@@2011blueman not really if anything with more elderly dying it just keeps going up due to inheritance, but also new monarchs and designs sparking interest in children for it but also the silver and gold content some hold
I got a set of state quarters, all 50... but the grand kids left them in the damp basement and the clad now is all corroded! So much for modern coins, garbage metal.
I've got the 9 million to spend in the back, but I gotta know if they're authentic. I'll call my buddy who's an expert on the rarest coins in existence, he'll be here in about 30 seconds.
@@thyslop1737 I'd argue he didn't sell soon enough. He already came from great wealth. A true "collectors' collector," it was less about the money and more about a ferocious obsession for the hobby itself. Brent died (at just 54) before the sale was even completed. Guessing he would've gladly traded all that upside for just a few more years with his loved ones.
Truly, a museum quality collection that should be preserved and kept intact for everyone to enjoy. The quality of those first American coins is just insane. It’s literally like somebody took them straight from the mint and kept them safe for 230 years. The only examples I’ve seen are nearly black and flat from use.
The owner is so passionate and proud of his collection, wealthy or not that's what collectors all have in common. Off subject, imagine finding this collection in a safe in a storage auction.
Hi my father in law has got loads of different coins from Victoria to England and king Edward vii coins and geroge vi coins and Queen Elizabeth ii coins and America coins lincoln one cent coins and quater doller coins five cent coins and one dime coins and Canada coins and Jamaica coins king Edward vii emperor half penny jamaica coin 1907 coin and new zealand coins he is selling is collection now there are rare coins in is collection and he wants £10000 pounds for is collection there got 1974 d lincoln and the 1974 lincoln 1969 lincoln and 1968 1964d 1964 1975 1982d lincoln one cent coins
As a kid, I had a paper route and each week would go through the change that people often paid with looking for rare coins. I got almost a whole set of wheat cent pennies collected that way and it was a lot of fun. As you say, in this era I don't see the appeal to coin collecting for the youth because of all the technology distractions.
Hey my name is Hector n i have a 2002 2 uerop coin from Spain with king Juan Carlos n is worth 164000000 is a 2002rear coin my number is 9293710039 call me if interested
My grandmother started me on my coin collection when I was a kid. I remember the teacher ask the class to bring in coins for show and tell, I had a 1797 coin that was brown in color I don't remember what denomination it was. He said he wanted to keep it and look into what it was, I never got it back he later told me it was fake. I lived in Newtown Connecticut at the time. I wish I had that coin today I could probably retire.
It's funny how they at pawn stars takes a deep breath and starts the scamming process. Well this is a nitch market, long time to sell etc. That's the pawn business.
this is just amazing , it took time for these coins to be of any value , we have coins in our possession right now that may be worth this much in 200 years , time is not on my side at 62. my next coin to collect will be the 2016 Wedge Tailed Eagle from the Perth Mint who never disappoints all coins I have from them are flawless. Wishing you all well.
Hmmm, probably not. Philly mint has the ability to make 32 MILLION coins a day. Clad, worthless coins at that. Modern business strike coins (and even proofs) I'm sure will still be virtually worthless in 200 years.
I have a complete highgrade Morgan dollar collection. MS 65 is the lowest in the whole collection All upper mint state . It's worth alot but this collection is astounding. It took me 44 years to get my collection and I will never sell it. It will go to my daughter who has shared in my joy of coin collecting since she was 5 years old. She is now 38. This collection displayed in this video is the finest of it's type in the world
Im falling in love with coins, my collection just doesn't grow fast enough, I just do t make the money to keep up. It so unfortunate because I'm always coming across things I want but can't get. But these collections are incredible
I'd pay around 100 million but not double that. The flowing hair dollar is the most sought after dollar. Any coin before 1800 is rare. If you didn't know about the MS grades, the scale only goes to 70. So all are considered mint quality. Most of these coins are around the 3 to 15 grade normally, at best
rick:how mutch you want for it? coin owner: i want 200 million for it... rick: i can give you 100 million for it i gotta resell it and alot of processing paper in auction house lol....
It's funny but it's also funny how many people don't realize you need to 1) pay peoples checks, 2) keep the lights on, 3) pay the IRS a ton of taxes on those sales. Clearly if your going to go to a pawn shop expect to only get 50-70% of whatever it's actually worth for the instant convenience of selling it right away.
