REDFIELD,BINION WHATS THE OPINION.........

librtyhead

I just got a binion coin,does anybody have any thoughts on where your coin may have been or does that really matter in the long run,by the way toning seems to be a new thing that is finally growing up.Who can resist the colors of a coin in its glory Well maybe I just have been just a collector for so long that I still get a thrill whenever I see silver & gold but any feedback on these redfields or any other collections would be great thanks danl

agentjim007

Let me be the first to say nothing in answer to your question. Just want to be for the rest of eternity the first to reply to your first post

midwestcoin13

In the long run who knows.

librtyhead

eternity feels like it lasts forever it never ends dammit!!!!!!!!!!!

Bear

The Binion hoard was buried in the desert in vaults.

Mr Binion was a Los Vegas club owner murdered by his

girlfriend and her lover.

Some of the coins do have remarkable color. The overall

quality is not that good because Binion was a hoarder of

Silver dollars as hard money rather then a collector of top

specimens. Anyhow, there are a number of neat coins in the

hoard just by sheer chance.

FatMan

Here's a Big Fat Welcome to Ya!


I picked up this cool Redfield Collector Set at the FUN Show this year. Other than really enjoying this set I know very little about these hoards.

midwestcoin13

<< <i>The Binion hoard was buried in the desert in vaults.

Mr Binion was a Los Vegas club owner murdered by his

girlfriend and her lover.

Some of the coins do have remarkable color. The overall

quality is not that good because Binion was a hoarder of

Silver dollars as hard money rather then a collector of top

specimens. Anyhow, there are a number of neat coins in the

hoard just by sheer chance. >>



nice quick history bit.

midwestcoin13

oh yes I almost forgot

Baley

I think big hoards like redfield and binion and gsa for that matter are pretty cool with a nice history but there are a lot of coins from those hoards so they are fairly easy to get but also popular. Also attractive toning enhances the look of a coin and can be real pretty and command a premium even non collectors say wow when they see it which is not often because you have to keep them in a safe and not tell too many people you have them because they might rip you off sometimes someone tells about getting ripped off maybe even on a toner like barney but i'm starting to ramble on and forget my punctuation but you get the idea also welcome to the board!

DorkGirl

PutTogether

To add a bit to Bear's lesson about Binion.

There are basically four famous Binions. (two are now dead)
Benny Binion - Was owner and founder of the "Horshoe" Casino in Downtown Las Vegas. A notorious gambler, he migrated from Texas to Vegas to open his casino, which was the first ever to offer No Limits on Betting. As long as it was your first bet, you could lay down a million dollars or more if you wanted to on a hand of blackjack or craps. Now one can do this anywhere, but it was unheard of in the late 40s and 50s. He was also responsible for the creation of the now uber famous World Series of Poker

Jack Binion - One of Benny's sons, who eventually helped him run the casino. He was later forced out by his sister....

Becky Binion - took control of the horshoe from Jack. He maintained the rights to the horshoe's name OUTSIDE of Nevada, and created another horshoe that turned into a billion dollar enterprise. Becky ran the old horshoe into the ground, and it was shut down last year by the FBI for non payment of employee union health and retirement fees, and for not having enough cash on hand to continue play. The horshoe was aqquired by Harah's last year.

Ted Binion - Benny's other son. Was murdered by his stripper girlfriend Sandra Murphy and her OTHER boyfriend, Rick Tabish. Sandra handcuffed him and sat on his chest while the forced liquid heroin down his throat so it might look like a drug overdose. Tabish was caught trying to empty Ted's vault in Pahrump Nevada, of all its silver. (where your dollar was once stored). The attorney that originally signed on to defend her was Oscar Goodman, who dropped out of her case and became the Mayor of Las Vegas. (he still is) The silver dollars from the "binion hoard" were pretty much all taken from the casino floor by Ted, who for years and years grabbed any silver that went through the doors and saved it as his own in a vault. He also had racks and racks of 5000 dollar horshoe casino chips stored out there.


The family saga is an amazing one, and if you'd like to learn more about it, or about the World Series of Poker, pick up a book called "Positively Fifth Street" by James McManus. Fantastic book he wrote about his experience playing in the WSOP and simaltaneously covering the Binion murder trial. (Murphy and Tabish were convicted, and McManus made the final table).

midwestcoin13

sounds like a jerry springer episode.

majorbigtime

Is is repoprted that the Binion dollars reposed in a basement vault in the Horseshoe Casino in downtown LV until Ted Binion ceased to be an owner. He then had an underground vault built in Pahrump NV, and the coins were moved there by armored truck. The vault played in Ted's demise, as the man accused of murdering him (once convicted, acquitted on retrial) built the vault and was caught removing the coins shortly Ted's death.

CUEBALL

What about poor Mr. Redfield?Don't know much about him but he was a miser who run into trouble with the goverment for not paying his taxes and went to jail for a while,while he was there he had some medical work done( so the state could pay for it).He kept thousands of silver dollars stored in his basement along with canned food and other items.If I remember right a lot of the dollars were ruined from the canned goods that rusted through and leaked on the coins and from humidity in the basement but there was also thousands of good ones left.

Outhaul

The way the Redfield story goes: When the government was preparing to auction Redfield's house for non-payment of taxes (after he had died) they were taking measurements to calculate square footage. One astute appraiser noticed a huge difference between the dimensions of the exterior of the foundation and the basement interior. It was at that point that they discovered that one of the basement walls was a false one. The government agents began taking down the brick wall exposing the drums and bags of silver dollars on the other side.

Mr. Redfield was very distrustful of the government and every time he was paid in currency he would take it to the bank and cash it in for silver. He did not believe in paper currency nor did he believe in the promise it carried.

The hoard was sold off by the government to satisfy Redfield's debt.

Cheers,

Bob

paigowjohnny

Fat Man...first of all let me say that redfield set you got is PRIMO !!! I had a good chance to get a similar set from a guy out here a couple years ago, and I let it go.....STOOPID !!!

librtyhead...do a Yahoo/Google search for LaVere Redfield and Binion....the stories are pretty fascinating...

Mark

Murphey (the girlfriend) and Tabish (the boyfriend and contractor) appealed their conviction and were granted a second trial. Here's an up-date on the Binion case from the Court TV website about the outcome of the second trial:

"The jury deliberated for approximately 19 hours before returning their verdict. To the shock of many, Murphy and Tabish were acquitted of all murder charges citing a lack of medical evidence ... However, even though they escaped murder charges, they were found guilty of conspiracy to commit burglary, burglary and grand larceny for plotting to steal Binion's money."

So, it looks like they were not ultimately convicted of Ted Binion's murder.


Mark