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  Artifact documentation: Original vs. copies

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Author Topic:   Artifact documentation: Original vs. copies
Leon Ford
Member

Posts: 309
From: Shreveport, LA, United States
Registered: Nov 1999

posted 04-10-2000 12:33 PM     Click Here to See the Profile for Leon Ford   Click Here to Email Leon Ford     Edit/Delete Message   Reply w/Quote
I think the one thing that has come out of the discussions on this page lately is that documentation is the key to collecting flown items, whatever those items maybe.

In looking at the items up for sale in the new Superior auction, all the items come with a COPY of the documentation that Superior has. The original is in their files. Why wouldn't Superior give the winning bidder the ORIGINAL documentation and keep a copy for their files? What possible use would Superior have for the original after they have sold the item?

I think these are questions that bidders should keep in mind when they are looking through the Superior list of offered items.

I would certainly welcome an explanation from anyone from Superior.

JoeDavies
Member

Posts: 17
From:
Registered: Mar 2000

posted 04-10-2000 10:43 PM     Click Here to See the Profile for JoeDavies   Click Here to Email JoeDavies     Edit/Delete Message   Reply w/Quote
I totally agree with Mr Ford' comments. The key is ORIGINAL documentation that provides an irrefutable statement of authenticity. By with-holding or not supplying this documentation Superior (or anyone else doing this) is devaluing both in terms of the monetary value and desirability. It is a trap awaiting the unsuspecting, inexperienced or naive.

Hard provenance is vital when spending on these exclusive artifacts.

astronut
Member

Posts: 969
From: South Fork, CO
Registered: Mar 2000

posted 04-10-2000 11:11 PM     Click Here to See the Profile for astronut   Click Here to Email astronut     Edit/Delete Message   Reply w/Quote
I also agree. The paper trail is ALL you've got after the participants are gone.

Along those lines is why I'm now pursuing written memories from the boy who owned my Gemini signed poster. I've asked if he can find a photo or two of him as a boy with the poster in the background.

I've also requested any memories from the uncle that gave it to him. That uncle worked at Martin Marietta and was the person the astronauts presented it too. What memories does he have of meeting these men.

As I intend to loan this poster to a local museum after it's preserved, matted, and framed, these documents and photos will add interest to the piece.

ritestuf
unregistered
posted 04-12-2000 12:40 PM           Edit/Delete Message   Reply w/Quote
Dear Mr. Ford - I have read with interest your comments regarding our May 6-7th space memorabilia auction in which you emphatically state that "all the items" come with "copies" of COAs rather than the originals "which we keep for our files." Perhaps I misread your comments or perhaps you mis-spoke?

The fact of the matter is that, as far as I remember, such a comment applies to only one item, the flown Apollo 17 flag. All other items come with complete NASA or contractor documentation or none at all. In the case of the A-17 flown flag, there were about 15 flown flags in an envelope with one handwritten COA from Gene Cernan and one from Ed Barker, to whom he had given the envelope. Since Mr. Barker is deceased and the material was consigned by his estate, how do you propose I supply original COAs with all the flags — or should I have just offered them as one lot — thus costing the estate a lot of money.

I believe that you owe Superior an apology for casting aspersions where none were justified. There is no reason for Superior to accumulate original COAs in our files except in cases such as the above and, in such cases, the buyer of the last piece gets the original COA as I feel they should.

I look forward to your comments... — Michael Orenstein

JoeDavies
Member

Posts: 17
From:
Registered: Mar 2000

posted 04-13-2000 01:36 PM     Click Here to See the Profile for JoeDavies   Click Here to Email JoeDavies     Edit/Delete Message   Reply w/Quote
I am at a loss to understand why offering the consignment as one lot would cost the estate a lot of money. Surely one good multiple item lot with hard and solid LOAs from Cernan and the estate of the consigner would be preferable to diluting this provenance with Xerox copies. After all, the history and provenance is where the value is, not in the 10 cents flags.

Personally I feel that it would enhance the lot if you actually detailed this information of how you received the consignment in the listing and offered to show the winning bidder the original LOA.

Leon Ford
Member

Posts: 309
From: Shreveport, LA, United States
Registered: Nov 1999

posted 04-13-2000 02:42 PM     Click Here to See the Profile for Leon Ford   Click Here to Email Leon Ford     Edit/Delete Message   Reply w/Quote
Mr. Orenstein, I really don't think I owe anyone an apology for asking a question. Many of the postings lately have been about documentation and that is what my posting was about.

