1878-P VAM-32 7/3 Tailfeathers with line in tailfeathers

Discovered by Leroy Van Allen, April 1965. Obverse discovered by Neil Shafer, November 1964. Revised 2010

This coin is a Top 100 Morgan VAM.

32 II2 - B/Ac (3 TF) (179) I-3 R-6
Obverse II2- Normal type II obverse with broken point off 4th star right and 7 in date doubled on right side (hub defect).
Die marker - Diagonal die scratch down from right cotton boll. Also VAM-45. Later slightly polished die state than VAM-45.
Reverse B/Ac- Three tail feathers ends showing. Design remains in leaves of branch and in bow of wreath. Die Chips in IN GOD WE TRUST; doubled O, D, and W.

Comments: The 1878-P VAM-32 is one of the more rare 7/8 tailfeather coins. The reverse is heavily polished as evidenced by the missing details in the tailfeathers. This polishing appears to have lead to amazing mirrored finishes as this coin often comes in DMPL or PL surfaces.
The key reverse identifier is the diagonal line in the tailfeathers. Other 7/8 coins are gouged in a similar location: VAM-45 has a has a pair of gouge lines. VAM-34 has three lines. This VAM, VAM-32, has one line.

Threads:

LVA Plate Photo:
TRAVISBICKLE821878V3245PLATE.jpg

Additional photos:
1878p_vam32_tf.jpg

Closeup of the taifeather gouge and 3 extra tailfeather tips:
1878p_vam32_tf_close.jpg

The bow has heavy polish lines and a extra blob of metal on the right.
1878p_vam32_bow_close.jpg

The leg area is extensively polished and shows doubling:
1878p_vam32_leg_close.jpg


The B in LIBERTY has a large gouge that is a good diagnostic:
1878p_vam32_lib.jpg

On the obverse, there is a curvy die scratch near the cotton bolls:
1878p_vam32_scratch.jpg

The 4th right star is broken, a hub defect transferred to this die.
1878p_vam32_star.jpg

The date on VAM-32 has no major doubling, unlike many other 7/8 coins.
1878p_vam32_date.jpg

Large Full Coin Copyrighted© VAM-32 Images© on loan to VAMworld courtesy SB_18_logo.png® ATTRIBUTED BY - jjwolcin jjwolcin
jjwv32_obv_SB_1292013.jpg
jjwv32_rev_SB_1292013.jpg

Large Full Coin Copyrighted© VAM-32 Images on loan to VAMworld courtesy ©Heritage Auctions ATTRIBUTED BY Ron Hagler
1878_RonH_VAM-32_OBV_12222012.jpg
1878_RonH_VAM-32_REV_12222012.jpg




Price History:


1878-P VAM-32 ANACS MS62 DMPL eBay $557.98 9/22/2017

1878-P VAM-32 PCGS MS61 DM eBay $1005 4/23/2013

1878-P VAM-32 PCGS MS63+ PL eBay $1050 11/27/2014

1878-P VAM-32 PCGS MS63 PL eBay $1149.99 9/10/2017
1878-P VAM-32 PCGS MS63 PL eBay $711.17 8/8/2017
1878-P VAM-32 PCGS MS63 PL eBay $599 4/6/2015

1878-P VAM-32 PCGS MS62 PL eBay $510 11/28/2014
1878-P VAM-32 PCGS MS62 PL eBay $995 11/01/2010
1878-P VAM-32 ANACS MS62 PL, Sold for $891 in June, 2007 (Michael Fey auctions)

1878-P VAM-32 PCGS MS61 PL eBay $370 10/8/2016

1878-P VAM-32 PCGS MS61, Sold for $1,100 in September 2007 (Private party sale)



Condition Census:

1/2016
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
7/8 TF VAM-32 TOP 100
MS
30
0
0
0
0
5
8
1
1
1
1
1
0
1
3
7
1
0
0
0
0
0
0
PCGS
7/8 TF VAM-32 TOP 100
MSPL
15
0
0
0
0
0
0
0
0
0
0
0
0
2
3
6
4
0
0
0
0
0
0
PCGS
7/8 TF VAM-32 TOP 100
MSDMPL
13
0
0
0
0
0
0
0
0
0
0
0
0
2
2
5
4
0
0
0
0
0
0
NGC
7/8 TF VAM-32 TOP 100
MS
13
0
0

0
0
4
3
0
1
0
0
0
0
0
4
1
0
0
0
0
0
0
NGC
7/8 TF VAM-32 TOP 100
MSPL
4
0
0
0
0
0
0
0
0
0
0
0
0
0
1
2
1
0
0
0
0
0
0
NGC
7/8 TF VAM-32 TOP 100
MSDPL
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
3
0
0
0
0
0
0
ANACS
7/8 TF VAM-32 TOP 100
MS
21
0
0
0
0
3
8
3
3
0
0
0
0
0
3
1
0
0
0
0
0
0
0
ANACS
7/8 TF VAM-32 TOP 100
MSDM
21
0
0
0
0
0
0
0
0
0
0
0
0
0
8
10
3
0
0
0
0
0
0
ANACS
7/8 TF VAM-32 TOP 100
MSPL
19
0
0
0
0
0
0
0
0
0
0
3
0
1
6
6
2
0
0
0
0
0
0


Total
140

*The Top 100 Morgan Dollar Varieties: The VAM Keys Copyright 2009 RCI. With permission from the authors Michael S. Fey, Ph.D., http://www.rcicoins.com, and Jeff Oxman, http://www.vamlink.com
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