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Buy the bag, not the coins

DCWDCW Posts: 7,697 ✭✭✭✭✭
in U.S. Coin Forum

An empty canvas bag from the New Orleans Mint was auctioned off by Heritage the other day, and it sold for strong money. Very cool piece of history, but I have to wonder what the old mint employees would think if they could see what the future would bring?

Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."

Comments

  • OnastoneOnastone Posts: 4,207 ✭✭✭✭✭

    Needs to be slabbed n' stickered.

  • ARCOARCO Posts: 4,435 ✭✭✭✭✭

    @Onastone said:
    Needs to be slabbed n' stickered.

    XF45 IMO.

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    Congrats to the consigner who not only got rid of his Old Bag but did well.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Amazing... I have a lot of old stuff.. even some bank bags.... I guess I have an untapped fortune just collecting dust :D:D Yeah... right.... Junk is junk until the right buyer comes along.... I have reached old age waiting for that 'right' person... :D;) Cheers, RickO

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited June 11, 2019 4:10AM

    Original US Mint bags have long been popular conversation pieces and additions to educational displays. Ordinary bank and FRB bags and not of much interest.

    Most US gold bags sent to Europe were destroyed so that gold flecks could be recovered.

  • mustangmanbobmustangmanbob Posts: 1,895 ✭✭✭✭✭

    It will reappear on ebay, filled with ???, sewn shut,

    "Original unopened New Orleans Mint Sewn Bag"

    "1000 Silver Dollars"

    $125,000

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