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<p>[QUOTE="cpm9ball, post: 1669459, member: 24633"]Prior to 1960, the Treasury held in their vaults some 150 million Morgan dollars. In the 60's, they began selling $1,000 bags at face value. Most of these were common dates, and some dates like the 1898-O, 1901-O & 1903-O, were previously considered rare until many more bags were discovered from these sales. The Treasury withheld the sale of the Carson City Morgans until the 70's when they began accepting bids for them (rather than sell them at face value.) Most of these coins were encased in government plastic by the General Services Administration, hence the nickname GSA Morgan (and Peace) Dollars. There are two types of GSA cases that were used for the CC Morgans. One has "Brilliant Uncirculated" on it, and one has "Uncirculated" on it. Any coins that had any type of toning on them could not be placed in the BU capsule. Although some non-CC GSA Morgans do exist, they are not nearly as common.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 1669459, member: 24633"]Prior to 1960, the Treasury held in their vaults some 150 million Morgan dollars. In the 60's, they began selling $1,000 bags at face value. Most of these were common dates, and some dates like the 1898-O, 1901-O & 1903-O, were previously considered rare until many more bags were discovered from these sales. The Treasury withheld the sale of the Carson City Morgans until the 70's when they began accepting bids for them (rather than sell them at face value.) Most of these coins were encased in government plastic by the General Services Administration, hence the nickname GSA Morgan (and Peace) Dollars. There are two types of GSA cases that were used for the CC Morgans. One has "Brilliant Uncirculated" on it, and one has "Uncirculated" on it. Any coins that had any type of toning on them could not be placed in the BU capsule. Although some non-CC GSA Morgans do exist, they are not nearly as common. Chris[/QUOTE]
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