Here's a 53-D five that is pre-Fairmont. PCGS 53 CAC
Brian, I believe this coin was formerly in your collection. I acquired it from DW in 2016?.
I don't hate the Fairmont look, it just that the name "Fairmont" is starting to have a negative response in the
market with the apparently never ending supply.
I believe @RYK owned that coin. I remember it but don’t recall owning it personally.
@sellitstore said:
Thirty to forty years ago, when I was more directly involved with several large auctioneers, numismatic and non >numismatic, I can remember hearing word of a huge hoard of gold in Venezuela. Some negotiations took place back >then but the coins didn't come north. I think that they finally have been sold. The excitement is fading and prices >are declining.
There was some posts here by someone with connections to Venezuela officials who was confident that Fairmont was largely of Venezuelan origins.
No proof, but plausible.
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I have heard that the origin is Argentina, not Venezuela. The bank that owned them was considering sending them all to the smelter, until someone suggested that they should consider the potential collector value. I have seen two Fairmont branch-mint Classic-Head $5 Half Eagles that have "wheel marks" on them from when a rubber wheel from a modern counting machine did a burn-out across the face.
@sellitstore said:
Thirty to forty years ago, when I was more directly involved with several large auctioneers, numismatic and non >numismatic, I can remember hearing word of a huge hoard of gold in Venezuela. Some negotiations took place back >then but the coins didn't come north. I think that they finally have been sold. The excitement is fading and prices >are declining.
There was some posts here by someone with connections to Venezuela officials who was confident that Fairmont was largely of Venezuelan origins.
No proof, but plausible.
Dirty gold? THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Comments
I believe @RYK owned that coin. I remember it but don’t recall owning it personally.
Latin American Collection
Shades of 1903-O dollars (sorta.) I've enjoyed this discussion -- and grateful that the only gold coins I have are strictly common dates!
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I have heard that the origin is Argentina, not Venezuela. The bank that owned them was considering sending them all to the smelter, until someone suggested that they should consider the potential collector value. I have seen two Fairmont branch-mint Classic-Head $5 Half Eagles that have "wheel marks" on them from when a rubber wheel from a modern counting machine did a burn-out across the face.
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Dirty gold?
THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Louisiana Purchase by the US from France. Seward’s Folly was the US purchasing Alaska from Russia.
Instances of Uncle Sam growing the geographical size of the USA by purchase and sale.