What is a GSA Morgan Silver Dollar? (2024)

What is a GSA Morgan Silver Dollar?

Posted by Toby Adkins, Numismatic Scholar for International Currency on Mar 28th 2017

What is a GSA Morgan?


To begin, GSA stands for Government Services Administration. It is the part of government that was tasked to make these coins available to the public. The GSA Hoard of Morgans was almost 3 million coins, with over 95% coming from the Carson City Mint! In short, the hoard literally changed Morgan silver dollar collections forever. Several of the Carson City dates that were once considered extremely rare were suddenly there for the taking. Through a series of Government auctions in the 1970's and early 80's, the coins were made available to the public. They were encapsulated in easy to recognize holders (like the one shown) but some collectors considered them to be too clunky.

What is a GSA Morgan Silver Dollar? (1)

Here is a list of the Carson City Morgans from the GSA Hoard:

DATENUMBER in HOARD
1878-CC 61,000
1879-CC 4,100
1880-CC131,500
1881-CC147,500
1882-CC605,000
1883-CC755,000
1884-CC962,000
1885-CC148,300
1890-CC 3,950
1891-CC 5,700

GSA Holders Matter


As the coins came out, the GSA Morgans would soon hit the shelves of coin dealers and collectors were happy to buy! At first, the holders themselves were not a big hit. They took up a lot of room and were heavy. Collectors and dealers figured the holders didn't matter, you're buying the coin not the holder, right? When Professional Coin Grading Service and Numismatic Guaranty Corporation came along, even more coins were broken from their holders to be certified. The certified coins plainly notate the Morgans were from the GSA Hoard but soon the original GSA holders would be a part of the story.

What is a GSA Morgan Silver Dollar? (2)

The Evolution


Coin collectors are like all collectors, we like the fine details that separate our coins from others. Soon, with the "mass destruction" of the original GSA holders, collectors started seeking the original packaging. It was a big enough search that PCGS and NGC even responded in how they certified the GSA Morgan dollars. They no longer removed them from the original holders and instead would band the holder with the grade and certification. So far, this seems to be the perfect balance most collectors were looking for. Regardless of how they are packaged, GSA Morgan silver dollars are widely loved by collectors and offered a whole generation a way to have coins most people thought they would neverown!

What is a GSA Morgan Silver Dollar? (3)

What is a GSA Morgan Silver Dollar? (2024)

FAQs

What does GSA mean on a Morgan dollar? ›

To begin, GSA stands for Government Services Administration. It is the part of government that was tasked to make these coins available to the public. The GSA Hoard of Morgans was almost 3 million coins, with over 95% coming from the Carson City Mint!

What is GSA on silver? ›

The United States Government commissioned the General Services Administration (GSA) to sort and prepare an incredible government stockpile of GSA Morgan Silver Dollars for sale to the public. This hoard of coins, housed in original GSA holders, were released by the U.S. Government in 1973.

What was the original price of a GSA Morgan? ›

The minimum bid was $30.00. The first GSA sale resulted in a liquidation of 700,000 coins. Additional sales were held in 1973 and 1974. At the conclusion of the sale ending on June 30, 1974, there remained one million unsold silver dollars in government vaults.

What is a GSA coin holder? ›

In a series of sales lasting from 1973 to 1980, this hoard of several million silver dollars, mostly Morgan Dollars minted at Carson City, was dispersed via auction and fixed prices in plastic holders with a black insert—today known as GSA holders.

Who can buy on GSA? ›

Who can buy from Schedule?
  • Federal agencies (military and civilian),
  • Mixed ownership government corporations as identified in 31 U.S.C. ...
  • District of Columbia,

What is gsa advantage? ›

GSA Advantage! is an online shopping and ordering system providing access to thousands of contractors and millions of products and services. GSA eLibrary provides detailed contract award information for Schedules, technology contracts, and more.

What are the meanings of GSA? ›

GSA U.S. General Services Administration.

Does GSA still exist? ›

GSA conducts its business activities through 11 offices (known as GSA Regions) throughout the United States. These regional offices are located in Atlanta, Boston, Chicago, Denver, Fort Worth, Kansas City (Missouri), New York City, Philadelphia, San Francisco, Seattle (Auburn), and Washington, D.C.

What does GSA listed mean? ›

GSA Approval is a status used to describe organizations that have been approved to sell to the United States Government through the U.S. General Services Administration (GSA).

