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Another "Hoard" Find

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Pillar of the Community

United States
5202 Posts
 Posted 08/09/2014  12:43 am Show Profile   Bookmark this topic Add jack jeckel to your friends list Get a Link to this Message Number of Subscribers
Thousands of silver coins discovered in condemned St. Cloud house
Treasure: 60 lbs of silver coins hidden for decades

Be sure to pay your property taxes and update your house regularly to keep up with the times. You never know what you will find. All I have ever found is a bunch of marbles gutting a few of my houses.

http://www.orlandosentinel.com/news...921056.story
Pillar of the Community
United States
602 Posts
 Posted 08/09/2014  01:01 am  Show Profile   Bookmark this reply Add YoshiRules to your friends list Get a Link to this Reply
I remember remodeling my bathroom and tearing down a wall and seeing a 1962 newspaper stuffed in the wall. I kept the comics
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JoeGlantz1's Avatar
United States
55 Posts
 Posted 08/09/2014  02:56 am  Show Profile   Bookmark this reply Add JoeGlantz1 to your friends list Get a Link to this Reply
"Howes said she thinks more coins were taken to the dump before the treasure was discovered. "I'm not kidding.""

my heart hurts
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westcoin's Avatar
United States
9792 Posts
 Posted 08/09/2014  03:21 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Never found any money, but I lived in an old house, pre indoor plumbing, as the piping and electric wires all ran through conduits on the outside of the walls.


Quote:
I remember remodeling my bathroom and tearing down a wall and seeing a 1962 newspaper stuffed in the wall.


Anyways my roommate at the time, was trying to track down when the house was built, but the records were not on file with the city of Denver. We knew it was old as the quality of the build, the style, the pipes and added electrical work, etc. it also had an old coal chute into the basement by an old coal fire furnace (long out of use but still sitting there). One of our cats had kittens, and one of the kittens found a loose wall panel and somehow crawled up into the wall. When we finally were able to reach up into the space behind the plaster wall and grab the kitty to pull her out, she came slowly, claws digging into the interior wall, and when she was extracted she had pulled out some old newspaper that must have been used for insulation. It was then decided by my roommate, he would remove more plaster to get to the newspaper and see if there was a piece with the date on it. Ended up being part of a Rocky Mountain News dated in 1902. So the house was built at the turn of the century.

644 Galapago St. Denver, Colorado if anyone wants to google map it. It was a great old house we rented so cheap ($150/month in 1988) while we fixed it up for the owner (another friend) over a few years. Wasn't the best neighborhood then, but it's improved greatly. Lots of gang members and attempted break ins when ever we left the house. First thing we did after moving in was to install burglar bars on the windows. The week before we moved in, someone broke in and stole the beautiful marble mantle to the fireplace. Never had anyone get through our locks and other security measures after we took over.

We really looked around and even used a metal detector in the coal room (dirt floor). We did find cool old architectural stuff probably from the house at various times over the years, and a few old cast tin/lead toys, but never as much as a single cent. Surprising considering how big the house and how old too.

I figured up the hoard in just 90% @ 15 x face = $10,570.50 not a ton of money but a decent haul!
"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
Edited by westcoin
08/09/2014 03:28 am
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2ManyQuestions's Avatar
United States
41 Posts
 Posted 08/09/2014  05:21 am  Show Profile   Bookmark this reply Add 2ManyQuestions to your friends list Get a Link to this Reply
Did anyone else want to slap the lady for splashing the coins? Bare handed too!
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2ManyQuestions's Avatar
United States
41 Posts
 Posted 08/09/2014  05:25 am  Show Profile   Bookmark this reply Add 2ManyQuestions to your friends list Get a Link to this Reply

Quote:
I figured up the hoard in just 90% @ 15 x face = $10,570.50 not a ton of money but a decent haul!


60 pounds. Something wrong with $10.570 I think.
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StashTreasure's Avatar
United States
234 Posts
 Posted 08/09/2014  09:14 am  Show Profile   Bookmark this reply Add StashTreasure to your friends list Get a Link to this Reply
That's a nice watch that officer has. I just hope no coins go missing from there to the city's coffers.
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ASEnut's Avatar
South Africa
453 Posts
 Posted 08/09/2014  10:36 am  Show Profile   Bookmark this reply Add ASEnut to your friends list Get a Link to this Reply
Wish those where mine, wonder how much they will sell for
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amida17's Avatar
United States
4897 Posts
 Posted 08/09/2014  10:58 am  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

Quote:
60 pounds. Something wrong with $10.570 I think.


