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am I doing a disservice cracking an 'omaha hoard' coin out of a slab?

????

am I destroying history ??!?!?

Comments

  • HyperionHyperion Posts: 7,440 ✭✭✭
    clipped from another board:

    "Apparently there was a large group of coins that a collector sold to Heritage. The story was he got the coins in a bulk roll purchase years ago from a bank in Omaha. Heritage had the coins all slabbed with the notation on the holders as a pedigree. That's about all there is to it.

    Just another gimmick to get folks excited."
  • fcfc Posts: 12,793 ✭✭✭


    << <i>clipped from another board:

    "Apparently there was a large group of coins that a collector sold to Heritage. The story was he got the coins in a bulk roll purchase years ago from a bank in Omaha. Heritage had the coins all slabbed with the notation on the holders as a pedigree. That's about all there is to it.

    Just another gimmick to get folks excited." >>



    bingo. i also heard they were, in general, overgraded a bit too.
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    I seek out cheap 'Omaha Hoard' slabbed coins to crack out and put into my Dansco.

    They are pretty, bright coins. Shiny blast white things, mostly. I think I still have spots on my eye from viewing them last time.

    It also helps with my label collection.

  • HyperionHyperion Posts: 7,440 ✭✭✭


    << <i>I seek out cheap 'Omaha Hoard' slabbed coins to crack out and put into my Dansco.

    They are pretty, bright coins. Shiny blast white things, mostly. I think I still have spots on my eye from viewing them last time.

    It also helps with my label collection. >>



    yep, 48-D washie that's about to join good company
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,605 ✭✭✭✭✭


    << <i>????

    am I destroying history ??!?!? >>



    image

    No.

    You're creating it !
    Now click your heels three times and say " There's no place like home".
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    NO, not at all.. you are, perhaps, destroying a dream for some people. That, and another reputed hoard, are really, just another myth in the numismatic annals... Oh yes, many will dispute what I say, however, there is NO traceable, hard evidence to either 'hoard' and a lot of 'promotion' involved... and many, caught with their figurative pants down... will fight to the death defending the myths. Cheers, RickO
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    They also have that reputation of being overgraded, true or not they seem to sell for less than ones without the pedigree.

    image
    Ed
  • MrHalfDimeMrHalfDime Posts: 3,440 ✭✭✭✭
    It is the same coin ......... in or out of plastic.
    They that can give up essential Liberty to obtain a little temporary safety deserve neither Liberty nor safety. Benjamin Franklin
  • JcarneyJcarney Posts: 3,154


    << <i>They also have that reputation of being overgraded, true or not they seem to sell for less than ones without the pedigree.

    image >>



    Most of the Omaha MS65 Franklins I've seen have been either MS64s or dipped out. NGC slabbed a lot of them and I think the Omaha hoard is one of the reasons the gem Franklin series has languished while other series have risen in value the past few years.
    “When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin


    My icon IS my coin. It is a gem 1949 FBL Franklin.
  • DoubleEagle59DoubleEagle59 Posts: 8,377 ✭✭✭✭✭
    no disservice at all,

    in my opinion, for PCGS slabs, there were many, many overgraded coins.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • MeltdownMeltdown Posts: 8,983 ✭✭✭✭✭


    << <i>NO, not at all.. you are, perhaps, destroying a dream for some people. That, and another reputed hoard, are really, just another myth in the numismatic annals... Oh yes, many will dispute what I say, however, there is NO traceable, hard evidence to either 'hoard' and a lot of 'promotion' involved... and many, caught with their figurative pants down... will fight to the death defending the myths. Cheers, RickO >>



    Is the other reputed hoard you're refering to the fitzgerald Nevada collection?
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    No... Cheers, RickO
  • StupidStupid Posts: 559 ✭✭✭
    No, crack it out! Some history we could do without. They do seem to be slightly overgraded some, at least in the Washingtons, which I look at alot. But I suspect the one you have was probably undergraded.image Tony

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