Tell us your stories of looking through a coin "hoard", "accumulation" or.......
SanctionII
Posts: 12,245 ✭✭✭✭✭
.........."collection". It could be a group of coins passed down to you from a deceased family member, a group of coins in the possession of another person who lets you inspect them, a bulk purchase you made or a treasure trove you found.
Details, details, give us details. I am interested in hearing these types of stories since I have minimal motivation to work this afternoon.
Details, details, give us details. I am interested in hearing these types of stories since I have minimal motivation to work this afternoon.
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The man had a lot of nothing: later date wheat cents (with eraser marks on the date so they were easier to read), lots of state quarters, some buttons, and about thirty nickels pulled from circulation. These were the treasures his wife had put away during a couple years before she passed away. He also had two modern, slabbed US gold bullion coins. It was a worthwhile trip because I learned about the way he got the gold and was able to steer him clear of it in the future. Seems some outfit out of Austin, TX passing itself as a pseudo-government agency preyed on him with the usual sales pitch to sell him this slabbed bullion at two to three times its value. As upset as the gentleman was that he had been ripped off, he did have some solace in knowing that he wouldn't make that mistake again. I was glad to have helped him, but sure wish he had some coins that were close to his age.
I'm slowly taking pictures, so I can sell them. I have four children...they're only interested in the bill collection.
My neighbor and best friend had a great collection, she went away for the weekend and someone totally cleaned out her house. She started helping me, and I'm giving her US coins to rebuild her collection. I need to start selling the rest before someone decides to "clean" my house.
I'd guess we went thru several dozen bags over the years.
As you go through things, post threads giving updates on what you come across. That way we can all get a vicarious thrill from you.
Another time a co-worker asked me to go over to his house and go through his father's coins. He didn't have much, about 50 silver dollars, a bunch of dateless Buffalo nickels, a handful of IHCs and some junk silver. What I was really looking forward to was the 25-30 rolls of old Lincolns because they were marked on the wrappers "1909-1919", "1920-1929", etc. But he had taped all the rolls shut with tons of cellophane tape and there was no way to unroll them without destroying the wrappers. He wouldn't let me open them since he didn't have any spare cent wrappers to re-roll them with.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
I've accumulated a fair amount of coins through buying small to medium "hoards"... I have probably 100-120 rolls of VF-AU pre 21 Morgans, 1921 Morgans and Peace dollards yet to be cherrypicked... A few rolls of BU's that on a cursory exam have a lot of VAMS... One hoard was a old glass Sparkletts bottle full of silver - still sitting (now in bags) til I have time to go through it. I figure I'll have a busy retirement. Best I ever felt was writing an old fellow an $900 check for smoe odds and ends, he almost cried 'cause he was sure it was only worth $150 or so - that's what his son-in-law told him...
Just scheduled a flight to North Carolina to visit my aunt... My uncle passed away about 10 years ago and she wants smoe help going through the safe deposit box (he was a vest pocket dealer). She also has a substantial US stamp collection going back to the beginning... I guess I'll have to run over to the stamp forum and find out who can be trusted - I was just going to lick 'em and post my Christmas cards with them come December
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
I have found quite a few "key dates" in respectable condition...he only had one of each in his collection at the bank that was stolen...the best strike...the others he put in rolls...my hoard.
He also collected stamps...first day of issue stuff.....stamps don't seem to be too popu;larlots of stamps to go through....generations of military memorabilia...that's why I chose "under construction" It's gonna take me awhile.
I've never bought or sold anything on E-bay, so from what I've read here I'll need to establish a positive reputation before anyone will buy from me, so I'll probably start with the millitary stuff to get some positive feedback.
Be patient...God isn't finished with me yet...
There were actually 43 rolls of Kennedy Half Dollars, which he had taken 3 rolls to show me, stating the other 40 rolls where in his bank's safe deposit box. But all the other silver was there. I offered him a price, he took it, and the day I came to pick it up, the other 40 rolls of Kennedy's were all 40% silver, and not the 90% silver like the 3 rolls he had shown me previously. So I had to reduce my price a lot, but still bought the collection.
