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Collectors Universe Inc. Message Board

  • dbtunr dbtunr Mar 11, 2014 3:36 PM Flag

    1M coin hoard being sorted

    will many of these find their way to PCGS for grading? These coins are all raw and in bags.

    Great American Coin Hoard Unveiled by Stack's Bowers Galleries

    - March 10, 2014
    Irvine, California - One of the greatest American coin hoards ever to be found has been acquired by Stack's Bowers Galleries.

    The hoard, which contains over a million coins, ranges from bags of large copper cents and Capped Bust half dollars, to Morgan and other silver dollars. Other coins include Washington quarters, Franklin half dollars, bags of Flying Eagle and Indian Head cents, nearly 10,000 1909 V.D.B cents, and more. Most are in circulated grades, and will appeal to collectors seeking coins that are both historical and affordable. The market value is estimated to be well into eight figures, with initial estimates ranging from $15 to $20 million.

    Designated as The Stack's West 57th Street Collection, the coins were obtained in New York City and around the country, then stashed away and never reviewed for key dates or attributed by varieties. Armed guards kept watch as the 30-ton hoard was unloaded from two large transport trucks and transferred into secured vaults. The sorting process has now just begun, and announcements of collection highlights will be made in the upcoming months as the hoard is examined.

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