GSA Dollars - APMEX offers a superb selection of GSA Carson City Silver Dollars.
The GSA Carson City Silver Dollar is a true symbol of the American West. The Carson City Mint in Nevada supplied Morgan dollars to Federal Reserve Banks across the country. It is also the only mint to use more than one letter on its coins - the unique “CC” mintmark.
An overabundance of Silver dollars and the increased popularity of the paper dollars caused the Carson City Mint to close in 1893 after only 23 years of business. No coins have been minted there since.
Demands for Silver in the early 1900s to support the war effort led to massive coin melts, and the stored CC dollars were believed to be lost. However, in 1964, the General Accounting Office discovered nearly three million uncirculated Silver dollars from the Carson City Mint.
After this discovery, it was decided by the General Services Administration (GSA) that the Silver dollars would be sold to the public through a mail bid with a pre-established minimum price set near their numismatic value.
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