Interestingly it was available for 1.2 million for a short time on the Amazon site. It then disappeared. Much later it resurfaced as part of the special package of 14 coins plus one can for the total sum of 2.75 million dollars.
The package of 14 $20 gold coins includes the 1.2 million dollar 1866-S No Motto in MS62 which is the star of the Saddle Ridge find. The presumably Folger manufactured Golden Gate Baking Powder can it was found in is included. (Note my detailed posts on page 4 of this thread regarding the significance of these Golden Gate Baking Powder cans to the history, and possibly even origin,
of The Saddle Ridge Hoard.)
Also included in the "package" is a single Carson City minted 1890-cc in MS 63. All the rest are San Francisco minted, each either the finest or tied for finest of its date and mint. They include an 1866 motto in MS62, an 1870 in MS62, an 1877 in MS65, an 1878 in MS63, an 1880 in MS64, an 1861 in MS64, an 1882 in MS64+, an 1884 in MS65, an 1889 in MS65, an 1890 in MS66+,
an 1892 in MS65+, and an 1894 in MS65. Needless to say all are in PCGS holders and there are some who contend the coins in this hoard have been conservatively graded.
It would be great if someone of means or other entity such as a corporation or foundation could purchase this set intact and then put it on display or even donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. This would perpetuate the value and "story" of the Saddle Ridge Hoard coins on into the future. Something like this was done
with the 1933 Double Eagle. For the moment though, credit goes to Don Kagin and the finders/owners for even making such a possibility by offering the "set" as a mini-hoard containing the best of the best along with the historic Golden Gate Baking Powder can. >>
Again, as noted above, it would be great if someone of means or other entity such as a foundation could purchase the set intact and put it on permanent public display (or otherwise donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. ) This could only enhance the value and "story" of the Saddle Ridge Hoard coins for posterity.
>>
If I recall correctly, someone previously provided us a side-by-side view of the 1866-S No Motto in PCGS MS62 along with the 1866-S NGC MS62. Anyone here recall their opinion as to whether the PCGS version is actually under graded and/or the NGC version is over graded? If in fact the PCGS coin is the finest known, rather than just tied for being
the finest known, then its asking price at over one million dollars may be meritorious.
Interestingly it was available for 1.2 million for a short time on the Amazon site. It then disappeared. Much later it resurfaced as part of the special package of 14 coins plus one can for the total sum of 2.75 million dollars.
The package of 14 $20 gold coins includes the 1.2 million dollar 1866-S No Motto in MS62 which is the star of the Saddle Ridge find. The presumably Folger manufactured Golden Gate Baking Powder can it was found in is included. (Note my detailed posts on page 4 of this thread regarding the significance of these Golden Gate Baking Powder cans to the history, and possibly even origin,
of The Saddle Ridge Hoard.)
Also included in the "package" is a single Carson City minted 1890-cc in MS 63. All the rest are San Francisco minted, each either the finest or tied for finest of its date and mint. They include an 1866 motto in MS62, an 1870 in MS62, an 1877 in MS65, an 1878 in MS63, an 1880 in MS64, an 1861 in MS64, an 1882 in MS64+, an 1884 in MS65, an 1889 in MS65, an 1890 in MS66+,
an 1892 in MS65+, and an 1894 in MS65. Needless to say all are in PCGS holders and there are some who contend the coins in this hoard have been conservatively graded.
It would be great if someone of means or other entity such as a corporation or foundation could purchase this set intact and then put it on display or even donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. This would perpetuate the value and "story" of the Saddle Ridge Hoard coins on into the future. Something like this was done
with the 1933 Double Eagle. For the moment though, credit goes to Don Kagin and the finders/owners for even making such a possibility by offering the "set" as a mini-hoard containing the best of the best along with the historic Golden Gate Baking Powder can. >>
Again, as noted above, it would be great if someone of means or other entity such as a foundation could purchase the set intact and put it on permanent public display (or otherwise donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. ) This could only enhance the value and "story" of the Saddle Ridge Hoard coins for posterity.
