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Why add the 1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS63 to your collection?
A team of Numismatic Guaranty Corporation (NGC) grading experts found this 1887 Morgan Silver Dollar to be in the Mint State 63 (MS63) collector grade. It is also part of the prestigious New York Bank Hoard and features a label with that pedigree. The coin was struck at the Philadelphia Branch of the U.S. Mint which was established in 1792 as the first American minting facility. The series was struck on 90% silver, 10% copper planchets which all contain .7734 oz. of silver.
The most collected dollar in American coinage
This iconic design, which became known as the Morgan Dollar and was named for designer George T. Morgan, features the profile of Liberty wearing a coronet on which her name is inscribed. The coin's reverse design features a laurel wreath that encircles a bald eagle clutching arrows and an olive branch.
MS63, Choice Uncirculated example with NY Bank Hoard Pedigree
The legendary New York Bank Hoard consisted of 16 canvas bags of Morgan Dollars that were secreted away by a Wall Street business man in 1964. These sealed U.S. Treasury bags sat in a Manhattan bank vault for over 50 years. MS63 or "Choice Uncirculated" coins are examples featuring mint luster, an average strike quality, eye appeal, and some contact marks.
Order your popular and beautiful New York Bank Hoard 1887 Morgan Silver Dollar graded at the solidly collectible MS63 level by NGC experts from ModernCoinMart today.
|Year of Issue:||1887|
|Variety:||From the New York Bank Hoard|
|Weight in Grams:||24.055 g|
|Weight in Ounces:||0.7734 oz|
|Legal Tender:||United States|
|Obverse Design:||Liberty facing left flanked by stars|
|Reverse Design:||Eagle clasping arrows and olive branch within half wreath|
|Reverse Designer/Engraver:||George T. Morgan|
|Obverse Designer/Engraver:||George T. Morgan|
The Morgan Silver Dollar, the king of 19th century U.S. coins, has all but dominated the numismatic hobby and coin market within the United States since the 1960s. Learn various approaches to build your Morgan collection!
Morgan Silver Dollars are the most-collected U.S. coin. Find out more about this American classic and add some to your collection from ModernCoinMart!