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    1883 CC Morgan Dollar in original GSA Holder NGC 63

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    1 week ago by luxin

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    S$450

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    6 Likes

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    Carson City Morgan Dollars are some of the most desirable coins for American coin collectors. With extremely low mintages these coins often fetch extremely high premiums. In the mid 1960's, the government was winding down the exchange of silver certificates for silver dollars. After the program was terminated in 1964, the government had a large supply of original mint sealed bags of silver dollars. The hoard was dubbed the GSA (Government Services Administration) Hoard; they were named this because this was the branch of the government that was in charge of the dispersal of these coins. Many of the coins were cracked out of their original holders by coin dealers because they considered them too bulky to transport between coin shows. This greatly reduced the surviving amount of coins in original GSA hard packs. This hardpack has been graded by NGC to be Mintstate 63 a very remarkable grade for a coin 135 years old

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