1925-P VAM-1
ErrorDescription
Serving as the baseline die pair for the 1925 Philadelphia Peace Dollar, VAM-1 represents the first die combination cataloged in the Van Allen-Mallis reference system for this date and mint. The number 1 designation identifies the normal die pairing against which all subsequent varieties are compared — the reference point from which die scratches, cracks, clashes, and other diagnostic features on higher-numbered VAMs are distinguished. Anthony de Francisci's Peace Dollar features Liberty wearing a radiate crown on the obverse and a perched eagle with olive branch and PEACE on the reverse. The 1925 Philadelphia mintage of 10,198,000 pieces, struck in 90% silver at 26.73 grams on 38.1mm planchets, places it in the middle tier of Peace Dollar availability. For collectors building a VAM set, VAM-1 functions as both the starting point and the comparative standard, providing the "normal" die characteristics against which deviations on other pairings become diagnostic. Specimens are readily available in circulated grades, with Mint State examples commanding premiums consistent with the date's market position.
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