| Showing All VAMquest Auction lots (121 to 160) |
| Lot Image |
Lot Name (Lot #)
Description |
Price Realized* |
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1878-P 7-TF Reverse '79 VAM 203 PCGS MS63 (Lot 6018)
The short wheat leaf at the front of Liberty’s headband is the hallmark of this 7-TF Reverse of ‘79 variety. It is one of only three Rev79 VAMs that made it into the TOP 100 listings, and as such, is sought after by legions of collectors. Hence, the prices realized for this variety often reflect heavy premiums. This specimen is PCGS Registry “ready” and it’s in an old PCGS holder, which sometimes is a major plus. In fact, most collectors today would call this a gorgeous MS64! |
$230.63 |
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1878-P 7-TF VAM 100 PCGS MS62 (Lot 7009)
The 1878 VAM 100 is a unique variety, as it’s the only 7TF to have a “Type I” Obverse with an evenly divided ear on Liberty and an incuse “M” designer’s initial. The fact that both diagnostics are usually found only on 8TF varieties warranted its inclusion in the TOP 100. In terms of desirability, the Mint State specimn offered here is exceedingly attractive and is at the top end of the grade. |
$101.25 |
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1878-P 7-TF VAM 110 ANACS MS63 (Lot 6013)
The broken serifs on “N and M” in UNUM set this interesting variety apart from all the other VAMs with B2-a reverses. And even as the more common sibling of VAMs 145 and 162, the VAM 110 is quite collectible. The best news of all is that this specimen is a lovely PQ example with nice luster and an MS65+ reverse. And how can you beat the price! |
$74.32 |
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1878-P 7-TF VAM 110 PCGS MS63 (Lot 7010)
The idea here was to entice you with a price that’s so low that you couldn’t help but bid on this coin. The PCGS slab cost upwards of $25, so how about adding on $25 for a coin which is a no-question MS63+ and has a Greysheet value of $79Bid/$85Ask? So, according to our calculations, the sheet value of a non-variety, plus the slab, makes this a no-brainer at $100. But our Minimum Reserve is $50. |
$90.00 |
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1878-P 7-TF VAM 114A NGC MS62 (Lot 3014)
The VAM 114A, which represents the late die state of the VAM 114, is notable for its heavily clashed obverse and reverse and its over-polishing. It makes for an interesting variety. The variety’s one drawback is the fact that it’s one of the most commonly encountered 7-TF varieties! That said, this particular specimen has excellent eye appeal for an MS62 specimen. Golden orange toning at the periphery on both sides highlights the satiny luster at the centers. If all MS62 specimens looked like this, I’d have to recommend this grade for wide-spread hoarding! |
$61.88 |
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1878-P 7-TF VAM 114A PCGS MS62 (Lot 7011)
This nice looking 7TF Morgan is yours for the taking. In effect, you’re paying for the slab and the coin is basically free. The VAM 114A is the very late die state version of the VAM 114 and severe die clashing necessitated extensive polishing to remove the clash marks. The result was that some of Liberty’s hair around the “M” designer’s initial on the obverse is missing. As for the grade, the cheek shows bag marks consistent with an MS62 grade. On the positive side, this is highly lustrous, no-question BU has a Minimum Bid of only $35. |
$41.63 |
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1878-P 7-TF VAM 117 ANACS MS60 (Lot 5005)
The “Tripled #2 Star” to the right of the date on the VAM 117 will take your breath away. The variety, itself, is a tripled die obverse, with strong doubling on the obverse stars, various letters in PLURIBUS, and on LIBERTY in the head-band. This particular variety may be one of the biggest “sleepers” in the 7-TF set, as it’s much rarer than its VAM 141 counterpart. Why this coin is in an MS60 is a mystery to me, as the strong strike, excellent luster and lack of significant marks make this example extremely desirable. |
$169.86 |
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1878-P 7-TF VAM 118 ANACS AU50 (Lot 9012)
For those collectors who are assembling a set of 1878 7-TF Morgans, there are a number of “stoppers” for the set. The VAM 118 is one of them. In this cataloger’s opinion, the Top Five 7-TFs are the VAM 123, the VAM 166, the VAM 188, the VAM 189 and the VAM 118. And all are ultra-rare to unknown in true Mint State condition. The upshot is that this offering of a slabbed AU VAM 118 is an important opportunity. One transaction a few years ago involved a specimen that wouldn’t measure up to this one, and the price was $1000! |
$421.88 |
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1878-P 7-TF VAM 123 RAW XF (Impaired Obv) (Lot 2020)
We do NOT list raw coins in our auctions. But what can one do when the specimen is the rarest variety in the entire 1878 7-TF set and only eight or nine examples exist in all grades!!! And the finest is only XF45! Calling this the rarest of the rare may not do it justice! In any case, we’ve made this one exception to offer a VAM 123 to the collectors who are trying to complete a 7-TF set. The wait for a better specimen might be a LONG wait. Describing the variety is easy. Liberty’s eye has a large, unique “spike” under the eyelid. But describing the condition is not easy. The reason it’s unlikely that this coin would go into a slab is the significant contact on the obverse in the form of marks and abrasions. However, at arms-length the coin looks like a nice XF/AU! So the bottom line is this. If you want an attractive specimen that would fit nicely into a 7-TF set, but is impaired, rather than acquire a VG or Fine specimen that’s not impaired, here may be the one-time opportunity to acquire this supreme 7-TF ultra-rarity. |
$956.25 |
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1878-P 7-TF VAM 131C PCGS MS62 (Lot 4022)
The first Proof Morgan dollars struck in 1878 had the generic attributes of what Van Allen calls the VAM 131. There are a number of varieties with the primary VAM 131 attributes, including this example with a die polishing line through the “IB” of LIBERTY. That diagnostic makes this one the VAM 131C. As for the grading, most of the dealers in today’s marketplace would assign it a grade of MS63. Solid luster, a reverse that’s somewhat reflective, and fewer than average marks of any kind, make this example worth pursuing. |
$73.13 |
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1878-P 7-TF VAM 142 PCGS MS63 (Lot 3015)
7-TF specimens in PCGS holders are the epitome of a winning combination. That’s why there are so many examples of outrageously high prices paid for such examples. Here, the coin is white, except for an area of splotchy orange toning at K-10 on the obverse. It’s a bit ugly! But the reverse is better. Greysheet bid for a raw MS63 7-TF is $79. Good results might be realized by busting this one out and taking off the toning. |
$78.75 |
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1878-P 7-TF VAM 142 PCGS MS63 (Lot 6014)
7-TF specimens in PCGS MS63 holders are always a great combination! And here we have one with a B2-b Reverse, meaning that the top of the “o” in GOD on the reverse is broken. On VAM 142, the “-878” numerals in the date are doubled, with the surfaces of the first “8” showing unique raised doubling. This may be near top of the line for this variety. |
$90.00 |
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1878-P 7-TF VAM 146 PCGS MS63 (Lot 5007)
Here’s a coin for the toning fanatics among us. Golden brown toning covers both sides of the coin, and when held to the light, hues of yellow gold are visible around the entire periphery on both sides. And what about the variety? The VAM 146 is notable for its diagonal die gouge through the top of the “R” and the bottom of “E” in LIBERTY. This coin is quite attractive, but if you don’t like toning, this coin may not be the right specimen for you. |
$157.50 |
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1878-P 7-TF VAM 160 ANACS AU50 (Lot 3016)
The 7-TF VAM 160 has what is known as the B2-c Reverse, which refers to the “broken arm of the “r” in TRUST on the reverse. What’s interesting is that so many of the very rare 7-TF varieties have this reverse. The VAM 160 is one of these scarce varieties. Less than fifteen BU specimens are known, so the top-of-the-line for all intents and purposes is AU. This slabbed specimen is highly desirable, and if you don’t already have one, would make a solid example of a rarely encountered VAM. |
$84.38 |
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1878-P 7-TF VAM 160 ANACS AU53 (Lot 7013)
This lot is the first of several rare 1878 7-TF varieties with what’s called a B2-c Reverse, meaning the “r’ in TRUST on the reverse displays a broken horizontal arm. Most of the known varieties with this reverse are very scarce. Offered first is the VAM 160. It has the same obverse as the super rare VAM 118, and its key diagnostic is the major “hook” at the top right of the “P” in PLURIBUS. This variety is rare and desirable in AU, with less than five BU examples known. Good luster and sharp detail add to the appeal here. |
$101.25 |
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1878-P 7-TF VAM 161 ANACS AU50 (Lot 7014)
It was mentioned in the preceding lot description that most of the B2-c Reverse varieties are scarce to very rare. Well, the VAM 161 is ultra rare! We have seen very few of these in any grade over the years, and this is our first offering of one. The VAM 161 is a variety that doesn’t get much respect, but it seems to be missing form most sets. In any case, this AU specimen is nice for the grade and about as good as they get. |
$146.25 |
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1878-P 7-TF VAM 162 ANACS AU50 (Lot 7015)
The VAM 162 is another of the rare ones in the 7TF set. It has a B2-c Reverse, and the key diagnostic for this variety is the “broken serif” on the “N” and “M” of UNUM. In total, there are four 7TF “Broken N & M” varieties, VAMs 110, 145, 162 and 200. Of these, the VAM 162 is the rarest, and in fact, less than ten BU specimens have so far come to light. Is that rare enough? This coin was one of the highlights of the consignor’s 7-TF set and the collection is now being dispersed. Excellent luster and sharp detail make this VAM 162 something really special. |
$168.75 |
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1878-P 7-TF VAM 163 PCGS AU55 (Lot 6016)
This coin was purchased as a BU coin, but thank goodness for PCGS. This way the new buyer gets everything he’s looking for. The VAM 163 is an extremely scarce variety, with its huge doubling at the top left of the “U” in PLURIBUS. We seldom run across one of these, and this spectacular specimen would fit nicely in a Mint State set of 7-TF varieties. Only a light touch of wear separates this example from MS63. Of note, this is the first time we’ve offered a VAM 163 in one of our auctions. |
$140.63 |
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1878-P 7-TF VAM 186 PCGS MS62 (Lot 2022)
The notable feature of the VAM 186 is its B2-c reverse, which is VAM-speak for a 7-TF flat-breast Reverse with the arm of the “r” in TRUST partially broken away. Many of the rarest 7-TF varieties have this reverse. The VAM 186 is the generic listing, where there are no significant features, other than its “broken r.” In terms of rarity, this is one of the common 7-TF VAMs, and is therefore valued at or near Greysheet levels. However, there’s one thing to consider. Now that the 8-TF specimens have been swept up in the marketplace, maybe 7-TFs are next! |
$84.38 |
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1878-P 7-TF VAM 190 ANACS MS60 New Holder (Lot 12014)
