Where does the Fitzgerald Hoard of Silver Dollars rank---

ABC123

in terms of significance or importance when compared to the Redfield Hoard, the GSA Hoard, etc. ?

Tootawl

What is Fitzgerald's story?? Who is he? I LOVE coins with a good story behind them like the Binion coins and a few others. While looking for some Morgans, I noticed a few have the Fitzgerald - "Fitzgerald Nevada Club Reno Hoard" label.

RedTiger

from
http://www.coinbooks.org/esylum_v07n23a10.html
link

"When coin dealer Ronald J. Gillio gazed in the musty
warehouse on the outskirts of Reno last year [2003], he could
not believe his eyes: Inside were boxes and boxes of
commemorative casino spoons, matches, key chains
and coasters - gambling junk accumulated over decades.

Locked in safes in the warehouse was what he really
was after - bags and bags of silver dollars, more than
100,000 in all. There were also thousands of casino
chips in denominations from $1 to $100, old casino
counting machines, a Seeburg jukebox and three
vintage roulette wheels, including one with a rare
single zero slot.

Gillio, of Santa Barbara, Calif., bought it all - junk and
treasure - for an undisclosed price. The property had
been accumulated by the late Lincoln Fitzgerald, who
at one time owned the Nevada Club in downtown
Reno, the Nevada Lodge at Lake Tahoe and
Fitzgeralds in Reno.

Gillio dubbed the find "the Fitzgerald's hoard."

rld14

Well if Fitzgerald had 100,000 Morgans, that's an awful lot less than the GSA Hoard, I remember reading in QDB's Morgan DOllar book that there were over 2 MILLION CCs in the GSA hoard alone.

Tootawl

Thanks for the info! Sounds like Lincoln Fitzgerald was just a guy who didn't throw away anything and not a loser like Ted Binion.

blu62vette

While the story is cool beware of overgraded NGC coins like some of the Binions.....

Bear

When these hoards are not sent to PCGS,

it speaks volumes for the quality of the hoard

in general. Sure there may be a few handfuls of

super gems among the 100,000 coins. However,

what the average collector will be offered, will probably

be the 99,900 of the lesser quality coins in

AU-58 to MS-64/65. Any PL , super gems, and DMPL in the

lot will represent the profit for the investors, to be sifted off

of the lot.However, this is just my opinion from a number of

prior hoards from non collectors that hit the market with much

hoopla and little true equity. I imagine the pure dross will be

sold, in bulk, to the TV coin seller specialists. Now remember,

the rolls of AU/BU dollars will probably be limited to just 100

rolls per collector.