CoinTalk

Welcome to Coin Talk! Register Now, it's easy and FREE!

Thousands of coin collectors, numismatists, coin dealers, bullion investors, and enthusiasts make Coin Talk their number one source for numismatic news, information about US and world coins, discussions and community.

You are currently viewing Coin Talk as a guest, which limits your access to content, contests and information. By joining our free community, you will be able to join in discussions, contact other members, place free advertisements, enter contests, and much more. Registration is easy and free. Register Now


Go Back   CoinTalk > Coin Forums > US Coins Forum

Notices

US Coins Forum This forum dedicated to the discussion of United States Coins.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 11-03-2009, 08:22 PM   #1 (permalink)
Rare coin dealer
 
Mark Feld's Avatar
 
Join Date: Dec 2007
Location: San Diego
Posts: 1,668
NGC certifies the 10 Langbord 1933 Saints

I think this could mean that a settlement regarding their ownership and disposition is in the works. Either way, this is good stuff!

http://www.ngccoin.com/news/viewarti...IDArticle=1389
Mark Feld is offline   Reply With Quote
Old 11-03-2009, 08:49 PM   #2 (permalink)
exsisto magister
 
LostDutchman's Avatar
 
Join Date: Jan 2009
Location: Indianapolis, IN
Posts: 1,166
My Mood:
Blog Entries: 1
Definitely a sign something is in the works....It's funny that the cert numbers are so high as far as the line item number are concerned... They also don't show up as searchable certs. Any thoughts Mark?
__________________
Matt Dinger
Lost Dutchman Rare Coins


LostDutchman is offline   Reply With Quote
Old 11-03-2009, 10:05 PM   #3 (permalink)
Rare coin dealer
 
Mark Feld's Avatar
 
Join Date: Dec 2007
Location: San Diego
Posts: 1,668
Quote:
Originally Posted by LostDutchman View Post
Definitely a sign something is in the works....It's funny that the cert numbers are so high as far as the line item number are concerned... They also don't show up as searchable certs. Any thoughts Mark?
I think that the high line number on the certs means one of two things: 1) a number of coins from the Smithsonian were submitted for grading along with the 10 1933 Saints, or 2) in this particular case, NGC didn't use consecutive ID numbers. I guess another possibility is that a LOT more than 10 1933 Saints were submitted



I'm guessing that the certs won't show up as valid ID numbers in the database until the ongoing legal dispute is resolved.
Mark Feld is offline   Reply With Quote
Old 11-03-2009, 09:29 PM   #4 (permalink)
Art
Numismatist?
 
Art's Avatar
 
Join Date: Jan 2004
Location: Florida
Posts: 896
My Mood:
That's very exciting news. Regardless of the final settlement, I'd hate to see anything happen that would result in these beautiful coins being destroyed.
Art is offline   Reply With Quote
Old 11-04-2009, 08:23 AM   #5 (permalink)
The Other Frank
 
Treashunt's Avatar
 
Join Date: Oct 2006
Location: New York
Posts: 16,658
Mark:
This may be a strange question, but why would the "secret service" want them slabbed?

Strange.
__________________
The Other Frank
"Buy The Book Before The Coin!"
http://www.whitmanbooks.com/Default....wUpcoming_1208
Treashunt is offline   Reply With Quote
Old 11-04-2009, 08:47 AM   #6 (permalink)
Numismatist
 
GDJMSP's Avatar
 
Join Date: Nov 2002
Location: PA
Posts: 23,503
Quote:
Originally Posted by Treashunt View Post
Mark:
This may be a strange question, but why would the "secret service" want them slabbed?

Strange.
Because - "This information is critical in establishing definitive pedigree information and authentication diagnostics for this rare issue,"
__________________
knowledge ..... share it
GDJMSP is offline   Reply With Quote
Old 11-04-2009, 09:12 AM   #7 (permalink)
The Other Frank
 
Treashunt's Avatar
 
Join Date: Oct 2006
Location: New York
Posts: 16,658
Quote:
Originally Posted by GDJMSP View Post
Because - "This information is critical in establishing definitive pedigree information and authentication diagnostics for this rare issue,"
hmmm.

so, if the government loses the case will they demand the cost of slabbing from the Langborns prior to returning the coins?

obviously + $20 face for each.

Idiots.
__________________
The Other Frank
"Buy The Book Before The Coin!"
http://www.whitmanbooks.com/Default....wUpcoming_1208
Treashunt is offline   Reply With Quote
Old 11-04-2009, 09:57 AM   #8 (permalink)
Jester in hobby of kings
 
vipergts2's Avatar
 
Join Date: Aug 2005
Location: Iowa
Posts: 5,386
My Mood:
It's good to see they were able to be documented and studied. I hope they come up with a positive settelment soon.
__________________
_____________________________________________
corn cam ( Great Iowa passtime)
"Life is to short for bad wine"
Viper
vipergts2 is offline   Reply With Quote
Old 11-04-2009, 10:01 AM   #9 (permalink)
Numismatist
 
GDJMSP's Avatar
 
Join Date: Nov 2002
Location: PA
Posts: 23,503
Quote:
Originally Posted by Treashunt View Post
hmmm.

so, if the government loses the case will they demand the cost of slabbing from the Langborns prior to returning the coins?

obviously + $20 face for each.

