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Lot
33520

1878 8TF $1 MS62 NGC. CAC. VAM-9, R.7....

2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190

 
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Auction Ended On: Nov 15, 2013
Item Activity: 13 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1878 8TF Dollar, VAM-9, MS62
Top 100 Variety, 'First Morgan Dies'
1878 8TF $1 MS62 NGC. CAC. VAM-9, R.7. A Top 100 Variety. The surfaces on both sides are bright and approach silver in the centers with dabs of ochre, brownish-charcoal, and amber near the rim. A couple of small marks appear on Liberty's cheek. VAM-9 is known on VAMWorld.com as the "first Morgan dollar dies," struck with the so-called "Comma Feather" or A1h reverse. According to VAMWorld.com:

"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."


Ex: Eric P. Newman Numismatic Education Society.(Registry values: P5, N208) (NGC ID# 253H, PCGS# 7072)

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