I picked up on a good deal. But before I tell y'all what I paid tell me what you would pay for it. It has the pinwheel effect. now that's a good indicator that it hasn't been cleaned. And it's a type of vam. Has die cracks all around the coin. Both sides
Nice coin, And nice it has it's cartwheel effect intact. Good sign of original luster. Have you research the VAM # yet?
"Pinwheel effect"? I think you mean "cartwheel luster", don't you? Also, all Morgan and Peace dollars are VAM's. $20? Chris
You did good at $23.00. I see that the coin collecting bug has finally got you young lady. From metal detecting to buying. Or have you always been a buying collector?
Nice! Morgan dollars are THE iconic collectors coin, and it seems no collection is complete without a nice example. There is just some sort of quality to a big piece of silver like that. Also, given their long popularity and the relatively low value of silver, they are affordable. Morgans are still a popular set to collect, and you can also find specimens like yours. A real eye-catcher, for a fair price. In your case, the cartwheel effect. But you can also find DMPL Morgans too, for a great price, that are very impressive looking. All in all, you made a great purchase.
Quick look on VAMWorld and I place it as VAM-3H2. http://ec2-13-58-222-16.us-east-2.compute.amazonaws.com/wiki/1921-P_VAM-3H2 Also VAM is an acronym of the last names of the two individuals who started cataloging dies of Morgan and Peace Dollars. VA is for Van Allen and the M is for Mallis. All Morgan Dollars and Peace Dollars are a VAM. Also $23.00 is about right. I would have paid $25.00 or less for it.
Something only collectors enjoy, is the pleasure of owning something like a silver dollar. Not just silver colored, but actual silver.Also, any large coin, but preferably old copper. Large cents and half cents and 2 cent pieces. They dont make them anymore, but they are fun to collect and amazing to find with a detector. I find they make great birthday gifts. For a very reasonable price you can get a one Troy ounce ASE as a birth present and even get a proof or grade 70 that makes a very impressive gift. It has value and holds it. Also, people like large coins with their birth year on them. My dad had an English Penny in his birth year that he picked up, probably in a coin dealers junk box for 10 cents. He carried it with him in a squeeze change purse for years and years, until one day I noticed, it had worn down to a blank planchet. I found some and replaced his. He really liked that. Now he is gone and I miss him. I wonder what happened to those coins? All that was context for saying, people like larger coins. Even those awful "golden" dollars. More so the old Ikes, which sell for more than face value. Something I used to do, was get a roll or two of golden dollars when I travel overseas. They make great gifts and tips. Often, people dont tip abroad, so getting one is a pleasant surprise. But a dollar coin has a certain cachet as a token, talisman or whatever you call it. Real silver dollars are gone. Halves dont circulate and the dollar coins barely circulate. When you do spend them, people keep them. Or, they think its a scam. A student was arrested for trying to spend a $2 bill at school. No, his teacher, admin and cop were that ignorant they thought it was fake. There is a reason counterfeiters fake $100 bills. All that trouble for $2? Its also that way with some coins, even here. Where did you get it? Thats a great deal for $23 and I would like to pick up a few. Silver is the new gold, and Morgan/Peace have collectible value as well.
The only thing that this coin has different is that is has a die crack little bit before the e and right before the p to the rim. On E pluribus on the reverse on the left star there's a die crack going down to rim. on one the E has a die crack going to rim. On dollar the die crack starts at O through to R.