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Posted 02/16/2011 11:45 am
Hi gang, remember that it's only a Redfield Hoard Coin if it specifically says it on the holder. That red holder was used again and those dollars were not from the Redfield hoard.
As to grade, I'd say 63 to 64 also.
Quote:
We are told that the exact inventory of the Redfield Hoard of silver dollars has never been revealed. A number exceeding 351,000 of the silver coins found, were uncirculated. When the coins were put up for auction, there were so many coins the lot could not be properly examined by the potential bidders, and when the hammer fell Steve Markoff of A-Mark Corporation purchased the entire lot for $7.3 million. It has since been estimated that the wholesale value of the Redfield Hoard of silver dollars was about $20 million.
So as to not flood the Coin Market with this huge number of coins, Markoff utilized a three-year liquidation plan with a well thought out marketing campaign. That way the Coin Industry would see only a minimal effect, if any, by these coins being retailed to collectors. Several major Coin Dealers handled the retail sales of the Redfield Hoard. The most notable of these was Paramount International Coin Corporation in Ohio. This company packaged the Redfield silver dollars in a hard plastic holder with a cardboard label surrounding the coin reading either "A Silver Dollar from the Redfield Collection," or "US Silver Dollar, Paramount International Coin Corp."
We are told that the exact inventory of the Redfield Hoard of silver dollars has never been revealed. A number exceeding 351,000 of the silver coins found, were uncirculated. When the coins were put up for auction, there were so many coins the lot could not be properly examined by the potential bidders, and when the hammer fell Steve Markoff of A-Mark Corporation purchased the entire lot for $7.3 million. It has since been estimated that the wholesale value of the Redfield Hoard of silver dollars was about $20 million.
So as to not flood the Coin Market with this huge number of coins, Markoff utilized a three-year liquidation plan with a well thought out marketing campaign. That way the Coin Industry would see only a minimal effect, if any, by these coins being retailed to collectors. Several major Coin Dealers handled the retail sales of the Redfield Hoard. The most notable of these was Paramount International Coin Corporation in Ohio. This company packaged the Redfield silver dollars in a hard plastic holder with a cardboard label surrounding the coin reading either "A Silver Dollar from the Redfield Collection," or "US Silver Dollar, Paramount International Coin Corp."
As to grade, I'd say 63 to 64 also.
