Roll (20) From Unearthed Hoard 1881-S Morgan

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LOW PREMIUM GOLD, SILVER & RARE COIN AUCTION

By Coins & Auctions Since 1994

Jan 25, 2023

Set Reminder 2023-01-25 15:00:00 2023-01-25 15:00:00 America/New_York Bidsquare Bidsquare : LOW PREMIUM GOLD, SILVER & RARE COIN AUCTION https://www.bidsquare.com/auctions/coins-auctions-since-1994/low-premium-gold-silver-rare-coin-auction-12006
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• Lot Description
  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!
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