Many facets determine the value of old coins, and pedigree is just one of them. While condition, origin, and scarcity are also included, if you want to collect a truly one-of-a-kind piece, pedigree is a top factor. It follows the coin’s journey through time, including destinations it has passed through and famous hands that’ve had ownership. These factors weave together, forming an interesting story behind every piece of gold and silver. Here’s what you should know about pedigree.
What Is a Pedigree?
Pedigree is of utmost importance to collectors because it extends beyond factual statistics; it provides an account from the time the coin was pressed to the present day. The more intriguing a coin’s journey is, the more valuable it will be.
What Are the Types of Pedigrees?
Each type has a unique impact on value, with each weaving an interesting tale.
- Famous Possession: This applies to any collectible item, so old coins are no exception. If they can be traced back to the possession of famous people, whether those are actors, authors, or political figures, you have quite the tale to tell.
- Famous Events: If coins have passed through famous hands, they might also have been part of well-known historical events. If your discovery was used during the Civil War, watch your profit soar. The older the coin gets, the more monetary value it will gain.
- Coveted Collections: Some collections are more famous than others, and most collectors will be educated on a variety of these. If you discover that a piece of silver or gold is the missing link in a coveted coin collection, you’re in for a treat value-wise.
- Origin: Some old coins can be traced back to their original mint, following their entire historical journey from past to present. If you learn the steps behind this adventure, you could write an entire book about the coin’s biography. This distinguishes it from others, as many collectors are unaware where their collection originated.
What Makes Pedigree So Interesting?
While factors such as age and condition are static, unchangeable, and easy to discover, pedigree is different. A unique historical background takes time and dedication to discover, and it gives every coin its own story. Having a diverse collection filled with high-pedigree pieces makes it admirable to others, whether they’re coin collectors or not. When collecting new pieces, make this factor a pivotal part of your search.
Whether you’re a novice collector or an experienced aficionado, knowing a coin’s pedigree will help you create a unique, valuable collection. When you’re on the hunt for old coins, make Honolulu’s Hawaiian Islands Stamp & Coin your first stop. The distinguished experts are your go-to authority for appraisals of gold, silver, and other collectibles. Visit the website for more information, or call (808) 531-6251 today!