Lincoln Highway Hoard - Coin Community Forum

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Author	Replies: 5 / Views: 8,460
shadowtrooper78 Pillar of the Community United States 1370 Posts	Posted 06/28/2012 12:25 pm One of the guys I buy coins from just picked up a few lincoln highway hoard morgans. All common date NGC MS 63 with the star designation. They all have some pretty amazing toning. I talked my dad in to buying one due to the monster rainbow toning. I'm considering picking up a few of these. My question is how much premium does the marketplace assign to a star designation Morgan combined that it is from the Lincoln Highway Hoard. Retail on a normal common date MS 63 morgan is around 65 bucks....Is there much premium with the star and the lincoln highway hoard? Report this Post to the Staff

CoinsKelly Pillar of the Community United States 3453 Posts	Posted 06/28/2012 1:13 pm What was the Lincoln Highway Hoard? Report this Post to the Staff
shadowtrooper78 Pillar of the Community United States 1370 Posts	Posted 06/28/2012 1:20 pm Lincoln Highway Hoard - This Hoard received its' name (pedigree) because of the proximity of the findings in a farmhouse in rural Pennsylvania near the Lincoln Highway. The hoard contained over 8,000 Morgan silver dollars, including many scarce dates and mintmarks secured directly from the release of the U.S. Treasury Hoard in the early 1960s. When the New York Mint of Minneapolis, MN, acquired the Hoard -- as is becoming popular with coin marketers -- they requested authenticating agencies to add the pedigree name to the label. Report this Post to the Staff
kookoox10 Pillar of the Community United States 1054 Posts	Posted 06/28/2012 1:23 pm Yes, it will sell for a premium, especially for a hoard coin with notariety. Generally a 30-50% premium over market value in some cases. Report this Post to the Staff
oih82w8 Pillar of the Community United States 7840 Posts	Posted 06/28/2012 1:57 pm Some do, some...don't. Example: New York Mint price (Lincoln Highway Hoard): $149.00 each. NGC website value: $99.60 Numismedia Fair Market Value for an "ordinary" 1888 MS64: $100. http://www.newyorkmint.com/item/187...ghway/232533 http://www.ngccoin.com/certlookup/C...=3323690-133 http://www.numismedia.com/cgi-bin/c...de2=pricesms IMO, this particular "hoard" does not pan out in an increase in value...it seems to decrease. Your mileage will vary. Then again, it may go for some astronomical amount for the uninformed buyer. Edited by oih82w8 06/28/2012 3:22 pm Report this Post to the Staff
dsfreeworld Pillar of the Community United States 4337 Posts	Posted 06/28/2012 3:16 pm i wish I had 8,000 Morgans with scarce dates and mintmarks... Report this Post to the Staff
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