Mohawk Valley Coins
Herb_T
Posts: 1,754 ✭✭✭✭✭
Anyone know where there might be some available for purchase? Please PM with details. Thank you in advance,
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Herb_T
Posts: 1,754 ✭✭✭✭✭
Comments
There is a coin club by that name, but not sure what type of coin that would be Herb?
I bought a few high grade examples from eBay about 17-18 years ago. They were nice but I sold them, b/c I didn't like the 'hallmark' (euphemism for the identifying post mint damage on the top of the obverse). Haven't seen them offered since.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
They were primarily Capped Bust Halves of all different dates.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
There were also a few Reales and several 25c capped bust and 50c Draped Bust .
Yep I clearly remember seeing the bust quarters, raw and slabbed with the Mohawk designation.
I bought two 1825 "L" counterstamp Bust quarters from a NH dealers years ago, you always wonder where they were all those years?
At least on the 50c versions I have there were no L’s, here are the hallmarks on the coins I have….
@Herb_T Really nice coins.
I had an 1817 & an 1819 Capped Bust 50c and the hallmarks looked like the hallmark on your 1809 (last image).
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Related threads from 2007:
https://forums.collectors.com/discussion/607175/bust-halves-mohawk-valley-hoard
https://forums.collectors.com/discussion/561604/mohawk-valley-hoard-every-detectorists-dream-or-nightmare
and March 2022
https://forums.collectors.com/discussion/1072645/how-to-screw-up-4-nice-coins
The Mohawk Valley boat sailed 10 years ago. I know from experience that these were snapped up by early US coin enthusiasts and are being held with Kung Fu grips. But I think that this is one of the greatest hoards ever discovered.
About a dozen or so came up in the last 3 months. Herb's are from that group, I am pretty sure.
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
@pursuitofliberty I did not see those show up. Good to know. How are the prices these days? I haven't seen or heard of one for years.
@numisma The prices seemed rather strong from my perspective. I want to say the 15/2 sold for +/- 5,200 with the juice. I think most of the ones I saw went through Heritage, and maybe weren't as strong, but the early dates seemed to get decent money
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
The Long Island Collection had a lot of examples. Hopefully there are more to follow and you can pick one up. Im sure one or two will likely hit the secondary market soon. Surprisingly cheap. I managed to snag this one:
They are a tough sell with the 'hallmark'.
Many a dealer turned his nose up at or tried to lowball me, when I went to sell mine.
I was finally able to find someone who appreciated the history of them.
Sold mine 10+ years ago.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I was glad to buy 10 of them. I bought one 1807 Draped Bust 105a that I have for sale on the BST forum. When I bought it I remember thinking uh oh, this is going to be an expensive proposition. Turns out, I bought it by mistake thinking it was a Capped Bust 50c. Hence why I am selling that one. Doesn’t fit with what I am focusing on.
Now the remaining 9 coins I felt I got a real good deal on…
1808 O-108, $408
1809 O-109a, $576
1813 O-110, $720
1818/7 O-101, $660
1826, O-102, $159
1827, O-106, $288
1834, O-106, $204
1834, O-107, $192
1835, O-106, $240
The values above include buyers premium. All of them are slabbed by NCS, a TPG owned by the same company that owns NGC. They were graded GENUINE Mohawk Valley Hoard with no numerical grade applied. Some of them look incredible. The 1807 Draped Bust is one of the coins that I am amazed at every time I hold it.
I felt these coins were a part of numismatic history and since they were CBH I thought that they had a spot in my collection. The last 5 above went for really cheap and I felt fortunate. Someday these will either be kept by someone in my family or they will come to the market for the next person to safeguard them.
The hallmark is what really separates them from other coins. Without the hallmarks they are just another coin IMO.
Makes me wonder given the different hallmarks if they were marked at different times and buried or were they marked by different owners that wanted collectively to see what might turn up. Over time did they forget about them or forgot where they were buried. Lots of unanswered questions!
Found one more…
1809, O-103, $576
The 10 coins have what I believe is 6 different hallmarks.
My two 1834’s and the 1835 share a very similar hallmark as the 25c above.
Shortly after the hoard was publicized, one of the regulars at our monthly show in Florida had several of the large size bust quarters at his table. They were high Vf/Xf, and priced around 40% back of Bid. Was really tempted as the coins were sharp and original, but decided I really don’t want damaged coins, even if historic. The dealer then said “would you like to hear my bottom line price?”. I’m guessing it was going to be a substantial additional discount, but politely said no thanks.
Not long after at FUN, a dealer had a case full of the ones that had been slabbed, like those shown in this thread, and they were priced substantially higher.
I can imagine that back then no one wanted coins with “damage hallmarks” on them. Who knew that someday they might be worth much more with a little history to back them up. I didn’t know until I asked here about who would damage coins like this….then the history was explained and I had a completely different perspective of them.
I consider them to be "test marks" to verify the coins aren't silver plated base metal counterfeits. It's post mintage damage. The use of the term "hallmark" is hype since it sounds better than "damage".
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I always considered these to be damaged coins. Intentional alteration of the coin surface. OK, I understand that for some collectors, add a little bit of a story and voila', someone will want it and pay a premium. Fine... Just not for me. Cheers, RickO
I have a few coins with gouges or other damage. From now on, I'm calling them Hallmarks.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire