| Author |
 Replies: 13 / Views: 983 |
|
|
New Member
United States
2 Posts |
Hello, I just purchased a 1905 US Gold (uncertified) coin that came inside a square plastic unsealed sleeve. It had a sticker on the sleeve GSA with a barcode. I asked the seller what this was and should I keep it with the coin. He has not answered. Will someone here tell me what it is and do I need to keep it with the coin? Was it a government auction of some type? Thank you for responding.
|
|
|
|
Pillar of the Community
United States
3468 Posts |
We're going to need to see photos of what you're describing.
|
|
Bedrock of the Community
United States
94367 Posts |
  to the CCF! Edited by Coinfrog
01/07/2024 11:02 am
|
|
New Member
 United States
2 Posts |
Here you go, thanks for responding.   |
|
Pillar of the Community
United States
4233 Posts |
From what I've read there was never any gold hoard distributed by GSA, in the same sense as the Morgan hoard dispersal, but there are NGC-slabbed gold coins with "GSA" or "GSA Gold Hoard" on the label. My guess is that they came from drug confiscations or similar. Scan the QR code and see what it says, or post an image with the full code and I'll scan it. The ones I'm finding are all foreign gold coins; one listing says "from the GSA Gold Hoard released 2005-06." Maybe someone knows more about this.
|
|
Bedrock of the Community
United States
94367 Posts |
Not a bar code but rather a QR code. Have you scanned it? Who did you buy it from?
|
|
Pillar of the Community
 United States
6507 Posts |
I don't know what it means. But it doesn't mean, General Services Administration
|
|
Bedrock of the Community
United States
11880 Posts |
Maybe it was an item confiscated by federal law enforcement that was given to the GSA to liquidate. That's the process used to liquidate the Treasury Morgan dollars through GSA in the last century. Maybe a drug dealer, money launderer, tax evader previously owned that gold coin. Likely a dealer bought the property from GSA and left the sticker in the flip. It is also possible that a dealer was retained or hired by GSA to liquidate numismatic property for the government. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
01/07/2024 12:37 pm
|
|
Pillar of the Community
United States
4233 Posts |
Quote:
I don't know what it means. But it doesn't mean, General Services Administration But as I said, there are NGC-slabbed coins with GSA Hoard 2005-06 on them. From a 2008 post on the NGC forum by David Lange: "These were gold coins that NGC certified a few years ago from a GSA dispersal. Unlike the silver dollars, these coins did not come in any special holders from the GSA; they were raw until certified by NGC." So possibly GSA put them in these flips with inventory codes. We need to scan the QR code and see. |
|
Bedrock of the Community
United States
11880 Posts |
I don't think QR codes were used in 2005-06. Likely more recently sold by GSA. Back then bar codes were more prevalent.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
01/07/2024 12:39 pm
|
|
Pillar of the Community
 United States
4588 Posts |
Looks like a dealer's inventory sticker
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
|
Moderator
United States
187702 Posts |
to the Community! Quote:
Looks like a dealer's inventory sticker  |
|
Pillar of the Community
United States
4233 Posts |
Quote:
I don't think QR codes were used in 2005-06. The QR code was released in Japan in 1994 and adopted as an ISO standard in 2000. There was a GSA presentation at an expo in 2011 on how to use them, so it does seem reasonable to conclude that they weren't using them in 2006. GSA auctions happen all the time though. Edited by kbbpll
01/07/2024 12:53 pm
|
|
Moderator
United States
34396 Posts |
I'd probably save it as it helps to establish provenance for this coin. Good question though.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
|
| |
Replies: 13 / Views: 983 |
|
Posted 01/07/2024 11:02 am