Seller: “My collection is worth $500 million” Rick: “I can do $8 and a coupon for 50% off at Taco Bell” Seller: “What?,of course not!” Rick: “I’m taking all the risk here, I have to get it framed” Seller: “How about $12 and a chicken challupa?” Rick: “I’ll do $10, the chicken challupa and I’ll throw in a roll of toilet paper because I know it’ll come out hard.” Seller: “Deal”
Apmexand jm bullion are charging about when silver is 18.00 per ounce and it's only 12.00 per ounce and they're making customers pay for their inventory loss.
That's not accurate. The spot price is more reflective of "Paper" silver - ETFs and futures, of which there is controversy and even ongoing investigations right now. Lot of folks sold off their paper silver to try to buy physical bullion, and right now the demand is far outpacing the supply, hence no drop in price.
Numis Mm Good thing he didn't have the hiccups and swallow one. Heh!!! I wonder if he complained about not having the silver spoon also? What a collection though. Wow, Wow, all the way home.................................
The first coin ever minted by the US says science not under god I am going to remember this one for all the ones that tell me that this country is founded on religion.
lonewolf5460 Most of the founding fathers were free Mason if not all, most people back then believed in God anyway, so yeah it still kinda was founded on religion
@@CommieComrade69 kinda??? This country was created on the principals of Christianity...Period. Read up on John Hancock's quotes. Btw, if you don't know who he is, look at the BIGGEST signature on the Declaration of Independence.
I bought thatcollection at auction for $23 MILLION,... got hungry one day and sold every one for a slice of PIZZA at Dominos Pizza,.. they seemed happy
Daniel of London When I was six in 1963 a small coke and small popcorn at the theatre was 25 cents, now a small coke and small popcorn is 10 dollars. Now do we understand the value of fiat currency? We've been had. In 1963 a quarter was 90% silver.
doesnt make much sence, silver in that quarter would be worth like 3 dollars nowadays, so you would need triple the amout of silver at current price, by that logic silver lost shopping value
i think he played it smart and sold at the perfect time, the financial system can collapse at any moment and when it does numismatic coins wont be worth anything. if i was him i would have taken that 200 million and invested half in gold and silver bullion, keep a couple hundred grand in cash and purchase farmland and livestock with the rest
Meow Mix I know you're trying to be a smartass but we'll see who's laughing when the American monetary system collapses and you're starving to death, you can't eat bullshit...
The last few financial disasters were bumps in the road, they were localised to the US only this will be a global collapse of the entire monetary system with massive widespread panic. Numismatic coins are only worth what someone is willing to pay for them so who's going to give a shit about Ben Franklin half dollar when the world around them is in turmoil?
Without doubt the most absurd thing I've ever heard commented on RUclips....sure take em away no worries haha can you imagine how wealthy this numpty is....rich people don't give away millions you loon
Perceived value is applicable to almost every 'asset' one way or another. Why is gold worth so much? It doesn't do anything and it has extremely limited uses. Because of perceived value, people are willing to pay for it. Why are homes worth so much? Because of perceived value, people are willing to pay for and speculate on them (hence driving up the prices to ridiculous levels, which people then continue to buy). Why are so many equities worth so much, many of which are in my opinion over-valued? Again perceived value. People continually prop up the prices for irrational reasons, because they perceive it to be cheap relative to historical performances whilst discounting macroeconomic fundamentals. Take a look at the daily volatility you see in markets. That is irrational. 1 small piece of news that is completely irrelevant to the developing 1-3month trend developing via macro forces, can still completely alter the daily performance of markets in the opposite direction (but doesn't change anything regarding the overall direction). People are perceiving value in something from this 1 piece of irrelevant news. Even if systematic faults are occurring in the financial market for example, equities can still continue going up (as what occurred during the GFC), this is because it won't drop until the general market (money) catches on and realises something is wrong, then their perceived value drops and equities drop. Even food, a basic necessity, is open to perceived value. Pay $10 for a steak at a club/bar, or $50 for steak from the same stock of cattle at a restaurant? People are willing to pay the $50 because they perceive the food / food experience to be worth it etc. Humans even have digital currencies now. Literally backed by nothing. Yet they're worth 100's of dollars. I, like the person who created bitcoin, could arguably try and invent my own asset; and make money from it. It's just a matter of other people perceiving it to have value and then it will have value. The amount of value will depend on how much others perceive it to be worth.
