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Author Previous TopicReplies: 3 / Views: 737Next Topic  
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1916 D Merc's Avatar
United States
459 Posts
 Posted 06/16/2013  11:59 pm Show Profile   Bookmark this topic Add 1916 D Merc to your friends list Get a Link to this Message Number of Subscribers
Back in 2004, my grandmother passed away, she ran the register at a school cafeteria in her earlier days, and she would pull the odd, interesting coins that the kids purchased their lunches with. One of those coins being a 1900-S Morgan dollar, which I inherited when she passed away. This was a time when I was a novice collector, pulling any neat coin I found (Ahh, the good times) But now, I have discovered the world of VAMs and have further expanded my interest in coin collecting. With this new-found interest, I discovered that the 1900-S Morgan is either a R-5 VAM-19 or a R-4 VAM 16. And I was just wondering what premium a variety with a rarity of 4 would command. (Now I would NEVER EVER sell this coin, rather the curiosity caught the cat)
Edited by 1916 D Merc
06/16/2013 11:59 pm
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Conder101's Avatar
United States
17884 Posts
 Posted 06/17/2013  12:07 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I don't know about VAMs, but in early copper and bust halves R-4's seldom bring much if any premium unless it is a "popular" variety. R-5's do normally bring a premium but not all R-5's are created equal. Some are "easy" R-5's and bring a modest premium, some a "popular" and/or "hard" R-5's which will bring a high premium.
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NathanASE's Avatar
United States
1511 Posts
 Posted 06/17/2013  12:24 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
I'm pretty new to VAMS myself so I could very well be wrong.. but I believe that the grade and popularity has a lot to do with it... For instance I found out my 1878 8tf (raw AU) is a hot-50 VAM-8... But being in AU would bring no premium, while if it were a MS-65 it would. I'm pretty sure most of the more common VAMS, especially in lower grades hold no premium.

I'm not sure how the rarity scale figures into the equation. I know that the VAMS with extreme "wow" factor bring good premiums, such as "scarface" or even "hot lips".... AKA ones that can be easily identified by naked eye. But again, I could be wrong so I'm curious to hear more experienced opinions on the topic! On a side note.. That's pretty cool to have gotten a Morgan from a school lunch line!! Neat story!
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1916 D Merc's Avatar
United States
459 Posts
 Posted 06/17/2013  12:36 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
I have now narrowed it down to VAM 19 based on the gap between the eagle's head and wing.
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