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Time Travel To Get Great Coins

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 Posted 11/02/2008  9:24 pm  Show Profile   Bookmark this reply Add Alex Swanson to your friends list
I would go to 1964, and snag a few '64 Peace dollars before they melted them down, Then I would use my $100 and fill some holes in my Lincoln Cent album. I'd have to pick between the 09-S VDB or the '55 DDO. The choice of a lifetime!

sorry about my bad research on that. And I wouldn't want to sell it either, I would just want to own it or give it to a museum and go into history.
Edited by Alex Swanson
11/06/2008 6:40 pm
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 Posted 11/02/2008  9:31 pm  Show Profile   Bookmark this reply Add zoombuff222 to your friends list
Alex - Why not just go back to San Francisco - in 1909? Get your '09 S VDB, score about 50 Peace dollars and still have $49.99 left over?
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 Posted 11/02/2008  9:32 pm  Show Profile   Bookmark this reply Add zoombuff222 to your friends list
Oops. Peace dollars.... 1921. DUH!!
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 Posted 11/03/2008  10:55 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
If I would have added this stipulation then people would be back there in time gobbling up COINS THEY LIKE rather than coins they could get rich off of,
I would still go back to 1916, because there are quite a few coins that I would like to have in my collection!
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 Posted 11/03/2008  12:31 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
I would go to 1964, and snag a few '64 Peace dollars before they melted them down,

How? Remember they were never released to the banks so somehow you would have to get back there to Denver, find the right Mint employees, work yourself into their good graces and convince them to pick up the two they were allowed to buy and then sell them to you. Remember you only have 24 hours to accomplish all of this. Oh and have a good time during your stay in 1964, but even if you could stay the whole year you wouldn't get any 64-D Peace dollars, they weren't struck until May of 1965.
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 Posted 11/03/2008  7:47 pm  Show Profile   Bookmark this reply Add DNA to your friends list
How about: Go back to May 1965 and stand outside the Denver Mint?
Offer Denver Mint employees leaving the gates after work a $100 1963 note in trade for one 1964-dated Peace dollar.

Then, when you go back to 2008, come back in Switzerland so you can deposit it in a numbered Swiss bank vault.

Then you could invite some professional coin graders to come to Switzerland to look at your coin!

SO, what exactly would the Treasury Dept. do, even if they knew that your genuine 1964-D Peace dollar was sitting in a numbered Swiss bank vault?

They could sue you in the Swiss courts, of course, but if they lost, you would be in an excellent position to negotiate with them to 'monetize' the coin! (a la the single monetized 1933 Gold Double Eagle coin)

Even if they won and could confiscate the coin, it would become the world's only "known" 1964-D Peace dollar, and it may end up on display at the Smithsonian or other exhibits.

You'd make numismatic history, either way!

PS: Make no mistake, zoombuff222, I would honestly love to be the owner of the world's only 'known' 1964-D Peace dollar, and it would be so much the better if I could keep it!

Even if you lost the ownership of the coin, you could possibly go look at it in an exhibit and know that you saved that priceless piece of numismatic history!
Edited by DNA
11/04/2008 12:07 am
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 Posted 11/04/2008  12:34 am  Show Profile   Bookmark this reply Add DNA to your friends list

Quote:
Jaobler: "(1927-D Double Eagles) were easily obtained for face value (in 1930) but the problem was that hardly anyone did."


It's no wonder why 'hardly anyone did'! In 1930, $20 was worth $250 in today's money, and in the start of the Depression there wouldn't be too many people who could afford to set aside $20 coins for collector's items. The few who could most likely would have wanted something like an AU 1850-1866 Liberty Head $20 Double Eagle rather than a three-year-old coin.

Even if you had a 'crystal ball' and could have foreseen the 'gold recall' happening 3 years later, the old Liberty Head Double Eagle would have been a safer bet, because the gold recall exempted 'collector coins', and the old Liberty Head would have been much easier to defend in court as a 'collector coin', than a six-year-old coin.
Edited by DNA
11/04/2008 12:42 am
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 Posted 11/04/2008  5:31 pm  Show Profile   Bookmark this reply Add NumisMattyUk to your friends list
Surely, you'd just buy 5 of the rarest gold double eagles or something like that! haha too easy... I'd look the values up in a book back in 2008 or on the internet and obtain the rarest ones..
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 Posted 11/05/2008  3:40 pm  Show Profile   Bookmark this reply Add Alex Swanson to your friends list
Oops, well, I guess I screwed that one up. But this is a fantasy, right...?
Edited by Alex Swanson
11/06/2008 6:23 pm
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 Posted 11/12/2008  5:04 pm  Show Profile   Bookmark this reply Add markapsolon to your friends list
I think I would go back to 1795 with a 10 ounce bar of gold ( I know it s more than 100 dollars..lol but this is just a dream I came up with..lol) and have the Philly mint make me a bag of $10 eagle cap bust (small or large eagle..lol) Back then store owners, individuals (rich that is), and banks could bring metal(gold and silver) to the new philly mint have it assayed and turned into coins they requested. Would that not be nice!

If I just had 100 dollars I would go to 1905 and buy me a few 1902 or 1905 philly double eagles and maybe a proof :) I know they had to have a MS69 in there somewhere..lol or maybe buy that candy machine that the 1913 Liberty nickel was put in. At lest I think thats the story..lol I might be wrong
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 Posted 11/12/2008  5:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I think I would go back to 1795 with a 10 ounce bar of gold...
Now that is an interesting idea!
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 Posted 11/13/2008  09:36 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
I think I would go back to 1795 with a 10 ounce bar of gold ( I know it s more than 100 dollars..lol but this is just a dream I came up with..lol) and have the Philly mint make me a bag of $10 eagle cap bust (small or large eagle..lol) Back then store owners, individuals (rich that is), and banks could bring metal(gold and silver) to the new philly mint have it assayed and turned into coins they requested. Would that not be nice!

I believe the original post specified a 24 hour time limit. You would be very lucky if you could get the bar assayed, melted, alloyed, cast, rolled, planchets cut, the scraps remelted, cast, rolled etc until they had the proper number of planchets, then struck and returned to you in the 12 hour period the mint was operating each day. You also have to hope that they have eagle dies on hand. If not you would have to wait for them to be engraved and hardened (figure a week or more) Now if you happened to be lucky and they were striking eagles for someone else that day, you coul exchange your gold for some of their eagles paying 1 1/2 percent for the priviledge. (The mint did not have a bullion fund at that time and they didn't have government gold or silver available to either coin up peoples orders or have coins on hand to exchange for bullion.) They were dependent on deposits and often held deposits until sufficient metal was on hand to make the operation practical. Typically small deposits would be held until a large deposit from the Bank of the United States was processed. So you might not get your eagles for a month or more.

Your best bet would be to examine the mint records to see when finished coins were turned over by the coiner and then time your visit for that day and pay the 1 1/2 percent. even then you might not be able to get them and you may have to leave your ten oz bar behind when your 24 hours are up.
Edited by Conder101
11/13/2008 09:38 am
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 Posted 11/17/2008  10:59 am  Show Profile   Bookmark this reply Add markapsolon to your friends list
Conder101..lol you are right I could not do any of that in the 24 hour time period. I guess its what I would do if I had a week to do it..lol. One thing I guess people are not thinking about too is that you would need currency from that time period in order to get the coins. A 2007 series $20 bill is not going to work..lol
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 Posted 11/17/2008  11:18 pm  Show Profile   Bookmark this reply Add DNA to your friends list

Quote:
markapsolon: "One thing I guess people are not thinking about too is that you would need currency from that time period in order to get the coins."


Go back one page on this thread (to page four) and read the second post (by me).

If you went back in time with 'contemporary money' (purchased in the present), gold/silver certificate notes in fine circulated condition could buy coins worth far more (today) than what the notes cost (today):


Quote:
DNA: Ten 1922 $10 Gold Certificate notes in VF (just perfect for buying your five 1927-D Double Eagles!) would cost about $3000 or so in modern money. I could have bought ten of these at the coin show I was at today!


$3,000 turned into (possibly) $5,000,000 is one heck of a return!
Edited by DNA
11/17/2008 11:19 pm
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 Posted 11/19/2008  1:25 pm  Show Profile   Bookmark this reply Add markapsolon to your friends list
Lol I guess it is..lol If we could only time travel, but if we all could it would really mess up the prices too..lol
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