What is the value of gsa dollars? ›

Gsa Morgan Dollars Price Guide
GSA Morgan DollarsFMV MS61FMV MS62
1880 CC Prooflike$900$960
1880 CC Deep Mirror Prooflike$990$1,140
1880 CC Rev '78$1,120$1,300
1880 CC Rev '78 VAM-4$1,140$1,320
46 more rows

What is the rarest Morgan? ›

The 1893-S Morgan dollar coin was made at the San Francisco Mint. This is the rarest of all Morgan dollars, as only 100,000 were produced in the California facility that year. Consequently, this coin has the highest number of forgeries.

Why is the 1895 Morgan Silver Dollar so rare? ›

Why is the 1895 Morgan silver dollar so rare? Only 12,000 1895 Morgan silver dollars were minted, making it one of the rarest coins in the Morgan series. No coins were produced for circulation that year, and it is believed that most of the coins were melted down.

How do I sell on GSA? ›

Research the federal market, report sales, and upload contract information.
...
Finding Business Opportunities with SAM.gov
  1. Find available opportunities with the government relevant to their business.
  2. Make necessary preparations for bidding on a GSA contract.
  3. Submit an offer.

How does a GSA work? ›

GSA provides workplaces by constructing, managing, and preserving government buildings and by leasing and managing commercial real estate. GSA's acquisition solutions offer private sector professional services, equipment, supplies, and IT to government organizations and the military.

Why are Carson City Morgans so expensive? ›

Almost all CC Morgan Dollars are more scarce than their counterparts produced at other mints, and therefore do carry a premium compared to coins produced elsewhere in higher numbers.

Can states buy from GSA? ›

Based on various authorities, GSA is able to support the procurement needs of eligible state, local, territorial, and tribal governments, including instrumentalities as well as other eligible non-Federal entities.

Can states buy off GSA? ›

Under the PHE program, non-federal entities are authorized to buy from all GSA Schedules when spending federal grants funds in direct response to PHEs.

Is GSA Auctions legit? ›

GSAAuctions is a Federal Government website, and therefore does not operate for profit. GSAAuctions returns all proceeds (beyond the cost of sale) to Federal Agencies and the Treasury.

What are the different types of GSA? ›

We break this down into three types of GSA clubs: Support, Social, and Activist. Most GSAs are a combination of all three.

What is GSA payment? ›

The GSA SmartPay Program is the world's largest commercial payment solution program, providing services to more than 560 Federal agencies, organizations and Native American tribal governments.

What does GSA mean in dating? ›

Genetic sexual attraction - Wikipedia.

What is a 5 year GSA contract? ›

It is the Most Versatile Government Contract Around

GSA Contract start with a five-year term and have three five-year option periods. So it is potentially a 20-year contract with the world's largest client. A GSA contract is also a government-wide contract, which means you can sell to any Federal agency.

Are GSA contracts worth it? ›

Getting a GSA contract is one of the most plausible ways to open your doors to vast opportunities in the government. This certification proves the quality of their offers, delivery, and overall services. As a result, businesses can take on multiple deals in both government and private sectors through GSA contracts.

When did GSA become a thing? ›

GSA was established by President Harry Truman on July 1, 1949 to streamline the administrative work of the Federal Government.

What is my GSA number? ›

You may have gone into the office of a federal agency to try to sell your products or services to them, and the first thing they asked you was, "Do you have a GSA number?" A GSA number is a MAS Schedule (Multiple Award Schedule) contract number, that your company receives when it is awarded a GSA MAS Schedule Contract.

What is a GSA buy? ›

As the federal government's purchasing agent, GSA connects federal purchasers with the most cost-effective and high-quality commercial products and services. Find out how to purchase the products and services you need from thousands of commercial vendors, or learn how to sell products to federal agencies and employees.

What does GSA mean trump? ›

Since 1963, the U.S. General Services Administration (GSA) has held a prominent role in the peaceful transition of authority between the incoming and outgoing Administrations in accordance with the Presidential Transition Act of 1963, as amended.

How do I get a GSA card? ›

How Contractors Obtain a GSA Access Card
  1. Complete the CIW and Submit it to the GSA POC. ...
  2. Schedule an Enrollment Appointment. ...
  3. Complete the e-QIP Online Application. ...
  4. Sign the e-QIP Signature Forms and Submit to OPM. ...
  5. Pick Up and Activate Your GSA Access Card at the Enrollment Center. ...
  6. Maintain Your Card.

Does the US government still mint silver dollars? ›

Numismatic silver dollars are prized by collectors as part of our beloved American Eagle Coin Program. The brilliant and visually stunning coins feature sculptor Adolph A. Weinman's Walking Liberty design. The United States Mint also produces silver dollars included in the annual Commemorative Coins program.

