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Anyone believe this??
erwindoc
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So here is the scenario. An old lady walks in to a local "Sell Gold Here" place and simply wanted an appraisal of the collection her father put together a long time ago. The store owner reports that she pulls out two tubes of St. Gaudens and a tube of Coronet DE that he suspected hadn't been opened in a VERY long time. Additionally, she had mint bags of Walkers and Quarters. She only wants an estimate of their worth and he gives his opinion. He mentioned that the coins looked great! I know the buy person and he was telling the story. I have no reason to not believe him, but its crazy to think that a little ol' lady has a hoard of double eagles lying around in my area!! Any dealers have similar situations? Could the coins be real?
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it could be real but I would be real careful on would I read or heard. jmo
For sale: 200 acres of oceanfront property in Arizona. Suitable for a marina.
May be a bit of embellishment, but I don’t see why it couldn’t be true. Sounds like the stash from a hoarder/stacker from the 1930’s.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
As soon as we find out the Saint's were 1921's, the story will be complete.
The tube thing would make me suspicious, maybe if it was old paper wrappers. A jeweler friend of mine used to buy rolls of DEs and melt them for jewelry work. He said he bought them from little old ladies who didn't want any paperwork.
Two tubes of St. Gaudens and both were 1933's
I would have to see them.
You would be surprise at what "little old ladies" have. We could have an entire thread of true stories that would blow your mind. Most of the stories I could tell were about women who either had coins handed down or their husband was the hoarder. One woman's husband (4 gem+ HR $20's) worked at the Treasury Dept. One woman walked into the shop with a roll of absolutely flawless and "skinned" 1928 Saints! LOL, dodo do do, dodo do do, dada da! The truth is out there.
DE= Double Eagle
What is a DE?
Besides Delaware I am unfamiliar with this term.
Then I used google.
Learning new things daily.
http://www.pcgs.com/SetRegistry/publishedset.aspx?s=142753
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
The correct question is: Was the little old lady real? Ear-buds? Nope. Green hair? Nope. Wide-heal flats? Maybe.
There remain lots of small groups of US gold coins sitting about in unexpected places. Most apocryphal stories have a foundation in truth....somewhere.
Mint bags? As in $1000 bags? Plural?
That’s a lot of weight for a “little old lady!”
I believe it because:
I live in a part of the country where there are older folks and they did stash stuff. That is how I've eventually ended up with hoards of large sized paper money, and gold coins.
why not gold was $32 dollars an ounce once remember.................
I will remind you that the dealer did see the gold coins in question. Described taking the gold ones out individually and laying them out on his table carefully with gloves. That's 60 double eagles(DE)! He didn't take the silver coins out of the bags but just put them on the scale to weigh them as silver. I don't have much reason to doubt him, but it just blew me away!
What a sight to see!
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If she had blue hair then you know it's true.
Interesting but is there a next chapter? Was the dealer able to impress that she should consider submitting for an appraisal in anticipation of a sale? Peace Roy
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There are always those who doubt these stories,....and, certainly, there are many fabricated tales. That being said, there are also many, many real cases of collected treasures that only come to light after a death or late term financial need... Doubters will always doubt... meanwhile, treasures exist and do come to light. Cheers, RickO
Many 'sell gold here' places offer 10-20% of value ... what did your friend say the $20 gold pieces were worth?
I believe it's possible. The saddest thing is when the family has died out and the hoard is discovered and everyone except the owners gets to benefit from it.
"A dog breaks your heart only one time and that is when they pass on". Unknown
I would be more worried about the federal police storming your home looking for their stolen gold coins.
For silver coins you are referring to people born from 1935 or later to about 1950. For gold you have to go back a generation to about 1890 to 1910 and to a much thinner economic base capable of holding the coins, so present "little old ladies" are holding gold saved by great grandparents.
The USA does not have "Federal Police."
It's all believable except mint bags of quarters will be dated 1942 or later. Walkers will be '41 or later.
There're still a lot of raw coins out there but nobody is going to come up with scarce dates of classics in quantity any longer.
I don't know. This sounds as plausible to me as someone finding 1200 gold coins buried in some rusty old cans.
The total weight of the coins described is about 45 pounds of "dead weight".
