Odds of a CC in a stash of Silver dollars from a Las Vegas Casino in the 50's-60's - buy complete -

Tomthecoinguy · September 14, 2012 9:07AM

I have a coin buy scheduled for Sunday, where I am meeting a very nice elderly man who said he saved a bunch of Silver Dollars that he got from a Casino in Las Vegas. I believe he got the coins in the early 60's. I'm wondering what people think, is there an increased chance of having a "CC" because of the proximity to Carson City. Or do you think they where all picked over by then? I'm expecting some pretty worn coins since they were casino used, it will be interesting to see. I don't know for sure how many he has, he said "a lot" but I'm sure his idea of a lot and my idea are different. So what are you thoughts? I will report back after the buy on Sunday.

LindeDad · September 14, 2012 9:16AM

This kind of story has so many ways to go south.

metalmeister · September 14, 2012 9:21AM

My Mom and Dad saved a bunch from Vegas back in the 60's. Mostly Peace and Morgan slicks. They looked like they had seen a million slot machines. Good luck.

Tomthecoinguy · September 14, 2012 9:24AM

<< <i>This kind of story has so many ways to go south.

>>

I doubt it, I have bought coins from him before, and he just called saying he found the Silver dollars.

AUandAG · September 14, 2012 9:32AM

Living here in Vegas and growing up in Carson City in the 60's with a Mother that owned a
casino from 60-64 I'd say the odds are slim.

However, I have bought from one lady here in Vegas many CC dollars. She worked at the PO
back in the late 50's and early 60's and someone told her to look for and save all the CC's. She
did just that and never saved another mint mark or coin. None of her coins were anything else
than common dates with one or two G4, G6, 89's.

Then another collector here in Vegas passed away and his daughter and I were acquainted and
she called me a couple of years after. He was a card dealer at a Strip Club and collected all sorts
of coins and had Whitmans and tubes of dollars.
All said and done he had well over 2,000 silver dollars and thousands of halves and quarters. No
copper or nickel. No dimes. None of the dollars were in books with just a few in two by two's. It
looked like he started putting them into the two bys and just quit as he had several hundred empty
two bys just laying unused.
Now he had a ton of nice stuff. Found a 93s, 94, 95s and lots of goodies but NO CC's at all! All his
coins graded (uncleaned).

Two different collectors in the same town and totally different collections. Both collectors gave me
great dreams!

Good luck!
bob

MsMorrisine · September 14, 2012 10:13AM

remember to come back and finish the story

COALPORTER · September 14, 2012 10:27AM

Most likely the coins (if used in casinos) came from GSA bag sales
which could have been MS or More likely circulated coins that were
returned by banks to the government. The chances on finding CC
coins is near zero! imo.

blu62vette · September 14, 2012 10:29AM

A CC run through the coin counter a few times would be cool, but not the best find ever. Check them for damage first.

Timbuk3 · September 14, 2012 10:39AM

Good luck and have fun !!!

MsMorrisine · September 14, 2012 10:55AM

<< <i>

<< <i>This kind of story has so many ways to go south.

>>

I doubt it, I have bought coins from him before, and he just called saying he found the Silver dollars. >>

not south in that way

south as in if you find one it will be more common and slick.

ProofArtworkonCircs · September 14, 2012 1:12PM

In the early 60's, some friends and I were getting silver dollars directly from the Federal Reserve Bank of Boston. Dollars were flowing into circulation. Our bags were typically circulated Morgans with some occasional uncs. Peace dollars never showed up except in January and February when local banks turned in deposited Christmas gifts and then we saw Peace dollars.

Anyhow, finding a CC mint was nothing that unusual. We found all dates.

I even found some at local banks. In one batch of 50, I found both an 1889 CC and 1893 S in well circulated condition. I thought I had a foolproof setup for unsearched coins until I saw the bank officers comparing their Seated Liberty dollars.

ricko · September 15, 2012 3:05AM

The odds are a toss-up....50-50......but sure will be fun looking through them....Cheers, RickO

SamByrd · September 15, 2012 3:23AM

odds are quite slim that anything rare will be in the bag. The up side is desirable VAMS are quite possible as very few collectors until the last decade or so searched them out. I of course hope there is all CC's one never knows.

DorkGirl · September 15, 2012 4:49AM

Odds are that you will have at least a little fun

UtahCoin · September 15, 2012 5:44AM

About 10 years ago I bought a complete set of Morgan Dollars from a guy who worked in the cash room at a big LV casino in the 1950's. He paid face value for every coin. As I recall one of the CC's graded MS-65 and the 93-S graded VF

coinkat · September 15, 2012 5:51AM

S mint dates are more likely

ProofArtworkonCircs · September 15, 2012 1:36PM

<<S mint dates are more likely>>

True, but in pre 1921 Morgans, O mint and Philly dollars were even more likely.

CoinMiner1 · September 15, 2012 2:09PM

My guess is that CC Morgans may have occasionally made it into the casino tray, but didn't stay there for long.

Most folks playing the machines or in the cage wouldn't necessarily know the uncommon dates, but they would have known the CC was 'special'; it has held a cachet for a while.

There was actually two slot machines in Reno, up until about five or six years ago, that would pay off in silver - common date morgan and peace - all very circulated.

Miss those machines....

Wolf359 · September 15, 2012 2:24PM

Casinos frequently sandblasted Morgans to id them. Expect numerous tiny pits on the coin.

Tomthecoinguy · September 16, 2012 8:23AM

It turns out there were "a lot" of coins, but only three silver dollars. So it isn't a very good sample size. The silver dollars were an 1881-s, an 1900-o, and a 1921. I also got the location wrong, they actually came from Harrah's Casino in Lake Tahoe, which is actually much closer to Carson City than Las Vegas is. None of the three have much ware, but based on the shine on the 1900-o and 1881-s, I would say they have been cleaned.

The "a lot" of coins turned out to be mostly just super common foreign stuff that he had collected over the years. I didn't mention in the orginal post, but the seller was orignially from Canada, and had 5 Canadian silver dollars. The most interesting of these a 1936, and 2 1958 "totem" dollars.

Thanks to all those that posted your guesses, and I especially liked the great stories.

LochNESS · September 22, 2012 6:10PM

<< <i>A CC run through the coin counter a few times would be cool, but not the best find ever. Check them for damage first. >>

Odds of a CC in a stash of Silver dollars from a Las Vegas Casino in the 50's-60's - buy complete -

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