I've recently seen several different options on graded silver. The Moy signature silver eagles have really caught my eye but have a crazy high price on the PCGS price guide. Now i've gotten some really good deals on the coins but never pay close to price guide value. What are your thoughts/opinions??
If I could vote twice, I'd say "In the long run, never!" I assume they are signed using "auto-pen". Chris
I don't want to offend anyone who really likes these, but they are definitely not a good investment. They garner a big *yawn* from me (as does any "autographed" coin slab). Marketing, that's all it is.
I won't say all Chris but majority and depending whom signed it. I have a few Jessica Lynch do you recall who she is? Lance Armstrong ok a winner until his doping cause him to become a looser in the public eye. I know for a fact Jessica did sign the tags.....Lance uh...doubt it.
Just tried to sell this at my coin club auction tonight No takers at $60, not sure how low I'll have to go
I have this set, but I can't say that any of these signatures do much for me though. It could be fun to put together a set of all of the mint signatures, but I don't see putting out much or any premium for them.
I like Mercanti, but not the water spots. Put him/it on a perfect coin (MS 70), and I would wager it would sell!! [nice pics, by the way].
There often is a very good reason for this too... and usually not the one the buyer thinks. Just something to keep in mind.
If it was someone like Rittenhouse or Kneass (don't ask about the logistics of getting their signatures) I'd be interested. Until then I might pay $1 more for a signature on a coin.
I have three autographed Kennedy half dollars that hold more meaning for me than their worth. First, I consider J.T. Stanton a good friend. Second, the DDO for these coins is listed in the Cherrypickers Guide, and J.T. is one of the original authors. Finally, the coins were graded by PCI during the period when J.T. served as the President of the company prior to its sale. How can you put a price on such a provenance? Chris PS. They were all signed by hand.
Some of the signature labels are getting their own populations on NGC, and those will be worth a little more over time in my opinion. Maybe not a lot but to me it's just like a signed baseball card vs a non signed one. Moy is highly respected not only because he was a mint director (which was actually a reward for his previous work), but also because he was a senior presidential adviser during both 9/11 and the financial crisis of 2008-09. Plus I like the Moy coins because we know the pops won't change over time for some of the labels according to NGC.
Most if not all of the NGC baseball labels were auto pen. All the PCGS signatures I have seen to date have been legit signatures. NGCs will likely start having most if not all legit signatures moving forward since the PCGS guy took a job with them who I believed played a role in bringing the signatures.
Although I admire some of the engravers who have signed coin labels I would never pay extra and if I wont pay extra for an engravers signature, I surely won't pay extra for the likes of Edmund Moy. Just sayin'
I have one autographed coin (actually two) that I like. I had Glenna Goodacre sign two Sacagawea dollars at the ANA show in 2000. Silly me didn't bother getting them put in holders at the show.
The only relevant question for any of this is, "Would you pay money for this person's signature on a piece of paper?" That's what you're doing. In the case of Chris' Kennedys and messydesk's Dollar, yeah, I would. But a Mint Director?
My thoughts on Ed Moy? Or the Ed Moy Signature Coins? Ed Moy had no business being director of the US int since he was a human resources specialist. He sold out on the possibility of 2009 Proof Silver Eagles and the 2009-W Silver Eagles and he and his crappy products are forever at the top of my numismatic hate list! The man did not leave soon enough for me!
I think they're real autographs (2nd pic below). But back to the OP, I've seen some Chief Engraver signed slabs, and they're not that enticing to me. One turn-off was seeing engravers' signatures on labels for the coin years when they weren't at the US Mint as Chief Engravers. For example, an Ed Mercanti signed PCGS 1988 Silver Eagle: Pics from the 'net. And this one by Pete Rose is authentic, too.