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Wells Fargo GOLD your opinion on this one.
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<p>[QUOTE="GoldFinger1969, post: 19854792, member: 73489"]<b><i>Randy, I believe I have a Hoard Thread somewhere here that goes into depth on the Wells Fargo Hoard. </i></b></p><p><br /></p><p>Suffice to say it refers to where the coins where kept while their sale was being negotiated, NOT where they were from 1917-1996 when they were stored. The original bags were replaced in the mid-1960's; before that, they sat largely untouched after being used in some international trade settlements. </p><p><br /></p><p>Rumors abound that it was just a bank's normal gold holdings....a stash of a military general or corrupt government bureaucrat...even a post-Soviet Russian sale...and possibly much much larger involving other coins. Nobody knows, Ron Gillio (the buyer) knows more but hasn't talked to date.</p><p><br /></p><p><b>The 1908 NM was pretty close to a common coin before the WF Hoard</b>, not quite equal to the 1924 or 1927 in Gem MS or below...but close to it. The WF Hoard was generally of higher quality than the existing pre-WF Hoard 1908 NM's.</p><p><br /></p><p>Because of the high-quality of the 1908 WF NM's, no other Saints are as cheap in Gem or Superb Gem quality. <b><span style="color: #0000ff">MS-67's are 30-40% less for this coin than the next cheapest.</span></b>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 19854792, member: 73489"][B][I]Randy, I believe I have a Hoard Thread somewhere here that goes into depth on the Wells Fargo Hoard. [/I][/B] Suffice to say it refers to where the coins where kept while their sale was being negotiated, NOT where they were from 1917-1996 when they were stored. The original bags were replaced in the mid-1960's; before that, they sat largely untouched after being used in some international trade settlements. Rumors abound that it was just a bank's normal gold holdings....a stash of a military general or corrupt government bureaucrat...even a post-Soviet Russian sale...and possibly much much larger involving other coins. Nobody knows, Ron Gillio (the buyer) knows more but hasn't talked to date. [B]The 1908 NM was pretty close to a common coin before the WF Hoard[/B], not quite equal to the 1924 or 1927 in Gem MS or below...but close to it. The WF Hoard was generally of higher quality than the existing pre-WF Hoard 1908 NM's. Because of the high-quality of the 1908 WF NM's, no other Saints are as cheap in Gem or Superb Gem quality. [B][COLOR=#0000ff]MS-67's are 30-40% less for this coin than the next cheapest.[/COLOR][/B][/QUOTE]
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Wells Fargo GOLD your opinion on this one.
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