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Another Hoard Consignment posted by Jackson

6 posts in this topic

  • Member: Seasoned Veteran

and "hoard" may truly be the most apt word for this collection

 

I have written over the years about several large coin collections that have fallen into my hands to convert to spendable money for the inheritors. Once also, a friend's parents from my church asked me to estimate-and then ultimately purchased several cardboard boxes of mixed circulated coins.

 

Hoard one had 4 large rubbermade toolboxes and I shared great deals with my old friends at Trading slabs--rons, sam/coindude, antthe, monkeyman (rest in peace chad) matt and matt, walt etc etc...the rest I listed on moneymarketplace and finally ebay with the stragglers. Ultimately I did well for my friend ( whose brother had died) and the funds I generated from the sales enabled him to repair his brother's home and sell it at a nice price.

 

Hoard 2 was just a bunch of shoe boxes but had nicer coins--common date AU/BU morgans, walkers and peace dollars. I selected about 20 higher quality "feeler" coins for a submission. They came back with modest grades and after I did some math, it turned out that it was not worth the time or effort to submit any more for the modest increase in value slabbed did not really offset the slabbing, shipping and selling costs.

 

This last hoard is massive--55 cases of coins--unfortunately it is all moderns. It appears there are examples of every modern issue and special packaged mint set/proof set the mint has made since 1982.

 

I say "hoard" because it is not just 1 of each state quarter proof set-- it is 5 to 10 of each state quarter proof set in both clad and silver, 5 to 10 of each complete proof set clad and silver, a P and D roll with mint wrapper of each state quarter--and yes, even $25 canvas BU bags of each state quarter P&D. ....and this is just state quarters, there are rolls of mint packaged/wrapped kennedy halves BU, prezzie dollar BU, westward journey nickel BU..etc etc etc.

 

So I started by cataloging all of it in 2 notebooks--one book with proofs, proof sets and special mint sets and packaging ( like legacy sets, lincoln 4 coin and dollar sets, westward journey set with the $10 buffalo bill)...the second notebook is full of MS rolls, MS P&D sets, single coins and misc foreign coins. It took a few hours every night to finish this ( and also was getting an idea of how to break/group these items into saleable lots.)

 

I sent away 40+ coins for slabbing--some of the choicer modern commems like the buffalo silver dollars,the handful of $5 gold commems, a run of 1/10th oz gold coins from 1990 to 2003 and 1/10th platinums proofs from 1990 to 2005, 2008 proof and unc buffalo gold 1/10th's, 5x 1996 ASE's and 1x 2006 silver 3 coin ASE set-- etc

 

All of these will be for sale once returned and I'm hoping for a decent amount of 70's since all were still in mint packaging and left there.

 

I may do a few more submissions since so many of these mint state envelopes of P&D sets are pristine. Maybe I'll get some top pops of tougher dates, some full steps, full torches, or even a MS68 Kennedy or IKE or 2 would make the submission well worth the costs.

 

Also I'll probably do one foreign coin submission since there are boxes and boxes of those $20 silvert canada coins, canada proof sets, 15 different dated mexico uno onza angle coins, brittanias and maple leafs--I'll have to check and see if the values would increase enough if they received good grades or if there is a market for these foreign bullion pieces in slabs.

 

It really was a joy and exciting to sort through all of these plastic cases--never knowing what I might find next ( I'm sorting through some proof set runs and at the end of the box are 1x each of 1957 through 1967 envelope proof sets-fun stuff).

 

I will be posting an on-going thread on moneymarket place on the boards to sell all of this--foreign, rolls, sets and slabs..I'm waiting for the executor to give me the go-ahead to begin selling ( it ended up being my oldest daughter as executor which is a long story) what I can't sell here I'll probably list on ebay or purchase myself and set aside--I'm confounded as to what to do with $25 roll of P&D of each Sac dollar, each prezzie dollar etc etc--I can't sell on ebay because fees and shipping will probably leave me getting less than face value...we'll see.

 

Here's a picture of what used to be my office...

15674.JPG

 

See more journals by Jackson

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Thanks for the mention in your article. Man I miss those TS days. Great grip of guys. Ant, Wigge and Jeffs were some of the others that I had much fun trading with and of course I see Walt and Ron playing trivia. Stop by sometime I'm site the guys would love to see ya! If you have any left over Bullion silver stuff left over give me a shout!

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it has been a lot of fun to look through--even though it's not mine--but now the work will start with the breaking into lots, determining what's worth slabbing ( most likely won't even mess with any of the rolls, mint sets, proof sets etc--just a few of the single coins, bullion dates and commems to submit where price jumps at 69/70)..trying to do all of the cheapest yet secure packaging--labeling, update the sold items and log the sales for the seller..good thing they are family or I would have charged a nice fee for doing this... Rick..contact me back with preferences regarding the email I got..I'm getting several others for other things and although I can't finish sales, I can reach deals and reserve things for those who ask..

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