USA. Morgan Dollar 1890-CC (Carson City) GSA Hoard, NGC Graded MS63
Nr. 90900233
This 1890-CC Morgan Dollar is a remarkable coin from the Carson City Mint, one of the most sought-after mints in U.S. history. It is part of the GSA Hoard, which is known for preserving coins in pristine condition.
What is a GSA Morgan?
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.
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.
This 1890-CC Morgan Dollar is a remarkable coin from the Carson City Mint, one of the most sought-after mints in U.S. history. It is part of the GSA Hoard, which is known for preserving coins in pristine condition.
What is a GSA Morgan?
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.
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.