Idiots.
I think it more likely it was for future positive identification should the coins be returned to the Langborns. Thus if the coins enter the marketplace it can be determined if the coin in question is indeed one of the Langborn coins and not a different one.

I suspect they are trying to remove any possibility of additional unknown examples from entering the marketplace.
__________________
knowledge ..... share it
GDJMSP is offline   Reply With Quote
Old 11-04-2009, 10:20 AM   #10 (permalink)
Rare coin dealer
 
Mark Feld's Avatar
 
Join Date: Dec 2007
Location: San Diego
Posts: 1,668
Quote:
Originally Posted by Treashunt View Post
hmmm.

so, if the government loses the case will they demand the cost of slabbing from the Langborns prior to returning the coins?

obviously + $20 face for each.

Idiots.
My guess is that the government wanted the coins certified as a prelude to a possible settlement. Regardless, I wouldn't assume that NGC charged anything for the service. I have no doubt that they would be thrilled to do it for free.
Mark Feld is offline   Reply With Quote
Old 11-04-2009, 10:23 AM   #11 (permalink)
Senior Member
 
Join Date: Aug 2007
Posts: 577
TheBigH is offline   Reply With Quote
Old 11-04-2009, 10:31 AM   #12 (permalink)
exsisto magister
 
LostDutchman's Avatar
 
Join Date: Jan 2009
Location: Indianapolis, IN
Posts: 1,166
My Mood:
Blog Entries: 1
Quote:
Originally Posted by Mark Feld View Post
My guess is that the government wanted the coins certified as a prelude to a possible settlement. Regardless, I wouldn't assume that NGC charged anything for the service. I have no doubt that they would be thrilled to do it for free.

Yeah, I would think that having some of the rarest and most controversial coins in the world in your holders is pretty good advertising .
__________________
Matt Dinger
Lost Dutchman Rare Coins


LostDutchman is offline   Reply With Quote
Old 11-04-2009, 03:43 PM   #13 (permalink)
doggone it people like me
 
900fine's Avatar
 
Join Date: Jul 2006
Posts: 3,806
My Mood:
Quote:
Originally Posted by Mark Feld View Post
Regardless, I wouldn't assume that NGC charged anything for the service. I have no doubt that they would be thrilled to do it for free.
Right-o !

It's a major PR coup to be chosen to certify super mega-bombs like these. They're in the Top 5 most notorious, famous, high-profile coins anywhere - maybe #1.

I wouldn't be entirely surprised if NGC and PCGS had a bidding war for the privilege to slab 'em - that they actually paid for the privilege.
900fine is offline   Reply With Quote
Old 11-06-2009, 12:43 PM   #14 (permalink)
Numismatist
 
Leadfoot's Avatar
 
Join Date: Apr 2005
Posts: 5,617
My Mood:
Quote:
Originally Posted by Treashunt View Post
Mark:
This may be a strange question, but why would the "secret service" want them slabbed?

Strange.
Because the government sure would look silly if they were counterfeit.
Leadfoot is offline   Reply With Quote
Old 11-04-2009, 10:41 AM   #15 (permalink)
50 Years and Still At It
 
kanga's Avatar
 
Join Date: Jun 2007
Location: Maryland
Posts: 2,588
My Mood:
Since they have surfaced, I've wondered what the owner of the sole piece in private hands thinks.
He paid $7.5 million thinking there wouldn't be ANY more available.
Oops.
Now it's just one of eleven (for the moment).
I can see him wishing for the Gov't to win.
__________________
ANA Member
APS Member
ARA Member

There are 10 types of people: those that understand binary, and those that don't.
kanga is offline   Reply With Quote
Reply

Bookmarks
Would you like to support CoinTalk?

Coin Talk Code of Honor
1. Post unto others as you would have them post unto you.
2. Keep it clean, like a 1950s family television show.
3. If you don't like the coin, don't trash the person.

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Cracker’s Remorse – Second Thoughts on the Dansco 7070 U.S. Type Set illini420 Coin Chat 38 10-19-2009 08:08 PM
1879 - S Morgan opinions? PersianGuy What's it Worth 33 03-27-2009 04:44 AM
Fsh: New Ana Purchases! Many Rarities & Registry Quality Coins! Shortgapbob Open 0 08-07-2008 02:52 PM
Anacs zaneman US Coins Forum 93 07-28-2008 06:55 PM
Morgan Dollars pupa What's it Worth 4 11-10-2007 03:56 PM

» Newsletter
Sign up for CoinTalk's Newsletter
enter your email address below.
» Unanswered Posts
Do You Have the Answer?
» Sponsors

» Today's Top Posters
Top Posters in Last 1 Days
[22]
[21]
[16]
[16]
[15]
[14]
[13]
[13]
[12]
[12]

All times are GMT -4. The time now is 01:46 AM.


vBAdvertise v1.0.0 Copyright ©2009, PixelFX Studios
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
Copyright 2008 CoinTalk
"Wiki" powered by VaultWiki v2.5.0.
Copyright © 2008 - 2009, Cracked Egg Studios.