I was about to list a 1879-S (REV of 79) Morgan on eBay, but I thought that I would give the "once over" with my DinoLite before listing it, since it is one of the most common Morgans out there. I noticed a "cup" on the bottom of the 8 and a drop on the 7 in the date. Then I looked on the reverse to find the mint mark irregularity, it appears to be a Large S over a Small S. One of the differences between the REV of 78 and RV of 79 on the 1879-S is the size of the S (78 being small and 79 being large). Could stamping over the Small S with the Large S happen?
Any help would be greatly appreciated since I am way new at VAM's.
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The only photo up is a late die state coin that has been over polished. I see the indent on the 8 and what looks too be PMD on the bottom of the 7. You could send it to Leroy as I know he has boxes of reference info in his basement storage. But from what I can see in your coin and the description it falls to "the die is the die" The reverse is a dead ringer and the date type matches the VAM description.
Your coin just looks to be an early die state of the Vam-12
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