That's a high bid for a 1879-S rev 78 Morgan MS 63

Tiny

Saw this one on Teletrade with a couple of hours to go and hope the bider
doesn't think it is a Redfield. Still a nice coin but more than I would pay with
the vig and all.

TT Auction



Edited to add:
Just noticed it was the opening bid and no bids yet.

LanceNewmanOCC

.
not that high imo

some of those top 100 79-s rev 78 are desirable
.

blu62vette

I would guess is has a lot more to do with a variety than the holder.

messydesk

Can't quite tell which VAM, but I'm thinking it's VAM 35 or 39, and neither is that rare. Maybe it is a crazy holder premium, after all.