1882-CC Morgan Dollar, GSA Hoard (not authenticated)

The item presented is a silver dollar coin enclosed inside a rigid, clear plastic grading holder, commonly referred to as a slab. The coin itself appears to be a United States Morgan Dollar featuring Lady Liberty in profile facing left, surrounded by stars, the motto 'E PLURIBUS UNUM', and the date '1882' visible at the bottom of the obverse side. The coin is housed within a black display insert carrying the stylized text 'CARSON CITY' at the top. A white authentication label is affixed to the lower exterior of the plastic holder, bearing the blue logos of NGC on the left and right sides. The label text reads '1882 CC $1', 'GSA HOARD', 'MS 64 PL', along with a numeric string '2188869-001' and a corresponding barcode. The coin exhibits a bright silvery luster with fields appearing to have reflective, proof-like qualities, consistent with the designation printed on the label. The plastic holder shows standard light surface handling marks. The attribution in the name rests on the visible text and labels printed on the grading holder and insert, which are presented as unverified and unauthenticated without physical examination. The style and design are characteristic of nineteenth-century United States currency, specifically a Morgan dollar minted at the Carson City mint facility, though the current encapsulation and grading label require physical verification to establish absolute certainty.

Based on the visual evidence provided, I have evaluated the item presented as a Morgan Dollar housed in a holder bearing labels associated with the GSA Hoard and an MS 64 PL designation. Based on what I can see in the photograph, the holder displays standard features consistent with encapsulation products, and the coin exhibits silvery luster and proof-like characteristics. However, I cannot verify from a photo whether the holder, labels, or coin are what they appear to be, as digital images cannot substitute for physical inspection. The estimated value range of $1,200 to $1,800 assumes that the attribution and encapsulation are correct upon physical examination. Carson City Morgan Dollars, particularly those associated with the GSA Hoard and carrying a PL designation, generally experience strong demand among numismatic collectors, which supports this valuation tier. To establish certainty and confirm whether the piece is what it appears to be, an in-person examination by a qualified numismatic expert is required, alongside physical verification of the holder and coin surfaces. If physical inspection reveals that the item is a modern reproduction, replica, copy, or otherwise lacks the presumed attributes, the value would decrease significantly, likely dropping to the base bullion or novelty value range of $50 to $100.