L. Edward Bache & Co. Announces Purchase of Frank Sinatra / JFK / Cal Neva Lodge Silver Hoard

Oct. 8, 2010 - PRLog -- The "Frank Sinatra / JFK / Marilyn Monroe / Cal Neva Lodge Silver Hoard" consisted of 6000 MS65 to MS 70 Brilliamtly Uncirculated Morgan Type Silver Dollars, primarily minted at the San Francisco and Carson City Mints.  Larry Bache made the purchase and financing transaction based upon several important historical facts, including the Cal Neva Lodge being the site where Frank Sinatra had his gambling licenced revoked, the Hotel and Casino being the location for many of the meetings between President "John Fitzgerald Kennedy" and "Marilyn Monroe", as well as the site named in many Freedom of Information Act releases concerning the Chicago Outfit when it was under the control of Sam Giacana and Antonio Acardo, this proving to be the ultimate reason the Casino's license was revoked.  

It is doubtful, based on the fund purchasing the coins, that they will ever leave the Bank Vaults in Nevada, as "Bache & Co." is primarily a buyer of these types of assets,  and has never been known to sell.

In the financing transaction the firm negotiated keeping 4000 100 plus year old Brilliantly uncirculated Silver Dollars, while financing the remaining 2000 of the purchase for a private mint.

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