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I Completed My Set Of "First Strike" Morgans (1878 8TF VAM-9 1878-S VAM-60)

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GrapeCollects's Avatar
United States
8938 Posts
 Posted 04/25/2021  6:34 pm Show Profile   Bookmark this topic Add GrapeCollects to your friends list Get a Link to this Message Number of Subscribers
This set has been a sort of side quest for me for a little while. Around a year and a half ago I located an unattributed 78 8TF VAM 9 which I purchased for $65.

This morning I purchased the second coin of the set. I paid $130 including sales tax, and while it was attributed as a Long Nock, it was not attributed as VAM-60.
https://www.ebay.com/itm/265027832364

The goal of the set was to have one of the coins from the respective die pairing that struck the first Morgan dollars. While I am aware that there is, at least in theory, a set of presentation coins that were struck at the Carson City mint much like the Philly and San Francisco mint I am not aware of any of those coins surfacing to date. As such I'm not sure if a "first die pair" can be accurately attributed. Though if anyone has any information regarding them, or a "first die pair" I would be extremely interested.

http://ec2-13-58-222-16.us-east-2.c...1878-P_VAM-9
http://ec2-13-58-222-16.us-east-2.c...878-S_VAM-60

The VAM-9
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The VAM-60 with sellers photos, edited image to show obv eye markers and MM Pos overlay.
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I-Completed-My-Set-Of-
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Coinfrog's Avatar
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 Posted 04/25/2021  6:38 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Nice set!
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westcoin's Avatar
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 Posted 04/25/2021  7:58 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Very nice, I still can't believe I cherry picked both a long nock 78-S (VF) and a 78-P 8TF VAM 9 (EF/AU) from the same silver dollar junk bin at one dealers shop I was at in San Diego around 2001 or so. I think I paid around $8.00 per coin. Still haven't really topped that one yet.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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GrapeCollects's Avatar
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 Posted 04/25/2021  9:23 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
Very nice, I still can't believe I cherry picked both a long nock 78-S (VF) and a 78-P 8TF VAM 9 (EF/AU) from the same silver dollar junk bin at one dealers shop I was at in San Diego around 2001 or so. I think I paid around $8.00 per coin. Still haven't really topped that one yet.


That's insane on it's own, but XF/AU on a VAM-9!? That's incredible for sure.
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jbuck's Avatar
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 Posted 04/26/2021  2:36 pm  Show Profile   Bookmark this reply Add Coinstrike to your friends list Get a Link to this Reply
Wow-o on the 1878 P VAM 9. I look for that a lot, but expect to never see one. Great pick!
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westcoin's Avatar
United States
9792 Posts
 Posted 04/26/2021  3:06 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Grape,
More insane was they both came out of the same 5 gallon bucket, where there were maybe 40 or so mostly Morgan and some Peace dollars. It wasn't a coin shop but a jewelry shop with a sign that said we buy gold - silver and coins. It was in my neighborhood so I stopped in while my Mom shopped at the grocery store, I drove her there. I hadn't bought anything in quite awhile, as I had just moved from Colorado to San Diego to help take care of my Dad as his Parkinson's was getting worse.

I ended up selling the VAM-9 for over $1000 and the 78-S was my second one I had found at that point (it was 2002). Not the best one though. That would have been the (now discovery piece) VAM-72 I traded to Larry Briggs at Long Beach for cash and some cool other VAMs, I bought that one on ebay as a regular 78-S.

The last VAM-9 I cherried, I sent to ANACS on their Dollars & Cents sale. It slabbed Details EF ex-Jewelry piece, not great but still another cherrypick from a junk box of silver dollars, can't complain, buying them for the price of silver.


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"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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GrapeCollects's Avatar
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 Posted 04/26/2021  9:35 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
More insane was they both came out of the same 5 gallon bucket, where there were maybe 40 or so mostly Morgan and some Peace dollars.


Jeeeeeeeeez


Quote:
I ended up selling the VAM-9 for over $1000


Wow. That seems a bit low, granted that may have been a while ago, but the VAM-9 has been extremely popular since it's discovery.


Quote:
the 78-S was my second one I had found at that point... would have been the (now discovery piece) VAM-72 I traded to Larry Briggs at Long Beach for cash and some cool other VAMs, I bought that one on ebay as a regular 78-S.


That's pretty amazing!


Quote:
The last VAM-9 I cherried, I sent to ANACS on their Dollars & Cents sale. It slabbed Details EF ex-Jewelry piece, not great but still another cherrypick from a junk box of silver dollars, can't complain, buying them for the price of silver.


I couldn't agree more lol! I'd take them any day at that price.
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CoinHunter27's Avatar
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 Posted 04/26/2021  9:47 pm  Show Profile   Bookmark this reply Add CoinHunter27 to your friends list Get a Link to this Reply
Very cool set Grape! Congrats! Best I've got is an AU 1882-O/S VAM-5 and an 1888 O hot lips in VG (probably details) both junk bin finds. Since Morgans are so popular it's much harder to cherry pick the big varieties. That being said you've got a very nice set here!

-CH27
Collector of U.S. Coins, Varieties, and Colonial Coinage
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 04/26/2021  11:12 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
Since Morgans are so popular it's much harder to cherry pick the big varieties.


Ain't that the truth....
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JasonKflo's Avatar
United States
1694 Posts
 Posted 04/26/2021  11:42 pm  Show Profile   Bookmark this reply Add JasonKflo to your friends list Get a Link to this Reply
cool stuff . My best pics have been a ungraded XF 1889 O VAM 1A1 ,MS-64+ unattributed 1883 O VAM 36A and a UNC 1902 O VAM 45 die 3 not graded yet . I have a 1881 O VAM 50A I believe in grading and waiting on attribution on that one
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westcoin's Avatar
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9792 Posts
 Posted 04/27/2021  09:27 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
It helped me that when I got into Morgan VAMs the TOP 100 book hadn't come out yet, I was about a year and a half early! Me and a good friend took Jeff Oxman and Michael Fey's ANA Summer Seminar class on TOP 100 VAMs. That was a huge jump on the world, I was going through my divorce just before that though so my funds were really limited to only buying cherrypicked undiscovered coins from dealer inventories and off ebay. I turned down an offer to buy an ANACS 1878-P 7/8TF VAM 44 in DMPL 62 for $2400 at the seminar, it sold a few years later in the $20K range. DOH! But I was able to pick up tons of good VAMs before most people had ever heard of them.

Of course the Two Cent bug crept back into my brain and I just slacked off buying them anymore, though there are a few I still actively will search for, just because they pay so much when found unattributed.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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