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What is the most unusual coin story you were personally involved in?
SanctionII
Posts: 11,772 ✭✭✭✭✭
For me the most unusual sprang from a legal dispute I handled. I posted about it a few years back.
In summary, a client of mine bought a property from a middle aged guy who looked like he drank too much. The guy took the money but refused to move on the close of escrow. My client hired me to evict the guy, which I did. However the guy failed to remove his personal property and my client had to place it in storage. Included in the personal property was a rather extensive collection of coins that the guy's deceased father had acquired from around the world. When my client discovered the coin collection, we took the collection and kept it separate from the other items in storage. I was able to look at the collection in detail. The guy ended up paying the moving and storage expenses to reclaim his personal property including the coin collection. However, during the time I had to look through the collection I found it had coins ranging from around 1830 to the 1980's, both world and US coins, both circulated and MS. Most the the older coins were circulated. There were over 2,300 silver US quarters alone.
Very interesting.
In summary, a client of mine bought a property from a middle aged guy who looked like he drank too much. The guy took the money but refused to move on the close of escrow. My client hired me to evict the guy, which I did. However the guy failed to remove his personal property and my client had to place it in storage. Included in the personal property was a rather extensive collection of coins that the guy's deceased father had acquired from around the world. When my client discovered the coin collection, we took the collection and kept it separate from the other items in storage. I was able to look at the collection in detail. The guy ended up paying the moving and storage expenses to reclaim his personal property including the coin collection. However, during the time I had to look through the collection I found it had coins ranging from around 1830 to the 1980's, both world and US coins, both circulated and MS. Most the the older coins were circulated. There were over 2,300 silver US quarters alone.
Very interesting.
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I don't mind, though, because we got a good story out of it. Besides, I received a signed Overton book as a consolation gift.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>What's that coin worth today? >>
Heaven knows. I suppose it all depends on when it sells again.
I thought my question to strat this thread had potential to generate some interesting responses and stories.
So far, so good. Only time will tell if this thread will have any legs.
I laughed and gave him my address. Quick summary... excellent coin, checked the PCGS number etc.. all on the up and up. Kept the coin, sent him the check, case closed. Cheers, RickO
I've told it a million times but it seems to be popular. Carl Wohlforth printed it on his website (as you see), and a coin club in Florida (coincidentally in the town where I was born) actually asked him for permission to reprint it in their newsletter.
And unlike many of my rambling tales, it's quite short.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
Although I did not collect paper money then, I recognized the bills, and told the couple that what they had was not only real money, but very valuable. Instantly, they turned around, and left the bank. What they had were Silver Certificates, series of 1896, like this one (yes, there were $2's and $5's in the stack):
my early American coins & currency: -- http://yankeedoodlecoins.com/
The coins and lady completely disappeared. I was given a message that : " The coins are gone".
I took this message to mean : "Forget about this Joe, the story is over".
I love a good mystery
TD
Surprise! It showed up! (It's the George O. Walton specimen, and after he was killed in a 1962 car crash his heirs were erroneously told it was a fake. The family kept the coin in a Virginia closet for 41 years until a niece and nephew brought it to the 2003 ANA convention where it was authenticated during a midnight meeting by an astounded and delighted team from PCGS.)
-donn-
<< <i>The stolen 1804 dollar that walked into ANACS one day. >>
TD, you have a gift for understatement.
<< <i>In April 2003, while planning publicity for that summer's ANA World's Fair of Money convention in Baltimore where the four known surviving 1913 Liberty Head nickels would be displayed, I had this crazy idea for Bowers and Merena (then owned by Collectors Universe) to offer a minimum $1 million reward for the long-missing fifth specimen.
Surprise! It showed up! (It's the George O. Walton specimen, and after he was killed in a 1962 car crash his heirs were erroneously told it was a fake. The family kept the coin in a Virginia closet for 41 years until a niece and nephew brought it to the 2003 ANA convention where it was authenticated during a midnight meeting by an astounded and delighted team from PCGS.)
