Where do MS66 Saints come from?
philographer
Posts: 1,316 ✭✭✭✭✭
Not counting the Wells Fargo hoard, when you see an accurately graded MS66 Saint today, what do you believe the coin's history to be?
1. Obtained directly from a cashier at the mint or from a fresh roll at the bank and put away for the past ~100 years by a collector (and his descendants)
2. One that was likely an old birthday or wedding gift given fresh in 1928 until emerging untouched from a safe deposit box 50+ years later
3. From a hoard of MS66's? (a la Wells Fargo)
4. One that’s been on the "coin circuit" for generations
5. One plucked relatively recently--somehow unscathed--from bags of gold shipped to Europe
Considering how soft the metal is, the large size of the coin, and how many years it has been since these were produced...I really wonder how so many of these remained so nice. Where do most of them come from—or are there dozens of answers?
What do you think?
He who knows he has enough is rich.
0
Comments
but not just recently;
$20's have been imported
from Europe in high grades
since the early '70's..........
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
BHNC #203
Good thing you specified "accurately" graded MS66 saints. Otherwise my answer would have been: from the previously existing pool of accurately graded MS65 saints.
<< <i>Europe, in all probabiliy,
but not just recently;
$20's have been imported
from Europe in high grades
since the early '70's.......... >>
I read somewhere that quite a few came from bank hoards in South America.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Hoard that was handled by MTB in NY.
Other amounts have come out of SA,
but not in that kind of large quantity.
I remember back in 1976 buying, thru
a Bank in Zurich, 500 1875 $20 Libs,
all BU to CH BU - had 'em shipped directly
to NY (it was just before the ANA there),
and sold 'em at my table (Numismatics, Ltd.)
They went like hotcakes......they were
fresh and crisp....
<< <i>Legend Numismatics
I see a "chatroom chimp" in the making. And a rather obsequious one at that
<< <i>
<< <i>Legend Numismatics
I see a "chatroom chimp" in the making. And a rather obsequious one at that
Excuse my ignorance and lack of using google to see what obsequious means... Now I have taken 3 college English classes and I have never even heard of the word.
Successful BST Transactions!SIconbuster, Meltdown, Mission16, slothman2000, RGjohn, braddick, au58lover, allcoinsrule, commemdude, gerard, lablade, PCcoins, greencopper, kaz, tydye, cucamongacoin, mkman123, SeaEaglecoins, Doh!, AnkurJ, Airplanenut, ArizonaJack, JJM,Tee135,LordMarcovan, Swampboy, piecesofme, Ahrensdad,
<< <i>
<< <i>
<< <i>Legend Numismatics
I see a "chatroom chimp" in the making. And a rather obsequious one at that
Excuse my ignorance and lack of using google to see what obsequious means... Now I have taken 3 college English classes and I have never even heard of the word.
He is calling me a kiss-a$$.
(I have only taken two college English classes
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
<< <i>Excuse my ignorance and lack of using google to see what obsequious means... Now I have taken 3 college English classes and I have never even heard of the word. >>
Maybe it's time to seek a tuition refund....or take No-Doz before class.
Back to the subject: I agree that the vast majority of MS66 Saints available today spent many years in Europe, going there in the early 1930's as the European banking system experienced its own financial problems.
Jim
<< <i>In the early 1980s while in Spier, Germany a bank there had rolls of gem Morgan and Saints. Several banks I visited in Germany had them, but the one in Spier was the one I purchased from. They were selling them individually or by the roll. Unfortunately, as a young soldier, I only had money to purchase Morgans. This, to me, confirmed the stories I had heard growing up about coins being shipped to Europe earlier. >>
That is awesome. MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>In a few years from now, China
That day has already come.
In one Simpson's episode, Homer secretly owes money to Patty & Selma, who then force him kiss up to them and do other distasteful things. The quote from the show, Patty and Selma say to Homer, - "you can't spell obsequious without IOU."
<< <i>
<< <i>In a few years from now, China
That day has already come. >>
Really? Have there been any documented cases of TPG slabbed MS66 Saints from China?
<< <i>Europe, in all probabiliy,
but not just recently;
$20's have been imported
from Europe in high grades
since the early '70's.......... >>
Successful Trades: Swampboy,
<< <i>
<< <i>Legend Numismatics
I see a "chatroom chimp" in the making. And a rather obsequious one at that
<< <i>Legend Numismatics
They get all their's from the bean factory. The % of beaned MS66 saints is quite small. It might be one of the very toughest coins/grade to get beaned.
I did much better in getting my $20 Libs stickered whether circulated or mint state and got over 80% of them stickered and did the same thing; horse trading the 20% into ones that were good enough to sticker.
Interestingly, I was able to get PCGS and NGC to remove putty and/or PVC on a few of the
the misc old ones and most of them were good enough to reslab at the same grade and then sticker.
My impression is that high quality MS-66 Saints are located in many hands everywhere.
<< <i>
<< <i>
<< <i>Legend Numismatics
I see a "chatroom chimp" in the making. And a rather obsequious one at that
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire