$10,000,000 Saddle Ridge Hoard (Official Topic)

Doubtful, I'd be willing to bet the grading would be almost free just to get the coins in PCGS holders, as a hoard and all connected to the "story" they tell will be worth more than the grading fees alone in the future. This hoard is the largest single buried treasure find in US history.




Amazon bid an unknown price for the privilege to be the sellers of the more common coins, Kagin's is doing this to get more interest built up with non collectors and history buffs. So the owners are not paying Amazon anything to sell the coins is my understanding, they are being paid to do so.

I think the Walter Dimmick story is not part of this hoard, I still think since the coins were in a date order for the most part, it was an eccentric old timer that didn't trust banks who may have been a miner that converted his findings into gold each year and kept what he needed to have for supplies then buried the rest each year over time. Since the coins in each can only span a few years this would make since. He probably died telling nobody, and the hoard remained until it was discovered 120 years later. The area the coins were found is "gold country" and a lot of miners and independent prospectors lived in the area back then.

Whatever, "the story" is what will help sell this hoard of amazing coins to the public, evidenced by friends of mine posting on my FaceBook page postings on this story, that have no interest in coins before, now they are all wanting to get a coin from the hoard, this can only do good things for our numismatic hobby. I am glad Don Kagin is handling the sale, he will make sure the right coins get into the right collectors hands through Auction or secret bidding, while the more common coins will be dispersed in a new and different way that, while sure to be somewhat controversial to old time collectors, will bring these coins into the publics eye in ways that traditional coin auctions would never do.

Exciting and breathtaking to watch this story!

It sounds like the government will eventually claim them and the finders will be left holding the TPG bill with nothing to show for it.

Things seem to be going on schedule like the handlers have said. I'm sure if an issue that would have been curtailed.

That Jack Trout guy does not know jack squat about coins, his statements make it painfully obvious(really? revenge for Lincoln's assassination?!?!).

Here is the article that @angel2004 was talking about, disputing the heist rumor.

http://www.nbcnews.com/news/us-news...heist-n44256

I too was left scratching my head over the revenge for Lincoln's assassination remark...glad I wasn't the only one.

Government has FAR more to gain allowing them to remain in the wild and collect taxes off their sale and future sales. Unlike the double eagles theres no vested interest in destroying something that shouldnt exist

There is. The finders are going to have to sell probably more than half of it just to cover that regardless of what they wanted to do with the hoard. Unless they were multimillionaires once it went public they couldnt have afforded to keep it even if they wanted too.

Government will make a couple million off this when its said and done. Depending on what cut the family is giving to the agent handling everything its not out of the question that the government could actually be the ones who make the most money from this