OMG please someone tell me this is a rare vam here? I messaged the seller, I'm sure he's hoping the winner pays tonight!
It appears to be Vam-1O- bar wing. This variety can bring a decent premium in higher grades depending on how many people are actively building a Peace Dollar variety set. It isn't ridiculously rare, and more examples have been surfacing in the past few years, bringing down the value. In 2015 an auction for an MS-65 example realized $1,400. More recently, this year, an MS-65 sold for $360. The variety is characterized by a long spike clash on the eagles shoulder with a progressing die break at the junction with the wing. There is also a somewhat spiderwebbed die crack running thru Liberty's crown and hair. Here is my example, unattributed and I paid far less than the highest bidder of the one in OP:
If you close one eye and squint with the other, that might be an 8 That would explain some of the bidders. This one who the hell knows what goes on with some of these things.
trust me I see some real wild bidding out there... I on the other hand hunt for the overlooked gems hehe (getting harder and harder to find)
That's CRAZY Money... Surely they Must have seen something in that second picture. That works out to $1.75 per wheat cent... IF you spot a GEM in there point it out please. I sold 1040 wheats in better shape at our local coin club meeting for $55.