What does GSA mean in coins?
Government Services Administration
To begin, GSA stands for Government Services Administration. It is the part of government that was tasked to make these coins available to the public. The GSA Hoard of Morgans was almost 3 million coins, with over 95% coming from the Carson City Mint!
What is a GSA Carson City Morgan dollar?
GSA Carson City Morgan Silver Dollars From 1878 until 1893, the United States Treasury minted Morgan Silver Dollars in Carson City, Nevada. These silver dollars usually were minted in lower numbers due to the other four mints producing Morgan Silver Dollars in larger quantities.
What is the rarest Carson City Morgan silver dollar?
1889‑CC
1889‑CC. Most collectors can only dream about the 1889‑CC Morgan dollar, rarest of the Carson City Mint Morgans. This 90% silver dollar is one of the most rare and desirable issues in the entire Morgan dollar series.
Why are Carson City coins so valuable?
Why Are Carson City Gold and Silver Coins Coveted? Today, collectors are often eager to buy gold and silver coins with the Carson City mintmark because of their collectible value—because the mine was only open for a short period, the coins minted there are in especially limited supply and high demand.
Are GSA Morgan dollars a Good Investment?
Invest in Only the Highest Grade Morgan Dollars They are pricey compared to MS-60 to MS-63, but their incredible rarity in the age of encapsulation make them a good investment.
What does GSA stand for?
U.S. General Services Administration
GSA U.S. General Services Administration.
What is a GSA silver dollar?
GSA dollars got their name from the General Services Administration (or GSA), which throughout the course of the 1970s sold these silver dollars, which had been leftover from a government hoard. These CC Morgan dollars are reliable sellers “raw” or slabbed, circulated or uncirculated.
How much is a Carson City uncirculated silver dollar worth?
USA Coin Book Estimated Value of 1884-CC Morgan Silver Dollar is Worth $120 in Average Condition and can be Worth $243 to $591 or more in Uncirculated (MS+) Mint Condition.
How much is a 1889 Carson City Morgan Dollar worth?
The 1889-CC Morgan dollar is not only far and away the rarest Carson City silver dollar, but also a key date for the entire Morgan dollar series….Circulated Grades.
| Very Fine 25 | Extremely Fine 45 | About Uncirculated 55 |
|---|---|---|
| $1,230 | $3,880 | $7,880 |
Does Carson City still mint coins?
The mint minted coins in 21 different years. The Carson City Mint was created in 1863 but was not put into operation until 1870. It ran until 1885, went on a hiatus, and resumed operations in 1889, after which it ran until 1893, when it closed permanently. It is now the Nevada State Museum, Carson City.