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 Replies: 17 / Views: 1,861 |
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Pillar of the Community
United States
2365 Posts |
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Valued Member
 United States
260 Posts |
No it'a not like that.... what is GSA?
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Pillar Of The Community
3147 Posts |
I will give you some very good advice concerning that coin! DON'T TAKE IT OUT of that case. If it is a GSA Morgan as there are collectors all over the country paying a premium for GSA Morgans. If is is not a GSA you should make every effort to help us understand what your case looks like. Is is square or round. How much bigger than the coin is the case? What is the date and mint mark on the Morgan? Do you know the grade of the coin inside?
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Valued Member
United States
260 Posts |
The case is round about 1/2 or 1inch 1904 0 Morgan BU
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Bedrock of the Community
United States
14454 Posts |
quote:
Originally posted by coolg35748
No it'a not like that.... what is GSA?
GSA=General Services Administration, in the 70's a hoard of Cason City morgans were found and the US Government put them in cases like I showed above and sold them as per the authority of Richard Nixon. The GSA Morgans are very very HOT right now and people are giving hundreds of dollars over current value for the coins just because they are in the GSA case. One thing I love about NGC that I dont like about PCGS is that NGC leaves the coins in the GSA holder and just puts a label on the case its in while PCGS cracks them out of the case and just makes a note on the case that it was at one time a GSA Morgan |
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Pillar of the Community
United States
4589 Posts |
Actually they were not all CC but there were some other mints if I remeber correctly
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Bedrock of the Community
United States
14454 Posts |
you are absolutely correct, I think there was some New Orleans mints as well found, I am not sure of all of them that was found but I know there were them two found and encased in the GSA cases
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Pillar of the Community
United States
986 Posts |
It sounds like you might have the coin in an air-tite.
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Valued Member
United States
260 Posts |
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Moderator
 United States
23522 Posts |
There's a very little bit of overlap on one edge or the other. You need to get a fingernail under that overlap and pry it open - one side is the top, and it's thinner than the other.
Edit: I've seen them where the top is a disc that fits entirely inside the other half. They're a bear to open - you have to kind of warp it to get the top out.
Edited by SsuperDdave
05/23/2006 3:03 pm
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Valued Member
United States
260 Posts |
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Forum Mom
United States
5877 Posts |
I usually use a razor blade to get under the lip and that works well. You obviously have to be very careful though.
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Forum Kid
Kuwait
1523 Posts |
Could we, see pictures, it could help!
thanks!
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Valued Member
United States
411 Posts |
quote:
GSA=General Services Administration, in the 70's a hoard of Cason City morgans were found and the US Government put them in cases like I showed above and sold them as per the authority of Richard Nixon.
I thought only Congress had authority over the coinage. I read about the Treasury paying out about a gazillion silver dollars in the 60s. Is that related to this? |
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Bedrock of the Community
United States
12437 Posts |
quote:
Originally posted by Stephen420
I thought only Congress had authority over the coinage. I read about the Treasury paying out about a gazillion silver dollars in the 60s. Is that related to this?
Congress has the authority to create new coinage. Most of the old silver dollar hoards were payed out at banks as you have correctly said. At some point, a large cache of CC and some others (most of the issues saw little release when minted) were found in a Treasury vault. It was decided that the Treasury could sell these at a profit rather than release them to banks. The GSA cataloged and encased the coins in the black GSA holders for sale and the rest is history. Today, GSA Morgans command a premium over raw coins that I wish I could afford  |
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Posted 05/20/2006 12:17 pm