The VAM 190, which is characterized by Liberty’s missing nostril on the obverse and a doubled “In God We…” on the reverse, is known to have two distinct stages. The first is the unclashed earlier die state that’s offered here, and the second is a clashed late die state. The buyer of this coin will be pleasantly surprised by the superb appeal of this example, since MS60 usually is the kiss of death in terms of quality. Quite attractive for the grade. |
$55.13 |
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1878-P 7-TF VAM 31 PCGS MS62 (Lot 4017)
The VAM 31 is an intriguing variety, which is commonly labeled “7-TF” on grading service slabs, but is actually a so-called “7/8-TF” variety. At least two different Hubs were involved, whether a combination of 7-TF over an 8-TF Hub, a 7-TF over another 7-TF Hub, or as Pete Bishal contended, a 7-TF over a Pattern 7-TF Hub. In any case, the area of diagonal die polishing around the eagle’s right talon (on viewer’s left) probably represents an attempt to efface some of the doubled features created by using different Hubs. In terms of the specimen here, its bright luster is unusual, and overall it’s safe to say it is superior to most of the MS62 specimens found in today’s marketplace. |
$67.50 |
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1878-P 7-TF VAM 70 PCGS MS62 (Lot 4020)
The VAM 70 is one of this writer’s favorite 7-TF varieties. It shows spectacular doubling on RIB of PLURIBUS, and not surprisingly, it’s included in the TOP 100 listings. And this variety, with its “Long Nock” B1 Reverse, is quite scarce. Throw into the mix the fact that the specimen offered here is semi Proof-like, and you have a rather exciting coin. Conservatively graded, but with enough marks on the cheek to make a case for MS62, I must say that I’ve seen specimens that were a less attractive in MS63 holders from other grading services. With frosty obverse devices, this is a standout specimen with an MS65+ reverse. |
$158.06 |
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1878-P 7-TF VAM 82 NGC MS63PL (Lot 7008)
Everybody knows how hard it is to get a “DMPL” designations on NGC holders these days. In the past, this VAM 82, with its deeply reflective surfaces, would have come back from any grading service as DMPL. But today, the owner got a “PL” on it. In any case, if you’re putting together a set of 1878 varieties, and want to include the B1 Reverse VAMs in your set, then this is a fabulous specimen to acquire! |
$168.75 |
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1878-P 7-TF VAM 84 ANACS MS63 PL (Lot 11004)
If you like Morgan dollars with a smooth frosty cheek and full proof-like fields, then this is the coin for you The 7-TF VAM 84 is obtainable is grades up through MS63, but you rarely find one with an early die strike like this one and mirrors that only a few years ago would have been considered full deep mirror. Bordering on the spectacular! |
$140.63 |
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1878-P 7-TF VAM 84 NGC AU58 (Lot 2018)
This long-nock 7 tail-feather variety, with its missing nostril and the horizontal dash between the first “8” in the date and the denticles, is easy to identify as the VAM 84. It surprises collectors to learn that all 7-TF VAMs with B1 Reverse are part of the 7/8-TF family, but because they don’t show any extra tail-feather tips, they aren’t priced at full 7/8-TF levels. The owner apparently thought this was a BU coin, and submitted it to NGC. The resulting cost of the slab and shipping won’t leave any room for recouping the value of the coin! Obviously, quite nice for the grade. |
$41.63 |
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1878-P 7-TF VAM 84 NGC MS62 (Lot 4021)
The VAM 84, which has a dramatic “dash” under the first “8” of the date, is one of the 7-TF “Long Nock” B1 reverse varieties. But it’s the condition that is noteworthy here, as this may be one of the best MS62 specimens I’ve encountered. Indeed, it’s an arm’s length MS64, with frosty devices and semi Proof-Like fields. It has abundant luster and strong eye appeal, and in the final analysis, it may be the perfect inexpensive specimen, if you don’t already have one. And even if you do, look at the price! |
$86.50 |
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1878-P 7/8-TF VAM 30 ANACS MS63 DMPL (Lot 10004)
When was the last time you saw one of these – an 1878 VAM 30 in MS63 DMPL? With no extra TF tips showing, the key diagnostic is the B1 Reverse and the extra talon on the eagle’s right leg. Needless to say, this is an unheard of grade for this variety, and it is probably destined for one of the finest collections. Deep, deep mirrors, and white devices are the standout points here. |
$292.50 |
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1878-P 7/8-TF VAM 31 ANACS MS64 (Lot 10005)
While it’s true that the 7/8TF VAM 31 can be found in grades up to MS62 or MS63, the population thins out dramatically in MS64. In fact, the condition of this coin is almost unimprovable. Adding to its allure are the beautifully reflective surfaces (many would call this full PL), and the overall gorgeous look to the coin. PQ all the way! |
$253.13 |
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1878-P 7/8-TF VAM 31 PCGS MS63 (Lot 2011)
The twin to this VAM 31 was offered in the last auction, and sold for $105. Both specimens came out of the same bag! As I said then, there is dramatic doubling of the eagle’s legs and design elements on this Morgan dollar reverse, and the variety features are spectacular. The only surprise is that the VAM 31 hasn’t yet hit the radar screens of collectors. In any case, this example is a lustrous premium-quality MS63, rather than the MS61 or MS62 specimens in today’s market masquerading as MS63’s! |
$101.25 |
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1878-P 7/8-TF VAM 32 ANACS MS64 DMPL (Lot OD041)
You don’t see these often, and never in this lofty state of preservation! Indeed, here’s a big-time coin that is one of the keys to the entire TOP 100 set. And in terms of rarity, the 1878-P VAM 32 is right behind the VAM 44 “King of VAMs” in the ever popular 7/8-TF set. Best of all, this specimen isn’t in just any grade, but it’s in a slabbed MS64 DMPL holder! The price of any non-variety 7/8TF specimen in 64 DMPL is most often in the $5000 range, with a Greysheet listed value of $4850. So, what does this exciting variety add to its value???? |
$3,121.88 |
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1878-P 7/8-TF VAM 33 ANACS MS64 (Lot 10007)
The VAM 33 is a bit of an anomaly. It’s a 7/8TF variety, but it is designated “weak” on some holders. Yes, it’s often encountered, but it shares the same reverse with the VAM 44, which is the most desirable variety in the TOP 100! And it’s available in all grades up through MS66. That said, the Greysheet value of a non-variety 7TF is currently $195/215 in MS64, while the sheet value of a 7/8-TF in MS64 is $370/415. So the downside risk at $185 is negligible. Best of all, this is an attractive example with nice luster and a frosty cheek on Liberty. |
$208.13 |
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1878-P 7/8-TF VAM 36 PCGS MS62 (Lot 7005)
This and the following lot share the same reverse, as both the VAM 36 and the VAM 37 have the B/A-g reverse with four clearly defined extra tips visible under the TFs. This hand-pickd specimen is a stunning piece with Semi Proof-Like surfaces on both obverse and reverse. And as an MS62, it is far superior to most of the MS63’s found in non-PCGS holders. Of course, that’s why their coins bring the premiums they do! |
$174.38 |
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1878-P 7/8-TF VAM 37 ANACS MS63 (Obv PL on hldr) (Lot 7006)
ANACS came up a good innovation when they placed “Obverse-only” and “Reverse-only” designations on their labels. What’s at issue? All agree that in order to qualify as a proof-like or DMPL specimen, both the obverse AND the reverse must be a full PL or DMPL to get those designations. But what about one-sided PLs or DMPLs? ANACS solved that one by using “one-side only” designations. The result was a premium coin to collectors, which in this case, includes frosty devices and nice contrast. |
$168.75 |
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1878-P 7/8-TF VAM 37 PCGS MS63 (Lot 10008)
Note the “7/8-TF Strong” designation on the PCGS holder, which means that this specimen shows four or more extra tail-feather tips on the reverse. To those of us who are VAM fanatics, this means very little, since the VAM 44 “King of VAMs” has only three extra TFs and would be considered “Weak” by PCGS. Nevertheless, the “Strong” designation usually brings more money in the marketplace. Here, this specimen is a nice PCGS MS63, which simply means it would be a PQ MS64 in most other holders! |
$219.38 |
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1878-P 7/8-TF VAM 38 ANACS MS63 PL (Lot 12011)
The VAM 38 is interesting as a variety for its strongly doubled letters in LIBERTY in the headband. In fact, it shows the most dramatic doubling of that portion of the design found anywhere in the entire Morgan dollar series. That’s the good news. The bad news is that the variety itself is currently available in the marketplace. So, the upshot is that the VAM 38, in effect, is the “common” 7/8-TF variety listed in the Greysheet. Since MS63 DMPL specimens fetch around $1000, and PL aren’t listed, a case could be made that Proof-like specimens are currently under-valued. |
$174.38 |
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1878-P 7/8-TF VAM 38 PCGS MS62 (Lot 4018)
As a variety, it’s hard to get excited about the VAM 38, because it’s one of the most common of the 7/8-TF VAMs. But it does have a couple of things going for it. First of all, it’s in a PCGS holder which is labeled “Strong” 7/8-TF. This translates into more money. And secondly, the doubling of LIBERTY in the head-band shows the largest shift of any known Morgan dollar variety. There are bagmarks here and there, but the luster is impressive, and again… it’s in a PCGS holder. |
$129.38 |
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1878-P 7/8-TF VAM 38 PCGS MS63 (Lot 7007)
The VAM 38 has one feature that separates it from all other 7/8-TF varieties. The word, LIBERTY, which is doubled across the head-band, shows the greatest shift known for any Morgan dollar. The Reverse shows five extra TF tips, and is labeled “Strong” on this PCGS slab. But what’s not on the holder is the fact that both obverse and reverse have highly reflective surfaces. Are they proof-like? Apparently not to PCGS, but these fields add much to the eye appeal of the coin. We’d buy MS63 coins all day long if they looked like this one! |
$225.00 |
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1878-P 7/8-TF VAM 38 PCGS MS63 (Lot OD251)
The 1878-P 7/8-TF set has gained a lot of popularity over the last decade. And of course, every collector who’s putting together a non-variety set of Morgan dollars needs one to complete his set, as well. The VAM 38 shows five distinct tail-feather tips under the primary set of seven, so this variety is sometimes referred to as a “7/5”-TF variety. The significance of five TFs is that PCGS labels it a “strong” 7/8, which often brings more money in the marketplace. A few marks here and there, but quite attractive and more than solid for the grade. |
$219.38 |
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1878-P 7/8-TF VAM 38 PCGS MS64 PL (Lot 6008)
A PCGS MS63 Proof-like example of any so-called “strong” 7/8-TFs is highly desirable. On the eagle, VAM 38 shows five extra tail-feather tips, and on the obverse, the word LIBERTY is strongly doubled. In terms of price, an MS63 (non PL!) was recently sold on EBay for $335. This gorgeous specimen, which is a PCGS MS64 PL, has incredible Proof-like surfaces which in years past would have been DMPL. 1878 dated coins in PCGS holders labeled “PL” are at the peak of their popularity, and any 7/8-TF specimen in MS64 PL resides at the top of the mountain. |
