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Jim_Alaska 04:37:32 Wed Feb 26 2014 Offline 4302 posts Admin Reply

California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper http://www.foxnews.com/us/2014/02/25/california-couple-finds-10-million-in-rare-coins-while-out-walking-dog/ --- Jim_Alaska Administrator jfoley@sisqtel.net

dickb 20:42:07 Wed Feb 26 2014 Offline 102 posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper Hey Jim: You need to be more careful where you hide that stuff. Dickb

hoppingforpay 22:15:26 Sun Mar 2 2014 Offline 164 posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper http://www.dailymail.co.uk/news/article-2568952/Could-newly-discovered-gold-coins-haul-stolen-disgraced-San-Francisco-Mint-employee-1901-Treasure-hunting-enthusiasts-weigh-origins-couples-10-million-find.html

geowizard 18:02:30 Tue Mar 4 2014 Offline posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper Yep, and now it looks like they will have to be returned. - Geowizard

Rod_Seiad 17:02:53 Wed Mar 5 2014 Offline 1 posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper Food for thought Regarding that gold coin hoard found in California. Reports say it consisted of 1400 $20 double eagles, 50 $10 coins and 4 $5 coins. Face value of the coins is $28,520 $1 bought .0484 oz. of gold when these coins were minted. Note: The '$10 million' value reported in the news is numismatic - many of the coins found are rarely seen in very good condition GOLD melt value for those 1379 oz. is over $1.8 MILLION at today's prices $1 today buys only .0007517 oz of gold so... $1 today buys 1/64th of what it did when that hoard was buried -------------------------------------------------------------------- My opinion is........ The couple who claim to have found the hoard are deceiving us. Why did they lawyer-up rather than keep quiet? Guilt probably. Emotional duress. They couldn't endure their challenge. They were too weak.

geowizard 17:23:19 Wed Mar 5 2014 Offline posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper All that's needed is "A Simple Plan". :smile: https://www.youtube.com/watch?v=hn81aL59Bjg Watch all the trailers. - Geowizard [1 edits; Last edit by geowizard at 17:26:34 Wed Mar 5 2014]

MadJack 10:22:25 Fri Mar 7 2014 Offline 299 posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper Cash, gold, silver or ammo, the only person who would know about it would be the collector I'm selling a piece to, and no one would ever know the total! Sell one or two big dollar coins local... buy gold from miners, Rinse, Repeat! --- MadJack_ME

geowizard 14:59:52 Fri Mar 7 2014 Offline posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper I guess I watch too many gold shows. :confused: A while back, there was a documentary about the US Mint and it concluded with a segment on numismatics and certification (grading) of coins. There are meetings of the half-dozen top coin graders that occur and they pass coins around the table and form a consensus on the grade. The coin is sealed in a plastic case with the grade. Coins are submitted by collectors for certification for the purpose of asserting "value" of the coin based on the certification. There is a "known" number of Lady Liberties in circulation among collectors. They have been certified. There is a known number of counterfeit Lady Liberties in circulation among collectors too. The graders have identified a certain "marking" on the counterfeits that identifies the coins. Seems there is an unusual mark like an omega symbol. So, now, "real" Lady Liberties begin to enter the system. A collector wants to certify a coin... Then another collector wants to certify his/her coin... - Geowizard

Rod_Seiad 15:48:04 Fri Mar 7 2014 Offline 1 posts Reply

Re: California couple finds $10 million in rare coins Interact Reply Quote Report To Mod Last Posts Ignore User Global Ignore Whisper Anything in excess of the melt value is speculation which oftentimes causes the whole deal to bust. The $1.8 mill would have buttered my toast just fine.

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