Hey, in 1796, it wasn't the first year where the production of quarters started, in 1792, they made quarters, the only thing is that they were known as quarter dollars, only a few are known, then in 1796, they started producing quarters again.
The coins in this collection should be in a museum for everyone to see. why didn't the gov just print him his amount of fiat dollars ? 200 million dollars is a lot of money. I don't think most people understand just how much it really is and what you could with that much money. $200 million wow...
+Tank driver These coins will bring a lot of money no matter where they are sold. I hope they stay in America. Now as far as not old I bought a Roman coin from 2000 years ago a Roman head and Zues's owl on the back of it for way less then any of them coins are worth. I would tread in a heartbeat. look in a redbook at the dates he says. the prices are shocking .
peter hawryluk I live in Lincoln UK, my city was the Romans capital city when they invaded and we still use parts of their sewage system today and we also still have a few Roman walls about. also Viking's Norman's, celtic's and Anglo Saxons and many more have all lived and invaded this city over the time so lots of treasure buried i reckon.
Tank driver like that guy who found the Viking buried gold in a field over there. have you ever found anything ? I found a stone spearhead in Florida and a arrow point that is amazing. Good luck hunting...
+Tank driver I second that. in fact, you could get a metal detector in a field where I live in Lancashire and chances are you'll find coins hundreds or thousands of years old. it's pretty funny that in america you have buildings that are listed as 'historic' because they're 100 years old. the house I grew up in in England was 200 years old.
why U.S people think that their coins are so expensive or valuable? i prefer an Julius Ceasar or an Alexander the great coin for 5,000$ from 2000 years ago than a dolar from 200 years ago for 500k
Just Patcher because it’s our history and we enjoy our coins, it’s not that they think they’re valuable and expensive, it’s that it is valuable and expensive. There’s a limited number of really nice old US coins in good condition, all the wealthy numismatists want it so their collection can be the best.
I use to have one of those but I did not know they were rare... Back at my country I found a coin that almost had the same case but I lost the coin :( idk what it's worth tho and I forgot what it looked like
The reality is I could retire at 65, but alas in two months Ill be 66, and still no retirement in sight, just one of those coins would make a huge difference in my life.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
The best I can do is 40 bucks.
I'm taking a real risk here.
Could you do $46.50? I’m going through some rough times
No there is no money to be made there!
Is that a pawn stars reference 🤣
That`s so funny, lol thanks for the laugh :-D
Pack Ripper 101 yes is pawn stars we are rick
“Do you mind if I have one of my buddies come in and take a look at it?”
Im taking all the risk here. 1$ is my best offer.
@@richardsestoso287 and not a penny more
They should have this in a museam
@@happyrider4343 no, because it doesn’t belong to the people owning the museum
@@happyrider4343 🤣🤣🤣 you donate your investment of a 200 million dollar coin collection to a museum
Truly a once in a lifetime auction for sure! Whoever bought that collection is very lucky. The values will continue to multiply as the decades go on.
Not likely. Coin collecting is a dying hobby.
@@2011blueman not really if anything with more elderly dying it just keeps going up due to inheritance, but also new monarchs and designs sparking interest in children for it but also the silver and gold content some hold
@@reallycoolman4990 your inheritance comment demonstrates a fundamental lack of understanding of how markets work.
@@reallycoolman4990 We are bringing coin collecting back to the mainstream as we speak! I love it
@@2011blueman Don't really care, still is happening and people are turning to it as they see it as a way for their investments (for e.g soverigns)
My coin collection is a Quarter from Aruba and a chuck e cheese token
nice! lol
good start!
I got a set of state quarters, all 50... but the grand kids left them in the damp basement and the clad now is all corroded! So much for modern coins, garbage metal.
U noob I have an American penny and two Chuck E. Cheese coins one from 1995
I’ve have thousands invested in my collection and to be frank, I think your probably more in the Black then me. Anything you love costs.
sell it at pawn stars for 1000 bucks!
