The Binion Collection
Silver Dollars from the Hoard of Ted Binion

BINION HISTORY

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Ted Binion's Peace Silver Dollars Now Available

          (Santa Monica, CA) Peace silver dollars from Ted Binion's fabled collection are being graded and released to the public.  In November 2001, the Binion silver hoard including over 100,000 high quality U.S. Morgan and Peace silver dollars was sold for over three million dollars.  Goldline International, Inc. (Goldline.com) of Santa Monica, CA was appointed exclusive worldwide marketing agent by the purchaser with some coins to be sold in auction. 

          Over 50,000 of the Binion silver dollars are Morgan dollars from the 19^th Century and the uncirculated coins are almost sold out.  Based on the rate of sale of the Binion Morgan dollars, Goldline does not expect the Peace dollars to be available for long.  An inventory of the Binion silver dollars and other pertinent information can be found on the official website  at www.BinionCollection.com. 

          Ted Binion, the controversial former casino owner murdered by his girlfriend and her secret lover, 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 desert near Pahrump, NV. 

          All Binion coins were authenticated and certified by the Numismatic Guaranty Corporation (NGC).  NGC sealed each silver dollar into a tamperproof plastic holder featuring a special pedigree label that for the first time is in a color (green) and depicts three cowboys from the Old West.  The label also shows the coin's date, mint of issue, and grade.   Less than 1/10^th of 1 percent of all coins graded by NGC have a pedigree.

Mark Salzberg, President of NGC, classified Binion’s hoard as “the greatest collection of silver dollars that NGC has ever authenticated."  He added, "These coins are dripping with amazing originality and historical importance.” 

 Peace silver dollars were issued to commemorate the Great War and were minted from 1921 until 1935.  These coins were designed by medallist Anthony DeFrancisci and embody the spirit of Lady Liberty.  Only two other silver dollars were minted after the Peace dollar by the United States Mint; neither are composed of 90% silver.  The Peace dollar was the last of the real silver dollars used as currency in the United States. 

          The price range per coin starts under $50 and runs over $1,000.  For more information about the Binion Collection, call Goldline at 1-800-827-4653.

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