So what's the big deal??

I recently added an 1883-CC Morgan silver dollar to my registry set. It's not uncirculated, it's not AU, it's not XF or F. It's graded G4 (Good). It's also worth 1,271 registry points...why?

The Carson City Mint produced 1,204,000 silver dollars in 1883. In the 1960's, after being hidden away in government bank vaults for almost 100 years, over 3 million silver dollars were discovered, including over 750,000 from 1883. During the 1970's, these coins were sold to collectors and dealers by the General Services Administration (GSA) in hard black plastic holders. Almost all of these GSA dollars were in uncirculated condition. However, there was a small group of about 100,000 that were packaged separately in soft plastic (referred to as GSA soft packs or blue packs). Most of those coins were circulated, but there were also some uncirculated coins included in the 100,000.

Over 13,500 of 1883-CC silver dollars have now been graded in the original GSA hard packs. Very common and easy to find. But guess how may have been graded in the soft packs...only 3. That's right, just 3. And none have been graded better than very good. One of the most common dates in the GSA hard pack is one of the hardest to find in the GSA soft pack. That is why it is worth so many registry points.

Now, if only I could find an 1884-CC in the GSA soft pack... none have been graded so far.