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<p>[QUOTE="Paddy54, post: 2499506, member: 19250"]The 1882 O/S Morgan Top 100 Vam or Refuted Over Mint Mark</p><p><br /></p><p><br /></p><p><br /></p><p>As a variety collector I love finding a coin that stands out and is different. One such coin to me is the 1882 O/S Morgan Silver Dollar. It is among the top 100 vams in the Morgan series. Or is it? After reading up on this vam I have learned quite a bit. I will share some research with you all and then please post your thoughts on the findings as well as your specimens.</p><p><br /></p><p>History : In the 1870’s through the early 1880’s the US mint was under pressure to mint silver dollars. The Morgan silver dollar first minted in 1878 when through many changes in design. To most these changes weren’t that drastic for the everyday man to notice. However changes were made to the dies thus we now vam specimens to determine the die marriages.</p><p><br /></p><p>There were changes made to the dies that translated into the eagle having 7 or 8 tail feathers. Just as an example. But the mint was still be pushed into minting millions of these large coins.</p><p><br /></p><p>How did the 1882 end up having an over mint mark? Due to a shortage of dies at the New Orleans mint dies were shipped from San Francisco to the Orleans mint. Now from finding what is believed to be the remints of the” S” under the “O’s” mint mark from New Orleans . It was said that the mint workers at New Orleans didn’t do much to remove the S mint mark from the San Fran dies. They began to strike coins and over punched the S with an O. {Some do refute this theory}</p><p><br /></p><p>There are several die states found in the 1882 O/S Morgan variety. There are also some different die states. Thus there are Vams 3,4 and 5 and some say sub sets of all 3 vams 3A,4A,5A .Their rarity run between an R 3 to and R 5 with the rarest being the Vam #4 .</p><p><br /></p><p>Now if I haven’t got you hooked yet this is where you’ll want to pay attention. Collecting these can pay off. So the collector must be aware of what to look for when walking a show and cherry picking the 1882 O Morgan. Make sure you study the 82 MM carefully know what you’re looking for. Every 82 O you look at make sure you give that” O” a real good look. Especially if the 1882 O you’re looking at is a MS coin. As this variety are most often found in lower grades XF-AU. MS 1882 O/S are rare and command higher premiums for the variety. One would be surprised the increase in value between a high AU to a MS coin. In fact there’s not many found in MS-64. Here are some current Values on XF to MS coins .</p><p><br /></p><p>In xf it’s a $60 find, go up a notch to AU 50 and you’re looking at a $100 coin. AU 58 you’re looking at $110.,but at MS60 you’re now in the $200 range. It then takes a $200 hop to MS 62 making it a $400. At MS 63 another nice hop to $600, and at MS-64 $1750!</p><p><br /></p><p>The interest level is pretty moderate on this variety, and with a mintage of the 1882 O Morgan at 6,090,000 that includes the variety. Cherry picking these should be a fun task.</p><p><br /></p><p>Now I must say this as there are some who refute the OMM . Some are saying the O/S is not really a OMM but a die crack. As none of the serifs of the S show outside of the O mint mark.</p><p>Here’s your chance to discuss the above ,give your options, and post your 1882 O/S or ask questions about any 1882 O’s you may have and are uncertain if your coin is in fact a 1882 O/S variety.</p><p><br /></p><p>I personally have two that I will post ,one a Vam 3 and the other a vam 5. Let’s see your treasures.[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 2499506, member: 19250"]The 1882 O/S Morgan Top 100 Vam or Refuted Over Mint Mark As a variety collector I love finding a coin that stands out and is different. One such coin to me is the 1882 O/S Morgan Silver Dollar. It is among the top 100 vams in the Morgan series. Or is it? After reading up on this vam I have learned quite a bit. I will share some research with you all and then please post your thoughts on the findings as well as your specimens. History : In the 1870’s through the early 1880’s the US mint was under pressure to mint silver dollars. The Morgan silver dollar first minted in 1878 when through many changes in design. To most these changes weren’t that drastic for the everyday man to notice. However changes were made to the dies thus we now vam specimens to determine the die marriages. There were changes made to the dies that translated into the eagle having 7 or 8 tail feathers. Just as an example. But the mint was still be pushed into minting millions of these large coins. How did the 1882 end up having an over mint mark? Due to a shortage of dies at the New Orleans mint dies were shipped from San Francisco to the Orleans mint. Now from finding what is believed to be the remints of the” S” under the “O’s” mint mark from New Orleans . It was said that the mint workers at New Orleans didn’t do much to remove the S mint mark from the San Fran dies. They began to strike coins and over punched the S with an O. {Some do refute this theory} There are several die states found in the 1882 O/S Morgan variety. There are also some different die states. Thus there are Vams 3,4 and 5 and some say sub sets of all 3 vams 3A,4A,5A .Their rarity run between an R 3 to and R 5 with the rarest being the Vam #4 . Now if I haven’t got you hooked yet this is where you’ll want to pay attention. Collecting these can pay off. So the collector must be aware of what to look for when walking a show and cherry picking the 1882 O Morgan. Make sure you study the 82 MM carefully know what you’re looking for. Every 82 O you look at make sure you give that” O” a real good look. Especially if the 1882 O you’re looking at is a MS coin. As this variety are most often found in lower grades XF-AU. MS 1882 O/S are rare and command higher premiums for the variety. One would be surprised the increase in value between a high AU to a MS coin. In fact there’s not many found in MS-64. Here are some current Values on XF to MS coins . In xf it’s a $60 find, go up a notch to AU 50 and you’re looking at a $100 coin. AU 58 you’re looking at $110.,but at MS60 you’re now in the $200 range. It then takes a $200 hop to MS 62 making it a $400. At MS 63 another nice hop to $600, and at MS-64 $1750! The interest level is pretty moderate on this variety, and with a mintage of the 1882 O Morgan at 6,090,000 that includes the variety. Cherry picking these should be a fun task. Now I must say this as there are some who refute the OMM . Some are saying the O/S is not really a OMM but a die crack. As none of the serifs of the S show outside of the O mint mark. Here’s your chance to discuss the above ,give your options, and post your 1882 O/S or ask questions about any 1882 O’s you may have and are uncertain if your coin is in fact a 1882 O/S variety. I personally have two that I will post ,one a Vam 3 and the other a vam 5. Let’s see your treasures.[/QUOTE]
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The 1882 O/S Morgan Top 100 Vam or Refuted Over Mint Mark
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