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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: 8578601, member: 73489"]Let's compromise....<b><i>they might exist in number of hoards but THE SIZE of the hoards is very small. </i></b> There are no Wells Fargos or the like in the bunch.</p><p><br /></p><p>I am talking drips-and-drabs.....3 or 4 gold coins here.....5-10 here....also smaller denomination coins, too.</p><p>Today, you are correct...we see it with "Holocaust Hoard" for coins that allegedly were sewn into a 75-year old coat or whatever. And I'm sure you can lie about any find in Europe or in the U.S.</p><p><br /></p><p>But I do believe the mini-hoards coming out here-and-there IS TRUE because dealers with contacts (like Doug Winter) have noted the impact on pricing for select coins for years. And you probably remember dealer contacts like <span style="color: #0000ff"><b>Paul Wittlin literally found THOUSANDS, even tens of thousands, of valuable coins</b></span> in the 1950s, 1960's, and 1970's. I am sure those finds are long ago plucked from bank vaults and SDBs. But bank secrecy is still big in Europe so who knows if Swiss or French banks have another 500 SDBs with U.S. gold coins or 50,000.</p><p><br /></p><p>I understand SDBs are still very big in Europe compared to the U.S. where they have faded in popularity -- <b><i>can anybody confirm this ?</i></b></p><p><br /></p><p>Again, I do agree the quanties are small. It's tough to figure out how many are coming out per year. In fact, I've reached out to a few people to get firmer estimates in the aggregate (I know they won't give me year or mint specifics) but to date haven't heard back from anybody.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8578601, member: 73489"]Let's compromise....[B][I]they might exist in number of hoards but THE SIZE of the hoards is very small. [/I][/B] There are no Wells Fargos or the like in the bunch. I am talking drips-and-drabs.....3 or 4 gold coins here.....5-10 here....also smaller denomination coins, too. Today, you are correct...we see it with "Holocaust Hoard" for coins that allegedly were sewn into a 75-year old coat or whatever. And I'm sure you can lie about any find in Europe or in the U.S. But I do believe the mini-hoards coming out here-and-there IS TRUE because dealers with contacts (like Doug Winter) have noted the impact on pricing for select coins for years. And you probably remember dealer contacts like [COLOR=#0000ff][B]Paul Wittlin literally found THOUSANDS, even tens of thousands, of valuable coins[/B][/COLOR] in the 1950s, 1960's, and 1970's. I am sure those finds are long ago plucked from bank vaults and SDBs. But bank secrecy is still big in Europe so who knows if Swiss or French banks have another 500 SDBs with U.S. gold coins or 50,000. I understand SDBs are still very big in Europe compared to the U.S. where they have faded in popularity -- [B][I]can anybody confirm this ?[/I][/B] Again, I do agree the quanties are small. It's tough to figure out how many are coming out per year. In fact, I've reached out to a few people to get firmer estimates in the aggregate (I know they won't give me year or mint specifics) but to date haven't heard back from anybody.[/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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