#168777 - 07/30/0304:36 PMRe: Missing 1913 Liberty Head Nickel Found !
[Re: gmarguli]
LeothelionLeothelion
The Post-man always rings twice. Uhm... ring ring?
Registered: 03/13/03
Posts: 1908
Loc: Illinois
If you can believe that some grocery clerks have never seen a Sac dollar..........it's all just too coincidental. Hey, maybe someone can offer a million for the whereabouts of the two presentation pieces that were given to Mrs. Felix Schlag back in 1966. Claims are, they're the two rarest proof coins made in the 20th century.
Registered: 01/28/02
Posts: 18034
Loc: Los Angeles
Quote: I've always felt the story about these coins (like the 94-S Dime) is interesting but I'm not sure even if I had the dough whether I'd like to own one. After all, the Liberty design is butt-ugly....that doesn't help much...
Agreed. The story itself is interesting, but it doesn't make it a million dollar coin to me. As for the 1894-S 10¢ I can believe those were struck for legitimate purposes. They have an official record. These 1913 5¢ aren't even close to being real coins. And as for the design, well, I can easily afford any of the other dates in high grade, yet I own none.
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#168779 - 07/30/0305:38 PMRe: Missing 1913 Liberty Head Nickel Found !
[Re: gmarguli]
keithdagenkeithdagen
I was posting here when you were in diapers.
Registered: 01/29/02
Posts: 3247
Loc: Plano, TX
I love the AP quote by Paul Montgomery below:
A newly authenticated 1913 Liberty Head nickel, bottom, sits with the other four known coins of its type early Wednesday, July 30, 2003, in Baltimore. The American Numismatic Association brought six coin experts from around the country to meeting late Tuesday in Baltimore. They declared the coin to be authentic after comparing it to the four documented coins. The coin is one of only five in the world minted illegally 90 years ago, said Paul Montgomery, president of Bowers and Merena Galleries in Mandeville, La., a coin dealer, who offered a $1 million dollar reward for the coin.
I think the coin is real. CU, B & M, and David Hall would be in serious trouble if they said a coin is real when they knew it was bogus.Apparently someone blundered when they said it was an altered date back in the 60's.
#168781 - 07/30/0310:17 PMRe: Missing 1913 Liberty Head Nickel Found !
[Re: lclugza]
coinman1794coinman1794
I was posting here when you were in diapers.
Registered: 03/02/02
Posts: 3477
Quote: I think the coin is real. CU, B & M, and David Hall would be in serious trouble if they said a coin is real when they knew it was bogus.Apparently someone blundered when they said it was an altered date back in the 60's.
I think Keith is refering to the fact that the coins were illegally produced, and thus, the 5 genuin 1913 nickles are all bogus !
#168782 - 07/31/0312:06 AMRe: Missing 1913 Liberty Head Nickel Found !
[Re: coinman1794]
keithdagenkeithdagen
I was posting here when you were in diapers.
Registered: 01/29/02
Posts: 3247
Loc: Plano, TX
Quote:
Quote: I think the coin is real. CU, B & M, and David Hall would be in serious trouble if they said a coin is real when they knew it was bogus.Apparently someone blundered when they said it was an altered date back in the 60's.
I think Keith is refering to the fact that the coins were illegally produced, and thus, the 5 genuin 1913 nickles are all bogus !
Yes, all five coins are bogus and illegally produced. The Secret Service should go to Baltimore and confiscate all of them since they are gathered together at one convenient location.
Registered: 01/28/02
Posts: 2092
Loc: Salt Lake City, UT
Quote: I don't want to sound like a conspiracy theorist, but this sure seems a little too clean for me. It ends up back with the family who was thought to have it. They got one opinion that it was fake, yet they believed it real for a long time and did nothing to prove this.
Eh, it sounds plausible to me.
I figure they had it laying around, took it to the one dealer (who thought it was a fake), and then still kept it, but didn't think anything of it. Probably threw it in the attic or somewhere. To them, it was probably one of those silly little knick-knacks or souvenirs you buy while on vacation that are useless but you never throw away.
Fast forward 40 years later. Several news stories about a $1 million+ coin. They remember they had that old one in the attic somewhere and think "What the hell, why not give it another try?" After all, if it's a fake, they still haven't lost anything. As it turns out, it just didn't happen to be fake this time.
I'm sure hundreds of other dealers have had the same experience, except with a non-authentic piece.
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I saw pictures of the coin in it's holder on last night's news. It resides in what appears to be a late 1950's or very early 1960's custom made lucite holder. The holder is clearly inscribed as to what the coin is and also has Walton's name. I am waiting to read the detailed accounts of the introduction of this coin to the public before making any other judgements.
Modern technology! Isn`t it great? Computers, robotics, lasers, ect.... I wonder when the rest of the 94-S Barber dimes will be discovered. Or, perhaps a few new 1804 dollars. There are plenty of those that have been deemed altered dates. Hmmm, what better way to turn up the heat on an already hot market. Than to publicize the discovery of an extremely rare coin thats worth millions. I predict a leap in price guides for the liberty nickel series, particularly those coins deemed key dates. Just look what happened to the series after the announcement of the reward. I`ll also wager that the 1913 goes up for sale on the auction block immediately with a sale date almost a year or so away to allow for price increases in the series. Dealers will advertise prices that will far excede book values for key dates. E-bay will be flooded with Liberty nickels. The media will be saturated with the story. My final prediction is that grandpa`s and grandma`s across the nation will be checking those shoe boxes, cigar boxes and dresser drawers to look over what they might have. Then they will seek out dealers who will offer to buy, but only at below wholesale prices. By the way have read the articles about how much trouble dealers are having replenishing their inventories?
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#168786 - 07/31/0310:41 AMRe: Missing 1913 Liberty Head Nickel Found !
[Re: William_Gibbs]
ArchitechtArchitecht We apologise again for the fault in the moderation. Those responsible for sacking the people who have just been sacked have been sacked.
It's POSSIBLE that your competitive spirit has displaced your sense of courtesy.
Pedigreed
Registered: 01/25/02
Posts: 5854
Loc: Chicago area
Incidentally, hi William, welcome to the boards!
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