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<p>[QUOTE="Nap, post: 5205119, member: 73099"]Unless you find it in the ground yourself all coins were owned by someone else before you. I try to keep track of where my coins came from. Should any concern about authenticity or legality to own ever arise, it helps to have that information.</p><p><br /></p><p>However, not all provenances are equal. A coin that is ex- Joe Shmoe the vest pocket dealer is not as good as one that came from a famous collection from 100 years ago.</p><p><br /></p><p>I will pay extra for a good provenance from a well-known collector of yesteryear.</p><p><br /></p><p>Generally, I won't pay extra for a hoard provenance, unless the hoard is known for being particularly significant or of very high quality.[/QUOTE]</p><p><br /></p>
[QUOTE="Nap, post: 5205119, member: 73099"]Unless you find it in the ground yourself all coins were owned by someone else before you. I try to keep track of where my coins came from. Should any concern about authenticity or legality to own ever arise, it helps to have that information. However, not all provenances are equal. A coin that is ex- Joe Shmoe the vest pocket dealer is not as good as one that came from a famous collection from 100 years ago. I will pay extra for a good provenance from a well-known collector of yesteryear. Generally, I won't pay extra for a hoard provenance, unless the hoard is known for being particularly significant or of very high quality.[/QUOTE]
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How important is provenance?
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