vampicker wrote: ↑
Sat Jun 29, 2019 10:21 pm
Forgive me for being unwilling to accept anecdotes from 'prior research' - what's the actual source?
An old site dedicated to GSA collecting called GSADollars.com had the original articles. I'll have to find the original sources.
It was the 1878-CC's that I believe got repurposed into the soft packs, and the 1878's were coincidentally being sold along-side the soft packs in the second "Jesse James" phase of GSA sales. 1878-CC are the only year to appear disproportionately in soft packs compared to hard packs.
The sales numbers and the dates are well-published. We know how many they sorted and graded and what the results were. GSA published all that info at the time.
We know GSA published they started with just under 3mil coins... And we know what the resulting grading was.
· Just over 2mil Uncirculated CC...
· "Mixed CC"s" accounted for 690,000 coins...
· Circulated CC's equalled just under 100k...
· Non-CC Circulated was 85-90,000
· ~300 rejects : These weren't sold and went to a SF museum.
27,980 non-CC got the slab treatment, and 84,165 went into soft packs. (Need cite for this...)
We also know the actual sales numbers for the hard cases: 2,825,200 in total across all years.
That leaves 170,000 coins left for soft pack sales (including the 30,000 other silver dollars ie peace etc that got mixed in...)
Only 61,000 1878-CC were sold in hard cases.
It's known only the 79, 89, and 90's sold out (and the one-offs).
Originally all circulated CC's were meant to be packaged in hard shells. They used cases that said "Uncirculated" and cases that just said "Silver Dollar" for the circulated coins. I believe the 1893-CC was found in a "Circulated" hard case and graded XF-40.
The circulated 1878 hard cases are what is believed to have been cracked for soft packs.
It's all anecdotal from extrapolated data until i can find the original article as gsadollars isn't functioning anymore, but all the numbers above we know from GSA.
Couple of my unicorns are the 1889/92/93-CC GSA. Only one of each, and the 89-CC was sub'd to NGC and came back 62PL. Thankfully still in the original holder.
Love me some GSA...