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Omaha Bank Hoard ?

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2boys28's Avatar
United States
14 Posts
 Posted 04/30/2006  9:36 pm Show Profile   Bookmark this topic Add 2boys28 to your friends list Get a Link to this Message Number of Subscribers
Was just wondering what Omaha Bank Hoard means. I noticed this on a few graded coins (pcgs) on the graded label. Just wondering what it means and if it makes the coin more valuable.

Thanks Tom
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Bryan1315's Avatar
United States
14454 Posts
 Posted 04/30/2006  9:40 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
it is the coins that was found in the Omaha bank vault and was sold off peice by peice. it is just like the redfield hoard or any other hoard that was found and split up and graded, they will be labeled as such by the grading company. I am not sure of the whole story of the Hoard but I am sure someone else does
Edited by Bryan1315
04/30/2006 9:46 pm
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scoutjim99's Avatar
United States
4589 Posts
 Posted 05/01/2006  02:47 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
When they have a specific name to the collector for example they are pedigreed and as Bryan1315 said
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/01/2006  7:32 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The story is this:

A gentleman collected coins, apparently from an Omaha bank, for many years. As was the old habit, he collected them by rolls rather than examples - many folks used to acquire a roll of each coin, every year, for their collection. The gentleman in question did this for a few decades starting in the late '30s. A few years ago, Heritage acquired the 2000+(!) rolls of Brilliant Uncirculated (it's said that the collector cherrypicked only the best gems for his rolls) coins, ranging from pennies to halfs, and had them slabbed by PCGS. Thus, the name.

It was admittedly a sizable hoard but I think Heritage's position in the industry had a lot to do with it getting specifically named on the PCGS slabs.
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