SOLD
1,750.00USD+ (52.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Jan 25 @ 17:12UTC-8 : PST/AKDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
Winner will receive 1 Original Roll (20-coins) of these amazing Unearthed Morgans.
I have to say, this lot is one of the most well-preserved treasure troves of BU Morgan Silver Dollars that I have seen in my entire lifetime in the rare coin industry! If you are interested, I will indulge you in the history of how this ended up coming to you!
First we have to go back several decades to the year 1961. The world looked quite different then, Patsy Cline had a top 10 hit single and JFK had just taken the Oath of Office, as President of the United States of America. At this time the United States Treasury had decided to release uncirculated Morgan Silver Dollars to the general public with a limit of 1,000 coins per person. Each 1,000 coins were placed into U.S. Treasury bags like the one shown in these pictures. This is how the original owner of these coins had received them, directly from the U.S. Treasury.
Roughly 10 years had passed and in 1971, the new owner (by inheritance) decided to carefully wrap the coins in paper, 20 coins per roll, and made itemized receipts of his inventory. The papers shown here are the handwritten value of the coins at the time that they were tucked away. These wrapped coin rolls were then carefully placed inside of old army ammunition cases, where they were stacked in containers of 25 rolls equaling 500 Morgan Silver Dollars per case. This is where they were to be preserved from the elements, untouched and unharmed, for nearly 50 years!
By request of the consignor as to preserve the condition of these coins for consignment, when removing the rolls from the ammo cases, they were then placed in standard plastic coin tubes, while remaining inside their paper wrappers, where they could then be safely transported. At this time they were once again itemized, for this consignment, where the value had far surpassed the original price transcribed when they were initially hidden away. When this transaction transpired, it was likely the first splash of light these coins had been exposed to in just under half a century!
Auction Location:
12014 SE Mill Plain Blvd Suite 220b, Vancouver, Washington, 98684, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
3% |
Additional Fees:
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All items are sold as is and all sales are final. We do accept returns, as long as you notify us via telephone and work it out with our auctioneer.
Reserve bids are only accepted through our Concierge Book Bid system. Over 90% of our items sold are, "live," in stock and end up being shipped directly from our main office in Vancouver, Washington. It is not uncommon practice for us to receive large, multi million dollar groups of items that are reserved to us at the time of the sale . Frequently items like this will be sold repeatedly using a stock photo. Pursuant to Washington state code 18.11.240, this language shall serve as official legal notice of full transparent disclosure that our auctioneer may bid through our Concierge Book Bidding system on items that are possibly owned by this company, himself as an individual, or outside entities, at his sole discretion. We operate under Washington State Business license for IMD YSLEXIC LLC, Washington state license number 603339166 . Most of our lots are listed, "precisely resembling," or, "exact item shown." It is not uncommon for items to move very very quickly. It is typically a very fast paced experience and therefore not uncommon to finish the sale and feel as though your bids were not heard by the software. Many of our high volume/high dollar customers feel more comfortable using the old fashion Book Bid Concierge system. That way we guarantee to execute your bids per your wishes. Customers who buy and sell using this platform are allowed to put reserves on their own items. We are proud to be able to bring you this sale and we stand 100% behind the authenticity of every product we sell. We do not guarantee the grade of any coin whether it is the auctioneer's opinion, the consignor’s opinion, or a professional grading company such as PCGS or NGC. We guarantee that we stand behind every item 100% in terms of authenticity, items are accurate to their description and we insure all our shipping.
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