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Do Eric Newman Coins Deserve A Premium?

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MikeF's Avatar
United States
3479 Posts
 Posted 10/31/2017  2:52 pm Show Profile   Bookmark this topic Add MikeF to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Part of his collection is being actioned off soon. Looking at some I'm interested in I noticed they already command a premium.

Poll Choices
 Yes, they deserve a premium.
 No, they should be priced like any other coin.
 It depends on the coin.

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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/31/2017  3:09 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'm not sure they deserve a premium, but I've no doubt they'll usually command one.
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basebal21's Avatar
13014 Posts
 Posted 10/31/2017  3:12 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Depends on the coin. The high end guys don't care, lower range stuff will very likely have one in an auction like that though
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oih82w8's Avatar
United States
7840 Posts
 Posted 10/31/2017  3:34 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
There a few coins that can identified by their pedigree, but, coins should be valued by their own merit...not previous possessors.
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jbuck's Avatar
United States
188421 Posts
 Posted 10/31/2017  3:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Whether or not we feel they deserve the premium is likely irrelevant. There are always going to be people who will pay the premium because they see value in the provenance.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/31/2017  3:51 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I will pay a premium for a coin Eric Newman felt worth owning. My opinion should not inform yours.

Unless you're bidding against me.
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jbuck's Avatar
United States
188421 Posts
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Dorado's Avatar
Canada
24885 Posts
 Posted 10/31/2017  4:23 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
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Crazyb0's Avatar
10197 Posts
 Posted 10/31/2017  5:04 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
You mean ones like this?
Do-Eric-Newman-Coins-Deserve-A-Premium?
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oriole's Avatar
Canada
5240 Posts
 Posted 10/31/2017  5:20 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I know Alfred E. Newman, but who is Eric Newman and why might someone be interested in coins he previously owned?
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Crazyb0's Avatar
10197 Posts
 Posted 10/31/2017  5:46 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Oriole, he's a dead dude, what happens to your collections when your grubby relatives get hold of it. Smart ones market it well.
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moxking's Avatar
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17900 Posts
 Posted 10/31/2017  6:12 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
The coins he chose were superior examples with exceptional eye appeal more times than not.

Those coins can easily deserve a premium, regardless of previous ownership.
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ron6788's Avatar
United States
655 Posts
 Posted 10/31/2017  6:18 pm  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply
I would pay the extra, provided it's noted on the slab. On future resales, it will again attract a premium.



Dorado, that link leads to a virtual coin encyclopedia. Can't imagine him owning all that stuff! (And, I never left the colonials.)
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chesterb's Avatar
United States
1261 Posts
 Posted 10/31/2017  6:29 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply

Quote:
Oriole, he's a dead dude


I don't believe Eric Newman is dead.
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chesterb's Avatar
United States
1261 Posts
 Posted 10/31/2017  6:35 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
Good question mike. I have been wondering the same thing. I do like the little Manila envelopes that provide more history and have his handwriting. I noticed many of the Heritage auction coins also are Ex: Col. E.H.R. Green. Those should command a premium in my mind at least.
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oriole's Avatar
Canada
5240 Posts
 Posted 10/31/2017  6:47 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@Crazyb0, I hope that this shows no disrespect for Eric Newman, but I really want to get that Alfred E. Newman medallion! Alfred E. resonates more with me than Eric.
Edited by oriole
10/31/2017 6:48 pm
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