A pedigree may be well known (Bass, Norweb, etc) or could belong to a top registry collector. It is the buyer/collector's responsibility to know what they are purchasing. As for causing confusion, say the name "Simpson" and most (including many collectors) will think of OJ or Homer, not Bob. Therefore, should all Simpson pedigrees be labeled "Bob" just so no one needs to do their homework? I understand your point, but just because something can arguably cause confusion does not make it a scam or rip off. Sometimes, I just can't help it
IDK. I think pedigrees, especially if they were published in a catalog, should carry more value today since it will prove the coin is legal if the coin nazis start raiding collections. Ancient collectors will know what I am referring to, (unfortunately).
the coin is at market value about as far as the owner means nothing to me unless his signature was there and then i would sell it to buy a coin or something more worth while to me.
Actually, it may NEVER come up for auction again if the guy who bought it learns it isn't the Eliasberg he thought it was, and cracks it out to hide his uninformed purchase.
Amazingly Eliasberg seemed to not take much interest in what to him at the time, was modern coinage. He finished out the collection of course, but didn't spend a lot of time trying to find the absolute best examples of 20th century coinage (besides some gold) and just grabbed coins from pocket change and called it a day; quite often these examples would just be AU or even just XF. In hindsight you'd wonder what the heck he was thinking, but look at what to us is modern coinage and how little esteem current collectors hold it all in. Perhaps we should be taking the long view lol... a lot of clad coinage in choice condition may very well be hard to find in 50 to 100 years and future collectors will be fighting over what little our generation has bothered to save and preserve! (So maybe slabbing low value modern coinage isn't as foolish as you think if you take the long view lol... your heirs may very well thank you for it! Sadly it won't do YOU much good unless you take joy in knowing your grandchildren or great-grandchildren will profit from your foresight after you're gone.) As to what the Eliasberg name is worth? Probably a little over what the coin would otherwise sell for, as it's a famous provenance that itself is quite collectible. Not a huge amount (especially if it's the "modern" by his standards part of the collection) but I think it should be worth something. Exact amount, depends on the specific coin I think.
I do believe you meant to say it WAS labeled. But in any case, do a Google search on Eliasberg Jr and see what you get. Almost nothing. The closest to any real information is this article written by David Q. Bowers that starts out mentioning junior, then very quickly digresses into a self-congratulatory essay on Bower's dealings with the old man. But at least it does seem to indicate that junior is dead, as in coins sold-off from his estate. Hard to believe he (as in junior) would have approved of the deliberate confusion caused by the nearly identical pedigree being used which heretofore had exclusively been associated with his old man. http://legacy.stacks.com/Auction/Collection/52
No, I did mean IS. Look at the picture. My post was in response to your statement "...his son presumably could go out and buy anything, slab it, then resell it as one of his dad's coins." That's why the coin IS labeled "Jr." To show he wasn't passing it off as Dad's.
Waldo, what is your point to this thread, anyway? It seems people have said they would pay 0 premium for the slab, and others have said the coin might have been worth close to what was paid. It was an auction. Given that the premium wasn't significant, it's doubtful that any of it was attributed to whose name was on the slab.
I think that 'Waldo was just making the point that pedigrees can be interesting and fun to collect.......even famous names sons guys......
Me sarcastic? Surely you jest........ Still, I read 'Waldos' post as a true indication that pedigrees rule......not. :devil:
You mean you don't know who Madame Bagne was? Mistress to the legendary collector...,, oh never mind..
Google the bagne collection and you can read about it. what is the manhattan collection? Google did not work so easily on that one. I know there used to be some graded bust halves on ebay with what I thought were major premiums for manhattan coins. Did not mean anything to me. What I gather was, as to the original post, as a buyer the pedigree means no premium, as a seller it means a premium. To me it is the coin - and would be cool to own something nice from the eliasberg collection.
Having handled and owned some of the senior Eliasberg coins I can say that it is my opinion that quite a few of the coins are over graded or not attractive... I looked at an 1893 S Morgan it was an Eliasberg coin and it was graded either 66 or 67... I don't remember exactly... But the coin had the nastiest splotchy toning and was just an ugly coin... I was not impressed with other coins I have owned such as a 32 S quarter in a 65 holder... I feel the coin was a solid 63... But was no 65.