$10,000.00 Reward

Corbin · January 11, 2013 1:53AM

Calling All Coin Collectors and Treasure Hunters! PCGS is offering a $10,000.00 reward to anyone who allows us to verify a genuine 1964-D Peace dollar. This dollar is ranked #1 on our Top 100 Modern Coins List. For More Information, please go to: Top 100 Modern Coins. If you have any questions, we will get some answered on our Facebook and Twitter Pages. Good Luck and Happy Hunting!

My Best Regards,
Corbin

Onedollarnohollar · January 11, 2013 2:22AM

I'm coinfused....a 1964 Peace dollar that D Carr didn't mint? or is that what the "D" mintmark is all about?

mariner67 · January 11, 2013 2:26AM

The link nicely explains it all.
Not Dan Carr!

Broadstruck · January 11, 2013 2:39AM

<< I'm coinfused....a 1964 Peace dollar that D Carr didn't mint? or is that what the "D" mintmark is all about? >>

1964-D Peace Dollars - Do They Really Exist?

tradedollarnut · January 11, 2013 3:02AM

I'll pay $10,001 to see it first!

(just kidding - I wish PCGS the best with it!)

19Lyds · January 11, 2013 3:15AM

I'm really curious as to why neither Eisenhower Prototype were included on the list yet 1st Spouse Gold coins and common Silver Eagles were? PCGS and Mitch Spivac both know about the coins which to date are just as unique as the 1976 No S T2 Proof.

ModernDollarNut · January 11, 2013 3:43AM

Lee, agree. Of course, I may be slightly biased. . . Rob

CoinZip · January 11, 2013 3:52AM

<< I'll pay $10,001 to see it first!

(just kidding - I wish PCGS the best with it!) >>

now that made me lol out loud..........

originalisbest · January 11, 2013 3:58AM

Wouldn't this invite prosecution by the feds, of whomever might produce one for verification?

Wolf359 · January 11, 2013 4:01AM

<< Wouldn't this invite prosecution by the feds, of whomever might produce one for verification? >>

I think so. Good PR for PCGS though.

Steve27 · January 11, 2013 4:07AM

$10,000 seems low, that's what they offered in 2003 to see the "missing" 1913 Liberty Nickel.

BaseballAbs · January 11, 2013 4:24AM

It's probably going to take a bigger reward than 10k.

Halfsense · January 11, 2013 4:30AM

Here's a link to the PCGS news release announcing the reward and the new PCGS Top 100 Modern U.S. Coins list:

News release about Top 100 Modern coins and 1964-D Peace dollar reward offer

-donn-

magikbilly · January 11, 2013 4:35AM

I would ask more than $10,000. They would be getting reproduction rights of the images, all the data from the big scanner device...more. I'd ask a lot more.

"...that's the '64 thousand dollar question.""

Yes, that's a better number

Eric

drei3ree · January 11, 2013 4:47AM

WOW, that Top 100 list is controversial, starting with the 1964 coin after they say the modern era started in 1965. It goes down hill from there...by the time I got through the Hags, I was ready to hurl.

ambro51 · January 11, 2013 5:03AM

I think financial rewards alone would not coax a genuine piece out of the strong silent hands it is( would be) in. Once the public sees this reward offered they'll all run to eBay and buy Dans Overstrikes. Fully thinking they just got a deal

johnny9434 · January 11, 2013 5:21AM

If I had the 1964 D Peace dollar I dont think I'd be saying to much about that. I think that might turnout like the 1933 double eagles. jmo

Coinsponge · January 11, 2013 5:22AM

Once the public sees this reward offered they'll all run to eBay and buy Dans Overstrikes. Fully thinking they just got a deal

>>

Awe, don't burst my bubble.

Coinsponge · January 11, 2013 5:24AM

Thinking about this just made me realize how sad it would be to have such a coin and not be able to show it to anyone or sell it. That would be torture.

Stuart · January 11, 2013 5:36AM

It's nice to see that marketing techniques such as this one used by B. Max Mehl, that have proven to be successful in the past are still relevant, and are being used today.

bxb · January 11, 2013 7:23AM

Aren't they illegal to own?

tresgatos · January 11, 2013 9:52AM

Hmmmm... receive $10,000 to show coin; lose $1,000,000+ coin to Feds after they subpoena
PCGS for your name.
Decisions, decisions.

Rodebaugh · January 11, 2013 12:01PM

Thanks for the offer.

