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<p>[QUOTE=&quot;ksmooter61, post: 26723770, member: 169607&quot;]I have been wanting to do a thread like this for some time, thanks [USER=104064]@KBBPLL[/USER] for starting this - and that is an interesting way that your grandfather became vested with your treasures.</p><p><br /></p><p>My father was working as a vault manager at the Fourth National Bank of Wichita in the early &#039;60s and was a small-time collector, mainly of cent errors. When the federal reserve began purging all of the Morgans from the vaults of the Philadelphia mint, thousands of bags were shipped across the country. At the time, the 1904-O was a minor rarity, BU coins went for as much as $40 or more. So, when he saw a bag of them arrive in his vault he believed he had hit it big. However, he needed $1,000 cash to get them, and with a new wife and a 1-year-old at home, he didn&#039;t have two sticks to rub together, let alone a thousand dollars. But he knew someone who did.</p><p><br /></p><p>His parents raised six children in north central Kansas through the &quot;dirty thirties&quot;, living in a shack owned by a farmer that my grandfather worked for. Dad told me stories about how his mother would wet rags and stuff them around the windows and doors to keep the dust from blowing in. Grandpa left when the kids were a little older, but grandma pushed on, and not only survived but thrived, eventually purchasing and running a small cafe in the town of Beloit, the Ideal Grill (a few years later she gifted me a Roi Tan cigar box filled with used stamps she had cut off of letters, a couple of pens, and a bunch of change, including a shiny Franklin, and that started my collecting). In 1962, she was doing very well for herself, and she happened to have ready access to some cash.</p><p><br /></p><p>Grandma drove to meet my father in Wichita where she bought the bag of Morgans. She gave some to my dad, who was able to get about $22 a piece for them (I assume they hadn&#039;t completely flooded the market yet, so were still sellable) and he then paid her for about 200 of them. I know grandma gave each of my aunts and uncles some but no idea how many. They have all passed now; I believe a few of my cousins still have some of the coins but not sure.</p><p><br /></p><p>Dad needed some help in the mid-nineties, and I &quot;bought&quot; his collection. There were 27 of those 1904-Os remaining. In 2010 I split the majority of my collection up between my daughter and her eight cousins, giving each of them one of these along with a note of where they came from. The rest I still own; have posted them here a couple of times. One of these days I will get individual photos of them.</p><p><br /></p><p>[ATTACH=full]1706236[/ATTACH] </p><p><br /></p><p>[ATTACH=full]1706237[/ATTACH][/QUOTE]</p><p><br /></p>

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