Posts

THE CARSON CITY MORGAN SILVER DOLLAR.....

avatar of @silvertop
25
@silvertop
ยท
ยท
0 views
ยท
2 min read

American History, and investments, you can have both!๐Ÿ˜€ 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!

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.

This 1883 Carson City Silver Dollar is one of the more common dates from the first bid sale.....at $30.00๐Ÿ˜€ 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 course๐Ÿ˜‡

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!๐Ÿ˜‡

( GSA information all photo's by Silvertop)

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 guys๐Ÿ˜‡ MS-60 value... $239.00 MS-65 value... $579.00

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

Silvertop Mike๐Ÿ˜€

Posted Using LeoFinance Beta