| Author |
 Replies: 15 / Views: 2,462 |
|
|
Pillar of the Community
United States
7840 Posts |
Edited by oih82w8
07/30/2013 2:37 pm
|
|
|
|
Pillar of the Community
United States
2373 Posts |
I'd love to buy a truckload of VG's like that. nlp
|
|
Valued Member
United States
206 Posts |
May I ask where you found that? I would love to obtain any coin in an old envelope like that. It doubles the historical value in my book and adds another layer of depth to the life of the coin.
Edited by chetzler
07/30/2013 9:42 pm
|
|
Pillar of the Community
United States
9792 Posts |
It's now gone, do you know what Sam was asking for it?
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Valued Member
United States
206 Posts |
Oops, never mind my question, I just saw that there was a link.
|
|
Pillar of the Community
United States
3076 Posts |
I guess its beyond my time? what's so special? at VG for a very common CC coin?
|
|
Pillar of the Community
 United States
7840 Posts |
Edited by oih82w8
07/31/2013 01:22 am
|
|
Pillar of the Community
United States
807 Posts |
B. Max Mehl's "Star Rare Coin Encyclopedia", his radio broadcasts, et cetera, helped to establish coin collecting in the United States as a popular pursuit. He is probably a big part of the reason why, for good or ill, the US numismatic market is so much more highly developed than in other countries of comparable wealth. Of course, like many other important figures (Sheldon, Breen, Ford, &c) he was not exactly pure as the driven snow ; if he wasn't complicit in the 1913 Liberty nickel fraud, for instance, it's hard to see why he was so enthusiastic about advertising to buy one. |
|
Pillar of the Community
United States
9792 Posts |
I don't think he was involved in any wrong doing as far as I know or have read with the 1913 Liberty nickels, I do know that he began a lot of collectors by advertising that he was willing to pay big money for one. This was during the depression and after, so anyone advertising $500.00 for a nickle made a ton of people start noticing their change. He probably started more coin collectors than anyone else up to that time. His Fort Worth office received more mail than the entire town of Fort Worth did for a period too. $150.00 was probably not a bad price for the coin and the envelope. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Pillar of the Community
United States
1554 Posts |
Real nice. Wish I had a few of these.
|
|
Bedrock of the Community
United States
17884 Posts |
Mehl offered $50 for the 1913 nickel not $500. Samuel Brown, who most likely WAS involved with their production, advertised offering to buy them for $500 apiece in 1919. That was done to to create an explanation of how he got them when he displayed them in 1920. Mehl's advertising blitz for $50 each was conducted during the depth of the Depression and encouraged the impression that you might be able to find one in your change. $50 for a nickel during the Depression would have been a great windfall. Of course no one had one, but the ads suggested "that there might be other rarities passing unrecognized through their hands! How would you know? Well for a low price you can get a copy of the Star rare Coin Encyclopedia to find what treasures you have and Max Mehl the coin man from Fort Worth is ready to buy them from you". The ads weren't seriously trying to buy a 1913 V nickel, they were intended to sell Mehl coin guides, and hopefully to be able to buy a lot of coins at the prices in the guide. The guide was his buying prices and they were well below actual market price. Often well below the wholesale market prices. |
|
Pillar of the Community
United States
1053 Posts |
Very interesting. I like that.
|
|
Pillar of the Community
United States
9792 Posts |
I have a couple of the Star Rare Coin catlouges, they do have pretty lowball pricing to buy. Thanks for correcting me on the $50.00 buy price, I have the 1913 Nickel book coming, haven't read it, though I've held all 5 of them in my hands before! Good or bad, Mehl did create a lot of coin collectors during his time.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
New Member
United States
38 Posts |
Chetzler, David Kahn Rare Coins I believe has that exact coin for sale on his website. I think he is asking $500.00 for it.
CC-Loosechange
|
|
Pillar of the Community
United States
7840 Posts |
Quote:
David Kahn Rare Coins I believe has that exact coin for sale on his website. Dealers buy from dealers all of the time, so it's entirely possible. Edited by oih82w8
08/01/2013 4:16 pm
|
|
Valued Member
United States
324 Posts |
Aladinslamp, Max B. Mehl was to coins like Carnegie was to steel, Vanderbilt to railroads, and Rockfeller to oil! He was a marketing and business genius in our early world of coin collecting! Won't be long and China will make counterfeits of these!
I just noticed Max graded it a VG! Talk about modern gradeflation!
Edited by BluegrassRiver
08/01/2013 9:33 pm
|
| |
Replies: 15 / Views: 2,462 |
|
Posted 07/30/2013 2:25 pm
