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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="medoraman, post: 8578284, member: 26302"]Sure, I follow you. However, I also believe there are some still pretty good stashes of gold in banks around the world, just like there are some fairly good stashes of other coins people are unaware of. Lots of privacy in the world, lots of family fortunes maintained under the radar. </p><p><br /></p><p>Coins and gold coins are an extremely thinly traded market. I know people hear of some famous coins trading a few times in a decade, but the truth is 1/10 of 1 percent at most of coins are ever on the market.</p><p><br /></p><p>If I would have any way of knowing for sure, I would bet anyone there is a hoard of at least 100,000 ounces of gold US coins out there somewhere very few people in the world is aware of. In the 1970s just one bank had Saint Gaudens double eagles by the hundreds of thousands. Sure, most might have been dissipated, but were all?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 8578284, member: 26302"]Sure, I follow you. However, I also believe there are some still pretty good stashes of gold in banks around the world, just like there are some fairly good stashes of other coins people are unaware of. Lots of privacy in the world, lots of family fortunes maintained under the radar. Coins and gold coins are an extremely thinly traded market. I know people hear of some famous coins trading a few times in a decade, but the truth is 1/10 of 1 percent at most of coins are ever on the market. If I would have any way of knowing for sure, I would bet anyone there is a hoard of at least 100,000 ounces of gold US coins out there somewhere very few people in the world is aware of. In the 1970s just one bank had Saint Gaudens double eagles by the hundreds of thousands. Sure, most might have been dissipated, but were all?[/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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