PRESS RELEASE: Jade Coin Acquires Major Large Cent Collection

jadecoin · July 27, 2003 5:49AM

Ladies and gentlemen of the forum, we are pleased to announce that Jade Rare Coin has just completed the purchase of a major collection of early copper cents known as "The Holey Hoard". Terms of the sale were "cash up front". The sales price of the collection is being withheld until further notice at the request of the seller, who operates a booth at the local flea market on the 3rd Sunday of every month.

The collection of holed large cents, 19 pieces in all, contains some highly sought after dates. The highlight of the collection is an 1844 with a hole at 5:00. To give you some perspective of it's true rarity, the 1844 is the only late date holed large cent missing from the landmark Lord Marcovan Collection. In fact, agents of Jade Rare Coin are in the process of contacting Lord Marcovan representatives to discuss the possibility of a sale of the 1844 by private treaty.

Please, we ask all forum members to refrain from telephone inquiries regarding the purchase of these rare coins. The collection will be on display the Baltimore ANA show next week. The display will be adjacent to the display of 1913 nickels and will be protected by 24 hour armed security guards, laser beam perimiter fields, surveillance cameras, guard dogs and Czechoslovakian attack ferrets.

cherrypickincoin · July 27, 2003 5:51AM

Now that was funny...

Louis · July 27, 2003 5:52AM

Holey chit Batman.

kieferscoins · July 27, 2003 5:54AM

That is great. I love it. Displaying at a major show is a good idea and sure to attract alot of attention to your table. You going to have armed guards standing by?

Cameron Kiefer

SportsModerator · July 27, 2003 5:55AM

The Attack ferrets are sufficient protection.

TWQG · July 27, 2003 5:55AM

Love it

1jester · July 27, 2003 5:59AM

No doubt, meLord will be pleased to enter into negotions with you for the coveted rarities!

MadMarty · July 27, 2003 6:13AM

Quick call Lord M. he may need these for his vest!

jbsteven · July 27, 2003 6:24AM

I am glad someone did just what you did. I know where the idea came from and I was going to do the same thing with the 2 toned Morgans I bought this week but I thought that someone would yell at me while on the bourse(a la Chicago show).

shirohniichan · July 27, 2003 6:26AM

Where's LordMarcovan?

stman · July 27, 2003 6:28AM

Close enough, how about "FOR IMMEDIATE RELEASE"!!!!! I think that's the way it usually goes.

kyleknap · July 27, 2003 6:29AM

lmao!

sinin1 · July 27, 2003 6:30AM

did it take a few months of negotiation, or did you agree to the value and set the price at the buyers original asking price? (even though it may have been 50% to 150% higher than any publicized price)

FatMan · July 27, 2003 6:36AM

ROTFLMAO

tjkillian · July 27, 2003 6:37AM

Can we get some more information on the pedigree? These do look like original coins that were once owned by Walter Breen, before the "procured" better examples

Congratulations on the acquisition!

Tom

RYK · July 27, 2003 7:05AM

Brilliant!

Now, I thought I recognized the piece in the front row middle? Is that from the Elianorpittbass collection?

DCAMFranklin · July 27, 2003 7:18AM

<< . In fact, agents of Jade Rare Coin are in the process of contacting Lord Marcovan representatives to discuss the possibility of a sale >>

Hopefully, that will be a discrete, private placement of the coin, as we don't want any pimpin' or whoring of coins going on here.

LMAO. Kind of like our own satirical Saturday Night Live skit, right here on the Forum.

GaCoinGuy · July 27, 2003 7:25AM

You didn't put enough hype into the story. Also, you need to gloat over how much you paid for it and how much you are going to gouge the next buyer for.

jbsteven · July 27, 2003 7:28AM

and how much you are going to spend at the ANA

ursabear · July 27, 2003 7:31AM

Giggle

LM, Where are you?

fcloud · July 27, 2003 7:33AM

goose3 · July 27, 2003 7:56AM

I love a good bit o comedy mixed in with a dash o sarcasm

barberlover · July 27, 2003 7:56AM

I'll trade you, my 66 f/s jefferson war nickle, but I want some cash thrown in the deal !!!

CarlWohlforth · July 27, 2003 8:04AM

Nice set!

TAP444 · July 27, 2003 10:03AM

TOO FUNNY
THANKS FOR THE LAUGH

numobri · July 27, 2003 1:49PM

I can't believe THE LORD MARCOVAN sold out,tis a DARK day,amen.

joejeweler · July 27, 2003 3:02PM

I trust....oh ye Jadecoin......that such a prestiegous procurement will not leave you lacking in funds for active participation at Baltimore! It would be a real shame were you to lump your eggs all into one basket......and not allow for lesser coins for which you may never see the like of again!

Then again.......are there even lesser coins?

dorkkarl · July 27, 2003 8:24PM

it's obviously what's know as a chrono-holistic type set. the hole in each coin is supposed to represent a specific time, w/ a hole in the middle for the clock face. ie. from left to right top to bottom, you have 5 of the 13 coins, 1:00, the centerpiece, 5:00, 11:00 & 4:00.

these sets are extremely rare! (in fact, you may have the only known partial set). inclusion in a brand-new pcgs & ngc registry category is expected to be annoucned very soon.

K S

MadMarty · July 27, 2003 8:28PM

I'm sure it will be on display at Countryside surronded by AK-47 toting armed guards! Can't wait to see them in person!

