Home US Coins 3-Coin Set - 1887-1889 Morgan Silver Dollar From The New York Bank Hoard NGC BU

3-Coin Set - 1887-1889 Morgan Silver Dollar From the New York Bank Hoard NGC BU

3-Coin Set - 1887-1889 Morgan Silver Dollar From the New York Bank Hoard NGC BU
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SKU54943
Price: $279.00
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Why purchase this New York Bank Hoard Morgan Silver Dollar set?

Introduced in 1878, the Morgan Silver Dollar was a product of the U.S. Mint for many years. While many of the silver dollars were heavily circulated, many have also been discovered in private collections and bank vaults, such as these three coins from the New York Bank Hoard. Stockpiled in a bank vault since 1964, the hoard included sixteen U.S. Treasury canvas bags, each containing 1,000 uncirculated Morgan Silver Dollars with the same date and Mint mark, representing eleven distinct issues of the series. Each of the three Morgan Dollars in this set, dated 1887-1889, were struck at the Philadelphia Mint from 0.7734 Troy oz. of .900 fine silver. The coins have been authenticated by Numismatic Guaranty Corporation (NGC) as part of the 16,000 silver dollar New York Bank Hoard.

Symbolic Designs by George T. Morgan

The female personification of Liberty is featured on the obverse, with thirteen stars and the date below. Additional inscriptions include "LIBERTY" and "E PLURIBUS UNUM." A heraldic eagle adorns the reverse, grasping an olive branch and arrows, representing peace and freedom. Inscribed "IN GOD WE TRUST," "ONE DOLLAR" and "UNITED STATES OF AMERICA."

Brilliant Uncirculated 3-Coin Set

Each Morgan Silver Dollar included in this set has been deemed to be in stunning Brilliant Uncirculated (BU) condition by NGC and encapsulated in a labeled holder certifying its pedigree.

This 1887-1889 Morgan Silver Dollar Set from the New York Bank Hoard will make an exciting addition to your collection!


Year of Issue:1887-1889
Mint:U.S. Mint
Branch:Philadelphia
Quantity:3-Coin Set
Grading Service:NGC
Grade:BU
Variety:From the New York Bank Hoard