Famous U.S. Coin Hoards

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Famous U.S. Hoards

Well-known hoards are exciting for collectors and the public, especially when they were amassed under remarkable conditions. During the 1990s, Littleton Coin purchased three unusual hoards.

New York Subway Hoard 

Called the New York Subway Hoard, this stash of elusive coins was amassed by George Shaw, a 1940s coin dealer. Located in New York City, Shaw had many sources for coins, including NYC Transit Authority workers. The subway took in many coins daily, and workers had access to thousands. After the hoard purchase in 1996, Littleton's coin buyers opened the vault and discovered Type I 1916 Standing Liberty quarters, 1916-D Mercury dimes, 1896-S Barber quarters, and that was just the beginning.

Vermont Yankee Hoard 

A. K. Miller and his wife Imogene lived a life of Yankee frugality in their home in East Orange, Vermont. Imogene fashioned raincoats from plastic bags, and A. K. rode a 1903 bicycle with patched tires.

But when they died, a fortune in cars, antiques, silver coins, and gold and silver ingots was discovered hidden in buildings and beneath the schoolhouse floor on the property. In the fall of 1996, Littleton purchased first-year Uncirculated 1878-S Morgans, seldom-seen $500 and $1000 Federal Reserve Notes, and the rare Miss Drury token. This became known as the Vermont Yankee Hoard.

Midwest Megahoard 

Near the end of 1998, Littleton bought the largest coin hoard ever. Dubbed the Midwest MegaHoard, it held 1.7 million Indian Head cents and Liberty and Buffalo nickels, weighed 7.6 tons, and would stretch 21.7 miles if the coins were placed side by side. This stash was hidden in the walls of a Midwest collector's house. Filling canvas sacks and 55-gallon drums, the coins in this hoard had been off the streets, out of circulation, since the 1950s & '60s. According to American Coin Treasures and Hoards by numismatist Q. David Bowers, the Midwest MegaHoard surpassed prior records by a long shot.

[image shows David Sundman with Megahoard Bags]

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My name is Sam Dube, and I work at Littleton Coin Company. We know a large number of people would like to learn more about collecting, but don't know... (more)
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