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Do Previous Owners Effect Value?

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Nothus's Avatar
United States
209 Posts
 Posted 09/15/2012  4:32 pm Show Profile   Bookmark this topic Add Nothus to your friends list Get a Link to this Message Number of Subscribers
While surfing ebay I noticed a coin that is described as being from Marcel Jungfleisch's collection. I am generally famiiar with the type and it doesn't seem all that great of a specimen. It's a little rough, off center and missing details. It's priced at about $50, pretty much 5 times the price I would be willing to pay.

There might very well be something amazing about the coin that I am just not seeing. There is no mention of documents supporting the coins recent past. It makes me scratch my head.

What do you all think, does previous ownership of a coin in any way alter your idea of what a coin is worth?
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Bing's Avatar
United States
4253 Posts
 Posted 09/15/2012  4:57 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
I know nothing about Marcel Jungfleisch or his collection, but the provenance of a coin can make a slight difference in the value of the coin. If I know where a coin has come from, who has owned it, I might be willing to pay for that knowledge.
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echizento's Avatar
United States
23731 Posts
 Posted 09/15/2012  5:12 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
If it was from a well know and respected collector than it would effect the value.
New Member
United States
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 Posted 09/16/2012  08:51 am  Show Profile   Bookmark this reply Add pirate1707 to your friends list Get a Link to this Reply
I purchased a denarius of Lucius Verus a while back from Manfra Tordella & Brookes in NYC that was part of the collection of Sir Arthur Conan-Doyle (author of the Sherlock Holmes stories) Although I feel I didn't really pay anything extra for it because of it I still hold onto the documentation that says it was from his collection. He also had the reverse of the coin improperly attributed. He had it as Armenia seated on ground and it was actually Parthia.
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Bing's Avatar
United States
4253 Posts
 Posted 09/16/2012  08:55 am  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply

Quote:
part of the collection of Sir Arthur Conan-Doyle


You know, I don't go out seeking autographs or the like, but to own something that was once owned by (fill in name of famous/important person) means something to me and does add some value. Sir Arthur Conan-Doyle? Are you kidding me? What a story that makes.
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carmykle's Avatar
United States
2448 Posts
 Posted 09/16/2012  3:46 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
What he said!

Guess that answers that question. They're still looking for D. B. Cooper's money. Of course he never really "owned" the money.
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United States
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 Posted 09/16/2012  4:06 pm  Show Profile   Bookmark this reply Add dougsmit to your friends list Get a Link to this Reply
I recently bought a coin of Gallienus that was an upgrade of my previous exact duplicate but I decided to keep the first because it was from the collection of John Quincy Adams. I believe we discussed that when it happened. I only have two JQA coins and do place a bit of extra value on them but am not sure exactly how much.
http://www.forumancientcoins.com/do...ac34jqa.html
Edited by dougsmit
09/16/2012 4:07 pm
Pillar of the Community
United States
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 Posted 09/16/2012  4:10 pm  Show Profile   Bookmark this reply Add dougsmit to your friends list Get a Link to this Reply
That said, I also enjoy having old envelopes showing my coin was collected a century ago even if the collector was a nobody like me. Do I pay extra? No, but I might buy a coin if it is a good deal and comes with an old ticket before an equal coin otherwise.
http://www.forumancientcoins.com/do.../feac16.html
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 Posted 09/16/2012  4:12 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
sometimes no. Now if you have a eliasberg coin, yes that can effect the value.
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Bing's Avatar
United States
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 Posted 09/16/2012  4:31 pm  Show Profile   Bookmark this reply Add Bing to your friends list Get a Link to this Reply
I had to look up Eliasberg. But you can't tell me that if you know your coin was once owned by John Q. Adams it would not raise the vale to some extent.
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Nothus's Avatar
United States
209 Posts
 Posted 09/16/2012  5:56 pm  Show Profile   Bookmark this reply Add Nothus to your friends list Get a Link to this Reply
Arthur Conan-Doyle and a founding father?! Wow, either one of those would somewhat raise value to me, especially JQA. I think I would avoid something like an Eliasberg coin though; for some reason I have a problem with a collection that complete being broken up and sold in pieces like a junkyard Caddy, even though it is a perfectly reasonable thing to do. Not sure why, unless it is simply avoinding the bad karma of completely undoing something that somebody spent so many years lovingly piecing together. Just seems wrong to me. Thanks for the input all. I think I will stick with my skepticism and label the coin I saw as 'overpriced.'
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/16/2012  5:56 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
part of the collection of Sir Arthur Conan-Doyle
That would get my attention too, since I'm a big fan of Sherlock Holmes. From a half-dozen stories involving gems, I knew Sir Arthur Conan-Doyle had an interest there, so I'm not suprised he was a coin collector too.
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Nothus's Avatar
United States
209 Posts
 Posted 09/16/2012  6:13 pm  Show Profile   Bookmark this reply Add Nothus to your friends list Get a Link to this Reply
I love his stories too. And I would get a perverse pleasure out of having corrected his misattribution.
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Ancientnoob's Avatar
United States
5155 Posts
 Posted 09/16/2012  8:01 pm  Show Profile   Bookmark this reply Add Ancientnoob to your friends list Get a Link to this Reply
I hope in the distant future everyone bids high for the coins of Sir Ancient Noob.
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stevex6's Avatar
3352 Posts
 Posted 09/16/2012  8:19 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list Get a Link to this Reply
I guarantee you that if you manage to get knighted, then I'll invest heavily in the "Sir A-noob Coin Collection"!!

Do-Previous-Owners-Effect-Value?
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maridvnvm's Avatar
United Kingdom
2100 Posts
 Posted 09/17/2012  06:57 am  Show Profile   Bookmark this reply Add maridvnvm to your friends list Get a Link to this Reply
I don't own any coins that were owned by famous people but were owned by numismatists.

I have a few ALexandrian Tets. of Probus that I bought from Keith Emmett, Author of "Alexandrian Coins", who in turn bought them from Col. James W. Curtis, Author of "The Tetradrachms of Roman Egypt.". They were provided with the tags and flip used by Emmett and the 2x2s that had been previously used by Curtis.

All this adds very little to their financial value but does provide some provenance.

Martin
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