$444.38 |
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1878-P 7/8-TF VAM 39 PCGS MS63 (Lot 9008)
No wonder everyone loves coins in PCGS holders! Take this 1878 7/8-TF for example. Happily residing in an MS63 PCGS slab, this coin as a raw coin would undoubtedly be sold as an “MS64” at coin shows across the country. And the VAM 39, with its five extra TF tips visible under the eagle, is one of the scarcer 7/8-TF VAMs. PCGS labels it a “Strong” 7/8-TF variety, which adds to its value. Nice. |
$219.38 |
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1878-P 7/8-TF VAM 41B ANACS MS62 (Lot 10010)
If one were looking for the best example of an 1878 7/8TF variety, a good choice would be the VAM 41. The reason is that it shows the strongest set of extra TFs of any 7/8TF VAM. Indeed, this extra row of feathers is enough to take your breath away! Then, to make things even more interesting, several years ago it was discovered that a late die state of this variety showed dramatic clashing, and Van Allen designated it the VAM 41B. Surprisingly, MS62 is near top of the line for this scarce variety, and the specimen here is particularly attractive for that grade. |
$196.88 |
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1878-P 7/8-TF VAM 41C PCGS AU55 (Lot 6011)
Conservatively graded by PCGS at AU55, the consignor was undoubtedly surprised by the grade he received. In any case, this coin is certainly Choice for any AU. As for the variety, in recent times the VAM 41A with its bits and pieces of four extra TFs was found to have a heavily clashed late die state. Van Allen designated this dramatic clashed variety the “VAM 41C” and it periodically brings surprisingly large sums on EBay. The coin here is better than most of those, and we’re happy to offer one in Auction #6. |
$118.13 |
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1878-P 7/8-TF VAM 42 NGC MS62 (Lot 2015)
In this cataloger’s opinion, the 7/8-TF VAM 42 and the VAM 39 are the two most under-rated varieties in the set. Why? First of all, both are scarce, and there simply aren’t enough specimens to develop a following. Second, neither is listed in the TOP 100 or HOT 50 books, so they don’t show up on want lists. Yet both show lots of interesting extra TF tips on the reverse. The VAM 42, in particular, is the only 7/8-TF, along with the VAM 41, to display seven extra tips. Description-wise, this specimen looks better than MS62, with no major distracting marks, good luster and sharp detail. Nice! |
$146.25 |
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1878-P 7/8-TF VAM 43 ANACS MS63 PL (Lot 2016)
The VAM 43, an ultra-scarce variety that’s seldom encountered, is a member of the 7/8-TF family of VAMs that show no extra tail-feather tips on the reverse. But as an indicator of the dual-hubbing, there are some amazing doubled features and a series of die polishing lines that run across the eagle’s right leg (on viewer’s left). The strike on this specimen is so good that this cataloger is seeing die lines in the eagle’s wings that he hasn’t ever noticed before! Most of the specimens seen of this variety have reflective surfaces, but this example has fully proof-like fields on both sides. The VAM 43 variety is seldom encountered, making this attractive specimen particularly desirable. |
$174.38 |
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1878-P 7/8-TF VAM 43 PCGS MS63 (Lot 12013)
We rarely quibble about the grade on the holder, particularly PCGS. But we believe the mirrors on this coin are too deep to not have a PL designation. In the not too distant past, this one would have been an obvious PL, due to its highly reflective surfaces. In any case, the photos don’t do the coin justice. Rare and quite desirable. |
$309.38 |
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1878-P 7/8TF VAM 33A PCGS MS63 (Lot 22003)
The 1878 7/8TF VAM 33, which is the most common of the 16 major 7/8TFs, is hardly an exciting variety. However, nice examples like this of any 1878 7/8TF do have allure, especially in PCGS MS63 or better condition. Worth noting, this lustrous late die state example, which Van Allen calls the VAM 33A, shows strong double clash marks on the obverse, which should be of interest to die progression specialists. Anyway, forgetting the variety and considering only the cost of the holder and the value of the coin, it would be a bargain at anything near this reserve price! |
$241.88 |
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1878-P 7/8TF VAM 34 PCGS MS62 (Lot 25005)
Of the top sixteen standard 1878 7/8TF varieties, the VAM 34 is among the top five in terms of rarity and desirability. That puts it up in the stratosphere in terms of popularity. And nice specimens are few and far between! That accounts for the high values associated with this variety. For example, the 2009 VAMVIEW Pricing Index lists an MS62 at $350. The MS62 specimen offered here has an absolute minimum of marks, reflective fields, and excellent luster. No question – it’s lots of coin for the money! |
$206.97 |
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1878-P 7/8TF VAM 37 PCGS MS63 (Lot 25006)
Any 1878 7/8TF in PCGS MS63 is a coin to be reckoned with. Just look at the grades in dealer’s cases, or on EBay, and it’s obvious this would be a top-of-the-line, showpiece specimen in most cases. And as one might expect from PCGS, this specimen is Premium Quality at its best. The surfaces are incredibly lustrous, and there are few, if any, distracting marks of any kind. No doubt, this is one of the better VAM 37 examples we’ve seen this year! |
$219.38 |
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1878-P 7/8TF VAM 39 PCGS MS63 (Lot 22004)
Some coins were a “natural” to be included in the upcoming HIT LIST 40 Book. The 1878 7/8TF VAM 39 was one of those. Why? The 16 major 7/8TF varieties have been one of the most VAM popular sets for decades, and the TOP 100 and HOT 50 include such rarities as the VAM 44 and the VAM 32. The VAM 39 offered here is one of the scarcer remaining 7/8s and it shows 5 strong extra tail-feather tips on the reverse. This coin is an attractive, lustrous example, but what else would you expect from a PCGS MS63. |
$270.00 |
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1878-P 7/8TF VAM 40 ANACS MS63 DMPL (Lot 22005)
The 1878 VAM 40 is often one of the last varieties acquired when assembling a 7/8TF Set. It doesn’t rank up there with the VAM 44 and VAM 32, but it can be tough to find in high grades. This specimen is certainly special because of its incredible Deep Mirror Proof-Like surfaces. Indeed, it was originally purchased as an MS64 DMPL, which at the time made it the finest known. Now, someone will take advantage and buy it at the lesser grade, since MS64 DMPL has a Greysheet value of $4,850! Spectacular deep mirrors and frosty white devices are the hallmark here. |
$815.63 |
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1878-P 7/8TF VAM 40 PCGS MS63 (Lot 16005)
Many of us have been struggling for years to find an MS63 or better 7/8TF VAM 40 in a PCGS holder. Just when some collectors have probably given up hope, here is an MS63 that’s everything one could hope for in that grade. There’s plenty of frost on Liberty’s cheek, the fields show almost no marks, and the overall look is one of top quality. Registry ready. |
$351.71 |
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1878-P 7/8TF VAM 41/41B PCGS MS62 (Lot 16006)
We love this variety! The VAM 41 7/8TF shows the maximum number of extra tips under the eagle’s tail-feathers, seven in all. And it’s an important member of the TOP 100 listings. Later, the clashed version of the VAM 41 received its own variety designation from Van Allen, VAM 41B, making this Mint State specimen that much more desirable. Here, the VAM number is attributed on the holder, and as for the coin itself, its lustrous surfaces display some golden toning, which further adds to its allure. |
$253.13 |
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1878-P 7/8TF VAM 42A PCGS MS62 (Lot 25007)
Talk about strong clashing! This very scarce 1878 VAM 42A has some of the most dramatic obverse clashing in the 7/8TF Set. That’s why it’s designated by Van Allen as the VAM 42A. But the problem in my mind is that there is no VAM 42 without clashing. So you figure! That said, the VAM 42A is rarely encountered, particularly as a slabbed PCGS specimen like this one. The reverse is a full DMPL, which is simply breathtaking! And the obverse is PQ in every respect. The bottom line? You rarely encounter MS62’s that look like this! |
$472.50 |
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1878-P 7/8TF VAM 44 PCGS MS61 (Lot OD181)
For this One-A-Day Premier Auction, we present a PCGS MS61 example of the 1878 7/8TF VAM 44, the ultra-rare “King of VAMs.” Just how rare is the VAM 44 in PCGS MS61? The Professional Coin Grading Service has encapsulated a total of seven Mint State VAM 44’s, with the finest grading only MS62PL. So, the specimen offered here is near the top of the Condition Census. And talk about varieties you won’t find anywhere else, this lustrous, ultra-conservatively graded specimen is everything you’d want in a Mint State VAM 44 – super luster, sharp detail and incredible eye appeal. Although we don’t endorse “CAC,” the sticker on the slab indicates that the “graders who grade the graders” were just as impressed! And in terms of the price, one of the PCGS MS62’s sold for $21,000 last year! |
$13,218.75 |
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1878-P 7TF B1 Rev VAM 82 PCGS MS63 (Lot 25008)
There’s something about 1878 7TF specimens that have a B1 Reverse that intrigues collectors. Maybe it’s the fact that 7/8TF varieties also have B1 Reverses. (That’s because all the dies of each were made at the same time.) Or maybe the popular 1878-S coins with B1 Reverses are such high-profile varieties. Whatever the case, it seems that B1 7TF examples like this VAM 82 are always in demand, particularly as part of the PCGS Registry. The attractive specimen offered here is a top-end PCGS MS63, meaning it would probably be sold raw at a higher grade! |
$151.88 |
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1878-P 7TF B1 Reverse VAM 70 ANACS MS63 PL (Lot 22006)
Talk about a dramatic doubled die! The doubling on “RIB” in PLURIBUS on the 1878-P VAM 70 is simply incredible. The variety is also quite scarce and desirable, as the best 78-P 7TF variety with B1 Reverse. Check out the accompanying photos and you’ll see why this specimen is top of the line. Full white devices and nicely mirrored fields combine to make this lustrous beauty one of the best VAM 70’s we’ve seen! |
$230.63 |
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1878-P 7TF B1 Reverse VAM 84A PCGS MS62 (Lot 22007)
Ah, what a difference an “E” makes! The 1878 VAM 84 is the most common 7TF variety with a B1 Reverse. But the presence of the faint partial “E” on the reverse (as a result of clashed dies) turns the common variety into one with special significance. In terms of grade, this frosty coin is an arm’s length MS63, but currently resides in a PCGS MS62 holder, which makes it extremely attractive at this cheap Minimum Reserve. |
$108.56 |
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1878-P 7TF Rev 79 VAM 201 PCGS MS62 (Lot 12015)
Ah, you’ve got to love ‘em – 1878-P varieties in PCGS holders with the so-called Reverse of 1879. The VAM 201, which is less often encountered than many of the other Rev79 varieties, is identifiable by its diagnostic die fill in the lower loop of the first “8” in the date. In terms of grade, this specimen is conservatively graded by PCGS (So what else is new!) and the untoned surfaces are quite lustrous. A nice example worth pursuing!
Most importantly, this specimen is conservatively graded by PCGS (So what else is new!), and its untoned surfaces are quite lustrous.
