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What Is An 1887 O Morgan VAM-5 Worth?

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 Posted 05/16/2012  7:18 pm Show Profile   Bookmark this topic Add TomNebraska to your friends list Get a Link to this Message Number of Subscribers
I saw an NGC slabbed Morgan VAM-5, and I am trying to determine its value.

The first line of the slab states: 1887 O TOP-100 S$1 (I do not know why it has an "S" before $1.)

The second line states: VAM-5 DDO STARS MS 63

Is this worth anything more than a regular slabbed MS63 that is not a VAM?
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SsuperDdave's Avatar
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23522 Posts
 Posted 05/16/2012  8:18 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The Top 100 was the first interest-related VAM list, created many years ago, and is not necessarily a reflection of either rarity or demand. There are some pretty common varieties in the Top 100, and this is one of them. NGC alone has slabbed over 150 VAM-5's in MS63.

With that said, the latest die state of this variety has a striking combination of a radial die crack through the B in PLURIBUS, and rim Cuds on the lower obverse, which is scarce indeed and easily worth a premium.
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 Posted 05/17/2012  2:26 pm  Show Profile   Bookmark this reply Add TomNebraska to your friends list Get a Link to this Reply
Thanks, Dave. You said the VAM-5 in question is one of the "common varieties," but I am not sure what you mean by "the latest die state of this variety has a striking combination of a radial die crack through the B in PLURIBUS, and rim Cuds on the lower obverse, which is scarce indeed and easily worth a premium."

I take it to mean the VAM-5 in question does not have a radial die crack through the B and rim Cuds on the obverse.

Is that correct, and do VAMs with "a radial die crack through the B in PLURIBUS, and rim Cuds on the lower obverse" have a different VAM number, or are they VAM-5s?
Edited by TomNebraska
05/17/2012 6:51 pm
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AU90o's Avatar
United States
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 Posted 05/18/2012  6:47 pm  Show Profile   Bookmark this reply Add AU90o to your friends list Get a Link to this Reply
For 1887-O :
VAM-5 is a Doubled Stars variety.
VAM-5A is the same as VAM-5, but later die state where the die has developed a radial rim Cuds under the date.
VAM-5B is even later than 5A, where the die has developed further with a radial crack and more rim Cuds.
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Ceylon62's Avatar
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 Posted 05/19/2012  09:42 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Vamworld is a good reference.

Below are links to the 5 and 5B with pics. Most vams DO NOT have pics on VW but is a good reference source and once you get familiar with the site it's easy figure you way around.

http://www.vamworld.com/1887-O+VAM-5

http://www.vamworld.com/1887-O+VAM-5B

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Bryan1315's Avatar
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 Posted 05/19/2012  10:21 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
(I do not know why it has an "S" before $1.)

I wanted to address this kind of question you had, the "S" in front of the $1 stands for "Silver" so it means its a Silver Dollar
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 Posted 05/23/2012  6:24 pm  Show Profile   Bookmark this reply Add TomNebraska to your friends list Get a Link to this Reply
Thanks, everyone. This site is great!
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twohawks's Avatar
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1551 Posts
 Posted 05/26/2012  5:31 pm  Show Profile   Bookmark this reply Add twohawks to your friends list Get a Link to this Reply
The Vam-5 is common the Vam-5a is far less common and the Vam-5b I know of only 2 coins and I have the discovery coin.
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