Anyone find coins renovating old houses?

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DoubleEagle59
DoubleEagle59 Posts: 8,433 ✭✭✭✭✭
in U.S. Coin Forum
Anyone personally of have friends that have been so lucky to find money in old homes?

Here's something I heard last night, on the news here in Canada......

A man while renovating his old home in Eastern Canada (Nova Scotia) found a pouch of gold coins under the floor boards at the top of the main staircase in his home.

The broadcast did say there was twenty $20 US Gold coins found and the local appraiser (a coin dealer) had 'appraised' them at $20,000.00.

They briefly showed two or three pieces on camera and I saw an 1877 date and an 1866 date (both of which I don't know the mintmark and both were in approx. AU condition).

I thought to myself 'how lucky for the home owner and how lucky for the coin dealer if he can get them for 20 G's'. image
"Gold is money, and nothing else" (JP Morgan, 1912)

"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

"I only golf on days that end in 'Y'" (DE59)

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  • PerryHall
    PerryHall Posts: 47,748 ✭✭✭✭✭
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    << <i>The broadcast did say there was twenty $20 US Gold coins found and the local appraiser (a coin dealer) had 'appraised' them at $20,000.00. >>



    They're worth less than melt? Either this dealer is a crook or he is incompetent.

    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

  • DoubleEagle59
    DoubleEagle59 Posts: 8,433 ✭✭✭✭✭
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    << <i>

    << <i>The broadcast did say there was twenty $20 US Gold coins found and the local appraiser (a coin dealer) had 'appraised' them at $20,000.00. >>



    They're worth less than melt? Either this dealer is a crook or he is incompetent. >>



    I agree!!

    And with an 1866 in there too.

    Who knows what other good dates are in the lot.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • boucharda
    boucharda Posts: 2,941
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    I've lost some coin renovating my old house...never found any
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    My daughters used to think the heat register was a place to deposit change. They found that they could get a better return at the CoinStar™ machine.
    image
  • SaorAlba
    SaorAlba Posts: 7,593 ✭✭✭✭✭
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    Not renovating, but my house was built in 1933 and I have taken the detector into the backyard and found cents dated as early as 1917.
  • kevinstang
    kevinstang Posts: 1,521 ✭✭✭
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    I've found a few coins over the years while do renovation work at home, oldest I think was a 1917 wheat dropped down from a ceiling where it must have fallen through a crack in upstairs floor. I have spoken with several contractors and all say they find old coins while renovating, one even told me he has nearly 200 and was going bring them over sometime to have me look at them for any rare dates, but to date I haven't seen them.
  • Bjorn
    Bjorn Posts: 545 ✭✭✭
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    Sounds like some nice old gold!
  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
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    << <i>

    << <i>The broadcast did say there was twenty $20 US Gold coins found and the local appraiser (a coin dealer) had 'appraised' them at $20,000.00. >>



    They're worth less than melt? Either this dealer is a crook or he is incompetent. >>



    Then what would you value them at?
  • crypto79
    crypto79 Posts: 8,623 ✭
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    When we changed the windows at my parents house we found a penny form 1919 in the window closest to the cornor stone in the basement which is the year the house was built. AU details EV damage.
  • PerryHall
    PerryHall Posts: 47,748 ✭✭✭✭✭
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    << <i>

    << <i>

    << <i>The broadcast did say there was twenty $20 US Gold coins found and the local appraiser (a coin dealer) had 'appraised' them at $20,000.00. >>



    They're worth less than melt? Either this dealer is a crook or he is incompetent. >>



    Then what would you value them at? >>



    I'd have to see them and grade them before I value them but they should obviously be worth at least melt and they are probably worth a lot more than melt. Don't you agree?

