1878-CC MORGAN $1 VAM-18 - VERY RARE VARIETY, BOOK $15K
NGC-GSA MS62PLThe 1878-CC VAM 18 Doubled Leaves Dollar is a Top 100 Variety. The Morgan Silver Dollar was born out of the largest silver discovery in U.S. history. The Comstock Lode gave birth to the Carson City Mint ('CC'), where Morgan Dollars were struck for only 13 years between 1878 and 1893. ''CC'' minted coins in all denominations, especially Morgan Dollars, are very popular with collectors. Coins struck at the Carson City Mint are well-known generally as lower-mintage and scarcer examples.
This 1878-CC is the first-year-of-issue in mint-state condition is extremely desirable ''CC'' jewel! For collectors. This tough to find 1878-CC was part of the GSA Hoard Release of the early 1970's, which hand very few of the 1878 issue. Only six 1878-CC, VAM 18 specimens have been found in GSA cases, making the variety exceedingly desirable to collectors.
One of the telltale VAM 18 features is doubling on the right side of the numerals of the date. The strong doubling on the leaves and cotton bolls on VAM 18 gives this variety its name. Dramatic doubling is evident up and down the entire back edge of Liberty's ear on this variety. This mintmark is distinctive, with the CC centered below 7 the ribbon bow, and not touching the wreath.
This Doubled Leaves VAM 18 variety is graded NGC GSA MS62 PL. Proof like coins have mirror-like fields as a consequence of being among the few coins that were struck, after a pair of dies was heavily polished. The 1878-CC VAM 18, whether inside or outside a GSA slab, is normally found with PL or DMPL surfaces in grades ranging from MS-60 to MS-62. This MS 62 PL is a Prime specimen of a first year issue Morgan Dollar from the Old West, with a GSA pedigree.