King Farouk collection of pennies & dimes

Grandpa · August 16, 2006 5:25AM

I have inherited a coin collection from my Grandfater (he passed away in 1969). In 1951 he purchased from B Max Behl pennies & dimes from King Farouk. The pennies are 1856 - 1949 and an assortment of dimes, the earliest is 1820. Is this collection better as a whole, since it was from King Farouk. Or it does not matter that it is from Farouk. I do have the invoice from the purchase.

Any info is greatly appreciated. I have much to learn about this collection this is just the begining.

Any advice on how to get the King Farouk pedgree attributed to these coins. I have contacted PCGS a couple of times, by email and the Q & A forum. I never got an answer, as to what I needed to do from PCGS.

HTubbs · August 16, 2006 5:26AM

have any pictures?

Grandpa · August 16, 2006 5:28AM

No pictures at this time. I

DorkGirl · August 16, 2006 5:38AM

I believe that if you can prove that they are from Farouk, they would carry a premium.

claychaser · August 16, 2006 5:48AM

Can you post a copy of the invoice?

Grandpa · August 16, 2006 5:49AM

I may be able to this weekend.

Coxe · August 16, 2006 5:56AM

Yes, the Farouk provenance adds a premium to those coins. Keep them together for now. If you are looking to sell them, a good firm, like Heritage or ANR, would provide you with excellent guidance is getting them consigned for the best prices on the market unless you found a top dealer or collector who would pay top dollar for the whole cart.

Bochiman · August 16, 2006 6:37AM

I agree with Coxe. If you can prove the provenance, and PCGS/NGC will attribute as such, they would likely bring more.
Whether as a collection or individually remains to be seen, but the provenance would do it.

Leiana · August 16, 2006 6:40AM

A penny from 1856? What kind?

-Amanda

PreTurb · August 16, 2006 6:42AM

Wow - cool! Be sure to keep the whole lot together for now. Would certainly command it's own section in a better auction sale.

MajorDuty · August 16, 2006 7:34AM

Did you know that guy once painted all 50 or so of his cars red, then had that color banned for all other vehicles in his country so when he was speeding along the police knew to not pull him over.

Coxe · August 16, 2006 7:36AM

He also cleaned and laquered his copper coins, though some people today like to dismiss that as a legend (usually folks who own such coins).

MajorDuty · August 16, 2006 7:37AM

I wonder if there is purple under that laquer.

StrikeOutXXX · August 16, 2006 7:48AM

Sounds like quite the collection you have there.

By chance is the date on the invoice 6/12/51? I think the invoice should be from B.M. Mehl.

Grandpa · August 16, 2006 8:23AM

Yes, the date is 6/12/51. How did you know that.

Grandpa · August 16, 2006 8:25AM

What is a provenance?

Grandpa · August 16, 2006 8:26AM

1856 flying eagle.

Leiana · August 16, 2006 9:56AM

<< 1856 flying eagle. >>

NICE!

That's an excellent coin.

-Amanda

DMWJR · August 16, 2006 9:59AM

<< Did you know that guy once painted all 50 or so of his cars red, then had that color banned for all other vehicles in his country so when he was speeding along the police knew to not pull him over. >>

It's good to be the king!

MacCrimmon · August 16, 2006 10:12AM

<< 

<< Did you know that guy once painted all 50 or so of his cars red, then had that color banned for all other vehicles in his country so when he was speeding along the police knew to not pull him over. >>

It's good to be the king! >>

Unless your name is King Charles I of Great Britain.

StrikeOutXXX · August 16, 2006 12:28PM

<< Sounds like quite the collection you have there.

By chance is the date on the invoice 6/12/51? I think the invoice should be from B.M. Mehl.

Yes, the date is 6/12/51. How did you know that. >>

Well, you said it was from the Farouk collection and 1951 and Behl (Mehl).

B. Max Mehl only did one Farouk sale in '51, which was 6/12/51. There is an auction catalog out there somewhere (You have this one Longacre?)

The catalog is 6/12/51 Sale #114 - King Farouk I of Egypt, 178pages - 2,685 lots. If someone has this catalog, and perhaps your invoice has the lot #(s) he won, they could give you a better idea of what your grandfather purchased.

Bochiman · August 16, 2006 12:31PM

Wow!

Cool collection and cool detective work on that auction/date!

StrikeOutXXX · August 17, 2006 12:17AM

Grandpa,

The catalog I mentioned can be purchased for $65 here: Karl Moulton - Coincats. He comes recommended by another forum member (Thanks Longacre).

If you plan on keeping the collection, or even if you are selling down the road, it may be beneficial to put the catalog with the collection if you can cross-reference the items.

JRocco · August 17, 2006 12:40AM

Hey grandpa,
Welcome.
First off- do not do anything too fast. It sounds like you have a great little treasure there and there will be many that will try to "help" you with these. Be careful and move slowly. Before you sell any of these coins (even to members on these boards) be sure you know what you are selling and what it may be really worth.
There are a lot of people that will "help you" by buying your $5000 coin for $1500 and convincing you that you got the long end of that straw.
Remember that "The rip" is all important to some at your/my/ or anyone else's sake.

