Registered: 01/28/02
Posts: 7204
Loc: South Central Orange County
Am I the only one who remembers the Haversham Hoard? The story is that Miss Haversham collected 55-gallon barrels of Buffalo nickels and buried them in her backyard.
She must have been one strong lady!
_________________________
"I collect what you don't" Obscurum per obscurius
#1821147 - 08/02/0705:44 PMRe: Please name, and give a brief history, of great coin hoards...
[Re: shirohniichan]
edmerlredmerlr
If I just sell the car, I can up my bid...
Registered: 07/25/07
Posts: 162
Can I assume that everybody knows about Q. David Bowers book titled: "American Coin Treasures and Hoards" which is out-of-print but still can be found?
It is a large book with 8 1/2 x 11 pages and there are 456 pages, many with illustrations.
It was published in 1997 by Bowers and Merena Galleries. There was a 2nd printing in 1998. My book is the 3rd printing which was in March 2002.
I quickly searched my normal rare and out-of-print book supplier on the internet:
I found 5 copies available. ...but unfortunately the book does not come cheap. Prices range from $125 to $318. (Hey! That's only 27.4 to 69.7 cents a page!)
This book will give you hours and hours of great reading. For months I kept it on my bedstand for late night reading. ...and judging by the resale price of the book, it should even be a good investment. (Keep the Grandkids and their crayons away from it.)
SIDE NOTE TO MYSELF: The wife knows what to do with my coins should I suddenly "have the big one" and go off into the Happy Other World. ...but perhaps I should remind her not to throw my numismatic library into the recycle bin!
Can I assume that everybody knows about Q. David Bowers book titled: "American Coin Treasures and Hoards" which is out-of-print but still can be found?
It is a large book with 8 1/2 x 11 pages and there are 456 pages, many with illustrations.
It was published in 1997 by Bowers and Merena Galleries. There was a 2nd printing in 1998. My book is the 3rd printing which was in March 2002.
I quickly searched my normal rare and out-of-print book supplier on the internet:
I found 5 copies available. ...but unfortunately the book does not come cheap. Prices range from $125 to $318. (Hey! That's only 27.4 to 69.7 cents a page!)
Thanks for the info! I've been wanting this book for along time and had no idea that it is out of print.
Registered: 01/12/07
Posts: 35
Loc: The Blue Ridge of Virginia
Originally Posted By: WoodenJefferson
As a result of this successful dispersal strategy, the entire silver dollar market grew for the next five years. From 1982 to 1985, for example, Morgan Silver Dollars in MS 65 increased in average value by 450%! Collectors and investors alike were happy, and the hobby enjoyed a wonderful resurgence.
I find this fascinating. I can almost grasp this possibility, but then...
I have avoided any further purchases in Morgans for fear that new hoard finds like this would drop the bottom out of the coins' values. For instance, I have an 1885-CC NGC MS65 that I simply list as my poorest investment to date.
At the very least, I have suspended any further collecting of Morgans until I know a lot more about them. I'm learning...slowly!
I always assumed that rarity was the driving factor in a coins value. I suppose that demand is another. I would be interested if any of you know how the two offset each other. For instance, how can the release of a Morgan hoard increase interest to such an extent that the increased supply (higher census count) is offset by increased demand?
Are there other examples of this happening? Are common-date St. Gaudens coins experiencing appreciation due to increased demand pressure (I wish I could find a good hoard of them right now! )?
If you have a dream about out-posting me, you better wake up and apologize.
Registered: 12/23/04
Posts: 2960
Loc: East Coast
Wanted to share this here for those non EAC'ers: Worth joining if all's you want is to read "Penny-Wise"
Enjoy!!!!!!
_________________________ Enjoy Your Coins.
It is sometimes difficult, even for professionals, to appreciate the restrictions to which art must conform when intended for coinage. Don Taxay, 1967.
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J Cress 3134739
Worth joining if all's you want is to read "Penny-Wise"
