Ron Guth: Experts consider the 1878 VAM 9 to be the very first die pair used to strike Morgan Dollars, based on identification of a presentation piece once owned by President Rutherford B. Hayes. The reverse is distinctive due to an odd-shaped, diagnostic feather on the right side (viewer's side) of the eagle (see image above). A few Deep Mirror Prooflike examples have appeared on the market and they are sometimes called Presentation pieces. PCGS has not yet certified any PL or DMPL examples.
Sign up for our FREE Newsletter!