|
$135.00 |
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1878-P 7TF Rev.79 VAM 203 PCGS MS63 (Lot OD185)
It’s been said the 1878 7TF Reverse of ’79 varieties represent a new frontier for VAM specialists. Indeed, many collectors have shied away from the set, because they can be difficult to attribute, and the numbering system (VAM 228, 228A, 228-1, 228-2, etc.) is about as arcane as the Mayan pictograph language. That said, a new book has been released by Mark Witkower and this cataloger, which might improve their collectability. In any case, this particular variety, the “Short Leaf” VAM 203, was important enough to be part of the original TOP 100 listings, and is therefore already popular with collectors. This specimen has creamy, white luster covering both sides of the coin, and few marks of any kind. In fact, 9 out of 10 collectors would call this one a PQ MS64! Nice. |
$168.75 |
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1878-P 7TF VAM 100 ANACS MS62 PL (Lot 10014)
The VAM 100 obverse/reverse die combination is unique. It has a I-1 obverse like an 8-TF variety, yet it has a 7-TF reverse. This anomaly was enough to propel it into the TOP 100 listings. The specimen here has super mirrors on both sides, which would easily have been DMPL in the old days. And the “look” of the coin is superb. Indeed, if it were raw, it would most likely be marked “MS63 DMPL” at your local coin show! |
$112.50 |
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1878-P 7TF VAM 169 NGC MS62 (Lot 13004)
Offering a Mint State VAM 169 should be accompanied by trumpet fanfare – it’s that important a variety in BU condition! Looking back, when it was selected it for inclusion in the HOT 50, everyone knew that the variety was scarce, but what was not known is how rare it is in strict BU condition. The attractive NGC MS62 example offered here is on everybody’s Hit List and is especially rare and desirable. |
$352.11 |
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1878-P 7TF VAM 187 PCGS AU50 (Lot 25011)
Any high grade VAM 187 7TF specimen in a PCGS holder can be expected to enter the numismatic marketplace about once every Blue Moon! And don’t hold your breath – There’s no guarantee you’ll encounter one, even then. Specialists know just how scarce this variety is. And not only is it undervalued in grades above XF, it’s a dramatic obverse doubled die. Here, the solid luster, white surfaces and strong detail leads us to believe this would be an AU55 specimen in some other holder. Quite attractive for the grade. |
$298.13 |
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1878-P 7TF VAM 190 PCGS MS63 (Lot 13005)
One of the latest trends in VAM collecting is collecting the 1878 7-TF varieties as a set, and a book is coming out in 2008, which should further stimulate the market. The result is that many astute investors are putting away as many 7-TF varieties as possible, in anticipation of the 7-TF set following in the footsteps of the extremely popular 8-TF set. This solid white specimen is everything you’d want in a PCGS MS63. |
$90.00 |
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1878-P 7TF VAM 84A "E on Rev" PCGS MS63 (Lot OD062)
If you are a Clashed Die collector like I am, and you salivate over "E on Reverse" varieties, then here is an example of the 1878 VAM 84A to take aim at. Sure, the unclashed VAM 84 is as common as dirt, but the faint partial "E" on the reverse makes all the difference. Here, Liberty's cheek is so smooth that this example would easily find itself in someone else's MS64 holder! Indeed, this VAM 84A is a lustrous specimen that's incredible for the grade, and best of all, it's already in a PCGS MS63 holder! |
$264.38 |
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1878-P 8-TF VAM 1 ANACS MS63 DMPL (Lot 12001)
Unlike most other 8-TF varieties, the VAM 1 obverse and reverse dies were apparently used only on the VAM 1. Yes, the VAM book lists a VAM 13, which supposedly has the same obverse and a different reverse. But not one specimen has ever been confirmed. In any case, the VAM 1 offered here is a breath-taking top-of-the-line specimen. It has deep mirrors and Liberty’s cheek is pure white. Nice contrast and a minimum of marks round out the picture. The effect is spectacular beauty! |
$562.50 |
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1878-P 8-TF VAM 10 PCGS MS61 (Lot 2004)
I’m sure the collector who submitted this coin to PCGS thought it would come back at a much higher grade. It has delightful proof-like fields on the obverse and semi proof-like fields on the reverse, good contrast between the fields and devices, and lots of sparkle. The VAM 10 is a better-than-common variety, and it’s revered for its somewhat concave reverse, which is shared with the even rarer VAM 15. If you’re an aficionado of Morgan’s reverse design, you’ll love this specimen, because the reverse is almost flawless, and would grade at least MS65. It’s doubtful you could ever do better than this on an 8-TF in an MS61 holder! |
$118.13 |
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1878-P 8-TF VAM 10 PGCS MS62 (Lot 4008)
Over the past decade, the VAM 10 has developed into something of a premium variety, which often brings surprisingly high prices in today’s market. Case in point, an ANACS MS63 specimen with a DMPL obverse recently sold for $208.13. The PCGS MS62 offered here also has a Proof-Like obverse. Also worth noting are the light die cracks between several numerals in the date, which this cataloger hasn’t noticed before. Nice contrast and a sharp strike make this VAM 10 example highly desirable. |
$147.38 |
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1878-P 8-TF VAM 12 ANACS MS63 (Lot 3004)
There are always some surprises in the VAMquest Auctions, and the most bid upon Lot in Auction #1 was the 8-TF VAM 12, where it received 42 bids. Now, that’s popular! No longer considered one of the “common” 8-TF, the VAM 12 has come into its own. In terms of this specimen, Liberty’s cheek does show significant contact marks. The reverse would grade MS65. The tops of all the letters on the obverse are connected by obvious die cracks, making this an interesting late die state. ANACS MS63. |
$106.88 |
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1878-P 8-TF VAM 14 ICGS MS63 (Lot 4010)
The VAM 14 is a “Big Time” variety in strict BU condition. It’s scarce, but available, up through AU, yet in Mint State, the VAM 14 is a seldom encountered rarity. As for specimens higher than the grade offered here, I’m only aware of three or four MS64 examples and no MS65’s. What that means is that this VAM 14 may well be within the Condition Census for the population of this ultra desirable 8-TF variety. Semi Proof-like fields on both sides add to its appeal. At the moment, it’s unlikely that you could find another MS63 for sale in a slab anywhere else. |
$354.38 |
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1878-P 8-TF VAM 14-1 ANACS MS64 (Lot 11001)
Attractive 8-TF specimens are getting harder and harder to find in today’s marketplace, and ever increasing Greysheet prices reflect this popularity. At last week’s Long Beach show, there were hardly any 8-TF examples better than MS62. The VAM 14-1 offered here is a PQ example that’s solid for MS64. Translucent golden-brown toning, nice surfaces and smooth luster add to its allure. |
$337.50 |
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1878-P 8-TF VAM 14-1 PCGS MS61 (Lot 3005)
Less than a million 8-TF coins were struck in 1878 and this initial design has always been highly prized by collectors, even before the advent of variety collecting. The PCGS example offered here is exceptional for the grade, and for those who are interested in obtaining an uncirculated 8-TF example that everyone would agree is a no-question BU, then this PCGS specimen is for you! And note the more desirable old PCGS holder. |
$106.88 |
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1878-P 8-TF VAM 14-10 ANACS MS63 (Lot 12006)
Collectors love the 8-TF VAM 14-10 because it has the same reverse as the VAM 14-1, but is much rarer. Even so, it seldom gets the respect it deserves. This Mint State example is near the top of the condition census for the 14-10, with full luster, white surfaces, and lots of Mint frost. It’s safe to say that any appearance of the VAM 14-13 in this grade is a landmark event! |
$528.75 |
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1878-P 8-TF VAM 14-14 ANACS VF35 (Lot 4013)
A drum roll please…. Here is one of the legendary 8-TF ultra-rarities, which is on everybody’s Want List, the VAM 14-14. There are probably less that 25 specimens known in all grades, and even fewer will find their way into a slab. Tilt the reverse of this VF under a light, and the original PL surfaces are evident. Super scarce. |
$646.88 |
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1878-P 8-TF VAM 14-16 ANACS Net MS60 (Lot 11003)
In the minds of collectors, net grading is normally the “kiss-of-death.” Rightly so, but there are a few instances when the problem does little to distract from the coin, itself. That’s the case here, where the Mint State obverse could easily grade a full MS62, and the reverse, which shows some hairlines on the highly proof-like surfaces, is attractive, as well. Overall this is a major rarity, and you’d have to see it to believe how much eye appeal it has! |
$1,125.00 |
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1878-P 8-TF VAM 14-1A PCGS MS62 (Lot 4011)
Up until the last two or three years, I considered the VAM 14-1A to be one of the clashed die varieties that shouldn’t really have its own listing. Why? Because there were no specimens WITHOUT evidence of clashing. However, that viewpoint instantly changed with the discovery of an early die state VAM 14-1 with no clashing. Only three or four of those EDS specimens are now known. As for the late die variety which is offered here, it remains as common as ever. But its appeal is the old PCGS holder and thus the conservative grading. Low Minimum Bid in a PCGS slab. |
$114.48 |
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1878-P 8-TF VAM 14-2 ANACS MS63 (Lot OD020)
VAM 14-2 can be found in at least two important die states. The first is the ultra-rare Deep Mirror Proof-Like, which of course represents the first strikes. The late die state shows two-clashes with a spectacular die crack running all the way down from the back of Liberty’s bonnet into the field and down into the hair above the right fourth star. This specimen is the late die state variety. Bright luster, smooth cheek, and nice eye appeal make this one a solid Late Die State MS63. |
$135.00 |
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1878-P 8-TF VAM 14-4 NGC MS64 (Lot 11002)
Whenever and wherever the 8-TF VAM 14-4 is offered for sale, it captures the attention of collectors. As an 8-TF variety, it is a legendary rarity in anything approaching MS64 and this specimen reaches that high plateau in an NGC holder! Lots of luster, plenty of mint frost and a reverse “to die for” make this example worthy of the finest collection. |
$1,012.50 |
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1878-P 8-TF VAM 14.1 PCGS MS63 (Lot 26002)
Here is the second of three straight PCGS MS63 8-TF examples, and it’s a beauty! Booming luster and outstanding surfaces take this VAM 14.1 specimen all the way to the top of the grade range. And with a Reserve Price so low that it doesn’t even reflect the PGCS slab fees, this coin might draw lots of bidding. |
$135.00 |
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1878-P 8-TF VAM 14.5 ANACS AU50 (Lot 2006)
Let’s begin by talking about rarity. The VAM 14.5 is a major rarity in any condition, including low grade circulated grades. And the finest known is only AU58. (Yes, there is one MS60, but the original owner told me it was, in his opinion, as much an AU58 as an MS60.) So, in order to complete an 8-TF Set, the best one could hope for is some level of AU VAM 14.5. The variety itself can be identified by the die scratch through the “A” of STATES on the reverse (like the VAM 7) and the non-tripled “E” of E PLURIBUS on the obverse. And locking in the attribution is Liberty’s incomplete nostril on the VAM 14.5. In terms of condition, I would note that the surfaces show considerable contact, but little wear. However, this is a circulated coin. When tilted in the light, the obverse shows off the original proof-like surfaces in the recessed areas around the perimeter. If asked, I would say that this specimen will not cross over into a PCGS slab. But if you’re interested in owning an example of one of the 8-TF ultra-rarities, then this might be the coin for you. And best of all, it’s priced right! |
$759.38 |
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1878-P 8-TF VAM 15 ANACS MS62 PL (Lot 4014)
The VAM 15 is one of the superstars of the TOP 100. It has been sought after for more than two decades, and in the early days of 8-TF specialization, it was so highly regarded that several collectors focused on this variety exclusively. Fast forward to today, and it’s still on the Hit Lists of most VAM collectors. This specimen, with its Proof-Like surfaces, needle-sharp strike, and concave reflective reverse, is impressive for an MS62, and it’s an important offering in this auction. The RCI TOP 100 Value Guide lists the VAM 15 in MS62PL at $1000+. |
$646.88 |
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1878-P 8-TF VAM 16 ANACS MS64 (Lot 6005)
Collectors find the VAM 16 a bit of an anomaly. It’s customarily listed among the “common” 8-TFs, but when it’s time to acquire one, most find it surprisingly difficult to obtain a decent specimen. In fact, this cataloger has found it missing from several collections that were otherwise well populated with scarcer coins. Well, this specimen is outstanding, with its booming luster for a VAM 16, its strong strike, and its minimum of surface marks. The buyer of this coin will enjoy it as a show-piece. |
$275.63 |
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1878-P 8-TF VAM 16 NGC MS63 (Lot 12007)
The 8-TF VAM 16 is one of those varieties that you think isn’t scarce, but wait till you try to locate one when you need it. It’s harder than you think! Also worth mentioning is that this VAM 16 is the later die state with a chunk of metal on the left outside of the first “8” in the date. And the dramatic doubling and tripling on the left obverse stars is eye-popping! In terms of condition, this specimen has full luster and creamy luster on both sides. |
