NGC Slabs 16,000 Morgan Silver Dollar Hoard Found In New York City Bank Vault

Numismatic News - A hoard of 16,000 pristine Morgan silver dollars stored in a New York City bank vault since 1964 have been graded by the Numismatic Guaranty Corporation. That fact alone is amazing.



But even more compelling is the fact collectors will soon have an opportunity to buy these silver dollars from major retailers.

"Every collector dreams about having the opportunity to examine unsearched and fully original bags of vintage coins," said Mark Salzberg, NGC chairman and Grading Finalizer.

"This was an incredible thrill for me," he added.

The hoard dates back to the U.S. Treasury release 54 years ago.

Sixteen bags of the coins went from the Treasury to a New York bank in 1964.

The unnamed heir to the coins called in Jeff Garrett, president of Mid-American Rare Coin Galleries and former president of the American Numismatic Association.

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