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 Replies: 12 / Views: 2,398 |
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New Member
United States
2 Posts |
I recently purchased an original 55lb bucket of uncirculated, still in the wrappers, still in the US Mint bag, in a black ~3gallon bucket that is all 1964 dimes. I'm curious if there is anyone out there that has seen this before, knows how it can be valued? The top lid was opened to validate what was in it (it was originally sealed). It has all the US Mint markings on the bucket and the sealed bag with the dimes inside still wrapped (can't see them, but can feel them). I was present when the bucket was unsealed and I purchased it from someone that I truly do trust so there is no chance of this being a fake.
I've looked everywhere for information on this and have come up with very little. Apparently when they announced the end of the silver dimes in 1964 the US Mint would allow people to buy up to 5 of these buckets at face value. It weighs in at just under 55 lbs total weight.
Any info would be helpful! I don't have a picture of it yet but I will get one put up in a day or so.
*** Moved by Staff to a more appropriate forum. ***
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Rest in Peace
United States
17900 Posts |
 please! |
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Pillar of the Community
United States
3210 Posts |
Basically the dimes would just be silver value....64 dimes like 2 billion or so were made
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Pillar of the Community
United States
717 Posts |
It seems like the OP is saying these are original wrapped coins, so UNC? Certainly worth a bit more than melt.
Numismedia FMV lists ms63 @ $4.43, ms64 @ $6, and ms65 @ $12.50. Even reducing those prices by 20% or more, you could hopefully find a couple worth more than silver value.
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Pillar of the Community
United States
717 Posts |
Man, did I do my math right? That would be like 10 grand in silver value alone...  |
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New Member
 United States
2 Posts |
I paid for it based on current bullion value, and yes they would ALL be MS63+ since they are in the original wrappers and mint bag, assuming they were not subject to any environmental issues. I'll get pics up soon.
Anyone ever heard of this kind of thing? I'd like to find some historical reference to this or the program.
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Valued Member
United States
403 Posts |
Never heard of them being in buckets, I know they currently are transported in HUGE bins to distributors, who roll/box them.
I don't see much of a premium for these, it would take quite a while to go through and pull any gems worthy of slabbing.
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Valued Member
United States
243 Posts |
We need to see pics of that. Sounds pretty cool.
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Valued Member
Belgium
464 Posts |
a bucket full of dimes.....i DEF WANNE C THAT !  Edited by dohcollector
11/18/2015 03:41 am
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Moderator
 United States
56855 Posts |
 to CCF. Photos please.I have never heard of bucket of dimes from the U.S.mint before. John1  |
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Rest in Peace
United States
18456 Posts |
 Wow ,I never heard of that. has to be some nice gem toners in that lot. I would say you did very well.  |
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Bedrock of the Community
United States
17884 Posts |
I've never heard of anything like you are describing. I also seems very unlikely. The mint shipped coins in $1000 face value bas, not buckets. The never packaged coins in holders or wrapped rolls. And at the time the Mint considered collectors to be "The Enemy" and they were trying to do whatever they could to discard hoarding, so why would they offer ready made hoards directly to "The Enemy"?
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Pillar of the Community
United States
500 Posts |
Yes, to my knowledge "the mint" has never wrapped coins but what a find! Get some graded and labeled "from the Netbones Hoard"  And..... Can't wait to see the pics! |
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Replies: 12 / Views: 2,398 |
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Posted 11/17/2015 9:39 pm
