From the Dec. 21 Numismatic News E-Newsletter:
Do autographs of governmental officials on slab labels increase coin values?
Here are some answers sent from our e-newsletter readers to Editor Dave Harper.
Only to members of the officials’ families. The rest of us couldn’t care less about these computer-produced “autographs.” Even original signatures on the slabs would have no value whatsoever.
Autographs of government officials on slabs won’t increase the value of the coin itself. It may increase the value of the slab with the coin in it.
No. Buy the coin, not the slab.
Allen Park, Mich.
When Frank A Leach signs a slab label, I will think about it. I do not see any value in having government officials or sports stars sign the label.
I try to purchase the coin, not the window dressing. I don’t mind if others like the signed labels. We all have separate things we enjoy. Let that not be their punishment but their reward.
For my money, the autograph of a federal government official on a slab label would DECREASE its value! Happy Holidays!
These autographs do not affect the values of the coins themselves, but they sure affect the value of the slab. I wonder if a coin is cracked out of an autographed slab, would there be a market for the empty plastic by itself?
I do not believe that the value of the coin itself increases when a government official autographs a slab label.
The extra premium being paid by the collector is for the autograph.
The coin from an autographed slab can be placed in a normal slab from the same grading service and will cost less.
For me, it’s a big area. The few autographs that may be worth it are NOT worth it. Even on paper currency, the same applies! Basically, few and far between.
Maybe postal cards (with photos) might be an area to consider. This being of certain places, perhaps. Sports ones, it depends on whom you collect.
This article was originally printed in Numismatic News Express. >> Subscribe today
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