Serving Collectors and Investors for Over 50 Years. During the GSA sales this coin was offered in a special category of "Mixed Carson City" Silver Dollars. This Carson City Morgan Silver Dollar comes with its complete original GSA Sale packaging - includes plastic holder, outer box and two (2) Information Cards.
Photos are of the actual coin you will receive RELEASE OF SILVER DOLLARS BY THE U. TREASURY: "THE GSA SALE" The General Services Administration (GSA) was responsible for sorting and marketing the U. Treasury's hoard of silver dollars after the Treasury ceased issuing silver dollar coins in 1964. Sealed in rigid plastic holders and boxed with a message from then President Richard M. Nixon, these silver dollars account for most of the mint state CC Morgans known today.
Veteran numismatists may remember the great rush on silver dollars that occurred during the early 1960s. For generations these coins had laid undisturbed in Treasury and Federal Reserve vaults, serving primarily as a backing for Silver Certificate notes.
In 1935, when Congress changed the written obligation appearing on Silver Certificates so that the notes could be redeemed "in silver" instead of in "silver dollars", production of silver dollar coins ceased. Only in the far western states were silver dollars used in daily commerce, and even collectors showed little interest in Morgan and Peace Dollars.
Starting about 1958, however, the number of silver dollars being withdrawn from government vaults increased annually, reaching a fever pitch in 1963-64 following the discovery of previously scarce dates. In March of 1964 the Treasury, after having discovered many bags of scarce CC silver dollars, stopped redeeming Silver Certificates with silver dollars, offering bars or granules in their place. After June 24, 1968 the redemption of silver certificates in silver ceased altogether, although the notes remain legal tender to this day. Original Government Packaging & Two (2) Information Cards.
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The'Stock Images' used in this Description are an indicator of the quality of the item you will receive. The actual item you will receive is guaranteed to be as described and depicted. When purchasing "Random Dates" products you can expect to receive dates and types of our choice, depending upon current stock on hand. Due to high volume it is impractical for us to select specific dates upon request. Liberty Coin attempts to display product images shown on the site as accurately as possible.However, we cannot guarantee that the color you see matches the product color, as the display of the color depends, in part, upon the monitor you are using. Prices and availability of products and services are subject to change without notice. Errors will be corrected where discovered, and Liberty Coin, LLC reserves the right to revoke any stated offer and to correct any errors, inaccuracies or omissions including after an order has been submitted and whether or not the order has been confirmed. Since 1965, Liberty Coin has offered an ever-expanding line of precious metal bullion, collectible coins and US Mint products. Whether you are an investor seeking asset diversification through precious metals, an experienced collector searching for a key date coin, or simply trying to find a vintage Proof Set as a gift, Liberty Coin's extensive inventory is available to meet your needs. Sign up to receive special insider notifications of deals, promotions, and new items! The item "1880-CC US Morgan Silver Dollar $1 GSA Holder Mixed Grade" is in sale since Thursday, September 17, 2020.
This item is in the category "Coins & Paper Money\Coins\ US\Dollars\Morgan (1878-1921)".coin" and is located in Huntington Beach, California.This item can be shipped to United States, Canada, United Kingdom, Denmark, Romania, Czech republic, Finland, Hungary, Malta, Australia, Greece, Portugal, Cyprus, Japan, China, Sweden, South Korea, Indonesia, Taiwan, Belgium, France, Hong Kong, Ireland, Netherlands, Poland, Spain, Germany, Austria, Bahamas, Israel, Mexico, New Zealand, Singapore, Switzerland, Norway, Saudi arabia, United arab emirates, Qatar, Kuwait, Bahrain, Malaysia, Brazil, Chile, Colombia, Barbados, Bermuda, Brunei darussalam, Ecuador, French guiana, Guernsey, Gibraltar, Iceland, Jersey, Liechtenstein, Luxembourg, Monaco, Macao, Martinique, Maldives, Oman, Peru, Paraguay, Uruguay, Costa rica, Panama, Jamaica.