1882 AMERICAN SILVER MORGAN DOLLAR CC GSA
$349.06
SILVER DOLLARS
Description
1882 American Silver Morgan Dollar CC GSA:
Design:
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Obverse: Features a left-facing profile of Lady Liberty, created by George T. Morgan. She is adorned with a Phrygian cap, symbolizing freedom, surrounded by “E PLURIBUS UNUM” with the date “1882” below and 13 stars for the original colonies.
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Reverse: Displays an eagle with wings spread, clutching an olive branch and arrows, symbolizing peace and defense readiness. Above the eagle is “IN GOD WE TRUST”. The coin’s denomination “ONE DOLLAR” and country “UNITED STATES OF AMERICA” encircle the eagle. The “CC” mint mark below the wreath indicates it was minted in Carson City, Nevada.
Specifications:
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Mint: Carson City Mint, denoted by the “CC” mint mark.
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Mintage: The 1882-CC Morgan Dollar had a mintage of 1,133,000, which is relatively low, contributing to its desirability among collectors.
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Material: Composed of 90% silver and 10% copper, weighing 26.73 grams, with a diameter of 38.1 mm.
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Condition: This coin is from the GSA (General Services Administration) hoard, typically in Brilliant Uncirculated (BU) condition. These coins were encapsulated in hard plastic holders by the GSA, often coming with a Certificate of Authenticity (COA).
Historical Context:
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The GSA Morgan Dollars are from a significant find in the U.S. Treasury in the 1960s, where millions of silver dollars, mainly from the Carson City Mint, were rediscovered. Sold by the GSA from 1972 to 1980, these coins were made available to the public, offering collectors a chance to own previously unseen, high-quality silver dollars.
Packaging:
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The coin comes in its original GSA hard plastic holder, which has become collectible in itself. Some might also include the original GSA box and accompanying documentation or COA, enhancing its collectibility and value.
Value:
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Due to its origin from the GSA hoard, the 1882-CC Morgan Dollar in uncirculated condition holds significant numismatic value beyond its silver content. The condition, GSA packaging, and the low mintage contribute to its appeal among collectors.
Investment and Collectibility:
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This coin represents not only a piece of American history but also a rare opportunity due to its origin from the GSA hoard. Its value can be influenced by the grade, but even in lower grades, it’s sought after for its historical significance and the unique GSA packaging. High-grade examples can command premium prices due to demand from collectors looking to complete sets or those interested in Carson City mint coins.
Note:
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Collectors should be aware of the condition of the coin, as the GSA packaging can range from pristine to showing signs of age or wear. The presence of the original documentation or box can also significantly affect its value.
This 1882-CC Morgan Silver Dollar from the GSA hoard is a tangible piece of U.S. coinage history, ideal for collectors interested in silver dollars from the late 19th century, particularly those with a connection to the Carson City Mint.
Additional information
| weight | 0.77344 oz |
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