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# 2TY3, PCGS# 7072)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


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    Auction Info

    Auction Dates
    November, 2013
    15th-16th Friday-Saturday
    Bids + Registered Phone Bidders: 13
    Lot Tracking Activity: N/A
    Page Views: 1,069

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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    We also followed the bidding online yesterday here in Salt Lake for the other 3 coins - great fun. Prices realized met or exceeded our expectations.
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    Salt Lake City, UT
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