Seems about right. Depends though 60 troy pounds or AVDP? Quick calc. in Troy gave me @ $11,000
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 08/09/2014  11:37 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
Funny to me that they think the hoard was stashed during the depression but there were 1964 Kennedy halves. Being in the junk/antique business I'd bet there was a bunch of vintage stuff in the trash piled up that could have sold for a decent chunk of change.
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ASEnut's Avatar
South Africa
453 Posts
 Posted 08/09/2014  12:05 pm  Show Profile   Bookmark this reply Add ASEnut to your friends list Get a Link to this Reply
Maybe we should all check our walls hahaha
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52Raymo's Avatar
United States
8516 Posts
 Posted 08/09/2014  12:16 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Surely someone went through all the boxes/junk that was inside. How many coins went to the dump ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 08/09/2014  12:35 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
There is no way my house is old enough to discover something like that. Hope those people make a good profit from the coins!
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coinaddict1795's Avatar
United States
301 Posts
 Posted 08/09/2014  6:00 pm  Show Profile   Bookmark this reply Add coinaddict1795 to your friends list Get a Link to this Reply
When I moved into my last house, the lady who lived there had passed away recently, she was 89. Her family had cleaned everything out but left misc boxes in the attic. Going through them, we found old books, newspapers, nothing great. Well there was a little cubbyhole thing hidden as you went up the fold down attic stairs. I never saw it before, and obviously neither did they. Well...In that hole were 2 old metal lockboxes... When I opened them, they were FULL of old weathered bank envelopes with string ties holding them shut. I opened the first one, and the first item on top of the stack was a $5 silver certificate! I actually screamed for joy thinking I hit the motherload, and consequently fell down the attic stairs fracturing my hand. Well.....turns out that the $5 was from a store she owned, it was on the wall because it had some signature.. The rest of the envelopes were all her tax receipts, tax papers, ect. which I returned to her family with the $5 bill. Talk about from going from HIGH to LOW in matter of minutes. Glad someone else had better luck!
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westcoin's Avatar
United States
9792 Posts
 Posted 08/09/2014  7:31 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply

Quote:
60 pounds. Something wrong with $10.570 I think.

Here is how I figure it, I'll show my math;

From the article:
Quote:
The booty included 861 half dollars, 1,016 quarters, 202 dimes and three nickels, police records show.


That totals $430.50 in halves, $254.00 in quarters, $20.20 in dimes
for a total of $704.70 in face value 90% silver figured at 15 times face (close to going rate dealers are paying now) totals $10,570.50

Not a huge windfall, it sounds like a lot of coins but it's just a little over a half bag of silver. Now there could be some better dates, but from the video the coins don't appear to be much better than average circulated to me. unless there are a bunch of key dates, semi key dates , like 1921 halves and dimes or 1916-D dimes, I'm not thinking this is a great haul. But to find this in the walls of a condemned home is pretty cool! The previous owner owed more than $500K in takes and fines, so even if he had found this stash it wouldn't have saved the home.

P.S. A $1000 bag of 90% silver coins weighs approximately 54 pounds, I think the 60lbs quoted is stretching it a bit for less than a full bag. Probably closer to 46-50 pounds. They may have included the weight of the glass jars that survived.
"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
118 Posts
 Posted 08/10/2014  12:05 am  Show Profile   Bookmark this reply Add Coins101 to your friends list Get a Link to this Reply
I always enjoy hearing stories like this. But to be honest to many of these stories have been popping up lately and not sure whats really true or not. That being said I used to watch a show called If Walls Could Talk. That show was about people finding stuff in there houses and it was quite interesting. About 5 years ago I bought a Victorian house and did some remodeling in the attic. I found bunch of marbles, Newspapers from when A-Bomb was dropped, whiskey flask, and etc... Of all the stuff I found nothing was really that great but it was a lot of fun looking for stuff though.
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