Rick be like: I can give you $450, I gotta make a profit
I'll give you $969.14 *And im taking risks here
I've got the 9 million to spend in the back, but I gotta know if they're authentic. I'll call my buddy who's an expert on the rarest coins in existence, he'll be here in about 30 seconds.
I'll give you a $1,750 in store credit and I'll throw in a picture of Chumlee as you can tell I'm feeling generous today
I have also a collection of old coins
*UPDATE: sold in 7 auctions across 5+ years, the collection fetched ~ $132 MM. A highlight being an 1822 Capped Head Left Half Eagle for $8.4 MM.*
Had he held it today it would be way north of 200 million.
@@thyslop1737 I'd argue he didn't sell soon enough. He already came from great wealth. A true "collectors' collector," it was less about the money and more about a ferocious obsession for the hobby itself. Brent died (at just 54) before the sale was even completed. Guessing he would've gladly traded all that upside for just a few more years with his loved ones.
@@mulemule trust the science
Truly, a museum quality collection that should be preserved and kept intact for everyone to enjoy. The quality of those first American coins is just insane. It’s literally like somebody took them straight from the mint and kept them safe for 230 years. The only examples I’ve seen are nearly black and flat from use.
The owner is so passionate and proud of his collection, wealthy or not that's what collectors all have in common. Off subject, imagine finding this collection in a safe in a storage auction.
love coins!
Hi my father in law has got loads of different coins from Victoria to England and king Edward vii coins and geroge vi coins and Queen Elizabeth ii coins and America coins lincoln one cent coins and quater doller coins five cent coins and one dime coins and Canada coins and Jamaica coins king Edward vii emperor half penny jamaica coin 1907 coin and new zealand coins he is selling is collection now there are rare coins in is collection and he wants £10000 pounds for is collection there got 1974 d lincoln and the 1974 lincoln 1969 lincoln and 1968 1964d 1964 1975 1982d lincoln one cent coins
Very cool, hopefully you guys will make an update video when these pieces go to auction. Id be curious to see what they go for.
U may never see this but that’s fine I just wanted to say hi
@@Confused-sf4de whats up
@@The1AndOnlyTeabager no update on what they sold for or if they did?
This collection is probably the most amazing collection.
I have lots of old coins.do you want to buy?
You dipshit your site doesn't even work.
kennbo1 its because its not a site it was a typo
Louis Eliasberg put together a collection of every coin minted up until the 1940's or 50's
THE BEST US coin collection title belongs to The Smithsonian, hands down !!
If I had $200million to spend on coins, I would buy up all the gold dollars on the market & just put them in giant pirate chests. 😅
that would be way better
thats not a bad idea.
Its generally a good idea, would raise the value of them.
Buy all the 24K gold bars and coins, nothing to do with dollars
XD not a bad idea
Wow! Amazing how learning facts about these coins brings history to life. Thank you, Forbes, for this informative and enlightening report.
RIP to a legend. Brent Pogue 🙏
As a kid, I had a paper route and each week would go through the change that people often paid with looking for rare coins. I got almost a whole set of wheat cent pennies collected that way and it was a lot of fun. As you say, in this era I don't see the appeal to coin collecting for the youth because of all the technology distractions.
Not true, there is a lot of kids and young people collecting
I'm 25 and I love the hobby! Just purchased a beautiful 1808 capped bust half dollar
By far the most stunning collection in the world! I wish I had only one of those early coins
In my dreams. wow what a collection.
imagine cleaning out an attic and finding something like this
These should be bought for the USA, then placed on permanent exhibition at an appropriate place in Washington DC.
😩 I wish
Why in USA? Worst place i can think of...
Tertuna better than the place you’re thinking about.
@@secretlemons8281 You really think the USA is the greatest country in the world?
Tertuna better than at least 90%
Forbes, please keep us posted on how the auction goes!
Luke Barker
Hey my name is Hector n i have a 2002 2 uerop coin from Spain with king Juan Carlos n is worth 164000000 is a 2002rear coin my number is 9293710039 call me if interested
@@hectormerced3491 very interested!! Please reply if still available.
Hector Merced Idiot. You are the reason we need to build border walls.