I'll look in my inventory and see if I have one.

roadrunner · January 11, 2013 12:12PM

Didn't work out so well for the 1933 $20's. And the Langbords didn't even get a "reward."

Billet7 · January 11, 2013 1:21PM

1964 isn't considered a modern. Moderns start in 1965.

Tiny · January 11, 2013 1:29PM

<< It's probably going to take a bigger reward than 10k. >>

Yes it will. Heck can't even think what the legal fees would and the bail amount to get ya out of jail.
Call me if you Go To Jail and I bond you out, it's what I do.

messydesk · January 11, 2013 1:52PM

<< Aren't they illegal to own? >>

Own? Essentially. Look at? No.

BAJJERFAN · January 11, 2013 1:56PM

<< Hmmmm... receive $10,000 to show coin; lose $1,000,000+ coin to Feds after they subpoena
PCGS for your name.
Decisions, decisions. >>

If PCGS solicits you to "cough up the coin" what leads you to believe that they will compromise your identity?

wondercoin · January 11, 2013 1:56PM

"I'm really curious as to why neither Eisenhower Prototype were included on the list yet 1st Spouse Gold coins and common Silver Eagles were? PCGS and Mitch Spivac both know about the coins which to date are just as unique as the 1976 No S T2 Proof."

I believe there are a few "tweaks" needed to this list, mostly typos I would imagine. The Tyler wives are transposed in my opinion (#54 and #70) and the mintage figure for Julia needs correcting. I can see an argument for the possible inclusion of a few coins that are not there now and the removal of a couple as well. The recently "sold out" Mint State Star Spangled Banner $5 Gold Commem at right around a 7,000 mintage is an example of such a coin that should probably be on this list now. I see no problem whatsoever with nearly any of the Silver Eagles listed .... perhaps coins #100 could be dropped down the road, but that is about it.

Lee mentions a couple very rare Ike varieties and there are also some other rare errors to consider (e.g. 1999 cent/dime mule that sold for huge money at auction). In fact, there are so many cool modern varieties and errors that it might even make sense to create a separate top 100 modern coin variety/error ranking as well ... food for thought.

Anyway, I commend PCGS for taking on this monumental task. It will certainly bring much needed attention to the exciting "modern" era coins.

Wondercoin

coinguy1989 · January 11, 2013 2:26PM

<< 

<< Wouldn't this invite prosecution by the feds, of whomever might produce one for verification? >>

I think so. Good PR for PCGS though. >>

Yes and the feds would likely have PCGS confiscate the coin and turn it over to them if they found out.

coinguy1989 · January 11, 2013 2:30PM

<< 

<< Hmmmm... receive $10,000 to show coin; lose $1,000,000+ coin to Feds after they subpoena
PCGS for your name.
Decisions, decisions. >>

If PCGS solicits you to "cough up the coin" what leads you to believe that they will compromise your identity? >>

Because PCGS could be held in contempt of court for failing to comply with a subpoena duces tecum or other subpoena, facing potentially large fines and even jail time for some PCGS officials.
I don't think it is any of the government's business, but if I were PCGS under the circumstances and received a subpoena, I would rat you out.

lkeigwin · January 11, 2013 2:56PM

<< "I'm really curious as to why neither Eisenhower Prototype were included on the list yet 1st Spouse Gold coins and common Silver Eagles were? PCGS and Mitch Spivac both know about the coins which to date are just as unique as the 1976 No S T2 Proof."

I believe there are a few "tweaks" needed to this list, mostly typos I would imagine. The Tyler wives are transposed in my opinion (#54 and #70) and the mintage figure for Julia needs correcting. I can see an argument for the possible inclusion of a few coins that are not there now and the removal of a couple as well. The recently "sold out" Mint State Star Spangled Banner $5 Gold Commem at right around a 7,000 mintage is an example of such a coin that should probably be on this list now. I see no problem whatsoever with nearly any of the Silver Eagles listed .... perhaps coins #100 could be dropped down the road, but that is about it.

Lee mentions a couple very rare Ike varieties and there are also some other rare errors to consider (e.g. 1999 cent/dime mule that sold for huge money at auction). In fact, there are so many cool modern varieties and errors that it might even make sense to create a separate top 100 modern coin variety/error ranking as well ... food for thought.

Anyway, I commend PCGS for taking on this monumental task. It will certainly bring much needed attention to the exciting "modern" era coins.

Wondercoin >>

Good points! Wrong thread.
Lance.

