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1962 Seattle World's Fair - Million Silver Dollars Exhibit - Slabbed Dollars Query
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<p>[QUOTE="ConfederateHalf, post: 1360984, member: 27946"]:thumb: That was your's truly here who won the auction, but only after spending a lot of time yesterday fretting and agonizing about it.</p><p><br /></p><p>For a while, I seriously considered passing on this auction because I had a lot of doubts about this item. However, I decided to correspond further with the seller and satisfied myself that she was being straight with me. She told me that her grandmother attended the fair in 1962 and purchased the coin there. The coin later passed to her aunt a few years ago when the grandma died, then it passed to her when the aunt died. The seller lives in Spokane, WA, so that also lended some credence to her story. She said that she decided to sell the whole lot because she and her husband are raising money to take their kids on a vacation to Disney World this year.</p><p><br /></p><p>I then re-read some of the articles about the display and learned that the bright, shiny uncirculated dollars that can be seen lying loose on top of the pile of bags were all Peace Dollars, not Morgans. The Morgans were still in the bags underneath the pile and I'm thinking it may be possible that some of those were circulated specimens that came back from banks but I'm still researching that.</p><p><br /></p><p>In the end, I mainly purchased the lot because I was able to get it at close to silver melt for the 9 silver dollars and the 2 silver rounds and figured I could just sell the other coins and keep the World's Fair coin and case. It was a close auction. Another buyer with a high feedback score, (probably a dealer), also sniped against me during the last 10 seconds of the auction and I beat his bid by less than $5.00! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>At present, I only have high confidence that the plastic case is authentic. I'm still not 100% sure that the coin inside actually came from the display since it could be easily swapped out, but will continue to research this to try to satisfy myself about that. However, if the sellers story is true, then I seriously doubt that Grandma ever touched it and the 1900 Morgan inside may indeed be the real deal from the display.</p><p><br /></p><p>One thing is for sure....these cases are hard to find. I've looked for months and this is the first one I've come across. I don't know how many of these ended up being sold individually after the fair closed, but I figure many thousands must have been sold in these cases given the millions of visitors who went to the fair. Of these, you'd think many people just tossed them into a drawer and forgot about them, so there are probably quite a few more out there waiting to be discovered. But there also had to be a lot of attrition over the years as people either sold the coins or placed them into better holders for their collections and tossed the cases in the garbage.</p><p><br /></p><p>Also, you have to figure that a lot of people's kids found the coins and either spent or sold them, as so often happens when kids find old coins around the house. So, after 50 years, I'm thinking that this holder may be a pretty scarce item. Heck, this cheesy little snaplock case may be worth more as a 1962 Seattle World's Fair collectible than the silver dollar inside -even at current silver prices. <chuckle></p><p><br /></p><p>Scarce or not, it is without a doubt a cool piece of numismatic history <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /> and I'm very happy to own it. Especially since I was born 6 days after the fair opened in 1962, which makes this a birthyear collectible for me as well. I can't wait for it to arrive in the mail. When it gets here, I'll take better photos of the case and the coin and will post them here for everyone to examine and comment on. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="ConfederateHalf, post: 1360984, member: 27946"]:thumb: That was your's truly here who won the auction, but only after spending a lot of time yesterday fretting and agonizing about it. For a while, I seriously considered passing on this auction because I had a lot of doubts about this item. However, I decided to correspond further with the seller and satisfied myself that she was being straight with me. She told me that her grandmother attended the fair in 1962 and purchased the coin there. The coin later passed to her aunt a few years ago when the grandma died, then it passed to her when the aunt died. The seller lives in Spokane, WA, so that also lended some credence to her story. She said that she decided to sell the whole lot because she and her husband are raising money to take their kids on a vacation to Disney World this year. I then re-read some of the articles about the display and learned that the bright, shiny uncirculated dollars that can be seen lying loose on top of the pile of bags were all Peace Dollars, not Morgans. The Morgans were still in the bags underneath the pile and I'm thinking it may be possible that some of those were circulated specimens that came back from banks but I'm still researching that. In the end, I mainly purchased the lot because I was able to get it at close to silver melt for the 9 silver dollars and the 2 silver rounds and figured I could just sell the other coins and keep the World's Fair coin and case. It was a close auction. Another buyer with a high feedback score, (probably a dealer), also sniped against me during the last 10 seconds of the auction and I beat his bid by less than $5.00! :eek: At present, I only have high confidence that the plastic case is authentic. I'm still not 100% sure that the coin inside actually came from the display since it could be easily swapped out, but will continue to research this to try to satisfy myself about that. However, if the sellers story is true, then I seriously doubt that Grandma ever touched it and the 1900 Morgan inside may indeed be the real deal from the display. One thing is for sure....these cases are hard to find. I've looked for months and this is the first one I've come across. I don't know how many of these ended up being sold individually after the fair closed, but I figure many thousands must have been sold in these cases given the millions of visitors who went to the fair. Of these, you'd think many people just tossed them into a drawer and forgot about them, so there are probably quite a few more out there waiting to be discovered. But there also had to be a lot of attrition over the years as people either sold the coins or placed them into better holders for their collections and tossed the cases in the garbage. Also, you have to figure that a lot of people's kids found the coins and either spent or sold them, as so often happens when kids find old coins around the house. So, after 50 years, I'm thinking that this holder may be a pretty scarce item. Heck, this cheesy little snaplock case may be worth more as a 1962 Seattle World's Fair collectible than the silver dollar inside -even at current silver prices. <chuckle> Scarce or not, it is without a doubt a cool piece of numismatic history :cool: and I'm very happy to own it. Especially since I was born 6 days after the fair opened in 1962, which makes this a birthyear collectible for me as well. I can't wait for it to arrive in the mail. When it gets here, I'll take better photos of the case and the coin and will post them here for everyone to examine and comment on. :)[/QUOTE]
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