How much of a premium should a COMPLETE registry set get?

jpkinla · December 1, 2005 8:55AM

I have been asked to value my two registry sets. How much of a premium to current individual values should a COMPLETE SET be given, if any? Are some sets worth more of a premium than others? What if the set is missing one or two coins but the rest of the set is all there?

questor54 · December 1, 2005 9:03AM

At Least 500%

tradedollarnut · December 1, 2005 9:11AM

You should figure no premium for the set above and beyond the strongest value you can get for the individual coins.

There are exceptions [like a set composed of all pop 1/0's] but in general there is no premium for a complete set.

Cladiator · December 1, 2005 9:14AM

No more than a complete set of coins that isn't in a registry set.

FatMan · December 1, 2005 9:17AM

Zippo

oreville · December 1, 2005 9:17AM

I say that for an inexpensive 20th century registry set, the premium might be as much as 10-15%.

For more expensive sets, maybe an extra 2% to 5% tops. It would be the fame of the set that might bring in the bidders rather than the completion of the registry set itself. Otherwise, no premium.

Cladiator · December 1, 2005 9:20AM

Get your set Pedigree'd by PCGS and then become famous, or the other way around. That's how to tack on a hefty premium to a "set".

flaminio · December 1, 2005 9:40AM

Negative premium, because buying a set outright destroys the fun of putting one together.

TorinoCobra71 · December 1, 2005 9:44AM

HUH??

TorinoCobra71

ms70 · December 1, 2005 9:49AM

If you're selling I say you should get something for doing all the work for someone else just like a finder's fee. I'd go with 10%.

Bochiman · December 1, 2005 9:53AM

Virtually none.
Only "premium" I would give it, if it wasn't all pop 1/0 coins, would be any shipping I may save by getting it all at once rather than in multiple places.

meos1 · December 1, 2005 10:13AM

Sold as a complete set I think 10% is more than fair.

brccoins · December 1, 2005 10:38AM

I will be the first to say you will probably get less for a complete set. Most people interested are already working on the set and don't need all of them. Plus they would have to have all that money up front. Some have to budget putting it together. I think you could get more selling them individually. Just my opinion.

Peaceman · December 1, 2005 10:45AM

I think there's a premium in any set that has a coin(s) in it that are impossible to find in the current market (at that grade). If the buyer has been looking 5 years for a certain coin, in a certain grade and it's only in your set, there's a premium... now if you have 10 coins in your set like that, you can't argue that there's NOT a premium. The buyer has the opportunity to aquire 10 coins which would otherwise take him years to find... if at all.

meos1 · December 1, 2005 10:56AM

If sold as a set, 10% regardless of registry or not.

Dan

bonkrood · December 1, 2005 11:01AM

<< <i>Negative premium, because buying a set outright destroys the fun of putting one together. >>

Agree, you have to earn it. once you have it then what?

jpkinla · December 1, 2005 11:12AM

Interesting discussion.....Let me add that the sets are NOT FOR SALE as I have already been asked.....This question was asked to help determine a valuation for estate planning.....

It would seem there are two camps here....The first that feel there is no premium as the "fun" has been taken out of the hunt.....I have heard that from many collectors.....

On the other hand there are those that have no interest in our hobby and are looking at a set as an expensive group of "widgets".....For them, it is not a thrill to hunt for the best coin but simply a place to invest money in the finest of something......

This is a corrollary to the topic of whether it is better to auction a rare set of coins or place them via private treaty.....

Thanks for the interesting discussion....

oldcameoproofsguy · December 1, 2005 11:37AM

It should get a volume discount.

oldcameoproofsguy · December 1, 2005 11:41AM

BTW, your $10 Indian set is awesome! I really like the '33! Cool coins!

Coinosaurus · December 1, 2005 11:44AM

<< <i>Interesting discussion.....Let me add that the sets are NOT FOR SALE as I have already been asked.....This question was asked to help determine a valuation for estate planning...... >>

It's nice of you to include all of us in your estate plan

I would figure a small premium for a complete set - I feel it tends to create an extra bit of "buzz" come auction time. But not much, maybe 2-4%.

fcloud · December 1, 2005 11:53AM

This is an interesting thread. I would think there is not any added value in a complete set. If it is the top set the coins would sell for more because of the demand for them. As a group they are probably too expensive for more than just a handfull of people. It seems top end sets would be broken if they go to auctions. I think for estate planning, I would not put more than a few percent on the set, because it them could be over valued.

RBinTex · December 1, 2005 12:16PM

$4 per coin. To account for all the shipping you'd save.

How much of a premium should a COMPLETE registry set get?

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