Frankcoins · January 11, 2013 5:22PM

This is the first time I can think of any company offering money to buy or even see something that has been ruled illegal. If you can go to jail for seeking drugs or a good time from an undercover cop, this is no different. And could attract scrutiny from the government that no one wants. Like WHAT OTHER illegal items has PCGS or CLCT seen. Are counterfeits turned into the Secret Service as the law requires, or are sent back to the submitters on the logic that people would be less willing to send in coins if they though they might not get them back, even in a body bag?

TwoSides2aCoin · January 11, 2013 9:10PM

I miss RWB. How about we take up a collection and put him on the board of experts here ?

PerryHall · January 11, 2013 10:04PM

<< I miss RWB. How about we take up a collection and put him on the board of experts here ? >>

There's a thread ATS (ATS means Across The Street or the NGC coin forum for the new members here) discussing this topic with Roger Burdett participating.

PerryHall · January 11, 2013 10:07PM

<< 

<< Aren't they illegal to own? >>

Own? Essentially. Look at? No. >>

How do you examine and authenticate this coin without "receiving stolen property" even if only temporarily?

darktone · January 11, 2013 10:21PM

Is this cash???

MacCrimmon · January 11, 2013 11:40PM

Will PCGS bring their TrueView™ and Sniffer setup to Switzerland to meet me at a secured location.

My people will meet you at the airport in Basel, confiscate your cells, passports, etc., and shuttle you from place to place for about 3 days, and then you get to view, image, and sniff the 64-D Peace. I'll pay any additional expenses (hotel, food) while you are my guests.

PCGS can bring David Hall, and any two of your numismatic experts.

Of course, any subterfuge attempts will result in a 'special' charter for my dear guests to either Saudi Arabia or Iraq, or maybe Yemen. In this case, you should prepare an explanation about how you arrived in an Islamic country with no passports.

Oh yeah, you can keep the $10k, and I hope you enjoyed your stay in der Schweiz!

percyb · January 12, 2013 12:52AM

I have a handful of VF 1922s I could part with. Any interest in them for $10K?

Darwin · January 12, 2013 1:56AM

Does anybody here remember Kent Hovind's $250,000 dollar reward?

Kent Hovind's offer

BAJJERFAN · January 12, 2013 2:05AM

<< 

<< 

<< Hmmmm... receive $10,000 to show coin; lose $1,000,000+ coin to Feds after they subpoena
PCGS for your name.
Decisions, decisions. >>

If PCGS solicits you to "cough up the coin" what leads you to believe that they will compromise your identity? >>

Because PCGS could be held in contempt of court for failing to comply with a subpoena duces tecum or other subpoena, facing potentially large fines and even jail time for some PCGS officials.
I don't think it is any of the government's business, but if I were PCGS under the circumstances and received a subpoena, I would rat you out. >>

I was looking at it from the standpoint that PCGS would not have any official record of ever having seen the coin. They would look at it, satisfy themselves that it is genuine and that would be the end of it. No grading, no cert number, no nuthin. You'd have to be a fool to agree to something like that.

DeliaBug · January 12, 2013 2:25AM

This is quite unethical. For a public company to freely and publicly state they would be complicit in a crime? If they're willing to violate the law for this, what else are they willing to do? Switch out a coin? Up a grade for some under the table cash? This makes me seriously consider not continuing to do business with this company.

BAJJERFAN · January 12, 2013 2:50AM

<< This is quite unethical. For a public company to freely and publicly state they would be complicit in a crime? If they're willing to violate the law for this, what else are they willing to do? Switch out a coin? Up a grade for some under the table cash? This makes me seriously consider not continuing to do business with this company. >>

There is no law against asking to see the coin/coins if it/they exist. In retrospect, Barry Berke would have been smarter to have PCGS authenticate the Langbord coins than to have the Government do it. The only thing that will save that situation is if some sympathetic appeals court judge rules that the Government failed to satisfy the CAFRA deadline and therefore they lose by default.

AFAIK if you witness a murder you are under no legal obligation to report it.

DeliaBug · January 12, 2013 3:04AM

<< 

<< This is quite unethical. For a public company to freely and publicly state they would be complicit in a crime? If they're willing to violate the law for this, what else are they willing to do? Switch out a coin? Up a grade for some under the table cash? This makes me seriously consider not continuing to do business with this company. >>

There is no law against asking to see the coin/coins if it/they exist. In retrospect, Barry Berke would have been smarter to have PCGS authenticate the Langbord coins than to have the Government do it. The only thing that will save that situation is if some sympathetic appeals court judge rules that the Government failed to satisfy the CAFRA deadline and therefore they lose by default.

