LaVere Redfield | |
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Born | Ogden, Utah, U.S. | October 29, 1897
Died | September 6, 1974 Reno, Nevada, U.S. | (aged 76)
Occupation(s) | Stocks and real estate |
Known for | Silver dollar collection, burglary and eccentricity |
Criminal charges | Tax evasion |
Criminal penalty | $60,000 fine and 5 years in federal prison |
Spouse | Nell Rae (née) Jones |
LaVere Redfield (October 29, 1897 – September 6, 1974) was an American financier and multi-millionaire. Redfield made his fortune in purchasing oil land in Los Angeles, investing in stocks, and buying property at tax sales during the Great Depression. When he was robbed in 1952, the multi-million dollar burglary was one of the largest ever recorded. The investigation revealed a hoard of 270,000 silver Morgan dollars and postage stamps behind a false wall in his basement. After his death in 1974, his heirs found 407,000 more silver dollars hidden in his garage and home.