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 Replies: 24 / Views: 2,224 |
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Bedrock of the Community
United States
14454 Posts |
I have bought a 1831 Large Letters Large Cent graded by NGC as AU-50 BN N-6 and it has the JULES REIVER pedigree and it is a Ex: George Ramont (11/20/1968) coin for my type set because I wanted a problem free coin for the set and trying to keep the minimum grade at AU-50. I was wondering what any of you would do, would you crack it out and put it in the album (like I had planned) and lose the pedigree and the history, or try and trade it with someone that has another one that would fit in the space that doesn't have the pedigree and then crack it out for the hole? I was unaware of the pedigree or the history of former owners until I had already bought the coin and it was in the information given to me with the coin and the Jules Reiver pedigree is noted on the NGC label Edited by Bryan1315
10/16/2006 12:11 am
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Valued Member
United States
390 Posts |
Wow, that sounds like a cool coin! I guess it depends on whether you care about the "pedigree" of your coin. If you are going to crack it out of the slab, I think I'd sell this one and get one that is just as nice. Does the additional information make it more valuable? If so, sell it at a profit and buy a different coin and use the difference for what else you need. That's if you have to have it in your album.  |
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Pillar of the Community
Australia
1295 Posts |
Well I'd move it on and get another one. Once the pedigree is lost it's over and done with and no-one else can enjoy the coin I've passed up on a couple of Australian pre-decimal proofs because the pedigree was broken.
Mark
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Pillar of the Community
Australia
3831 Posts |
You can always trade for it and let someone else enjoy the pedigree  |
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Pillar of the Community
United States
891 Posts |
To me the pedigree means nothing. It's all about the coin. If a premium was paid for the pedigree then I would sell it and get another one. If not then I would crack it out if that's the one you want for your set. The sets that I am putting together will not be sold in my lifetime and are for my enjoyment. Not a problem for me to crack it out. I just keep the label with it.
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Valued Member
United States
397 Posts |
quote:
Originally posted by Guido
Wow, that sounds like a cool coin! I guess it depends on whether you care about the "pedigree" of your coin. If you are going to crack it out of the slab, I think I'd sell this one and get one that is just as nice. Does the additional information make it more valuable? If so, sell it at a profit and buy a different coin and use the difference for what else you need. That's if you have to have it in your album.
Ditto.... MM  |
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Pillar of the Community
United States
1541 Posts |
Maybe there are collectors who value the pedigree, if you don't then I think it would be good if you sell it, let someone else enjoy the pedigree and buy another to crack out.
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Valued Member
United States
179 Posts |
quote:
Originally posted by shatsi
Maybe there are collectors who value the pedigree, if you don't then I think it would be good if you sell it, let someone else enjoy the pedigree and buy another to crack out.
Agree completely. A slabbed coin is unnatural in a raw set.  If there is any $ premium attached to the "pedigree", that makes it even more necessary to cash it out...I have cracked many a coin out of its plastic prison to include in my matural collections...slabs and certification has a use, to be sure, especially for those who don't or can't grade or authenticatre themselves...but I personally don't care for the industry at all.  Just my opinion  Dennis |
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Pillar of the Community
United States
533 Posts |
I would not crack it. But if you want to, it is yours. If you think the pedigree is important, then keep it intact. It really is up to you and how you feel. It's not like you are thinking about painting it or some monstrosity such as that. It sounds like you think something of the pedigree, so move on to another raw coin and keep it intact. |
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Pillar of the Community
Czech Republic
803 Posts |
One of the reasons I collect coins is the history behind them. Pedigree can tell a lot about a particular coin. I would sell/trade it for one without pedigree, if you plan to crack it out anyway.
Just my 2c.
~Roman
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Pillar of the Community
United States
830 Posts |
In my opinion, the Reiver pedigree will command a premium from serious copper collectors. The Reiver sale realized some big prices, and the pedigree was one of the main reasons.
I agree with most who have replied so far: Don't crack it out. Sell the slabbed coin and search for a raw example that will fit your collection. I, too, was looking for a nice example of a middle-date large cent for my U.S. Type Set, but I passed on the Reiver examples in that auction because I'd have had to crack it out to put it in the Dansco. Instead I found a great raw coin from a copper dealer. You may want to search the 'net for copper specialists and look at their online inventory.
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Pillar of the Community
United States
1840 Posts |
I think that loosing the pedigree on that coin would be a shame. The only reason that I would crack it would be if I couldn't find a suitable replacement.
Do you have a pic of the coin?
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Valued Member
United States
439 Posts |
quote:
Originally posted by TwoKopeiki
One of the reasons I collect coins is the history behind them. Pedigree can tell a lot about a particular coin. I would sell/trade it for one without pedigree, if you plan to crack it out anyway.
Just my 2c.
~Roman
I agree. Personally ,I don't care anything about pedigrees either but there is some history there. I'd crack one out in a heartbeat but not in a case like this. |
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Moderator
 United States
23522 Posts |
Find some of the serious collectors AuldFartte referred to (eacs.org might be a place to start), and use the pedigree as leverage to trade up for a nicer raw coin. I agree with those who advise the pedigree be left undisturbed.
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Bedrock of the Community
 United States
14454 Posts |
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Moderator
United States
23522 Posts |
I'm hardly an expert, but by EAC standards I think that was a very generous grade. A lot like that have been found in the Reiver collection.
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Replies: 24 / Views: 2,224 |
Posted 10/16/2006 12:09 am