-donn- >>
Though you would not remember, Halfsense, I had the opportunity to chat with you a bit next to the 1913 nickel display the morning that the show opened and I would say you were positively giddy about it! I guess had you not had your "crazy idea" for the $1 million bounty, the coin would still be in that closet.
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.
Kranky, I honestly don't recall our meeting. I plead diminished capacity. After the midnight authentication meeting, I began sending out notices to the news media from the phone and fax machine in my hotel room. I had only about two hours of sleep before going to a TV station for an early morning news program interview segment.
My main recollection from that first day of the 2003 ANA convention is standing a bit away from the 1913 Liberty Head nickels display with Cheryl Myers (Walton's niece), her husband, Gary, and Ryan Givens (Walton's nephew) watching a lenghty line of people waiting to view the coins. It was the first time in about 60 years or so that all five 1913 Liberty Head nickels were together.
<< <i>Well this one time at coin camp......................................... >>
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Betts medals, colonial coins, US Mint medals, foreign coins found in early America, and other numismatic Americana
I came to work one day and the top 10 in the cash register was on the Factory Point National Bank of Manchester Center, Vermont. Ungrateful me started to berate the manager. "Why didn't you save that for me? You know I save these." His reply ; "I just did."
The origin of the note was a coin collector who had just bought a complete collection but did not collect paper money.
One day there there was religeous convention in town. One of the missionaries came into the store. Nearly ignoring me, he asks for the manager. I tell him the back room. He strides briskly into the back room and almost instantly briskly out again and out of the store. I ask the manager what happened. His reply: "He asked me if I was prepared for the next world. I told Hell!, No! I haven't got this one straigtened out yet."
I was totally prepared to have to break the news to my Father-in-Law that his Uncle had been ripped off or taken advantage of, when to my amazement he pulled out these 2 patterns in old PCGS Green Label holders! They are really super looking coins and it was a thrill to have them "uncovered" by someone who had no idea what he had!
I was on my way to take my daughter to meet her friends at "Lazer Tag", so only got to snap a couple of horrible shots of the coins- and the next day they were returned to the safety deposit box.
It really made me wonder how many people out there are sitting on really nice coins with no idea of what they have...
-Randy Newman
Is it really that faint?
Nice job by your great grandfather... nice story.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
some common silver dollars, a few jewelry items and watches, maybe a couple of thousand dollars total. Claimed she and
her boyfriend needed money to buy "medicine" and "grandma" had given them her coin collection to sell.
Pretty obvious that they were drug addicts and the stuff was probably stolen, so we passed. I gave her $5 and a buy-one-meal-get-one-free
meal coupon for Burger King that I had in my wallet. She started crying and said they had not eaten in days, and left.
Couple of days later on TV they had live coverage from a helicopter of the same van being chased by police toward Dallas on Interstate 30.
The reporter said "They are really creating a traffic jam on I-30...our reporter on the ground says they seem to be throwing COINS and JEWELRY OUT THE WINDOWS!!!"
After the cops shot out the tires, the boyfriend got out of the van waving a gun yelling KILL ME! KILL ME! to the cops ---which they promptly did.
Then while they were trying to get the girl to come out of van, she pulled out a gun and blew her brains out...
Really, really sad.
A customer of mine, when I first set up the antique mall booth (early 2003-ish), talked to me about cheap Darkside coins I was selling in my 3/$1 bin, and where I got them. I told him I bought them in bulk in big bags, and that cherrypicking them was time consuming but fun, and sometimes quite profitable.
Months later, he came back to me and said that he had followed my advice on getting Krause catalogs and buying bulk world coins and cherrypicking them. And he'd bought one bulk lot (not from me) which proved very interesting. It threw him off at first, because he couldn't find mention of it anywhere, even though it was obviously an American coin. It was a "Martha Washington" pattern piece, the "dime", I think.
