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1903-P VAM-1

Error
🪙
Verified LegacyVAM Variety
Market Value
N/A
Rarity Index
N/A
Discovery Date
1903
Last Sold
N/A

Description

Discovered by George Mallis in June 1965, the 1903-P VAM-1 "Normal Die" represents the baseline die marriage for the 1903 Philadelphia Morgan dollar — a standard pairing that establishes the reference point against which all other varieties for this date are compared. Cataloged as 1 III2 1 · C4a (Normal Die), the variety pairs an Obverse III2 1 (normal die of the III2 type with a closed 9) with a Reverse C4a (normal die of the C4 type). George T. Morgan's silver dollar design was produced in relatively modest quantities at Philadelphia in 1903, with an approximate mintage of 4.65 million coins — a figure that places the 1903-P among the scarcer Philadelphia Morgan dollar dates and contributes to its standing as a semi-key date in the series. George Mallis, whose initial forms the "M" in the VAM designation alongside Leroy Van Allen's "V" and "A," established this attribution during the foundational period of systematic Morgan dollar die study. The "Normal Die" classification serves an essential organizational function within the VAM system: by documenting the standard die characteristics — including the closed 9 in the date on the obverse and the C4a reverse type — VAM-1 provides the baseline from which all deviant characteristics (repunched dates, doubled dies, mintmark variations, die breaks) are measured on other 1903-P VAM numbers. The Obverse III2 hub type identifies the specific master die vintage used, while the C4a reverse represents the corresponding reverse hub type. Emission sequence data for both obverse and reverse dies awaits further documentation. Collectors should note that while VAM-1 as a normal die does not carry the premium associated with dramatic varieties, it serves as the essential reference specimen for anyone attempting to attribute other 1903-P Morgan dollar die pairs.

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Last updated: August 6, 2026

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