Auction in the Heartland this last Wednesday...you won't believe....

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icsoccer
icsoccer Posts: 1,339 ✭✭✭
in U.S. Coin Forum
You won't believe the outcome of a Wednesday night auction this week.
Small town with @ 30 people attending an estate auction. $240 in silver 90% for auction...that seems to be what most came for. Auctioneer knew zip @ coins.
I looked over the lots and saw a couple of Lincoln boards that I thought would be fun to play with. Auction listed them having 10-s,11-s,12-s,13-s,14-s,15-s 22-d, 24d.
So I checked...yup all there..no 09-s's, no 14-d or 31-s. The boards were made by Kent Co, copyright 1934. After review I knew the first board was the better of the two.
Comes up and I buy it for 50% of what I was willing to give. The next lot was the second board.. I bid to what I paid for the first and it went for the next bid up...only $5 more than the first one. I figured that I got the good one and I really only wanted to play with one set. ...more to follow at end of auctioneer story...

The auctioneer in his opening remarks stated another auction would be coming in a couple of months. He had recently gone thru a home with a lawyer to prep the estate for sale. The estate was left by a 86 year young man..never married...no family. When they walked in the front door they found 7 safes...containing among other things 500 gold pocket watches. They then went to the kitchen...stopped in the door and they both turned to look at each other. The lawyer said "what do you suppose is in there?" He was looking at the refridgerator that was wrapped in 7 log chains and numerous locks. The auctioneer said "I suppose gold and silver". Well when it was opened it contained
over 600 "new" Morgan silver dollars and a bunch of gold coins. Lots of cc mint coins were in the lot. I thought this was a great story so I had to include it. By the way they found some burried safes in the front yard as well...they are still looking. I do believe this is an auction I will attend. OK to conclude my Lincoln story...

I have a nice registry set I am working on so I bought the board to play with the coins and work them into one of my lower grade sets. I got home and started to review the coins one by one since at the auction I only looked for the dates in the auction listing. This is where I found out...you might now something..but unless you use it...it means squat. I went thru the coins one at a time in year order. All were in the correct holes. The s coins were all vf/xf...nice original coins.
it went like this...1920, 1920-s,1920-d,1921,1921-s,1921-d, 1922, 1922-d, 1923....wait a minute...light bulb explodes in head....1922...there was a hole for 1922 and there was a coin in it. Grabbed glass and what do you know a 1922- no D.. While I was "thrilled" with my find...it took me only a second to start to lament I had not bought the other board.
If I had only used my eyes and brain... I might have scored 2x. Oh well...I am sending it in...looks like a nice Fine.

Happy Hunting
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Successful BST transactions to date: Coindeuce, Cohodk, dantheman984, STONE, LeeG, jy8s, jkal, SeaEagleCoins, Hyperion, silverman68,Meltdown,RichieURich,savoyspecial,Barndog

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  • coinman420
    coinman420 Posts: 4,666 ✭
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    we need pix
    my ebay items BST transactions/swaps/giveaways with: Tiny, raycyca,mrpaseo, Dollar2007,Whatafind, Boom, packers88, DBSTrader2, 19Lyds, Mar327, pontiacinf, ElmerFusterpuck.
  • Classof67
    Classof67 Posts: 1,502 ✭✭✭
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    Nice! And pixs, please!image
    GREAT BST transactions with Wondercoin, segoja, moderncoinmart, notwilight, wingsrule, 123cents, fivecents, hunted, alohagary, ibzman350, WTCG, sonofagunk, amigo, coincoins, dcgolfer, chumley, nycounsel, tootawl, guitarwes, kimber45ACP, Zubie, Egger, RYK, 1tommy, EagleEye, NEFPROLLC, jmdm1194, Coinfolio
  • icsoccer
    icsoccer Posts: 1,339 ✭✭✭
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    Photobucket down at the moment...have a couple of pics ready when I can connect.

    Photobucket is dead this am still! What gives?

    Photobucket now up..twitchy though.
    image
    image
    Successful BST transactions to date: Coindeuce, Cohodk, dantheman984, STONE, LeeG, jy8s, jkal, SeaEagleCoins, Hyperion, silverman68,Meltdown,RichieURich,savoyspecial,Barndog
  • LeeG
    LeeG Posts: 12,162 ✭
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    Congrat's on your find!! image
  • ksteelheader
    ksteelheader Posts: 11,777 ✭
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    image
  • 291fifth
    291fifth Posts: 25,218 ✭✭✭✭✭
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    Another hoarder dies with his hoard.

    You can't take it with you.
    All glory is fleeting.
  • seanq
    seanq Posts: 8,834 ✭✭✭✭✭
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    Many many moons ago I did the same thing at an estate sale. There was a group of old (1940s era) Whitman folders with various partial sets of Lincolns. Right there in the hole for the 1922 Plain was an honest-to-goodness 1922 Plain. I won the lot for $30 (this was.... 1992, IIRC?), sent the coin into ANACS where it graded "No D Good 4" (that's Die Pair #2, the good one), and I sold it for $150. Since I was about to graduate college, I used the money to buy a nice interview suit.

    I can't wait to see pictures of your find, and congrats on your good fortune.


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • Lakesammman
    Lakesammman Posts: 17,696 ✭✭✭✭✭
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    Cool story - looking forward to the pics. image
    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
  • Walkerguy21D
    Walkerguy21D Posts: 12,164 ✭✭✭✭✭
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    Great story, and great pickup! Back in my old town, the auctioneers there seemed to know enough that when any exceptional estate came in, they advertised it well enough that dealers/collectors from all over the state showed up image But that is fair for the estate, of course.
    Anyway, I don't know if QD Bowers is assembly a second book on Fabulous Coin Hoards (I thought I read somewhere that he was doing this), but this story would certainly qualify.
    Successful BST transactions with 177 members. breakdown, scotty1419, mattniss, bigjpst, onlyroosies, Manorcourtman, guitarwes, Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • WaterSport
    WaterSport Posts: 7,064 ✭✭✭✭✭
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    I am thinking this is a possible candidate for a YOU SUCK award image

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • EagleEye
    EagleEye Posts: 7,677 ✭✭✭✭✭
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    Please GoogleMap the location and date of the sale. image
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    Another hoarder dies with his hoard. You can't take it with you.

    For all we know he had been living off his hoard for decades. There's a lot of empty space in a chained refrigerator that contains only 600 "new" Morgans and some gold coins. Seems the guy lived within his means on his own terms and had some left over. Good for him. Sure beats running out of assets before you go.

    Funny that those passing on with millions in securities or cash are never chastised as being hoarders or leaving too much behind.....only the coin nuts or gold bugs.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • ajia
    ajia Posts: 5,411 ✭✭✭
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    Pictures.

    I've had 2 1922's that I thought were No-D, only to have them come back 'Weak D' image

    Still, great find.
    image
  • timcoin
    timcoin Posts: 674 ✭
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    Hmmm... Seems like a lot of fluff in that story. Reminds me of a used car salesman who tells you a car was previously owned by a 75 year old lady who only drove it to the grocery store and to church. I sure seem to get more and more cynical the older I get, and I'm not too sure if that is a good thing or not image

    Congrats on the cent board bargain!
  • pakasmom
    pakasmom Posts: 1,920 ✭
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    I do believe this is an auction I will attend. No kidding! Please do an "auction report" after that one and let us know if the auctioneer was exaggerating.

    Congratulations on your Lincoln score! image

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