Wells Fargo Hoard Question

Good question, I've no idea.

Same thing happened on many coins from "The Binion Hoard", too.

This. For most buying these, provenance is more important than grade. However, for some they could be a good cherry pick.

I agree ... no grade ...cheaper slabbing fee.

My guess if there were some better date and/or higher grade coins,
those might have been treated differently.

This is not the Wells Fargo Hoard, which was $20 Saint-Gaudens Double Eagles, 1908, with no motto. The only connection to Wells Fargo is the fact that they were found in a Wells Fargo bank branch.

These are called "Stagecoach Series" holders. APMEX is one notable seller. They are aimed at the mass market and have no connection to Wells Fargo nor are they part of a hoard. They were advertised in the late 2000s on home shopping network coin shows on TV.

Examples at APMEX: https://www.apmex.com/category/5219...coach-series

The Binion Hoard is an actual hoard and NGC was the grader. Binion Hoard coins were divided into two main tiers: Binion Collection and Binion Hoard. The higher-quality coins were graded individually, like regular Morgans, and given Binion Collection labels. The remainder (Morgans and non-Morgans) were given "Uncirculated" grades only, and featured Binion Collection, Binion Hoard, or similar labels. Some of the better Binion coins were able to hit MS66, and there are a few with * designations out there if you look long enough.

There were two types of holders used (early and late) -- the early holders feature the smaller, older NGC font and give the web address as "binioncollection" or "nevadasilvercollection", with half-length reverse holograms, while the newer ones use NGC's newer, bold type font and give the address as "binionsilverhoard" and use full-length reverse holograms. In both cases, the label had a green background, and the holders were all of the pre-EdgeView type.

There were several "special" Binion Hoard subsets created, as well: High quality graded examples were sold in "Prestige Sets" and you could get "Prestige Singles" for individual graded coins; they came with a snapcase, numbered to 715. They used the newer-style slab.

The lower-grade type coins were given "Uncirculated Type Set" labels and sold as sets, also through TV coin shopping shows and other venues. The Uncirculated Type Set coins were numbered to 2,500. Some other coins, such as Peace dollars, were packaged in individual black, white, and red snapcases and had designations like "Collectors Set" and "Collectors Single" (numbered to 350.)

There were also several two- and three-coin snapcase sets produced, and I've even seen a couple of five-coin snapcase sets.