Original Prices On GSA CC Morgans ?

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Author	Replies: 7 / Views: 1,439
Cali_Nick Valued Member United States 307 Posts	Posted 03/21/2011 8:12 pm So I'm working on cataloging my Grandpa's collection(now mine) and I'm wondering if anyone here remembers what they paid for an 1883 Carson City Morgan GSA. My Grandfather wrote down on all the boxes when he received them in the mail, which were all in 1980, but not the price he paid. If anyone remembers that would be great. -Nick Report this Post to the Staff

jokingjoker Pillar of the Community United States 2150 Posts	Posted 03/21/2011 10:03 pm I believe they were $30 Report this Post to the Staff
jokingjoker Pillar of the Community United States 2150 Posts	Posted 03/21/2011 10:10 pm Bryan had posted this previously: Report this Post to the Staff
jfransch Pillar of the Community United States 1801 Posts	Posted 03/21/2011 10:36 pm ctually that is not quite correct. The sale price in the initial offering in 1972 was $30 however by the time the sixth and final sale rolled around in 1980 the price of an 1883CC was up to $65. If your Grandfather bought his in 1980 he paid $65 Report this Post to the Staff
jokingjoker Pillar of the Community United States 2150 Posts	Posted 03/21/2011 11:08 pm Report this Post to the Staff
Cali_Nick Valued Member United States 307 Posts	Posted 03/21/2011 11:31 pm Ah thanks for the info. I believe my Grandpa was trying for an 1879, but kept getting 1883s and 1884s. Report this Post to the Staff
Russ789 Pillar of the Community United States 623 Posts	Posted 03/21/2011 11:52 pm $65 in 1980 is $175 today. ;-) Report this Post to the Staff
jfransch Pillar of the Community United States 1801 Posts	Posted 03/22/2011 01:00 am Hey Jokingjoker, no black eye for you at all. You were correct and had backup info, just for the wrong sale. Most collectors today don't realize there were actually 6 GSA sales before the government was able to unload the entire stash of silver dollars that were stored in the treasury. I only know because I am older than dirt and tried to buy an 1879CC in the 4th sale in 1974 (I was 2 years out of high school and had a job and actually had money to by coins) but I only bid the minimum $300 and struck out. Report this Post to the Staff
	Replies: 7 / Views: 1,439

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