The historic Carson City Morgan dollar is a valuable memento of an era in American history when pioneers were challenging the West. The silver in this dollar was mined from the rich Comstock Lode, discovered in the mountains near Carson City, Nevada.
The Carson City Mint was established there in 1870, and although it was in existence for a mere 24 years, it produced many coins which have endured as collectors' items, among them the 13 piece Morgan dollar series of 1878 to 1893. Their link with an historic period in our nation's history gives these dollars an added appeal.
A Brief History of the
GSA Carson City Morgan Dollars
The “CC” coin is a specimen of the Morgan dollar, containing ninety percent silver, which somehow survived the massive coin melts of the early 1900's. They were discovered by a Treasury audit in 1964, after nearly a century of obscurity in the vaults.
The auction of these coins by General Services Administration (thus the name GSA Morgans) of the last of the Government's holdings of ninety percent silver dollars will serve for millions of Americans as cherished mementos of our nation's history. Each coin came in a sealed hard plastic holder, with a black box and certificate of authenticity. Printed on the inside of each box is a note from the then President Richard Nixon, "As we approach America's Bicentennial, this historic silver dollar is one of the most valued reminders of our national heritage." The Carson City minted Morgans were were holdered by the GSA only in the following years, 1878, 1879, 1880, 1881, 1882, 1883, 1884, 1885, (one propertied 1889), 1890 and 1891.
The Certificate of Authenticity (COA) that comes with each coin, has some features that some collectors are unaware of. The GSA's that are sealed in "uncirculated" labeled holders, have a serial numbered card that begins with the year of that coin (example: 1882 CC starts with serial number 82XXXXXXXX). The holders not marked "uncirculated" come with an unserial numbered card. Understand this, that 99.99% of all the hard plastic holdered GSA coins, are uncirculated. The GSA employees were not professional Numismatists, and in their humble opinions if a coin was toned, it must not be uncirculated! But as we all know, that is untrue.
The unique part of the GSA sealed Morgan silver dollar, is that these are the only Morgans that are guaranteed 100% untouched – never dipped, or artificially recolored – PURE! They were taken directly out of U.S. Mint bags of 1,000 coins, and placed into these sealed holders then sold at auction to the highest bidders. How original a coin can you get? This is it!