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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: 7316106, member: 112"]Well, about all I can tell ya is that that story is older than I am. </p><p><br /></p><p><br /></p><p><br /></p><p>Ya gotta realize that there is a fair possibility that the story simply isn't true. Or, at the very least not true in quantities hinted at and talked about.</p><p><br /></p><p>Think about it for a minute. For there to be any significant number of bags of US gold coins held in Europe or other countries those bags of coins would have had to have been transported there over 80 years ago. Long prior to WWII in other words because their production and sale stopped in 1933.. And that leaves us with 2 likely things that could have happened in all that time.</p><p><br /></p><p>One would be that none of the original owners are even still alive, so the coins would have had to have been transferred to heirs, and maybe even the heirs of those heirs. So there is a very good chance that the coins were sold for melt long ago to liquidate assets.</p><p><br /></p><p>The second thing to consider for countries in Europe anyway would be what happened during WWII. Valuables from banks and private individuals were confiscated in huge numbers all over Europe, particularly things like gold and valuable art work. Most of the gold was melted down and turned into bars for convenience and refining purity before the war ever ended. </p><p><br /></p><p>So given those 2 things, even if large quantities were transported to Europe back then, the odds that they still exist in coin form is slim to none. Which kinda make the stories, just stories. Much like many other stories of treasure hidden away someplace.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 7316106, member: 112"]Well, about all I can tell ya is that that story is older than I am. Ya gotta realize that there is a fair possibility that the story simply isn't true. Or, at the very least not true in quantities hinted at and talked about. Think about it for a minute. For there to be any significant number of bags of US gold coins held in Europe or other countries those bags of coins would have had to have been transported there over 80 years ago. Long prior to WWII in other words because their production and sale stopped in 1933.. And that leaves us with 2 likely things that could have happened in all that time. One would be that none of the original owners are even still alive, so the coins would have had to have been transferred to heirs, and maybe even the heirs of those heirs. So there is a very good chance that the coins were sold for melt long ago to liquidate assets. The second thing to consider for countries in Europe anyway would be what happened during WWII. Valuables from banks and private individuals were confiscated in huge numbers all over Europe, particularly things like gold and valuable art work. Most of the gold was melted down and turned into bars for convenience and refining purity before the war ever ended. So given those 2 things, even if large quantities were transported to Europe back then, the odds that they still exist in coin form is slim to none. Which kinda make the stories, just stories. Much like many other stories of treasure hidden away someplace.[/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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