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<p>[QUOTE="GoldFinger1969, post: 11030462, member: 73489"]<b><span style="color: #0000ff">Can anybody who understands re-grading and crack-outs </span></b>tell me what this quote regarding the 1908 No-Motto Wells Fargo hoard is saying:</p><p><br /></p><p>"<i>...The present (early-2015) quantities, in excess of 260,000 authentication events, are more than seven times the Gillio/Wells Fargo hoard quantities. Although some rise due to resubmissions is expected, an increase of this magnitude, among only one date/mint, suggests thousands of new coins coming on the market from the same source. <b>With this in mind, it is posited that the total quantity of double eagles in the original group was at approximately 150,000 pieces, possibly more."</b></i></p><p><br /></p><p>It's probable that the 260,000 number is higher since it was referencing 2015 when the author was doing the research on Saint DEs. But use that for now.</p><p><br /></p><p><i>Can someone explain to me the chain of logic that ties the "authentication events" to a figure that is almost 8x higher than number of DEs believed to be found in the WF Hoard (19,900) ?</i>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 11030462, member: 73489"][B][COLOR=#0000ff]Can anybody who understands re-grading and crack-outs [/COLOR][/B]tell me what this quote regarding the 1908 No-Motto Wells Fargo hoard is saying: "[I]...The present (early-2015) quantities, in excess of 260,000 authentication events, are more than seven times the Gillio/Wells Fargo hoard quantities. Although some rise due to resubmissions is expected, an increase of this magnitude, among only one date/mint, suggests thousands of new coins coming on the market from the same source. [B]With this in mind, it is posited that the total quantity of double eagles in the original group was at approximately 150,000 pieces, possibly more."[/B][/I] It's probable that the 260,000 number is higher since it was referencing 2015 when the author was doing the research on Saint DEs. But use that for now. [I]Can someone explain to me the chain of logic that ties the "authentication events" to a figure that is almost 8x higher than number of DEs believed to be found in the WF Hoard (19,900) ?[/I][/QUOTE]
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