Monday, January 30, 2017

Binion Collection - 1878 8TF Morgan Silver Dollar VAM-7


Binion Collection - 1878 8TF Morgan Silver Dollar VAM-7
Binion Collection Population - 32 Silver Dollars.

Binion Collection – Rare – There were only 32 Binion 1878 VAM-7 Morgan silver dollars authenticated and graded by NGC. While this coin has what appears to be a grease spot on the face, it is still a sought after item for the Binion collector due to the rarity of the VAM variety. The reverse has excellent white/silver eye appeal.
 
The population statistics for this coin are similar to the preceding VAM-6 variety.  The 2014 NGC Statistics show there are now 32 Morgan silver dollars authenticated and “hard” graded as the VMA-7 variety while the NGC 2009 Census Report identified 34 coins.  Directionally, both population reports support the rare classification.


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