What Would You Do In This Situation?

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.

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.

Wouldn't it be nice if you could just get a photo certificate stating authenticity and grading and pedigree? Or better yet, since grading circulated coins is actually feasible with Photograde, wouldn't it be nice if folks could just get a simple authentication certificate instead of paying for this months grading standards? On the other hand, this might not be lawful in America. You know simple, easy answers that don't require fear factors and a Marcus Welby nod from authority figures are sort of frowned upon. Just imagine collecting a coin, grading it yourself, having it authenticated by the Marcus Welbys-- (who apparently really can do that)--and then just storing your coins in any holder you like? You know, that would almost be like coin collecting. What kind of idealist rubbish is that!
And certificates? Certificates? "That is like sooooo 80's man."

If I'm not mistaken NGC will issue certificates but only for things they can't get into a slab: large medals, multiple thalers etc. You could see if they would make an exception for you and issue a cert for your large cent including the pedigree. Who knows, NGC appears to be somewhat progressive.

Sell it. Buy one local to you that you can hold to inspect to insure that it is problem free. I wouldn't buy a slabbed coin to crack open unless you got it for raw coin money. Good luck on your decision.

EAC grading standards are significantly tougher than any TPG.

In addition to your ideas concerning where to trade, send an email to your regional EAC coordinator. Chances are that person has the ability to disseminate your offer to a whole lot of specifically-interested collectors.

Bryan,
I don't put a value on the pedigree. Coin collecting is all about the coin. I have been collecting for over 40 years and learned that coins are valuable as to condition, popularity and rarity. If a premium was paid for the pedigree then I would sell it and get another one to replace it.

quote:

---

Originally posted by Bryan1315

well I have offered it to trade here on these boards and on CU forums and no one seems to want to trade it for a regular Large Cent without a pedigree so if no one decides they want it by Sunday I guess I will go ahead and crack it out and put it in the Dansco and not worry about it. I did not pay any premium for it at all so the pedigree means nothing to me, I just figured it may be something someone may want to have that collects early copper because of the pedigree and figured that I would rather trade with someone that it means something to instead of cracking it out and losing the pedigree

---

Why not try and sell it on ebay? I don't know what the demand for that coin is, but you could check on previous closed auctions and see where it might take you.

Is there a reason you're in a rush on this coin, or do you have enough time to look at other avenues?