Carson city uncirculated silver dollar 1883

Comes in original box of issue with certificate. 

Please see photos.

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Carson city uncirculated silver dollar 1883

U.S. Mint

In Stock: 1

Ships within 2-3 business days of cleared payment.

Description

1883-CC US Morgan Silver Dollar $1 - GSA Holder

Uncirculated

This Carson City Morgan Uncirculated Silver Dollar comes with its complete original GSA Sale packaging - includes plastic holder, outer box and numbered Certificate of Authenticity

Photos are of the actual coin you will receive

RELEASE OF SILVER DOLLARS BY THE U.S. TREASURY: "THE GSA SALE"

The General Services Administration (GSA) was responsible for sorting and marketing the U. S. Treasury's hoard of silver dollars after the Treasury ceased issuing silver dollar coins in 1964. In a series of sales lasting from 1973 to 1980, this hoard of several million silver dollars, mostly Morgan Dollars minted at Carson City (CC), was dispersed via auction and fixed prices. 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Starting about 1958, however, the number of silver dollars being withdrawn from government vaults increased annually, reaching a fever pitch in 1963-64 following the discovery of previously scarce dates. Lines stretching for blocks formed around the Treasury Department headquarters in Washington, as speculators bought up silver certificates to redeem them for $1000 bags of "cartwheels." 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.

SPECIFICATIONS
AMW:0.7734
AMW UOM:troy oz
Certification:Uncertified
Composition:Silver
Denomination:$1
Designer:George T. Morgan
Diameter:38.1
Diameter UOM:mm
Edge Type:Reeded
Fineness:0.900
Metal Content:.900 silver, .100 copper
Mint Location:Carson City
Mint Mark:CC
Packaging:Original Government Packaging & Numbered Certificate of Authenticity
Weight:26.73
Weight UOM:gr
YearIssued:1883

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How much is the 1883 silver dollar worth?

1883 S Morgan Dollar Value According to the NGC Price Guide, as of November 2022, a Morgan Dollar from 1883 in circulated condition is worth between $34 and $550. However, on the open market 1883 S Silver Dollars in pristine, uncirculated condition sell for as much as $160000.

Where is the mint mark on a Carson City Silver Dollar?

Carson City dollars are designated by the “CC” mint mark located on the reverse at the 6 o'clock position directly above the D and O of Dollar.

How many Carson City Morgan dollars were minted?

The 1878-CC Morgan Dollar: These coins trade at slightly higher rates than some of the other years we've highlighted, thus far, even though a total of 2.2 million of these coins were produced.

What years did the Carson City Mint make Morgan silver dollars?

The Carson City, Nevada Mint produced both Gold & Silver coinage for 23 years only from 1870-1893.