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<p>[QUOTE="1865King, post: 8206467, member: 103207"]Pedigreed coins can be good or bad. The good part is that you get to own a coin that was once owned by a well know collector. The bad part is when they are first auctioned off, they usually sell for a high price. Great for the person or estate selling them not that great for the collector. </p><p><br /></p><p>I have a number of coins that are pedigreed to big time collectors but, they weren't bought the first time they were sold. What I've noticed is that once the original auction is over and the coins are then sold in a future auction mixed in with other coins they seem to sell for less money. Not aways but very often do. </p><p><br /></p><p>John McCloskey is well known to many people but, I didn't see his coins drawing the excitement that was generated by the sale of the Pitman collection or Bass collection. The coins sold in the recent Heritage auction were mainly good "collector" coins. I didn't see any coins that I would consider high end. Don't be surprised to see some of his coins being sold at another auction later this year or in the next few years and realizing a much lower price.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 8206467, member: 103207"]Pedigreed coins can be good or bad. The good part is that you get to own a coin that was once owned by a well know collector. The bad part is when they are first auctioned off, they usually sell for a high price. Great for the person or estate selling them not that great for the collector. I have a number of coins that are pedigreed to big time collectors but, they weren't bought the first time they were sold. What I've noticed is that once the original auction is over and the coins are then sold in a future auction mixed in with other coins they seem to sell for less money. Not aways but very often do. John McCloskey is well known to many people but, I didn't see his coins drawing the excitement that was generated by the sale of the Pitman collection or Bass collection. The coins sold in the recent Heritage auction were mainly good "collector" coins. I didn't see any coins that I would consider high end. Don't be surprised to see some of his coins being sold at another auction later this year or in the next few years and realizing a much lower price.[/QUOTE]
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