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Another Hoard? Or Another Trick?

I tape coin shows. There on late and over priced. However I listen to Rick Tomaska. He tells you about the coins. This morning Dec,28 I was watching the recording of Ricks show. Well he had his usual fifty to a hundred coins. Only these were not regular silver eagles. They were found in a Hoard. Not in a field of bank but The West Point mint. They were the 2016 anniversary silver eagle with edge writing. When is this going to stop. PCGS and NGC have special labels and everyone has special prices. Where did they find these? Lunch room bathroom I mean how can a mint loose coins for years . Don't they take inventory? I guess not. Another fake rarity. I'm tired of this.protocol calls for the O.G.P. To be destroyed and the coins melted. The director said no. Theres money here. First it was C.C.hoard I can see that. Then P.CGS and coin world through the freedom of information act forced the Philadelphia mint to reveal 79,000 Eagles. Now this. When will the next one happen? I'm not paying big bucks because they don't no we're there coins are. What do you think?


1 year ago

I think it's bull. This proves what the mint thinks about us. Thanks for the heads up.

1 year ago

This a a major problem. Not only does it affect longtime collectors, but collectors new to the hobby that buy into this scheme and find out it is fake can be frightened to go on. I feel that an organization, even law enforcement should be involved.

1 year ago

Nub I totally agree. But an organization like a watch dog. Make sure they do everything but the books. It's a shame. If you read my blog they have done it before. It took the freedom of information act to catch the Philly mint thanks mike

1 year ago

Too many bureaucrats in the government that can not be held responsible.

1 year ago

I was thinking of a combination of experts like authors, and respected collectors. No one from governing from the hobby. What do you think?

1 year ago

People like Q. David Bowers and the PNG would be good.

1 year ago

It has to be a group that has the collectors watching thebmint. Making sure coins are were they are. Now I knew that monster boxes are listed with magic marker. What about bad codes. They are the way to update the mint. 

1 year ago

To be honest, I like Rick Tomaska. He has assembled some of the finest collections out there for some top collectors. Generally, I take him at his word when discussing rarity versus condition. Apparently, others do as well.


That said, I think lately he seems to be sidetracked with moderns as you've mentioned. Yet he's still a far way off from those two guys on the other show. You know of who I speak. Selling coins which are rare by no means for three hundred percent above market or more. Misleading the uneducated through all these "special" labels.


The only remedy to correct this is education. Know what you are buying and why.  


   

1 year ago
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