Thousands of Old Coins: 99-Cent/No Reserve Auction on OLA.com

United States of America (Press Release) May 22, 2008 -- OnlineAuction.com (OLA.com) member strategic_investment_corp is offering a collection of between 11,000 and 13,500 coins saying they received a call from Texas where the owner, "has held on to these coins since 1959, and last week decided to sell them and use the money for her grandchildren. We found the coins waiting for us in a 100 year old stone house in eleven antique mason jars at the bottom of an old trunk. [Her] father had been the supervisor overseeing the building of the Medina Dam in Mico since the beginning, and had been living in the stone house the company built for him since 1909. After WWI, he opened a small grocery store/gas station which he and his family ran until the late 1950’s. Over this period of time he had taken all the old and obsolete coins he found in change and threw them into mason jars which he placed under the floor boards of his house. We transferred the coins to cloth bank sacks, and returned the jars to [their owner]. She has agreed to allow us to sell the entire hoard in one auction."

Included in the collection are "Seated half Dollars, Quarters, Dimes, and Half dimes. Barber halves, quarters, and dimes. Shield, Liberty, and Buffalo nickels. Large Cents, Indian, Flying eagle, and wheat type cents. Morgan and Peace dollars. Walking Liberty Halves, Standing Liberty Quarters, Mercury dimes, Three cent pieces, Bust coins, and Carson City Mint coins. We didn‘t see anything considered uncollectible. There are no Jefferson nickels, Roosevelt dimes, Franklin or Kennedy Halves, or anything minted in at least the last 50 years."

To view the auction:
http://www.onlineauction.com/index.php?page=auction:view_item&auction_id=600844

At OLA.com, buyers and sellers can communicate directly and contact information for strategic_investment_corp is contained in the auction.