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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="GoldFinger1969, post: 7313774, member: 73489"]<b>I keep reading articles which refer to supplies of Saints and Liberty Double Eagles coming from Europe. </b></p><p><br /></p><p>They're usually 1-liners in articles talking about pricing or other coin-related topics. No details...no numbers....no sources (individuals or banks). But I did hear this in a podcast with Scott Travers:</p><p><br /></p><p><i><b>"There’s the question of how many coins are still out there. Some leading experts who are very familiar with overseas quantities have told me that in France, there’s well over 10 million $20 gold pieces, lower Mint State grades, some about uncirculated, but many Mint State coins, nonetheless. If you have 10 million coins, somebody even mentioned to me, there might be 15 million coins. If you have 10 million coins or eight million coins, with this type of an overhang on the market, you have mostly Saint-Gaudens Double Eagle and Liberty Head $20s, you’re going to see for the foreseeable future, very low premiums on these coins."</b></i></p><p><br /></p><p><a href="https://coinweek.com/coinweek-podcast/coinweek-podcast-127-coin-market-point-counterpoint-with-scott-travers/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coinweek.com/coinweek-podcast/coinweek-podcast-127-coin-market-point-counterpoint-with-scott-travers/" rel="nofollow">https://coinweek.com/coinweek-podcast/coinweek-podcast-127-coin-market-point-counterpoint-with-scott-travers/</a></p><p><br /></p><p>I know there's no specific sources and no hard numbers given, but I've seen other dealers/writers talking about European supply.</p><p><br /></p><p><b><i>Thoughts ?</i></b>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 7313774, member: 73489"][B]I keep reading articles which refer to supplies of Saints and Liberty Double Eagles coming from Europe. [/B] They're usually 1-liners in articles talking about pricing or other coin-related topics. No details...no numbers....no sources (individuals or banks). But I did hear this in a podcast with Scott Travers: [I][B]"There’s the question of how many coins are still out there. Some leading experts who are very familiar with overseas quantities have told me that in France, there’s well over 10 million $20 gold pieces, lower Mint State grades, some about uncirculated, but many Mint State coins, nonetheless. If you have 10 million coins, somebody even mentioned to me, there might be 15 million coins. If you have 10 million coins or eight million coins, with this type of an overhang on the market, you have mostly Saint-Gaudens Double Eagle and Liberty Head $20s, you’re going to see for the foreseeable future, very low premiums on these coins."[/B][/I] [URL]https://coinweek.com/coinweek-podcast/coinweek-podcast-127-coin-market-point-counterpoint-with-scott-travers/[/URL] I know there's no specific sources and no hard numbers given, but I've seen other dealers/writers talking about European supply. [B][I]Thoughts ?[/I][/B][/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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