i keep hoping to find proof 60 examples of 19th century coins but every time i find one they still want 25/50% over bid.
its off subject but i do wonder if the original dealer who they all came from original bought them legally or not
He bought them from a mint employee there is little doubt. The legality would come into play whether the mint employee legally owned them or not. Its like stolen goods, even if you buy them in good faith, you legally do not own them if the seller legally did not have clear title. I don't feel bad for his family. This dealer had a long history of buying mint products of "uncertain" status and profiting from them. As for the original topic, its hard with ancients. I very well could have coins where just 100 or less survive, but there is no way we know mintages. For US coins, IDK, I think my 1803 silver dollar had a smallish mintage. Thinking about it, it probably is one of my SL halves in the 1880's.
He claimed the mint cashier had them in his cash drawer and so he legally bought them. The mint disputes that saying that none of the '33 were released to any of the cashiers.
Yeah, but if you go back and look at his entire history, this coin dealer in Philadelphia had a long history of owning lots of items that appeared to be straight from the mint. His coin store I believe was only a few blocks away from the mint all of that time. Thats my view of it anyway. Why would the dealer, if he truly believe he had legal title to these, hide them away for 70 years before bringing the issue up? The only reason for that in my mind is to wait for any witnesses to die that could dispute his story.
I agree with you Chris. The guy was known to have brokered some shady deals. The mint/secret service hounded him but they could never get the goods on him. So when the daughter finds 7 '33's in a safe deposit box underneath something (scarfs or pocket books? Never saw that before) while looking for some jewelry who'd o' thunk?
I always wondered what the heirs would have done if they had won the legal battle with the US concerning these 33's legality. In my view, even if they had won, they then would have had to face the IRS. This man's estate did not declare I am assuming, (since his daughter just "happened to find these under a scarf"), the value of these coins in his final estate tax return, (and possibly state inheritance tax returns as well). Either way the US was winning that fight, either to declare these US property or to find the heirs committed tax fraud. In my mind, the US was right, too, since either way something underhanded was done. Not declaring 7 extremely valuable coins on his estate tax return is tax evasion and tax fraud. The only escape from that argument would be for the coins to be declared stolen property, as lucky for the heirs they were. I wonder what other items that family "overlooked" when filing his tax returns.
But Roger Burdette found documents that showed that pieces WERE turned over to the Cashier. He did have them in the cash office during the small time window when people could still exchange gold for gold.
NO DUPLICATE AT ALL! The Monalisa in Numismatist World! A super ultimate UNIQUE in 11c Double Denomination, with Two full dates 1995 Key date, 2 LIBERTY, IN GODWE TRUST,P Mintmark, VDB, Skull Beak A crack die variety, Lincoln Memorial Building split in half with. images of explosion at the step, FG Initial, El Plu,partial olive branch leaf, ONE CENT,ONE DIME, UNITED STATE of AMERICA, Accidentally Minted in US Mint, The (OBVERSE) TOP Two great Presidents Abraham Lincoln (Cent/Penny) and President Frank Delano Roosevelt (Ten Cents/DIME) voted by Presidential Historian Society among 41 President served in OVAL OFFICE. A plus this coin certified as 1995 Penny On Dime-ACG-MINT, in public at Maryland, Baltimore Coin Show on March 2000, by a Professional experts and Inventor of slabbing coins/cards , Mr. ALAN HAGER of ACCUGRADE. His Company start 1984, followed by PCGS 1986 after owner paid 100K for his expertise and his PATENT, then NGC 1987.
is this the one thats always on ebay for a million dollars or something with some story about how a man gave it to a guy who helped him?
Do you know how to check a Profile of a coin Talk member? I think the last time I put this One on eBay is Last January 15, 2012 ended. After I received an highest offered. I stopped putting this one on eBAY.. So almost 8 months pass now this coin is not on eBAY anymore...So I am not very sure about your question..
ive seen it on ebay several times always for an amazing amount of money, i am not sure of the time frame. i just know most error coins dont go for near as much as it was for sale for, with the possible exception of the 43 copper and 44 steel pennies
Ok, 8 months past this coin is not appearing on any auction house so you must seen some other coin errors.. That's all.