Home Tags 1904-O Morgan Silver Dollar 1887 Morgan Silver Dollar From The New York Bank Hoard NGC MS63

1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS63

1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS63
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SKU56767
Price: $129.00
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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
Mint:U.S. Mint
Branch:Philadelphia
Grading Service:NGC
Grade:MS63
Variety:From the New York Bank Hoard
Composition:Silver
Purity:0.9
Weight in Grams:24.055 g
Weight in Ounces:0.7734 oz
Diameter:38.1 mm
Thickness:2.4 mm
Edge Type:Reeded
Country:United States
Legal Tender:United States
Currency:Dollar
Denomination:1
Mintage:20,290,000
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
Collecting Morgan Silver Dollars
Morgan Silver Dollars: The King of 19th Century Coins
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03/20/19
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5 star rating
03/20/19
1887 Morgan
Nice addition to my growing collection
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