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LOT 83052541  |  Catalogue: World Coins

United States. Morgan Dollar 1882-CC (Carson City), ex GSA Hoard in original holder UNCIRCULATED AND RARE!

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United States. Morgan Dollar 1882-CC (Carson City) , ex GSA Hoard in original holder UNCIRCULATED AND RARE! \r
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What is a GSA Morgan? \r
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GSA stands for "Government Services Administration" which was a US government program in the 1970s to distribute to the public a hoard of 3 million uncirculated coins, over 95% of which were Carson City coins. The GSA Hoard changed Morgan silver dollar collecting forever; many of the Carson City dates that were once considered extremely rare were now suddenly available on the open market. These coins were encapsulated in easy to recognize holders such as the one being offered here. \r
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Collectors and dealers hated the holders because they considered them to be too big and inconvenient for storage. This also coincided with the rise and popularity of coin grading and slabbing services such as PCGS. As such, the GSA coins were cracked out of their original GSA holders en mass, to the point where GSA coins in their original holders are quite rare and eagerly sought after by collectors today.

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Time, Location
25 Apr 2024
Belgium
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[ translate ]

United States. Morgan Dollar 1882-CC (Carson City) , ex GSA Hoard in original holder UNCIRCULATED AND RARE! \r
\r
What is a GSA Morgan? \r
\r
GSA stands for "Government Services Administration" which was a US government program in the 1970s to distribute to the public a hoard of 3 million uncirculated coins, over 95% of which were Carson City coins. The GSA Hoard changed Morgan silver dollar collecting forever; many of the Carson City dates that were once considered extremely rare were now suddenly available on the open market. These coins were encapsulated in easy to recognize holders such as the one being offered here. \r
\r
Collectors and dealers hated the holders because they considered them to be too big and inconvenient for storage. This also coincided with the rise and popularity of coin grading and slabbing services such as PCGS. As such, the GSA coins were cracked out of their original GSA holders en mass, to the point where GSA coins in their original holders are quite rare and eagerly sought after by collectors today.

[ translate ]
Estimate
Unlock
Time, Location
25 Apr 2024
Belgium
Auction House
Unlock