The Great Southern Treasury Hoard of 13,000 Morgan Dollars

Published on October 19, 2021

Best un-edited videos about day trading etf, buy gold sell, precious metals online, and Are Numismatic Gold Coins a Good Investment, The Great Southern Treasury Hoard of 13,000 Morgan Dollars.

#MorganDollars #CoinCollecting #NGC

In October, CoinWeek travelled to NGC headquarters in Sarasota, Florida, to get a first look at the Great Southern Treasury Hoard of 13,000 New Orleans Mint Morgan dollars.

Coin dealer Jeff Garrett was instrumental in bringing this numismatic bonanza to the market, negotiating a deal with a family of hard money advocates to trade thirteen Mint sealed bags of Morgan dollars for approximately $1 million in gold bullion.

The family purchased the coins in the mid-1960s for an estimated cost of $1.30 per coin. That investment returned an estimated $76.92 per coin in 2019.

For coin collectors, the opportunity to acquire an original New Orleans Mint Morgan dollar straight from a U.S. Mint bag is one seldom encountered as it has been decades since the Treasury’s hoard of silver dollars has been distributed into the market.

In this video, we talk to NGC President Rick Montgomery and Jeff about the hoard and what insights that hoards like this offer collectors.

Watch the grading process unfold and get a first look at the NGC pop report for each of the dates in this find.

Are Numismatic Gold Coins a Good Investment

Are Numismatic Gold Coins a Good Investment, The Great Southern Treasury Hoard of 13,000 Morgan Dollars.

Purchasing Gold – Things To Consider Prior To Diving Into The Gold Market

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In truth I see gold increasing to over $5,000 an ounce before the gold booming market pertains to an end. These are generally priced to sell at a small (1-5%) markup over the bullion value. We are all worried about our economy, and even Mr.

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