Impact of Montana coin find

Since reading the thread on the "Montana Hoard", I'm interested to see
what turns up from what sounds like an amazing find.

While demand for a particular date/series will always fluctuate,let's
say there's a roll of unc. 31S lincoln cents. How much would this affect
the market for this key date? Or how 'bout 5 rolls, or even ten?


If you did find a large quantity of a key date, would it not be prudent
to sell them off slowly, so as not to drive down the value of your product?


Mark

On Mon, 07 Jul 2003 16:07:11 -0500, mark is alleged to have
written:

Since reading the thread on the "Montana Hoard", I'm interested to see
what turns up from what sounds like an amazing find.

While demand for a particular date/series will always fluctuate,let's
say there's a roll of unc. 31S lincoln cents. How much would this affect
the market for this key date? Or how 'bout 5 rolls, or even ten?


For the 31-S, it would be a drop in the bucket. There are tens of thousands of
those coins, most in unc.

Now, find a roll of brass buck mules or 1914/3 5c and you'll hammer the price of
those coins. But they're legit rarieties. The 31-S is a high demand coin, but
it's not rare.


If you did find a large quantity of a key date, would it not be prudent
to sell them off slowly, so as not to drive down the value of your product?


Yes, absolutely. If I stumbled onto a roll of 1893-S dollars, I'd sell maybe one
or two a year as quietly as i could.

Bruce

Harv wrote:

"Bruce Hickmott" wrote in message
(snip)

Yes, absolutely. If I stumbled onto a roll of 1893-S dollars, I'd sell
maybe one
or two a year as quietly as i could.

Bruce


Exactly, or a roll of nice cherry red 1914-D Lincolns.. PCGS price guide
says $5750.00 in MS64 RD, $14,500.00 in MS65 RD, and $27,500.00 in MS66 RD.
Current populations in those grades are 110, 47, and 3, respectively.

You'd be insane in the membrane to try to sell them all at once, and throw
those prices into the dumpster.. But if you could get them into 50 PCGS
slabs, or half and half PCGS and NGC over a period of time, and sell one
every other month or so and live pretty well off of fifty cents .. And
maybe toss one or two on eBay, but spread them around to TeleTrade, Heritage
Auctions, and so on..

!!??**@@SELLTHEM@@**!!??

????sell them????

You would sell them?

Alan
'ready to give a 1914-D BU roll a home'

(Bruce Hickmott) wrote in message news:3f09e110.13161635@newshost...
On Mon, 07 Jul 2003 16:07:11 -0500, mark is alleged to have
written:

Since reading the thread on the "Montana Hoard", I'm interested to see
what turns up from what sounds like an amazing find.

While demand for a particular date/series will always fluctuate,let's
say there's a roll of unc. 31S lincoln cents. How much would this affect
the market for this key date? Or how 'bout 5 rolls, or even ten?


For the 31-S, it would be a drop in the bucket. There are tens of thousands of
those coins, most in unc.

Now, find a roll of brass buck mules or 1914/3 5c and you'll hammer the price of
those coins. But they're legit rarieties. The 31-S is a high demand coin, but
it's not rare.


If you did find a large quantity of a key date, would it not be prudent
to sell them off slowly, so as not to drive down the value of your product?


Yes, absolutely. If I stumbled onto a roll of 1893-S dollars, I'd sell maybe one
or two a year as quietly as i could.

Bruce

If one was to send a roll of BU 1893-S Morgans to PCGS for grading how
long would it take for the "WORD" to get out? Would they be willing to
keep them out of the population reports?

"Alan & Erin Williams" wrote in message
...


!!??**@@SELLTHEM@@**!!??

????sell them????

You would sell them?

Alan
'ready to give a 1914-D BU roll a home'

Oh, I might keep one or two or three or four for myself .. but damn
straight, Spanky, I'd sell them after having them slabbed.. sorry, I
momentarily forgot you and Bill Gates have similar bank accounts..

Harv

Harv wrote:

"Alan & Erin Williams" wrote in message
...

!!??**@@SELLTHEM@@**!!??

????sell them????

You would sell them?

Alan
'ready to give a 1914-D BU roll a home'

Oh, I might keep one or two or three or four for myself .. but damn
straight, Spanky, I'd sell them after having them slabbed.. sorry, I
momentarily forgot you and Bill Gates have similar bank accounts..