I started searching the rolls that night. Every roll was labeled to the dates inside, such as a roll of quarters would have 1964-23, 1963-17, 1962-3, 1961-6 and 1960-1 on the outside of the paper roll, indicating the dates inside. After opening many rolls, I found the writing to be accurate and never off in a date. So I didn't even open the 40 rolls of 40% halves, besides 5 of them to verify the dates of the Kennedy's. However, what got me excited was one of the rolls of Washington's had 1932-3 on it, meaning there were 3 Washington Quarters with the date of 1932 on it. I opened that roll, thinking that I could get lucky and find a "D" or "S" on the reverse of one of those 1932's. But no luck. Everything was common dates throughout the collection. But it was fun searching.
Oh, there were 40 Morgan and Peace Dollars, most were Morgans from 1921. I did see some die cracks on a few, which I need to photograph and check out. However, they are all F-12's to XF-40 in grade; so nothing special.
part of submission # 3302899
also part of submission # 3302899 and part of 1000th post giveaway
and submission # 3302932, still waiting on results. 1937 DDO Washington
Some of my most recent finds after having purchased a hoard of about 6000 coins. Lots of junk, too
ya just never know what is hiding in a pile of "junk" coins.
I received a phone call from someone who had several $500s to sell. Nothing really rare, all Chicago FRNs Series 1934s and 1934As. I drove his house to inspect the notes and make an offer. My offer exceeded any of the “brick and mortar” coin dealers in the area.
I must have done something right, the next thing I knew he asked be to make an offer on a Series 1928 $5000 note in CU condition. My jaw must have hit the floor when I saw the note. Anyway, I was upfront with him and stated that this note would be best sold in an auction. (When sold at auction, we both did extremely well on this note!)
Then he asked me about silver dollars…
He told me I needed to help him get his silver dollars out. He had over 700 silver dollars in an old wooden wine case. I could not believe the variety of dates. Apparently the silver dollars were taken out of circulation in the 1940s, so several of the common dates (1921 Morgan, 1922 and 1923 Peace dollars) were not common in the hoard. There were several CC dollars, including two 1893-CC dollars in circulated condition. The best coin in the group was an 1893-S dollar in good. I sold all these dollars for him, and kept the 1893-S as a memento.
Oh, he was offered around $8 each for the silver dollars from the coin dealers. He did much better having me sell them for him.
Collector of US Small Size currency, Atlanta FRNs, and Georgia nationals since 1977. Researcher of small size US type - seeking serial number data for all FRN star notes, Series 1928 to 1934-D. Life member SPMC.
The cent board had a VF 1909 S VDB in the 1909 VDB hole. He was shocked. It was a $300 coin at the time.
He gave me all the boards for almost nothing.
A year or so later I put these sets on Ebay, less the 1909 S VDB and folks went crazy over just the boards.
I owe my friend a bit. I'll soon find a way to say thanks.
812 coins.
A roll of 1974-D quarters, a nice details but badly scratched across the Liberty 1839 "booby" head cent, an 1854 Arrows at date half and an 1878 7 tail feathers, second reverse.
Fun to look through though.
Well, I was not collecting much at that time, just a yearly proof set, but this search sent me flying full-on back into the hobby. By the time I was done, I had a complete gold type set except for a 10$ Indian, about 1/3 of a BU Morgan set and half a Peace Dollar and Franklin set. I might add, that this hoard had 20 uncirculated (MS 64 according to a couple I sent to (Anacs) $20 St Gaudens which my father-in-law hands out to very special friends on special occasions. While most of this stuff was common date, I think the “rarities where a 1875 – S $20 gold in XF-45, 1903 -0 Morgan MS 65, I might add it also gave me some coins for the type set including an 1875 s/s 20 cent piece and some nice Unc Buff nickels which a couple of 1938 are d/d varieties graded MS 65.
