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Silver dollars lead sale

This article was originally printed in Numismatic News.
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Approximately 1,000 silver dollars from the collection of a Wisconsin family will highlight an auction to be conducted May 29 in Los Angeles by Bonhams & Butterfields.

Collected by five siblings during their childhood, Paul Song, rare coins and bank note director, said he was pleased to present a unique childhood collecting story that accompanies the coinage.

As recounted by the consignor: “In the ’50s and early ’60s, my family lived in a small town in northern Wisconsin. My father was a prominent businessman in town, the biggest employer, and was on the board of directors of the local bank.  We had a cottage on a small lake a few miles outside of town that the entire family would move to during warmer weather to escape the heat. 

2012 U.S. Coin Digest
2012 U.S. Coin Digest

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“One summer in the early 1960s, my father arranged for the local bank to have a money transport deliver bags of silver dollars to our cottage. The bank arranged to have the coins shipped from the Federal Reserve Bank in Minneapolis, Minn. The idea was for the five siblings to go through the bag and research each coin as to the scarcity and value. We would then keep the coins that had some numismatic value.   After five or six weeks, my siblings and I wound up with almost 1,000 silver dollars. 

“We moved away. The coins, collected by my siblings and I, were placed in a safety deposit box and, with one exception for inventorying, have not been touched for 50 years.” Among the circulated scarce dates to be offered are an 1893-CC, four 1893-S pieces, an 1894 and an 1895-S.

An illustrated catalog will be available online at www.bonhams.com/us.

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