>>
If I recall correctly, someone previously provided us a side-by-side view of the 1866-S No Motto in PCGS MS62 along with the 1866-S NGC MS62. Anyone here recall their opinion as to whether the PCGS version is actually under graded and/or the NGC version is over graded? If in fact the PCGS coin is the finest known, rather than just tied for being
the finest known, then its asking price at over one million dollars may ultimately be justifiable.
/Q]
OK, for anyone wanting to compare the NGC 1866-S No Motto Twenty to the PCGS version here is a link to the NGC coin as photographed for the Platinum Night 2012 FUN auction as lot 5044:The NGC MS62 No Motto 1866-S Twenty
And the PCGS 1866-S No Motto Twenty is now back up on the Amazon site and it is also viewable as PCGS Certification Number 28824709.
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins.
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Thanks BloodMan. As I commented on another thread, at least the story behind this find has the makings of an interesting movie script. Maybe I should make that my next project.
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example.
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example. >>
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example. >>
Not to be missed is ElmerFusterpuck's thread titled, "Saddle Ridge Delivery…" Included are great photos of the packaging that comes with the coin. Regarding same the photo on the cover of the brochure deserves some added explanation:
The brochure cover photo of the top of the can, as it circles the coins, is raised up over the coins in the center in a 3D effect while the bottom of the can is on the back cover. The result is almost like getting a replica of the historic can along with the coin. A
pretty neat effect in hand though understandably difficult to appreciate just from two-dimensional photos.
Like many others from this hoard Elmer's MS63 appears to have been conservatively graded by PCGS which makes sense since PCGS was likely hedging on market acceptance of these coins and wanting to protect its own interests with regard
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example. >>
Not to be missed is ElmerFusterpuck's thread titled, "Saddle Ridge Delivery…" Included are great photos of the packaging that comes with the coin. Regarding same the photo on the cover of the brochure deserves some added explanation:
The brochure cover photo of the top of the can, as it circles the coins, is raised up over the coins in the center in a 3D effect while the bottom of the can is on the back cover. The result is almost like getting a replica of the historic can along with the coin. A
pretty neat effect in hand though understandably difficult to appreciate just from two-dimensional photos.
Like many others from this hoard Elmer's MS63 appears to have been conservatively graded by PCGS which makes sense since PCGS was likely hedging on market acceptance of these coins and wanting to protect its own interests with regard
to grade guarantees. >>
Latest update: As of Saturday June 7th the 1.2 million dollar coin and its set remain available. Reportedly the next most expensive coin left is an 1890-S in MS66 for $125,000.00. 372 coins plus the package lot remain available on the Amazon site and Kagin's has 39 listed. That is approximately 425 coins left out of the Hoard's 1427 total indicating only a little more than one-third of
the Saddle Ridge Hoard coins remain. Here is a link to an article from June 4th when the Amazon site had 483 coins/lots instead of its now 373,
Of note Don Kagin reportedly will be taking some to the Long Beach show this month from his inventory which will be available for purchase by those who want to see the coin in hand before pulling the trigger.
<< <i>The NGC specimen IMO appears to be the nicer of the two with less surface issues and an almost matte-like appearance to the critical reverse. >>
I note that that opinion was expressed on a separate thread by at least one other unless it was your comment I am recalling. I do note though that the PCGS specimen is being described generally "as the finest known" so maybe the PCGS cachet is all one needs to break a tie? Would be fun to hear John A. of CAC chime in.
<< <i>No new information to report on the status of the 1.2 million dollar coin but perhaps others have heard? >>
I have no update, but having seen the PCGS coin in hand I can report that it is one heckuva coin. The NGC coin would have to be wonderful to outdo it.
