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The Certified Morgan Silver Dollar 1878 7/8TF VAM38 MS62 ANACS is a captivating piece of American numismatic history, showcasing the iconic design and intricate details that characterize the Morgan Dollar series. Minted in 1878, this coin bears the distinctive VAM-38 variety designation, making it a notable addition to any collection.
The Morgan Silver Dollar was introduced in 1878 following the passage of the Bland-Allison Act, which aimed to stabilize the economy by requiring the minting of silver dollars using silver purchased from American mines. Designed by George T. Morgan, the coin features a captivating obverse depicting Liberty wearing a Phrygian cap, symbolizing freedom and independence. The reverse features an eagle with outstretched wings, clutching arrows and an olive branch, surrounded by a wreath of laurel.
The 7/8 Tail Feather variety refers to a distinctive feature found on the reverse of some 1878 Morgan Dollars, where seven tail feathers are visible under the eagle's tail feathers, with an additional eighth feather partially showing. This variety is highly sought after by collectors due to its unique appearance and historical significance.
The VAM-38 designation denotes specific die characteristics, including the presence of die chips and doubling on various elements of the coin's design. These features contribute to the coin's distinctive appearance and add to its appeal among numismatists.
Mintage figures for Morgan Silver Dollars varied by year and mint facility, with the Philadelphia Mint, where this coin was struck, being the primary producer. The 1878 7/8TF VAM38 MS62 ANACS represents a well-preserved example of a coin from this historic era.
The coin has been certified and graded by the American Numismatic Association Certification Service (ANACS) as MS62, indicating its Mint State condition. While the coin may exhibit some signs of wear and contact marks consistent with its age and circulation, it retains much of its original luster and detail, making it an attractive specimen for collectors.
ANACS, a trusted third-party grading service, employs rigorous grading standards and advanced authentication techniques to evaluate the condition and authenticity of coins. The MS62 grade assigned to this coin confirms its authenticity and ensures its value as a collectible.
In summary, the Certified Morgan Silver Dollar 1878 7/8TF VAM38 MS62 ANACS is a testament to America's rich numismatic heritage and the legacy of the Morgan Dollar series. With its captivating design, historical significance, and certified condition, it offers collectors the opportunity to own a piece of history and appreciate the artistry of a bygone era.