NGS does certify GSA's in the original holders.They wrap a tamper proof hologram band around the bottom an one up and over the top.
I think he's explaning how NGC grade GSA morgans without removing from the holder. Makes sense. If I owned GSA morgan I wouldn't want it out of the box. But is the coin protected then? Like in an air-tite or slabs?
Since GSA holders, Air-Tites and slabs, all three, are not really airtight - the protection afforded the coin in one is just as good as the other. But in some cases coins in original GSA holders do sell for more. So if it were me - I'd leave them in the original holder.
Whats the meaning of COA# on GSA morgans? Is the coin legitimate if raw GSA morgans comes with the COA# and certificate? I've come across these on Ebay.
There are 3 different ways that the GSA ( General Services Administration ) packaged these coins. Type 1 This is the most common. (the stickers on the case are from the dealer not the GSA, ignore them) There is a black outer box that flips open from the end - the coin in a hard plastic case that says Carson City & Uncirculated Silver Dollar - and the COA card. Note the blue number on the top right of the card - the first 2 numbers, in this case 85, should be the same as the date of the coin. It is not unusual to find that the first two numbers on the card do not match the date of the coin. But when you do, it means that another card has been substituted for the real one. And if the blue number is not there on the card - then the card came from a different type or it is not genuine. Type 2 Look at the coin in the bottom of the picture - while the outer black box is the same, everything else is different. On the plastic case it says Carson City Silver Dollar. And the COA card does not have the blue serial number. The reason for this difference is because at the time the coins were being sold, the folks who sorted the coins separated them into Circulated & Uncirculated. The coins found in this type of package were thought to be circulated. Unfortunately the folks at the GSA who were sorting the coins knew next to nothing about coins. So it is not uncommon to find Uncirculated coins in this type of package. Type 3 This is the way that non CC silver dollars were packaged by the GSA. The coins were placed in a pliofilm sleeve with a plastic GSA token and in an outer blue envelope with a COA card enclosed. They are known as Blue Packs for this reason. In the Blue Packs you can find both circulated and uncirculated coins. There may be Morgan dollars, struck at a mint other than Carson City - or there may be Peace dollars in these packs. Coins packaged in any way, other than the three types illustrated above - are NOT in original GSA packaging. ( There are of course coins that have been slabbed and may have the GSA designation on the slab.)