Dave Wnuck. Redbook contributor; long time PNG Member; listed on the PCGS Board of Experts. PM me with your email address to receive my e-newsletter, and visit DaveWcoins.com Find me on eBay at davewcoins
Over the past several weeks it has been relatively quiet on the Saddle Ridge. However, there has been a "new" theory postulated about the motive behind the burial of the coins. The proponent begins his argument by challenging the popularly held notion that the subject coins were buried over a long period of time suggesting that they were not intended for long term burial or as a personal bank. Supporting his position is that the containers were hardly what one would choose for long term preservation. (While he refers to the containers as "coffee cans" they were more appropriately baking powder cans manufactured by the Folger Coffee Company as has been pointed out in prior posts on this thread.) Despite that factual error, the salient point remains the same, one just does not bury for the long term valuables in flimsy cans.
Otherwise the theory is not all that new as many of us have already pointed out the connection between the dates on the most recent of the coins as matching a great economic crisis which included the closing of banks, failing of mines, and closing of businesses. Caution - in reading the account note it ties to a point about the economic condition facing us today which one may or may not agree with but clearly is the focus of the author's own bias.
In any event it is something "new" to read on the subject of The Saddle Ridge Hoard" and at least merits a footnote here.
For those following the Saddle Ridge saga, there has been a significant resale of the coin subject of the separate thread titled, "Saddle Ridge Coin of Interest."
<< <i>Inventories are posted. Rumor has it, and on good authority, that some coins are coming up in mint state that are currently unknown in mint state. >>
Sounds like the SS Central America II coins are deserving of a new thread. Would welcome learning, even only rumored at this point, which dates may be now represented for the first time by a mint state example.
<< <i>No -- there is no Paquet in the Saddle Ridge hoard. >>
Came across a print article suggesting there may have been a 1861-S Paquet in the Saddle Ridge Hoard. Curious if the author may have recalled this thread and made the assumption based on the question posed.
OK, here are the details regarding the above referenced "print article" suggesting there may have been a 1861-S Paquet in the Saddle Ridge Hoard:
I suspect it may be the question posed by me regarding the Paquet in this, the first thread that was posted here on this forum regarding the Saddle Ridge Hoard that left the impression there was a Paquet in the Saddle Ridge Hoard. Here is the recent quote that suggested there may have been a 1861-S Pqquet in the Saddle Ridge Hoard:
"The Paquet double eagle is one of the most sought-after pieces in the series [of Liberty Head Double Eagles] and the recently discovered Saddle Ridge Hoard is said to have contained one of these rare coins."
October, 2014, "COINage" article titled, "The Other Double Eagle" by R.W. Julian at page 44.
<< <i>No -- there is no Paquet in the Saddle Ridge hoard. >>
Came across a print article suggesting there may have been a 1861-S Paquet in the Saddle Ridge Hoard. Curious if the author may have recalled this thread and made the assumption based on the question posed. >>
The answer to the question is yes. The comment “is said” implies an indirect source which may or may not be correct. The article was written in late May 2014 when there was some uncertainty as to the contents of the hoard.
<< <i>No -- there is no Paquet in the Saddle Ridge hoard. >>
Came across a print article suggesting there may have been a 1861-S Paquet in the Saddle Ridge Hoard. Curious if the author may have recalled this thread and made the assumption based on the question posed. >>
The answer to the question is yes. The comment “is said” implies an indirect source which may or may not be correct. The article was written in late May 2014 when there was some uncertainty as to the contents of the hoard. >>
Thanks so much for the informative response. Wow - I did not realize there was so much lag time between when article is written and when it reaches publication in a magazine.
It has been officially 3 months since the last posting on this forum regarding the Saddle Ridge Hoard. It would be interesting to hear any current news.
Don Kagin’s new book included a chapter on the Saddle Ridge Hoard. Overall the chapter was a good summary, but I was hoping for more details on the hoard than what was presented. He stated that half the coins were sold on the first day, and after four months of the initial offering two-thirds of the coins had sold. A quick search of Amazon now shows 128 coins available (less than 10%), and four coins on eBay.