They won’t. They’re a bunch of bums.
My grandmother started me on my coin collection when I was a kid. I remember the teacher ask the class to bring in coins for show and tell, I had a 1797 coin that was brown in color I don't remember what denomination it was. He said he wanted to keep it and look into what it was, I never got it back he later told me it was fake. I lived in Newtown Connecticut at the time. I wish I had that coin today I could probably retire.
It was probably fake
It was probably a 1797 large cent, about $50
@@paullowell3342 LLP
@Shlomo Jewdog Rabbi Barksteinbergovitz no. william never got the coin back. no switch
Even if it was real you couldn’t even come close to retirement off of it
Pawn stars will buy this for $100 and with a risk - frame cost and sitting on the shelf cost
But first Rick will call an expert friend to tell him more about the coins.
It's funny how they at pawn stars takes a deep breath and starts the scamming process. Well this is a nitch market, long time to sell etc. That's the pawn business.
j m let me call in a buddy of mine to lower the price
No he will pay 1 cent
It's really difficult to express what is felt when watching these coins.... only one word comes to mind.... Wow !
(ps....thank you for uploading) .
Hi
Very Instructive, Bravo !
this is just amazing , it took time for these coins to be of any value , we have coins in our possession right now that may be worth this much in 200 years , time is not on my side at 62. my next coin to collect will be the 2016 Wedge Tailed Eagle from the Perth Mint who never disappoints all coins I have from them are flawless. Wishing you all well.
Hmmm, probably not. Philly mint has the ability to make 32 MILLION coins a day. Clad, worthless coins at that.
Modern business strike coins (and even proofs) I'm sure will still be virtually worthless in 200 years.
I have a complete highgrade Morgan dollar collection. MS 65 is the lowest in the whole collection All upper mint state . It's worth alot but this collection is astounding. It took me 44 years to get my collection and I will never sell it. It will go to my daughter who has shared in my joy of coin collecting since she was 5 years old. She is now 38. This collection displayed in this video is the finest of it's type in the world
You have a 1895?
Them are amazing coins, I could only dream of something like that. Thank you for sharing them with us.
This is one of the finest collections!
Rick: would you take 1 grand?
Thank you sir for preserving our heritage! ❤️
D. Brent Pogue Collection netted total sales of $106,720,432.25 USD
Geez I would feel complete with just the disme, breathtaking collection
Sir I'm from philippines thank you very much sir your kind consideration
The most beautifully treasured money collection ever assembled eventhough money dosnt grow on trees.
Wildlife / supernanny fan 1355848 Nope, it grows in the ground :-p
Big like 7.3K! What an amazing and beautiful collection!
Im falling in love with coins, my collection just doesn't grow fast enough, I just do t make the money to keep up. It so unfortunate because I'm always coming across things I want but can't get. But these collections are incredible
O importante é que você goste, não importa quanto tempo demore, você poderá ter todo o dinheiro, mas não terá todas as moedas!!!🇧🇷.
Nice job 😊😊😊
If I were Bill Gates I would have bought this lol. What does it matter? I'll make all the money back in like 4 seconds.
it would take around a week to make it back, he makes 100 bucks a sec
wow
haccrbx 24x60x60x100= 8,640,000
haccrbx 3.1536 billion a year
Sup yolo, was jus reading comments and recognized you. Name is investunliketherest on IF
Overly serious RUclips commenters, do your job and correct this person.
Incredible what those coins have been through. If only you could touch a coin and see it’s history.
This is one the best ways to ensure that your family has wealth for generations
Thanks for the video.........
I'd pay around 100 million but not double that. The flowing hair dollar is the most sought after dollar. Any coin before 1800 is rare. If you didn't know about the MS grades, the scale only goes to 70. So all are considered mint quality. Most of these coins are around the 3 to 15 grade normally, at best
If you’d pay around 100 mil for the whole collection you wouldn’t get the collection, you’d absolutely lose at auction.
@@CoinCollecter-uh1uw I definitely wouldn't buy them to sell. So I wouldn't care about auction price.
