1878-S Morgan Dollar ($1) VAM 57 Long Arrow Shaft

The VAM 57 Long Arrow Shaft (aka "Long Nock") is one of the coveted Morgan varieties and stands as a significant die marriage from the inaugural 1878-S production. This variety is distinguished by the extended arrow shaft that extends well below the eagle's tail feathers - a dramatic die characteristic that makes identification straightforward. As a first-year San Francisco Morgan with major variety status, it holds dual appeal for both date collectors and variety specialists.

This XF40 example proudly sports its CAC sticker, confirming its quality within the grade. The surfaces display lovely original pewter-gray toning with no signs of cleaning or mishandling. Despite the expected high-point wear consistent with the XF grade, all major design elements remain sharp and well-defined. The eye appeal is excellent for a mid-grade circulated Morgan, and the variety's diagnostic features are clearly visible. A solid representative of this important early variety.