A coin with history.

Discussion in 'US Coins Forum' started by Old World Coins, Jun 4, 2021.

  1. Old World Coins

    Old World Coins Well-Known Member

    I rarely dabble in U.S. coins but I do like a few types of each and love oddities. Tonight I noticed the below Morgan on a BIN auction. I never chased or really cared for Morgan's I have like 2 in my coins, however I am a big fan of history and purchased this piece without a second thought.

    This is a 1887s Morgan from the Redfield collection.

    https://www.pcgs.com/news/a-history-of-major-us-hoards-redfield-hoard

    1878a.jpg 1887.jpg
     
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  3. Matthew Kruse

    Matthew Kruse Young Numismatist

    Wow, that's an interesting story. I may need to get one of those... ;)

    How long ago were they auctioned off? I don't believe PCGS mentioned.
     
    jamor1960 and Antonius Britannia like this.
  4. Old World Coins

    Old World Coins Well-Known Member

    I believe it was 1976 as the gentleman passed in 1974.
     
  5. PlanoSteve

    PlanoSteve Well-Known Member

    Nice coin...great story! (I suspect there's more to the story, somewhere...:D:p)
     
  6. johnmilton

    johnmilton Well-Known Member

    I don’t do Facebook, so I will post what I remember. Lavar Redfield was a far right winger who had something like 450,000 silver dollars in his basement. Paramount Coin Corporation had these coins mounted in “MS-65” holders, with red inserts, and sold them. They sold for a premium for a while, but few people blindly bought into the MS-65 grade. Today they are interesting, but the coins are what they are.
     
    micbraun and Copper lover like this.
  7. JeffC

    JeffC Go explore something and think a happy thought!

    I too like coins with interesting stories. I first read the Redfield story while researching this from my hand-me-down collection. It's in a black holder - lower grade than yours. But I'll never forget that story.
    20210510_211531.jpg
     
  8. Antonius Britannia

    Antonius Britannia Well-Known Member

    Nice Redfield Morgan!
     
    Old World Coins likes this.
  9. jfreakofkorn

    jfreakofkorn Well-Known Member

  10. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    That's been on my want list for over 40 years. Never had the money when I was young, and never seemed to get around to buying one when I was older. I remember the story of these coming to market when I was a YN and used to think about how much fun it would be to sort through all the bags looking for rare dates
     
    JeffC likes this.
  11. Old World Coins

    Old World Coins Well-Known Member

    thats real cool. I had never heard of them until this popped up for auction. I hope your able to get one eventually.
     
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