|
The Binion
Collection |
| BINION COLLECTION |
COIN
MARKET CONTRIBUTION |
OLD WEST HISTORY |
SILVER DOLLARS |
Ordering Information |
(Santa Monica, CA) Ted Binion's fabled collection including over
100,000 high quality U.S. silver dollars has been sold for over three
million dollars. Goldline
International, Inc. (Goldline.com)
of Santa Monica, California has been appointed its exclusive worldwide
marketing agent by the purchaser with some coins to be sold in auction.
Ted Binion, the controversial former casino owner who met an
untimely and mysterious death, made his larger-than-life reputation as a
businessman in Nevada. Building
on his father's start, he helped develop Binion's Horseshoe Casino in Las
Vegas into an internationally recognized brand.
His coins were kept in a secret underground vault in the Nevada
desert.
The Binion coins were authenticated and certified by the Numismatic
Guaranty Corporation (NGC), one of the nation's leading independent
facilities for the inspection, authentication and grading of collector and
investor coins. At the
completion of their process, NGC sealed each silver dollar into a
tamperproof plastic holder showing the coin's year and mint of issue, plus
the coin's grade. A coin's
grade is important because it is the primary determinant of the coin's
market value. Mark
Salzberg, President of NGC, said, "This is the greatest collection of
silver dollars that NGC has ever authenticated."
NGC has also included a unique certification sealed into each
protective holder for the historic coins.
Each Binion silver dollar features a special NGC pedigree label
that for the first time is in a color (green) and depicts three cowboys
from the Old West. Each label
also reads, Binion Collection and BinionCollection.com to further identify
the pedigree and to offer collectors a website with additional information
about the collection. "These
coins are dripping with amazing originality and historical
importance," said Salzberg. He
added, "Less than one out of every 1,000 coins NGC grades has a
pedigree. Pedigrees add to
the collectibility of a coin because they identify it from a historical
perspective."
"The coins of the Binion Collection offer an opportunity for
both novices and sophisticated collectors to acquire coins for their
collections," said Mark Albarian, President and CEO of Goldline.
"The price range is affordable—many coins are available for
less than $50 with the most expensive over $10,000."
The Binion Collection should be good for the U.S. rare coin market.
Salzberg also remarked, "Collections like these bring interest
to the coin market. People
that never thought about collecting and investing in coins will make a
decision to do so because of the press surrounding the Binion
Collection."
For more information about the Binion Collection (www.BinionCollection.com),
call Goldline at 1-800-827-4653. –
end – Binion
Collection - Binion
History - Coin
Market Contribution © 2008 Goldline International, Inc.
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