1878-S $ VAM 56 LONG NOCK TOP 100 Questions
CoinHoarder
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Are these 1878-S LONG NOCK TOP 100 dollars widely collected? And, are they rare?
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CoinHoarder
Posts: 2,688 ✭✭✭✭✭
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Yes, they are collected and sought after. However, most buyers seem to want to cherry-pick them rather than pay up for them. Most seem to be fairly well worn. Any AU+ examples would likely draw a lot of interest.
PS:
The "Long Nock" was made during the very first minting of San Francisco Morgan Dollars.
Yes, widely collected. People do prefer to cherrypick them, but there are plenty who will pay up for them. They are extremely rare in AU or higher grade. The person with the best known set, which contains 10 different VAMs, has 5 AU and 5 in MS grades up to 63.
The reason they're rare has to do with poor die preparation when SF got the first dies. The more senior coiner was out sick and an inexperienced person had to prepare the dies and didn't do a very good job, as they yielded few coins before failing. Special strikings are known for two different die pairs and are 6-figure coins.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
It's still cool to see