AFAIK if you witness a murder you are under no legal obligation to report it. >>

For murder? Absolutely.
USC › Title 18 › Part I › Chapter 1 › § 4
18 USC § 4 - Misprision of felony
Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both.

For what is being proposed here:

An individual is complicit in a crime if he/she is aware of its occurrence and has the ability to report the crime, but fails to do so.

BAJJERFAN · January 12, 2013 3:15AM

<< 

<< 

<< This is quite unethical. For a public company to freely and publicly state they would be complicit in a crime? If they're willing to violate the law for this, what else are they willing to do? Switch out a coin? Up a grade for some under the table cash? This makes me seriously consider not continuing to do business with this company. >>

There is no law against asking to see the coin/coins if it/they exist. In retrospect, Barry Berke would have been smarter to have PCGS authenticate the Langbord coins than to have the Government do it. The only thing that will save that situation is if some sympathetic appeals court judge rules that the Government failed to satisfy the CAFRA deadline and therefore they lose by default.

AFAIK if you witness a murder you are under no legal obligation to report it. >>

For murder? Absolutely.
USC › Title 18 › Part I › Chapter 1 › § 4
18 USC § 4 - Misprision of felony
Whoever, having knowledge of the actual commission of a felony cognizable by a court of the United States, conceals and does not as soon as possible make known the same to some judge or other person in civil or military authority under the United States, shall be fined under this title or imprisoned not more than three years, or both.

For what is being proposed here:

An individual is complicit in a crime if he/she is aware of its occurrence and has the ability to report the crime, but fails to do so. >>

I stand corrected on the murder part, but if I had knowledge of a 64-D Peace buck, I'd have Sgt. Schultz disease.

devious · January 12, 2013 3:45AM

<< 
AFAIK if you witness a murder you are under no legal obligation to report it. >>

Don't take law from web forums, kids. Free advice...is worth its cost!

BAJJERFAN · January 12, 2013 3:49AM

<< 

<< 
AFAIK if you witness a murder you are under no legal obligation to report it. >>

Don't take law from web forums, kids. Free advice...is worth its cost!

>>

Warn't from either of those places.

Do you have a legal obligation to prevent it if you could? Does it qualify as failure to give aid?

braddick · January 12, 2013 4:19AM

<< This is quite unethical. For a public company to freely and publicly state they would be complicit in a crime? If they're willing to violate the law for this, what else are they willing to do? Switch out a coin? Up a grade for some under the table cash? This makes me seriously consider not continuing to do business with this company. >>

wondercoin · January 12, 2013 5:54AM

Deliabug: Even if you believed with all your heart that what PCGS was doing was just not right ... don't you think you could have used a bit more diplomatic terms in expressing your opinion on their corporate message board?

I believe DH reported yesterday at the luncheon that they already received an opinion from their attorneys that what they were doing was OK. I could be wrong on that, but I thought I heard that said by DH.

Anyway, on a related note, is it 100% certain that a 1964-D Peace Dollar is illegal to own by anyone out there under any circumstances?

Wondercoin

Coinsponge · January 12, 2013 7:57AM

<< Deliabug: Even if you believed with all your heart that what PCGS was doing was just not right ... don't you think you could have used a bit more diplomatic terms in expressing your opinion on their corporate message board?

I believe DH reported yesterday at the luncheon that they already received an opinion from their attorneys that what they were doing was OK. I could be wrong on that, but I thought I heard that said by DH.

Anyway, on a related note, is it 100% certain that a 1964-D Peace Dollar is illegal to own by anyone out there under any circumstances?

Wondercoin >>

I agree wondercoin. I would think the legality of ownership of such a coin would depend on the evidence given in a court.

mrpotatoheadd · January 12, 2013 9:19AM

<< Are counterfeits turned into the Secret Service as the law requires, or are sent back to the submitters... >>

If you sent a coin in to be graded in good faith, how would you like to have PCGS send it to the Secret Service instead of returning it to you so that you could take it back to the seller you got it from for a refund? Aside from that, what if PCGS is wrong in their "counterfeit" determination but you end up losing the coin anyway because it's not returned to you? It's not like PCGS is infallible, you know.

$10,000.00 Reward

Comments

Leave a Comment