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Do you own coins which were rare when you bought them, but no longer due to NEW HOARDS ?
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<p>[QUOTE="GDJMSP, post: 3763912, member: 112"]It's a recurring theme, just not one that happens all that often, but often enough to matter, particularly to those who own the scarcities. I once bought a coin, (not a US coin) with only 2 known examples, with the possibility of a 3rd one being out there, but unproven. This was the case for well over 100 years. Well I found what I thought the was the 3rd one, misatttributed by a major auction house - and I bought it. But since I was the only one to correctly identify and attribute the coin, I got it for a song given its rarity.</p><p><br /></p><p>But over the next 3 or 4 years, between a friend of mine and I, we discovered 4 more of these coins, thus more than tripling the number of known examples to 7 known. This was quite a few years ago and since then I've never run across another, but then I don't dig and look like I used to either. So who knows, perhaps more have been found.</p><p><br /></p><p>Did I lose money on this coins as result ? No, but like I said I got it for a song to begin with. But that's the same thing you're talking about Eduard, only on a smaller scale. And with a coin that is much less well known.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3763912, member: 112"]It's a recurring theme, just not one that happens all that often, but often enough to matter, particularly to those who own the scarcities. I once bought a coin, (not a US coin) with only 2 known examples, with the possibility of a 3rd one being out there, but unproven. This was the case for well over 100 years. Well I found what I thought the was the 3rd one, misatttributed by a major auction house - and I bought it. But since I was the only one to correctly identify and attribute the coin, I got it for a song given its rarity. But over the next 3 or 4 years, between a friend of mine and I, we discovered 4 more of these coins, thus more than tripling the number of known examples to 7 known. This was quite a few years ago and since then I've never run across another, but then I don't dig and look like I used to either. So who knows, perhaps more have been found. Did I lose money on this coins as result ? No, but like I said I got it for a song to begin with. But that's the same thing you're talking about Eduard, only on a smaller scale. And with a coin that is much less well known.[/QUOTE]
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Do you own coins which were rare when you bought them, but no longer due to NEW HOARDS ?
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