Carson City Dollars Galore!
When the Treasury Department halted the flow of Silver Dollars at face value to the public in March of 1964, they still were in possession of approximately 3 million Silver Dollars, the majority of which were minted in Carson City Nevada. Nothing was done with the hoard until late 1971 when they were turned over to the General Services Administration to be sold.
The accepted quantities of each date were:
- 1878CC - 61,000
- 1879CC - 4,100
- 1880CC - 131,500
- 1881CC - 147,500
- 1882CC - 605,000
- 1883CC - 755,500
- 1884CC - 962,600
- 1885CC - 148,300
- 1890CC - 3,950
- 1891CC - 5,700
The remainder consisted of approximately 125,000 circulated and uncirculated Dollars from various other mints.
The GSA decided to hold five mail bid sales. The minimum price per coin accepted was considered "high" at the time. As it turned out, the five sales resulted in over 1.9 million of the coins disbursed. The remainder of the coins were sold by mail at set prices ranging from $20 to $180. The last of the Carson City GSA Hoard was sold in the summer of 1980. The market readily absorbed this vast number of Dollars and the mystique of the "CC" mint mark continues to present day.
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