The coin was discovered and submitted in the past month and is the first MS68 example to be graded of any date still housed inside its government issued GSA holder. It makes perfect sense that the only MS68 Carson City Morgan Dollar from the GSA hoard is an 1884-CC because it is the most common date of all CC mint-marked silver dollars. This makes the date very appealing to a broad audience of collectors, because it is the most affordable in gem condition.
Max Spiegel, vice president of sales and marketing for Certified Collectibles Group, an NGC affiliate, confirmed the coin is the first MS68 1884-CC to be certified by NGC and only the second to be certified for the date whether inside a GSA holder or not. This incredible superb gem should have considerable set’s appeal for anyone seeking to buy only the best. When I inquired about the coin, I discovered its offering price was approximately $150,000 and it already had a sale pending.
This offering only confirms the popularity of the GSA Carson City Silver Dollars and why I have loved the history and intrigue of this famous government hoard. When the hoard was released for sale by the Government Services Administration in 1974 it caused one of the biggest buzzes the coin market has ever seen. A buzz that is alive and well over 40 years later.
To see our current inventory of GSA Carson City go to the link provided here…enjoy the hunt!