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Message:: [QUOTE="raider34, post: 907276, member: 16402"]There were 7 GSA sales, the first 5 sales were through mail bid. The way it worked was a minimum bid was set by the GSA, and people mailed in their bids. If the coins sold out the highest bids would get the coins, if they didn't sell out the coins would be sold for the minimum bid established by the GSA. The first sales were for the uncirculated '82, '83 and '84 CCs, the coins didn't sell out and they were sold for the minimum bid of $30. The second sales consisted of '78, '82-'84, '90, '91 CCs, and the mixed CC, mixed uncirculated, and mixed circulated. Some of the average prices as reported in the VAM book were $16 for the '78-CC, $58 for the '90-CC, $53 for the '91-CC, and $5.50 for the mixed uncirculated. The third sale was for the '80-CC, '81-CC and '85-CC, they didn't sell out and were sold for the $60 minimum bid. The fourth sale was for the '79-CC the minimum bid was $300, but they sold out, the average price was $478. The fifth sale re-offered previously unsold coins, only the '82-CC sold out. The final two sales had set prices of $65 for the '83-CC, $60 for the '84-CC and $45 for the mixed CC coins.[/QUOTE]