Any experts out there who can give an opinion on this 1923-P reverse? Is this post mint damage or a broken wing VAM?
Looks like a planchet lamination. VAM's are slight to moderate variations in Morgan and Peace silver dollar dies caused during their creation. Planchet defects do not result in VAM varieties.
100% certain that it's a lamination error due to (most likely) a poor mix of silver alloy. Some kind of debris was in the mix.
It is a VAM, all Peace and Morgans are VAMS. Basically a VAM is a die marriage, which is a variety. That is lamination which is an error. There will be a test later.
I'm calling out sick the day of the test. Actually I was asking if anyone thinks it is the broken wing VAM. Not really looking for an education here!