So, Morgan GSA plastic holders....

Discussion in 'US Coins Forum' started by KeviniswhoIam, Sep 17, 2022.

  1. KeviniswhoIam

    KeviniswhoIam Well-Known Member

    Just got a Morgan graded by NGC MS-65 in a GSA slab. I know that for years they've been "cracked out", bit I wonder if many collectors are now leaving them in as part of that coin's particular provenance? It's a common 1884-CC, but still, my first CC Morgan.
     
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  3. bradgator2

    bradgator2 Well-Known Member

    I think those slabs are a party of history and the coins should be left in there.
     
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  4. expat

    expat Remember you are unique, just like everyone else Supporter

    Each to their own, as it should be. Congrats on the grade. My opinion is the more that are cracked out and submitted, a large part of the historical record is erased. There is something special, even with an ordinary coin, about the box, the insert and the COA. Here is one of mine, 1883 CC, VAM 5
    DSC01332.jpg DSC01333.jpg 20220409_174558 (2).jpg 20220409_174706 (2).jpg
     
  5. Publius2

    Publius2 Well-Known Member

    I have several of the 1884-CC in the original boxes with COAs that I inherited from my father. They will never leave their original packaging as long as I hold them - for both nostalgic and numismatic reasons.
     
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  6. wxcoin

    wxcoin Getting no respect since I was a baby

    I have an 1884-CC in the original holder. I'm not sure if it would be worth the grading cost to get it graded in the holder. It looks MS63-64 to me.
     
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  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    I’d leave it as is and enjoy it.
     
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  8. GDJMSP

    GDJMSP Numismatist Moderator

    There was a time when the only way to get a GSA coin graded was to remove it from the original plastic holder and send it in to the TPG. Then they (the TPGs) switched it to sending it in in the original plastic, they're remove it and slab it, and label the slab as a GSA coin - but only if you requested it and paid for it. Between the two, huge numbers, I'd even say the vast majority, of the GSA coins in original plastic disappeared forever. Then they finally started putting grade labels on the original plastic.

    As a result, GSA coins in the original plastic are certainly not rare by any means but they are definitely far less common than they used to be. And many collectors find them more desirable in the original plastic. Others do not. It's a chocolate and vanilla thing like just about everything else.
     
  9. KeviniswhoIam

    KeviniswhoIam Well-Known Member

    Yep, just got back from the Hartford Coin Show.
    While you definitely don’t see all the coins on display, I saw 5 or 6 GSA holders, with 1 or 2 being graded in the case and stickered. A fair amount of raw Morgan’s which were almost certainly once GSA’d (1880-1884).
    I ended up with a nice green bean MS64 1915s Pan Pacific $1 piece and a San Francisco Old Mint $5 gold piece. I’ve been looking for one for awhile……I know, I know, it’s a mint commemorative, but I like the reverse, and they aren’t as common as they used to be! I couldn’t buy in 2006 asi was going through a divorce at the time (definitely don’t recommend it, btw!)
     
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  10. Long Beard

    Long Beard Well-Known Member

    I agree with bradgator. They tend to bring a nice premium graded in their orignal case. Or so I've witness the sales at some coin shows over the years.
     
  11. Mainebill

    Mainebill Bethany Danielle

    I’ve bought and sold quite a few. Graded or no. Have none in my own collection though as they’re usually blast white. Which isn’t my thing
     
  12. eddiespin

    eddiespin Fast Eddie

    It's part of the provenance, which goes right to the market grade. Why would anyone want to strip it of that?
     
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