Wednesday, August 08, 2018

New York Bank Vault Hoard

Someone stored 16,000 Morgan silver dollars in a bank safe deposit box (picture in article) in 1964. They weren’t hidden or forgotten - rather, the hoard was inherited and passed on hand to hand for decades. Now the family is tired of paying for storage, so the silver dollars are coming to market. 

Based on silver content alone, these are worth nearly $190,000 (16,000 x $15/oz x 0.77344 oz.), but some are in mint condition and will be worth much more than the silver value.

Further Reading 
Gilkes, Paul. Hoard of 16,000 Morgan silver dollars to be graded, marketed. Coin World. June 8, 2018.

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