In the intricate world of numismatics, the study and collection of coins, certain pieces stand out not just for their historical value but for the unique characteristics that make them fascinating subjects of study. The 1889 Top-100 S$1 VAM-22 Bar Wing, graded Poor 1 by the Numismatic Guaranty Corporation (NGC), is one such coin. This Morgan Silver Dollar, despite its heavily worn condition, holds a significant place in the hearts of collectors due to its rarity and the intriguing die variety it represents.
Historical Background
The Morgan Silver Dollar, designed by George T. Morgan, is one of the most beloved and collected American coins. Minted from 1878 to 1904, and again in 1921, these coins were a staple of American currency and are renowned for their intricate design and historical significance. The 1889 Morgan Dollar, struck at multiple mints including the Philadelphia, New Orleans, and San Francisco Mints, is particularly notable due to its various die varieties.
The VAM-22 Bar Wing Variety
VAM, an acronym for Van Allen-Mallis, refers to the system of cataloging die varieties of Morgan and Peace Dollars. The VAM-22 designation for the 1889 Morgan Dollar is distinguished by a unique feature known as the “Bar Wing.” This variety is characterized by a raised line, or “bar,” that appears on the wing of the eagle on the coin’s reverse. Such die anomalies are the result of imperfections or intentional modifications in the dies used to strike the coins.
Top-100 VAM
The Top-100 VAM list, created by VAM enthusiasts Jeff Oxman and Michael Fey, identifies the 100 most significant and collectible Morgan and Peace Dollar varieties. The 1889 VAM-22 Bar Wing is included in this prestigious list, making it highly desirable among collectors who specialize in die varieties.
Grading and Condition
Grading coins is a meticulous process, with grades ranging from 1 to 70. A Poor 1 grade signifies a coin that is extremely worn, with most of its details obscured by heavy circulation. Despite this, key features such as the date and mint mark remain visible, which is crucial for identifying the coin. The 1889 VAM-22 Bar Wing in Poor 1 condition tells a story of extensive use, adding to its historical allure.
NGC Certification
The Numismatic Guaranty Corporation (NGC) is one of the most respected third-party coin grading services in the world. NGC certification ensures the authenticity and condition of a coin, providing assurance to collectors and investors. The encapsulation in an NGC holder, or “slab,” includes a label that details the coin’s grade and variety, guaranteeing its identity and preserving its condition.
Collecting the 1889 VAM-22 Bar Wing
The appeal of the 1889 VAM-22 Bar Wing Morgan Dollar extends beyond its physical characteristics. For numismatists, this coin represents a piece of American history and a testament to the intricate and sometimes unpredictable nature of coin minting. The Poor 1 grade, while indicating heavy wear, also suggests a long life of use in commerce, adding a layer of narrative to the coin’s existence.
Investment and Rarity
The inclusion of the 1889 VAM-22 Bar Wing in the Top-100 VAM list significantly enhances its value and desirability. Coins that feature recognized die varieties often command higher prices in the market, especially when they are certified by reputable grading services like NGC. While a Poor 1 grade might not appeal to all collectors, those interested in die varieties and the history of coin circulation find great value in such pieces.
The 1889 Top-100 S$1 VAM-22 Bar Wing NGC Poor 1 Grade Coin is a remarkable artifact of American numismatic history. Its heavily worn condition does not diminish its value; rather, it enriches the story it tells. For collectors and historians, this coin is a tangible connection to the past, a testament to the art and science of coin minting, and a prized piece in the intricate puzzle of Morgan Dollar varieties. Whether viewed as an investment or a historical relic, the 1889 VAM-22 Bar Wing stands out as a unique and fascinating piece in any collection.