ER · July 27, 2003 8:37PM

<< Brilliant!

Now, I thought I recognized the piece in the front row middle? Is that from the Elianorpittbass collection? >>

Actually, to be accurate, it 's from the Lee Elianorpittbass collection.

Thanks, Jade, for sharing your incredible acquisition with us.

Let me guess, $5,000,000.00?

zenny · July 27, 2003 8:40PM

aw shucks, now I guess I have to go to Baltimore...

DHeath · July 27, 2003 9:14PM

If only they were chop marks.

It would be real fun to send them to ANACS on a 10/10 deal for the "Holier than thou" pedigree. LOL

ccr · July 27, 2003 11:04PM

Hahahahaha.

Lord Marcovan would love to have a look to see if one fits into his coin chain plate.

BASEagle · July 28, 2003 3:15AM

Some people are saying that the market for this type of material has peaked. How can you justify spending so much at this time?

And another thing: if this material is so great, why didn't you spend even more?

Mike

jadecoin · July 28, 2003 3:34AM

IMPORTANT UPDATE

We regret to inform the ladies and gentlemen of this forum that the ANA exhibit of the Holey Hoard has been cancelled due to the unfortunate loss of our lead Czechoslovakian attack ferret. We are told that the ferret inadvertently crossed one of the laser beam perimeter fields this morning and took heavy fire from the armed guards. With the absence of our lead attack ferret, we fear that security will be too inadequate to continue with the display. However, we are told by ANA officials that the display of 1913 nickels will continue as planned.

For those of you who inquired about the original terms of the acquisition, it was as follows: (2) $20 bills, (1) $10 bill and (4) $1 bills.

Russ · July 28, 2003 3:39AM

<< For those of you who inquired about the original terms of the acquisition, it was as follows: (2) $20 bills, (1) $10 bill and (4) $1 bills. >>

Now, since the market is so hot, you'll probably sell the set for (4) $20 bills, (2) $10 bills and (8) $1 bills. Wouldn't it have been better if you'd taken it on consignment, rather than screw the seller out of so much money?

Russ, NCNE

dorkkarl · July 28, 2003 3:44AM

hey russ, you screwed the poor old guy at the flea-market when you ripped him w/ that super-duper toned morgan. you should have taken it on consignment & made sure he got fair $!

K S

Russ · July 28, 2003 3:53AM

Karl,

Not the same situation. The guy I bought the Morgan from is an experienced sophisticated dealer, possessed of vast numismatic knowledge. I'm just an ignorant newbie who knows nearly nothing about coins.

Russ, NCNE

dorkkarl · July 28, 2003 4:23AM

bwuahahahahahahahahaha!!!

K S

Tonekiller · July 28, 2003 4:30AM

bwuahahahahahahahahaha!!!

TBT

jbsteven · July 28, 2003 4:35AM

just when I thought this thread could not get any funnier!

Russ · July 28, 2003 4:37AM

<< just when I thought this thread could not get any funnier! >>

And, another experienced dealer who took advantage of my newbieness.

Russ, NCNE

ER · July 28, 2003 4:42AM

<< 

<< just when I thought this thread could not get any funnier! >>

And, another experienced dealer who took advantage of my newbieness.

Russ, NCNE >>

That 's why we call you SUCKER!

jbsteven · July 28, 2003 4:48AM

<< And, another experienced dealer who took advantage of my newbieness. >>

man your easy

sinin1 · July 28, 2003 5:31AM

jadecoin - have you considered sending them off for slabbing at ANACS or NCS?

or do these coins TRULY speak for themselves with their own uniqueness?

have some of them been spoken for, or are you going to keep them in your own best-of collection for a few years?

you obviously feel segments of the market are HOT, HOT, HOT to make such an acquisition at this time - keep us informed of your other major purchases

jadecoin · July 29, 2003 11:46PM

These coins can be made available for best offer. In fact, if you buy all five, we'll throw in a free spool of twine!

UncleJoe · July 29, 2003 11:58PM

I offer: (2) $20. bills, (2, yes 2) $10. bills, (4) $1. bills AND (4) Buffalo Nickels (dates of my choosing)

Let me know when you want to complete the transaction.

Joe.

billboat · July 30, 2003 3:02AM

But wait!! There's more!! I have it on good authority that here were originally 20 holed cents in the Holey Hoard. My source is a reknowned Far Eastern fabricator of semi-genuine 1804 Bust dollars, almost authentic 1878-CC Trade dollars and other sought after numismatic rarities. So, I suggest that you contact Bowers and Merena which will jump at the chance to offer a bazillion dollar reward for the opportunity to reunite the lost Holey Cent with the others. I predict that this holey relic will be found at the next major convention.

lordmarcovan · August 3, 2003 9:21AM

Geez. How did I ever miss this thread?

And where does one find a replacement for one of the Czechoslovakian Attack Ferrets? I suppose you'll have to settle for plain old Austrian Aardvarks, or somethin'.

I still lack the 1844. I had two, but my dad likes 1844 coins. So I gave them to him, for his keychain, thinking they'd be easy to replace. Wrong! I'm still 1844-less.

keets · February 23, 2004 11:00PM

TTT for some fun reading and another shot for Lord M!!!

al h.

mgoodm3 · February 23, 2004 11:59PM

Sweet collection. Goin' to Sotheby's with it?

PRESS RELEASE: Jade Coin Acquires Major Large Cent Collection

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