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Message:: [QUOTE="Lehigh96, post: 1599177, member: 15309"]Questioning my research now huh?  Ya think I just made that number up?  According to an article entitled <a href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=2685" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=2685" rel="nofollow">COLLECTING SAINT-GAUDENS, PART IV - 1907-1933 $20S</a> posted on NGC's website, "An incredible hoard of the date was discovered in the 1990s by Ron Gillio. There were 19,900 pieces and most were Choice to Gem in condition. Temporarily stored in a Wells Fargo Bank vault, the coins were named “The Wells Fargo Hoard.”  Perhaps the 9900 that Hall referred to was the number submitted to PCGS or perhaps he just missed the 1. So I guess you are now claiming that the high point friction on these coins came from this brief counting/stacking period.  Even if that is true and it is the cause of the friction, these coins still never circulated.  Are you really claiming that these coins deserve to be graded AU58?  Even when you know the provenance? I did not mean to imply that the Wells Fargo Hoard came from European Banks.  You stated earlier that all of the Saints were turned into the government in 1933.  The Wells Fargo hoard by your own admission, basically destroys that theory.  As for the Saints that ended up in foreign banks, please read the article quoted above.  Here are some quotes contained within: 1907, Arabic Numerals. Mintage: 361,667.   "Many were shipped to European banks and are still being found to this day among recent gold shipments."1908 No Motto. Mintage: 4,271,551.  "Large numbers were sent to European banks and a steady supply of the issue has been flowing back to the states for decades."1908–D With Motto. Mintage: 349,500. "At one time this issue was quite scarce in all levels of Mint State. Starting in the 1980s, however, rather sizeable groups of the date surfaced. Examples were found in the vaults of South American and European banks."1909/8. Mintage: Included with the 1909 issue above.  "This issue was once considered quite scarce until large groups were found in European bank hoards." 1909–D. Mintage: 52,500. "At one time this issue was considered very rare. In the last several decades, however, significant numbers were found in South American and European banks."1909–S. Mintage: 2,774,925.  "Several thousand were found in South American bank vaults. Most were distributed through a coin company (MTB) in New York City in the 1980s." In case you are leery of the author's facts, here is <a href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=1989" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=1989" rel="nofollow">JEFF GARRETT's BIOGRAPHY</a> This quote pretty much sums up his credentials and I think I am gonna believe him. "Another important aspect of his career is his membership in the Professional Numismatists Guild (PNG), to which he has belonged since 1982. Today, Garrett is a former president of the prestigious organization. In 2003, the PNG awarded him the Abe Kosoff Founder’s Award, that organization’s highest honor, for work promoting the hobby and organization. In 2003, the first edition of 100 Greatest US Coins was given the highest awards of both the Numismatic Literary Guild and the PNG. Although he spends most of his time buying and selling coins, Garrett enjoys research and the study of rare coins. He is coauthor of the Official Red Book of Auction Records and of the award-winning Encyclopedia of US Gold Coins 1795–1933, a project done in cooperation with the Smithsonian Institution. Garrett is valuations editor for A Guide Book of United States Coins (the "Red Book"), published annually by Whitman." Merry Christmas![/QUOTE]

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