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Haney's Blog

02 Aug 2017

"HOARD OF 1804 DOLLARS DISCOVERED"

Library | Haney

Yes, thirty gleaming 1804 dollars discovered in the former home of Captain Mark Druce.  The coins, thirty of them, in an oilskin parcel had laid hidden in the roof soffit all these many years.  The discover of the hoard was Hildur Gaites, a landscape painter, who currently is leasing the property in  Ramapo Valley, NY.   There had been talk over the years that a treasure did exist in the home placed there by its original owner.  As the story goes Captain Mark Druce had found a little japanned box containing thirty 1804 dollars during his time as a privateer, though until now no one has known their whereabouts of this hoard.  It is rumored that the land owner has entered into an agreement to sell the entire group to Aaron Van Saun.

Well before those lucky 14 owners have a coronary knowing the values of their prized coins have just dropped I better fess up.  This is a fictitious story, but I am not its author.  The title of the book is Letters of Marque, by Albert Payson Terhune  originally published in 1934.  The author is best known for his stories about collies with Lad still being in print, but his earlier works includes mysteries which this is one of them.   I first started reading his books after a recommendation from my high school librarian.  I bought my first book by him from an antique store in the same plaza I worked while going to Phoenix Institute of Technology and now almost thirty years later I have almost fifty titles by him, the rarest being Colombia Stories.

Now as to what inspired him to write this story I could not readily find it.  I checked the Numismatist online, but could not find any specific references in 1934.  The closest I could find was a private sale in 1932 by B. Max Mehl to the witch of wall street.  With Terhune residing in Pompton Lakes, New Jersey it is quite possible something of that sale appeared in a local paper and struck inspiration.  Maybe someone reading this might be able to shed some light on it. 

Should you wish to own a copy of this book for an enjoyable read I find that it is available on Bookfinder.com from the low end of $30 - $1,700 the latter being the authors own copy.  Books like coins both condition and provenance matter when dollars are concerned.

Comments

Kepi

Level 6

Interesting story! Thanks for sharing it!

Longstrider

Level 6

Great story. Thanks !

Longstrider

Level 6

Great story. Thanks !

SpartaCuse

Level 4

That certainly would have been something !

Haney

Level 4

I agree a find like that would be really something today, and even in 1934 thirty of them would have gone a long way. Granted the coin I mentioned that was sold to Hetty Greens son in 1932 only sold for $3,200 when it was sold in 1940. In today's inflated dollars that seems like a steal.

user_9073

Level 5

When novel have real-life elements, I think it makes for a better read. Thanks for the post.

CoinLady

Level 6

Thanks for this. I'm going to look for that book. How many novels have been written abt rare coins? I think there was one abt the Brasher Doubloon.

Haney

Level 4

Actually there is a story about a Brasher Doubloon, they show the cover of the book in the Numismatist. Funny thing is I was not looking to tie into the magazine with this blog as I had not look at it yet.

Conan Barbarian

Level 5

you got me there for a second, i thought 30 1804 dollars were just found

"SUN"

Level 6

Thanks for sharing the story.

Haney

Level 4

Your welcome, I originally read this title a few years back when I purchased the book not knowing the numismatic connection just it was a Terhune book.

Mike

Level 7

I thank you for the writing and information but I do not know of this story. I can say it was interesting. Thanks again. Mike.

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