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The Certificate Of Authenticity... Thoughts?

 
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Author Previous TopicReplies: 15 / Views: 328Next Topic  
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 Posted 01/12/2021  6:46 pm Show Profile   Bookmark this topic Add Nells250 to your friends list Get a Link to this Message
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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 Posted 01/12/2021  6:53 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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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 Posted 01/12/2021  6:54 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I would venture that, per se, a certificate of authenticity on any newly-minted product is a worthless come-on.
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 Posted 01/12/2021  7:05 pm  Show Profile   Check Collects82's eBay Listings Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
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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 Posted 01/12/2021  7:09 pm  Show Profile   Bookmark this reply Add Nells250 to your friends list Get a Link to this Reply
OK.... "LOA" and " TPG"... ?

;-) Forgive me!
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 Posted 01/12/2021  7:27 pm  Show Profile   Check Collects82's eBay Listings Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
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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 Posted 01/12/2021  9:11 pm  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
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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 Posted 01/12/2021  9:23 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Sounds like something ebay would issue with all UNSEARCHED rolls of coins.
just carl
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 Posted 01/12/2021  9:23 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
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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 Posted 01/12/2021  10:39 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
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.
The slabbed Half dollar No G farce: Download No-FG half vs. Grading Company Claims report here:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
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 Posted 01/13/2021  12:02 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
'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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 Posted 01/13/2021  2:22 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

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
The slabbed Half dollar No G farce: Download No-FG half vs. Grading Company Claims report here:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
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 Posted 01/13/2021  3:22 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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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 Posted 01/13/2021  5:04 pm  Show Profile   Bookmark this reply Add Mr T to your friends list Get a Link to this Reply
I don't think so, but I'll hang on to it anyway.
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 Posted 01/15/2021  11:09 am  Show Profile   Bookmark this reply Add Cdncoins to your friends list Get a Link to this Reply
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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 Posted 01/19/2021  4:15 pm  Show Profile   Bookmark this reply Add Nells250 to your friends list Get a Link to this Reply
My first:
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