The term GSA Morgan Silver Dollar refers to 19th-century Morgan Silver Dollars found in US Treasury vaults in the 1960s and audited by the Government Services Administration. The GSA audited the coins to determine the date marks and mints represented in the stash. It was discovered that 95% of the $3 million in coins were from the Carson City Mint and spent decades in Treasury vaults. Right now, 1885-CC Morgan Silver Dollar Coins with full GSA packaging are available to purchase online from JM Bullion.
- Arrives inside of a hard plastic holder with a presentation box and a Certificate of Authenticity!
- 8th release and final consecutive issue from the Carson City Mint!
- Limited mintage of only 238,000 coins!
- Contains .77344 Troy oz of actual silver content.
- Bears a face value of $1 (USD) backed by the federal government.
- Lady Liberty is depicted on the obverse.
- Heraldic eagle on the reverse.
- Comes with a CC mint mark from the Carson City Mint.
- Please note that some packages may say UNCIRCULATED while others may not, but all coins are in the same condition.
Each 1885-CC Morgan Silver Dollar available in this product listing comes to you with the full complement of Government Services Administration packaging. When the GSA auctioned off the coins to the public in the 1970s and early 1980s, the coins were packaged inside of hard plastic holders with a presentation box and a Certificate of Authenticity available.
The 1885-CC Morgan Silver Dollar in this full, original GSA packaging is a unique find for any collector. First and foremost, 1885 had the lowest mintage among all date marks from the Carson City Mint. Some 62% of the original mintage of 238,000 coins actually wound up in US Treasury vaults, resulting in 148,300 being packaged in GSA holders in the 1970s for auction. However, most of the original buyers discarded the boxes and COAs when having the coins graded. That means that an 1885-CC Morgan Silver Dollar with this package represents just a fraction of the original coins released.
Lady Liberty is depicted on the obverse side of 1885-CC Morgan Silver Dollar Coins. The left-profile portrait of Liberty was inspired by Anna Willess Williams, a teacher and writer who sat through portrait sessions with George T. Morgan to serve as inspiration for the Liberty portrait.
The heraldic eagle of the United States is found on the reverse of 1885-CC Morgan Silver Dollars. Morgans version of the heraldic eagle lacks a US national shield, but still features a front-facing bald eagle clutching the arrows of war and the olive branch of peace.
1885 was the last year the Carson City Mint would strike Morgan Silver Dollars until 1889. This ended its consecutive streak for coining the silver dollars. The Carson City Mint suspended operations in 1886, 1887, and 1888, before returning to active coining in 1889. The Carson City Mint later closed for good in 1893 after releasing its final batch of Morgan Dollars.
If you have questions, please contact JM Bullion. You can call our team at 800-276-6508, chat with us live online, or simply send us an email.