What is the value of a 1921s silver dollar? ›

1921 S Morgan Dollar Value

According to the NGC Price Guide, as of April 2023, a Morgan Dollar from 1921 in circulated condition is worth between $31.50 and $75. However, on the open market 1921 S Silver Dollars in pristine, uncirculated condition sell for as much as $25000.

Are Morgan silver dollars an ounce? ›

Common Date Morgan Silver Dollar VG+/RAW Description:

The Morgan Silver Dollar coin weighs in at 26.73 grams (. 859 troy ounces) and contains 0.77344 troy ounces of silver. The date and mint marks of your coin are selected at random, and the coin you receive will be dependent on our availability.

What is the best Morgan dollar to collect? ›

1893‑S. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.

What are the best Morgan Dollars to invest in? ›

Invest in Only the Highest Grade Morgan Dollars

The following best investments are the very high grade, MS-65, or better coins. They are pricey compared to MS-60 to MS-63, but their incredible rarity in the age of encapsulated coins makes them a good investment.

What are the best years for Morgan Dollars? ›

The coins produced in 1878 and 1879 are especially popular because they are the oldest available on the market today. It is the coins from the 1870s that are in pristine condition that sell for higher prices than just about any and all other Morgan Silver Dollars.

How many Morgan silver dollars are left? ›

About half of all the Morgan Dollars have been melted down as silver bullion since 1918. Even with that taken into account, there are still approximately 275 million such coins in existence, so in terms of supply, there definitely isn't a shortage.

How much can I sell my Morgan silver dollars for? ›

Morgan silver dollars range in price from as low as $20 to as high as tens of thousands of dollars. It depends on their condition and the date they were minted, among other factors.

What is the difference between a Morgan Silver Dollar and a silver eagle? ›

Because Morgan silver dollars have wide appeal and collectible value, they sell at a decent premium over the melt value of the coins. Furthermore, they contain less silver content than American silver eagles, at . 774 troy ounces.

Are GSA prices fair and reasonable? ›

The GSA Schedule, also known as Federal Supply Schedule, and Multiple Award Schedule (MAS), is a long-term governmentwide contract with commercial companies that provide access to millions of commercial products and services at fair and reasonable prices to the government.

What is the difference between open market and GSA? ›

As previously mentioned, the biggest difference between GSA Schedules and the open market is that GSA Schedules have pre-negotiated prices and terms, and open market items do not. This makes the buying and selling process much easier for both contractors and government buyers alike.

What are the three types of GSA? ›

What types of travel accounts are there in the GSA SmartPay program? There are three types of travel accounts: Centrally Billed (CBA), Individually Billed (IBA), and Tax Advantage Accounts.

What is the difference between GSA and sam? ›

Washington — On Monday, April 4, 2022, SAM.gov and all other General Services Administration (GSA) systems will switch to the new Unique Entity ID (SAM) as the authoritative government entity identifier. This means SAM.gov and other GSA systems will no longer use the DUNS number for identifying entities.

What does GSA mean in text? ›

Gay–straight alliance - Wikipedia.

What is the rarest Carson City? ›

Unique 1873-CC Without Arrows Dime

The rarest coin that survives from the Carson City Mint's 24-year-run is the 1873-CC Without Arrows dime, of which only one example is known.

How can you tell if a Morgan silver dollar is a Carson City? ›

They're easy to spot. Simply look for the “CC” mint mark above the word dollar, on the coin's reverse. From the day the Carson City Mint opened, it began making gold and silver coins from the newly found deposits in the West.

What does GSA refers? ›

General Services Administration | USAGov.

What is a GSA logo? ›

The GSA Star Mark is the official graphical identifier of the U.S. General Services Administration and may not be used for any purpose without explicit permission.

What can GSA stand for? ›

GSA.gov. An official website of the U.S. General Services Administration.

What is GSA short form for? ›

GSA is an acronym that stands for the General Services Administration, which is an independent agency within the executive branch of the United States federal government.

What does GSA mean in military? ›

U.S. Army Prototype Integration. The Federal Acquisition Service (FAS), Assisted Acquisition Services Division (AASD), within the General Services Administration (GSA), provides acquisition assistance to its clients in the Department of Defense and other Federal Agencies.

What is GSA price? ›

The GSA pricing policy requires businesses to offer the best price, often meaning the lowest price, possible for federal agencies to receive a deal.

Where is GSA from? ›

The administrator and the immediate management team are headquartered in GSA's national office in Washington, DC. GSA also has 11 regional offices in Boston, MA; New York, NY; Philadelphia, PA; Atlanta, GA; Chicago, IL; Kansas City, MO; Fort Worth, TX; Denver, CO; San Francisco, CA; Tacoma, WA.; and Washington, DC.

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