Congrats on your little hoard and I may like to bid on some of these coins at some point in the future, but I want you to be the recipient of the profits.

partagas · August 17, 2006 12:56AM

Welcom3 Grandpa,

Word of advice, I would snag a copy of the original auction catalog to keep with your coins. it will further enhance the collections value when you sell it.

Also don't clean or do anything to the coins without an experts advice.

Conder101 · August 17, 2006 3:09AM

<< It's good to be the king! >>

Unless your name is King Charles I of Great Britain. >>

Or Louis XVI of France

jacktheknife · August 17, 2006 3:23AM

Wow, very cool thread so far. It will be fun to see how this all pans out. Especially with small cents involved!!

Jack

Conder101 · August 17, 2006 3:52AM

From that invoice date the coins, if they are from Farouk (it is possible that only part of the coins in the sale came from Farouk with the rest coming from other sources), would be from his duplicates, not the Palace collection which wasn't sold until 1954.

BigTom · August 19, 2006 4:47AM

WOuld love to see pics of these treasures.

RichieURich · August 21, 2006 10:25AM

Great story! I agree with the recommendation to not make any quick decisions on it. Keep us informed on how it works out!

Whizzard · August 21, 2006 10:52AM

Fascinating. We'd love to see pics!

Grandpa · October 7, 2006 12:12PM

Here is an update on my Grandfather's collection. I will be sending many coins to be grading in the next week or so.
I have not gotten the catalog for the King Farouk pennies and I have not attempted any photos.

Here we go with a short / brief idea of what we have. I am sorry , but I have not listed the mints, it would make this list too involved. If there are any questions about the coins I will attempt to answer them.
There are over 27,000 coins in this collection, with many, many pennies.
The collection will be split up 3 ways as soon as we have the coins back from being graded. Some of these may be sold, it just depends on who the coin ends up with.

Any selling sugestions will be greatly appreciated. But it will still be awhile before any will be sold.

First: the odd stuff: A Shekel, 1863 Civil war cents, 1/2 cent woods 1723, Pc of eight, 1722 Rosa Americana, 1787 Fugio cent, 1/2 cent Mass, 1883 hawaii Dollar, Half, & Quarter.

Second: Commemoritives 1892-1954 including the Quarter & Dollar

All the rest:

Pennies: 1794, 1798, 1800, 1802, 1808, 1814, 1816-1820, 1822, 1824-29, 1831, 1834-1965
Highlights 1922 plain, 1856 flying eagle,, 1909 s vdb.

Half cent; 1800, 1804, 1833, 134, 1856

.2 cent: 1864-1873

3 cent 1851-52, 1865-1876, 1878-1889

half dime 1839, 1840, 1843, 1845, 1849, 1853, 1854, 1856-1857, 1859, 1861, 1866-1873

Nickel: 1866-1921, 1923-1931, 1934-1964
Highlights 1937 3 legged.

10 cent 1805-1814, 1820, 1821, 1823-1825, 1827-1843, 1845-1866, 1868-1880,1882-1921, 1923-1931, 1934-1964

20 cent 1875

.25 1818, 1831, 1834, 1835, 1837, 1838, 1840, 1844, 1847, 1853, 1854, 1856, 1857, 1861, 1875, 1876, 1878, 1892-1921, 1923-1930, 1932-1964

half dollar: 1825, 1829-1832, 1834, 1837, 1838, 1862, 1898-1909, 1911-20, 1923, 1927 - 1929, 1933-1964, 1967, 1969

$1 1878-1904, 1921 - 1928, 1934-1935

SNMAN · October 7, 2006 12:21PM

HOLY CRAP, what a List

Hope you post grades and pics asap.

snman

lkenefic · October 7, 2006 12:31PM

StrikeOutXXX · October 7, 2006 12:45PM

Any selling sugestions will be greatly appreciated. But it will still be awhile before any will be sold.

I'm sure you will get some great advice on the best approach for the impressive collection you have there.

I am guessing since your Grandpa was buying coins from the Farouk collection, that the general feel for his collection is "High-End"? What percentage would you guess is MS+, XF-AU, and VF and lower?

DMWJR · October 7, 2006 2:45PM

Awesome!

goldisgood · October 7, 2006 2:53PM

I hope you have someone advising you besides the auction house you select. I bet you could negotiate some very favorable terms with a collection of this magnitude.

TheCaveTroll · October 7, 2006 3:10PM

<< Any selling sugestions will be greatly appreciated. But it will still be awhile before any will be sold. >>

That is a nice collection. I recommend contacting Leo Frese at Heritage Auction Galleries. He will be able to help you determine if Heritage's services would fit your need. They are a first rate organization, and even though my opinion is somewhat biased I think you will find plenty of others here who would agree with it.

