Redfield Morgan Silver dollars

Discussion in 'US Coins Forum' started by Robert, Aug 4, 2004.

  1. Conder101

    Conder101 Numismatist

    Somewhere in my accummulation of TPG related "stuff" I do have a brochure from Paramount with prices on some of them. They weren't sold like the GSA coins though, they were priced individually by date/mint/and grade. And Paramount never released a listing of all the dates /mints that were in the hoard.

    The green ones were graded MS-65 Plus (Plus was spelled out not +). At the time there was only MS-60, 65, and 70. This was before 11 point grading, in fact it was before 60, 65, and 70 was used by anyone except EAC people for early copper, so calling a coin 65 Plus would have to make it a very exceptional item. As such green Redfields are very few and far between. I do have pictures of both varieties of green Redfield/Paramount holders in the Slabbook so they do exist.
     
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  3. Thanks, I have a few of the Black & Red and 1 Green, all have the Redfield label. I will also have to say that they grade all over the place no matter which color holder. I am still curious as to the pricing back in the day.
     
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  4. JeromeW

    JeromeW New Member

    1886S and 1888S MS 65 Redfield sold for $210 11/11/77..
    1889S for $130. This is from receipts found from my father-in-laws collection.
     
    GoldFinger1969 likes this.
  5. Thank you, I had no idea they sold for that much back in the day.
     
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  6. JeromeW

    JeromeW New Member

    Also, I found receipts for Redfield MS 60 (black holders) for $10.00 each on 10/7/77.
    Not sure why such a large jump between the MS 60's and 65's.
     
  7. TheMont

    TheMont Well-Known Member

    'Cause people like red holders better than black ones.
     
  8. Thanks Jerome, I am surprised at the difference in price also. I have Black Holders that have graded MS-64 & Red Holders that graded MS-63, go figure.
     
  9. Santinidollar

    Santinidollar Supporter! Supporter

    OK. Tell me if I'm dreaming. I seem to recall hearing or reading that some of those old Paramount holders, due to its makeup, can damage the coin.

    True or false?
     
  10. I do not know anything about that. What I do know is that NGC will grade them in the original holders, but without the guarantee.
     
  11. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I have owned several Redfield coins over the years. There are basically two choices: First, keep them in the Paramount holders, even though they're misgraded, as it is a collectible on its own being in the original holder. Second, submit it to PCGS or NGC and get it attributed on the new holder that it is a Redfield coin. Which one would I opt for? I would say that if I wanted commercial value for the coin, and felt it was under graded, I would opt for the submission to a TPG. If i just wanted to own a Redfield coin, I would keep it just the way it was. Depends on the date, condition, and value of the coin.
     
  12. Sean5150

    Sean5150 Well-Known Member

    You forgot the third option: Send them to NGC and get a ribbon in the original holder.
     
  13. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    That would be sending to a TPG. Thanks for reminding me. I have used that option many times.
     
  14. TheMont

    TheMont Well-Known Member

    Paramount preceded TPGS, so they just put MS65 (red holders) on the coins they thought looked good and MS60 on the ones that didn't(black holder). If they though that a coin had good eye appeal they gave it a MS65 Plus (green holder). As with the early GSAs the TPGS didn't think the Paramount holder gave it any value so they cracked it out and pout it in their own holder. I have an NGC holder labeled Redfield Hoard.

    I like history so I have Redfield, GSA, and Binion's, the three largest hoards, in their original holders. If you want to get an idea of their value, just go on eBay and see what they're charging for them. Be careful of the Redfield holders, they're not very sturdy and tend to crack easily. I had to send one back to a Seller on eBay because of that. He claimed it must of happened in shipping, but he had so much bubble wrap around it, I doubt his story. I got my refund (he offered to give me part of my money back if I would keep the cracked holder.
    GSA.jpg Redfield coin in Black holder.jpg Redfield.jpg Binion.jpg
     
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  15. bouch

    bouch New Member

    Hello, I have located one of the 33 coin wooden boxes. I purchased it and it holds the paramount holders perfectly. The wooden box is in its original outer cardboard box and come with a key.
     
  16. Conder101

    Conder101 Numismatist

    Bouch i would LOVE to see images of the 33 coin holder. I've seen and handled the seven coin holder and I've seen references to the 33 coin holder in Paramount advertising, but I have never seen one or have heard from anyone that had seen one.
     
  17. Is that the one that just sold on ebay?
     
  18. bouch

    bouch New Member

    Hi, yes. I only have one paramount coin but I knew how rare the box is. After I purchased it I have gotten many offers to buy it from me, people I don't even know!! It is something that I will sell. I am not yet familiar with all of the rules and regs of this site so I will have to review them to see how to sell. Thanks to the 2 people who have responded to my post! RB
     
  19. ekerdrawer11

    ekerdrawer11 New Member

    Since these holders don't identify who does the grading, is it Paramount? Thanks.
     
  20. jtlee321

    jtlee321 Well-Known Member

    Dave Waterstraat and ddddd like this.
  21. Clyde Brown

    Clyde Brown New Member

    Hi, I have a green Paramount ms 65 plus dollar, it is an 1878 8 tf, would anyone like to see it? My email address is - deleted by moderator -
     
    Last edited by a moderator: Feb 25, 2018
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