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The treasure of the Bank of Omaha

The greatest specificity of the treasure of the Bank of Omaha is undoubtedly to be enigmatic. The history surrounding this collection remains a mystery to this day. We still don’t know to whom it belongs and how it was created.

A treasure of american coins

What we do know is how the treasure of the Bank of Omaha came to be. A private collector had carefully preserved more than 320,000 coins in thousands of rolls in a safe in a bank in Omaha. The custom for collectors was to acquire a roll of each coin every year. He would have used this practice for about forty years, from the early 1930s to the early 1970s.

Thus the collection includes coins minted in the 20th century. Most of the coins date from the 1950s and 1960s. From 1964 on, their number is very limited. The coins range from one cent to half a dollar, all in perfect condition. Only one set is complete, the Silver Roosies, from the years 1946 to 1964. Other coins such as Buffalo nickels, Walking Liberty half dollars and Lincoln Wheat Penny are also in the collection.

The discreet sale of Omaha’s treasure

Mark Borckardt, consignment manager at the Heritage Auction Galleries, announced in 2004 that the U.S. auction house had acquired the Omaha bank treasure. The company purchased the 2,000 rolls at an unknown price. The transaction would still have reached a seven-figure sum, but the man who made the sale wished to remain discreet. It took a truck to move the whole lot. The rolls of modern U.S. coins were never put into circulation. That is why they are kept in exceptional condition. The coins have all been certified by PCGS.

Source :
Coin Books

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