@@CoinCollecter-uh1uw I mean it was 109 million at the end, so not that far away ;-)
As a large currency collector I would be amazed to see one of these coins. I can't believe somebody has collect all of these.
rick:how mutch you want for it?
coin owner: i want 200 million for it...
rick: i can give you 100 million for it i gotta resell it and alot of processing paper in auction house lol....
It only sold for 109 million
James Buscos 😭😭
Don't forget you have to frame them first.
James Buscos rick wouldnt even be able to buy this collection tho....
It's funny but it's also funny how many people don't realize you need to 1) pay peoples checks, 2) keep the lights on, 3) pay the IRS a ton of taxes on those sales. Clearly if your going to go to a pawn shop expect to only get 50-70% of whatever it's actually worth for the instant convenience of selling it right away.
Just one coin would buy me a whole new life! 👀
Seller: “My collection is worth $500 million”
Rick: “I can do $8 and a coupon for 50% off at Taco Bell”
Seller: “What?,of course not!”
Rick: “I’m taking all the risk here, I have to get it framed”
Seller: “How about $12 and a chicken challupa?”
Rick: “I’ll do $10, the chicken challupa and I’ll throw in a roll of toilet paper because I know it’ll come out hard.”
Seller: “Deal”
Wow. Wow! Id just love to see it in person. That would be enough.
Nice collection!😎🌎❤️💥
Apmexand jm bullion are charging about when silver is 18.00 per ounce and it's only 12.00 per ounce and they're making customers pay for their inventory loss.
That's not accurate. The spot price is more reflective of "Paper" silver - ETFs and futures, of which there is controversy and even ongoing investigations right now. Lot of folks sold off their paper silver to try to buy physical bullion, and right now the demand is far outpacing the supply, hence no drop in price.
He wasn't a coin collector just an investor!
dont try to gatekeep and say who is and isnt a collector. kinda embarrassing on ur part
There is no way that just an investor knows that much about coins.
GREAT video and a very nice collection.!!!
Why do they look like those OG iPods
nice to see someone who must to be quite wealthy while at the same time rather humble... )
I will trade it for 1 Bitcoin, you WIN!
Wow! What a collection.
I'll give you $43.65 for the lot. If you make me wait, the price goes down!!😂😂😂
My metal detect and have 2 Capped Bust coins. A 1834 Dime. And 1837 Quarter, I have 165 silver coins and much much more
Unbelievable! Great Job! I guess you could say that he was born with a silver coin in his mouth!
Numis Mm Good thing he didn't have the hiccups and swallow one. Heh!!! I wonder if he complained about not having the silver spoon also? What a collection though. Wow, Wow, all the way home.................................
I'm a numismatist also, I got plenty of coins in my car's cup holders.
The first coin ever minted by the US says science not under god I am going to remember this one for all the ones that tell me that this country is founded on religion.
+lonewolf5460 My thoughts exactly.
lonewolf5460 Most of the founding fathers were free Mason if not all, most people back then believed in God anyway, so yeah it still kinda was founded on religion
Cause the constitution doesn't mention God at all right lol
lonewolf5460 I don’t know where to start. I hope this comment is ironic
@@CommieComrade69 kinda??? This country was created on the principals of Christianity...Period. Read up on John Hancock's quotes. Btw, if you don't know who he is, look at the BIGGEST signature on the Declaration of Independence.
Daniel Mac: "Hey I like your coins, what do you do for a living" 😆
Let me get a buddy of mine, if everything checks out, we have a deal.
Buddy* 👍
Beautiful piece
Dang....I spent a couple of those 1797's @ McDonalds the other day........ :(
'Liked and Subscribed'
:)
Cheers
good news thank for the info 👍⭐⭐
They should put these in a museum.
+Ester Samuels Whoever buys them is welcome to.
***** No. The collection will be seized by the government and placed in a government museum.
Ester Samuels
Yeah...because that's happened so often with major collections in the past. Right?
***** Actually, I don't know. I was just trying to be funny.
Ester Samuels
My apologies, it's difficult to tell around here at times. I'm better at picking out such things on Yahoo's boards.
Beautiful collection. Very hard to repeat.