    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

  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
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    I do agree but like it was said i would have to see the coins at hand first. As far as i know or anyone else knows they could be all in extra fine condition. Again, it could be just at melt value
  • MadMarty
    MadMarty Posts: 16,697 ✭✭✭
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    I know my dad put a 1957 Washington quarter into the concrete on the rear steps when he built the house.
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • crazyhounddog
    crazyhounddog Posts: 14,250 ✭✭✭✭✭
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    imageimage

    I think you can expect something like thisimage
    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • Lakesammman
    Lakesammman Posts: 17,696 ✭✭✭✭✭
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    I found 5c under a hot water heater last month in my rental - best I've ever done!

    image
    Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.
  • ziggy29
    ziggy29 Posts: 18,669 ✭✭✭
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    Yeah, we remodeled a bedroom in our house a couple years ago (built in 1944) so that two small, adjacent closets became one large one, and when we knocked out the wall which used to divide the two closets we found a 1974-D cent. Wheee!
  • partagas
    partagas Posts: 2,056 ✭✭✭
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    A few years ago I poster on these boards dad, had found an 1872-cc quarter. It later certified at PCGS VF35. His dad found it under some old steps that had been removed.

    Took it to one of the dealers in Nevada, I don't recall witch and was offered like 4k. I think he later sold it for around 7-8k.


    Edited to add link, to one of the original threads. 1872-cc
    If I say something in the woods, and my wife isn't around. Am I still wrong?
  • secondrepublic
    secondrepublic Posts: 2,619 ✭✭✭
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    Kind of related story, husband of my cousin who demolishes homes found an old wallet with two $100 bills from the early 20th century. But as it turned out, given their condition, they were not worth much over face value.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • metalmeister
    metalmeister Posts: 4,633 ✭✭✭✭✭
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    A local store out here was built during the gold rush. During a remodel
    a local contractor found a can in the crawl space. A few $5 indian gold and some nice nuggets.
    Probably an ounce or two. On local news few years back.

    I found a boxes of cancelled checks in the attic of a downtown commercial brick building
    during a remodel. Used to be a bank! Checks were dated 1880's! I left them there.
    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • Weiss
    Weiss Posts: 9,942 ✭✭✭✭✭
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    I've metal detected all of my properties and found several 20th century silver coins and jewelry.

    I've never found any coins inside save for the handfuls of clad when people move out.

    I had the pleasure of detecting my boyhood home (a massive Victorian) and found among other things a barber quarter that is still one of my favorite detecting finds. To think I'd had a barber quarter under my feet for the first 12 or 13 years of my life, 7 or 8 of which had been as a coin collector... image

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • lordmarcovan
    lordmarcovan Posts: 45,335 ✭✭✭✭✭
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    It happens. I have heard some cool stories, and even seen some interesting coins posted by members here. One guy a few years ago, who worked as a contractor, was always finding cool stuff like early large cents and so on.

    I've never found an old coin inside a house or cellar or anything, but haven't done that kind of searching much. Of course I've done well with my detector out in the yards of old houses.

    Collector since 1976. On the CU forums here since 2001.

  • coinnut
    coinnut Posts: 1,434 ✭✭✭✭✭
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    For the past 11 years I've been renovating 29 apartments in three different buildings. They were built in 1835, 1880 and 1890. Until last week I had found absolutely nothing after 27 renovations! Hard to believe. But in the one I'm currently working in I found silverware left behind by the previous tenant who had skipped out owing 2 months back rent and cashed it in for a cool $500.00. image
  • ziggy29
    ziggy29 Posts: 18,669 ✭✭✭
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    << <i>A few years ago I poster on these boards dad, had found an 1872-cc quarter. It later certified at PCGS VF35. His dad found it under some old steps that had been removed.

    Took it to one of the dealers in Nevada, I don't recall witch and was offered like 4k. I think he later sold it for around 7-8k. >>

    That was really cool. I love it when old rarities like these are rediscovered so another collector has the thrill of owning one.
  • 30AnvZ28
    30AnvZ28 Posts: 1,619
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    Fortune

    Remember this from Ohio a while back.

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