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How would I find the Value on Bank Bags That Held Gold Coins? Pics , If nothing else a Cool item
Smittys
Posts: 9,877 ✭✭✭✭✭
You can tell by my wireless keyboard it's a small bag
Not sure what the second smaller bag carried.
Where can I find the value of these if anywhere?
Thanks in advance for your help.
Not sure what the second smaller bag carried.
Where can I find the value of these if anywhere?
Thanks in advance for your help.
0
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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
<< <i>Put it on eBay and you'll find out what it's worth. >>
trying to find value to make a fair offer for them.
His Father had $1500 in them
==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades
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<< <i>To me, it looks too clean to be real... >>
It may have been laundered. ((Please insert money laundering jokes here.))
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
A tourist souvenir has to be colorful and artful, to catch the eye and make an attractive display piece.
But I can't think of any good reason a bank would pay for four-color processing to label something
as utilitarian as a bag used for shipping and storing coins or currency.
Such a bag wouldn't have to be pretty, or eye-catching, with ornamental typography and multiple
colors of ink.
It could be very plain and still get the job done.
The statement that "his father had $1500 in them" should not influence your offer at all as it can't be verified.
Think like a dealer (or pawn broker) not like a collector.
Looks like souvenier bags to me.
"Had $1500 in them" I hope that means he STORED money in them and not that he paid $1500 for them.
And how do you know they held gold coins?
<< <i>I saw a few at a flea market last weekend going for $5.00 >>
Were they for gold coins? Regular bags are fairly common while those for gold coins are not.
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
Next week two, Two ounce plus Gold Nuggets, already bought CC gold from the estate as well as coins bought from big name dealers.
Along with CC Dollars and More.
Everything else has been good so I'm that's why I'm leaning towards genuine .
I'm going to get the receipt of purchase on these bags, that a fairly good collector paid more than $1500.00 for.
Remember there are nice things in older collectibles as we all know.
I'll keep you all informed on what I find out.
Link
I don't know if this helps prove or disprove authenticity but at lease there are more out there.
<< <i>
<< <i>To me, it looks too clean to be real... >>
It may have been laundered. ((Please insert money laundering jokes here.)) >>
<< <i>My gut tells me to take this bag's authenticity with a grain of salt.
A tourist souvenir has to be colorful and artful, to catch the eye and make an attractive display piece.
But I can't think of any good reason a bank would pay for four-color processing to label something
as utilitarian as a bag used for shipping and storing coins or currency.
Such a bag wouldn't have to be pretty, or eye-catching, with ornamental typography and multiple
colors of ink.
It could be very plain and still get the job done. >>
Great assessment, and I agree
BHNC #203
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
Make sure you mention that their authenticity is in question.
However, mint bags have the year and denomination printed on them and the gold coin bags are numbered. In addition, these bags were usually burned to recover the gold that had rubbed off the coins onto the inside of the bags.
Bank bags, on the other hand, go for a fairly modest sum.
I paid $8 last week for a bag that was about the right size to hold 100 silver dollars (and has $100 printed on it).
I would check eBay to see if any bags like yours had sold recently, but I wouldn't expect they would fetch that much. Frankly, I's surprised that the bag Nag linked to fetched $400.
Check out the Southern Gold Society