MORGAN SILVER DOLLAR – NGC CERTIFIED & GRADED MS 63. Morgan Silver Dollar has been certified and graded MS 63 by NGC (Numismatic Guaranty Corp) and has a CAC sticker. The coin is bright and well struck. This coin was part of the U. Mint’s GSA Hoard and is in its original government issued plastic holder, which NGC has sealed with its original certification tape. It comes in its original box and card. According to the Internet. After the program was terminated in 1964, the government had a large supply of original mint sealed bags of silver dollars. The hoard was dubbed the GSA (Government Services Administration) Hoard; they were named this because this was the branch of the government that was in charge of the dispersal of these coins. The hoard included over 3 million coins, most of which were minted in Carson City, Nevada. Until the discovery of this hoard, CC dollars were thought to be relatively scarce in high grade. The hoard consisted of mostly CC dollars but approximately 125,000 coins were discovered to be from other mints. These coins ranged in condition from heavily circulated to uncirculated. The GSA hoard contained up to 84% of the entire mintage of some CC dollars. As of the last sale date in 1974, the US government still had about one million CC coins left. The coins lay dormant for several years until in 1979 the president signed legislation to authorize the sale of the remaining coins at a set price. Originally, the 1980 sale limited the amount of coins per customer to 500 pieces. However, just thirteen days before the sale began the number was dropped to thirty-five coins per customer. The sale ended in July of 1980 after a hectic few months. This Key Date 1885-CC GSA Morgan Silver Dollar, with CAC sticker, had a mintage of only 228,000. It will make a great addition to your coin collection, or for a coin dealer’s inventory. Shop with confidence, we give a 30-day return privilege. Tab, under my pictures, you will see that I have listed. If you would like. Please let me know, and I will add it to your invoice. June 2018 Supreme Court decision. For lots of other coins, medals and tokens available.
