Bearing a background that sometimes resembles the plot of a Hollywood movie, more than 100,000 silver dollars, many grading Mint State 65, MS-66, MS-67 and even MS-68, are entering the market from a single hoard owned by a Las Vegas casino owner murdered in 1998 by the man hired to build the vault in which the coins were stored.

The coins come from the estate of Ted Binion and were purchased for more than $3 million by Spectrum Numismatics International, according to Mark Albarian, president and CEO of Goldline International Inc. Goldline International Inc. is offering the coins.

Goldline has been selected as the exclusive worldwide marketing agent. Albarian said more than 90 percent of the coins will be sold to individual collectors with the remaining coins offered at auction by the new owners. Albarian said the coins to be auctioned exhibit "beautiful toning and are the scarcest variety."

The coins have been graded and encapsulated by Numismatic Guaranty Corporation of America with a special green label indicating the coin was part of the Binion Collection, the first time an NGC label appears in color. The label also depicts the outline of three cowboys from the old West and provides the address of a special Web site, www.binioncollection.com, offering more information about the collection.

"The coins of the Binion Collection offer an opportunity for both novices and sophisticated collectors to acquire coins for their collections," Albarian said. "The price range is affordable - many coins are available for less than $50 with the most expensive at over $100,000."

Albarian said the silver dollars represent in excess of 10 different dates from nearly all Mints.

In addition to the silver dollars there are also 90 percent silver coins from the late 1950s and early 1960s plus Walking Liberty and Barber half dollars, Albarian said.

The coins were kept in an underground vault measuring 10 feet by 12 feet by 10 feet and built of concrete and steel. According to Goldline, the man Binion hired to build the vault, Rick Tabish, was convicted in 2000 of murdering Binion in 1998 with the help of Binion's former lover, Sandy Murphy, who was also convicted. Binion reportedly paid Tabish $40,000 to build the vault in 1998 near Pahrump, Nev.

Binion's collection was built on an accumulation of silver coins his father and mother set aside while owners of Binion's Horseshoe Casino. During the late 1940s until their deaths, Benny and Teddy Jane Binion pulled out silver dollars and other silver coins from the money used at their casinos.

Benny Binion opened Binion's Horseshoe casino in 1951 as a place that would never encounter a bet too large to cover.

When he arrived in Las Vegas from Texas in 1946, Benny Binion became a partner in the Las Vegas Club casino but left shortly afterwards "after disagreements over the stakes the club would allow gamblers to bet."

According to Goldline's special Web site highlighting the Binion collection: "Benny Binion believed that gamers should not be limited in the amount they were willing to wager; if they were willing to put it to chance, the house should cover it. He opened the Horseshoe four years later and changed the face of gambling forever."

The Web site also points out that "Ted was a noted collector in his own right. This aided the preservation of the coins and bars of the Binion Collection. In fact, this silver has sat relatively undisturbed for many years. Some coins have been in the collection for over 40 years. Many people also believe Ted had collections of other valuable items in his possession such as Carson City silver dollars, $20 Saint-Gaudens gold coins and precious gems. If he did own these things, they have yet to be found or recovered, adding to the mystique of this collection."

For more information about the coins, contact Goldline International Inc., 1601 Cloverfield Boulevard, 100 South Tower, Santa Monica, CA 90404. Telephone (877) 376-2646, fax (310) 319-0265, or e-mail clientservices@goldlinecoins.com.