Silver Dollar Blog - 1882-CC GSA BU Silver Morgan Dollar

Sep 26, 2012

On Amazon you can purchase this 1882-CC GSA BU Silver Morgan Dollar gem! In original GSA holder, great investment!

Official Product Description:

Carson City Silver Dollars are some of the most sought after coins ever made. Own a piece of the GSA Hoard by purchasing this deluxe set of GSA Carson City Silver Dollars . This hoard was discovered in in the 1970s and was distributed by the US Government. Each coin comes in its original plastic holder as it was issued by the government. 

About the Morgan Carson City Dollars sold:

The GSA sold 3 million Morgan Carson City Dollars between 1972-1974 by mail order.

President Nixon signed the Bank Holding Company Act Amendments in December of 1970 this act authorized the GSA - General Services Administration the - to sell Morgan Dollars. With a little bit of funding from congress the GSA staff started inspecting, sorting and packaging the Carson City Morgan Dollars. 

It was an intense operation! At first they thought they could make the sorting process go smoother by using an automatic scanning machine. This machine would be able to scan the obverse and reverse sides of the coin to find out the date, mint mark etc. But this was rejected in fear the machine might add more scratches to the silver dollar plus it really couldn't inspect the small subtle grades like a real person. Can you imagine sorting by hand some 3 million coins! 

 Do you own any Morgan dollars minted in Carson City?



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