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 Replies: 14 / Views: 249 |
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Valued Member
United States
247 Posts |
Coming from other hobbies, my general opinion of a "Certificate of Authenticity" that accompanies any NEW item is that it is a pretty slip of paper that means absolutely nothing to the value of said item. It is there to make the item seem more special than it really is. I don't even trust certificates for things like autographs. Being new to the Coin World, I need to ask: do the certificates of authenticity that come with some newly issued coins, especially direct from a government mint, REALLY add to a coin's value? I see on Ebay sellers make a big deal about it. Thoughts?  Edited by Nells250
01/12/2021 6:47 pm
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Bedrock of the Community
United States
37088 Posts |
I think it is only as good as the person backing it. In regards to a government item,it is just a piece of paper. John1  ( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
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Bedrock of the Community
United States
53453 Posts |
I would venture that, per se, a certificate of authenticity on any newly-minted product is a worthless come-on.
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Pillar of the Community
United States
891 Posts |
The value on LOAs in autos and sports memorabilia is LOL in my opinion. So often the value of that piece of paper is the value, the actual autograph is treated as worthless otherwise regardless of its actual legitimacy. In coins and the TPGs, we get to say "buy the coin and not the holder" but with things like high end silver eagles, it's that dumb label that seems to matter most.
My hoard of '82s is up to 204! 218 BC x 1, 118 BC x 3, 18 BC x 1, 82 x 1, 182 x 1, 282 x 2, 382 x 1, 582 x 2, 682 x 1, 782 x 2, 882 x 1, 982 x 4, 1082 x 1 1182 x 8, 1282 x 2, 1382 x 1, 1482 x 5, 1582 x 13, 1682 x 15, 1782 x 57, 1882 x 49, 1982 x 33
Edited by Collects82
01/12/2021 7:07 pm
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Valued Member
United States
247 Posts |
OK.... "LOA" and " TPG"... ? ;-) Forgive me! |
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Pillar of the Community
United States
891 Posts |
Don't forget that in coins we have CAC which grades the graders and that bean can swing values...
My hoard of '82s is up to 204! 218 BC x 1, 118 BC x 3, 18 BC x 1, 82 x 1, 182 x 1, 282 x 2, 382 x 1, 582 x 2, 682 x 1, 782 x 2, 882 x 1, 982 x 4, 1082 x 1 1182 x 8, 1282 x 2, 1382 x 1, 1482 x 5, 1582 x 13, 1682 x 15, 1782 x 57, 1882 x 49, 1982 x 33
Edited by Collects82
01/12/2021 7:59 pm
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Pillar of the Community
United States
4187 Posts |
I put together a complete set of modern commemorative silver dollars and half dollars and didn't save a single CoA. Coins went into an album, CoAs and packaging went in the trash.
Check out my counterstamped Lincoln Cent collection: http://goccf.com/t/303507 |
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Bedrock of the Community
United States
20009 Posts |
Sounds like something ebay would issue with all UNSEARCHED rolls of coins.   just carl
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Pillar of the Community
United States
9346 Posts |
In some cases the COA is desirable to have. One example is the GSA CC Morgan dollars in OGP. They are more desirable with a matching COA, especially the 1879CC. |
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Pillar of the Community
United States
6846 Posts |
A COA on something like a proof ASE from the mint means as much to me a grade on a slabbed coin's label...very little.
Hype is made when selling something with a COA. Hype is made when the desired numbers are printed on the label, and a green sticker is stuck to the slab.
Yet the grade on a label, if the coin is broken out and resubmitted, is never again guaranteed to be the same grade again. So much for correctness and authenticity of what the label says - it cannot be scientifically verified.
So I do not value what the paper in the slab says any more than I value the paper COA in the ASE proof's box.
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Bedrock of the Community
Australia
17870 Posts |
'Certificates of Authenticity' can be faked as well.
I see the genuine Certificates of Authenticity as more of a burden, rather then imparting a nice, fuzzy feeling. If accompanying C of A is lost, some of the value is lost.
Limited issue NCLT coins could be individually incuse numbered on the edge. The exact shape of the incuse numbering would be hard to fake.
After 4C's grading, diamonds are laser etched on the girdle for individual identification. The 4C grading and serial number is recorded on a data base.
No need for a C of A.
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Pillar of the Community
United States
6846 Posts |
Quote:
Limited issue NCLT coins could be individually incuse numbered on the edge. The exact shape of the incuse numbering would be hard to fake. Excellent idea IMO 
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Moderator
United States
94141 Posts |
Quote:
Coins went into an album, CoAs and packaging went in the trash. Same for many of my Dansco holes, except the latter went into a box.  I do enjoy having the COA with all the OGP sets that remain intact. It is just an extra part of the complete product. However, it is not a necessity. I would not worry if it were missing from anything I bought from a third party.
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Pillar of the Community
Australia
1693 Posts |
I don't think so, but I'll hang on to it anyway.
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Pillar of the Community
Canada
534 Posts |
On eBay I see a lot of non-circulating world silver and gold coins that do not have certificates of authenticity. These products are most likely not being sold by the original purchaser and the certificate has been lost/destroyed over time. It's not something that bothers me.
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Replies: 14 / Views: 249 |
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Posted 01/12/2021 6:54 pm
