Add to Technorati Favorites

Sunday, May 18, 2008

QUESTION FOR CARSON-ITE

A question for Carson-ite: Did "jimmiekeyes" ever come through with verification of a previously unknown 1876-CC twenty cent piece?

Tuesday, May 13, 2008

Thru the Grapvine: GSA prices

Hello everyone:

My favorite coins have been CC Morgan Dollars that were encapsulated and sold by the GSA in the early 1970s. Long time observers of this part of the numismatic universe have noted that the advent of third-party encapsulation and grading has created a new collecting arena where GSA specialists are seeking high grade dollars that are STILL encapsulated in the original GSA packaging. The reasons for this are too numerous to recite in a blog (see my article in the second issue of C4oA's journal, Curry's Chronicle, fall 2005).

I want to start an infrequently updated 'heard-it-thru-the-grapevine' report on the prices that GSA dollars are commanding today as an aid for other collectors who (like me) need accurate approximations for current values.

My sources are anonymous but reputable, and I have verified to the best of my ability that the transactions are real. I am only the reporter and the names of the dealers and owners are anonymous and will never be divulged.

Also, for obvious reasons, this log cannot be a complete market survey. More reports and rumors are always welcomed.

Mitchell

Here are some recent transactions:

December 2007

1883CC GSA NGC MS-65DPL - $2400
Comment: This date and grade is the most common GSA coin found in NGC MS-65DPL (NGC population count - 54).

April 2008

1885CC GSA NGC MS-66DPL - $25,000
Comment: This coin is the highest graded 1885 deep mirror proof-like and is the only coin graded at this level.


May 2008

1890CC GSA NGC MS65 - $47,500+
Comment: This coin is the highest graded 1890CC and it is the only example graded at this level.