Interesting offer via email for those interested in CC's not offered in the original GSA sale
DUIGUY
Posts: 7,252 ✭✭✭
I have nothing to do with this money wise , just thought it was interesting !
I’ve been trying to reach you for ages. Chris, our buyer, got a call from another dealer about a week ago offering us something unique.
Apparently a bag of 1890-CC Morgans from the government hoard that was never processed in the initial public offering in the 70’s was
Recovered and 500 of the coins were sent to PCGS for grading. 325 came back MS62 and the rest 63’s, 64’s and 65’s. He kept the
Better grades and offered us the 325 62’s which we bought. PCGS authenticated this find by putting a special label on these that say
“Carson City Collection”. As you know, the 1890-CC GSA’s sell for about $2,000 now. These coins are in PCGS slabs and we are selling
Them off at $650 each. Several clients bought a PCGS box of 20 coins at $12,500. These are authenticated as coins from the GSA
Hoard but are not in the GSA holders as that packaging will never be duplicated. Try to call me because this is a unique deal and we
Are the only ones with it.
I’ve been trying to reach you for ages. Chris, our buyer, got a call from another dealer about a week ago offering us something unique.
Apparently a bag of 1890-CC Morgans from the government hoard that was never processed in the initial public offering in the 70’s was
Recovered and 500 of the coins were sent to PCGS for grading. 325 came back MS62 and the rest 63’s, 64’s and 65’s. He kept the
Better grades and offered us the 325 62’s which we bought. PCGS authenticated this find by putting a special label on these that say
“Carson City Collection”. As you know, the 1890-CC GSA’s sell for about $2,000 now. These coins are in PCGS slabs and we are selling
Them off at $650 each. Several clients bought a PCGS box of 20 coins at $12,500. These are authenticated as coins from the GSA
Hoard but are not in the GSA holders as that packaging will never be duplicated. Try to call me because this is a unique deal and we
Are the only ones with it.
“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."
- Marcus Tullius Cicero, 106-43 BC
- Marcus Tullius Cicero, 106-43 BC
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Comments
Recovered ..."
I wonder what "recovered" means?
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>$2000 each? please show me somewhere that supports that price. >>
He is asking $650,,,,,, or 20 for $12,500 ,,,,,,,,,, even at this price I agree with you !!
- Marcus Tullius Cicero, 106-43 BC
<< <i>
<< <i>$2000 each? please show me somewhere that supports that price. >>
He is asking $650,,,,,, or 20 for $12,500 ,,,,,,,,,, even at this price I agree with you !! >>
this is what I am talking about...............
<< <i>As you know, the 1890-CC GSA’s sell for about $2,000 now >>
PCGS, ANACS, & NGC Certified Coins on My Website.
Their prices for the 63's & 64's are below
Carson City 1890 MS-63:
$1,575 per coin
Carson City 1890 MS-64:
$3,575 per coin
"You Suck Award" - February, 2015
Discoverer of 1919 Mercury Dime DDO - FS-101
Half will say, hmm, gotta be true, it's on the internet and everything. I'm goona be rich!
And half will say, why didn't I think of that?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>Not sure if this is the official website, but a google led me here. Carson City Collection
Their prices for the 63's & 64's are below
Carson City 1890 MS-63:
$1,575 per coin
Carson City 1890 MS-64:
$3,575 per coin >>
Nope ,,,, not the correct site .
- Marcus Tullius Cicero, 106-43 BC
<< <i>Not sure if this is the official website, but a google led me here. Carson City Collection
Their prices for the 63's & 64's are below
Carson City 1890 MS-63:
$1,575 per coin
Carson City 1890 MS-64:
$3,575 per coin >>
we are talking about ms62's.
here is the part in the original post about ms62's
<< <i>Better grades and offered us the 325 62’s which we bought. PCGS authenticated this find by putting a special label on these that say >>
<< <i>“Carson City Collection”. As you know, the 1890-CC GSA’s sell for about $2,000 now. >>
to me you or someone is saying the ms62's are selling for $2000
<< <i>$2000 each? please show me somewhere that supports that price. >>
Covina Coin is offering $1600 to buy 1890-CCs IN GSA HOLDERS in last week's Coin World, so a selling price of $2000 seems reasonable.
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>I call BS on the story. Every bag of silver dollars in existence originated from the government “hoard.” >>
I concur. The price isn't that great either. Sounds like someone trying to unload extra coins with a nice story.
Here are links to several recent 1890 CC's on Teletrade.
$525 PCGS
$550 PCGS
$450 (ICG)
$550 NCG 62 PL
Sounds like a scam to me.
Meanwhile I am perfectly happy with the one 1883CC and one 1884CC that I purchased from the last GSA sale in 1980. Both are nice and the packaging is just pristine because they have been sitting in my safe deposit box for the last 26 years!!
<< <i>I have nothing to do with this money wise , just thought it was interesting ! PM if you would like to talk to the owner.
I’ve been trying to reach you for ages. Chris, our buyer, got a call from another dealer about a week ago offering us something unique. >>
Oh great. Another friend of a friend of a friend deal. The G.S.A. is and always has been held to a higher degree of accountability as a government agency. Does anyone here really believe that the G.S.A. could have possibly missed a complete bag of dollars under any circumstance? Furthermore, does anyone here really believe that even if the bag was missed in the 1970's accounting of the Treasury hoard, that it could have gone unnoticed for another 35 years and then mysteriously end up in a dealer's hands?
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>This should be interesting. Half will say, get outta here with that weak stuff, we're not a bunch of local yokels around here.
Half will say, hmm, gotta be true, it's on the internet and everything. I'm goona be rich!
And half will say, why didn't I think of that? >>
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
Will’sProoflikes
<< <i>
<< <i>This should be interesting. Half will say, get outta here with that weak stuff, we're not a bunch of local yokels around here.
Half will say, hmm, gotta be true, it's on the internet and everything. I'm goona be rich!
And half will say, why didn't I think of that? >>
It was a takeoff of a Yogi Berra riff.
Anyway, I don't see anyone thanking the author for passing on the email. Where are your manners?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>Apparently a bag of 1890-CC Morgans from the government hoard that was never processed in the initial public offering in the 70’s was
Recovered and 500 of the coins were sent to PCGS for grading. >>
Translation: We bought 500 coins from a guy who got a bag of 1890-CC dollars back in the early 60's during the silver dollar run on the Treasury. (They were acquired in the early 60's so they were "never processed in the intial public offering in the 70's"
<< <i>PCGS authenticated this find by putting a special label on these that say
“Carson City Collection” >>
Translation: We paid PCGS a bundle and they are putting a special label on the slabs that has a catchy name on it that we ordered. (Notice it says Carson City Collection, it says NOTHING about the GSA.)