<< <i>Don Kagin’s new book included a chapter on the Saddle Ridge Hoard. Overall the chapter was a good summary, but I was hoping for more details on the hoard than what was presented. He stated that half the coins were sold on the first day, and after four months of the initial offering two-thirds of the coins had sold. A quick search of Amazon now shows 128 coins available (less than 10%), and four coins on eBay. >>
Comments
<< <i>
<< <i>
<< <i>did they sell the $1.2mil coin? >>
Interestingly it was available for 1.2 million for a short time on the Amazon site. It then disappeared. Much later it resurfaced as part of the special package of 14 coins plus one can for the total sum of 2.75 million dollars.
The package of 14 $20 gold coins includes the 1.2 million dollar 1866-S No Motto in MS62 which is the star of the Saddle Ridge find. The presumably Folger manufactured Golden Gate Baking Powder can it was found in is included. (Note my detailed posts on page 4 of this thread regarding the significance of these Golden Gate Baking Powder cans to the history, and possibly even origin,
of The Saddle Ridge Hoard.)
Also included in the "package" is a single Carson City minted 1890-cc in MS 63. All the rest are San Francisco minted, each either the finest or tied for finest of its date and mint. They include an 1866 motto in MS62, an 1870 in MS62, an 1877 in MS65, an 1878 in MS63, an 1880 in MS64, an 1861 in MS64, an 1882 in MS64+, an 1884 in MS65, an 1889 in MS65, an 1890 in MS66+,
an 1892 in MS65+, and an 1894 in MS65. Needless to say all are in PCGS holders and there are some who contend the coins in this hoard have been conservatively graded.
It would be great if someone of means or other entity such as a corporation or foundation could purchase this set intact and then put it on display or even donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. This would perpetuate the value and "story" of the Saddle Ridge Hoard coins on into the future. Something like this was done
with the 1933 Double Eagle. For the moment though, credit goes to Don Kagin and the finders/owners for even making such a possibility by offering the "set" as a mini-hoard containing the best of the best along with the historic Golden Gate Baking Powder can. >>
Again, as noted above, it would be great if someone of means or other entity such as a foundation could purchase the set intact and put it on permanent public display (or otherwise donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. ) This could only enhance the value and "story" of the Saddle Ridge Hoard coins for posterity.
>>
If I recall correctly, someone previously provided us a side-by-side view of the 1866-S No Motto in PCGS MS62 along with the 1866-S NGC MS62. Anyone here recall their opinion as to whether the PCGS version is actually under graded and/or the NGC version is over graded? If in fact the PCGS coin is the finest known, rather than just tied for being
the finest known, then its asking price at over one million dollars may be meritorious.
<< <i>
<< <i>
<< <i>
<< <i>did they sell the $1.2mil coin? >>
Interestingly it was available for 1.2 million for a short time on the Amazon site. It then disappeared. Much later it resurfaced as part of the special package of 14 coins plus one can for the total sum of 2.75 million dollars.
The package of 14 $20 gold coins includes the 1.2 million dollar 1866-S No Motto in MS62 which is the star of the Saddle Ridge find. The presumably Folger manufactured Golden Gate Baking Powder can it was found in is included. (Note my detailed posts on page 4 of this thread regarding the significance of these Golden Gate Baking Powder cans to the history, and possibly even origin,
of The Saddle Ridge Hoard.)
Also included in the "package" is a single Carson City minted 1890-cc in MS 63. All the rest are San Francisco minted, each either the finest or tied for finest of its date and mint. They include an 1866 motto in MS62, an 1870 in MS62, an 1877 in MS65, an 1878 in MS63, an 1880 in MS64, an 1861 in MS64, an 1882 in MS64+, an 1884 in MS65, an 1889 in MS65, an 1890 in MS66+,
an 1892 in MS65+, and an 1894 in MS65. Needless to say all are in PCGS holders and there are some who contend the coins in this hoard have been conservatively graded.