$146.25 |
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1878-P 8-TF VAM 16 PCGS MS63 (Lot 26003)
The 1878-P VAM 16, with its st rongly tripled obverse stars, is one of the most under-appreciated 8-TF varieties. It doesn’t match up with the ultra-rarities, but it is certainly much scarcer than the commonly encountered varieties like the VAM 17. That said, this particular specimen is simply outstanding, with excellent mint frost and clean surfaces. Indeed, it would be hard to find a better MS63 example of any 8-TF variety! |
$157.50 |
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1878-P 8-TF VAM 17 ANACS MS63 Obverse DMPL (Lot OD111)
ANACS did the hobby a favor in the 1990’s when they put Obverse PL and Obverse DMPL designations on their labels. As all 8-TF specialists know, this particular set is filled with one-sided PLs and DMPLs. In any case, one look at the front of this coin and you’ll fall in love with the mirror-like fields that are so deep you could shave in them. And they’re almost mark free as well. This is one incredible coin! |
$140.63 |
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1878-P 8-TF VAM 17 PCGS MS64 (Lot 9006)
The VAM 17 is often encountered at coin shows and numismatic auctions, but it’s safe to say that NO 8-TF variety could be called “common” in the PQ condition of this specimen. Liberty is frosty, the obverse fields are quite reflective, and there’s hardly a noticeable mark on the reverse. So, we couldn’t help but include it in this month’s VAMquest auction! Simply put, if you’re looking for a nice 8-TF example for your collection that’s in a PCGS holder and priced right, this may be the coin for you! |
$292.50 |
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1878-P 8-TF VAM 17 PGCS MS62 (Lot 3006)
There’s a reason why collectors like coins in PCGS holders. Take this specimen, for example. Is it an MS62? Yes. But in somebody else’s holder, or as a raw coin in a dealer’s case, this coin is most likely would be an MS63. Sure, there’s contact on Liberty’s cheek, but the rest of the coin showcases its considerable luster and attractive “look.” Enough said, it’s “cheap” at anything near this Minimum Reserve. (If you don’t believe me, check the ads in any Coin World or Numismatic News weekly!) |
$118.13 |
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1878-P 8-TF VAM 18 NGC MS63 (Lot 3007)
VAM 18 is an interesting variety. Specifically, the obverse is an amazing doubled die, with the date and left stars showing huge shifts. This obverse is also shared with VAMs 19 & 20. In terms of die progressions, it’s the VAM 18 that was the middle variety to be struck. This attractive specimen is a lot of coin for the money, and most collectors would describe it as a delightful PQ example. |
$129.38 |
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1878-P 8-TF VAM 19 ANACS MS63 PL (Lot 3008)
As we’ve commented so many times, coins in holders that already say “PL” or “DMPL” may be the best approach, since these designations are so difficult to come by now. And “PL” on the label may be the best opportunity of all, since they’re not listed weekly in the GreySheet. This gorgeous specimen is exactly what I’m talking about. It’s got medium to deep mirrors, frosty devices and nice contrast. And as a collector, I love specimens like this! |
$236.25 |
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1878-P 8-TF VAM 19 NGC MS64 PL (Lot 4015)
There has been much discussion about the fact that in today’s market PL and DMPL designations are virtually impossible to get from the major grading services. Here is a specimen labeled “PL” that might even have a possible shot at DMPL, since it holds up nicely when compared to other pieces designated MS64 DMPL. The difference is important, as the GreySheet lists an MS64 DMPL 8-TF at $4000! Here, the frosty cheek and super fields combine to give this specimen lots of “wow factor.” |
$410.63 |
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1878-P 8-TF VAM 2 ANACS MS63 DMPL (Lot 4001)
If you think that getting a “Proof-Like” designation from any of the major grading services is difficult, just try getting one back with “Deep Mirror Proof-Like” on the label. For that reason, I tend to look for coins already labeled PL or DMPL. Many collectors have the same strategy, so that the appearance of any 8-TF slab with DMPL on it is a noteworthy event. The example offered here is a bit baggy on the obverse, but the mirrors are outstanding, the designs are frosty, and overall, this DMPL coin has lots of eye appeal. Looking for a bargain? How about an 8-TF Morgan with a Minimum Bid of one-half the Greysheet listed value! |
$438.75 |
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1878-P 8-TF VAM 2 NGC MS63 DMPL (Lot 6001)
As a grade, MS63 DMPL is now a primary target of many collectors. Why? There are two reasons. First, collectors are hard-pressed to get any 8-TF specimen into a DMPL holder in today’s market. And secondly, the difference between MS63 DMPL at $600 and MS64 DMPL at $4000 is a huge jump in price. This NGC 8-TF DMPL example lives up to its billing, with dramatic peripheral golden toning that accents the frosty devices and the deep mirrors. And the gorgeous reverse would be MS65 in anybody’s book! |
$461.25 |
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1878-P 8-TF VAM 20 NGC MS63 (Lot 2008)
VAMs 15 to VAM 23, as part of the transition from 8-TF to 7-TF production, represent some of the most interesting 8-TF varieties dated 1878. And if you like breath-taking doubled dies, VAMs 18, 19 and 20 offer the biggest shift on the numerals of the date in the entire Morgan dollar series. All three are desirable, but it is the VAM 20 which really stands out in terms of rarity. In fact, it may actually be rarer than the VAM 23, which is a TOP 100 superstar! As evidence, look at dealers’ ads that include many 1878’s. Rarely do you find a VAM 20 listed. This HOT 50 example, which only shows a few marks here and there, is a delightful all-white specimen that will undoubtedly find a home in a first-rate VAM collection. |
$253.13 |
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1878-P 8-TF VAM 21 ANACS MS64 (Lot 10003)
Many specialists consider 8-TF Morgans among the most desirable stars in the VAM firmament. And rightly so! The total original mintage of the 8-TF reverse type is thought to be less than a million, and that’s spread over 40+ different varieties! So, any 8-TF variety theoretically is at least scarce, and often is ultra-rare. The high grade 8-TF specimen offered here is in an ANACS MS64 holder, with a Greysheet value of $292 Bid and $315 Ask. Also worth mentioning is the fact that another common date 8TF specimen sold on EBay this week for $510. Now, look at the price here for this attractive example. |
$196.88 |
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1878-P 8-TF VAM 21 NGC MS64 PL (Lot 3009)
This coin was purchased at auction at a price far in excess of its Sheet value. Why? It has everything a collector would want in an MS64. And in addition, it has Proof-like surfaces, which at the risk of beating a dead horse, the PL designation on the holder is currently worth its weight in gold! This high end NGC specimen is attractive with lots of luster. |
$365.63 |
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1878-P 8-TF VAM 21 PCGS MS63 (Lot 4016)
There’s no denying it – The VAM 21 is one of the most common 8-TF varieties. But the fact that it’s in a PCGS holder and it’s priced right are two big factors that raise it a couple of notches on the desirability scale. But more importantly, what this discussion has left out is the fact that this coin is a stunning 8-TF specimen, that would be create excitement regardless of the VAM number. Golden toning around the periphery and lustrous surfaces make this one a perfect candidate to put away for the future. That may be why PCGS MS63’s bring such high prices on venues like EBay. |
$135.00 |
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1878-P 8-TF VAM 21 PCGS MS63 (Lot 5002)
Is there such a thing as a “common” 8-TF? No, but the VAM 21 comes as close as you can get, because it’s often seen. Of course, if someone asked you to acquire one today, you might have some trouble doing it. Nevertheless, at one end of the rarity spectrum are all the 8-TF ultra-rarities, and at the other end are VAMs 6, 17 & 21. That said, the price for any 8-TF has consistently climbed upward over the last decade, and the Greysheet now lists raw MS63 specimens at $132 Bid/$142 Ask. As for this PCGS VAM 21, it’s outstanding for the grade. |
$151.88 |
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1878-P 8-TF VAM 22 PCGS MS61 (Lot 2010)
Specialists have caught on to exactly how rare the VAM 22 is, and prices have risen commensurately. For instance, in today’s Coin World publication (Dec 26, 2006), a dealer lists an MS64 at $875. The example here is a no-question Mint State specimen of this HOT 50 variety, and it’s PQ for the grade. Also noted is the SPL obverse, the PL reverse, and the clearly visible variety features. |
$112.50 |
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1878-P 8-TF VAM 22 PCGS MS63 (Lot 26004)
Okay, there are some 8-TF varieties you occasionally see in a PCGS MS63 holder, but the VAM 22 HOT 50 variety is not one of them! Think about it. When was the last time you saw a VAM 22 specimen in an MS63 PCGS slab? The finest known only grades MS64! This example has remarkable toning around the perimeter, which serves as a counterpoint to the white, frosty image of Liberty at the center. And the effect is impressive! No doubt, the buyer of this specimen will have acquired quite a prize. Very scarce, particularly in a PCGS holder. |
$225.00 |
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1878-P 8-TF VAM 22(A) ANACS MS64 (Lot 12009)
The 8-TF VAM 22 is interesting for its unique over-polishing of LIB in LIBERTY. This feature makes identification quite easy. The only problem is locating a first-rate example. An MS64 NGC specimen was recently offered for over a thousand dollars on EBay, and there are other instances of pie-in-the-sky pricing for this scarce HOT 50 variety. Put the coin offered here under a light and you’ll marvel at its eye appeal. White, lustrous surfaces with a hint of toning at the rims serve to accent its eye appeal! |
$253.13 |
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1878-P 8-TF VAM 23 ANACS MS63 PL (Lot 6007)
The VAM 23 8-TF variety has been one of the super-stars of the Morgan dollar series for more than two decades. Liberty’s profile, nose, lips and chin show such incredible doubling that the variety long ago developed a strong following among specialists and novices, alike. This specimen, which has a few marks on the obverse and almost no marks on the reverse, is breath-taking. And the reverse is a full deep mirror Proof-like with incredible contrast. Too good to pass up! |
$275.63 |
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1878-P 8-TF VAM 23 ANACS MS64 PL (Lot 9007)
For those on a quest for spectacular 8TF and/or doubled die obverse varieties, this VAM 23 fits the bill perfectly. Liberty’s nose, lips and chin show some of the best doubling on any Morgan dollar. Want more? The label on this slab indicates a two-sided “Proof-like,” which is a designation that’s hard-to-get from any of the grading services these days. And what about the grade? MS64 is top of the line for this variety, which makes the outstanding TOP 100 specimen offered here one of the finest known. |
$506.25 |
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1878-P 8-TF VAM 2A NGC MS62 (Lot 4002)
This writer doesn’t give much credence to some of the clashed die listings for the 8-TF set. The reason is this: I’m not aware of any specimens of these same varieties that are NOT clashed. So, why give a clashed listing to varieties where there are no unclashed examples? That said, the VAM 2 certainly does exist with and without clashing (see Lot #1 in this auction), making the VAM 2A an important rarity. In fact, the total known population of the VAM 2A is probably less than fifteen. This NGC slabbed piece, while showing some contact on the cheek, has smooth surfaces and golden overtones. The result is an attractive example of a very rare sub-variety that’s missing from most collectors’ sets. |
$219.38 |
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1878-P 8-TF VAM 3 ANACS MS64 PL (Lot 3001)
Trying to get “Proof-Like” designations for coins these days can be an exercise in futility. That’s why I tell collectors to buy coins in holders that already say “PL.” And MS64 is a prime grade for such a strategy. Why? Since “PL” listings are not included in the weekly Greysheet, Proof-Like premiums tend to be severely depressed. That’s the opportunity here! This Proof-Like VAM 3 is such an early die state that you can clearly see the spike in Liberty’s eye, as well as other obscure details. One mark in the obverse field may be all that keeps it from a higher grade. A white cheek and super reflective fields make this a standout coin. |
$331.88 |
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1878-P 8-TF VAM 3 ANACS MS64 PL (Lot 4003)
Residing in an MS64 Proof-like holder, this is the top graded VAM 3 we’ve offered so far in one of our auctions. And if you’re a connoisseur of toning, the dramatic golden brown colors around the periphery of both obverse and reverse are sure to fire your imagination. Add in the fact that this top end specimen has beautiful underlying Proof-Like fields, and you can see why we’re so pleased to offer this highly desirable VAM 3 specimen here. |
$365.63 |
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1878-P 8-TF VAM 3 NGC MS63 (Lot 2002)
The 8-TF VAM 3 variety has what is called an A1-c reverse. This is important only because many of the rarest, most celebrated VAMs in the 8-TF set have this particular reverse. So careful attribution is important. Although the VAM 3 is not among those ultra-rarities, it is considered a very desirable variety in its own right. And this example is particularly nice. It has lots of “eye appeal” and would fit in with the best 8-TF sets. And I must mention the reverse, which would easily grade MS65. Without question, this is a lot of coin for the money! |
$140.63 |
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1878-P 8-TF VAM 3 PCGS MS63 (Lot 26001)
