Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The Official U.S. Coin Hoard Thread
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 25313380, member: 73489"]<b><font size="5"><span style="color: #b30000">Wells Fargo Hoard, Initial Selling Prices: </span></font></b> Found an old article that mentioned that the <b>MS-65's sold for about $1,200</b>....the <b>66's for $3,000</b> and the <b>67's for $10,000</b>. That was with gold trading $280-$380 from 1996-2001. The premiums were HUGE. <img src="https://content.invisioncic.com/r266626/emoticons/ohmy.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Ironically, buying the better coin didn't work out this time as more and more 67's hit the market and the premium collapsed even as gold went up 6-fold since. 65 owners have doubled their $$$.....66's are about even. But the 67's are down 30-40% ! <img src="https://content.invisioncic.com/r266626/emoticons/ohmy.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Interesting to see how it played out over many decades and with gold rising 6-fold over that period of time. </p><p><br /></p><p>The buyers paid Gillio about $750 on average for the coins, just over $15 MM. Gold was about $375 or so at the time of the 1996 sale, therefore, about a 100% premium.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 25313380, member: 73489"][B][SIZE=5][COLOR=#b30000]Wells Fargo Hoard, Initial Selling Prices: [/COLOR][/SIZE][/B] Found an old article that mentioned that the [B]MS-65's sold for about $1,200[/B]....the [B]66's for $3,000[/B] and the [B]67's for $10,000[/B]. That was with gold trading $280-$380 from 1996-2001. The premiums were HUGE. [IMG]https://content.invisioncic.com/r266626/emoticons/ohmy.png[/IMG] Ironically, buying the better coin didn't work out this time as more and more 67's hit the market and the premium collapsed even as gold went up 6-fold since. 65 owners have doubled their $$$.....66's are about even. But the 67's are down 30-40% ! [IMG]https://content.invisioncic.com/r266626/emoticons/ohmy.png[/IMG] Interesting to see how it played out over many decades and with gold rising 6-fold over that period of time. The buyers paid Gillio about $750 on average for the coins, just over $15 MM. Gold was about $375 or so at the time of the 1996 sale, therefore, about a 100% premium.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The Official U.S. Coin Hoard Thread
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...