Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics 300,000 items to help build your collection! Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

What Does Belzberg Mean?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 34 / Views: 7,076Next Topic
Page: of 3
Pillar of the Community
Everest's Avatar
Taiwan
606 Posts
 Posted 01/06/2015  10:29 am  Show Profile   Bookmark this reply Add Everest to your friends list Get a Link to this Reply
Denco 7: I like how you are thinking. I am enjoying every ones take on
pedigree/provenance.I purchased coins out of the Norweb and Belzberg
sales and was very happy to do so. IMO top pop coins with solid
pedigrees bring very solid prices when the time comes to sell.
Pillar of the Community
denco7's Avatar
United States
2543 Posts
 Posted 01/06/2015  10:49 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
As a hobbyist, flipper, investor, you want the best coin for the money. But as a true collector of anything , and I have heard this a thousand times on Antique Roadshow, provenance means everything.

And my mantra is " Buy the coin not the holder " , my only contention was that buying a coin with provenance was the epitome of buying the coin not the holder. Regardless of the TPG, regardless of the grade, regardless of what RedBook says the coin itself is worth, THAT coin was part of one of the finest collections in the country. While other people can only fantasize the lives of their coins, provenance gives you the knowledge of exactly where your coin has been for the last ? years.

To me, anyway, that is buying the coin not the holder.

EDIT: Just reread my post, I am NOT saying that people who don't care about provenance are not true coin collectors, so don't flame me. But provenance is an extremely important part of many...many other types of collecting.
Edited by denco7
01/06/2015 10:53 am
Pillar of the Community
kbbpll's Avatar
United States
4233 Posts
 Posted 01/06/2015  12:20 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
This is a thought-provoking discussion and thanks for the variety of perspectives. @macdon, since you didn't know what Belzberg meant, I'm curious whether you purchased these coins or perhaps inherited them? Obviously the Belzberg attribution had no significance to you prior to starting this thread.

Here's part of what wikipedia says regarding "provenance":

Quote:
The primary purpose of tracing the provenance of an object or entity is normally to provide contextual and circumstantial evidence for its original production or discovery, by establishing, as far as practicable, its later history, especially the sequences of its formal ownership, custody, and places of storage. The practice has a particular value in helping authenticate objects. Comparative techniques, expert opinions, and the results of scientific tests may also be used to these ends, but establishing provenance is essentially a matter of documentation.


To me, the value of provenance is a spectrum from high to low. "Value" can be strictly monetary, or mostly knowledge. In archaeology, provenance (and its related term "provenience") is critically important. An artifact is virtually meaningless without the context of discovery. In art, provenance primarily proves that it's genuine, who painted it and when, and demonstrates whether it had ever been looted or stolen. For a coin though, what value does provenance really give us? Once proven genuine, we know pretty much everything we need to know. Sure, there are questions about how certain coins ever got out of the mint, but what else is there? Yes, certain one of a kind coins have tremendous allure because of who owned them, but for every one of those there are hundreds of relatively average coins only distinguished by having Pittman or Belzberg etc as previous owners. Those coins may have also traded hands numerous times after being designated, so where is the value in a single attribution? I like the comparison to a Jimi Hendrix guitar. Or perhaps let's say a set of golf clubs - Arnold Palmer owned this set of clubs, played the Master with them in 19xx - valuable! This other set of golf clubs was owned by Warren Buffet - more or less valuable? There's nothing particularly unique about the fact that a phenomenally wealthy person previously owned something relatively common. That person didn't do anything with that specific object that was inherently part of their "fame". I feel the same about coins.

Related to the question/point others have raised, how do TPGs (or any collector, for that matter) determine what provenance is meaningful? My most valuable George VI coins came directly from my grandfather, and have clear provenance to 1949. If the value is in the clear line of ownership and authenticity, how do I get a TPG to recognize that? It's a bit of a conundrum, isn't it?
Valued Member
Canada
495 Posts
 Posted 01/06/2015  4:15 pm  Show Profile   Bookmark this reply Add macdon to your friends list Get a Link to this Reply
Thanks for the education on this topic. I had Pittman and Norweb coins a few years ago and unfortunately sold them without knowing the history. Belzberg was purchased at auction, I can't recall if it was HA or other site.
  Previous TopicReplies: 34 / Views: 7,076Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.22 seconds to rattle this change. Forums