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Date: 12/17/2008
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From: Walt Vogdes
Remote Name: 68.116.104.137
Date: 01/29/2003
Time: 11:03:12 AM
Most of the participants in this site are interested in old steins, where COA and original packaging are not part of the equation. Old steins were made to be used, or to be given as a cherished keepsake, or for decorative appeal. Limited edition pieces of all types are made to be collected, and much of the allure of collectibles is the "value" they have attained when reselling. Things like a low serial number within the edition are hyped to try to increase the value of an item. The COA and original packaging are two more ways in which "mine is better than yours". In some cases collectible speculators boast that their item has never been out of the box! So the answer is yes, COA and original packaging are a factor in pricing, whether we think it should be or not.
While there have been many notable exceptions, the market for limited edition collectibles has been very disppointing and inconsistent. I don't have the data to support this, but observation leads me to believe that the great majority of limited edition collectibles cannot be sold for their original purchase price after 5 years. I know, I know, there are many exceptions. Let's also acknowledge tht we hear a lot more about the ones which have risen, than the multitude which have lost most of their value. The point I want to make is that you need to decide WHY you want to purchase a collectible. If it is for the enjoyment it gives you, then you have the basis for deciding how much it is worth to YOU! If you are speculating in its future value, you must be very selective, and for any item with a large edition size, must know a great deal about the aspects which will contribute to future value.
I hope this helps you make your decision.