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The Carson City Morgan Silver Dollar 1880/79-CC, Top-100 $1 VAM-4 REV of GSA Hoard 78 Uncirculated NGC, is a sought-after and historic coin in the world of numismatics. This particular variety of the Morgan Dollar is unique due to the specific minting details, including the overdate, "1880/79," and its association with the legendary GSA Hoard, a famous collection of silver dollars released in the 1970s by the General Services Administration (GSA). The Carson City mint, one of the most renowned U.S. mints, was known for producing coins that are highly coveted by collectors due to their limited mintage, quality, and historical significance. The 1880/79-CC variety, in particular, stands out due to its rarity and connection to the GSA Hoard, making it a key date in the Morgan Dollar series.
The history of the Morgan Silver Dollar dates back to the late 19th century when it was first minted from 1878 to 1904 and then again in 1921. The coin was designed by George T. Morgan, the U.S. Mint’s chief engraver, and became one of the most iconic and widely circulated coins in American history. The Morgan Dollar’s design features a portrait of Lady Liberty on the obverse and an eagle with outstretched wings on the reverse, symbolizing freedom and strength. The coin was struck at various U.S. mints, with the Carson City Mint, located in Nevada, producing some of the most highly sought-after examples due to its relatively low mintage compared to other mints. In particular, the 1880/79-CC variety is of significant interest to collectors because of its overdate, which is a rare occurrence in the minting of U.S. coins.
The 1880/79-CC Morgan Silver Dollar is notable for the overdate present in its obverse design. The 1880/79 overdate occurs because the mint used dies that were originally prepared for the 1879 Morgan Dollar. When the mint needed new dies for the 1880 coins, they repurposed the 1879 dies by overstriking them with the 1880 date, creating the overdate effect. This overdate variety, identified as VAM-4 by the American Numismatic Association (ANA), is a top-100 variety within the Morgan Dollar series. The overdate can be seen under magnification, where the remnants of the "9" from the 1879 are visible beneath the "8" of the 1880 date. This overdate feature makes the coin highly desirable to collectors, as it represents an error or variation in the minting process that is both rare and historically significant.
The Carson City Mint was one of the key locations where silver dollars were produced during the late 19th century. Established in 1870 to handle the growing silver mining industry in Nevada, the Carson City Mint produced silver coins for circulation, including the famous Morgan Dollars. However, the mint’s operations were limited in scope, and only a relatively small number of coins were struck there compared to other mints like Philadelphia or San Francisco. As a result, coins produced at the Carson City Mint, including the 1880/79-CC Morgan Dollar, are highly prized by collectors due to their limited mintage. The 1880/79-CC variety, in particular, is rare, with only a small number of these overdated coins surviving in good condition, further enhancing its value and desirability.
The mintage of the 1880/79-CC Morgan Dollar was relatively low compared to other years in the Morgan Dollar series. The Carson City Mint struck only a limited number of these coins, and after the minting process, many of the silver dollars were either lost or damaged over time. The release of the GSA Hoard in the 1970s, however, provided collectors with a rare opportunity to acquire previously unreleased Carson City Morgan Dollars, including the 1880/79-CC variety. The GSA Hoard consisted of coins that had been stored in government vaults for decades and were released to the public through a series of auctions. The release of these coins, including the 1880/79-CC, provided a boost to the popularity of Carson City Morgan Dollars, as they were made available to collectors in a variety of conditions.
The condition of the 1880/79-CC Morgan Silver Dollar from the GSA Hoard is of particular significance. This particular coin, graded as Uncirculated by the Numismatic Guaranty Corporation (NGC), has been preserved in pristine condition, showing no signs of wear or handling. Uncirculated coins are highly sought after because they have been kept in mint condition since they were first struck. The NGC certification adds further credibility to the coin's condition, as the grading system used by NGC is one of the most respected and widely accepted in the numismatic community. An Uncirculated grade indicates that the coin has retained its original sharpness, with full details on the design and no evidence of circulation. For collectors, this makes the 1880/79-CC Morgan Dollar an exceptional piece, as it represents both a rare overdate variety and a coin in excellent, original condition.
The GSA Hoard, which released millions of silver dollars from the Carson City Mint in the 1970s, played a significant role in the numismatic world. The coins in the GSA Hoard were initially stored in government vaults after being withdrawn from circulation during the 19th century. When they were eventually sold to the public, these coins became highly collectible, and many collectors jumped at the opportunity to acquire previously unavailable Carson City coins. The 1880/79-CC Morgan Dollar, with its overdate feature and connection to the GSA Hoard, is one of the most coveted coins among collectors of U.S. silver dollars. The coin’s inclusion in the GSA Hoard, coupled with its low mintage and unique overdate, makes it an essential piece for any serious Morgan Dollar collector.
The 1880/79-CC Morgan Silver Dollar, VAM-4 REV of GSA Hoard 78 Uncirculated NGC, represents a key piece in the history of U.S. currency and a valuable addition to any coin collection. Its historical context, from its creation at the Carson City Mint to its release through the GSA Hoard, adds to the allure of this coin. The overdate, VAM-4 variety, the GSA Hoard connection, and its Uncirculated condition all combine to make the 1880/79-CC Morgan Silver Dollar an exceptional and highly collectible coin. For numismatists and collectors, this coin is a rare and sought-after piece that highlights both the technical aspects of coin production and the historical significance of the era in which it was minted. As such, it is not just a beautiful coin, but a tangible link to a pivotal time in American history.