NGC Certifies Impressive Hoard of New Orleans Mint Morgan Dollars 0

[Matt G]

The numismatic treasure trove boasts several beautifully toned Morgans. Read more

[thebeav]

I was hoping to see dates like 1889 through 1897.....Quite a hoard however......

[RWB]

The article says "Treasury bags" and not "New Orleans Mint bags," This implies the coins were re-bagged outside of the New Orleans Mint, probably sometime after 1904/10 when remaining New Orleans Mint dollar output was shipped to Washington.

PS: "Original mint bags" of the earlier dates would probably have been in 7-lb cotton duck canvas bags. Later issues (1902, etc.) and Treasury re-bagged coins were put in 9-lb cotton duck. (No, they did not seal bags with "Duck Tape," or cushion with "Goose Feathers" or "Horse Feathers.")

[Revenant]

4 hours ago, RWB said:

 (No, they did not seal bags with "Duck Tape," or cushion with "Goose Feathers" or "Horse Feathers.")

What a bunch of kill-joys those bums must have been.

[RWB]

3 hours ago, Revenant said:

What a bunch of kill-joys those bums must have been.

Yep --- all they did was ship all the dollar bags to Duck, North Carolina, where they were sealed by migrating porpoises.

[LINCOLNMAN]

Hope they didn't transport Ms. Liberty across state lines for immortal porpoises. 

[Conder101]

Well that would be better than immoral ones.

[DWLange]

It was 1929 when the last silver dollars remaining at the New Orleans Mint were finally shipped to the Treasury Building in DC. When the formerly rare dates 1898-O, 1899-O and 1903-O surfaced in quantity in the fall of 1962 it was from this later source. 1903-O had been the most expensive MS coin in the Morgan series prior to that time, but values for all three dates plummeted.