Wow, what a submission - Is this a hoard?

jessewvu · March 16, 2021 4:16PM

Not mine...

Look at all the + grades on the first order in the submission!
https://pcgs.com/shared-orders/order-details/22167584

https://pcgs.com/shared-orders/order-details/22167570

https://pcgs.com/shared-orders/order-details/22167554

https://pcgs.com/shared-orders/order-details/22167540

https://pcgs.com/shared-orders/order-details/22167497

Zoins · March 16, 2021 4:35PM

Interesting, I didn't realized you could get NFC without Gold Shield.

bolivarshagnasty · March 16, 2021 4:43PM

I know it's probably done daily, but my heart couldn't take relying on the USPS or UPS to deliver 20 double eagles back to my home.

jesbroken · March 16, 2021 5:04PM

What do you that send high value coins to be certified/slabbed do for insurance during shipping. I mean proof of value if its never been graded. I understand a $100 coin but a $6k or higher coin that is only that value because of grade. How would you prove its grade to an insurance company such as USPS, UPS or other. I'm serious, I've never been in the position of a lost/stolen coin during shipment, but thought I had in my last submission of 3 weeks shipping. Thanks
Jim

AUandAG · March 16, 2021 5:05PM

I suspect these will be on TV soon.

bob

Smudge · March 16, 2021 5:22PM

@AUandAG said:
I suspect these will be on TV soon.

bob

I would bet on it.

MsMorrisine · March 16, 2021 5:35PM

I'm leaning to the tv guess

LanceNewmanOCC · March 16, 2021 6:45PM

@jesbroken said:
What do you that send high value coins to be certified/slabbed do for insurance during shipping. I mean proof of value if its never been graded. I understand a $100 coin but a $6k or higher coin that is only that value because of grade. How would you prove its grade to an insurance company such as USPS, UPS or other. I'm serious, I've never been in the position of a lost/stolen coin during shipment, but thought I had in my last submission of 3 weeks shipping. Thanks
Jim

professionally image and itemize the coins. take a video of packing up the order with the tracking/label information visible. consult an insurance company/dealer that has experience shipping such high-dollar orders.

Fishpro · March 16, 2021 7:01PM

Pictures of each coin before shipping,

MsMorrisine · March 16, 2021 7:03PM

don't really need pics of coins that are worth near melt. just need a list of dates, mm and coin types with numbers of each.

Tibor · March 16, 2021 7:08PM

Fairmont hoard??

pcgscacgold · March 17, 2021 1:39AM

This supports my move away from 1890 and up Double Eagles. Too many coins added to the pop numbers daily. So many more out there still to be added. Submissions like this make pops jump.

davewesen · March 17, 2021 5:18AM

Are these bulk submissions? I ask because the grades are all low to high.

Thrindal · March 17, 2021 5:29AM

@bolivarshagnasty said:
I know it's probably done daily, but my heart couldn't take relying on the USPS or UPS to deliver 20 double eagles back to my home.

If I could afford these coins, which I can't, I would either drive across country and deliver them myself or would hire someone I trust to do it. I know Fedex and UPS move incredibly valuable shipments of diamonds, precious metals, and other items on a daily basis but my heart couldn't take it.

ricko · March 17, 2021 5:57AM

While we do not know the details, I would bet these coins were not 'shipped' by USPS.... Likely a bulk submission delivered by hand/special courier. Cheers, RickO

jmlanzaf · March 17, 2021 5:59AM

@jesbroken said:
What do you that send high value coins to be certified/slabbed do for insurance during shipping. I mean proof of value if its never been graded. I understand a $100 coin but a $6k or higher coin that is only that value because of grade. How would you prove its grade to an insurance company such as USPS, UPS or other. I'm serious, I've never been in the position of a lost/stolen coin during shipment, but thought I had in my last submission of 3 weeks shipping. Thanks
Jim

You probably can't, at least not easily. You can, however, prove your purchase price which is likely what they will reimburse you.

jmlanzaf · March 17, 2021 6:01AM

@LanceNewmanOCC said:

@jesbroken said:
What do you that send high value coins to be certified/slabbed do for insurance during shipping. I mean proof of value if its never been graded. I understand a $100 coin but a $6k or higher coin that is only that value because of grade. How would you prove its grade to an insurance company such as USPS, UPS or other. I'm serious, I've never been in the position of a lost/stolen coin during shipment, but thought I had in my last submission of 3 weeks shipping. Thanks
Jim

professionally image and itemize the coins. take a video of packing up the order with the tracking/label information visible. consult an insurance company/dealer that has experience shipping such high-dollar orders.

I'm pretty sure that none of that is going to convince an insurance company that they should pay you $6k for a "lock 66" that you just bought for $2k.

jmlanzaf · March 17, 2021 6:05AM

@pcgscacgold said:
This supports my move away from 1890 and up Double Eagles. Too many coins added to the pop numbers daily. So many more out there still to be added. Submissions like this make pops jump.

I don't know. Given that there are 55,000 1900 DEs in 62 through 64, I'm pretty sure this submission hardly moves the needle. The pops are already so high as to make the designation meaningless.

logger7 · March 17, 2021 6:14AM

Common dates, basically bullion coins coming out of Europe when gold hit recent highs......Still there are many more Saints than $20 Libs.. PCGS has a good bulk price on submitting those, very competitive with NGC. Probably heading to cac next.

Jimnight · March 17, 2021 6:54AM

I'd be a nervous wreck with shipping.

MetroD · March 17, 2021 7:08AM

@Zoins said:
Interesting, I didn't realized you could get NFC without Gold Shield.

"Professional Coin Grading Service (www.PCGS.com) has announced that it will begin embedding Near Field Communication (NFC) technology in all its encapsulated coins, medals, tokens, and banknotes in October 2020. This revolutionary advancement launches after an initial limited rollout earlier this year with coins graded in PCGS Gold Shield holders to test compatibility and user response, both of which were overwhelmingly positive."
Link

MsMorrisine · March 17, 2021 7:11AM

CAC essentially bullion coins? nah.

logger7 · March 17, 2021 11:52AM

@MsMorrisine said:
CAC essentially bullion coins? nah.

To the Europeans where many $20 Liberties have been residing they were sold because gold spot was up; but yes, once they get graded by PCGS and cac you have a lot of $2200 plus coins. I'm not sure who will be marketing them as the auction costs take a big bite out of profits.

pcgscacgold · March 17, 2021 12:09PM

@jmlanzaf said:

@pcgscacgold said:
This supports my move away from 1890 and up Double Eagles. Too many coins added to the pop numbers daily. So many more out there still to be added. Submissions like this make pops jump.

I don't know. Given that there are 55,000 1900 DEs in 62 through 64, I'm pretty sure this submission hardly moves the needle. The pops are already so high as to make the designation meaningless.

I was looking more at the 1893, 95, 95S, 98, 98S coins and how many more of those have yet to hit PCGS? What if these had added 20 or30 more to 63/64 pops? 1900 DE's are bullion coins.

Wow, what a submission - Is this a hoard?

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