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The collection consisted of over 407,000 silver dollar coins which weighed 12 tons. [6] A-Mark Financial sold the coins individually and many came in a Paramount coin slab. Two major coin grading services, Numismatic Guaranty Company and Professional Coin Grading Service, have included the Redfield name on their graded coin holders.
1960's -1970's: Some circulating coins still used silver in their composition, such as 1965-70 Kennedy half dollar coins, which were debased from 90% silver to 40% silver. However, as silver's metal value continued to increase, resulting in additional hoarding by the public, these coins were eventually debased entirely to cupronickel clad coinage .
The Fitzgerald Hoard was a collection of casino chips, silver coins and collectables which had been stored in a warehouse in Reno, Nevada. The entire hoard was purchased by notable California coin dealer Ron Gillio. Named for casino owner Lincoln Fitzgerald, it included over 100,000 American silver dollars and masses of gambling paraphernalia.
As the USGB noted, you can buy these coins cheaply and in bulk to build a large collection with relatively pure silver content. Explore More: Check Your $2 Bills — They Could Be Worth a Ton ...
In 2002, the coins were marketed by the company for between US$50 and US$10,000. The coins were certified in coin slabs by the Numismatic Guaranty Company (NGC). [27] According to NGC, there were 100,000 high quality US silver dollars in the collection. Coin retailer Goldline International was selected to market the coins. [28]
SD, SL BB-63 Silver Dollar United States William Jacob Collection Heritage Auctions: April 2013 $1,170,000 1792 10c SP-64 United States Garrett-Simpson Heritage Auctions January 2022 $1,150,000 1794 C-7 H1C United States Fred Weinberg Goldberg January 2014 $1,150,000 1792 Silver Center J-1 Pattern United States Morris Specimen
The Silver Eagle coins were sold out in the first week of July 2015. The Mint said its facility in West Point, New York, continued to produce coins and it resumed sales at the end of July 2015. This was the second time the mint's silver coins had sold out in the past nine months. The Mint ran out of 2014-dated American Eagles in November 2014.
In coin collecting, the condition of a coin (its grade) is key to its value; a high-quality example with minimal wear is often worth many times more than a poor example. Collectors have created systems to describe the overall condition of coins. Any damage, such as wear or cleaning, can substantially decrease a coin's value.
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