If you are familiar with the gym then you know that is the same weight as the largest "free weight" disk. If you ever lugged one of those up to the barbell then you know how heavy that can be.
I would not mess with that "Old Lady" if I were you
Father - in - law becomes executor of great aunt Margaret’s estate per her request. Aunt Margaret was a distant relative who he kept in touch with over many years. She was a woman of modest means and lived in a trailer park in Hemmet California complete with painted green lawn. Any family trip in the region called for a diversion to visit aunt Margaret. He knew little about her other than she retired as a bank teller. Her fiirst husband died and she had many boyfriends over the years. One day he gets the call she has passed. After a little work as executor he discovers aunt Margaret was a millionaire owning a farm in Kansas, and count them - 8 safety deposit boxes. Besides numerous generic forms of jewelry she had several engagement ring sets no doubt given to her by widowed boy friends. And a couple of rolls of saint gaudens 20 dollar gold pieces. I believe there are numerous aunt Margaret’s still out there.
WS
"...he discovers aunt Margaret was a millionaire owning a farm in Kansas," but the farm was blown to the Land of Oz where the barn landed on a 14 year old girl wearing red shoes.
Or 1927-D or 1933.
It's plausible, but many coin dealers and pawn dealers do tend to exaggerate.
Who would have thought another 1854-S gold $5 would turn up?
Because that's not sketchy at all... How many of these little old ladies were thieves or conspirators in home invasions?
@cameonut2011 do these stories further support your conjecture that there is a lot of gold out there that will suppress numismatic gold values? Old ladies hoards combined with European imports?
Possible. But I need see it with my own eyes.
100% Positive BST transactions
You just wait until someone brings in a roll of 27-D Saints...
But seriously hoards have cause the value for some issues to fall like the 1909/8 Saints.
John bought a home in 1962. He lived there for almost 40 years, he was married and raised a few kids. Much like all of us he had a funny little dislike or pet peeve. John hated pennies! When John finally passed the family went in to clean & remodel the home for sale. There was a cut or slit in the sheetrock right next to the phone on the wall. No one thought much of it, there were other nail holes and minor damage that would be just normal wear & tear. They needed to redo the kitchen floor, to do this you need to remove the base boards. When the base board was removed below the phone several pennies started falling out. Someone put 2 & 2 together and figured out the cut in the sheetrock was a coin slot. They opened up the wall around the coin slot and could see the wall was full of pennies. The wall studs were 16 inches apart and it was full up to about 5 feet high. The sheetrock had to be removed. There were no nickels, dimes or quarters, just pennies. All were preserved well within the wall and looked the same as the day he received them in change. Every day for 40 years when the phone would ring he would answer it and deposit his pennies in the wall.
A $1,000 bag of BU silver weighs 25 kilos or about 55 pounds, so the “mint bags” part of the story is implausible.
I don't know if the bags were full or not. Either way, I still think its fun to sit an imagine this sweet ol' granny with her mini hoard of coins!
Sorry but it’s a true story. The farm was given to the folks who had been leasing the place for over 25 years as no one wanted to become farmers in Kansas. Most of the Saints were 1924 and I was given 5 which graded MS 62 and sold. The jewelry was divided up and still remains in the family. The cash also remained in the in laws estate. About half a roll of saints remain and are given out on family birthdays. The last given about 5 years ago when a niece had her 21st..
I have seen alot of hoards in my estate and craigslist haunts.
Damn near believe anyone can hoard anything... cats, albums, nascar, cards
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Ever hear of this guy? Lived with his mother till she died and then he passed leaving about $7 million in gold behind with no instructions, will or immediate family. State of NV finally found a niece who ended up inheriting it.
I guess that’s why some have shops.
Might as well make it believable and say 6 mint bags. Granny was carrying 330 pounds of silver. She "pulled out" the tubes of gold, but she had to shuffle the mint bags around in her wheelbarrow first.
The only thing I am believing here is the "Fun to Imagine" part.
If a woman with the Parmalee 1793 Strawberry Leaf Cent can walk into a jewelry / collectibles store in auburn Maine in 2004 having pulled the coin from a safe deposit box where it sat since 1941 than this is possible.
What is this THBBFT means?
Bill the cat from the Bloom County comic strip...it’s how he talked, someone says something and instead of commenting , you get a thbbbbbbfffftttttt