GSA Vs. Non GSA CC Morgan Dollar Question.

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Author	Replies: 4 / Views: 2,171
MontCollector Pillar of the Community United States 2403 Posts	Posted 03/28/2016 02:41 am While I was doing my research on GSA CC Morgan dollar Prices I noticed that there was a difference in pricing on graded ones. By this I mean some price guides showed Graded GSA Dollars being worth more than ones of the same grade that aren't from the GSA hoard, while others don't separate the prices. Are the GSA Coins more desirable? If so why? Aren't there more of those than Non GSA's? Sorry if this is a dumb question. Report this Post to the Staff

BH1964 Bedrock of the Community United States 10982 Posts	Posted 03/28/2016 08:37 am If the GSA Morgans are not in their original GSA holder then there should not be a premium. i.e. "GSA" pedigree called out on the TPG slab label. GSA Morgans in their original GSA holders do carry a premium that varies by date and collector's desires. ANA #R3154474 Report this Post to the Staff
kanga Pillar of the Community United States 5825 Posts	Posted 03/28/2016 09:07 am It's like so many coins; it depends upon how they are labeled. Why is an Early Release ASE worth more than other ASE's? Why is a coin once owned by [famous name] worth more than a regular coin? Collectors think it's important. Wait until they try to cash in on that "label" and find dealers won't pay any premium. (But watch what happens when that dealer resells the coin.) All other things being equal an MS-63 is still MS-63 no matter how labeled. Report this Post to the Staff
Cascade Pillar of the Community United States 7390 Posts	Posted 03/28/2016 12:02 pm The gsa sales were a seminal event in Morgan dollar history which attracted a new collector base and created the modern Morgan dollar market. It was historic and has come to be cherished by morgan enthusiasts. Plus, a great deal of gsa coins were cracked our before the community realized their significance so today gsa holdered coins enjoy a premium that will most likely only gain in time. Get em while you can, if you can Report this Post to the Staff
johntookit Pillar of the Community United States 589 Posts	Posted 03/28/2016 1:45 pm I agree with everyone's comments above. Quote: Collectors think it's important. Wait until they try to cash in on that "label" and find dealers won't pay any premium. (But watch what happens when that dealer resells the coin.) We have choice today unlike 20 years ago when it comes to selling our collection. With ebay, Great Collection auction, and other coin community site, we don't have to sell it to a local coin shop. We can get top dollars from large pool of buyers and not be forced to accept the low offers from LCS. Report this Post to the Staff
	Replies: 4 / Views: 2,171

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