THE CARSON CITY MORGAN SILVER DOLLAR.....

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American History, and investments, you can have both!😀
Silvertop has always been a fan of the Morgan Silver Dollar, and then add on top of that a Silver Dollar minted from the Comstock Lode, and you have my attention!

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General Services Administration launched the first "bid sale" of Morgan C.C. Silver Dollars on October31, 1972
The Minimum bid was $30.00......

These Silver Dollars were discovered after almost a Century bagged in vaults.

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This 1883 Carson City Silver Dollar is one of the more common dates from the first bid sale.....at $30.00😀
They certified these as uncirculated, with possible bag marks.
Many Coin Dealers, "back in the day" warned people that because of the possibility of bag marks, many of these coins would not grade as Uncirculated.
Just my opinion, but I believe this was a ploy to get you to hold off and buy them from a reputable dealer at a higher cost of course😇

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Interesting that the Comstock's silver mines were rumored to have manipulated the mining share stock price on the San Francisco stock exchanges......
Rumors or assessments drove the price down, shares were bought cheep, and the later rumors of large Silver discoveries were circulated to drive the price back up......
Nothing new under the sun my friends, can we say Crypto!😇

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( GSA information all photo's by Silvertop)

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Just a bit of information on this coin....
1,204,000 was the original mintage of the 1883 C.C.
GSA hoard total for this year was 755,518

Melt value.... $21.87...Not going to happen guys😇
MS-60 value... $239.00
MS-65 value... $579.00

U.S. Silver History value.....Priceless!

Silvertop Mike😀

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14 comments
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That is an awesome coin @silvertop! I was one year and a day old on the first day of the bid sale so, you know, no money. :D
I agree with you that Morgan dollars are one of the nicest US coins ever made. Really cool my friend.

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One Year, and one day old @summertooth!!!
One of these would have made an awesome birthday present!😇
Hopefully we can get a Discord chat in sometime, I hope you are enjoying the new job!!😀

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Thanks @silvertop, the job is fine.

And now that I think of it one of these rounds would make an excellent 50th birthday present ;)

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Hmmm......50 Huh... I think that's older than dirt Lol!😇🤣
Very glad the job is working out my friend!!😀

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Gorgeous piece silvertop, and great info.
👊

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A piece of history for sure! NO MELT!!! NOOOOOooooo! hehe. Beautiful coin and thanks for the history lesson!

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I was surprised to find the melt value on the information page about this Morgan.
I'm sure back then many were melted… So sad😕

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I could live with a CC Morgan bag marks and all, I think make them more authentic anyway IMHO.

Awesome piece of Silver History @silvertop

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So very true @kerrislravenhill, I can't believe that my LCS back then was going to grade a bag marked "uncirculated Morgan" as circulated....

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i only have one CC and it is a bit battered, i hope to get another some day

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Even the battered Morgans are so nice @monsterjamgold....
My very first Morgan was in a large clear block of plastic. I bought this paper weight at a neighborhood yard sale for $1.00.
I chiseled the Morgan out with a hammer and screwdriver, I still have that same Silver Dollar to this day with one tiny little speck of plastic stuck in the corner. It actually came out without damage!🤗

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