1882-O/S Morgan Silver Dollar. VAM-4. Top 100 Variety. Strong, O/S Recessed. MS-65 (PCGS). CAC. Here is a bright, brilliant and conditionally rare Gem example of this popular Morgan dollar VAM variety. It is frosty and sharply struck throughout, impressively so for a New Orleans Mint issue. The 1882-O/S and 1900-O/CC are the only two overmintmark Morgan dollar varieties listed in the <em>Guide Book </em>that involve mintmarks from two different coinage facilities<em>.</em> The 1900-O/CC is more widely known, perhaps due to the greater popularity of Carson City Mint coins. It is the 1882-O/S, however, that is by far the more challenging to locate in high grades. In fact, this is one of the rarest Morgan dollar varieties in Gem Mint State, adding to the significance of the present offering for advanced collectors.<p>Like the 1900-O/CC, the 1882-O/S <em>Guide Book</em> listing encompasses multiple VAM varieties. For the 1882, these include the "Strong" varieties VAM-3 (O/S Flush) and VAM-4 (O/S Recessed) and the "Weak" variety VAM-5 (O/S Broken). All are equally rare in grades above MS-64. In fact, PCGS reports only two examples of the "Strong" O/S variety in MS-65, with a single MS-65+ finer:<p>1 - <strong>PCGS MS-65+.</strong> Ex Legend Rare Coin Auctions Regency Auction 29, November 2018, lot 233, realized $64,625. This coin was not attributed in the catalog, although online viewing in the Legend archives suggest that it is VAM-4, O/S Recessed.<p>2 - <strong>PCGS MS-65. CAC.</strong> Ex Larry H. Miller Collection. <em><strong>The present example</strong></em>, and the only coin at or above this certified grade level verified by CAC. VAM-4, O/S Recessed.<p>3 - <strong>PCGS MS-65.</strong> Ex our (Bowers and Merenas) Los Angeles ANA Auction of August 2009, lot 1833, realized $43,700; Bella Collection; Heritages Philadelphia Signature Auction of August 2012, lot 5202, realized $42,593.75. VAM-4, O/S Recessed.<p>Our first offering for a Gem 1882-O/S in more than a decade, the Larry H. Miller specimen is an extraordinary condition rarity that is sure to sell for a strong premium. From the Larry H. Miller Collection. From the Larry H. Miller Collection.