Having just heard of these pieces for the first time, I just mumbled, "oh, suuure, RIGHT" to myself, giving the story about as much credence as the usual ludicrous "Once my daddy found a 1913 Liberty nickel" stories one hears from the general public. I completely thought this fella was telling me a tall tale, until he came back beaming about the sale of the piece, and showed me a clipping from Coin World or somewhere, with his name and the story in it.
My jaw about hit the floor.
I wish I could remember more of the details. The guy was a schoolteacher, if I recall correctly, maybe from Jacksonville, FL, and had been laid off or was in danger of being laid off or cut back somehow, so the discovery could not have come at a better time for him. He was happy with me for the pointers I'd given him about Darkside bulk cherrypicking.
Anyway, Bob got assigned to my location and we discovered we each collected coins, only on a bit different scale. He was flying to big shows, and buying choice unc (that’s what we use to call MS in those days) type coins. Well, Bob met a new lady and proposed to her but under the condition that he sells his coins and buys her a house as she did not want to live in his small apartment.
I am not sure why Bob did not start selling to the worldly dealers he bought from, but since I knew where 6-7 coin shops in the DC area were located, and I had a car, I agreed to take Bob to each shop so he could sell his coins. That is when I finally got to see his coins. To this day, it remains the most awesome set of type coinage in proof and MS I have ever seen in my life. While he kept his private life just that I was made aware that a few buys (in 1977 dollars for comparison) were in the 6-8,000 range. Needless to say, he bought a house got married and retired. Before he left he walked in one day with a cardboard box saying this was some left over stuff and he wanted to give it to me as a thank you for helping him out. No, there was not one single coin, but a big selection of Capital Plastic Holders and a complete date set of Red Books all of which I still have to this day.
WS
Even funnier is the fact that I had become an ANA member earlier that month and the first magazine they sent me had the 1932 $10 Indian with the break below the date as an example of a fake in the certification column. That was what I had in my holder purchased at the same time/place as the above coin. Like I said;lotsa flak but got money back on both. Thanks Bruce.
Another Bruce Amspacher story: Sometime later I had seen Fred Sweeney's ad in Coin World for a CalGold BG1207 $1 Indian Head which I desired. It was priced at $2,100. I had talked to John Rowe (Jay Roe California Gold) by phone about the coin and he said it was nice and that Fred would probably take $1,600. Bingo! At the next NCNA show (1983?) soon after I offered Bruce $1600 and had it.
Thanks again Bruce. Great eye and wonderful doing business with you. RIP.
<< <i>About 1982 I was wandering around the Cathedral Hill (old Jack Tar Hotel before it burned) Hotel in San Francisco,CA during a NCNA (NorCal Numis. Assoc.) show with my Capital plastic holder set (12 coins) of type US gold ($1's thru $20;Indian and Liberty heads) cupped in my hand at waist level just comparing mine to what was for sale and looking for upgrades. From about 40 feet away a guy behind a table caught my eye and told me to come over. I strolled over to Fred Sweeney's table and Bruce Amspacher told me that my $2-1/2 Liberty head was a fake. When I got home I mailed it back to C/to/C and they gave me some flak about it being over a year since i bought it and it was out of flip but they sent the money.
Even funnier is the fact that I had become an ANA member earlier that month and the first magazine they sent me had the 1932 $10 Indian with the break below the date as an example of a fake in the certification column. That was what I had in my holder purchased at the same time/place as the above coin. Like I said;lotsa flak but got money back on both. Thanks Bruce.
Another Bruce Amspacher story: Sometime later I had seen Fred Sweeney's ad in Coin World for a CalGold BG1207 $1 Indian Head which I desired. It was priced at $2,100. I had talked to John Rowe (Jay Roe California Gold) by phone about the coin and he said it was nice and that Fred would probably take $1,600. Bingo! At the next NCNA show (1983?) soon after I offered Bruce $1600 and had it.
