GSA Carson City Morgans Popular?

Discussion in 'Coin Chat' started by JBOCON, Jul 17, 2017.

  1. JBOCON

    JBOCON Well-Known Member

    I had always thought the GSA Carson City Morgans a very popular choice for collecting. I was very surprised to find only 11 sets of these coins in the PCGS set registry "Morgan Dollars GSA Hoard Basic Set, Circulation Strikes (1878-1891)". In the expanded set "Morgan Dollars GSA Hoard with Major Varieties, Circulation Strikes (1878-1891)" there is only three sets. While a do understand that not everyone who collects registers their set with PCGS set registry, these numbers seem very low compared to other sets. I would love to hear from others if you have an opinion as to why these numbers are so low.
     
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  3. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

  4. Cascade

    Cascade CAC Grader, Founding Member

    Yup. This is one area where the market prefers NGC over PCGS. Mainly due to how NGC ribbon grades them So they will fit back in the box as opposed to how PCGS uses a mega brick scuba slab to fully encapsulate it.
     
    C-B-D likes this.
  5. baseball21

    baseball21 Well-Known Member

    Plus the long period where PCGS would only grade them by removing them and slabbing them before they switched to the big slab
     
  6. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    Yep. Add me to that list. Absolutely hate their GSA slabs.

    Also speaking of GSAs it seems to me lately the demand has died down a bit but that may just be because I've personally shifted away from them once I finally found an 85 CC I loved. Have others noticed it's cooled off?
     
  7. Speedbump

    Speedbump Not a New Member

    Weren't some PCGS graded GSA Morgans pulled from the GSA cases and placed into typical PCGS slabs?
     
  8. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    Yep that's what baseball was mentioning above. The regular PCGS slab will read "GSA" on it for those they cracked.
     
  9. JBOCON

    JBOCON Well-Known Member

    So you all think demand for the GSA Morgans is still there if I read comments right.
     
  10. Cascade

    Cascade CAC Grader, Founding Member

    Of course. They're just in a stall pattern currently after years of premiums slowly inching up. Good time to buy imo. That said, stay away from the 82, 83, 84 years unless they are above ms65 or are PL/DMPL or are nicely toned
     
    JBOCON likes this.
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