Does Pedigree Add Value?

Sn3nut · September 1, 2004 2:33AM

I have a few gold coins in PCGS slabs, all with the Bass pedigree on the label. They are nice-looking, common date coins, with no special significance other than the pedigree. For example:
1851 $2½ AU53
1892 $5 MS62
1893 $20 MS62
1915-S $20 MS63

Question: Does the pedigree add any value to these coins, or is their worth comparable to any other non-pedigreed coins of the same grade in a PCGS slab?

ziggy29 · September 1, 2004 2:45AM

Some people may pay a little more. I won't. Except for very famous pedigreed pieces, I really don't think it would add much value. Using your Bass example, if there were particular coins in the Bass collection that were very noteworthy, some people might pay a bit more for those Bass coins, but not other, relatively "anonymous" coin.

Buy the coin, not the previous owner.

gemtone65 · September 1, 2004 2:46AM

Well, it depends on whose pedigree it is. Those that likely add some value, say 10% or so, which readily come to mind are probably Garrett and Eliasberg. Others, such a Kauffman and Childs may add some value as well on those pieces which represent the signature type of coins in those holdings. Collections such as Bass and perhaps Pittman, broadly diversified but less well known those of Garrett and Eliasberg, probably command a small premium, if any, except for unusual pieces. At least, that's my sense of how this aspect of the market works.

kryptonitecomics · September 1, 2004 2:47AM

I have heard a lot of folks say that for them it adds no value to them..................my personal opinion is that it does depending on the pedigree and the coin. I do agree with the thought that you should buy the coin and not the holder, but historically.........provenance or Pedigree does add value to most collectibles

ziggy29 · September 1, 2004 2:48AM

Now that I think about it, I can imagine some cases where people would bid more aggressively for some pedigrees. If a coin came from a pedigree that would indicate it was likely never messed with -- and buyers felt assured that the piece was 100% original because of where it came from -- then yeah, in that case, I can see paying a bit more.

Conder101 · September 1, 2004 3:47AM

Some pedigrees yes, some no.

nwcs · September 1, 2004 3:56AM

Pedigrees do not add value for me when it relates to numismatics.

cdwegner · September 1, 2004 4:30AM

I would think that a unique coin from a famous collection would bring a premium, but a coin from a pallet of rolls owned by a famous collector would not...

It seems that the Benson and Binion coins seem to fall into the "from a pallet of rolls" category.

JMO

dorkkarl · September 1, 2004 5:07AM

"bass" would add nothing for me. i sang tenor in high-school.

K S

sliderider · September 1, 2004 5:52AM

Depends on the pedigree and the piece. A common date/mm/variety is still gong to be common no matter what the pedigree. Look at all the Benson stuff floating around out there. There's some really good stuff in that collection, but also a lot of hoarded coins from rolls.

billboat · September 1, 2004 6:03AM

I have a PCGS "Bass" MS64 1888 Morgan (one of too many 1888's--a favorite date)--that's a very nice coin. Bass was a renowned collector and I paid about a $10 or $20 premium--although I'm sure it was simply one many he had in rolls--so, I wouldn't do it again unless it was a special piece from a great collection.

relayer · September 1, 2004 6:46AM

I've pedigreed my coins and they have skyrocked in value

Does Pedigree Add Value?

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