I just learned something new I want to share this webpage with you - http://www.nationalsilverdollarroundtable.org/the-1879-cc-vam-3-“capped-die”-silver-dollar-2/
So, I don't know anything about the variety you have linked. However, it seems to be an imprecise and improper use of terminology. A capped die is an error where a coin sticks to the hammer die and then strikes more coins. You can see more here: http://www.coinfacts.com/error_coins/capped_die.htm or here: http://www.lincolncentresource.com/Errors/Capped_Die.html
Quote - "Because the larger punch was applied too low, the tops of the small CC’s remained visible atop the larger ones looking like hats or caps, hence the original nickname, “Capped Die.”" From the link I provided on post #2
Yes, I read your link. Fancy nickname notwithstanding, nothing about that die is capped. The mintmark is repunched/re-engraved. I don't know how the nickname got started, but I find it confusing.
I suppose we ought to also deprecate the 1888-O "Hot Lips" because it misappropriated a nickname from M*A*S*H. Talk about a tempest in a teapot.
I don't see the comparison. I know you are making a joke, but "hot lips" has no other recognized *numismatic* meaning. Bugs Bunny, Hot Lips, Crocodile Eyes, whatever else... they really only refer to one thing. But using the term "capped die" for this RPM is misleading, confusing, and doesn't make any sense. Nothing about the die is capped - call it a "capped mintmark" if you must, but it isn't a "capped die".
Yeah, I've always thought the 79cc v3 should be called capped C's or capped mint mark. Who cares though.
I don't disagree that it's an unfortunate nickname, but I don't see how numismatics is challenged to its' roots by the fact. Especially when it's a challenge just to get consensus on the definition of "cud."
Fair point. I think, among the educated, the term "cud" is fairly well established. The uneducated use the term as they please.