1878-P VAM-14.7

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1878-P VAM-14.7 Dot Next to Ear

Discovered by Martin Field, October 1979.
This coin is a Hit List 40 Morgan Vam.
14-7 I1 7 · A1 c (Dot next to Ear) (189) I-2 R-4
Obverse I1 7 – Doubled first five stars on right and first four on left towards rim. Slightly doubled date with 1 doubled below upper bar, both 8's doubled at top inside of both loops, and 7 doubled below crossbar and on right side of vertical shaft. Die flake next to ear at top right outside.Radial die crack on right side of 1.
Reverse A1C - Letters in UNITED doubled strongly on top and bottom. STATES OF AMERICA letters doubled at bottom. ONE DOLLAR letters doubled at top. Left wreath strongly doubled. Three small feathers added on eagle's right and two on eagle's left side between leg and bottom of wing.

Comments:
1. This is an 8TF variety. The A1c reverse is shared by VAM's 3, 4, 5, 14-6, 14-7, 14-11, 14-12, 14-14, 14-17, and 14-18. All but VAMs 3 & 4 are major rarities.
2. Ultra-rare with only 7 confirmed examples (the recently released 8TF Population report lists about a dozen, but would double-count coins crossed to PGCS from other services). Oddly, all reported specimens except one are mint state. Since the early 8TF dies were notorious for quickly cracking, it is easy to surmise that the 14.7 obverse die was taken out of production and all coins struck were removed to study the cracking and thus never released into circulation. To solve the problem, design changes were eventually made to lower the relief and widen the rims, and subsequently extended the die life. VAMs 14-17, 14-12, and then 14.7 are considered by Michael S. Fey, Ph.D., to be the first obverses used with the A1c reverse.

Threads:
1. http://www.vamworld.wikispaces.com/share/view/75791555
2. http://www.vamworld.wikispaces.com/message/view/home/60076444
3. http://www.vamworld.wikispaces.com/share/view/83248025

LVA Plate Photos:

Additional Photos:

Die Flake next to Ear
1878 8TF VAM 14 7 Flake On Ear.jpg
Radial die crack:
1878 8TF VAM 14 7 Crack by One.jpg
Die chip under the eye.
1878 8TF VAM 14 7 Eye Chip.jpg
The early die state shows the beginning of a radial die crack by E PLURIBUS from the rim.
1878 8TF VAM 14 7 Crack by E.jpg

VinCar 1878 P 10.jpg

VinCar 1878 P 11.jpg

Full Coin Photos

2 Sets of Large Full Coin Copyrighted© VAM-14.7 Images on loan to VAMworld courtesy ©[Heritage Auctions] ATTRIBUTED BYVariety Slabbing Service.jpg
1st set are the PLATE images and the 2nd set is the coin of the plate.

[Heritage Auction Archive 2013]
PCGS MS 64 DMPL Attributed 5-7-10 Heritage auction March, 2010 TOP POPULATION TO DATE
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