It would be great if someone of means or other entity such as a corporation or foundation could purchase this set intact and then put it on display or even donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. This would perpetuate the value and "story" of the Saddle Ridge Hoard coins on into the future. Something like this was done
with the 1933 Double Eagle. For the moment though, credit goes to Don Kagin and the finders/owners for even making such a possibility by offering the "set" as a mini-hoard containing the best of the best along with the historic Golden Gate Baking Powder can. >>
Again, as noted above, it would be great if someone of means or other entity such as a foundation could purchase the set intact and put it on permanent public display (or otherwise donate it to a museum such as the Smithsonian with the caveat that they must keep it on public display. ) This could only enhance the value and "story" of the Saddle Ridge Hoard coins for posterity.
>>
If I recall correctly, someone previously provided us a side-by-side view of the 1866-S No Motto in PCGS MS62 along with the 1866-S NGC MS62. Anyone here recall their opinion as to whether the PCGS version is actually under graded and/or the NGC version is over graded? If in fact the PCGS coin is the finest known, rather than just tied for being
the finest known, then its asking price at over one million dollars may ultimately be justifiable.
/Q]
OK, for anyone wanting to compare the NGC 1866-S No Motto Twenty to the PCGS version here is a link to the NGC coin as photographed for the Platinum Night 2012 FUN auction as lot 5044:The NGC MS62 No Motto 1866-S Twenty
And the PCGS 1866-S No Motto Twenty is now back up on the Amazon site and it is also viewable as PCGS Certification Number 28824709.
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins.
<< <i>Northcoin,
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Thanks BloodMan. As I commented on another thread, at least the story behind this find has the makings of an interesting movie script. Maybe I should make that my next project.
<< <i>Northcoin,
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example.
<< <i>
<< <i>Northcoin,
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example. >>
Anyone receiving their ordered Saddle Ridge Hoard Treasure Coin(s) yet? Impressions?
<< <i>
<< <i>
<< <i>Northcoin,
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example. >>
Anyone receiving their ordered Saddle Ridge Hoard Treasure Coin(s) yet? Impressions? >>
Answering my own question:
Not to be missed is ElmerFusterpuck's thread titled, "Saddle Ridge Delivery…" Included are great photos of the packaging that comes with the coin. Regarding same the photo on the cover of the brochure deserves some added explanation:
The brochure cover photo of the top of the can, as it circles the coins, is raised up over the coins in the center in a 3D effect while the bottom of the can is on the back cover. The result is almost like getting a replica of the historic can along with the coin. A
pretty neat effect in hand though understandably difficult to appreciate just from two-dimensional photos.
Like many others from this hoard Elmer's MS63 appears to have been conservatively graded by PCGS which makes sense since PCGS was likely hedging on market acceptance of these coins and wanting to protect its own interests with regard
to grade guarantees.
<< <i>
<< <i>
<< <i>
<< <i>Northcoin,
Thanks for all of the information, updates and insights on the Saddle Ridge Hoard!
It is not surprising to me that more than half of the coins were sold within 2 days of becoming available, even considering the premium that is being asked for the coins. >>
Here are some of my observations on the composition of the coins in the Saddle Ridge Hoard Treasure:
1. Excluding the approximate 50 $10 Eagles and 4 $5 gold pieces, of the remaining 1,373 Liberty Head Double Eagles, 776 are contained in just 5 different mint date years from the San Francisco Mint.
2. The year with the largest representation of San Francisco minted $20 Liberty Head Double Eagles is 1889 with 422 examples. Second place is 1892 with 173. Third is 1890 with 98. Fourth is 1882 with 72. In fifth place is 1888 with 63. No other year has more than 50.
3. Represented years with at least 30 San Francisco minted $20 Liberty Head Double Eagles, apart from those above, are in order of quantity, 1883 with 49, 1879 with 45, 1880 with 41, 1881 with 40, 1878 with 34, 1884 with 33 and 1877 with 30.
4. The above listed years in #2 and #3 above, which together total the 12 most represented years in the Hoard, together contain 1,105 of the 1,373 Liberty Head Double Eagles in the Saddle Ridge Hoard Treasure. That leaves only 268 Double Eagles of all other years and mints.
