This is my first post here, so first I would like to say hi to everyone. This seems like a great site from what I seen/read so far and I'm looking forward to being apart of this site. Alright, so I was looking through some Morgans I have and came across what I believe to be a 1878-S VAM 27. I'm not very good at grading so if you guys could give your opinions on grade and approximate value it would be greatly appreciated. Here is some pictures of the obverse, reverse the broken D in dollar and the broken N in united. And also a picture of the first L in dollar. I don't know if the top of the L is from a die defect or if it was just damaged in circulation. I didn't see any mention of the L in the description on VAMworld (here) so I don't know about that. Thanks in advance.
Nice! Yes, it looks like a VAM 27 long nock. The mark on the L looks like circulation damage. The coin looks like it probably had a cleaning a while ago and started to re-tone. I only have a value down to VF at $300. Not sure how your coin would grade, but I think 78-S long nocks are collectible and desireable in any grade.
