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V21 2018 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 21, Number 2, January 14, 2018, Article 26

ONLY KNOWN GSA HARD PACK 1893-CC MORGAN DOLLAR

The U.S. coin market continues to recognize the rarity and significance of slabs and other coin holders as part of the collecting universe. An article published January 9, 2018 by NGC highlights the only known 1893-CC Morgan Dollar in a GSA Hoard "hard pack." Here's an excerpt. -Editor

GSA Hard Pack 1893-CC Morgan Dollar obverse GSA Hard Pack 1893-CC Morgan Dollar reverse

Numismatic Guaranty Corporation (NGC) has graded the only 1893-CC Morgan Dollar known in a GSA Hoard "hard pack." The unique rarity was submitted to NGC at last week's 2018 Florida United Numismatists (FUN) show in Tampa, Florida.

"GSA Hoard" is the name for a cache of several million silver dollars that had been held in the vaults of the US Treasury Department and later sold by the General Services Administration (GSA) from 1972 to 1980. The vast majority of these coins were Morgan Dollars from the Carson City Mint, identified by the "CC" mintmark below the eagle. The most common of these were the 1882-CC, 1883-CC and 1884-CC.

Uncirculated silver dollars were sold by the GSA in hard plastic cases termed "hard packs" by collectors, while circulated examples, along with Uncirculated Eisenhower Dollars, were sold in flexible plastic holders called "soft packs" by collectors.

Coins pedigreed to the GSA Hoard are extremely popular among collectors, particularly when the coins are still encapsulated in the original GSA Hoard holders. NGC grades both the hard packs and soft packs while keeping the original holders intact. For hard packs, NGC wraps a distinctive blue band with the coin's description and grade around the holder. Soft packs are encapsulated in a flexible holder along with a label bearing the coin's description and grade.

NGC has graded more than 132,000 Morgan Dollars in GSA Hoard hard packs. None have been dated 1893-CC, making the coin submitted at FUN the sole 1893-CC GSA Hoard hard pack silver dollar ever certified by NGC. (Two 1893-CC silver dollars in soft packs have been certified by NGC.)

To read the complete article, see:
NGC Certifies Only 1893-CC Morgan Dollar in a GSA Hoard “Hard Pack” (https://www.ngccoin.com/news/article/6363/1893-cc-morgan-gsa-hard-pack/)



Wayne Homren, Editor

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