Newton “Newt” Crumley, Sr., Goldfield, Nevada resident, met with William Doyle in September to discuss purchasing from him the Commercial Hotel in Elko, but they couldn’t agree on a price. Doyle wanted $5,000 more than what Crumley wanted to pay. No deal was done.
A month later, they reconnoitered and, still haggling, flipped a coin over the difference. It’s unknown who won the toss, but Crumley bought the property for $70,000 (about $960,000 today).