227577

1880-1885-CC Morgan Silver Dollar GSA 6-Coin Set Uncirculated

The Morgan Dollar is a vintage American coin minted from 1878 to 1904 and again in 1921. Today, they are seldom seen but are cherished by coin collectors and enthusiasts of American history alike. Hordes of Morgan Silver dollars were discovered in government vaults in the 1960s and sold through a major promotional campaign held by the General Services Administration (GSA) from the late 1960s through early 1980s. These so-called GSA Morgan dollars were packaged in hard plastic cases emblazoned with a special GSA logo.

Nearly 3 million Morgan dollars of various dates -- the vast majority from the Carson City Mint -- were sold in the GSA program. However, not all GSA Morgan dollars are equally common. For example, there were more than 600,000 examples for each the 1882-CC, 1883-CC, and 1884-CC Morgan dollars sold in the GSA program. Conversely, there were fewer than 4,000 examples of the 1890-CC and just over 5,600 of the 1891-CC.

There is certainly intrinsic numismatic value in the GSA-sold Morgan dollars regardless of whether or not they're still in original GSA plastic packaging. However, the GSA packaging has become increasingly desirable in the marketplace, and collectors and dealers are taking greater care to keep these coins in their original government packaging.

This set will contain one of each date from 1880 to 1885 all bearing the Carson City mint mark and are housed in their original packaging with certificates of authenticity.

About the Morgan Dollar:
The Morgan dollar is among the most historic U.S. coins ever minted. Named after the designer, U.S. Mint Assistant Engraver George T. Morgan, it was produced from 1878 to 1904 and in 1921. The obverse depicts Liberty as a youthful woman wearing a Phrygian cap, worn by emancipated slaves of ancient Rome, together with a headdress of cotton and wheat— staples of the U.S. economy. The reverse features a Bald Eagle with outstretched wings, symbolic of the power of the U.S. government. The eagle bears in its great talons both an olive branch and 3 arrows, representing a nation of peace but one that is poised for war. The dollar was authorized by the Bland-Allison Act of 1878, which required the Treasury to purchase an enormous 2 to 4 million dollars’ worth of silver each month to be coined into dollars. Later, in 1918, passage of the Pittman Act ultimately led to the melting of over 270 million Morgan dollars held in treasury reserves. Today, the choice few that remain are cherished specimens of a bygone era that serve to immortalize the memory of a young, prosperous, and powerful United States of America.


Product Details:
Type: Morgan Dollar (1878-1904, 1921)
Designer: George T. Morgan
Weight: 26.73 grams
Diameter: 38.1 mm
Composition: 0.900 silver and 0.100 copper
Net silver weight: 0.77344 oz pure silver
Obverse Design: Liberty with Phrygian Cap and headdress of cotton and wheat / 13 stars
Obverse Inscription: E PLURIBUS UNUM / LIBERTY / DATE
Reverse Design: Eagle with outstretched wings, bearing an olive branch and arrows in talons / Wreath
Reverse Inscription: UNITED STATES OF AMERICA / IN GOD WE TRUST / ONE DOLLAR
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