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Will all Coins of Significance™ eventually end up

Steve27Steve27 Posts: 13,275 ✭✭✭
in the possession of numismatic institutions?

A couple of weeks ago I went on a trip with members of my coin club to the American Numismatic Society in NYC. A one point they pulled out two draws containing about 50 patterns each. Needless to say, they were amazing, and one of the little boxes holding one of the patterns indicated it originally belonged to J.P. Morgan.

Later we had time to view a display they just set up. It consisted of over 40 Gobrecht dollars which had been donated by a collector (I believe his name is Korelin). They were awesome!

So eventually will all Coins of Significance™ be purchased by wealthy collectors who in turn will donate them to numismatic institutions?
"It's far easier to fight for principles, than to live up to them." Adlai Stevenson

Comments

  • Perhaps, but the question I really need to get an answer for, is how you did do that subscript font for "TM"?
  • joebb21joebb21 Posts: 4,772 ✭✭✭✭✭
    which maked the concept of actually having in your possesion the Coins of Significance™ so much more valuable

    the same is with the 2 1913 nickels (one of which will be for auction at the fun show!)

    3 in museums so the chance of owning one is less.
    may the fonz be with you...always...
  • I can donate a used car or truck and it can be tax deductable..I'm sure that any ..Coins of Significance™..would result in some beneficial way and also hold the donor up in a higher place in numismatic circles....
    ......Larry........image
  • Stack's last auction included a number of pieces being divested by the Maryland Historical Society, one of many such instances of coins previously impounded now available again.

    So I'd say the answer to your question is no.
  • Even if every Coins of Significance™ eventually ended up in wealthy hands, there are surely enough greedy heirs out there that would insure many of these coins would not end up "donated" to instituions.
  • ™ ™ ™
  • BearBear Posts: 18,953 ✭✭✭
    Not sure about the coins but I

    am pretty sure that most of

    us will end up in an institution.image
    There once was a place called
    Camelotimage
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™ ™

    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • PerryHallPerryHall Posts: 46,860 ✭✭✭✭✭
    I can't afford "Coins of Significance" so I don't really have a dog in this fight. image

    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

  • halfhunterhalfhunter Posts: 2,770 ✭✭✭


    << <i>I can't afford "Coins of Significance" so I don't really have a dog in this fight. image >>



    Guess we have "Coins of Insignficance™" image

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • CoinosaurusCoinosaurus Posts: 9,645 ✭✭✭✭✭
    Nah. Too many institutions need the cash instead.

    There is also the sad fact that some coins escape institutions by less legitimate means.
  • coinkatcoinkat Posts: 23,850 ✭✭✭✭✭
    I can't afford "Coins of Significance" so I don't really have a dog in this fight. >>



    Guess we have "Coins of Insignficance™"



    image


    On a note to make us all feel good about the hobby, there are significant coins from both a historical and artistic perspective that are inexpensive

    Experience the World through Numismatics...it's more than you can imagine.

  • jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i>Stack's last auction included a number of pieces being divested by the Maryland Historical Society, one of many such instances of coins previously impounded now available again.

    So I'd say the answer to your question is no. >>



    Really good point, in times of need I'm sure many of these institutions that hold rarities will sell off their holdings for other things deemed more important that the coins, depending who sits on the board of directors or whoever makes such decisions. ™
  • BaronVonBaughBaronVonBaugh Posts: 1,837 ✭✭✭✭


    << <i>in the possession of numismatic institutions?

    A couple of weeks ago I went on a trip with members of my coin club to the American Numismatic Society in NYC. A one point they pulled out two draws containing about 50 patterns each. Needless to say, they were amazing, and one of the little boxes holding one of the patterns indicated it originally belonged to J.P. Morgan.

    Later we had time to view a display they just set up. It consisted of over 40 Gobrecht dollars which had been donated by a collector (I believe his name is Korelin). They were awesome!

    So eventually will all Coins of Significance™ be purchased by wealthy collectors who in turn will donate them to numismatic institutions? >>




    No wonder that Gobrecht dollars are so expensive when so many are being kept out of the hands of collectors. They should sell 90% of those!
  • mr1931Smr1931S Posts: 6,414 ✭✭✭✭✭
    how you did do that subscript font for "TM"?



    çhå®ä©htèr mąp ¿¿¿¿

    ﭗﭜﭬﭩ ﭷﭹﷲﻚ

    image

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

  • CoinosaurusCoinosaurus Posts: 9,645 ✭✭✭✭✭


    << <i>

    << <i>in the possession of numismatic institutions?

    A couple of weeks ago I went on a trip with members of my coin club to the American Numismatic Society in NYC. A one point they pulled out two draws containing about 50 patterns each. Needless to say, they were amazing, and one of the little boxes holding one of the patterns indicated it originally belonged to J.P. Morgan.

    Later we had time to view a display they just set up. It consisted of over 40 Gobrecht dollars which had been donated by a collector (I believe his name is Korelin). They were awesome!

    So eventually will all Coins of Significance™ be purchased by wealthy collectors who in turn will donate them to numismatic institutions? >>




    No wonder that Gobrecht dollars are so expensive when so many are being kept out of the hands of collectors. They should sell 90% of those! >>



    So tell me, if the ANS puts the Korein collection on the block, are you going to pay their legal expenses when the family sues them?

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