And yet.....they’re still just hunks of metal. Humans🤦🏽♂️
Brian Taylor it’s what ever your interested in
U are such a lucky dude for having this collection I don’t have anything that is this valuable in mine as I’m just starting out but wish I did
I bought thatcollection at auction for $23 MILLION,... got hungry one day and sold every one for a slice of PIZZA at Dominos Pizza,.. they seemed happy
+James Dolbeck call me a skeptic but I don't believe your story. I don't think Domino's sells by the slice. So, consider yourself exposed!!
+cdakskid ok,,.. I am exposed,.. my real name is DONALD GRUMP and I eat gold coins for breakfast
it was Pizza Pizza, my bad
Technical Error: First Segment of Video displays with Subtitle "What is the POLK Collection?"
$969.14 face value. Now do we understand the current value of fiat currency? We've been had.
Oh god its one of these pretentious people
Daniel of London When I was six in 1963 a small coke and small popcorn at the theatre was 25 cents, now a small coke and small popcorn is 10 dollars. Now do we understand the value of fiat currency? We've been had. In 1963 a quarter was 90% silver.
doesnt make much sence, silver in that quarter would be worth like 3 dollars nowadays, so you would need triple the amout of silver at current price, by that logic silver lost shopping value
True
aeroman5000 got em!
Makes me want to start metal detecting, elation fining a 1700's coin or a gold
It gonna sit a while I have to frame it best I can do is 500 Nd remember I’m taking all the risk here
i have never seen such an amazing collection all my life
Rick off pawn stars told me to tell you the best he can do is $50.
The true gem here: Brian Kendrella... 😍
i think he played it smart and sold at the perfect time, the financial system can collapse at any moment and when it does numismatic coins wont be worth anything. if i was him i would have taken that 200 million and invested half in gold and silver bullion, keep a couple hundred grand in cash and purchase farmland and livestock with the rest
+Kyle Kelly... lol. might as well spend that on MREs and guns for the upcoming zombie apocalypse
Meow Mix I know you're trying to be a smartass but we'll see who's laughing when the American monetary system collapses and you're starving to death, you can't eat bullshit...
u r right!..I agree totally
Numismatics never lost value across the past few financial disasters.
The last few financial disasters were bumps in the road, they were localised to the US only this will be a global collapse of the entire monetary system with massive widespread panic. Numismatic coins are only worth what someone is willing to pay for them so who's going to give a shit about Ben Franklin half dollar when the world around them is in turmoil?
you should donate this set to the museum
Lol really? He would have spent millions
Without doubt the most absurd thing I've ever heard commented on RUclips....sure take em away no worries haha can you imagine how wealthy this numpty is....rich people don't give away millions you loon
I will never understand numismatics. I will never spend so much money on perceived value. I doubt there is a buyer for this ridiculous price
+reverse moustache cat you will never understand numismatics...plenty of other people will
Perceived value is applicable to almost every 'asset' one way or another.
Why is gold worth so much? It doesn't do anything and it has extremely limited uses. Because of perceived value, people are willing to pay for it.
Why are homes worth so much? Because of perceived value, people are willing to pay for and speculate on them (hence driving up the prices to ridiculous levels, which people then continue to buy).
Why are so many equities worth so much, many of which are in my opinion over-valued? Again perceived value. People continually prop up the prices for irrational reasons, because they perceive it to be cheap relative to historical performances whilst discounting macroeconomic fundamentals.
Take a look at the daily volatility you see in markets. That is irrational. 1 small piece of news that is completely irrelevant to the developing 1-3month trend developing via macro forces, can still completely alter the daily performance of markets in the opposite direction (but doesn't change anything regarding the overall direction). People are perceiving value in something from this 1 piece of irrelevant news. Even if systematic faults are occurring in the financial market for example, equities can still continue going up (as what occurred during the GFC), this is because it won't drop until the general market (money) catches on and realises something is wrong, then their perceived value drops and equities drop.
Even food, a basic necessity, is open to perceived value. Pay $10 for a steak at a club/bar, or $50 for steak from the same stock of cattle at a restaurant? People are willing to pay the $50 because they perceive the food / food experience to be worth it etc.
Humans even have digital currencies now. Literally backed by nothing. Yet they're worth 100's of dollars.
I, like the person who created bitcoin, could arguably try and invent my own asset; and make money from it. It's just a matter of other people perceiving it to have value and then it will have value. The amount of value will depend on how much others perceive it to be worth.