5. As to the earliest coins in the hoard, the earliest is an 1847-O $10 Eagle in AU50, an 1849 Dahlonega $5 gold piece in VF30 and there is an 1850 $20 Liberty Head Double Eagle from the Philadelphia mint in genuine.
6. There is both a single $5 gold piece and a single $10 gold Eagle from the Carson City mint. (The 5 is an 1892 MS62 and the 10 an 1875 in AU55.)
7. There were only 12 San Francisco minted $20 Liberty Head Double Eagles for the last year (1894) of coins represented in the Hoard.
8. From the last two years that Carson City $20 Liberty Double Eagles were minted, there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one
MS60 and one MS63), with the 1892 being an AU58 and the 1893 including one genuine and one AU58+.)
OK, so what do these deposits by date tell us about whoever buried the coins? Assuming the coins represent earnings or wealth accumulation for the years of mintage then we can say that 1889 was the best year with more than twice the income/wealth accumulation of 1892 and more than four times what was accumulated in 1890 and and 1882. Equally interesting is the absence of
significant accumulation in the intervening year of 1891 which could suggest that the 1892 "deposit" actually represented two years of wealth accumulation. Likewise for 1889 with 1888 being so weakly represented. We do know that at least for the gold coming out of the Comstock Lode region near Virginia City the gold itself was close to being depleted by 1892 and in fact 1893, at
least for gold, was the last year of the Carson City Mint's operation due to lack of product. That historical fact can be correlated to the lack of any significant quantity (not more than 30 San Francisco minted double eagles) being deposited after the year of 1892 with its 178 Double Eagles even though coins for a few additional years are represented in the Saddle Ridge Hoard Treasure.
(Again, as noted above there was one 1892 Carson City twenty and two 1893 Carson City Twenties in the Hoard with the other 9 Carson City Twenties in the Hoard having mint dates of 1874 (one VF20), 1877 (one AU58), 1882 (one genuine), 1883 (one MS61 and one MS63), 1884 (one AU55 and one MS61), 1890 (one MS60 and one MS63), with the 1892 being an AU58 and the
1893 including one genuine and one AU58+.)
I am sure there are other things than can be inferred from the quantities of coins for the identified dates, and the above is simply by way of example. >>
Anyone receiving their ordered Saddle Ridge Hoard Treasure Coin(s) yet? Impressions? >>
Answering my own question:
Not to be missed is ElmerFusterpuck's thread titled, "Saddle Ridge Delivery…" Included are great photos of the packaging that comes with the coin. Regarding same the photo on the cover of the brochure deserves some added explanation:
The brochure cover photo of the top of the can, as it circles the coins, is raised up over the coins in the center in a 3D effect while the bottom of the can is on the back cover. The result is almost like getting a replica of the historic can along with the coin. A
pretty neat effect in hand though understandably difficult to appreciate just from two-dimensional photos.
Like many others from this hoard Elmer's MS63 appears to have been conservatively graded by PCGS which makes sense since PCGS was likely hedging on market acceptance of these coins and wanting to protect its own interests with regard
to grade guarantees. >>
Latest update: As of Saturday June 7th the 1.2 million dollar coin and its set remain available. Reportedly the next most expensive coin left is an 1890-S in MS66 for $125,000.00. 372 coins plus the package lot remain available on the Amazon site and Kagin's has 39 listed. That is approximately 425 coins left out of the Hoard's 1427 total indicating only a little more than one-third of
the Saddle Ridge Hoard coins remain. Here is a link to an article from June 4th when the Amazon site had 483 coins/lots instead of its now 373,
Of note Don Kagin reportedly will be taking some to the Long Beach show this month from his inventory which will be available for purchase by those who want to see the coin in hand before pulling the trigger.
Going, Going, Gone? Update
Well, just Love coins, period.
<< <i>The NGC specimen IMO appears to be the nicer of the two with less surface issues and an almost matte-like appearance to the critical reverse. >>
I note that that opinion was expressed on a separate thread by at least one other unless it was your comment I am recalling. I do note though that the PCGS specimen is being described generally "as the finest known" so maybe the PCGS cachet is all one needs to break a tie? Would be fun to hear John A. of CAC chime in.
