Good Deal On This 1880/9-S VAM 11 0/9 In MS-66

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Author	Replies: 5 / Views: 1,012
Cruisinfusion Pillar of the Community United States 1531 Posts	Posted 05/01/2014 2:32 pm Now I don't want to give away a link just in case someone wants this deal as much as I do, but I found the following item: PCGS 1880/9 (1880 over 1879) Overdate San Francisco Morgan in MS66 condition. I believe it is VAM-11, Top 50 VAMS. PCGS price guide says $700. It's being sold for $514. Is this a good deal? Coin is a white coin with no bad/good toning. Thanks Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 05/01/2014 2:46 pm This is a pretty common VAM, and MS67 examples are known. I'm thinking $514 in 66 - well over retail for one of the most common high-grade Morgans - is quite a bit too much. As of last year, PCGS and NGC combined had close to a hundred VAM-11's in MS66. Report this Post to the Staff
Cruisinfusion Pillar of the Community United States 1531 Posts	Posted 05/01/2014 3:07 pm How much would you be willing to pay, Dave? Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 05/01/2014 3:18 pm Frankly, I wouldn't add any premium for the variety. Prices are all over the place, because it's common-enough in higher grades that people will risk cracking for an upgrade, but me myself I wouldn't go a lot higher than $325 for it. Too many out there to choose from. Report this Post to the Staff
Cruisinfusion Pillar of the Community United States 1531 Posts	Posted 05/01/2014 3:27 pm All the good deals I seem to find never seem to be too great. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 05/01/2014 3:34 pm Heritage has already moved 28 1880-S's in MS66 in 2014 alone. There will be another. Report this Post to the Staff
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