Heritage auctions
World CoinsStarck Reality: Provenance matters… and doesn’t when it comes to pricing.
Provenance can be a game-changer in numismatics—except when it comes to standard price guides. A look at an 1872-M Italy 5 lire from the famed Eric P. Newman Collection reveals why some coins sell for multiples of their market value, but their historical pedigree doesn’t always impact official pricing.
Jeff Starck