Has anybody else noticed that the market for MS63 8-TF coins seems to have dried up? This week Teletrade had only one ICG Mint State 8-TF listed, and the weekly Heritage auction didn’t have any! We’re not sure where they all went, but here is a solid MS63 VAM 3 specimen that resides in a PCGS holder. A bit of chatter on the lower cheek is all that keeps it from MS64+. And the rest of the coin is that impressive! Nice luster and detail. |
$187.88 |
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1878-P 8-TF VAM 4 SEGS MS63 (Lot 7001)
Here’s an unusual item where the holder may be more important than the coin! Up front, let me say that this 8-TF VAM 4 is in a SEGS slab that says MS63 on the label, but is, in my opinion, a no-question MS61 or MS62. However, it’s in a very rare “Signature Holder.” By way of background, this cataloger was asked to do a few of these slabs for SEGS when they were first getting started. (I did the attribution and they did the grading.) Very few of these holders still exist, and the relationship soon ended. In any case, one or two have appeared on EBay, and they brought large premiums. This item is not for everybody, but if you happen to collect Morgan dollar related items, then here is something a bit out of the ordinary. |
$126.00 |
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1878-P 8-TF VAM 5 ANACS MS64 (Lot 4004)
What can be said about a variety that’s on the Hit List of just about every VAM collector, is tops in desirability and popularity, is a component of the TOP 100, and has variety features to kill for! Not enough? Add in the fact that a VAM 5 in MS64 is so rare that few collectors have seen one this breath-taking. And that’s just some of this coin’s incredible appeal. It’s frosty, lustrous and magnificent. Just owning a VAM like this raises a collection a notch or two! |
$1,068.75 |
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1878-P 8-TF VAM 6 NGC MS64 (Lot 3002)
Semi Proof-like on both obverse and reverse, this attractive NGC MS64 specimen shows contact marks here and there consistent with the grade. Of course, MS64 is nothing to sneeze at, especially when talking about 8-TF specimens! The VAM 6 is unique in that there are three different reed counts known for this variety, but since most of the better VAM 6’s have already been slabbed, there’s no way to go back and count the reeding. In any case, the overall eye appeal of this MS64 coin warrants consideration. |
$298.13 |
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1878-P 8-TF VAM 6 PCGS MS64 (Lot 2003)
Submitted any coins to PCGS lately? If you have, you’ll know how difficult it is to get back an MS64 or better grade on any of your prized VAMs! Here, we offer a common variety in uncommon condition. This VAM 6 specimen has incredible eye appeal for the grade, which is not surprising considering the holder, and although there is some contact on the cheek, the overall “look” of the coin is everything a collector could want. Indeed, a touch of reflectivity on both sides adds to its appeal, and the reverse is particularly nice, with a heavy splash of golden toning. We don’t comment on investment potential, but there are a number of collectors who are buying MS64 specimens like this and putting them away for the future! |
$331.88 |
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1878-P 8-TF VAM 7 ANACS MS63 (Lot 4006)
The 8-TF VAM 7 is interesting because it shares the same reverse with the ultra-rare VAM 14-5. So, a careful check of reverse/obverse features is well worth the effort. As to its availability, the VAM 7 is normally common up through MS62, but the population quickly thins out in MS63. And in MS64, the variety is actually quite scarce. On this specimen, the contact on Liberty’s cheek precludes an MS64 grade, but the obverse fields show almost no marks, and the reverse would grade at least MS64. The combination of a holder labeled MS63 and a Minimum Bid of less than $100 give this item a lot of potential. |
$135.00 |
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1878-P 8-TF VAM 7 NGC MS61 (Lot 12004)
Over the years, a number of collectors have commented to me that VAM 7 specimens seem to “look funny.” What they’re referring to is the frosty surfaces that make the luster look subdued. This must have spooked the graders at NGC as well, since they assigned it an MS61 grade. Actually, such heavy frost is an appealing attribute about the VAM 7. But in any case, at MS61 this is a lot of coin for the money! |
$106.88 |
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1878-P 8-TF VAM 9 NGC AU50 (Lot 6003)
Prior to entering circulation, this coin was undoubtedly an Early Strike with Deep Mirror Proof-Like fields, which is confirmed by the highly reflective surfaces in the protected areas around the periphery. And there’s no evidence of the clashing found on later die states. Of course, the most important aspect to the VAM 9 is its historical cachet as the first die pair to strike Morgan dollars in March of 1878. In terms of value, the VAMview Value Guide lists an AU at $1200, and the TOP 100 Value Guide shows the AU50 at $1300. The bottom line? This attractive example looks like quite a bargain at anything near the current Minimum Bid of $550! |
$618.75 |
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1878-P 8TF VAM 12 PCGS MS62 (Lot 22002)
Don’t get me wrong, I’m not arguing with the grade. It’s just that this 1878 8TF VAM 12 could easily have been a MS63 Proof-like in the not so distant past. In fact, MS63 DMPL wouldn’t have been out of the question! In any case, this is a stunning specimen to end up in a PCGS MS62 holder. Frosty devices and nice contrast add up to an exciting 8-TF specimen. And it’s especially nice for a VAM 12, which is seldom encountered with reflective surfaces like this. White devices, incredible mirrors and nice luster. |
$208.13 |
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1878-P 8TF VAM 14-19 SEGS VF-30 Cleaned (Lot 13001)
We just couldn’t pass up the chance to offer an 8TF VAM 14-19 in one of our auctions in any condition. Heritage probably hasn’t had one to auction, and it’s likely no one else has, either. How rare is the VAM 14-19? We estimate that there are only seven or eight examples to satisfy thousands of VAM collectors, and every known specimen is circulated. In fact, most are very low grade and most are damaged. Which brings us to the coin offered here: Yes, it’s impaired, and while it’s in a VF30 holder, there are a couple of small, but severe, scratches in front of the nose. (Even without the marks, we would grade it no better than Fine.) But yes, there is some good news – this specimen looks surprisingly nice at arm’s length. But the scratches through a 16x loop make it an Ugly Betty. That said, if it wasn’t one of the supreme ultra-rarities in the 1878 8TF set, we normally wouldn’t give it a second glance. However, given its desirability, we are pleased to offer this VAM 14-19 specimen, which represents an amazing opportunity for the right buyer! |
$1,755.00 |
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1878-P 8TF VAM 14.12 ANACS MS61 DMPL (Lot 16004)
A good 20% of the known 1878 8TF die pairs are ultra-rare, and that’s part of the appeal of the 8TF Set. Considering all these ultra-rare varieties, the VAM 14.12 ranks among the rarest of these rarities. In fact, it’s estimated that around ten specimens exist in all grades! So, for most of the world’s 8TF specialists, VAM 14.12 remains a missing slot. In fact, VAMview shows no recorded sales at all! The specimen offered here has deeply mirrored surfaces and a frosty, attractive cheek on Liberty. There are contact marks in the field which the DMPL surfaces tend to accentuate, but this ultra-rare example is a spectacular coin in an unheard-of grade. In fact, it is better than this cataloger’s own specimen, which is PCGS AU55! |
$9,675.00 |
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1878-P 8TF VAM 14.13 PCGS XF40 (Lot 22001)
It’s getting to be a tradition here at VAMquest Auctions that we start off with a coin where the “Wow Factor” is off the charts. This time around we offer an ultra-rare 1878 VAM 14.13 in PCGS XF40. The amazing thing about this coin (besides its rarity) is its conservative grade. How many XF40’s have you seen with Proof-Like surfaces around the entire perimeter of the coin? Although you can’t see it in the accompanying photos, it’s there! In fact, holding this coin in person, you probably wouldn’t argue if the slab was labeled XF45 or better. Solid for the PCGS grade and without question ultra-rare. |
$4,050.00 |
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1878-P 8TF VAM 14.16 NGC MS62 (Lot 25004)
VAMquest Auctions is proud to offer an incredible 8TF VAM 14.16 specimen in an NGC MS62 holder! As a superstar in the 1878 8TF Set, this ultra-rare variety is a key component of the HOT 50 listings and is highly prized in any grade. But few collectors have ever seen one in strict Mint State condition. What kind of quality are we talking about? This example, which has the “look” of an even higher grade, is simply breathtaking! Indeed, it’s a landmark event to offer a rarity like this MS62 VAM 14.16, and coins like this become centerpieces for high power collections. We’ve said before that our mission is to offer varieties that simply can’t be found in these grades anywhere else. Well, here is a case in point! |
$3,262.50 |
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1878-P 8TF VAM 14.4 ANACS MS64 (Lot 16003)
When viewing the deep-dish DMPL reverse found on this variety, most silver dollar collectors are simply awe-struck! Indeed, the VAM 14.4 is one of my favorite 8TF varieties, and large numbers of specialists share this view. Best of all, the VAM 14.4 is usually are found in Mint State condition (most often in MS61 to MS63) and frequently displays attractive surfaces. These are high standards, buy this VAMquest example is even better. White frosty surfaces on the obverse, minimal surface marks and across-the-room mirrors on the reverse make this VAM 14.4 a top-of-the-line stunner! |
$869.63 |
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1878-P 8TF VAM 17 NGC MS64 (Lot 13002)
VAM 17, as one of the more common of the 8-TF varieties, is often encountered at coin shows and numismatic auctions. But it’s safe to say that NO 8-TF variety should be called common in NGC MS64 condition. In fact, the listed Greysheet price of an 8TF in MS64 just went up $25 this week! Here, Liberty is frosty and the fields are quite Proof-Like on the obverse, and there is hardly a single noticeable mark on the reverse. So, if you’re looking for a solid 8-TF example for your collection that’s priced right, here’s the coin for you! |
$281.25 |
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1878-P 8TF VAM 3 PCGS MS62 PL (Lot 16001)
This is exactly the type of coin that many astute collectors are now picking up. Why? It meets all the criteria for the long haul. (1) It’s in a PCGS holder, (2) It says “Proof-Like” on the label, (3) Today’s Proof-Likes are yesterday’s DMPLs, and this coin looks DMPL! (4) Nice MS62s are an interesting play, since the Greysheet only lists MS60 and MS63 grades, (5) PLs are appealing, since the Greysheet only lists DMPLs and not PL coins, and (6) this coin is conservatively graded and would most likely be in someone else’s MS63 or MS64 holder. Having said all that, we offer this highly attractive Proof-Like specimen, an example which is more than solid for the grade! |
$196.88 |
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1878-P 8TF VAM 3 PCGS MS63 (Lot 25002)
8TF collectors are often drawn to VAM 3 specimens, because they tend to be so attractive. At least part of the reason is that this obverse enjoyed a relatively short die life, so many examples are almost pristine in appearance. To explain this short production run, we simply have to observe the prominent die crack that encircles the entire obverse, even on early die state proof-like specimens. Here, the surfaces of both obverse and reverse are semi Proof-like by today’s standards, but would have easily been a full Proof-like in years past. And talk about appearance! This PCGS MS63 example is simply gorgeous for the grade, with the “look” of an MS64PL. Out of the dozen or so 8TF specimens available to us for this auction, we chose this one because it was the best! |
$180.00 |
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1878-P 8TF VAM 8 PCGS MS61 (Lot 25003)
There are a few rarities in the 8TF Set that don’t get the respect they deserve, and the VAM 8 stands out as something of a “Rodney Dangerfield” coin that’s much rarer than most collectors realize. Try to find a strict Mint State specimen, and your eyes will be opened as to its actual scarcity! And this no-questions-asked PCGS MS61, which has contact on Liberty’s cheek consistent with the grade, is a shimmering jewel with semi Proof-like fields on both obverse and reverse, sharp detail, and an amazing reverse that looks MS65. Simply put, we believe it’s unimprovable for the grade! |
$253.13 |
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1878-P 8TF VAM 9 ANACS AU53 (Lot 16002)
We all know that the 1878-P VAM 9 was the first die pair used in to strike Morgan dollars in 1878, and how Pete Bishal was the first to suggest that what we call VAM 9 was the first die pair used. Indeed, it was an amazing piece of detective work! Now, as the rest of us continue to enjoy the fruits of his research, we realize just how scarce the VAM 9 is, particularly in AU or better condition. Here, this consignor’s rare AU53 displays lots of detail with much remaining luster. |
$568.13 |
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1878-P Rev79 VAM 202A PCGS MS62 (Lot 23006)
Prior to the publication of the new 1878 Reverse of ’79 Attribution Guide earlier this year, the Rev79 VAMs represented something of a black hole in the collecting i nterests of collectors. The reason has been that it’s so maddeningly difficult to distinguish the different varieties. Now there’s quick-and-easy help for attributing the set, and we anticipate lots of collectors joining in the chase for scarce Rev79 varieties. The VAM 202A offered here is the clashed die late die state of the VAM 202. It’s not yet clear how rare the variety is, but it’s certainly scarcer than the regular VAM 202. Furthermore, any Rev79 specimen already in a PCGS holder is certainly desirable, especially with the blazing luster and sharp detail of this specimen.
