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Oklahoma Woman's Gift Bag Of Silver Half-Dollars May Be Worth $100k+

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 Posted 07/25/2023  1:16 pm  Show Profile   Bookmark this reply Add beerandchips to your friends list
Interesting article. As stated by others, I thought the article leaned towards an advertisement. I also thought the anticipated price was high. If all the coins were MS 64, full bell, the PCGS suggested retail price is in the neighborhood of $70,000, about the starting bid. But that many coins hitting the market at one time might crater the price. Good luck to whomever buys them.
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 Posted 07/25/2023  2:23 pm  Show Profile   Bookmark this reply Add mdh157 to your friends list
That is awesome. I would think the bag would draw a premium as well being a mint sealed bag. Unfortunately, some big dealer will end up with it.
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 Posted 07/27/2023  6:39 pm  Show Profile   Bookmark this reply Add General Sherman to your friends list
You know whats really sad is that if he father would have invested $1,000 in an S&P Index fund in 1963, that money would be worth around $400,000 today. https://www.officialdata.org/us/sto...endYear=2023

It's a real shame that those coins are only worth about $100K (if she's lucky)!
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 Posted 07/30/2023  3:35 pm  Show Profile   Bookmark this reply Add nick10 to your friends list
the auction was 3 days ago, can't find results online so I imagine it underperformed the hype
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 Posted 07/30/2023  3:58 pm  Show Profile   Bookmark this reply Add HondoB to your friends list
Nick, I went to Rick Tomaska's web site and they were not bragging about it. Your observation is spot-on.
Inordinately fascinated by bits of metal with strange markings and figures
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 Posted 07/30/2023  4:25 pm  Show Profile   Bookmark this reply Add nfine to your friends list
Minimum opening bid was $69K, the bag sold for $75K, a little short of the presale estimate.
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 Posted 07/30/2023  4:37 pm  Show Profile   Bookmark this reply Add HondoB to your friends list
Works out to $37.50 each. 1963 FBLs go for over $1K, but ebay sold listings show some uncirculated 1963-D Franklins going for as little as $6
Inordinately fascinated by bits of metal with strange markings and figures
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 Posted 07/30/2023  5:48 pm  Show Profile   Bookmark this reply Add HondoB to your friends list
I'm wondering if Rick Tomaska bought the bag himself, and if we'll soon be seeing specially slabbed "Oklahoma Hoard" 63-D Franklins on his show.
Inordinately fascinated by bits of metal with strange markings and figures
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 Posted 07/30/2023  8:05 pm  Show Profile   Bookmark this reply Add DanFielding to your friends list
With his personal NGC label
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 Posted 07/31/2023  10:11 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I'm wondering if Rick Tomaska bought the bag himself, and if we'll soon be seeing specially slabbed "Oklahoma Hoard" 63-D Franklins on his show.

Quote:
With his personal NGC label
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 Posted 12/29/2024  6:37 pm  Show Profile   Bookmark this reply Add DanFielding to your friends list
Took me a while to dig through the archives to find this thread.

I was flipping channels yesterday and saw Rick's show was selling Walking Libertys that were "from a hoard". I thought they were from the hoard in this thread but no, they were from a "hoard" in Delaware. Apparently they bought 150,000 of them, at least that's what they said. They were selling them in bags of 25, 50 or 100. 25 was $500 something, 50 count was $995 and 100 count was $1979. They claimed they were unsearched.
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 Posted 01/01/2025  12:07 am  Show Profile   Bookmark this reply Add westernsky to your friends list

Quote:
They claimed they were unsearched


They can claim whatever they want to, but reality will tell you something else!

During the past 77 years those coins have been searched numerous times by somebody, somewhere.
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 Posted 01/01/2025  10:01 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Based on census distribution most will grade 64, with equal proportions of 63 and 65. And price guide values of $26-$38.

Grading (bulk) costs $14/ea. Melt is ~$10.50 for a total of $24.50 per coin.

You are into it at $49k w/o any premium over melt. There's no money here. You need to pull several MS-66 or MS-66+ to be worthwhile.
-----Burton
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Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 01/01/2025  2:45 pm  Show Profile   Bookmark this reply Add TinyRetreat to your friends list
Even if one were to advertise this as truly "unsearched/original/sewn at the mint", I would be skeptical ... maybe I've just been "boiled like a frog" and have lost the ability to take things at face value. So much manipulation out there ...
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