1880-1887 Morgan Silver Dollar New York Bank Hoard NGC BU

Item #
342460
Out of Stock
This item is currently Out of Stock. Please sign up to be notified if this product becomes available.

Secure One of the Final Silver Dollars From the New York Bank Hoard

During the release of the Great Treasury Hoard in the 1960s, a numismatic broker in Brooklyn, New York named Edward’s Associates acquired a sizable number of unopened Morgan bags, 16 of which were sold to an unnamed individual who worked in the financial sector of Wall Street in lower Manhattan. The unopened bags were placed into a bank vault, and the owner walked away. For one of the first times in history, a modern find of unopened bags of Morgans could actually be traced back to, and certified as coming from, the Great Treasury Hoard!

For years, the family of the Wall Street employee who secured the bags of Morgan Silver Dollars simply paid the monthly fee for the vault. That fee was rather sizable, though, and the financial toll eventually led to the family deciding to open the vault and sell the coins — and we secured every last one of them, 16,000 coins in all!

In the years since the 2018 release of this hoard, collectors have been scooping the coins up at a rapid pace and now the hoard is nearly gone! We still have some coins available, however, but this may be your last chance to secure Morgan Silver Dollars pedigreed as “New York Bank Hoard from U.S. Treasury Bag.”

The coins available in this offer contains were struck between 1880 and 1887 and hail from the San Francisco, New Orleans and Philadelphia Mints. Dates and mint marks will vary. Plus, each comes certified by the Numismatic Guaranty Corporation (NGC) in Brilliant Uncirculated (BU) condition and sealed in an acrylic coin holder with a special “New York Bank Hoard” label that also notes that the coin hails “From U.S. Treasury Bag” attesting it originated from the from the famous U.S. Treasury Hoard.

Hurry: only limited quantities are available. Don’t let one of these final coins escape your collection.

  • THE NEW YORK BANK HOARD – This coin hails from the massive New York Bank Hoard. The hoard consisted of sixteen 1,000-coin bags of Morgan Silver Dollars acquired during the Treasury Hoard releases of the early 1960s. The owner of the hoard worked in New York City’s financial district and he purchased the coins from a Brooklyn coin dealer. The hoard’s original owner was an immigrant who grew up during the Great Depression and valued physical money. His family decided to sell the coins rather than continue paying an $800-per-month bank vault storage fee.
  • STRUCK IN GLEAMING AMERICAN SILVER – Morgan Silver Dollars were struck in 90% silver from the famous Comstock Lode.
  • LEGAL TENDER SILVER DOLLARS – Morgans were $1 legal tender and struck during the heyday of America’s Wild West era where coins were overwhelmingly preferred over paper currency.
  • GRADED IN BEAUTIFUL UNCIRCULATED CONDITION – This coin has been graded by the Numismatic Guaranty Corporation (NGC) as being in Brilliant Uncirculated (BU) condition!
  • SPECIAL PEDIGREED LABEL – Your coin will be encapsulated in an acrylic coin holder with a special “New York Bank Hoard” label that also notes the coin hails “From U.S. Treasury Bag” attesting it originated from the from the famous U.S. Treasury Hoard.
  • THE CASE OF THE DISAPPEARING MORGANS – While millions of Morgan Silver Dollars were struck from 1878 through 1921, massive silver meltings and the ravages of time have taken their toll. Today coin experts believe that only 15% of all Morgans ever struck remain in existence – and fewer still remain in Choice Uncirculated condition!

Get your portion of the New York Bank Hoard of Morgan Silver Dollars from the original U.S. Treasury Hoard. Add this Morgan Silver Dollar to your cart right now!

Availability Out of Stock
Country United States
Composition Silver
Purity 0.9000
Condition Uncirculated
Grade BU
Pedigree New York Bank Hoard
Denomination 1.00
Currency Type Dollar
Coin Weight 26.73 Grams - g
Weight 1 Ounce - oz
Dimensions 40.6mm