Leo can be reached at: Leo@HA.com

Good luck!

WoodenJefferson · October 7, 2006 3:32PM

Insight Link to Farouk Collection of Coins

FYI

This is going to be intresting to say the least.

majorbigtime · October 7, 2006 11:05PM

<< 

<< Any selling sugestions will be greatly appreciated. But it will still be awhile before any will be sold. >>

That is a nice collection. I recommend contacting Leo Frese at Heritage Auction Galleries. He will be able to help you determine if Heritage's services would fit your need. They are a first rate organization, and even though my opinion is somewhat biased I think you will find plenty of others here who would agree with it.

Leo can be reached at: Leo@HA.com

Good luck! >>

I wouldn't rush to Heritage--you'll get 75% of what the buyers pay for your coins unless Heritage cuts you a deal. That sucks!

coinguy1 · October 7, 2006 11:44PM

Grandpa, that sounds very exciting. How are you making the determination as to which coins to send in for grading?

By the way, although I didn't know him because he died when I was one or two years old, B. Max Mehl was my great uncle.

fastrudy · October 8, 2006 12:14AM

Great article about Farouk and his coins here
Text

oops I mean here
1933 double eagle

sinin1 · October 8, 2006 3:02AM

nothing is more frustrating than sending in alot of coins that come back in bodybags

I would suggect having a numismatist looking at some of your coins and have them tell you how to determine if cleaned, lacquered, etc

cladking · October 8, 2006 3:12AM

It's odd that he'd have a '67 and '69-D half dollar and odder yet that
he'd not have the '65, '66, and '68-D.

Those are two halfs I've gotta see!

Welcome aboard.

StrikeOutXXX · April 7, 2007 12:54PM

Grandpa said it was ok to post his PM grading results for anyone else that was following along back when. Some very nice ones - too bad the other 30 didn't grade.

I sent a total of 81 coins to pcgs 51 came back with grades.
0.01 1856 PR61
0.01 1858 sm l MS61
0.01 1909S MS64RD
0.01 1909-S vdb MS64RD
0.01 1914-D MS64RB
0.01 1916D MS64RD
0.01 1919D MS64RD
0.01 1866 MS65RB
0.01 1867 PR64RB
0.01 1869 MS64RB
0.01 1870 PR64RB
0.01 1871 MS64RB
0.01 1872 MS64RB
0.01 1873 PR64RB
0.01 1875 MS65RD
0.01 1891 PR64RB
0.01 1909S IND MS64RB
0.01 fugio G-4 AU53BN
0.01 1955 dlbl die AU55BN
0.01 1914D VF20BN
0.02 1873 PR63RB
0.03 1886 PR65
0.05 1912-S MS64
0.05 1877 PR64
0.05 1886 MS64
0.05 1878 PR65
0.05 1879 PR64
0.05 1881 PR64
0.05 1919-S MS64
0.05 1921-S MS64
0.05 1937-D 3 legged Au53
0.05 1926-D MS63
0.05 1913 MS63
0.05 1913-S TY I AU58
0.1 1895S MS64
0.1 1873-S MS63
0.1 1863 PR63CA
0.1 1916-D VG10
0.1 1873 NO AR PR62
0.25 1927-S VF30
0.25 1935-D AU55
0.5 1935 Spanish T MS66
$1 1892S AU50
$1 1889-CC VF25
$1 1884S AU58
$1 1879-CC MS61
$1 1904S MS62
$1 1895-O AU53
2.5 1850-D XF40

As you can see, we did come get some very good coins back. Once we get them divided 3 ways. More coins will be sent, I sent the ones that had the top values. The 1922 No D cent, will probably be sent to auction.

pharmer · April 7, 2007 1:00PM

Very cool, thanks for sharing.

Grandpa · April 7, 2007 1:01PM

One coin was left off the list.
.01 1922 No D MSBN

and before I get qustioned about the 2 1913 Nickels. They were labled incorrectly. I thought they were Type II. But they are both 1913 and 1913 -s type I.

GoldenEyeNumismatics · April 7, 2007 1:08PM

Your lucky! I wish I had inheritted some of them!

Don't sell anything until your educated

STONE · April 7, 2007 1:24PM

Too bad those nickels weren't V-Nickels.

Anyway, those are some AWESOME coins and results.

joefro · April 7, 2007 2:28PM

<< are any of them for sale? >>

Nice coins and glad most of them got grades!

lordmarcovan · April 7, 2007 2:50PM

<< Yes, the Farouk provenance adds a premium to those coins. Keep them together for now. If you are looking to sell them, a good firm, like Heritage or ANR, would provide you with excellent guidance is getting them consigned for the best prices on the market unless you found a top dealer or collector who would pay top dollar for the whole cart. >>

Very interesting pedigree!

King Farouk collection of pennies & dimes

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King Farouk collection of pennies &amp; dimes

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King Farouk collection of pennies & dimes