1878-P VAM-116 Doubled P

Discovered by Leroy Van Allen, December 1965. Revised 2007.

This coin is a Hit List 40 Morgan VAM and this coin is also a Top 30 1878 Variety

116(revised) II/I 18 - B2a ( Doubled P) (180,179) I-4 R-4
Obverse II/I 18 - Type II LIBERTY. Doubled P, L, R, and B in PLURIBUS, left stars, 1-4 right stars. 1 doubled at top right and right 8 doubled at lower left and bottom inside and top left outside of lower loop. Die flake near hair line behind eye with die scratch leading to hair. Two tiny die chips at back of jaw-neck junction. ( Also 140 which is earlier die state.) Key identifier - Bulge at right of P loop and die flake and line behind eye.
Reverse B2a - Fairly full feather between eagle's right wing and leg.

Comments:
1- The earliest die state of this obverse is 1878-P VAM-140. This variety has the parallel arrow feather, short nock B2 reverse. VAM-116 has been combined with VAM-199-2, as they are die stages of the same die. In fact, no less than seven different die stages have been confirmed (116, 116A non-clashed EDS, 116A clashed LDS, 116B EDS with clash marks polished out, 116B LDS with vertical die gouge added from bottom of lower arrow head and vertical and horizontal polishing lines around olive, 116C EDS (no die gouges at top right outside of wreath) and 116C LDS (small die gouge at top right outside of wreath bow). Currently only the initial die stage, VAM-116 is getting a premium. Leroy has categorized VAM-116 into these stages:
VAM-116, VAM-116A, VAM-116B, VAM-116C all have the doubled P listed below. Based on research, these offical varieties can be subdivided into seven (7) different die stages: stage 1 is VAM 116, unclashed (EDS) VAM 116A is stage 2, clashed (LDS) VAM 116A is stage 3, EDS VAM 116B is stage4, LDS VAM116B is stage 5, EDS VAM 116C is stage 6 and LDS VAM 116C is stage 7. A reference tool is SSDC: VAM-E Volume 7, Issue 18, October 2010 showing all the pick-up points for each of the 7 stages.

No LVA Plate Photo:

Additional photos:
1878_7TF_VAM_116_Doubled_P.jpg

Die chip behind the eye with a small die crack running up into the hair.
1878p_vam116_a.jpg

Large Full Coin Copyrighted© VAM-116 Images© on loan to VAMworld courtesy TeletTradeLogo14.jpg® ATTRIBUTED BY Clayton Christiansen,
John Roberts at ANACSANACS_LOGO3.jpg and John Baumgart Untitled-TrueColor-1xxx.jpg

1878_RonH_VAM-116_OBV_04232013TT.jpg
1878_RonH_VAM-116_REV_04232013TT.jpg
From Heritage's auction archives another here


Price History:
1878-P VAM-116 PCGS MS61 $332.55 eBay Jan-03-2010
1878-P VAM-199.2 ANACS EF40 $46 eBay Jan-03-2010
ANACS MS63 sold for $512 on eBay Nov. 2007
ANACS AU55 Details cleaned, sold for $500 at FUN Coin show in January, 2008
ANACS AU53 sold for $350 on eBay March 2007
ANACS AU53 sold for $650 on eBay March 2006
ANACS XF45 sold for $300 at FUN Show Jan. 2007
ANACS XF45 sold for $400 privately April 2005

Condition Census:
TPG
Variety
Designation
Total
1-3
4-6
8-10
12-15
20-35
40-45
50
53
55
58
60
61
62
63
64
65
66
67
68
69
70
ANACS
7 TF VAM-116 HITLIST40
MS
6
0
0
0
0
1
0
2
0
2
1
0
0
0
0
0
0
0
0
0
0
0
ANACS
7 TF VAM-116 HITLIST40
MS
33
0
0
0
2
3
5
3
6
3
2
1
2
4
2
0
0
0
0
0
0
0
ANACS
7 TF VAM-116A HITLIST40
MS
5
0
0
0
0
2
1
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
ANACS
7 TF VAM-116B HITLIST40
MS
5
0
0
0
0
0
2
2
0
1
0
0
0
0
0
0
0
0
0
0
0
0
ANACS
7 TF VAM-116C HITLIST40
MS
25
0
0
0
1
0
7
3
1
7
0
0
1
0
4
1
0
0
0
0
0
0

TPG
Variety
Designation
Total
1-3
4-6
8-10
12-15
20-35
40-45
50
53
55
58
60
61
62
63
64
65
66
67
68
69
70
PCGS
7 TF VAM-116 HITLIST40
MS
6
0
0
0
0
0
2
0
1
1
1
0
1
0
0
0
0
0
0
0
0
0
PCGS
7 TF VAM-116A HITLIST40
MS
6
0
0
0
0
0
1
0
2
1
0
0
1
1
0
0
0
0
0
0
0
0
PCGS
7 TF VAM-116B HITLIST40
MS
4
0
0
0
0
0
0
1
0
0
0
0
0
1
2
0
0
0
0
0
0
0
PCGS
7 TF VAM-116C HITLIST40
MS
6
0
0
0
0
0
0

0
0
0
0
2
2
0
2
0
0
0
0
0
0
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