Home U.S. Coin Forum
Options

Old New England Collection Yields 3 1907 High Relief $20's

2»

Comments

  • WHPRATTWHPRATT Posts: 114 ✭✭✭

    Hopefully no omega's :#

  • oih82w8oih82w8 Posts: 12,581 ✭✭✭✭✭

    @WHPRATT said:
    Hopefully no omega's :#

    Those would bring some good money as well...wouldn't they?

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • jwittenjwitten Posts: 5,232 ✭✭✭✭✭

    @oih82w8 said:

    @WHPRATT said:
    Hopefully no omega's :#

    Those would bring some good money as well...wouldn't they?

    Yep! I am in the process of trying to buy one currently..

  • WHPRATTWHPRATT Posts: 114 ✭✭✭

    @oih82w8 said:

    @WHPRATT said:
    Hopefully no omega's :#

    Those would bring some good money as well...wouldn't they?

    Not nearly as much as the real deal HR's.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭

    Amazing find @DaveWcoins! Just amazing.

    Great discussion on the term "stacking" as well.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited August 20, 2018 10:24AM

    @WHPRATT said:

    @oih82w8 said:

    @WHPRATT said:
    Hopefully no omega's :#

    Those would bring some good money as well...wouldn't they?

    Not nearly as much as the real deal HR's.

    LOL. Fortunately, when you hold one of these heavy, and beautiful fakes, most would never guess it was counterfeit. in the 1980's, I let a landlord hold mine (in a Capitol case) to cover a $500 security deposit on a rental house. He thought he had a 4K coin. B)

  • jwittenjwitten Posts: 5,232 ✭✭✭✭✭

    @DaveWcoins did you get the results from these yet?

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    In the 1980's, I went to Princeton, NJ with my dealer boss to examine four gem HR's that were handed down in the family of a former Treasury Dept. or Mint official. I can't remember how many we bought. :( I don't consider NJ to be New England. There must be another group further north.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited October 2, 2018 1:58PM

    MORE STORIES PLEASE! Anyone? Sorry, never mind.

    @CaptHenway

    Care to start a new discussion with this story and ask for more like it? Like when the '69-S DDO came up to DH's table out of the blue.

  • philographerphilographer Posts: 1,325 ✭✭✭✭✭

    @DaveWcoins said:
    ...This collection is a bit of a time capsule. It was formed by a president of a small bank in New England, who was employed from the 1920's through the early 1960's. It has sat in a safety deposit box since that time.

    He obviously was a bit of a collector. He must have had his tellers put aside any unusual coins and paper money they came across. Lots of really interesting stuff, but what might be the coolest (and certainly the items with the most monetary value) was this group of 3 high relief $20's...

    This jives with what I read in Roger Burdette’s @RogerB tome, “Saint-Gaudens Double Eagles”. On page 63 he writes about the 1907 High Relief: “Most coins were released to Subtreasuries for commercial distribution, but never made it past department managers, clerks, and tellers. These Treasury officials scooped up almost every coin that was shipped out and then resold them for $25 to $35 each....The entire issue became a non-circulating collectible that captured the public fancy for a few years...”

    This bank president had the foresight to capture these beauties, and then NOT let them go for a small profit.

    He who knows he has enough is rich.

  • jwittenjwitten Posts: 5,232 ✭✭✭✭✭

    I saw that posted today!! Gorgeous!

  • LakesammmanLakesammman Posts: 17,458 ✭✭✭✭✭

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • ProofmorganProofmorgan Posts: 813 ✭✭✭✭✭

    I saw that today and thought it might be the one. Surprised it didn’t CAC.

    Collector of Original Early Gold with beginnings in Proof Morgan collecting.
  • philographerphilographer Posts: 1,325 ✭✭✭✭✭

    @Proofmorgan said:
    I saw that today and thought it might be the one. Surprised it didn’t CAC.

    Is the assumption that if it’s not CACed, then it failed CAC?

    He who knows he has enough is rich.

  • thefinnthefinn Posts: 2,657 ✭✭✭✭✭

    @291fifth said:
    Quite a find. The high relief $20s look so much better than their low relief siblings. It is too bad they didn't stack well.

    They stacked just fine. It just took 5 to 8 strikes to bring up the relief. The stacking issue was the red herring.

    thefinn
  • PQueuePQueue Posts: 901 ✭✭✭

    RE: Is the assumption that if it’s not CACed, then it failed CAC?

    No assumption, seller states it did NOT CAC! >> "... high spots are very prone to rub if they are stored in an environment which doesn’t protect them. This is clearly the reason that CAC didn’t approve this coin ..."

  • CaptHenwayCaptHenway Posts: 32,715 ✭✭✭✭✭

    @philographer said:

    @Proofmorgan said:
    I saw that today and thought it might be the one. Surprised it didn’t CAC.

    Is the assumption that if it’s not CACed, then it failed CAC?

    Heck NO! The vast majority of slabbed coins will never be sent to CAC!

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • philographerphilographer Posts: 1,325 ✭✭✭✭✭

    @PQueue said:
    RE: Is the assumption that if it’s not CACed, then it failed CAC?

    No assumption, seller states it did NOT CAC! >> "... high spots are very prone to rub if they are stored in an environment which doesn’t protect them. This is clearly the reason that CAC didn’t approve this coin ..."

    D’oh I didn’t read the description closely. 🤪I was too busy in awe at the look of the coin!

    He who knows he has enough is rich.

  • ProofmorganProofmorgan Posts: 813 ✭✭✭✭✭

    Besides the description, it is very rare to find a coin of that caliber to not be sent to CAC given the upside, especially in a nationwide retail advertisement. Doug would not leave thousands on the bone for the minimal fee CAC charges. The early gold I collect typically is worth about 20-30% more stickered. It would be unwise not to make the attempt.

    There are always exceptions, but not typically with coins of that value.

    Collector of Original Early Gold with beginnings in Proof Morgan collecting.
  • TPRCTPRC Posts: 3,814 ✭✭✭✭✭

    Neat thread. The toned high relief looks really nice to me.
    I did not know copper stains could be removed easily, or that they might return. Nevertheless, I'm not afraid of dipping the right coin but I don' think I would ever dip gold. I don't like that dipped look on gold and, though I don't know first hand, that is exactly what gives gold the white look the at Bill refers to, correct?

    Tom

  • hchcoinhchcoin Posts: 4,837 ✭✭✭✭✭

    Great thread

  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭

    That is the best toning I've ever seen on a HR.

    Your next assignment is to find nice big bag of 1921 B)

  • philographerphilographer Posts: 1,325 ✭✭✭✭✭

    It’s on hold now. 😎

    He who knows he has enough is rich.

  • ProofmorganProofmorgan Posts: 813 ✭✭✭✭✭

    Anyone here buy it?

    Collector of Original Early Gold with beginnings in Proof Morgan collecting.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file