Anyone ever heard of the Federal Coin Fund, Dover DE?
Hyperion
Posts: 7,444 ✭✭✭
I just got one of those coworker: "hey, you like coins, can you check these out for me?" situations. I wont go into the long of it (they had some NICE mint items in there and lots of original silver and mixed moderns)... I did see a few weird items from the Federal Coin Fund. To me, looked like way overpriced type things which were targetted at not sophisticated collectors. Just curious about the history of the company..... (It looks like the original collectors wife bought them as gifts for him 
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On a brighter note, there were 3 packaged silver coins (86 ASE, Morgan, Peace) which were common, but took MAGNIFICENT toning from the cardboard packaging! Im going to borrow the 3 coins to take home to image and share here!
)On a brighter note, there were 3 packaged silver coins (86 ASE, Morgan, Peace) which were common, but took MAGNIFICENT toning from the cardboard packaging! Im going to borrow the 3 coins to take home to image and share here!
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TD
<< <i>Pretty sure that's just one of the telemarketers.
TD >>
From the paperwork she left with the coins themselves, absolutely.
I wont tell you what was paid for the 1 lb silver round in the shape of an ASE
I'll resurrect this Federal Coin Fund post as a crosspost with the precious metals forum to get more eyes on it. I have a similar question about the origins & legitimacy of my 1 pound silver round I purchased in 2019 without a box, COA or any indication of silver fineness on the edge. Any additional help would be great. Full disclosure, it cost me $215, the edge has a serial number of 3171, and it was massed at 373+ grams.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
Let us know what you guys find out.
Wayne
Kennedys are my quest...
1 lb. let’s see 16oz? No 12 troy. Ok now 373 grams 31gms troy oz ? 31 x 12= 372. so looks like troy no wait …for troy is 31.01 only adds .12 to total. Sooo sounds kinda ok weight wise 🤠
🎶 shout shout, let it all out 🎶
What's the story on the real Morgan dollar? It looks to be very nicely toned from what I can see.
Not sure about the silver dollar.... but since this is a resurrected 1 1/2 year old thread since the last entry.... I'm sure it has even more toning.
It's .999 fine silver worth spot.
ANA 50+ year/Life Member (now "Emeritus")
Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
I bought more than a dozen or so of Fed Coin Fund's Pound Proofs decades ago when I had money burning a hole in my pocket. Recall paying about $250 ea with tightly-fitted covers and COAs. No probs with their Cust Serv; had one coin arrv with a tiny dented edge and a couple without cases, that FCF sent some cases soon afterwards.
Never tested any of them, as I had no reason to question their quality, but I got them for their aesthetics anyway. Would Not recommend them as investments because took about 40yrs to appreciate from $250 to $500 ea; would've done much better in stock and/or real estate mkts.
Am disappointed that they don't have a website that I could've dwnld info from, since I'm in the Winter of my life and am selling them now. Give 8 to kids and friend so far. Am being quoted about 90% of spot from coin dealers with emailed pics only (no physical exam).
90% isn't bad considering they do not have .999 on the item itself
due to issues recently, the big guys are looking for marker silver or coins with known silver content