Binion Estate One Pound US Silver Coins

Own a piece of history! Ted Binion was the son of Lester "Benny" Binion, founder of the Binion's Horseshoe casino in Las Vegas. A collector and believer in the importance of owning silver assets, Binion acquired most of his coins at face value in the 1950s and early 1960s. In 1951, Benny opened Binion's Horseshoe casino.

Thanks to the combination of Benny's marketing skills and the growing number of tourist visiting Las Vegas, the Horseshoe flourished. Ted Binion, whose real first name was Lonnie, grew up in the hotel and casino business in the 1950s and 1960s. That meant he was constantly surrounded by cash. Cash was used on the poker tables, craps tables and blackjack tables.

Cash was used in all of the casino's games and in all of its slot machines. When Ted worked in the cashier's room at the casino, he received and paid out silver coins that ranged from tiny Mercury and Roosevelt dimes to large Morgan and Peace dollars. Like so many Americans of that era, he often came across scarcer-date coins worth more than their face value and added them to his collection.

This experience helped him learn the importance of a circulated coin's grade or an uncirculated coin's state of preservation. Like every casino in the state, Binion's Horseshoe hotel and casino ordered and received a constant flow of silver dollars from its bank. Ted was in an advantageous position to inspect the 1,000-coin bags as they arrived. Ted Binion filled his secret underground vault in the Nevada desert with a spectacular accumulation of silver bars and silver dollar bags. As a wealthy man's son and part owner of a successful Las Vegas casino, he could afford to add bags of silver dollars to his holdings.

After all, they could always be brought back to the casino if they were needed. Ted Binion met 23-year old Sandy Murphy in 1995 at the age of 52 and was smitten with her beauty. Secretly, Murphy and Tabish became lovers. Later that year, Ted Binion died in his home under mysterious circumstances. Two years later, after a sensational trial intimately covered by major newspapers, national magazines and "Court TV, " a Nevada jury convicted Murphy and Tabish of murdering the millionaire casino boss. Two factors account for the generally high quality of the Binion silver dollars. First, based on his personal experience, Ted Binion selected only high-quality coins for himself. The item "Binion Estate One Pound US Silver Coins" is in sale since Sunday, December 29, 2019. This item is in the category "Coins & Paper Money\Coins\ US\Collections, Lots". The seller is "thisthat_and_thethird" and is located in Cincinnati, Ohio. This item can be shipped to United States, Canada, United Kingdom, Denmark, Romania, Slovakia, Bulgaria, Czech republic, Finland, Hungary, Latvia, Lithuania, Malta, Estonia, Australia, Greece, Portugal, Cyprus, Slovenia, Japan, China, Sweden, South Korea, Indonesia, Taiwan, South africa, Thailand, Belgium, France, Hong Kong, Ireland, Netherlands, Poland, Spain, Italy, Germany, Austria, Bahamas, Israel, New Zealand, Singapore, Switzerland, Norway, Saudi arabia, Ukraine, United arab emirates, Qatar, Kuwait, Bahrain, Croatia, Malaysia, Brazil, Chile, Colombia, Brunei darussalam, Bolivia, Ecuador, Egypt, Guadeloupe, Iceland, Jordan, Cayman islands, Sri lanka, Luxembourg, Peru, Pakistan, Paraguay, Viet nam, Uruguay.