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<p>[QUOTE="cladking, post: 1260950, member: 68"]I've been collecting these coins for nearly 40 years and watching the markets intently for 30 years. I've been promoting the coins for nearly a quarter century now. There are no hoards of these coins. </p><p><br /></p><p>Anyone trying to assemble hoards would have no choice but to use the same technique I did and it couldn't be done in a vacuum. Sure someone could drive city to city trying to find gems without my knowing but most dates couldn't be found this way because there weren't enough gems made. </p><p><br /></p><p>Sure there are a few small hoards here and there but I've never seen one for sale. There are a couple on the east coast and probably one in the far west but I'd wager that even in aggregate they won't increase the pops in many dates by more than 5 or 10%. This is the nature of rare coins; they are hard to find. Remember 25c was a lot of money to tie up in a coin that everyone thought was junk that would never have any value. If someone had a $1000 bag of 1969 quarters in 1980 he lost $180 in interest alone. The coins couldn't be given away in those days and no one had them then and they don't have them now. Now these go for $100 a roll if you can find one. In the very unlikely event you find such a roll the odds are better than 90% that every single coin in the roll will be junk. The odds of a true gem are extremely remote. </p><p><br /></p><p>There are no hoards of mint sets either. Yes, it's possible some big wholesaler ghas been stocking up planning a promotion but the logistics for this would be staggering and so would the cost. In order to have a few gems of everything you'd need nearly a million dollars in idle inventory and then you'd have the herculean task of sifting the sets for the coins that can be sold at substantial profit. Much of the million dollars will prove to be just pocket change unless there's a sudden huge shift into moderns which no one is predicting. You simply aren't going to be able to sell something like a poorly made and scratched up 1976 half dollar for many years yet and much of the inventory will be coins like this. It would likely become known if someone were doing this anyway. </p><p><br /></p><p>People need to forget hoards. There simply aren't going to be a bunch of no-S dimes being found and there aren't and never were hoards of business strikes. </p><p><br /></p><p>Perhaps in the future someone might do this but it's improbable there are any major hoards at this time. I've got what's in my safety deposit boxes but I also have things like 1969 Russian 5k's and my collections in them. What you see is what you get and you simply don't see much high grade clad... ...never did.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1260950, member: 68"]I've been collecting these coins for nearly 40 years and watching the markets intently for 30 years. I've been promoting the coins for nearly a quarter century now. There are no hoards of these coins. Anyone trying to assemble hoards would have no choice but to use the same technique I did and it couldn't be done in a vacuum. Sure someone could drive city to city trying to find gems without my knowing but most dates couldn't be found this way because there weren't enough gems made. Sure there are a few small hoards here and there but I've never seen one for sale. There are a couple on the east coast and probably one in the far west but I'd wager that even in aggregate they won't increase the pops in many dates by more than 5 or 10%. This is the nature of rare coins; they are hard to find. Remember 25c was a lot of money to tie up in a coin that everyone thought was junk that would never have any value. If someone had a $1000 bag of 1969 quarters in 1980 he lost $180 in interest alone. The coins couldn't be given away in those days and no one had them then and they don't have them now. Now these go for $100 a roll if you can find one. In the very unlikely event you find such a roll the odds are better than 90% that every single coin in the roll will be junk. The odds of a true gem are extremely remote. There are no hoards of mint sets either. Yes, it's possible some big wholesaler ghas been stocking up planning a promotion but the logistics for this would be staggering and so would the cost. In order to have a few gems of everything you'd need nearly a million dollars in idle inventory and then you'd have the herculean task of sifting the sets for the coins that can be sold at substantial profit. Much of the million dollars will prove to be just pocket change unless there's a sudden huge shift into moderns which no one is predicting. You simply aren't going to be able to sell something like a poorly made and scratched up 1976 half dollar for many years yet and much of the inventory will be coins like this. It would likely become known if someone were doing this anyway. People need to forget hoards. There simply aren't going to be a bunch of no-S dimes being found and there aren't and never were hoards of business strikes. Perhaps in the future someone might do this but it's improbable there are any major hoards at this time. I've got what's in my safety deposit boxes but I also have things like 1969 Russian 5k's and my collections in them. What you see is what you get and you simply don't see much high grade clad... ...never did.[/QUOTE]
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