Do you know of any hoarded coins?

Barry · July 9, 2005 10:19PM

I posted this in the 50-D nickel thread, but it got buried.

One example today is the 1844 dime. While not common, it's not rare, either. Someone in CA has about 600 of them. He tried to sell the hoard a few years ago without success. Hopefully, he loses his shirt when he finally does sell, for trying to manipulate the market.

Anyone know of other currently overpriced, hoarded coins?

MAD4MORGANS · July 9, 2005 10:24PM

All of mine!!

ddink · July 9, 2005 10:38PM

The new bison nickels are pretty heavily hoarded, IMO.

DNADave · July 9, 2005 10:39PM

I have 14 1921 peace dollars. My own little mini hoard.

BTW, define hoard.

291fifth · July 9, 2005 10:54PM

A Detroit area collector has (or had) a large hoard of 1872 Indian cents, mostly in higher grades and very nice.

GaCoinGuy · July 9, 2005 11:07PM

My mom has a friend in NC somewhere that, along with her siblings, has found approximately 4 5gallon buckets of coins in their mothers house dating back to 1834. The house has been in the family for over 100 years. I'm hoping to help them in inventorying them soon.

ibzman350 · July 9, 2005 11:34PM

<< My mom has a friend in NC somewhere that, along with her siblings, has found approximately 4 5gallon buckets of coins in their mothers house dating back to 1834. The house has been in the family for over 100 years. I'm hoping to help them in inventorying them soon. >>

Now datz a lotta coins!!!

Herb

BillJones · July 9, 2005 11:42PM

I know that there were two big hoards of 1856 Flying Eagle cents. One hoard that was owned by a man named Rice contained over 750 examples. The Beck hoard, which had an overlap with the previous hoard might contained 1,000 or more coins. That was broken up in the mid 1970s.

Given the numbers the 1856 Flying Eagle cent is like the 1907 high relief double eagle. It's among the most expensive, not so rare coins, but its fame keeps the prices up.

Barry · July 10, 2005 12:24AM

<< The new bison nickels are pretty heavily hoarded, IMO. >>

Must be. I haven't seen one yet!

dthigpen · July 10, 2005 12:26AM

I'd tell you of one certain coin that is being hoarded, but if I did, I'd have to kill you...

Murphy · July 10, 2005 12:29AM

I know a nice local guy who has 2-rolls of 1972 Type-2 Ikes. (PCGS-Price Guide - Eisenhower Dollars) Said he's been searching for and collecting that specific variety for over 35 years

Gemini · July 10, 2005 1:03AM

<< 

<< The new bison nickels are pretty heavily hoarded, IMO. >>

Must be. I haven't seen one yet! >>

Ditto here...something tells me that these will be available in BU for eons...

GaCoinGuy · July 10, 2005 1:06AM

<< The new bison nickels are pretty heavily hoarded, IMO. >>

I have seen 1. Got it about a week ago.

GaCoinGuy · July 10, 2005 1:14AM

<< << My mom has a friend in NC somewhere that, along with her siblings, has found approximately 4 5gallon buckets of coins in their mothers house dating back to 1834. The house has been in the family for over 100 years. I'm hoping to help them in inventorying them soon. >> >>

<< Now datz a lotta coins!!! >>

I have seen 2 of the buckets. The story goes that as the siblings were cleaning out the house in preparation for their mother going into a nursing facility(she has alzheimers), they started finding coins and paper money stashed everywhere........in the seat cushions on the sofas, underneath drawers in the furniture, behind the pictures, in the baseboards........so far, they've been diggin them out for about 2 years. They've also found a violin that sold for about $15,000. Would love to get my detector in the yard.

coincollector1989 · July 10, 2005 1:21AM

I hoard all Kennedy half dollars that I come in contact with.

elwood · July 10, 2005 1:45AM

I know of many key and semi-key dates that are being hoarded. But I'm not telling

One example would be 74-CC Dimes. There used to be a hoard of 40-50, but I think it has been broken up by now.

Conder101 · July 10, 2005 3:20AM

I know a man who hoards 1803 S-262 large cents. He wanted to prove single handedly that it was NOT an R-5 coin (R-5, not more than 75 pieces known). It has been several years since I knew what his count was, but at that time he had 68 specimens. He HAS single handedly greatly raised the price of the coin. Since he has so many of them off the market it has greatly increased the demand level for the few remaining pieces available.

Coin Finder · July 10, 2005 3:41AM

I know of a dealer that has many g-xf svdb lincolns.

Someone is also keeping 55 DD lincolns.

Tbig

DennisH · July 10, 2005 4:27AM

A dealer friend has been helping a collector acquire XF-up 1916/16 Buffalos for many years.

A collector friend has bought every MS63-64-65 1880-CC 8/7 R78 (VAM 7) Morgan he has been able to find for the last five years or so. My guess is he has at least 50 of them by now.

jdimmick · July 10, 2005 4:40AM

A local dealer here I know has several hundred 1895-o Barber Dimes in AG thru XF. I have herd that he has several 1916's SLQ's??

Also, one other dealer I know has about 12 rolls of 1927-s SLQ's , only thing his are Good-Vf's mostly

streeter · July 10, 2005 4:58AM

What about the $4's in Switzerland?

The '13/14/15 50 cent pieces?

The 13-s Dime?

When you consider what a dealer could do with a hundred grand.....it would pay to do your due diligence when purchasing semi key and key dates.

Coinosaurus · July 10, 2005 5:21AM

Barry-

I have spoken with the California collector regarding the 1844s. My impression is that it was not about price manipulation at all. He just thought they were "cool", and was fairly familiar with the apocryphal lore which has surrounded the coin. I think if it was truly a market manipulation situation that none of us would know anything about it

astrorat · July 10, 2005 5:27AM

<<Do you know of any hoarded coins?>>

Yes . . .

Lane

OKbustchaser · July 10, 2005 9:25AM

I know a collector who has over 60 XF and above 1827 halves. (Actually, 63)...He shall remain nameless.

mojorizn · July 10, 2005 10:24AM

Working on my second roll of Flying Eagle cents as we speak.

Mojo

Longacre · July 10, 2005 10:29AM

I have tons of wheaties and memorial lincolns. Does that count??

Colorfulcoins · July 10, 2005 10:30AM

At one point, I started hoarding 1913-S Barber quarters (mintage 40,000). I had about 40 of them and had dreams of acquiring 400 (1%) but at a couple of hundred dollars each even for low grade examples, even my scant 40 pieces got too expensive - and 400 pieces would be over $100k worth! I gave up about 5 years ago and slowly sold them off.......

marmac · July 11, 2005 6:11AM

I have about a dozen 1903-s Morgans...a mini hoard that keeps growing slowly...give me twenty years and I will corner the market

Do you know of any hoarded coins?

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