The Official U.S. Coin Hoard Thread

How about if you tell us what's curious about it.

 

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So, you don't believe Rick in his TV sales claims?

 

A can of coins....on land.....that just happened to be there for however long ? Never found before ? Sticking out of the ground ?

As I recall, the family/finders of the coins didn't provide more details or grant interviews. For all we know, they could have had the coins for ages and just created the story to provide legal cover. Not saying that is what happened, but it is plausible.

 

I believe he is telling us information that is largely accurate, yes. But that doesn't mean he's 100% accurate.

Has he been selling Saddle Ridge stuff ?

 

You're very conspiratorial. It's private property. Buried stuff pops up out of the ground all the time, depending on soil condition, erosion, etc. They had walked a trail numerous times previously and not noticed it, although they had noticed a can originally hanging from a tree that was there so long that the tree had grown around it. I've found arrowheads and pottery shards poking out of the ground right next to popular hiking trails. Have you not seen pictures of the coins in situ in the cans? There's nothing nefarious to see here. There were numerous theories about who buried them and why, but nobody questioned how they were found, because there's nothing to question. The finders remain anonymous and for very good reason.

 

That is exactly what happened with the First Martian that visited Earth He landed on private property in WVA., a farm, and came down in (and into) the manure storage shed. There were a lot of theories about whether he/she was from Mars, and if so superior at navigation and travel, why didn't he/she avoid the manure pile? Some said it was an example of a stupid Martian, and some said the Martian had been there before and liked it. Nothing nefarious. The farmer that found him remains anonymous, for obvious reasons.

 

Not at all, but I find it very difficult to have 100% faith in The Official Story.

All the time ?

The story may be correct, but it has lots of holes in it. No professional numismatic researcher would accept at face value the claims as-is, that's all I am saying.

I am NOT saying they are liars or the story is false or untrue. I am saying there are holes in it and this particular Hoard I think smells fishy.

If you and others choose to believe it, fine. You may even be correct. I just have a different opinion, that's all.

To each his own, right ?

 

Answer the important question...was the Martian a coin collector ?

 

Nobody really knows, but there was a rumor there was a mysterious small piece of green metal with the initials cac found in the manure pile.

 

You might want to listen to Rick, as he explains what he is doing, that you say was done in the past. He states there are currently unopened bags of U.S. uncirculated Gold coins being auctioned O.U.S..

The end of last week, in separate auctions, he was was selling the latest believed U.S. Mint over-priced "Junk Silver" copies. He was also selling large quantities of 1932 certified MS64 St. Gaudens $10 Gold Eagles.

I realize that probably the majority of "collectors" would discuss this, I believe, very intelligent man, as a "hawker". One who has written numerous Numismatic grading basis books used by the industry.

I don't know his complete history, but do know that his historical explanations are generally unmatched, from my experience.

I, nor my established inferior competitors in life, are 100% accurate. I can mention few whom I respect, that say little, but accurately act. Let me know if you locate someone living that acts with 100% consistency. LOL

JMHO

 

IMRich, I have seen Rick's infomercials on the weekends but didn't see any this weekend except the one selling the 6-pack of new Morgan and Peace Dollars. Nothing on Saints, Morgans, or Indian Heads.

I like to check the prices from time-to-time.

The rest of the infomercials seem to have been unchanged for a few years now.

 

Glad to meet you and thank you for the recognition.....

 

I know this thread is about Hoards, or at least that's what I got out of it. Anyway, the thread got a little off topic when Rick was brought up about his show and his sales pitch (and the little guy that gets in the act from time to time & and then there's that big guy). I watch any of the programs that are selling coins, mostly to see what their story is. I get a stomach ache watching Rick's show. You have to listen to a half hour of his sales pitch to be able to see what the price is. He listed a 2021 American Liberty High Relief Gold Coin for almost $5,000 (then he lets you know that you can make two easy payments of $2,500 and after he receives his second $2,500, he will send the coin to you. (He charges for sending it two you in small letters at the bottom. I got mine from the mint for $2,715, no S&H. There have been several demeaning remarks about Mike, but not about Rick or about the Coin Show with the two numnuts" hawking their coins.
My question to all of us, is, how many of us buy from the TVmercials. Then what kind of people buy from TVmercials? I will not lie. I woke up at about 1AM and Mike was selling 20 Morgans that looked pretty nice. I got 10 1921 Morgans and 1 1921D and 1 1921S. I paid $500 for them and they look pretty nice. I do have one question though... Do they do anything to the coins? They are all RAW. I did get 3 1988 Morgans from my father.

 

Twice at my LCS this happened while I was there. An elderly lady and her daughter came in with two large plastic totes full of coins. Dansco albums of completed sets, proof sets, singles, etc. Overhearing the conversation they had no clue how much anything was worth, just that they belonged to her late husband. I was there going through the bulk world coins for about an hour and they were still there when I left!
Another time an older lady brought in about 10 gold coins purchased from the same business by her husband when the original owner (the current owner's father) owned it. They would have been bought about 40-50 years ago. She kept saying, are you sure?, When he said how much he'd but them for. Walked out a much richer lady that day!

 

He tells people about the hoards and the destruction of coins in the U.S. under FDR. For many people, that may be new news (I know I didn't know about it until about 10-12 years ago).

Nah, just DVR it and then use Fast-Forward. That's what I do, Jim.

1988 or 1888 Morgans ?

I think you're talking about the other telemarketer whose last name escapes me. I'm not sure how much are his prices.

My point on these guys is this: I recognize they have huge overhead with the TV commercials. Airtime isn't cheap. If someone buys 1 or 2 coins from them, gets into the hobby, then finds sites like CT and becomes educated and more price-savvy, it is WELL WORTH IT to get that education. I would have paid it decades ago before the internet and before TV infomercials. I would have gotten lots of other coins on the cheap to more than offset paying 25-30% premiums on 1 or 2 pricey coins.

OK, back to the Hoards.......

 

To answer your question here: "how many of us buy from the TVmercials. Then what kind of people buy from TVmercials?" I believe I speak for the majority when I say "very few"!

You are here, so I assume (you know what's said) that you had a learning curve prior to your arrival. Where does one start? With todays' programing, and a lack of LCS, the internet is a good start for Neophytes.

Investors have been told commodities may be a better investment than "fiat".

How is one to learn other than purchasing?

When I was young there were coin shops, coin magazines, coin clubs, etc.. Today, NOT!

JMHO

 

Thankfully, it appears that your not completely "dead"!

JMHO

 

The first "CACA Certification"?

 

I am a sucker for play on words.

 

That was good.