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UNLOCKED! Safe Full of Coins Found in a Tennessee Farmhouse

epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
Interesting blog, last entry dated 5/1/2013 about finding a hidden safe in his deceased grandparents house, getting the safe open and finding grandmothers coin stash.

UNLOCKED! Secret Time Capsule Safe found in a Tennessee Farmhouse

Comments

  • hchcoinhchcoin Posts: 4,837 ✭✭✭✭✭
    I love stories like this.
  • EagleguyEagleguy Posts: 2,264 ✭✭✭✭✭
    Fun discovery. A real shame about all the moisture/water damage though.

    JH
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Looks like the door of the safe also doubled as the clean-out plug for the sewer line image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • OPAOPA Posts: 17,143 ✭✭✭✭✭
    From what I could gather. Just a stash of common modern day US Mint products...did not notice any gold though. I wonder if they were a Home Shopping network junky. image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • keyman64keyman64 Posts: 15,548 ✭✭✭✭✭
    Neat story, too bad about the damage though.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • dimplesdimples Posts: 1,286 ✭✭✭
    Ah what we all dream about!! great blog and the pictures are amazing. He's going to have fun with all that soggy currency though.
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭
    Nice story but I must be getting old when a safe is cracked open after seemingly a very long long time and coins from 1987 are unearthed!!
    "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)
  • sniocsusniocsu Posts: 1,291 ✭✭✭
    Very cool!!
  • SkyManSkyMan Posts: 9,515 ✭✭✭✭✭
    FUN STUFF!!!!

    Too bad that the Reddit commentator got it 180 degrees wrong...

    <<<
    “Just so you know anything from 1964 or older is 90% silver worth about 20 time face value of the coin. $0.50 = $10, $0.25 = $5, $0.10 = $2.00. I also believe 1965-1971 coins of those denominations are 40% Silver and still worth more than face value as well. That’s a pretty good score even if half of those pre-date 1965 and not to mention those silver bars!! They’re worth about $22.10 per ounce. 16 ounces in a pound = $353 and those are most likely Kilos which are 2.2 pounds and worth $778″.
    >>>

    Luckily, from the sounds of it, half of those coins do pre-date 1965. Also, from my interpretation of the images, the silver bars appear to be 1 ounce bars.
  • WillieBoyd2WillieBoyd2 Posts: 5,276 ✭✭✭✭✭
    I had a similar experience in 2006, but on a much smaller scale.
    I had to clean out a shed which belonged to my parents.

    There were some small US and foreign coins which belonged to my sister,
    who was not a coin collector.

    The 1960's Beatles and teenage fan magazines she saved were worth more,
    she gave me permission to sell them on Ebay, and we got around $200 for them.

    image
    https://www.brianrxm.com
    The Mysterious Egyptian Magic Coin
    Coins in Movies
    Coins on Television

  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    Recipe for a ripoff, IMO.



    << <i>From what I could gather. Just a stash of common modern day US Mint products...did not notice any gold though. I wonder if they were a Home Shopping network junky. image >>


    I saw an 1890s gold piece, did not look close enough to see what it was (obviously; can't even recall the exact date). Was the home shopping network around when "his deceased grandparents" stocked the safe?

    I feel bad for the guy because he's going to get all sorts of emails asking about buying his stash, etc. and he probably doesn't have a clue what they're actually worth. image
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10FOR SALE

    image
  • JustlookingJustlooking Posts: 2,895


    << <i>From what I could gather. Just a stash of common modern day US Mint products...did not notice any gold though. I wonder if they were a Home Shopping network junky. image >>



    Looks like everything in the coin vault was purchased from the Coin Vault ... image
    Let's try not to get upset.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Saw that on Reddit..... what a mess....and that safe must have been huge under that slab......Cheers, RickO
  • johnny9434johnny9434 Posts: 29,317 ✭✭✭✭✭


    << <i>I love stories like this. >>

    so do i. it brings the kid out in most of us image
  • DentuckDentuck Posts: 3,824 ✭✭✭
    They need to buy Beth Deisher's new book!

    image




  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    I love stories like this. What did
    they find ??? image
    Timbuk3
  • BanemorthBanemorth Posts: 986 ✭✭✭
    How long until the IRS pays them a visit?
    Justin From Jersey

    Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
  • jdimmickjdimmick Posts: 9,786 ✭✭✭✭✭
    neat story, and probably a grand or two worth of silver, rest of the mint products would literally be face value. Luckily , nothing significant collector value wise was in there or it would have been potentially ruined.


  • << <i>I love stories like this. >>



    X2
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭


    << <i>Looks like the door of the safe also doubled as the clean-out plug for the sewer line image >>




    image
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Neat! Floorsafes not good for long term storage!
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭
    The fun is in the chase, of course it would have been nice to find some Type rarities, but the whole thing is a great adventure. Thank you for sharing that.
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Looking at all the pics now some remind me of the toilets in China.

