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Pedigrees & Hoards: The El Cortez Casino Collection

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CoinWeek's Avatar
United States
127 Posts
 Posted 02/20/2015  7:11 pm Show Profile   Bookmark this topic Add CoinWeek to your friends list Get a Link to this Message Number of Subscribers
The following is an article excerpt from Coinweek
Probably no other state has brought as many "hoards & collections" into the hobby as the state of Nevada. Several have interesting stories, like the Binion and Fitzgerald collections, but all started out as hoards.

The El Cortez Casino Collection, however, was true to its name-it started as a collection.

The El Cortez Casino Collection once belonged to legendary gaming pioneer Jackie Gaughan, the fourth owner of the El Cortez Casino in downtown Las Vegas. The El Cortez Casino has an interesting pedigree of its own; mobster Bugsy Siegel was its second owner. For many years, Jackie assembled a collection from coins found passing through the casino. While most were silver Morgan and Peace dollars, a few gold coins resided in his collection. I was told that the collection was on display at the El Cortez Casino for many years.

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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 02/20/2015  8:19 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
thanks for sharing this.

I was aware of the Binion Hoard that was disbursed quite a few years ago. I remember seeing the coins and poker chips being sold on tv back when I first started collecting.

Gaughan and the other casino operators were in the right place, right time to get vast quantities of silver dollars.

-MV
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