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 Replies: 26 / Views: 11,259 |
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New Member
United States
17 Posts |
Hey guys I am at work right now a a friend just asked me what I could do with his 1lb Binion Hoard unopened bag. He wants to open it but, he is not wanting it for a collectors point rather than get a good dollar for a bit of money. Any good advice? I would love to help him search it but, don't want to take money away from him that he could use today.
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Pillar of the Community
United States
781 Posts |
Talking about Ted Binion? wasn't Binion Hoard known to be silver? how much could would actually be in a 1lb bag of silver coins? I don't think Binion would have bothered stashing bags of cents, much less in 1lb increments. Where did this so-called Binion bag come from? Just open it, see what's inside put on ebay if all he wants to do is sell it all. He'll get more from selling it in pieces rather than trying to entice buyers with a "mystery bag" of one pound. Edited by jedichef
09/19/2011 10:08 pm
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Pillar of the Community
United States
3276 Posts |
 I think if it is silver then it won't be sold at melt because it is a mystery bag. If you know what exactly is in it then you can really get your money's worth. And plus, I'm curious as to what is inside. |
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New Member
 United States
17 Posts |
This bag came from his vault, has a invetory sheet and a lead seal. 78 coins He thinks it says X amount of Quarters X amount of dollars As for the X it also says Circulated and possible un circulated coins.
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Pillar of the Community
United States
781 Posts |
Just open it. Most for the money.
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Pillar of the Community
United States
3540 Posts |
...and don't forget to sell the bag on ebay as well. |
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Pillar of the Community
United States
3276 Posts |
How do people buy those bags?
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Pillar of the Community
1283 Posts |
I would love to have one, get to the req. posts and sell it to me. I am really interested in the Binion Hoard.
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Pillar of the Community
United States
526 Posts |
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Pillar of the Community
United States
4867 Posts |
I always thought it was funny that people got their "hoard" of coins named after them.
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Valued Member
United States
257 Posts |
You should turn on your PM option, I have a feeling people might want to contact you.
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Bedrock of the Community
United States
19935 Posts |
If there's anything worthwhile, it's best to open it and see. How much are they selling these bags for?
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Valued Member
United States
466 Posts |
I read the link posted by freedom and would like to thank him for the posting
very interesting and I even looked more information up on this collection.
Cool read, I suggest it
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New Member
United States
17 Posts |
If you open the bag there is no way to prove that the silver is from the Binion hoard. I would leave it sealed and keep it or sell it as such. IMHO.
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Bedrock of the Community
United States
19935 Posts |
Who cares where they're from? LOL If high grade coins were found in the other bags, it's worth more to open the bag, cherry pick it and get some PCGS slabs made. I don't what these bags cost, but you could potentially recover your money with just a couple of high-grade coins.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Valued Member
United States
304 Posts |
After reading the article the treasure hunter in me says you need to open the bag. Roll camera, slap your gloves on, and make your own bit of personal history.
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Replies: 26 / Views: 11,259 |
Posted 09/19/2011 10:13 pm
