1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS65

Why add the 1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS65 to your collection?

This New York Bank Hoard pedigreed 1887 Morgan Silver Dollar achieved the solidly collectible Mint State 65 (MS65) grade from Numismatic Guaranty Corporation (NGC). The Morgan Dollar series was struck from 1878-1904 and then again in 1921. The coins were struck on 90% silver planchets, each containing .7734 oz. of silver bullion. This issue was struck at the Nation's first mint, the Philadelphia branch of the U.S. Mint.

Lady Liberty Design

The designer of the series was an English engraver working for the U. S. Mint named George Morgan. He served as Chief Engraver of the Mint from 1917 until 1925 when he died. The obverse features the portrait of Liberty. The reverse of the coin features a heraldic bald eagle encircled by a laurel wreath. Above the eagle the motto "In God We Trust" appears in Gothic script.

Pedigreed and Brilliant MS65 example

The New York Bank Hoard made waves last year when the 16 sealed canvas bags from the U.S. Treasury were discovered in a New York bank vault. They had been purchased in 1964 by a Wall Street executive and stored, completely undisturbed since that time. MS65 coins will have full design details, no signs of circulation, above average strikes, and above average mint luster.