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Unusual 3 Or M Printed On The Hat -1921 S Morgan Silver Dollar, Help?

 
 
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United States
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 Posted 11/10/2016  8:20 pm Show Profile   Bookmark this topic Add Damon Groove to your friends list Get a Link to this Message
Hello,

My 1921s Morgan silver dollar has a 3 or M printed on the hat. I can't find any errors that match this description. I took it to a coin shop and the Owner said he's never seen anything like it. This 3 or M is very distinct.

How rare is this coin and what should I value it at?

What VAM is this?

Thank you,
Damon





Edited by Damon Groove
11/10/2016 10:51 pm
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United States
1281 Posts
 Posted 11/10/2016  11:07 pm  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
I would consider the possibility of another coin hitting this one and leaving a mark. How does the spacing compare with common reeding?
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 Posted 11/10/2016  11:12 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
....to the Forum!
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United States
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 Posted 11/11/2016  12:44 am  Show Profile   Bookmark this reply Add Damon Groove to your friends list Get a Link to this Reply
The 3 shape is a protrusion of the coin and there's no mark showing this area was struck. This leads me to believe that this shape was produced during the minting process.
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 Posted 11/11/2016  01:01 am  Show Profile   Check paralyse's eBay Listings Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
It appears to have been tooled out and then engraved, or perhaps sunk with a punch as seen in counterstamped coins. Almost certainly post-mint damage, and not a VAM as it is not a die or hub feature. The only other thing I can think of would be a foreign object/debris strike (a piece of metal or some other object was trapped between the planchet and the obverse die when this coin was struck, and you are seeing the area where the object was impressed upon the planchet) and that seems quite unlikely. If it were a die or hub error, it would have almost certainly been present on more than one coin.

Lacking evidence to the contrary, I would value it at melt, around 15-17 bucks.
Member ANA - EAC - TNA - SSDC
Specializing in 1932-1964 Washington quarters

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse
11/11/2016 01:03 am
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 Posted 11/14/2016  3:04 pm  Show Profile   Bookmark this reply Add twohawks to your friends list Get a Link to this Reply
PMD or post mint damage on this coin with 100% certenty
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 Posted 11/15/2016  12:21 am  Show Profile   Bookmark this reply Add Damon Groove to your friends list Get a Link to this Reply
Thanks all. If there was some sort of evidence, what do you think value would be if the shape was produced during the mint process?
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United States
637 Posts
 Posted 11/23/2016  3:05 pm  Show Profile   Bookmark this reply Add twodsonegf to your friends list Get a Link to this Reply
Yup, PMD.
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