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About: Bank of New York Hoard     Goto   Sponge   NotDistinct   Permalink

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The Bank of New York Hoard is the name given to identify a treasure trove of several thousand Fugio Cents that were discovered at the bank. Sometime in 1788, a keg of Fugio cents was acquired by the bank and stored in the basement. The coins were forgotten about until they were rediscovered in 1856, this time at the bank's current location. At that time the coins were placed in cotton bags and put away until a final rediscovery of the coins was made in 1926. The coins were then given out as souvenirs and keepsakes to clients until 1948 when the American Numismatic Society examined the remaining 1,641 coins. Several of the coins were donated to the society while others were sold to collectors. All of the coins found were in mint state condition, most with brown toning. The find was importan