Lot 4149
1899-S Morgan Dollar. Paramount Red holder graded MS65. We agree with the grade. A satiny beauty, squarely in the Gem league. Smooth, rolling luster and splashes of rich gold at the rim mingle on the satiny gem surfaces. Full cartwheel radiance.
LaVere Redfield's passion for accumulating silver dollars matured when he moved to Reno, Nevada. From time to time he would go to the bank and buy some bags of 1,000 silver dollars. (Back then US silver dollars could be acquired for face value and were readily available at all banks.) He'd take them home in his pickup truck and stash them away. Seems word started spreading about his love for silver dollars and he was robbed more than once. Probably because of the robberies he began acquiring his bags from as far away as Pennsylvania, picking them up in person and hauling them back in his pickup. In the end, he's accumulated more than 400,000 pieces! Lavere Redfield's cache of Morgan and Peace type silver dollars became known as the "Redfield Hoard". It was the largest silver dollar hoard discovered in decades. After his death, his silver dollar hoard was sold at auction. The price paid by the winning dealer was a record breaking 7.3 million dollars (PCGS # 7262) .
Estimated Value $800 - 900.
Ex: Redfield Collection.
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| Realized $891 |
