1891-O VAM-1B Pitted Reverse
Discovered by Bill Fivaz, January 1997.
This coin is a Hot 50 Morgan VAM.
1B III21 · C3a (Pitted Reverse) (181) I-2 R-6
Reverse C3a– Die is pitted on lower left of wreath extending down to E on ONE and from N of ONE down into denticles.
1. At the 2004 ANA Show in Pittsburgh, Pennsylvania the VAM-1B was discussed at the SSDC meeting and determined to be very tough to locate. It recently has begun getting surprising large premiums for a pitted reverse.
2. Specimens seen are typically XF or AU, as below VF coin wear has removed the pitting making attribution impossible. Although no die states have been catalogued, there seems to be at least two stages of pitting, "light" and "heavy". Demand more when selling "heavy" specimens. Possible die gouge in the 'N' of 'ONE' covered up by the pitting above it.
3. Approximately 20 specimens known, the finest being AU. Unknown in BU.
LVA Plate Photos:
"Heavy" example - pitting in wreath leaves and extends into denticles.
Full Coin Photos
Large Full Coin Copyrighted© VAM-1B Images on loan to VAMworld courtesy ©[Heritage Auctions] ATTRIBUTED BY Ron Hagler