All in all, a nice hoard!
WS
Lincolns were nice F-XF through book 1 and 2 . . . and I looked first at the S-VDB hole. Good looking 1909-S, but no VDB. Many dates were in the wrong holes, some just laying in the folder. Started to go through the loose ones in the center of the folder and yup . . .another 1909-S. Flipped it over and bingo . . . even though it wasn't mine it was sort of like a circulation find. Ended up sending uit to ANACS for him . . . XF-40. Complete set rattling around there.
Franklins were circ, except for one folder (!!). The guy had punched a BU 1949-S into almost every hole. He had 4-5 circ sets, then this blue Whitman with virtually a full roll of 1949-S BU just sitting in the holes all askew. They are still there to this day . . . and the coach just lost in the semis. Boys team plays today in the semis.
Local shop (since out of business) had a guy come in and sell 5-6 rolls of wheats taped shut. Shop opens one or two, sees common wheaties, pays the guy 1.5 cents / coin for the rolls. They sat around (seems like a common story for most coin shops) for weeks on a desk . . then some kid busts them open. Complete set through the mid-50s with a lot of duplicates in the commons, but at least one of all keys (2 1914-Ds though). Circ stuff . . . generally low grade, but taped up and yellowed since apparently the 50s. Shop said they tried to find the guy (???) but to no avail (yeah, right).
I've also helped out (ANA Regional Coordinator) with a few other "hoards" from teachers and relatives . . . all really exciting early Memorials and clad "old" stuff from 1965-70 !!!!! Yuk. Hard to tell those they had spendable accumulations.
Drunner
Next was the paper money arranged with big stuff on the bottom and small on top. First was small ize silver certificates from 57 and the late 35 series. Nothing special and no stars. A couple of $2 and $5 Legal Tenders from 53 were next. Then there was a stack of about 20 Confederate notes. When I looked at them back in 1999, I knew they would fetch around $5-$25 each. I didn't look at the dates as I didn't know at the time that that there are some really rare Rebel notes out there. I'll get a chance to look at them again this summer. Next came an 1896 $1 Educational in fine but with some pinholes. I was pretty excited to see that. Next came the $2 Educational in VF and the last note was the $5 Educational in VF but with a couple of small pinholes and a 5 digit serial number. I couldn't contain myself. Evidently, his dad worked as a banker in the early 30's and that is how he got the gold dollar and the 3 large silver certificates.
I've had occasion to look over neighbor's accumulations. One was a whole bunch of modern proof and uncirc commems with most of the value coming in the gold coins. Another accumulation was found when my neighbor demo'd a home he owned. Evidently, the owner was of German decent and cashed all his checks in for silver coins during World War II. He passed away in 1944. The Walking Liberty halves in the 40's were all very nice MS and AU coins. None of the rest of the silver was anything special. Just about $1,000 face though.
Looking for Denmark 1874 20-Kroner. Please offer.
It was intriguing to see such a quantity of strictly original coins, with nothing more than honest circulation wear. The owner, once informed of their true worth, elected to sell the collection. The latest date in the group was 1857; the earliest was 1831. I purchased the group, and sold most of the coins, but I kept the following coins:
1831 V6 AU-58
1836 V4 F-12
1838 AU-58
1838 V6 EF-40
1845 F-15
1847 V4 AU-50
1851 V4 EF-45
1853 WA EF-40
1853-O WA V2 VF-35
1854 EF-40
All of these are very attractive coins, but made all the more intriguing by their history.
[Edited to say there were over 400 coins, not 600 coins.]
Obscurum per obscurius
Another friend of mine had a small box of coins that had nothing more valuable in it than a 1921-D Morgan in XF. With only one coin left in the box to appraise, he was sorely disappointed. The very last coin was a heavily tarnished Walking Half, which he tossed across the table, frustrated, exclaiming "what's this piece of junk worth?" It'a a good thing I caught his AU/Unc. 1918-D Walker before it rolled off the table.