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The Certified Morgan Silver Dollar 1887 VAM-11 MS63 ANACS is an outstanding piece of American numismatic history, reflecting the rich heritage and meticulous craftsmanship of the United States Mint during the late 19th century. Struck at the Philadelphia Mint, this coin is part of the esteemed Morgan Dollar series, which was minted from 1878 to 1904 and then briefly again in 1921. The 1887 Morgan Dollar, particularly the VAM-11 variety, holds special significance due to its historical context, unique die variations, and relatively high mintage, making it a highly coveted piece among collectors.
Designed by George T. Morgan, an English engraver who later became the Chief Engraver of the United States Mint, the Morgan Silver Dollar features intricate and symbolic imagery. The obverse of the coin showcases a left-facing profile of Lady Liberty, modeled after Anna Willess Williams, a Philadelphia schoolteacher whose classical profile Morgan believed epitomized American ideals. Liberty is depicted wearing a Phrygian cap inscribed with "LIBERTY" and adorned with cotton and wheat, symbolizing America’s agricultural wealth. The reverse displays a heraldic eagle with outstretched wings, clutching an olive branch and arrows, signifying the nation's readiness for peace and defense. These detailed design elements highlight Morgan’s artistic talent and the high standards of the U.S. Mint during that era.
The Philadelphia Mint, identified by the absence of a mint mark, was the first and foremost mint facility in the United States, responsible for producing some of the most significant coins in American history. In 1887, the Philadelphia Mint produced approximately 20.3 million Morgan Silver Dollars. Despite this relatively high mintage, coins from the Philadelphia Mint are particularly sought after by collectors due to the superior strike quality often associated with this facility. The VAM-11 variety, identified by specific die characteristics such as the re-punched date, adds another layer of interest and rarity, making it a unique and valuable find for collectors.
The Certified Morgan Silver Dollar 1887 VAM-11 MS63 ANACS has been graded as Mint State 63 (MS63) by the American Numismatic Association Certification Service (ANACS). The MS63 grade indicates that the coin is in uncirculated condition with minor contact marks and abrasions that are relatively few and unobtrusive. The coin retains much of its original mint luster, and the strike is sharp, which is particularly commendable for a coin from the Philadelphia Mint. This grade reflects a balance between affordability and quality, making it an attractive option for collectors who seek a genuine piece of history without the higher costs associated with higher-grade coins.
The obverse of the coin, featuring Lady Liberty, displays sharp details in the hair and cap, with a vibrant luster that enhances the overall visual appeal. The fields are generally clean, with some scattered marks typical of the MS63 grade, but the overall presentation remains solid and appealing. The reverse, depicting the eagle, also retains strong details, with the feathers and other design elements well-defined. The combination of sharp details, lustrous surfaces, and minimal marks makes this coin a standout example of the Morgan Dollar series.
ANACS certification ensures the coin's authenticity and provides a reliable assessment of its grade, offering collectors confidence in their acquisition. ANACS is one of the leading third-party grading services, known for its stringent grading standards and trustworthy evaluations. The certification process ensures that the coin's characteristics are accurately documented, enhancing its market value and appeal to collectors.
The historical context of the 1887 Morgan Dollar adds to its allure. The Morgan Dollar series, named after its designer George T. Morgan, was introduced to replace the Seated Liberty Dollar and to capitalize on the abundant silver supply following the discovery of the Comstock Lode in Nevada. The series is renowned for its beautiful design and historical significance, capturing a transformative period in American economic history. The 1887 Morgan Dollar, produced during a time of significant economic and industrial expansion in the United States, is a testament to this era of growth and prosperity.
In summary, the Certified Morgan Silver Dollar 1887 VAM-11 MS63 ANACS is a remarkable coin that combines historical significance, artistic beauty, and collectible value. Its relatively high mintage, well-preserved condition, the unique VAM variety, and the qualities associated with the Philadelphia Mint make it a prized addition to any serious collection. This coin not only represents a tangible connection to America’s economic and cultural history but also showcases the enduring allure of the Morgan Dollar series. For numismatists and history enthusiasts, the 1887 Morgan Silver Dollar VAM-11 MS63 ANACS is a testament to the rich legacy of American coinage and a prized possession that reflects the intricate stories and artistry embedded in each piece.