LOT / Treasure, World, U.S. Coin and Paper Money Aucti... / Lot of two USA (Philadelphia mint), $1, NGC &quo...

100

Lot of two USA (Philadelphia mint), $1, NGC "Binion collection": Morgan, 1898 and Peace, 1922.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:60.00 USD Estimated At:80.00 - 120.00 USD

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This item SOLD at 2018 May 15 @ 11:18UTC-4 : AST/EDT

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Lot Description
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BP, Taxes & Fees
Shipping & Payment
Terms

Lot of two USA (Philadelphia mint), $1, NGC "Binion collection": Morgan, 1898 and Peace, 1922. The story of the Binion collection is the stereotypical Las Vegas rise-and-fall tale, one consisting of sex, drugs, money, and murder. Ted Binion was the youngest son of Benny Binion, a famous gambler and racketeer who operated out of Dallas, Texas, before moving to Las Vegas in 1946. In 1951, Benny purchased two clubs, the El Dorado and the Apache, and reopened them as Binion's Horseshoe Casino. In 1964, Benny Binion received full control of the casino but, as a convicted criminal, was unable to hold a gambling license. He turned over the casino to his sons, Jack and Ted. Ted Binion, ever-gregarious, enjoyed being the face of the casino and consorting with the high-rollers. However, he also got involved in drugs and began a relationship with a stripper, Sandy Murphy. In March of 1998, the Nevada Gaming Commission revoked Ted's gaming license and the casino cut ties with him. However, Ted had a vault in the casino filled with his silver collection. Forced to remove the collection, he made a deal with his associate, Rick Tabish, to bury the silver in an underground vault in the Nevada desert. Only Ted Binion knew the code to access the vault, which contained silver bullion, casino chips, bank notes, and over 100,000 coins, many of which were Morgan dollars. On September 17, 1998, Binion had his lawyer remove Murphy from his will and suggested he might die that night. The next day, Binion was found dead in his home of a suspicious drug overdose. Two days later, Tabish was arrested while digging up Binion's vault. Investigators later found out that Tabish and Murphy were in a relationship and that Tabish had received the vault code from her. Both Murphy and Tabish were tried in 1999 and convicted of murder and burglary. Due to legal technicalities, a new trial was granted to them in 2004 where they were acquitted of murder but guilty of burglary and grand larceny. Murphy was released for time served; Tabish left prison in 2010. Binion's treasure, managed by his sister, was eventually sold to a promotional company with many coins ending up in NGC slabs. Both coins in this lot are AU with bagmarks but still lustrous. NGC# 137387-058, 145399-076. Pedigreed to the Ted Binion collection. If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (FLORIDA)

Taxes:

