New Year Bonus Coin Auction 2 of 3 pt 2 D3
By Key Date Coins
Jan 26, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 4226:

The Silver Story, 1957 Silver Certificate, 1883 Morgan Dollar, 1923 Peace Dollar and silver granules.. The Silver ...

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Sold for: $130
Start price:
$ 90
Estimated price :
$250 - $500
Buyer's Premium: 18%
Auction took place on Jan 26, 2023 at Key Date Coins
tags:

The Silver Story, 1957 Silver Certificate, 1883 Morgan Dollar, 1923 Peace Dollar and silver granules.. The Silver Story - Treasure Album. The Silver Story . .. This treasure album represents a look at a bygone era, a time when the average U.S. citizen could reach into his pocket and get a silver coin. June of 1968 will always be remembered as the official time when Uncle Sam decreed that his silver certificates were no longer redeemable for silver. The tiny drops of silver granules which a citizen could get only by traveling to the San Francisco or New York Assay Office were his redemption fulfillment. No mail transactions were allowed so the number of redeemable certificates were minimal until the dealer in silver got into the story. By offering a bonus ranging from 50 percent for a certificate, the dealers were able to redeem many millions of the bills. In turn, they got bars of silver and then resold them for a minimal profit in a fluctuating market. This great collection contains Two Near gem Morgan & Peace Dollars, a CU Silver certificate and a troy ounce bar of silver.

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