I must agree with Mr. Davies, that I think that the items, listed as a lot, with proper documentation would make money for the estate. You have another opinion which is certaily a valid one.

I collect space items because I grew up during the Apollo era of exploration. I do not do this to make money, but I also don't do it to lose money. The hobby has certainly "taken off" in the past few months and a lot of money is being spent. A few years down the road, how much is a flag from Apollo 17 going to be worth with a Xerox copy of a letter from Mr. Cernan. Do you think that the person who purchased the flag will be able to get his or her money out of it with that type of documentation? Would Superior take a flag for auction with a Xerox copy of a letter from an astronaut saying that it flew on his mission?

My question was about documentation and it is something that I think people should think about. Collect for the love of the hobby, but at the same time, make sure that the documentation behind the item will help you insure your investment in the item.

astronut
Member

Posts: 969
From: South Fork, CO
Registered: Mar 2000

posted 04-13-2000 03:03 PM     Click Here to See the Profile for astronut   Click Here to Email astronut     Edit/Delete Message   Reply w/Quote
As stated before, Mr. Ford is absolutely right. Once the participants are gone the "paper trail" is all that will remain to validate ANY item.

While I can understand Superior's difficulty when only one COA exsists for a multiple item lot, that lot should be sold as a whole so that the buyer gets the COA or NOT SOLD AT ALL. Of course that buyer will once again be faced with the same lack of documentation if/when they break the lot for resale.

"A fine pickle!!"

ritestuf
unregistered
posted 04-13-2000 05:44 PM           Edit/Delete Message   Reply w/Quote
Gentlemen - Please be reasonable and think this through. In Superior's last sale, this flown A-17 flag, with photocopy documentation, realized $2,760 including commissions. If, as you have suggested, I sold all 15 flags as one unit with the original documentation, the price would have been $41,400. Who among you, would have spent over 40k to have purchased this lot? What about the other 14 collectors who aspired to own one of these flags but couldn't because they went as a lot. It is a truism in the auction business (and most others) that a large lot sells for less than individual lots since fewer buyers are in a position to purchase it. That holds true in space sales also.

Regarding the apology, it had nothing to do with the question of documentation. It had to do with your blanket comment that "...ALL of the items come with a COPY of the documentation that Superior has.The original is in their files...". I just don't see where or how that is a true statement and feel that it does Superior an injustice. On the one A-17 lot, you are correct. On the other lots you are flat wrong as they all include original documentation (To be on the safe side, one or two of the other lots may have come with photocopies from the consignors. I haven't checked. Don't call me a bum for this when 99% of the material has original documentation.)

Anyway, so as not to work the horse to death, I agree with you that original documentation is preferable and documentation is a must. In most cases, it frequently just isn't available as material has changed hands many times. You, as a collector, may choose not to purchase an item without original documentation. For someone else, who maybe can't afford a fully certified item, they may be willing to settle for less. There is something for everyone.

In the case of Superior, we get consignments from a range of consigners, and I do my best to determine authenticity and offer items with my best opinion attached. If I were to turn down every item with less than ideal documentation, it would be difficult to put together a sale.

Hope that puts an end to this matter to everyones satisfaction...

JoeDavies
Member

Posts: 17
From:
Registered: Mar 2000

posted 04-15-2000 11:43 AM     Click Here to See the Profile for JoeDavies   Click Here to Email JoeDavies     Edit/Delete Message   Reply w/Quote
Original documentation isn't "preferable" - it is ESSENTIAL!! Without this all one has is a 10 cent flag and a piece of worthless paper. Hearsay and speculation are no substitute for hard evidence, and Xerox copies are NOT hard evidence no matter how much this is hyped up.

You state you do your best to ensure authenticity, well I am afraid that isn't really good enough. Something is authentic or it is not, there is no middle ground, and something can only be proven authentic both now and in the future if it has the irrefutable documentary evidence to support that. If it has that hard evidence then you don't have to do any authenticating !!

One last point. If you had taken the original documentation from Cernan and the Estate and had gotten Cernan to inscribe on the surface of each flag "This Flag flown to the surface of the Moon" and had him sign it "Gene Cernan" and submitted it as a lot of 15 flags with the original LOAs then I for one would have given you the $41,000 for the whole lot, in fact I would have gone substantially higher if required, possibly to $100,000. By having the inscriptions on the flags themselves would have provided that irrefutable authenticity and the original LOA would have been good supporting evidence. You possibly lost a considerable amount of money for the estate by NOT understanding the requirements of your bidders, please try listening rather than issuing edicts.

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