The hoard was discovered in Reno, Nevada, at the home of LaVere Redfield after his death in 1974.
He claimed that the authorities who investigated the burglary forced him to take the silver dollars to the bank at that time.
Redfield did not trust banks and paper money so he continued to collect silver dollars.
[2] The Star Democrat reported that Redfield sent bags of silver dollars down the coal chute at his home.
The chute led to a room in the basement where Redfield also stored jars of peaches.
Summer heat apparently led to peach jars exploding and the juice sprayed on some of the silver dollars.
Writing for the Helena Independent Record, Angus White said the Redfield hoard was the "largest quantity of silver dollars individually owned and amassed in one place in history".