What is the Omaha Bank Hoard? Well it’s believed to contain several thousand rolls of coins hand picked for gem quality by a collector who wished to remain obscure. This collection (hoard) covers almost 50 years of collecting. The early 30s through around 1980 is the main dates of coinage.The only complete set is the 1946-64 Silver Roosevelt Dimes. Others sets remain incomplete for unknown reasons. The sudden introduction of these coins led to a marked distortion in the population figures as many issues became rather common in gem quality once these coins became available. There are around 300 different dates and denominations available. In B short, a collector purchased these rolls and stored them in the bank. See my second post for more information. This is my only piece, a 1944-D War Nickel. Graded by PCGS as a MS-65 with Full Steps. I almost did a GTG but decided not to. A small amount of toning is starting to appear on this coin with the reverse being much more colorful than the obverse which has a darker toning under Jefferson.
Some additional information: Mark Borckardt of Heritage Auction Galleries writes: Heritage purchased the Omaha Bank Hoard in its entirety in 2004. The man who owned the coins is very private and doesn't want a lot of details disclosed. I can tell you that the hoard consisted of over 320,000 coins, all in rolls, that were saved by one man starting in the late 1930s and continuing until the early 1970s. The hoard consisted of cent through half dollar rolls all in mint state condition. Heritage bought the hoard in its entirety and it required a moving van to transport everything. The earliest coins in the hoard were original rolls of Buffalo nickels and Walking Liberty halves, with most of the coins being saved in the 1950s and 1960s, and very little saved after 1964. Unfortunately, I can't disclose the purchase price, other than to tell you it was a seven figure deal.
Gotta love those 1930s era hoarders/collectors. Back in 2007-8 I purchased a paper money accumulation consisting of notes that had come over the teller counters in a bank from the late 1930's to the mid 1970's. Everything from Civil War era Legal Tender notes, 1869 Rainbow notes, lots of large sized Nationals including many not previously reported. Eventually I sold many of them save the Civil War era and some scarce large denomination Nationals.
Buffet is not known for being shy, quiet and reclusive. A few million from a bank hoard is not enough to make him smile. And the collection started in the thirties by a man. That would make him over 100 years old today.
Fine. You win this round.... Fun story, I am from Nebraska, and one of my aunt and uncles live in Omaha near him. He used to show up to the neighborhood block party every summer like it was no big deal
"In short, a collector purchased these rolls and stored them in the bank." "...the hoard consisted of over 320,000 coins..." "...it required a moving van to transport everything." What bank stores that volume of anything for a customer?
Yup just your local summer block party. Just showed up like it was no big deal. Just another neighbor. Pretty nice guy. I've had a long week at work with pretty awful sleep so my "frog common sense" has pretty much hit its limit.
Good luck with that. I have difficulty falling asleep myself. My left knee keeps me up and it wakes me up when I move at night after I’m asleep.
