How many coins make a hoard? Requirements for personalized labels from graders?

Discussion in 'Coin Chat' started by playpossum0985, Oct 3, 2012.

  1. playpossum0985

    playpossum0985 Global Cooling Protester

    Ok here's a long story, but its a good one so bear with me. My grandfather is 90, he is truly a model for the Greatest Generation! Born in 1922, raised during the Great Depression, He left home in North Dakota when he was 14 and joined the CC Corps and helped build our National Parks for $9 a month, his Parents recieved $19 a month for loaning him to the Government. At age 17 he joined the U.S. Army, When WW2 hit he was sent to Guadalcanal where he was wounded when a mortar round went off in the tube of the launcher they were firing, he was the only survivor. He woke up in a hospital to a woman touching his hand, as he tells it, " I felt a womans hand touching mine and opened my eyes to the uglyest woman he had ever seen, Elenanor Roosevelt!" Thats a cool war story! Anyway when he returned to civilian life he got into juke boxes, pinball and vending machines until his retirement in the early 90's. When he was running the money through the counting machine he would swap out his washingtom Quarters for the old liberty's as well as Buffalo nickles and murcury dimes. When silver coins were taken out of production in the 60's he started buying them back from the vending machines at face value and just bagged them for the melt value. He was pretty much just building a little nest egg for him and Grama. When he filled a bag he would tie it up with wire and put it in his safe. Fortunatly he has never had to cash any out and still has about 20+/- full bags still stuffed in the safe. Along with 5 100 ounce silver bars he bought from the Sunshine Mine in the 70's for around $4 an ounce. When Silver hit $50 he did a little math and said what we all would say, "d**n, I should have bought more"! He still has many years left in him, and I've given him coin books and tried to get him into going through them just as a hobby, but he's not one to sit down for any lenght of time, an example to us all! When his day finaly comes I want to go through them and and get the good ones slabbed, probably by NGC. Does anyone know if there is a minimum amount of coins they will take for a personalized label or hoard designation?

    P.S. Thanks to all for the knowledge I have received from this site!!!
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    There are no rules for calling a group of coins a hoard. Sometimes even a small group of 30 coins is called a hoard and other times there are a thousand coins or more. It sometimes depends on what the coins are as well. Example, if the coins fairly scarce, then a small number of them might be considered a hoard. But if the coins are very common, then it would usually take a large number of them for anyone to call them a hoard.

    As for the slab label you ask about, to my knowledge all you have to do is pay for it to get it. I think you can find out how much on the TPG web sites.
     
  4. mrbrklyn

    mrbrklyn New Member

    The short answer is 2 coins. The longer answer is that it is 4 coins.
     
  5. playpossum0985

    playpossum0985 Global Cooling Protester

  6. medoraman

    medoraman Supporter! Supporter

    I think it depends on who talks to the TPG, how much business have they done with them, etc. There is no hard and fast rule. Money talks.
     
  7. scottishmoney

    scottishmoney Buh bye

    :thumb: Great story. My wife's grandfather was in basic tank training in California early in the war, was asked to take a VIP on a tank trip across the desert. He always was a bit of a leadfoot, even in his Sherman tank - so his VIP was pretty shaken up and rattled and when they got out back at the base the VIP got out and cursed up a storm and stomped off. My wife's grandfather got off without punishment though. Very unusual for someone that crossed General George S. Patton.
     
  8. kookoox10

    kookoox10 ANA #3168546

    Like Doug pointed out, any number of coins can constitute a hoard. But I think the real question is, will it be known as a "notable" hoard that has made some sort of impact on the hobby? For example, the Exeter Hoard introduced over 100 ancients that are not only rare/scarce, but are widely searched among those collector types. In some way, it made an impact on those series of coin and in some way the trended prices over time.
     
  9. scottishmoney

    scottishmoney Buh bye

    When I think of hoards I think of the Randall hoard of large cents, the Colchester and Brussels hoards of English pennies etc.
     
  10. mrbrklyn

    mrbrklyn New Member

    O think of Vikings and Huns
     
  11. playpossum0985

    playpossum0985 Global Cooling Protester


    Good point! Looks like the key to noteablity is going to be in the keys and quality. With over 40 years of collecting there's going to be a lot of work ahead. I'll let him know that he made the mess so he has to help clean it up! LOL. He works every day building stuff out of old redwood but he's starting to slow down. I'd really like him to know what he has so I'll keep working on him. Thanks!
     
  12. medoraman

    medoraman Supporter! Supporter

    Why Huns? As an aside I bought a small hoard of Hun coins before. A seller had 38 he found in a small hole in Afghanistan, all were Nezak Huns.

    I haven't bought a Viking hoard yet, but would like to. I bet they find them in the UK occasionally.

    Edit: Sorry Ruben, missed the joke, hoard=horde. Sorry just slow sometimes. :(
     
  13. appliancejunk

    appliancejunk Silver Bullion Investor

    Great story, thanks for sharing.
     
  14. gbroke

    gbroke Naturally Toned

    A group of crows is called a murder.
     
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