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American Savings And Loan 1888 Morgan Dollar, Anything Special?

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firemandmc's Avatar
United States
80 Posts
 Posted 08/14/2020  12:30 pm Show Profile   Bookmark this topic Add firemandmc to your friends list Get a Link to this Message Number of Subscribers
Cant find this online
American-Savings-And-Loan-1888-Morgan-Dollar,-Anything-Special?

*** Edited by Staff - Clarified Topic Title ***
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bobby131313's Avatar
United States
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 Posted 08/14/2020  12:32 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Old bank giveaway, usually when opening an account. Looks like a genuine Morgan to me.
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matthewvincent's Avatar
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 Posted 08/14/2020  1:07 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
These bank giveaways were back in the time when banks had loads of silver dollars. If this example came from a trusted source there is little doubt that it is genuine.
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firemandmc's Avatar
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 Posted 08/14/2020  1:11 pm  Show Profile   Bookmark this reply Add firemandmc to your friends list Get a Link to this Reply
Is there any extra value to it than jist the coin itself?
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matthewvincent's Avatar
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 Posted 08/14/2020  1:20 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
No extra value except historical.
If it came from a relative who had an account at this bank then there is family history.
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nss-52's Avatar
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 Posted 08/14/2020  1:24 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
$1 was a lot to give away back then.
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RedRaider's Avatar
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1018 Posts
 Posted 08/14/2020  2:57 pm  Show Profile   Bookmark this reply Add RedRaider to your friends list Get a Link to this Reply
Crazy.....I grew up next to one of the branches listed. Dairy Ashford and Memorial was very close! Thanks for sharing.
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jbuck's Avatar
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187862 Posts
 Posted 08/14/2020  3:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Is there any extra value to it than jist the coin itself?
It may not be much, but there is a subset of collectors who enjoy collecting coins in specialty packaging. In my opinion, the older the better, so this qualifies.
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firemandmc's Avatar
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 Posted 08/14/2020  3:50 pm  Show Profile   Bookmark this reply Add firemandmc to your friends list Get a Link to this Reply
Im pretty excited about it. I live close to houston, love the history of it. But, like I said, having a difficult time finding historical info on it
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Heymikep's Avatar
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 Posted 08/14/2020  4:04 pm  Show Profile   Bookmark this reply Add Heymikep to your friends list Get a Link to this Reply
Look at the telephone number, This was before area codes!
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bobby131313's Avatar
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 Posted 08/14/2020  4:14 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
Look at the telephone number, This was before area codes!

My mother in law told me she's so old that when she was a kid her phone number was 7.
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jbuck's Avatar
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187862 Posts
 Posted 08/14/2020  4:17 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Look at the telephone number, This was before area codes!
Not before area codes (they date back to 1947), but certainly before 10-digit dialing.
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thq's Avatar
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 Posted 08/14/2020  9:07 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I'd guess early 1960's while silver was still in circulation. There isn't a lot on the internet about this bank, which doesn't appear to exist any more. A few lawsuits and that's about it.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
08/14/2020 9:08 pm
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suipakpaikungfu's Avatar
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 Posted 08/15/2020  1:05 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
I collect these when I find them, great pieces of history!
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Wideglide's Avatar
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 Posted 08/16/2020  3:50 pm  Show Profile   Bookmark this reply Add Wideglide to your friends list Get a Link to this Reply
Edited by Wideglide
08/16/2020 3:52 pm
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thq's Avatar
United States
3343 Posts
 Posted 08/17/2020  12:25 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I read that too wideglide, and am not sure that it's the same bank. The one in Houston sounds more local than the big institution in Stockton, but I could be wrong. The SEC registration document for ASLA of Houston TX shows a Southwest Freeway address ca 1984. There's also an ASLA in Florida.

The lawsuit dates from 1964, which is a likely time for the coin and its package.

https://www.casemine.com/judgement/...b049345cfb53
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
08/17/2020 12:44 pm
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