Home US Coins Other US Coins 1887 Morgan Silver Dollar From The New York Bank Hoard NGC MS65 VAM-12A

1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS65 VAM-12A

1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS65 VAM-12A
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SKU58124
Price: $359.00
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Why add the 1887 Morgan Silver Dollar From the New York Bank Hoard NGC MS65 VAM-12A to your collection?

This New York Bank Hoard pedigreed 1887 Morgan Silver Dollar was graded at the coveted Mint State 65 (MS65) level by experts at 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. This issue was struck at the Philadelphia branch of the U.S. Mint.

Lady Liberty Design

The designer of the series was future Chief Engraver George Morgan. The obverse features the portrait of Liberty. The VAM-12A is characterized by doubling on the "Liberty" crown inscription, the "Gator Eye" doubling and a die clash over the second star to the right of the date in Liberty's hair. The reverse of the coin features a heraldic bald eagle encircled by a laurel wreath.

Pedigreed MS65 example with VAM Attribution

The New York Bank Hoard consisted of 16 sealed canvas bags from the U.S. Treasury that were discovered in a New York bank vault, stored completely undisturbed since 1964. MS65 coins will have full design details, no signs of circulation, above average strikes and above average mint luster. The VAM-12A is a Morgan Top 100 VAM and is popular with collectors everywhere.

Order your stunning New York Bank Hoard 1887 Morgan Silver Dollar that was graded at the exceptional MS65 level by NGC featuring the VAM-12A attribution from ModernCoinMart order today.


Year of Issue:1887
Mint:U.S. Mint
Branch:Philadelphia
Grading Service:NGC
Grade:MS65
Designation:VAM-12A
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