Picked Up A Nice 1878 8TF Morgan - Coin Community Forum

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Author	Replies: 8 / Views: 952
SeatedNut Pillar of the Community United States 2797 Posts	Posted 06/28/2008 11:13 pm What do you all think of my latest snag? Report this Post to the Staff

Jaobler Pillar of the Community United States 6383 Posts	Posted 06/29/2008 12:15 pm I'd call this solid for EF-40. Judging by the grade descriptions in the PCGS guide (which seem a bit generous for circulated Morgan dollars), EF-45 might be possible. The obverse looks fairly original, although the reverse has a more faded appearance that might indicate a light cleaning sometime in the past. Otherwise, it looks problem-free. There seem to be about a million VAMs for this date. Do you know whether this one is an unusual VAM variety? Report this Post to the Staff
SeatedNut Pillar of the Community United States 2797 Posts	Posted 06/29/2008 12:52 pm Jaobler, Yes it is and that's why I posted. The key is in the red circle ... Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 06/29/2008 2:01 pm VAM-9. The First Morgan dollar, minted from the very first die pair. Only a few hundred were struck before the dies died. Very clean (in a good way) for the grade, VF-35-ish, and worth north of $200 as it sits. You, sir, are my current object of envy. Report this Post to the Staff
SeatedNut Pillar of the Community United States 2797 Posts	Posted 06/29/2008 2:31 pm SuperDave you are correct sir. Here's the extract from VAMWorld: Quote: Detective work has revealed they began striking the new Morgan coins at 3:17 PM on March 11, 1878. The combination of the die and the time is known because a reporter was present at the event and the first coins struck were presentation pieces for President Hayes. His specific coin has been preserved and studied for die features and subsequently identified as a VAM-9. According to a reporter present, only 303 pieces were struck when the die failed and new ones had to be used. The reverse die is identifiable because of the "comma" feather on the lower right side as looking at the eagle. Some VAMmers describe this feather as kidney-bean shaped and it is a key identifier of a VAM-9. This one gives me shivers due to the historical significance. Not as rare as some of the others, but if you collect Morgan VAMs, it's a "must have". Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 06/29/2008 3:13 pm Quote: but if you collect Morgan VAMs, it's a "must have". Yeah. It doesn't matter where I go or what I buy, my collection won't be complete without a VAM-9. They're still being cherrypicked. Report this Post to the Staff
SeatedNut Pillar of the Community United States 2797 Posts	Posted 06/29/2008 3:22 pm Quote: They're still being cherrypicked. This was from an unattributed ebay listing. Report this Post to the Staff
NGiles Pillar of the Community United States 527 Posts	Posted 06/29/2008 5:34 pm Nice find, I am sure I am not the only jealous person here. Report this Post to the Staff
Parklane64 Rest in Peace United States 2668 Posts	Posted 06/30/2008 12:32 am Awesome snag! Report this Post to the Staff
	Replies: 8 / Views: 952

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