<< <i>No new information to report on the status of the 1.2 million dollar coin but perhaps others have heard? >>
I have no update, but having seen the PCGS coin in hand I can report that it is one heckuva coin. The NGC coin would have to be wonderful to outdo it.
<< <i>
<< <i>
<< <i>S
There are some who would feel that is deceptive and dishonest! >>
no, just smart
BHNC #203
Otherwise the theory is not all that new as many of us have already pointed out the connection between the dates on the most recent of the coins as matching a great economic crisis which included the closing of banks, failing of mines, and closing of businesses. Caution - in reading the account note it ties to a point about the economic condition facing us today which one may or may not agree with but clearly is the focus of the author's own bias.
In any event it is something "new" to read on the subject of The Saddle Ridge Hoard" and at least merits a footnote here.
A "new" theory on the motivation behind burial of the Saddle Ridge Hoard coins
Saddle Ridge Coin Resold
I cant wait. Hurry up already.
Latin American Collection
<< <i>Inventories are posted. Rumor has it, and on good authority, that some coins are coming up in mint state that are currently unknown in mint state. >>
Sounds like the SS Central America II coins are deserving of a new thread. Would welcome learning, even only rumored at this point, which dates may be now represented for the first time by a mint state example.
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>Such an important coin to our numismatic history. This is amazing to me. >>
The Paquet or the Central America coin(s)?
<< <i>No -- there is no Paquet in the Saddle Ridge hoard. >>
Came across a print article suggesting there may have been a 1861-S Paquet in the Saddle Ridge Hoard. Curious if the author may have recalled this thread and made the assumption based on the question posed.
I suspect it may be the question posed by me regarding the Paquet in this, the first thread that was posted here on this forum regarding the Saddle Ridge Hoard that left the impression there was a Paquet in the Saddle Ridge Hoard. Here is the recent quote that suggested there may have been a 1861-S Pqquet in the Saddle Ridge Hoard:
"The Paquet double eagle is one of the most sought-after pieces in the series [of Liberty Head Double Eagles] and the recently discovered Saddle Ridge Hoard is said to have contained one of these rare coins."
October, 2014, "COINage" article titled, "The Other Double Eagle" by R.W. Julian at page 44.
<< <i>
<< <i>No -- there is no Paquet in the Saddle Ridge hoard. >>
Came across a print article suggesting there may have been a 1861-S Paquet in the Saddle Ridge Hoard. Curious if the author may have recalled this thread and made the assumption based on the question posed. >>
The answer to the question is yes. The comment “is said” implies an indirect source which may or
may not be correct. The article was written in late May 2014 when there was some uncertainty as
to the contents of the hoard.
<< <i>
<< <i>
<< <i>No -- there is no Paquet in the Saddle Ridge hoard. >>
Came across a print article suggesting there may have been a 1861-S Paquet in the Saddle Ridge Hoard. Curious if the author may have recalled this thread and made the assumption based on the question posed. >>
The answer to the question is yes. The comment “is said” implies an indirect source which may or
may not be correct. The article was written in late May 2014 when there was some uncertainty as
to the contents of the hoard. >>
Thanks so much for the informative response. Wow - I did not realize there was so much lag time between when article is written and when it reaches publication in a magazine.
over hyped, over priced, over graded
ANA 50 year/Life Member (now "Emeritus")
He stated that half the coins were sold on the first day, and after four months of the initial offering two-thirds of the coins had sold. A quick search of Amazon now shows 128 coins available (less than 10%), and four coins on eBay.
<< <i>Don Kagin’s new book included a chapter on the Saddle Ridge Hoard. Overall the chapter was a good summary, but I was hoping for more details on the hoard than what was presented.
He stated that half the coins were sold on the first day, and after four months of the initial offering two-thirds of the coins had sold. A quick search of Amazon now shows 128 coins available (less than 10%), and four coins on eBay. >>
Thanks for the added information.