Thanks again Bruce. Great eye and wonderful doing business with you. RIP. >>
Great story! 13 posts since 2001 and you're listed as a "new member". Too funny.
-Randy Newman
It is pretty good, with some great stories.
So why not send it to the top?
Maybe some new, great stories will be told
A really unusual event occurred to me the other day that I thought the members of the message board might find interesting. I was browsing the ANR archives, specifically the NY Connoisseur's sale of February 2006, as my 1824/2/0 came from that auction (I purchased it at a later time) to see if there were any other interesting pieces offered at that time. (Incidentally, that sale had an 1811 PCGS MS 65 owned by Reed Hawn that now resides in Dale Freind's collection that is really something to behold).
As I was browsing through, something odd caught my eye--an 1830 small O PCGS 64 that went for $16,100. "Boy" I thought, "that's quite a bit for an 1830 64," so I clicked on the picture. Once enlarged, I noticed that it looked a bit familiar, and then, in a split second an epiphany struck--THATS MY 1830!! I couldn't believe it a first, but sure enough it was the same coin that I bought from a dealer in June of 2007 (for full retail at the time, about 1/4 of the ANR sale price) as an NGC 64, and had it subsequently crossed back to PCGS (64). Furthermore, the auction description reveled that this is a more interesting coin that I was led to believe when I purchased it.
I've copied photos of the coin along with the description from the ANR auction below. I couldn't find any info on the O-110a, as it's not listed as a separate variety in the latest Overton. Likewise on the New Netherlands coin company, or Wayne G. Slife. If anyone has any knowledge regarding these topics, I'd love to hear about them.
P.S.--unfortunately, no, the lot ticket from the 1972 Merkin auction of my 1830 was not included when I bought it. Rats!!
1830 "O-110a". Rarity-7(?). Small O. MS-64 (PCGS).
An exceptionally beautiful specimen struck from the elusive late state of these dies. Magnificent radiant cartwheel lustre over pristine gold-toned surfaces, framed by traces of rose, violet, and blue just inside the rims. Boldly struck and especially choice for the grade, with gem-quality eye appeal and gem-quality technical quality. A very shallow scrape on Liberty's cheek is the only mark we note and no hairlines are seen. Each and every detail in the obverse stars, Liberty's hair, and the eagle is nicely defined. Catalogued by Walter Breen in 1972 as "Frosty golden toned gem Unc., needly sharp strike except on part of rev. dentils. Ex. New Netherlands. Very rare edge."
Careful study of this piece repays the effort expended, as an intricate array of die rust was partially effaced above the eagle's head on the reverse is a most unusual fashion. A short break connects F and AM of OF AMERICA, and some faint specks of die rust are also visible above Liberty's cap. A thin crack from below star 4 to the center of star 7 marks this as the die state now called "O-110a," first widely promulgated by Steven Herrman after a specimen with this crack appeared in a 1994 Sheridan Downey sale. The most recent edition of Herrman's bust half survey notes that this die state is "probably R7" though it now appears somewhat more common—just how common is not known though it still accounts for just a small fraction of specimens known from these dies. Herrman noted only 3 different coins (sold in four offerings), none finer than AU-50. Whether a collector finds this piece desirable for its beautiful color, its exceptional preservation, or its scarce die state, we suspect that it will be a point of great pride once acquired.
Walter Breen, at the time he described this coin in 1972, was studying the different edge dies used on Bust halves and identified this as the "third edge of 1830, same as second of 1831—bars on plaques slant up to r." Of course then, as now, no one much cared about edges, and now with so many coins in certified holders his research couldn't really continue even if someone wanted to. Of course, if they do, the edge of this coin may turn out to be important!
From the New York Connoisseur's Collection. Previously from New Netherlands Coin Company to Wayne G. Slife; Lester Merkin's sale of February 1972, Lot 185. The 1972 lot ticket accompanies this lot.