Showing posts with label proof coins. Show all posts
Showing posts with label proof coins. Show all posts

Monday, August 13, 2018

8/13/18 Report - Valuable Coin Collection Dug Up In Backyard. Famous Selby Gold Heist. Big Low Tide Today.


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Beautiful Encased Proof Set Among Coins Dug Up In Back Yard.
Source: CoinWorld link below.

An eight-coin 1876 Proof set containing silver and minor coinage, buried by its owner in the backyard of his Chicago home more than two decades ago, was brought for authentication and grading April 27 to the Central States Numismatic Society convention in Schaumburg, Illinois, by the late owner’s son...
The late collector, who died in 1994 at age 84, suffered with Alzheimer’s disease the last five years of his life, according to his son. The son said there’s a possibility that his father may have buried his entire extensive collection of United States coins. The coins, which have been off the market for more than 50 years, were primarily silver and gold issues.
In a May 3 interview with Coin World, the son, who requested anonymity, indicated his father collected a lot of U.S. gold coins, focusing on his birth year of 1915. Asked how many coins he had dug up from his father’s backyard, the son indicated he didn’t have a firm count but he had weighed them all, and combined they weighed “in the pounds.”
Here is the link for the rest of the article.
https://www.coinworld.com/news/us-coins/2018/05/family-finds-1876-proof-set-buried-in-yard.html

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Story of the Selby Gold Heist.

"I committed the greatest robbery of the century and I did it alone."

So bragged Jack Winters, a.k.a. Buck Taylor, after he stole gold bullion worth $283,000 — the equivalent of about $17 million today — from the Selby Smelting Works in Contra Costa County on Aug. 5, 1901...

"I made fourteen trips from my tunnel to the wharf where I lowered the bullion into the bay," Winters told reporters in an Aug. 12, 1901, Chronicle article. "I made a mark on the wharf where I dropped each bar, so that I could readily find them."

By then dawn was breaking, and Winters was running out of time. He left behind $130,000 of gold, and in his haste, dropped two bars on the beach. Still, he was able to submerge more than $283,000 in bullion in the bay and make his getaway.

When Selby employees opened vault the next morning, they found the hole in the floor and almost 900 pounds of gold missing. No one suspected a one-man job: the prevailing theory was that a gang of crooks tunneled to the gold, hauled it through a railroad tunnel and loaded it on a boat moored in the bay off Vallejo Junction...


For more of that article on the Selby gold heist, here is the link.


Imagine strolling along and seeing one of those gold bars on the beach?

Is any of it still out there to be found?  Could be.
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There is still a disturbance in the middle of the Atlantic, but don't expect it to affect us at all.

There is going to be an unusually low tide this afternoon.  Maybe you can take advantage of that.  The surf will be smooth too.

Happy hunting,
TreasureGuide@comcast.net

Monday, June 13, 2016

6/13/16 Report - $13 Million Worth of Shipwreck Gold Coins. Proof Coins Found in Change. Royal Escudo Rumored Found on Treasure Coast


Written by the TreasureGuide for the exclusive use of treasurebeachesreport.blogspot.com.

Source: FoxNews Science.
Diamond miners recently discovered a ship that went down 500 years ago after draining a man-made lagoon on Namibia’s coast. While shipwrecks are often found along Africa’s Skeleton Coast, this one just so happened to be loaded with $13,000,000 worth of gold coins....

So who gets the gold? “The Namibian government – every single coin,” he said. “That is the normal procedure when a ship is found on a beach. The only exception is when it is a ship of state – then the country under whose flag the ship was sailing gets it and all its contents. And in this case the ship belonged to the King of Portugal, making it a ship of state – with the ship and its entire contents belonging to Portugal. The Portuguese government, however, very generously waived that right, allowing Namibia to keep the lot.”


The above excerpts were taken from the FoxNews story obtained through the link immediately below.


Dean R. sent me that link.

http://www.foxnews.com/science/2016/06/07/500-year-old-shipwreck-loaded-with-gold-found-in-namibian-desert.html?intcmp=trending


David S. sent this link to the same story.

http://www.oldsaltblog.com/2016/06/bom-jesus-gold-shipwreck-beach-diamonds/

Thanks guys!

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Three Proof Quarters and One Regular Quarter.

I got the three proof quarters in change at a Dollar Tree the other day.  They really shine.  Even though the difference does not show really well in the picture, as soon as I saw them I noticed how different they looked - like nothing I ever got in change before.  They turned out to be proof.

Proof state quarters were sold in sets.  There are both clad and silver proof state quarters.  The silver proof state quarters have an S mint mark, but so do some of the clad state quarters.  You can tell the difference by weight.

The silver coins weigh 6.25 grams, and the clad, only 5.7.  The silver proofs would be worth around $11, but if they were certified to a high grade, they would be worth a good bit more.

Watch your change.  People sometimes spend coins out of their collector sets, either not knowing or caring what they have.

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I just received word that a 1714 Royal escudo was just found by one of the Treasure Coast salvage crews.  I have a photo, but don't have details or permission to post yet.

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Fort Pierce is in the news.  The Orlando shooter attended the Islamic Center on Midway Road in White City.  That isn't Fort Pierce's first terrorism connection either.  The first American terrorist to blow himself up in Syria was from Fort Pierce and attended the same mosque.  The shooter had discussions with the other terrorist.

Some of the local old-timers were bothered when the old church building on Midway Road was purchased and a chainsaw was used to cut the cross off of the top of the roof.

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Happy hunting,
Treasureguide@comcast.net