    Shame as a few plastic bags might have made a world of difference.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭


    << <i>I love stories like this. >>


    image
  • AuroraBorealisAuroraBorealis Posts: 3,591 ✭✭✭✭✭
    Cool story and pics... I enjoyed it and thank you for sharing...

    ABimage
  • Love these things.
    Taylor
    Also known as coinman101---
    I am a YN and I do not want anybody to question my IQ Level! I don't know everything and came here to learn! image
  • nibannynibanny Posts: 2,761
    Nice story! Thanks for sharing.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • OverdateOverdate Posts: 7,162 ✭✭✭✭✭


    << <i>From what I could gather. Just a stash of common modern day US Mint products...did not notice any gold though. I wonder if they were a Home Shopping network junky. image >>


    I wonder if there are still any stashes of coins put away in the early 20th century and still waiting to be uncovered. If so, they could be an excellent source of mid-to-upper-grade buffalo nickels and Barber dimes, quarters and halves, which were common back then but are scarce and valuable today.

    My Adolph A. Weinman signature :)

  • jimbux61jimbux61 Posts: 503


    << <i>How long until the IRS pays them a visit? >>



    Exactly what I was thinking. I wouldn't advertise something like this.
  • CasmanCasman Posts: 3,935 ✭✭
    We have this at a locksmith right now as there's no key. The keyhole's at the bottom center, chopped off from the photo. Have no clue what's inside.



    image
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭


    << <i>We have this at a locksmith right now as there's no key. The keyhole's at the bottom center, chopped off from the photo. Have no clue what's inside.



    image >>



    Hope it is not a body? Looks like a crypt.
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • johnny9434johnny9434 Posts: 29,317 ✭✭✭✭✭


    << <i>

    << <i>We have this at a locksmith right now as there's no key. The keyhole's at the bottom center, chopped off from the photo. Have no clue what's inside.



    image >>



    Hope it is not a body? Looks like a crypt. >>

    achbad the terrorist from comedy central is inside of it image
  • FlashFlash Posts: 1,090 ✭✭✭
    That's a beauty! Did it come out of a church?
    Matt
  • CasmanCasman Posts: 3,935 ✭✭


    << <i>That's a beauty! Did it come out of a church? >>




    Yup, once it's opened, there's gonna be some modifications. It's going in a Bar and will eventually serve $50 shots of whiskey.
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>neat story, and probably a grand or two worth of silver, rest of the mint products would literally be face value. Luckily , nothing significant collector value wise was in there or it would have been potentially ruined. >>



    Perspective is a funny thing. I looked at the pictures and the condition of all
    thosemodern mint products was just about heart breaking. Junk silver is junk
    silver even if you melt it but most moderns are a total loss with even a little
    damage.

    However, I'm familiar with modern mint products thaty have been through fire,
    flood or worse and they usually are not a total loss and these don't look all
    that bad. Modern sets are worth more dead than alive so it's just a matter
    of separating the undamaged coins from the damaged ones. I'd guess about
    half the BU coins can be saved and a quarter of the proofs. They should have
    been stabilized in acetone right away.

    I look at those mint sets and wonder if the collector might have sought out the
    finest coins. These might have been Gem sets. ...Probably not, of course, but
    in this number of coins there would have been a few Gems by chance alone. As
    I see it we might never run out of "junk" silver but there is a finite and rapidly
    decreasing number of moderns. The day might come when there isn't enough
    junk silver to go around but with mintages in the hundreds of millions and most
    of it still around we have years to start conserving it for the future.
    tempus fugit extra philosophiam.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>

    << <i>That's a beauty! Did it come out of a church? >>




    Yup, once it's opened, there's gonna be some modifications. It's going in a Bar and will eventually serve $50 shots of whiskey. >>



    Church Lady ain't down with that, LOL

    image
  • BryceMBryceM Posts: 11,863 ✭✭✭✭✭


    << <i>

    << <i>How long until the IRS pays them a visit? >>



    Exactly what I was thinking. I wouldn't advertise something like this. >>



    Why not? Those who abide by the law generally have little to fear.
  • This content has been removed.
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭


    << <i>How long until the IRS pays them a visit? >>



    There is no income tax on inheritances, and it's unlikely that the grandparents had more than $5 million in which case
    estate tax would have been due.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭


    << <i>We have this at a locksmith right now as there's no key. The keyhole's at the bottom center, chopped off from the photo. Have no clue what's inside. >>





    It's a tabernacle from a Catholic church, used to store the chalice, wine, and communion wafers. If any wine or wafers are inside,
    you might want to call a local Catholic priest, as Catholics consider these, if consecrated, to be the literal blood and body of
    Christ, and desecration is a really really big deal.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com

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