+Meow Mix So true. The fiat "money" we have today is not even truly money.
Supposedly the first three lots have sold ABOVE their estimates.
Well there are tens of thousands of us out there, probably more. I myself am a crazy one, spending almost my entire income on numismatics every month.
Hey, in 1796, it wasn't the first year where the production of quarters started, in 1792, they made quarters, the only thing is that they were known as quarter dollars, only a few are known, then in 1796, they started producing quarters again.
1796 first year quarters were minted for circulation so they are right
The coins in this collection should be in a museum for everyone to see. why didn't the gov just print him his amount of fiat dollars ? 200 million dollars is a lot of money. I don't think most people understand just how much it really is and what you could with that much money. $200 million wow...
All I can say is beauty at its best and rarety at its best
He’s selling them because soon they won’t be worth dik
why do you say that?
Q maravilla amigo impresionante colección felicitaciones gracias por compartir un abrazo buenos días 👏👏👏👏👏👌👌👌👌👍🙏
WTF no gloves while handling the collection??? i'll pay 10% less now
I'm pretty sure no grading service uses gloves actually handling the coins, let alone the holders.
PCGS wears gloves, idk about the other bigger grading services but I'm pretty sure they do too.
YoloBagels Nope, there're videos on their youtube channel explaining that when you wear gloves you lose some tactile information.
mynameismatt2010 Oh, I get it now lol, but still wanna be careful not to get hand grease and stuff on em.
coins are meant to be held. you dont need to wear gloves. i have several ancient roman silver coins and i handle them without gloves.
the sad truth about this collection was Brent never got to see the final few sales of his collection do to passing away
1792 not even old be worth shit in Europe
+Tank driver These coins will bring a lot of money no matter where they are sold. I hope they stay in America. Now as far as not old I bought a Roman coin from 2000 years ago a Roman head and Zues's owl on the back of it for way less then any of them coins are worth. I would tread in a heartbeat. look in a redbook at the dates he says. the prices are shocking .
peter hawryluk
I live in Lincoln UK, my city was the Romans capital city when they invaded and we still use parts of their sewage system today and we also still have a few Roman walls about. also Viking's Norman's, celtic's and Anglo Saxons and many more have all lived and invaded this city over the time so lots of treasure buried i reckon.
Tank driver like that guy who found the Viking buried gold in a field over there. have you ever found anything ? I found a stone spearhead in Florida and a arrow point that is amazing. Good luck hunting...
+Tank driver I second that. in fact, you could get a metal detector in a field where I live in Lancashire and chances are you'll find coins hundreds or thousands of years old. it's pretty funny that in america you have buildings that are listed as 'historic' because they're 100 years old. the house I grew up in in England was 200 years old.
Age has nothing to do with the value of the coins, It's the rarity, the low mintage, Numbnuts!
This collection is beautiful.
You can't ever look at coins with face value. That's pure silliness. Maybe at spot value.
However you look at it - it’s an impressive historical collection !!!!
Amazing video! Good for you guys. If I was a millionaire I'd buy the collection for any price
amazing!!!
liked and subscribed! I love coins!!!
why U.S people think that their coins are so expensive or valuable? i prefer an Julius Ceasar or an Alexander the great coin for 5,000$ from 2000 years ago than a dolar from 200 years ago for 500k
Just Patcher because it’s our history and we enjoy our coins, it’s not that they think they’re valuable and expensive, it’s that it is valuable and expensive. There’s a limited number of really nice old US coins in good condition, all the wealthy numismatists want it so their collection can be the best.
I use to have one of those but I did not know they were rare...
Back at my country I found a coin that almost had the same case but I lost the coin :( idk what it's worth tho and I forgot what it looked like
just because it is in a case doesnt make it rare or authentic for that matter
A Quote from a Fav. movie "In Chicago it's worth 50 Bucks!".
Philadelphia (i checked it)
Beautiful
Hi! Good day...I have several old coins from different countries...May I know, is it possible for me to sell these coins in an auction?
What a great collection!
And where are they stored again?
Great collection sir congrats
The reality is I could retire at 65, but alas in two months Ill be 66, and still no retirement in sight, just one of those coins would make a huge difference in my life.