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 Replies: 18 / Views: 3,666 |
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Valued Member
United States
245 Posts |
I've been doing some research and the 1890CC GSA dollar seems like a great investment. Has anyone here ever bought one online...any ideas about where to find the 1890CC GSA dollar?
I saw one for about 3750 but it's not graded, thinking hard about it. I'm trying to complete the Carson City GSA set.
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Pillar of the Community
United States
7618 Posts |
I bought one at a coin show in Boise, ID in the early 1980's from the late Jim Beem. I think I paid 140$ for it as it was priced at Graysheet (or about the same price as a non-GSA coin). The true rarity of the 90 and 91 CC's in GSA plastic was not yet appreciated, nor understood. You should be able to find one at a major coin show (like Long Beach, Baltimore, FUN or one of the ANA shows). There are dealers that specialize in the GSA CC's and they do show up on ebay now and then, too. Be prepared to pay way over Graysheet "ask" to get one that is in the holder and has the original COA dated card. If you are putting a GSA set together the 90 and 91 are by and large THE tough ones to find in the original plastic. When they were released back in the 70's a lot of them were cracked out of the GSA holders and their provenence was lost. Good luck in your search! |
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Pillar of the Community
United States
711 Posts |
That will be a great set when you finish it. Here is a dealer buysheet for CC GSA dollars. Hope it helps.  Edited by BuckeyeCoinGuy
10/18/2015 8:08 pm
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Bedrock of the Community
United States
11951 Posts |
I have never seen a 90CC GSA in a coin shop. Pretty sure I have seen a couple at coin shows. A set would be very nice. But what would be a set. There are 13 CC Morgan dollars. Three years only had one coin in the GSA hoard. 1889 1892 1893 Those three would pretty much be impossible to find. Three others are harder to find 1879 1890 1891 The three most common are 1882 1883 1884 Fun fact - 84.6% of all 1884 CC minted were in the GSA hoard |
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Bedrock of the Community
United States
11951 Posts |
Just for fun ... more GSA information There are different groups for GSA dollars GSA CC uncirculated in box GSA CC in box GSA Morgan dollar in box GSA CC soft pack GSA Morgan dollar soft pack Box  Soft pack (blue envelope)   |
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Pillar of the Community
United States
711 Posts |
Interesting. I just did an ebay search and only found 5 or 6 in GSA, all $5000 or so give or take a thousand, more give than take really. Anyway, also found this one for $200. Looks like it is supposed to be GSA but isn't. May not even be a real coin. http://www.ebay.com/itm/1890-CARSON...AOSwd0BVyXBc |
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Valued Member
 United States
245 Posts |
I think the soft packs will have a high premium in the next decade too. I may pursue some soft pack CC after I build my hard pack set.
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Pillar of the Community
United States
4409 Posts |
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Pillar of the Community
United States
1748 Posts |
Be careful on the rare date plastic slab GSA CC's. Inspect the seam on the plastic of the slab VERY carefully. Dishonest folks have tried to "reslab" 1890-CC's to slabs from other dates to gain the "plastic premium".
I would recommend settling for a nice, original surface coin in a PCGS holder.
Edited by DoubleEagle20
10/19/2015 12:25 am
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Pillar of the Community
United States
1298 Posts |
Contact Southgate Coins in Reno, NV. Talk to Rusty Goe or Maya. Rusty is a wealth information on this topic. They can find you what you want. Might take awhile, but you will be happy with their selections. Click on the website below. http://www.southgatecoins.com |
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Pillar of the Community
United States
1911 Posts |
Interesting. Found an 1884 CC GSA at a Sunday market place, they wanted $210 for it but I passed. Was a beautiful Morgan dollar though. |
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Pillar of the Community
United States
1450 Posts |
If you are going to buy online for your type of coin I would buy only graded and slabbed coins. If I was going to spend $5000 on a coin ebay would worry me. What I find with ebay is the prices are retail plus. I want a 1916 LSQ and what I have seen on ebay is pretty awful and over priced. You got these dealers saying a coin with an illegible date is in VF condition. When I buy from ebay I always say to myself "never again" after having to chase down my refund for undelivered coin or coin misrepresented. |
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Valued Member
United States
245 Posts |
I just talked with Marie from Southgate coins and she told me they're going to try and locate me a lower end 90CC. The better ones can go 10-20k, I told her my ceiling is 5-6k. She thinks it's a great long term investment over a 20 year period.
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Pillar of the Community
United States
4469 Posts |
When I look at the GSA 1890 Morgan CC coins, I see a bubble. This GSA coin has more than doubled in price over the last 4 years, in the last couple of months it has started going down in price. The coin prices on most of the CC coins are over inflated when compared to population totals. I would have a concern that with the GSA coin that you are buying the package/slab and not the coin. If the CC bubble burst, the price inflated GSA coins will most likely will fall the hardest. In a GSA package you are going to get a MS61 or MS62 for 5K or 6K and the actual value of the coin in the package is about $600. I disagree with you dealer as it appears to be a poor investment at this time because the ship has already sailed.
If you are buying the GSA coins because you want to collect a GSA set, then have a great time collecting the set.
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Pillar of the Community
United States
7390 Posts |
Quote:
She thinks it's a great long term investment over a 20 year period. Not saying she's right or wrong but NEVER trust what the person selling you something says EVER! |
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Pillar of the Community
United States
4932 Posts |
My LCS got in a beautiful MS64 uncertified GSA the other day, in box w/ COA. Absolutely stunning.
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Replies: 18 / Views: 3,666 |
Posted 10/18/2015 6:56 pm