Tax	Rate	Desc.
FSTA	6.75%	Florida Sales Tax - Alachua
FSTB	7%	Florida Sales Tax - Baker
FSTB	6%	Florida Sales Tax - Bay
FSTB	7%	Florida Sales Tax - Bradford
FSTB	6%	Florida Sales Tax - Brevard
FSTB	6%	Florida Sales Tax - Broward
FSTC	7.5%	Florida Sales Tax - Calhoun
FSTC	7%	Florida Sales Tax - Charlotte
FSTC	6%	Florida Sales Tax - Citrus
FSTC	7%	Florida Sales Tax - Clay
FSTC	6%	Florida Sales Tax - Collier
FSTC	7%	Florida Sales Tax - Columbia
FSTD	7%	Florida Sales Tax - De Soto
FSTD	7%	Florida Sales Tax - Dixie
FSTD	7%	Florida Sales Tax - Duval
FSTE	7.5%	Florida Sales Tax - Escambia
FSTF	7%	Florida Sales Tax - Flagler
FSTF	7%	Florida Sales Tax - Franklin
FSTG	7.5%	Florida Sales Tax - Gadsden
FSTG	7%	Florida Sales Tax - Gilchrist
FSTG	7%	Florida Sales Tax - Glades
FSTG	7%	Florida Sales Tax - Gulf
FSTH	7%	Florida Sales Tax - Hamilton
FSTH	7%	Florida Sales Tax - Hardee
FSTH	7%	Florida Sales Tax - Hendry
FSTH	6.5%	Florida Sales Tax - Hernando
FSTH	7%	Florida Sales Tax - Highlands
FSTH	7%	Florida Sales Tax - Hillsborough
FSTH	7%	Florida Sales Tax - Holmes
FSTI	7%	Florida Sales Tax - Indian River
FSTJ	7.5%	Florida Sales Tax - Jackson
FSTJ	7%	Florida Sales Tax - Jefferson
FSTJ	7%	Florida Sales Tax - Lafayette
FSTL	7%	Florida Sales Tax - Lake
FSTL	6%	Florida Sales Tax - Lee
FSTL	7.5%	Florida Sales Tax - Leon
FSTL	7%	Florida Sales Tax - Levy
FSTL	7%	Florida Sales Tax - Liberty
FSTM	7.5%	Florida Sales Tax - Madison
FSTM	6.5%	Florida Sales Tax - Manatee
FSTM	6.5%	Florida Sales Tax - Marion
FSTM	6.5%	Florida Sales Tax - Martin
FSTM	7%	Florida Sales Tax - Miami-Dade
FSTM	7.5%	Florida Sales Tax - Monroe
FSTN	7%	Florida Sales Tax - Nassau
FSTO	6%	Florida Sales Tax - Okaloosa
FSTO	7%	Florida Sales Tax - Okeechobee
FSTO	6.5%	Florida Sales Tax - Orange
FSTO	7%	Florida Sales Tax - Osceola
FSTP	6.5%	Florida Sales Tax - Palm Beach
FSTP	7%	Florida Sales Tax - Pasco
FSTP	7%	Florida Sales Tax - Pinellas
FSTP	7%	Florida Sales Tax - Polk
FSTP	7%	Florida Sales Tax - Putnam
FSTS	6%	Florida Sales Tax - Saint Johns
FSTS	7%	Florida Sales Tax - Santa Rosa
FSTS	7%	Florida Sales Tax - Seminole
FSTS	7%	Florida Sales Tax - Sumter
FSTS	7%	Florida Sales Tax - Suwannee
FSTT	7%	Florida Sales Tax - Taylor
FSTU	7%	Florida Sales Tax - Union
FSTV	6.5%	Florida Sales Tax - Volusia
FSTW	7%	Florida Sales Tax - Wakulla
FSTW	7%	Florida Sales Tax - Walton
FSTW	7%	Florida Sales Tax - Washington

Buyer's Premiums:

From (Incl.)	To (Excl.)	Premium
0.00	Infinite	17.5%

Additional Fees:

No data available.

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TERMS AND CONDITIONS
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1) Each lot will be sold to the highest Bidder unless the reserve or starting price is not met. Bids may be submitted in person or by mail, telephone, fax, email, or live on the Internet until each lot is closed during the live session. All non-live bids must be received before the auction session begins. The Auctioneer or any of its employees individually cannot be responsible for errors in bidding or the loss or delay of any bids that do not reach us by the closing date and time, or for any technical glitches that prevent internet bids from being executed. All bidders must be registered before their bids will be entered. All bids are in U.S. dollars.
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This lot is part of the auction: Treasure, World, U.S. Coin and Paper Money Auction 23 - May 15-16 Back To Catalog Listing

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From (Incl.)	To (Excl.)	Increment
0.00	50.00	2.00
50.00	100.00	5.00
100.00	200.00	10.00
200.00	300.00	20.00
300.00	500.00	25.00
500.00	1,000.00	50.00
1,000.00	2,000.00	100.00
2,000.00	3,000.00	200.00
3,000.00	5,000.00	250.00
5,000.00	10,000.00	500.00
10,000.00	20,000.00	1,000.00
20,000.00	30,000.00	2,000.00
30,000.00	50,000.00	2,500.00
50,000.00	100,000.00	5,000.00
100,000.00	Infinite	5,000.00

LOT / Treasure, World, U.S. Coin and Paper Money Aucti... / Lot of two USA (Philadelphia mint), $1, NGC &quo...

Lot of two USA (Philadelphia mint), $1, NGC "Binion collection": Morgan, 1898 and Peace, 1922.

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