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$130.62 |
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1878-P Rev79 VAM 221 NGC MS64 (Lot 12016)
There is a bit of bewilderment for collectors when it comes to the so-called 1878-P Reverse of ’79 varieties. Why? Sheer numbers! Only 13 were listed in the original VAM Book, but now the number has more than doubled, and the problem is that many of the new ones can be quite difficult to identify. VAM 221 is one of the original listed varieties, and has no broken point on the #4 Star to the right of the date and the reverse is doubled on the inside of the “U” of UNITED. The sub-variety offered here has a faint die chip on the leading edge of Liberty’s forehead. What’s exciting is the “look” of the coin. There’s golden toning around the periphery on the obverse and reverse, the coin is quite lustrous. Check the Greysheet price on this one! |
$331.88 |
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1878-P VAM 122 ANACS AU50 (Lot 22008)
Those who specialize in 1878-P 7TF’s are aware that the VAM 122 is a “sleeper” in the set. It displays major doubling along the top of the “R” in PLURIBUS, and the first star to the right of the date is strongly doubled. Besides the unique doubling, the variety is tough to find in any grade. Indeed, this cataloger is not aware of a single Mint State example. Condition-wise this specimen shows lots of contact, yes, lots of contact, but the luster remains strong and overall, the coin is more than presentable for the grade. The question is this – when was the last time you saw an 1878 VAM 122! Being sold at a give-away price. |
$96.75 |
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1878-S Unattributed NGC MS63 (Lot 32008)
The idea with this lot was to allow those collectors without the backing of the Rockefeller family to have something incredible to bid on. With a Minimum Bid of $25, this 1878-S in NGC MS63 is a fraction of the Greysheet value and quite a bargain! But more importantly, the coin is “all there” for MS63. |
$49.50 |
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1878-S VAM 16(A) ANACS MS64 (Lot 12017)
Judging from the exorbitant prices 1878-S varieties fetch on EBay these days, their popularity seems to be exploding like a volcano! One of the more interesting varieties is the VAM 16, with its strong doubled die obverse and its extremely long die scratch on the eagle’s right wing. This specimen is a beauty, with booming luster and abundant eye appeal. You couldn’t do better than this! |
$95.63 |
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1878-S VAM 22 ANACS MS62 (Lot 22011)
A number of Morgan dollar varieties have strong obverse doubled dies, but few can match the 1878-S VAM 22. The shift on “LIB” in LIBERTY is simply amazing. And there’s more! VAM 22 is very scarce in all grades, but particularly in Mint State. The specimen offered here is an attractive MS62, and while it shows some possible tiny cleaning marks on the surface (ANACS didn’t think so), this VAM 22 is most likely one of the finest currently known. |
$322.88 |
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1878-S VAM 22 PCGS AU55 (Lot 20010)
The 1878-S VAM 22 has always been considered a significant rarity. And the fact that the same dramatic “Doubled RIB” obverse was listed in the VAM Book with a different reverse has long fascinated VAM collectors. The unmistakable VAM 22 Reverse has the “S” mintmark shifted far to the left. On this specimen, there’s a bit of surface contact consistent with PCGS standards, but the highly lustrous surfaces and semi Proof-like fields make this one something special. How rare is it? A well-known dealer had a Mint State specimen listed several weeks ago at $2000+. This PCGS coin is a bit cheaper... |
$168.75 |
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1878-S VAM 27 B1 Rev ANACS AU55 (Lot 12018)
VAM collecting legends begin with 1878-S “Long Nock” varieties, and most are usually found in grades from Good to Very Fine. Here is a specimen graded by ANACS as AU55, which puts it grade-wise at the top of the class. However, one impairment is noted – a scratch that runs vertically in the obverse field. How bad is it? Not bad enough for ANACS to mark down the grade, but it IS noteworthy. In all other respects this coin is among the best of the “Long Nock” specimens. It has sharp detail and abundant luster. Ultra-rare. |
$416.25 |
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1878-S VAM 29 NGC MS63 (Lot 6019)
The VAM 29 is a particularly fascinating 78-S variety, with awesome pitting on the surface of the letters in UNITED on the reverse. The letters look sand-blasted. Remember that the raised features on the struck coin were the recessed features on the original die, so some corrosive substance apparently got into these recesses to produce this amazing effect. Seen the prices for interesting 78-S varieties on EBay lately? Whoa! Here, semi Proof-Like surfaces on both sides of the coin add to its allure. |
$114.75 |
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1878-S VAM 40 NGC MS63 (Lot 4024)
The 1878-S varieties are now starting to come into their own. With reserves of 8-TF, 7/8-TF and 7-TF specimens nearing exhaustion, 78-S varieties are the next logical direction. And here is a seldom seen variety, the VAM 40, which has a vertical line in Liberty’s eye and a series of die chips below and behind the eye. Then, to lock in the attribution on the reverse, there is a die scratch on top of the ribbon bow. I’ve never seen one of these offered for sale. As for the condition, this specimen, which has extremely frosty devices and very few marks, is simply gorgeous for a standard MS63. |
$67.50 |
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1878-S VAM 5 PCGS MS62 PL (Lot 13006)
There is a great deal of research going into the 1878-S series in order to bring the level of information up to that of the 1878-P 7TF and 8TF series. So it’s understandable that collectors are now salting away nice specimens. Of course, it’s important which varieties are being saved. The VAM 5 is an exciting doubled die, with the letters in LIBERTY and features in the head-dress doubled and tripled. And best of all, this MS62 specimen is in a PCGS holder that indicates it has full Proof-like surfaces on both sides of the coin. |
$146.25 |
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1878-S VAM 5 NGC MS64 (Lot 2024)
This “Tripled Eyelid” variety is an outstanding doubled die, with doubling on Liberty’s lower hair, nostril, lips, chin and neck. Even the tops of the cotton leaves in Liberty’s head-dress are doubled. And there’s more. The “spike” under the eyelid is reminiscent of a Philadelphia Mint 8-TF variety! If you’re a fan of doubled dies, then the VAM 5 is for you. This specimen is solid for the grade with a nice strike, strong details and excellent luster on the obverse. The reverse is heavily toned with dark blues and a touch of pink mixed in. Toning fanatics will go crazy for this reverse. And good 1878-S varieties have been bringing huge premiums on EBay. |
$106.88 |
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1878-S VAM 5 PCGS MS62 PL (Lot 10021)
One of the hottest segments of the current VAM market is the 1878-S Set. There are now more than a hundred different varieties that have been cataloged, and the excitement level is still rising! The VAM 5, with its dramatic doubled die obverse, is a superstar in the making. Above the date, Liberty’s hair is strongly doubled, as are many of the other obverse features, including Liberty’s nose, lips and chin. If you don’t collect 1878-S VAMs, then this one is a great place to start. And it’s already in a PCGS MS62 Proof-Like holder.
