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Do you think the mint or GSA has any old...

pennyanniepennyannie Posts: 3,929 ✭✭✭
Do you ever wonder or think if there is a hoard of seated half dollars or proofs of different years prior to 1933 sitting in a box in the corner or on top of a shelf somewhere in the mint? It would be cool if a large box of pre 1900 proofs of all denominations showed up. A nice sell of the loot would be cool. The killer tonning would be a plus. Do you think there is any fair amounts of unc coins laying around the mint somewhere?
Mark
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!

RIP "BEAR"

Comments

  • cheezhedcheezhed Posts: 6,021 ✭✭✭✭✭
    I sure hope so.
    Many happy BST transactions
  • PerryHallPerryHall Posts: 46,907 ✭✭✭✭✭
    Very unlikely.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • morgansforevermorgansforever Posts: 8,489 ✭✭✭✭✭
    <<Do you ever wonder or think if there is a hoard of seated half dollars or proofs of different years prior to 1933>>

    The Seated Half series ended in 1891.

    What's with the 1933 date?
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • RichieURichRichieURich Posts: 8,566 ✭✭✭✭✭
    The last time I asked them, they had only an original mint bag of 1933 Saints. imageimageimage

    An authorized PCGS dealer, and a contributor to the Red Book.

  • RWBRWB Posts: 8,082
    In the past, the mints did not like to hang on to coinage (or medals) that contained gold or silver – they had to account for the material in the daily reconciliation. However, technically samples were kept: they were put into the Philadelphia Mint collection and the cost was deducted from the collection’s budget.
  • lope208lope208 Posts: 1,960 ✭✭
    Good question, I was actually thinking about this last night in relation to what's sitting in governmint vaults!

    Does anyone believe there's much left anywhere? Or did they clean most of that out in the 80's?

    I would think somewhere, in some treasury vault, in some obscure town, there's some gems sitting around
    waiting to be found image I hope anyway!
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  • partagaspartagas Posts: 2,056 ✭✭✭
    One would have to surmise that they liquidated all this stuff in the GSA sales. It was a get rich quick scheme for the gov't and they sure did it.
    If I say something in the woods, and my wife isn't around. Am I still wrong?
  • WalmannWalmann Posts: 2,806
    The last major discovery of any proof by the Feds was at the Smithsonian Institution in 2004. The 1854-S $20 Proof was located, only one supposedly struck.
  • RWBRWB Posts: 8,082
    There could be small quantities of obsolete coins stored in the vaults of individual banks, S&Ls and safe deposit box companies. But that’s much more likely than something turning up in a Federal Reserve Bank or Treasury vault.

    As for the GSA sales – they consisted of silver dollars. The prices were consistent with market for the time, only you didn’t know what quality you were going to get. It was hardly a “get-rich-quick-scheme” for anyone. It was a much better approach than releasing bags of CC dollars to speculators at face value.
  • duck620duck620 Posts: 1,038 ✭✭✭✭
    only silver dollars.peace & morgans.image
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    You are more likely to find a bag in a bank vault somewhere else in the world.

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