I just went back and read page 1. The big question now is.......What did you have it insured for!?! Yikes!
Thank you very much VESS1. I'm glad too that I'm not in his shoes. My opt would be to sell it ASAP but for the price we, my wife, want. Yet my daughter is stashing all her coins for her kids. 1900 to 1975 ninety percent silver common stuff though. So maybe my friend plans to do that too. zeke
I think the OP should contact NGC regarding the story as this is the type of thing they would write up and put on their website and other news releases. Maybe even get it published in the coin mags too.
I don't want any notoriety for him or for me. We think anomnimity is important at this time. So PLEASE do not spread the word any farther than it has already gone. Vess1 I sent it Registered Mail and insured for I thought $30,000.00 but the receipt said $25,000.00. Cost: about $56.00. I believe NGC will do the same as per the submittle form.
Just read the entire thread...what a find! that must have been an incredible experience for both of you, something MOST of us could only dream of! If it was mine, I would keep it...because there is absolutely no way I could ever get another one if I sold it!
G-Man my heart was pounding too. I kept saying " this is way out of my league". I checked the characteristic and diagnostics of this coin many times. I compared it with other graded cones and I changed my mind a lot about what grade it should be. I decided AU50 was the right grade but what do I know. When the image came back the first thing I saw was the very top of the slab and I took a deep breath realizing it was authentic. Slowly I scrolled down to see the grade expecting EF-40.. Then I saw AU and said " I knew it, I knew it!". But then I saw the ' 55 '. and realized what that meant.. The Black Book doesn't go that high. It just says RARE. After checking NGC AND PCGS I went to Heritage and compared realized prices. Possible $50K BUCKS. What a ride. I thank the Lord for being in the right place at the right time. zeke
Awesome and congrats!!! I look forward to seeing it up at auction in the near future... hopefully at one of the Long Beach Heritage auctions so I can take a look during lot viewing!!!! :thumb: Maybe I missed it earlier in the thread, but what is the story of how your friend came to be in possession of these coins??? Were they inherited?? Found inside an antique jewelry box?? Purchased from a dealer at a coin show who didn't know how to read mint marks?? Something else???
As far as I know Illini420, the were passed on to his wife by her father. How long he had them and how he got them I have yet to find out. There might a nice interesting story there. You have me curious now. You what gets me is if he was a collector, even casual sorta like me, is that he didn't tell his daughter what they were worth even if she inherited them via his death. He should have left notes or labels. Doesn't that seem sort of strange. Maybe he wasn't a collector and didn't know the value of these coins either. Somebody must of had to know, don't you think? I'm going to ask my friend about this. I'll post what I find out.--- zeke
Well I asked my friend what the family history was and how come the value wasn't passed on down to his wife. The answer is that is all they know. His father-in-law never gave them any info about the coin/s. I guess this is the end of this thread unless he is going to sell it soon. He really has no more need for me.................... zeke
Green: I know how you feel--- In my family the only good thing to do with coins was to spend them. Including mine.
Does anyone know how long a registered insured paackage takes to get from Sarasota, FL to Newburgh, NY. The post office tracking number is of little use. USPS just says it left their Saraota facility on 5-05-2010 at 4:21pm. Then nothing has changed since then. Today is the 13th, sort of my lucky number, that makes it a full week of not knowing where it is or when it will arrive or if it will arrive. I'm not too antsy, am I. What's the longest any of you has ever waited for you coin/s to come back to you via registered mail?
Registered mail typically takes about a week to go up/down the east coast. I wouldn't be worried yet. In fact, I wouldn't be worried at all. I've not heard any accounts of lost registered mail.