Harv

Perhaps, in the sense that my credit union is member-owned. ;-)

Alan
'voting myself more shares'

On 7 Jul 2003 18:58:18 -0700, (BAJJERFAN) is alleged to have
written:

(Bruce Hickmott) wrote in message news:3f09e110.13161635@newshost...
On Mon, 07 Jul 2003 16:07:11 -0500, mark is alleged to have
written:

Since reading the thread on the "Montana Hoard", I'm interested to see
what turns up from what sounds like an amazing find.

While demand for a particular date/series will always fluctuate,let's
say there's a roll of unc. 31S lincoln cents. How much would this affect
the market for this key date? Or how 'bout 5 rolls, or even ten?


For the 31-S, it would be a drop in the bucket. There are tens of thousands of
those coins, most in unc.

Now, find a roll of brass buck mules or 1914/3 5c and you'll hammer the price of
those coins. But they're legit rarieties. The 31-S is a high demand coin, but
it's not rare.


If you did find a large quantity of a key date, would it not be prudent
to sell them off slowly, so as not to drive down the value of your product?


Yes, absolutely. If I stumbled onto a roll of 1893-S dollars, I'd sell maybe one
or two a year as quietly as i could.

Bruce

If one was to send a roll of BU 1893-S Morgans to PCGS for grading how
long would it take for the "WORD" to get out? Would they be willing to
keep them out of the population reports?

If I sent in the entire roll at once, it would take maybe 15 seconds for the
word to get out. But spread 'em out amongst PCGS,NGC, ANACS and maybe ICG at 2-3
per year, and most will think they're just resubmissions for a higher grade.


Bruce

On Tue, 08 Jul 2003 02:44:13 GMT, David Ryan is
alleged to have written:

Bruce Hickmott wrote:

On Mon, 07 Jul 2003 16:07:11 -0500, mark is alleged to have
written:

Since reading the thread on the "Montana Hoard", I'm interested to see
what turns up from what sounds like an amazing find.

While demand for a particular date/series will always fluctuate,let's
say there's a roll of unc. 31S lincoln cents. How much would this affect
the market for this key date? Or how 'bout 5 rolls, or even ten?


For the 31-S, it would be a drop in the bucket. There are tens of thousands of
those coins, most in unc.

Now, find a roll of brass buck mules or 1914/3 5c and you'll hammer the price of
those coins. But they're legit rarieties.

In that case, you hire a PR firm to tout the historical significance
of the find, print flashy brouchures, get them certified in individually
numbered slabs, provide a separate certificate of historicity and sell
them as long-term portfolio items to investors. Get more than current
retail.


That's slimey. You been watching shop at home again? :-)

Bruce

Alan & Erin Williams wrote in message ...
Harv wrote:

"Alan & Erin Williams" wrote in message
...

!!??**@@SELLTHEM@@**!!??

????sell them????

You would sell them?

Alan
'ready to give a 1914-D BU roll a home'

Oh, I might keep one or two or three or four for myself .. but damn
straight, Spanky, I'd sell them after having them slabbed.. sorry, I
momentarily forgot you and Bill Gates have similar bank accounts..

Harv

Perhaps, in the sense that my credit union is member-owned. ;-)

Alan
'voting myself more shares'



Who was it that claimed to have found a roll of unc 1909-S VDB Lincoln cents?
It might just be an urban legend but the person who posted it swears by it.

On 8 Jul 2003 13:12:13 -0700, (John Stone) is alleged to
have written:

Alan & Erin Williams wrote in message ...
Harv wrote:

"Alan & Erin Williams" wrote in message
...

!!??**@@SELLTHEM@@**!!??

????sell them????

You would sell them?

Alan
'ready to give a 1914-D BU roll a home'

Oh, I might keep one or two or three or four for myself .. but damn
straight, Spanky, I'd sell them after having them slabbed.. sorry, I
momentarily forgot you and Bill Gates have similar bank accounts..

Harv

Perhaps, in the sense that my credit union is member-owned. ;-)

Alan
'voting myself more shares'



Who was it that claimed to have found a roll of unc 1909-S VDB Lincoln cents?
It might just be an urban legend but the person who posted it swears by it.

It was Clayton. ACG slabbed them, how can you doubt the truth?

Bruce (poked my tongue right through my cheek. Medic!!)