The Official U.S. Coin Hoard Thread

The Fugio hoard was one I was interested in. There are quite a few surprisingly nice Fugio available at reasonable prices thanks to that one.

 

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I was going to mention that one. I’ll flip thru the channels and pause on his infomercials. Every time he has gold for sale it came from a European hoard.

 

Since we touched on the Saddle Ridge Hoard, here's an interview with the couple that found them. I will admit hearing it from their mouths increases the plausibility of the story.

http://saddleridgehoard.com/interview/

 

1908 Wells Fargo No Motto Hoard Pricing: Studying the pricing of the 1908 Wells Fargo NM, it appears 2 clear trends emerged: one, the pricing at about $1,150 in 1997 was consistent with the then-price and recent past pricing of other common Saints like the 1924 and 1927 in MS-65 grade. Two, the price decline in subsequent years for all 3 common Saints tracked closely.

I think if can be safely said that the huge surplus of 1908 NM's was pretty well absorbed into the market. Unless there were unseen discounts or other perks, pricing seems to have been tracking other common Saints at the Gem Quality level.

It appears that with thousands or tens of thousands available already at the MS-65 and below level, the BIGGEST impact was on the Superb Gem grades (MS-67) and higher.

 

1983 Manfra, Tordella & Brookes El Salvardor Hoard: This is one of the largest true hoards EVER....I believe also for gold coins, and absolutely for Double Eagles and Saints. It was at least 50,000 coins and may have been up to 150,000 coins. The coins came from Central America, with El Salvador located as the epicenter.

Many of the Saint-Gaudens Double Eagles from1909-1916 that we have today in high-quality Mint State came from this hoard.

There were also some Liberty Head DEs and some smaller denomination coins. Unfortunately, apparently they never kept a master inventory list and during Hurricane Sandy of 2012 alot of the MTB records were destroyed by lower Manhattan flooding.

 

Stack's NYC 2014 Hoard: Was this the hoard that produced the NYC Morgan Dollar Hoard ? I thought that hoard was smaller.

This one seems to have lots of varieties of coins, which is rare (usually just 1 or 2 types). Anybody active in this hoard at the time, please post !

https://www.coinworld.com/news/prec...leries-acquires-hoard-of-1-million-coins.html

 

My understanding is that was just a giant pile of stuff Stack's accumulated over many years and never dealt with. I'm not sure that I'd consider it a true "hoard" considering that's the business they're in - buying piles and piles of coins from other people's "hoard."

 

Tricky/sneaky marketing, in other words.

Thanks, KBB !

 

Canadian Hoards: Does anybody know of any Canadian Hoards, maybe involving gold coins/Saint ?

 

More On Wells Fargo Hoard: It's tough to model a supply and demand curve. But we know that the supply of MS-66's and MS-67's went up over 30-fold after the Wells Fargo Hoard.

If we go by Doug Winter's guestimate of Saint buyers -- 500 Registry Players, 25,000 Type Players, the rest retail investors -- then the Registry guys suddenly had MS68's (and 69's) take up 25% of their demand which was previously limited to MS-67's (there were no MS-68's I believe before the WF Hoard). The rest were the cream of the MS-67's. But the Type Players who previously had to settle for MS-64's, 65's, and 66's suddenly had MS-67's (about 1,500 - 2,000, ex-double counts).

So before Wells Fargo, 1908 NM's were like the other commons more-or-less in the MS-66 to 68 grades. The influx in the higher grades for those who wanted them -- others still wanted a slightly-cheaper MS-64 or 65 rather than a much-cheaper MS-66 or 67 -- made them much more affordable.

As a result, the Ms-67's today can be gotten for about $6,000 which is less than half that of any other Saint that I track.

 

Go over to CCF and search the Canadian forum for "hoard." There's the St Lawrence River hoard of Tiffin and Bust & Harp tokens (numbering in the thousands) found in 1984. There's the Landon "collection", not sure what qualifies as a hoard in your view, the auction had 3200 lots, $6 million worth, many many top pop Canadian large cents (like 1,500 Victoria era in mint state), also US coins. Also the Heaton hoard, but I can't quickly find details on it other than discovered in 1974-75. I'm sure there are others.

 

I'm looking at possibly obtaining an MS-66 OGH or MS-66+ or MS-66 CAC Wells Fargo Hoard.

If anybody has purchased, sold, or scanned that grade in recent months, definitely would appreciate any pricing or market feedback.

 

I saw the picture of your "child". I know this is off topic, but, what kind of child is it, and how old? I have a Wire Terrier (18), 2 Chiweenies (3), and an Australian Shephard (also 3). The Wire Terrier was my wife's mother's. I bought the Chiweenies (without asking my wife) and the Australian Shephard walked into our yard when she was a puppy. We live about a mile from a paved road. Over the years, most of the dogs that we had, we dropped down our dirt road.
Anyway, love your "child".

 

No you don't....DVR it and then fast-forward to the end of the program to see the price. That's what I do.

 

1888. Sorry for the typo.

 

My hoard coin. 1945 Mexico 2 pesos, Nevada Recluse Hoard





And a neat book from Whitman publishing all about hoards.

https://m.lasvegassun.com/news/2013/aug/06/gold-coins-carson-city-recluse-sold-auction/

 

As one who helped many acquire, store hoards over the years, I wonder why anyone with a sound mind would advertise their collection.

I didn't help individuals, mostly of an ethnicity known for their prowess at trading, for me to earn any funds, but just for the challenge.

Does anyone watch Rick T.?

It's reasonable to believe there are many "hoards" traded in secrecy!

JMHO

 

Wow, shades of Redfield ! Same town, too !

 

no, people who hoard coins

 

Well, unless they are valuable coins....and popular series....and in large quantities....not sure it's really newsworthy to the hobby.

Ideally....a bunch of raw, ungradeds that represent NEW SUPPLY is what would be very important. Like the Saints that came over in the 1950's and 1960's.