***Auction Highlight*** 1896-s Morgan Dollar $1 Graded ms65 BY Paramount (fc)

***Auction Highlight*** 1896-s Morgan Dollar $1 Graded ms65 BY Paramount (fc)
***Auction Highlight*** 1896-s Morgan Dollar $1 Graded ms65 BY Paramount. Lavere Redfield was an eccentric, savvy investor in stocks and real estate. He made his fortune through shrewd investments. When he died, a massive treasure trove of silver dollars was discovered in his Nevada home. The Redfield collection is indeed one of the largest treasures of Morgan dollars found in the United States and is now the delight of many numismatists. When he died in 1974, his estate was estimated to be worth more than $70 million.The executors found hundreds of bags of silver coins. They account for 680 bags of coins hidden in his home. A total of $407,000 Morgan and Peace dollars made up Redfield’s collection. For many years, rumors spread that the 400,000 silver dollars found in his Redfield mansion were only part of his treasure, with the rest buried elsewhere. In late January 1976, the entire lot was sold to the highest bidder. The winning bid of $7.3 million was from Steve Markoff of A-Mark Corporation, narrowly eclipsing the underbidders, Bowers and Ruddy Galleries.Markoff chose Paramount International Coin Corp. as the primary distributor of the treasure coins. This U.S. company flourished in the 1970s, before the grading services we know today (PCGS or NGC) even existed. A Corey's Pick, Bid to Win, Don't let it get Away Coin