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Hoard Provenance?

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coinlover168's Avatar
United States
506 Posts
 Posted 10/29/2014  6:04 pm Show Profile   Bookmark this topic Add coinlover168 to your friends list Get a Link to this Message Number of Subscribers
What do you think about the provenance of these coins? Are they really from those collections?

http://www.ebay.com/itm/Lot-of-4-Mo...em462b3af27e
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 10/29/2014  6:24 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
The "Casino Hoard"? Which one? I'd steer clear.

BTW, "shamm" is probably not the best choice of ebay IDs.
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coinlover168's Avatar
United States
506 Posts
 Posted 10/29/2014  6:28 pm  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
shamm922 is a member here on CCF. Hammbone
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/29/2014  6:52 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I'm not worried about the provenance, because who cares about that? These were not "collections," they were big buckets full of coins which were not acquired for numismatic reasons. From that standpoint, all Morgans are part of "The U.S. Mint Hoard."
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westernsky's Avatar
United States
7617 Posts
 Posted 10/29/2014  6:57 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
No way to prove provenience. You have to rely on the good faith of the company that put it together.

They look like common, generic BU dollars to me. Realistic worth is an optimistic 35 to 50$ each on a very good day.

These probably were a late nite TV coin show promotion item. ( "We only have 4 thousand of these sets available and we expect to have a sellout shortly.... Call in now and you should be able to still get one. Use our easy flex pay plan!" )

Always buy the coin, not the hype!
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 10/29/2014  7:01 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply

Quote:
shamm922 is a member here on CCF. Hammbone


Oh, it's probably S. Hamm. I'd probably choose something else.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 10/29/2014  7:46 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
The treasury hoard was the Carson City Mint dollars sold in 1972.

The Redfield hoard coins sold by Paramount in the original Paramount Redfield Hoard holders command enough of a premium it would not benefit anyone to crack them out to include in this set. The vast majority of the Redfield dollars came from the San Francisco Mint.

He does not list any dates or mint marks on the coins included in this set.

Take that for what it is worth. . .
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Conder101's Avatar
United States
17884 Posts
 Posted 10/29/2014  8:33 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
There is a fair chance they are from those hoards but those are basically generic capital plastic holders and there is no way toe prove the provenance of the Casino, Treasury, or Continental hoard coins. The Redfield you could prove as long as it was in its special holder, but it has been removed from that. So basically all you have now are four generic MS dollars.
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Moe145's Avatar
United States
8904 Posts
 Posted 10/29/2014  8:43 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply

Quote:
So basically all you have now are four generic MS dollars.


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The Silver Searcher's Avatar
United States
1388 Posts
 Posted 10/29/2014  8:51 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
I would not pay any more for a coin based on its provenance. If I know it is real and the price is fair, then I will buy it, regardless of who owned it before me.
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Joe2007's Avatar
United States
3843 Posts
 Posted 10/29/2014  11:48 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
I understand why type this of provenance does carry a premium to some collectors. To me its neat, but not worth more. I wonder how much the original buyers of this set paid, seems to be a gimmicky type of product that a shop at home network would market. No offense to the ebay seller and CCF member, he might be spot on with the pricing, but this type of product is not for me.
Edited by Joe2007
10/29/2014 11:49 pm
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 10/30/2014  10:57 am  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Considering that the seller is a member of the board and should be knowledgeable, I'd bet that they were not the original purchaser of the set. I really doubt that a TPG would recertify these coins with a provenance label just based on the certificate provided by the marketer that assembled the set. Value should be just in the coins, plus maybe a little for the nice box.
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