GSA Morgan Question.

How often do you come across GSA morgans? They seem to be less and less frequent here where I am unless you know the proper people. I was wondering in perhaps the available supply is being purchased up by collectors to disappear for another 2 decades into collections. I also thinking of stocking away a few if this was the case. How much premium is there on the average CC coins?

 

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I just checked eBay quick, looks like there's around 300 in GSA cases up for sale right now. So there's still a lot of them out there. IMO I don't really think a GSA graded Morgan has any premium over a Morgan with the same grade that's not in a GSA holder.

 

Occassionally I will look through a collection for someone (especially if they have inherited it and don't know what they have) and let them know if they have anything really special or valuable. It's a good way to see more coins and hone my grading and counterfeit detection skills.

The other day I looked at part of a collection a woman had inherited from her father. Most of the coins were junk silver and so forth but she did have a 1908 St Gaudens (No Motto) in EF-45 and 8 GSAs. Most of the GSAs were MS-63 but a couple would probably go 64. I'm not sure what she plans to do with the coins but if she wants to sell I may make an offer on the Saint and the GSAs.

 

For the most part, these are VERY common (82-84s).

 

Hey folks, I've been searching for a answer to my GSA COA question and found this thread.
Hope you can help.

I know what COAs were issued with the GSAs and how to question when something doesn't look right or the COA does not belong with the GSA case/coin. But, how do you tell if the COA is authentic???? Someone told me the blue seal on the front of the COA should be encircled by a somewhat dotted line vs a solid blue line.

Can anyone help on this? I suspect the COAs can be easily copied on a color printer or scanner.

Thanks in advance,

Jim

 

Every year at the FUN Show here in Florida, there are thousands of GSA CC Morgans. As was already mentioned, the most common are the 1882-CC, 1883-CC & 1884-CC. The 1880-CC & 1881-CC are also readily available, but the 1880-CC Reverse of 78 is a little harder to find. The 1885-CC is a little scarcer but can be found with minimal work despite its mintage of 228,000. The one that I don't often see at FUN is the 1878-CC, but maybe that is because it has a reasonable pricetag and CC collectors are quick to snag them.

Chris

 

Most of the time people don't pay much to COA unless it's a rare CC. I believe COA have unique serial number on them, at least the COA that come with the boxed ones.

 

They do have a unique number and I believe it's the first two digits that are the last two of the date. So say the COA # is 8453356 then that would be a 1884 CC.

 

Sorry, Let Me Clarify

What about authenticating the actual COA (Certificate of Authenticity).

I've heard there are replicas of the COA that can be produced easy enough on a good color copier or scanner. Are there tell tale indicators on the COA such as on the blue seal that adorns the center of the paper....

thanks again

 

Personally I think people are buying the GSA morgans on how the coins look, not whether the COA is authentic or not.

 

I just attended a coin show this weekend and about every other vendor had CC Morgans in GSA holders -- hundreds of them. Prices seemed to be about par with those not in holders. However, I just can't get excited about them due to the terrible bag marks that are so common on them. I would rather have a nice AU without the marks.

 

Some GSA Carson City dollars came with notes which did not have serial numbers:

 

That's true, willie and I've always wondered why some would while others would not but then I remember it's the US Government in the 1970s and just laugh it off.

 

GSAs are available at every decent size coin show. The more common dates don't have much if any premium in the black holder. Certain dates, such as the 1878 CC, and a few others do trade for more in the government holder. Non-CC common date GSAs, tend to trade for a premium in the holder, over what the coin itself might be worth. As with most prices, recent online auction results can give a good idea of the range.

 

I don't have one of the number-less cards, Doug, nor do I have access to any.

Are you referring to the statement about having heavy scratches or tarnish that I see in willieboyd's post?

 

so, where mine says Uncirculated Carson City Silver Dollar those just say Carson City Silver Dollar?