Talk about buying the slab instead of the coin...

Discussion in 'US Coins Forum' started by StephenS, Jan 15, 2009.

  1. smullen

    smullen Coin Hoarder

    Doesn't have any impact on the thread, but I've been shopping with these guys locally for at least six years...

    They have always seemed nice and on the up and up... I'd be shocked to find out this was not on the level...

    I've been in other local coin shops and did not get the same feeling... At all..
     
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  3. mrbrklyn

    mrbrklyn New Member

    The link is currently down. What is the myth?

    Ruben
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    The link works fine for me.

    I was saying that it was a myth that any such gold coins sold as part of the GSA sales of the '70s was a myth. And it is a myth. But if you read Conder's and Zane's reply Ruben, that explains it.

    Auction company still has not answered my email to them.
     
  5. mrbrklyn

    mrbrklyn New Member

    The link wasn't working at 4AM. As I understand it, those GSA sales were in the 1990's?

    Ruben
     
  6. vipergts2

    vipergts2 Jester in hobby of kings

    This a brief history I found.

    GSA and U.S. Mint Sealed Dollars

    After an audit in 1964 revealed that the U.S. Treasury held millions of silver dollars, a comprehensive accounting and preparations for their disposition began. In a series of sales between 1973 and 1980, the GSA offered these coins at public auction. Coins deemed to be circulated were auctioned in 1973. These coins, unlike the uncirculated coins, were packaged in soft plastic sleeves with a white plastic GSA token. A certificate, bidding information card, and the sealed dollar were then placed inside a blue envelope marked, “United States Silver Dollar.”
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    Specifically which GSA sales are you referring to ?
     
  8. elaine 1970

    elaine 1970 material girl

    buy the coin instead of slab coin. try to learn how to grade. it is simple and easy.
     
  9. mrbrklyn

    mrbrklyn New Member

    The gold coins. What I read, however, was heresay.

    Ruben
     
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