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Thread: Kentucky Gold Hoard

  1. #1

    Default Kentucky Gold Hoard

    https://www.govmint.com/great-kentucky-hoard

    Exactly What Types of Coins Are In the Great Kentucky Hoard?
    This Hoard consists of U.S. Gold Dollars in Type I, Type II and Type III with the date range of 1854-1862. The Gold Dollars make up 95% of this hoard. Also found are about twenty $10 Liberty’s with a date range of 1840-1862, and eight $20 Libertys dated between 1857 and 1862. But—likely the most amazing discovery in this hoard is about eighteen 1863-P $20 Gold Liberty coins, one of the rarest dates in the $20 Liberty series! This is a coin that often commands a six-figure price.

    Each Struck in 90% Gold
    Each of the coins that are part of the Great Kentucky Hoard are struck in 90% gold at the Philadelphia, Denver, San Francisco, New Orleans or Carson City Mints.

    Remarkably High Grades and an NGC Pedigree
    The coins were sent to the Numismatic Guaranty Company (NGC) for certification and grading. Once the dirt was removed, the coins displayed eye-popping luster, and with most grading in Extremely Fine to Mint State (XF–MS) condition. The XF coins likely circulated lightly in commerce before being buried, and some of these coins could possibly have been picked up at a bank and never entered commerce. Nearly all of the 1863-P $20 Libertys graded in Mint State!
    Last edited by yellowsnow; 07-10-2023 at 06:24 PM.
    Last edited by yellowsnow; 07-10-2023 at 07:25 PM.

  2. #2

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    top view

    Last edited by yellowsnow; 07-10-2023 at 07:20 PM.

  3. #3

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    “The Great Kentucky Hoard,” has not been precisely valued, but just one of the coins, an 1863 $20 Gold Liberty coin, has in the past sold at auction for more than $100,000. The cache includes 18 of those, as well as more than 600 gold dollar coins, dating from 1854 to 1862.

    https://www.msn.com/en-ca/news/canad...f7df868a2&ei=9

  4. #4

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    NGC certified all the kentucky gold hoard coins

    https://www.ngccoin.com/news/article...vil-war-coins/

  5. #5

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    It's an interesting story and thanks for sharing it.
    There's not much monumental about this particular "hoard". There have been many other relatively small finds in the area. Many containing much rarer coins or a sexier story. The Jackson, Tn. find is one that has both rarity and sexiness and intrigue. If you like the marketing story of the "Great Kentucky Hoard" you should like this.http://https://acdwyer.com/stories/tennessee-hoard-of-gold-coins-page-1.php
    Most of what you bring is a great example of marketing. It's very title "The Great Kentucky Hoard" is ummm, good marketing.
    The label by NGC is something that money can buy. You could get NGC to make a Yellowsnow label if you payed the price. In this case it's Govmint who's doing the marketing. Govmint is not part of the government, any government, and they're also not a mint. From their own disclaimer at the bottom of the "story", the first line reads:

    GovMint.com® is a brand of Asset Marketing Services, LLC (AMS). AMS is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. The collectible coin market is unregulated, highly speculative and involves risk.

  6. #6

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    i have no intention prompting any graders or sellers.
    It is them that make the news.
    Fact is, the real winner here is the coin grader and marketer, where profits came to them unsolicited.
    Last edited by yellowsnow; 07-11-2023 at 05:55 PM.

  7. #7
    Join Date
    Mar 2009
    Posts
    11,663

    Default

    But—likely the most amazing discovery in this hoard is about eighteen 1863-P $20 Gold Liberty coins, one of the rarest dates in the $20 Liberty series!

    Well there goes the value of my 1863-P....lol. "...a little humor...very little"

    Thanks Yellowsnow for highlighting this story.

    I'd love to find a small hoard. One can dream right?
    ...be your own Health Care System... grow your own and eat well

  8. #8

    Default

    Well there goes the value of my 1863-P....lol. "...a little humor...very little"

    Thanks Yellowsnow for highlighting this story.

    I'd love to find a small hoard. One can dream right?


    lol, thx for dropping by, i kinda knew u like treasure find stories.
    Last edited by yellowsnow; 07-11-2023 at 08:57 PM.

  9. #9
    Join Date
    Mar 2009
    Posts
    11,663

    Default

    Yes, a few new discoveries can alter the prices of the top rated scarcest coins.

    When I was big into Pandas, a fellow contacted me through this forum and ask me to evaluate his hoard. He only collected 1/10th. oz gold coins, but he had up to 40 in original pouches of each year. I asked him if he would sell me some and he said he would make a list and work on it.

    I was working with him when suddenly no contact. I sent him a few emails, and his wife finally responded, he had passed away. I told her I had sent a list of current values to him and it should be somewhere in their house. I hope she found the list as the values of some years get pretty pricey.
    ...be your own Health Care System... grow your own and eat well

  10. #10

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    "Not much monumental about this particular hoard" ........except for the guy that found them probably is several million dollars richer by pure luck, with now a world class stack.

    Funny to see sour grapes/envy denial in action.

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