New Info on NY Morgan Hoard

https://coinweek.com/us-coins/coinweek-first-look-at-the-pops-of-the-new-york-morgan-dollar-hoard/

Titled- First look at the pops of the New York Morgan dollar hoard

My opinion in 3 words- Negative Market Stimulation

 

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16000 of the most common date Morgan dollars wont change the market at all. Literally just a drop in the bucket.

 

I think the MS67s are going to do something to the price

 

I just skimmed things but the only thing that stood out was the 1887 MS67s that came out. That may affect things it was a somewhat tougher coin in 67. I sold one about 4 months ago and looks like it was nice timing for me.

 

Cool.

 

Yeah, a 20% jump in pop for 1887 MS67 is significant.

 

Anybody ever see what happened to the prices, especially the MS67 pop ?

 

If there's still a lot of high grades in those bags, those definitely would sell higher than a typically circulated Morgan. None that would be thrown in a 25-30 dollar box intentionally.