to take $300 to get the coin. It is a nice coin - very attractive for the grade. I do need this coin as part of my type set, so it would fit in my acquisition plans anyway.
Would you pay a premium for an Eliasberg piece?
Tom
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
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If you need the coin, and the premium is $100, I would go ahead and get the coin.
For example:
$100 no-name = $155 Eliasberg
$1000 no-name = $1100 Eliasberg
$10000 no-name = $10550 Eliasberg
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Buy the coin not the provenance. When I'm sniffing at a coin and it turns out to be Eliasberg, if I can't see the coin first, I walk.
Good luck,
Just having fun!
I paid a $120 Eliasberg premium for an 1883 No Cents MS64, just because it had 2 stories that go with it.
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since 8/1/6
Relayer - Interesting, I'm looking at an MS65 of the same 1883 5c coin. I went back to the Eliasberg catalog, and there were 99 1883 No cents in the sale. 2 lots of rolls, 40 each, plus another 19 individual. So it is a fairly common coin to find from the sale. But kind of cool as a 1 year type.
The coin is nice, with a small luster scratch above Liberty on the obv keeping it out of 66. I'm on the fence. It would be much more interesting to own one of Eliasberg's standout coins that he proudly displayed.
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
In the case of an 1883 nickel of which he had 99 I'd say its worth nothing.
I was lucky enough to view much of it once.
Very large. Some coins I will probably never see again in my lifetime.
Like most large collections there was lots of just stuff.
I feel on some of the really special coins the name is worth keeping with the coin.
The few I bought at the Bowers auction, probably not.
The name will be worth something to some and not others.
<< <i>If you have one of those Eliasberg 1883 V nickles that you don't think are worth anything, send them my way. They are worth something. . . .to me. >>
Draco -
I didn't say the coins were worth nothing, I said the Eliasberg pedigree on those coins did not increase their value in my opinion.
<< <i>I didn't say the coins were worth nothing, I said the Eliasberg pedigree on those coins did not increase their value in my opinion. >>
Sorry, I meant to say that I believe they are worth a premium over any other and I'd pay it.
The provenance is worth something to me in cases where it seems that Eliasberg (a guy who obviously wanted the finest of everything - and could afford it) hand-picked a particular coin after sorting through and eliminating a bunch of others. By this definition, the coins that ended up in his collection were generally (though not always) the best ones he could get his hands on - and therefore really good.
The nickel described here was in a bulk lot and was evidently amassed as part of 2 complete rolls (plus some others) of that date.
Now its possible that Eliasberg hand selected the 99 nickels after looking at 5000 of them, but I suspect they were simply among the considerable 'extra stuff' he had piled in his safe when it came time for his heirs to sell.
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set