Pedigrees?

Discussion in 'US Coins Forum' started by Santinidollar, Oct 15, 2016.

  1. Santinidollar

    Santinidollar Supporter! Supporter

    I only have a few, but how much stock do you put in pedigrees? Mine came simply because I liked the coin in the first place and would have bought it without a hoard or collection on the label.
     
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  3. Rheingold

    Rheingold Well-Known Member

    I actually have one pedigreed Morgan, but I bought this coin for it's beauty and not for the pedigrees.
    There are only a handfull pedigrees I would pay a premium for.
    Saddle Ridge Hoard, SS Republic and most for The ship of gold....:angelic:
     
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  4. Endeavor

    Endeavor Well-Known Member

    I've had one or two in my collection before, but like OP, it just happened to be on the label of a coin I wanted. I would have bought with or without the pedigree.
     
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  5. SuperDave

    SuperDave Free the Cartwheels!

    The only pedigrees which appeal to me are those connected to prominent previous collectors. I'd be a proud man indeed to own a former Jack Lee Morgan, and Eliasberg goes without saying. :)
     
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  6. dwhiz

    dwhiz Collector Supporter

    I don't need no stinking pedigrees, but I do have my own LOL :banghead: 1911 10C AU53-tile.jpg
    And now they are gone.
     
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  7. ldhair

    ldhair Clean Supporter

    I'm happy to own several but nothing that's all that important. Just low end stuff when the collections were sold at auction. Many of the important names had giant collections.
     
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  8. longshot

    longshot Enthusiast Supporter

    I only have a few, but I find they add interest to me if a coin was owned by an individual who left a mark on numismatics.

    Ellsworth Reiver.jpg
     
  9. Jdiablo30

    Jdiablo30 Well-Known Member

    I had a few,but I think they were from the guy who I bought them from,paid extra to have his name on the NGC label. Didn't matter to me as most of my coins get cracked out at some point or another in their lives. Now they are reside in PCGS secure slabs with no pedigree.
     
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  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I thought the only pedigree worth anything is the AKC.........American Kennel Coin.

    Chris
     
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  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    The vast majority of so-called "pedigrees" are marketing, and not worth anything. A submitter can add their "pedigree" to a slab by paying a small fee. It doesn't really mean anything except marketing and vanity, it adds no value, and it clutters up the slab. Saddle Ridge, Redmond, Binion, SS Central America... these are pure marketing hype.

    The only pedigrees that mean something to me are those of prominent, well known numismatists who assembled exceptional collections and/or contributed significantly to the numismatic knowledge base. The pedigree of Jules Reiver, for example, continues to sell for a large premium. Eliasberg and Jack Lee, for example, didn't really do anything except spend a lot of money, but their collections will always be popular. Bass was a pioneer in gold coins, Overton was well known in Bust Halves.

    As a rough correlation (by no means consistent, or all inclusive) - if they wrote a well known reference on the subject, their pedigree on those coins will add value.
     
  12. Dancing Fire

    Dancing Fire Junior Member

    None!
     
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  13. Agilmore01

    Agilmore01 Well-Known Member

    I bought 3 Eliasberg NGC graded large cents on Craigslist for $100 total a few years ago. Their grades were F15, VF25 and VF30, so nothing outstanding. I didn't even know who Eliasberg was when I bought them and neither did the seller. One of them is an 1857 graded VF25, which is the one I am keeping. I sold the F15 over a year ago and got stupid money for it on ebay and my 1847 VF30 is on the way out too.

    Sent from my SM-N920V using Tapatalk
     
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  14. KSorbo

    KSorbo Well-Known Member

    The best pedigree is coins that are currently owned by me

    Joking aside, I wouldn't mind having a Newman, Eliasberg or something similar. I agree with previous posts that there is a lot of marketing hype involved with some of them.
     
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  15. Santinidollar

    Santinidollar Supporter! Supporter

    I think the dumbest pedigree is the Redfield hoard which is a coin that was tossed down a coal chute by a crazed tax dodger. Some of the sought after prices are good for laughs.
     
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  16. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

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  17. Paul M.

    Paul M. Well-Known Member

    I have a couple of CWTs from the personal collection of Susan Trask, which I bought directly from her. Those are currently my only pedigrees, but I do think it'd be cool to have an Eliasberg. :)
     
  18. Santinidollar

    Santinidollar Supporter! Supporter

    I do have one Binion hoard Peace dollar. It's cool because Ted probably raked it off the casino take. All histories say he "exchanged" dollars for silver dollars. Horse feathers.
     
  19. totally

    totally Active Member

    As for value, I only think that a few pedigrees really add much value to coins. I think a lot of pedigrees are really pointless and dumb.

    I don't buy a coin for the pedigree. If it has a decent pedigree (i.e. comes from a major popular collection - not like Stacks whatever street), then great. If not, oh well. I only have 1 pedigree that I consider to be 'not terrible'. I didn't buy it for that reason.
     
  20. calcol

    calcol Supporter! Supporter

    Probably the most valuable pedigree is GSA for certain Morgans. For some ancient coins, the pedigrees can stretch back quite a ways ... centuries. Pedigrees don't matter to me, but I do have a couple of coins with such. I don't fault those who place importance on pedigrees though. We collect for a variety of personal reasons. If knowledge of who has previously owned a particular coin is important to someone, who am I to disparage that?

    Cal
     
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  21. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    In the world of ancient coins, having a pedigree is often useful for authentication purposes. I have but one coin with a pedigree (Arthur M. Sackler), but that means that my coin is genuine beyond a shadow of a doubt.
     
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