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Why purchase this New York Bank Hoard VAM-16 1889 Morgan Silver Dollar?
The Morgan Silver Dollar was produced by the U.S. Mint for a total of twenty-eight years beginning in 1878. The series is known to have many die varieties, which have been catalogued by Leroy Van Allen and A. George Mallis and identified with VAM numbers. This 1889 dated silver dollar is authenticated as a VAM-16, characterized by a doubled effect on Liberty's ear. Struck from 0.7734 Troy oz. of .900 fine silver at the Philadelphia Mint, the variety is included on Jeff Oxman's "Hot 50" Morgan Dollar list.
Patriotic Imagery by George T. Morgan
Featured on the obverse is Lady Liberty, facing left, wearing a Phrygian cap and a "LIBERTY" inscribed crown adorned with a garland of leaves and flowers. The portrait is surrounded by thirteen six-pointed stars, "E PLURIBUS UNUM" and "1889."
The reverse depicts an eagle holding an olive branch and three arrows with a laurel wreath below, "IN GOD WE TRUST ABOVE." The image is encircled by the inscriptions "UNITED STATES OF AMERICA" and "ONE DOLLAR."
Beautiful Mint State 64+
This VAM-16 variety 1889 Morgan Silver Dollar is graded by Numismatic Guaranty Corporation (NGC) to be Mint State 64+, which means that its condition ranks nearly MS65. The coin has been additionally authenticated as part of the New York Bank Hoard, a cache of 16,000 uncirculated Morgan Dollars held in a safe deposit box for more than fifty years.
Add this impressively graded 1889 VAM-16 Morgan Silver Dollar to your collection today!
|Year of Issue:||1889|
|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|