I have several Carson City Silver Dollars and they are all encased like the in the picture link. The case says they are uncirculated and nothing else. Do they need to be graded ? Having a little trouble understanding all of this. Thanks http://home.comcast.net/~opus007/1880 CC Silver Dollar.jpg
Opus, the decision to get a coin graded is entirely up to you. The coin you linked is in a GSA holder that was sold by the mint many years ago. Some guys opt to crack 'em out and send them off to one of the TPG'ers. The grade (unc) was determined by a government employee (many years ago). Personally I'd leave it in the original holder as I feel that carries more value but many here would disagree with me....:smile
They don't necessarily need to be graded. They should all be uncirculated in those holders. I wouldn't recommend getting them graded unless they are really exceptional. The 1882's, 1883's, and 1884's are relatively common the rest of the dates range from somewhat rare to very scarce.
Thank You Green. I have several of them, all different years. I thought I had bought them from GSA but I really couldn't remember. They have been in one of the boxes for years. I think I will take your advise as I don't plan on selling them.
You may be correct about getting them from GSA. Frankly, I don't remember. What I do remember is my father (back in the early '70's ) sending in a bid for one of these coins.
Now it is coming back to me. I sent in bids and got 9 Coins. Probably paid to much too. LOL I'm a really bad coin collector. Most of my coins were bought for the beauty. Some because of opportunity. And sometimes because I just wanted to buy it. LOL
I agree, but will add that I believe NGC will grade them and leave them in the holder. Just thought I would mention that.
A really bad collector? I think not....:smile Lots of us folks (collectors) pick up stuff just because we like it or we think it's beautiful. It's really (in my opinion) the purest form of collecting.
The shame is that they have to be kept at a bank. I only take a few out at a time. Coins and other collectables become like Children. You have to protect them. And your family.
I was born in 1980 so I wasn't around when these GSA CC dollars were distributed. I've always wondered how much these were sold for then?
I was born in 1944. I started my first penny collection in 1957. My younger brothers sold them while I was away at college. I found 4 Coins while dismantling a very old bar in the late 60's or early 70's. I'm really not sure but I was hooked again. I really don't remember all the details but I had several Silver Dollars but no Carson City. I just wanted part of History. I remember I used my Christmas Bonus to buy them. Wish I could remember what I paid. LOL. I'm sure it was way to much.
well that pic of the 1880 cc has quite a nice premium, and wow how cool. I wish I could place a bid for some coins that are not modern from the US mint
Yeah it would be amazing for them to just all of a sudden find a bunch of bags long forgotten silver coinage today, like the GCA CC's, in a corner... in a vault in that corner... buried under bags of 1979 SBA's... under bags of year 2000 Sac's. Think layered under all of the junk. :stooge:
LOL. Well, that is kinda what happened. Lowered the value of CC Silver Dollars but value has recovered. Coin Collecting is SO STRANGE. LOL
At least you had the foresight to purchase them from the mint. You didn't pay too much, either. As an investment you've done pretty well. As far as buying what you like - why would you do it any other way? There are millions of coins our there - no need to spend money on something you're not passionate about. I'm in a barbershop quartet and one of our rules is that we do not sing a song if one of the four members doesn't like it. Many thousands of songs out there - no need to sing one you don't like. I know the investment aspect is of primary importance to some and more power to them. But, I regard this as a hobby and any profit my I or my heirs realize is just a bonus. Take a look at what your CC dollars were selling for in 1989-90 and compare it to the past couple of months. I haven't checked but I'll bet they are not that far apart. I'm sure someone will correct me if I'm wrong - I hope they do. Barberpolecat ("How'm I Doin' Hey Hey - twee, twee, twee, twa, twow")
Alot of times you can just leave it in the original holder, And the TPG can grade it, And attach there lableing to it