So Called Dollar Mini-Hoard

orie

Back in February Keets listed a group of So Called Dollars from a mini-hoard on the BST boards.

I want to thank Keets and to let the board members who purchased the dollars know how conservative the grades were. There was a thread earlier where at least five members admitted buying some.

We hear nonstop about how almost everyone over-grades their coins.

First is the SCD description, second is where Keets put the grade and third is NGC’s opinion.

HK-121 WY Battle & Massacre, AU50-53, NGC MS61

HK-420 Four Portraits, AU58, NGC MS62

HK588 Pony Express Termination, MS64, NGC MS67

Also had these;

HK24 Liberty Bell, NGC MS63

HK238 Columbus Statue , NGC MS63

Five for five, very happy.


click on Gallery

MrSpud

Cool Hoard!

keets

i don't know whether i should be happy or embarrassed!!

to be sure, i only wanted to give a grade estimate which i thought was accurate without being overly "hopeful" for the sake of a sale. you might recall that when the "Hoard" thread was running i posted another thread which had to do with die wiping and die polish, maybe the same to some but different to me within this collecting niche and sometimes tough to discern. more importantly, though, i tried to touch on the fact that with different alloys and small mintages by private enterprises, there are so many variables that it can be difficult to know exactly what a fullly struck item looks like. NGC seems to have the best approach to this problem; they have one individual who grades/attributes all the SC$'s. he's certainly seem more examples of each issue and is better able to grade than almost all of us.

USAROK

I also bought some So-called Dollars from the mini-hoard. Keets is a great guy to deal with and also a super contributer to the boards! My results with the three So-called Dollars I bought from Al are:

- HK-454/U.S. Sesquicentenneial Exposition, 1926. Nickel - keets MS63 NGC MS63

- HK-542/Rush to the Rockies, 1959. Silver - keets MS65 NGC MS66

- HK-582/Pony Express Centennial, 1960. Silver - keets MS65 NGC MS66

Additionally, Al added an HK-452 in case I didn't like the HK-454 due to a planchet flaw that I inquired about before buying the medal. He said to return the HK-454 for a full refund if I didn't like it and keep the HK-452 or if I liked the HK-454 to keep them both. So once again I would like to say thanks Al! In case you're wondering about the grade:

- HK-452/U.S. Sesquicentenneial Exposition, 1926. Bronze - NGC MS63RB

Edited to add RB to the HK-452 grade

tmot99

I'm not sure I should post my grade on the one that I bought. Keets might not offer any more coins to me! Thanks, Al!

HK-142: 1885-86 World's Industrial and Cotton Exposition-----White Metal. Graded PR62UCAM. - only proof graded at NGC on this one.

66Tbird

I was a little late in the viewing of that BST thread, and therefore missed out on a few that really caught my eye. I did however purchase a couple of the HK-852 items and in the process learned a lot about the series. (Tmot99 helped a tremendous amount also). Since then I have made a small hoard of the 85x series which will soon be graded. Still have yet to run across another 852 that looked as good as the ones Keets offered. For me it was a great start in a neat field.

fc

so did everyone buy these coins and immediately get them slabbed
by NGC? I dont understand the need for such coins to be slabbed
and the feeling that NGC has vindicated the grading of them is silly.
Has any of these so called dollars ever been counterfieted and one
should pay to get it verified as real?

NGC is known for over grading almost everything they get their hands on. (how u like them apples?)

knock off a point or two, which i expect to be added by NGC to
keep submissions coming, and you have the accurate grade
that was given raw.

Fletcher

PCGS needs to get on the ball and start grading SCDs.

jonathanb

FWIW, I more agree with keets on the HK-121 than with NGC. I think that it was "generous" to call that a 61.
I don't know that I'd be real happy calling that HK-24 a 63, either.

USAROK (or keets), do you have a pic of the HK-452? I think I snagged one of those on eBay yesterday, and I'm surprised to see how many are listed in the NGC pop report. I wonder if some of these are really HK-451, mislabeled. HK-452 was struck from a high-relief die, unlike all of the others in this series (451/453/454). The one I snagged yesterday was unattributed, and would be the first HK-452 that I've seen on eBay, while I've seen lots of the others.



<< <i>so did everyone buy these coins and immediately get them slabbed by NGC? >>


I bought 4 (only one SCD, the rest mint medals), and I have no plans to send them to NGC. Most of my collection is raw. I slab high-grede pieces that I plan to sell, and a few very-high-grade pieces that I'm too nervous to handle unslabbed, but otherwise I'd rather save my cash for more goodies

tmot99

<< <i>NGC is known for over grading almost everything they get their hands on. >>



Actually, I think NGC has been a little tight on grades for medals in the past couple of months. I also am not sure I agree with your comment on all US coins. PCGS has plenty of material that I wouldn't even think belongs in a slab.

As for why I get them slabbed is they tend to bring much higher value when it comes time to resell (almost 2-3X in many cases). Here's an example. HK-222. Raw you can usually pick them up for anywhere from $100-$500. Put it in a slab that is anywhere from 62 on up and the price goes to $500-$1500. I put a lot of my exonumia in slabs because it's easier to store, not likely to get rubbed against anything, scratched, or damaged by anything, and I can hand it to my kids and let them study it. I also let them handle many raw pieces, but they are usually circulated pieces.