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$95.63 |
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1878-S VAM 50 ANACS AU50 (Lot 28011)
The 1878-S VAM 50 is a new star in the pantheon of VAM collecting. With its “Lava Wing” reverse and a tripled eye obverse, this variety was a shoe-in for inclusion in the newly released Hit List 40. This is the first one we’ve handled, and prices are all over the board for this variety, as we’ve seen BU’s listed in the thousands (which is ridiculous!). This example has plenty of luster and reflective surfaces on the reverse, and would fit nicely into one of the Hit List 40 sets currently being assembled. |
$185.63 |
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1878-S VAM 50 ANACS AU53 (Lot 19012)
Some varieties seem to sell themselves. Long before the listings for the HIT LIST were compiled, the 1878-S VAM 50, with its Tripled Eye, produced buzz everywhere you went in the VAM world. There was a mad dash to acquire the occasional specimen that entered the marketplace and large premiums were associated with this variety. Want specifics? One well known dealer is listing an MS63 for $2200 in his catalog. Now that’s a premium! In terms of condition, there are lots of bag marks on the obverse, but the Minimum Bid for this rare coin is only $75! ‘Nuff said… |
$174.38 |
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1878-S VAM 58 B1 Rev ANACS VF20 (Lot 12019)
This cataloger spent years trying to find a 78-S VAM 58 specimen. It’s not that it’s hard to identify. The huge “spike” in front of Liberty’s eye, just under the eyelid makes it quite easy to spot. The problem was that few, if any, specimens grade better than Very Good or Fine. All 1878-S B1 Reverse varieties are rare, but the VAM 58 is super rare! What’s interesting here is the fact that this example shows the tell-tale remains of underlying proof-like surfaces, which is highly unusual. Quite under-valued at these levels. |
$326.25 |
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1878-S VAM 6 PCGS MS64 PL (Lot 18013)
Of the more than 110 different die varieties known for the 1878-S Set, only two are presently regarded as heavy premium varieties. The first is the VAM 22 and the second is the VAM 6, and coincidentally, both display spectacular doubling on E PLURIBUS. The VAM 6, which is offered here, is the more common of the two, but both are in constant demand, especially in PCGS holders. This VAM 6 example has a couple of hits and some striations on Liberty’s cheek, but the striations are Mint made and technically do not detract from the grade. Quite attractive and priced right. |
$451.13 |
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1878-S VAM 62 "Long Nock" in ANACS VF25 (Lot 7017)
Since the 1980’s, 1878-S “Long Nock” Morgans have been something of a battle cry for collectors. Every one of the six known varieties is exceedingly rare, but the more recently discovered VAM 62 is among the rarest and most desirable! Sharing the same obverse as the VAM 56, it can be difficult to attribute. Indeed, the ANACS holder here says “VAM 56.” But be assured this is a VAM 62. We guarantee it! In terms of availability, this variety is one of the two rarest 78-S Long Nock varieties, and low grades are the rule. In fact, we are unaware of any specimen even approaching a BU grade. Also note this is NOT a net-graded coin, which is the case for more than 50% of the 1878-S Long Nock specimens that enter the marketplace. |
$461.25 |
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1879-CC VAM 3 PCGS MS61 (Lot 31005)
The 1879-CC “Capped Die” variety is a fascinating example of the Mint taking a reverse die made in one year, effacing the mintmark, and then using it the following year. This Top 100 rarity is in great demand, particularly in a PCGS holder. Why is the slab vitally important? When it comes to expensive coins like this 1879-CC, collectors tend to gravitate to the security of PCGS holders, particularly in the pivotal grade of MS61, where the grade has to be spot-on. Here, we’re offering a highly lustrous Key Date 1879-CC example for the silver dollar collector who is seeking an exciting BU, but don’t have the $5000+ to spend on a less attractive MS63 specimen. Although there’s no listing in MS61, the Greysheet (3/19/10) lists this coin in MS60 at $3000 Bid/$3300 Ask. |
$3,093.75 |
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1879-O VAM 28 PCGS AU58 (Lot 12021)
Some coins serve to measure the quality of a collection. The 1879-O VAM 28 with O/Horizontal O mintmark is one of those! Its VAM 4 counterpart is rare in its own right, but the VAM 28 is many, many times rarer. In fact, PCGS gives the VAM 28 an extra point in its Registry, which only occurs in a handful of cases. That said, this specimen is simply gorgeous, and at first glance looks like it would grade a full MS63. And of course, there’s no question here if it will crossover to a PCGS holder – it’s already slabbed PCGS AU58. So, here is an exquisite example of an ultra-rare TOP 100 variety that would be the highlight of VAM collections! |
$2,482.88 |
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1879-O VAM 4 ANACS AU58 (Lot 13007)
Everyone loves the 1879-O/Horizontal O variety, and the fact that there are two different obverses with this stunning reverse is only frosting on the cake. By the way, an AU58 specimen of the VAM 28 sold in the last VAMquest Auction for over $2000! And the VAM 4 is highly desirable in its own right. This example shows a touch of golden toning, which is accented by its white surfaces. Lustrous and attractive. |
$140.63 |
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1879-O VAM 4 ANACS AU58 (Lot 16011)
"O/Horizontal O" or "O/O/O" is the question! Nobody knows for sure, but there's no question about the fact that the 1879-O VAM 4 is a highly prized variety. The specimen offered here is particularly nice, with peripheral golden brown toning offsetting the Semi Proof-Like surfaces. This one is a lot of coin for the money! |
$140.63 |
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1879-O VAM 4 ANACS MS60 DMPL (Lot 5009)
Here’s an item that’s quite special, an 1879-O “O/Horizontal O” variety in a DMPL holder. I’m not aware of another VAM 4 specimen that’s slabbed by anybody which says DMPL on the label! In fact, the RCI TOP 100 Value Guide doesn’t list VAM 4 PLs or DMPLs at all. The VAM 4 is a popular TOP 100 variety that is available up through AU, but the population quickly thins out in BU. And with DMPL surfaces, there IS no population. This specimen, which is MS60 because of considerable chatter in the fields, probably wouldn’t crossover to PCGS. What you’re buying here is rarity, a slabbed coin with one-of-a-kind mirrors. |
$360.00 |
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1879-O VAM 4 PCGS MS62 (Lot 23008)
Whether the 1879-O VAM 4 mintmark is an “O/Horizontal O” variety, or an “O/O/O” as some insist, there’s no question about its rarity in Mint State. Commonly found in grades up through AU, the population dramatically thins out in MS60, and in MS62 or above this variety is an important rarity in the TOP 100 listings. This VAM 4, generally frosty white with only a hint of toning around the perimeters, looks better than the typical MS63 from many other grading services. And judging from its lustrous surfaces and incredible detail, this is certainly a premium example. |
$427.50 |
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1879-O/Hor.O VAM 4 SEGS AU58 (Lot 8017)
The 1879-O VAM 4 is a unique variety with its O/Horizontal O mintmark, and as such, generates a lot of excitement whenever it’s offered for sale. It is also a valuable TOP 100 VAM that brings large premiums. In a recent auction, an MS62 example sold for more than $650. Consigned as AU58, this coin, in the opinion of the cataloger, is a beautiful AU55, while the reverse looks BU. There’s lots of luster and the reflective reverse showcases the “O/Horizontal O” variety feature. The result is a specimen that’s superb for AU. |
$112.50 |
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1879-P VAM 1A/37 PCGS AU55 (Lot 7018)
We’ll start off with a wager. We’ll bet there’s not a single person viewing this auction who has ever seen a specimen of this variety, much less ever owned one! What are we talking about? It’s the rare VAM 1A, which Van Allen later renamed VAM 37. To begin, all the stars to the left and right of date are doubled, tripled or quadrupled. This would be more than enough to make this an interesting variety. But on the reverse, it’s the pitting to the right of the ribbon bow that really sets the VAM 1A apart. We should also mention that this 1879-P was submitted to PCGS as a MS62 -- which obviously makes it quite outstanding for the AU55 grade! |
$129.38 |
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1879-S Rev of 78 VAM 39 NGC MS62 (Lot 2026)
It might not be too far fetched to say the 79-S Rev78 varieties somehow came out of the Mint heavily bagmarked! Ever notice that these coins almost always have problems or they grade MS60 to MS61? No wonder MS65 specimens sell for more than $6000. Although sometimes difficult to attribute, fortunately there’s now a book that helps to identify the sixteen coins in the set, and collectors are just starting to pay attention. The coin offered here is a VAM 39 specimen, which is characterized by tiny gouges in the leaves under the “I” of PLURIBUS. Any properly graded 79-S Rev78 coin is scarce, and nice lustrous specimens like this one are particularly desirable in better holders. |
$196.88 |
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1879-S Rev. 78 VAM 9 PCGS MS63 (Lot 19013)
One of the most important sets of Morgan dollar varieties is the 1879-S Reverse of 1878 VAMs. These 1879-S anomalies were the result of using leftover reverse dies from the prior year. Of course, in other years, we wouldn’t know the difference, but 1878-S reverses had “Flat Breasts” and 1879-S reverses had “Round Breasts,” so the difference here was obvious. The scarcity of these Rev.78 varieties is legendary, and the vast majority grade MS62 or lower. So, the PCGS MS63 specimen offered here is something special. Liberty’s cheek is frosted with barely a mark visible, and the overall “look” of both the obverse and reverse are sensational. Why this jewel isn’t in an MS64 holder is beyond us! But we guarantee the buyer of this coin will be thrilled. |
$349.88 |
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1879-S Rev. of ’78 VAM 34 PCGS XF40 (Lot 22013)
This cataloger could count all the 1879-S Rev78 VAM 34’s he’s ever seen on the fingers of one hand. And few of those ever made it into a PCGS holder, due to cleaning or other problems. This heavily toned specimen has one thing that is remarkable. Under the toning is a Proof-like surface! And remember, this is supposed to be an XF40 coin. The obverse is particularly attractive, with peripheral toning and lots of luster. For those trying to complete their 79-S Rev78 Sets, this is an incredible opportunity. |
$95.13 |
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1879-S Rev.78 VAM 39 PCGS MS62 (Lot 25014)
This VAM 39 is the second of three different 1879-S Reverse of ’78 varieties offered in this VAMquest Auction, and all are desirable. The VAM 39 is one of the more common varieties, but any ‘79-S Rev.78 VAM is more than worthwhile in a PCGS holder, and other than the fact that Liberty’s cheek is baggy, which is almost always the case with this variety-type, the rest of the coin, both obverse and reverse, would grade MS64 or better! Outstanding luster and attractive fields combine to make this a highly presentable specimen. Priced right! |
$191.25 |
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1879-S Rev.78 VAM 39 PCGS MS62 (Lot 23009)
We would be inclined to say that the 1879-S Reverse of ’78 varieties are under-appreciated, but lots of collectors must be buying these rarities up, since any MS63 is now worth $300, MS6420is $1,115 and in MS65 it takes a rather large bankroll to pay out $5,600! That said, this specimen with its abundant mint frost and attractive surfaces may be the best deal of all in terms of quality vs. the price you pay. Indeed, this is a super example of the VAM 39. |
$230.63 |
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1879-S Rev.78 VAM 4 PCGS MS61 (Lot 25013)
Like their 1878 Reverse of ’79 counterparts, the 1879-S Reverse of ’78 varieties represent a highly collectible anomaly in the Morgan dollar series. Here, the use of left-over reverse dies from 1878 make these 1879 coins wildly popular with both variety and non-variety collectors alike. The VAM 4 offered here is part of an interesting progression, in which raised dots of metal are visible under the eagle’s right wing where it joins the body. Each variety shows a different amount of “rust spots,” and all are scarce and desirable. In fact, the VAM 4 is particularly scarce, especially in true Mint State condition. In terms of this specimen, Liberty’s cheek is baggy, but the rest of the coin is Condition Census quality! Super luster and reflective fields round out the picture. |
$258.75 |
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1879-S Rev.78 VAM 46 PCGS MS61 (Lot 25015)
Here’s an 1879-S Rev.78 specimen you don’t often see in strict Mint State condition. The VAM 46, with its Broken R reverse, is a much better Rev.78 variety, even though most collectors aren’t aware of this fact! And best of all, this example, with its jewel-like luster, is simply gorgeous for the grade. There’s no question in our minds, that this could be an MS63 in someone else’s holder, and few would argue. And did we mention that the reverse is an amazing Deep-Mirror Proof-like? |
$191.25 |
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1879-S Rev78 VAM 23 ANACS MS61 (Lot 11007)
There are less than 20 different varieties of the popular 1879-S Reverse of ’78 set. One of the better varieties is the VAM 23, which can be identified by its area of die rust spots under the eagle’s right wing (on viewer’s left). How rare is it? Van Allen has assigned it an “R-7” rarity rating, which is as high as it gets! Usually found only in circulated condition, this Mint State specimen was a fabulous find. It has semi-prooflike surfaces which is another plus, and although the photo doesn’t do much for it, it is a lustrous no-question Unc. |
$433.13 |
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1879-S Rev78 VAM 34 NGC XF45 (Lot 14008)
Simply put, the 1879-S Rev78 set of 17 different varieties hasn’t “taken off” like we thought it might. Maybe the coins are too expensive to start with, so the varieties are less appealing. But there are a number of stalwart collectors who specialize in the set, and they know what a major rarity the VAM 34 is, especially in an NGC or PCGS holder. The key diagnostic here is a grouping of three tiny diagonal polishing lines inside the bottom of the “T” in LIBERTY. And of interest to those specializing in die states is the fact that the surfaces on this XF45 specimen still show signs of reflectivity, indicating it was a PL example in Mint State. Rarely, if ever, offered. |
$112.50 |
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*Price includes the buyers premium.
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