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1889-S Morgan Dollar -- Your Grade And VAM

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Pillar of the Community
United States
1267 Posts
 Posted 08/11/2007  8:55 pm  Show Profile   Bookmark this reply Add Bonedigger to your friends list
Close but no cigar.Very close...
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 Posted 08/11/2007  9:09 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list
I say AU-50, but no need to compete with SuperDave on Vamming.
Pillar of the Community
United States
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 Posted 08/11/2007  9:14 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list
Ok, how about VAM-10?
Pillar of the Community
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 Posted 08/11/2007  9:26 pm  Show Profile   Bookmark this reply Add Bonedigger to your friends list
You're getting cool...
Pillar of the Community
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 Posted 08/11/2007  9:54 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list
Can we get more detailed images? Hard to check for doubling.
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 Posted 08/11/2007  10:30 pm  Show Profile   Bookmark this reply Add Bonedigger to your friends list
^^^ Why yes you can, no problem...

1889-S-Morgan-Dollar----Your-Grade-And-VAM
Pillar of the Community
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 Posted 08/11/2007  10:45 pm  Show Profile   Bookmark this reply Add Vaslin to your friends list
The '9' is definitely higher than some of the samples that I see. Hard to not say VAM-5. Sample: http://i10.ebayimg.com/03/i/000/ac/94/efda_1.jpg

My guess is 'VAM-3'.

9 is open, so not 1.
S isn't tilted, so not 2.
Date doesn't look right shifted, but could be 3.
Not seeing a doubled '9', so not 6.
Not seeing a doubled 'S', so not 4 or 7.
Not seeing a doubled '1', so not 8.
Date isn't slanted, so not 9.
S is in the center, so not 10 or 12.
Date isn't too far to the right, so not 11.
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 Posted 08/11/2007  10:56 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Actually, Ben, it is a Slanted Date VAM - the pics in the Encyclopedia are pretty clear, and pretty similar, to your coin. The slant, for this date, is almost more of a displacement of the 9 than a tilt to the entire date. The 9 in your photo actually appears to be displaced even more than the pics in the Encyclopedia, which is why I first thought it to be VAM-5. I'm still not sure that it isn't.
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 Posted 08/12/2007  08:58 am  Show Profile   Bookmark this reply Add Bonedigger to your friends list
Well, here is what the graders and VAM guys at ANACS put on the slab.

Take Care
Ben
1889-S-Morgan-Dollar----Your-Grade-And-VAM
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 Posted 08/12/2007  10:32 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Hmmm. I just went and checked a whole bunch of 1889-S's at Heritage. The large majority, over 80%, had the 9 noticeably displaced upwards. I would guess, then, that VAM-7 has that displacement, and it just isn't recorded as a characteristic.

That's one of the problems with VAMming - in many cases only the specific feature which differentiates the VAM is on record, and very few other details can be found to help narrow down the attribution.

Well, I will stand corrected for this one, and file the new knowledge away for future reference. I think AU55 is a bit generous, but not out of the realm of possibility.
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 Posted 08/12/2007  10:51 am  Show Profile   Bookmark this reply Add Bonedigger to your friends list
Thanks for the information and you're correct. VAMing is an adventure with new discoveries being reported everyday. I used to be really interested in it (www.ashmore.com) and had comments written on every 2x2 flip my silver dollars were in. This after coming back to the hobby following a 30+ year hiatus. I'd totally amputated myself from the hobby. Put it all in a big cardboard box and up in the attic.

Then for no special reason BHDs caught my eye and interests, the path less taken beckoned, and I was off on another tangent. I agree too the grade of 55 is a tad optimistic, LOL...

Take Care
Ben
Edited by Bonedigger
08/12/2007 10:53 am
Pillar of the Community
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 Posted 08/12/2007  11:30 am  Show Profile   Bookmark this reply Add Vaslin to your friends list
Thanks Ben! At least you picked a coin with few VAMs!
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 Posted 08/13/2007  09:55 am  Show Profile   Bookmark this reply Add greyhav to your friends list
Wow AU-55? Am I overreacting to all the high points of the hair, the breast and right wing tips of the eagle (the ANA points for EF).

I'm new to looking at these coins. Maybe I haven't seen enough high grade ones to know what to expect.
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 Posted 08/13/2007  10:14 am  Show Profile   Bookmark this reply Add Vaslin to your friends list
I don't think you're overreacting too much, I would have never thought 55 due to the flatness of the hair above the ear.
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 Posted 08/13/2007  10:54 am  Show Profile   Bookmark this reply Add Bonedigger to your friends list
It probably can be attributed to "Market Grading" or because the submitter was a regular well known large lot submitter. One interesting hidden aspect of the TPG industry is the number of repeat customers and who they are. Here is a fictional scenario...

My name is Big Money Ben and I'm a friendly giant in the numismatic hobby, everyone likes me, I've got lots of coins, and give free advice/information out to those who ask. Now, I've decided to submit a 1000 coin Morgan dollar lot to TPG 1 co. for grading and attribution, might get a special price. I do and the wait begins. The coins come back far less than what I was expecting, hmmmm not happy... So after letting the 'word' leak out about my dissatisfaction with TPG 1 on cyber chat rooms and internet mailing lists I crack the 1000 coins out and resubmit them to TPG 2. I prepare the necessary paperwork and resubmit the now cracked-out Morgan dollars. Now TPG 2 is no fool and has eyes and ears in cyber coin land and heard what happened to an individual who submitted a very large lot recently. They also know that a happy submitter is a repeat submitter so...

Big Money Ben gets his coins back from TPG 2 and they are fantastic. He's elated and shouts aloud from on high (In CAPPS, LOL) in the cyber coin communities about how great the services of TPG 2 are and encourages everyone to use them over TPG 1.

Here's where it gets funny. Big Money Ben didn't have all that money and wasn't such a good guy in real life. He has a gambling problem and has borrowed a lot of money in the hopes of reselling the coins which are graded much higher than they should be. He sells them like hotcakes on ebay. The money rolls in and he is considered a great guy because he's letting the little guy get the chance to own one of his grandiosely graded silver dollars. There may even be a special sticker put on the slab indicating it's a Big Money Ben coin too, LOL...

Now you can see how an XF-45 coin can be in an AU-55 slab.

Take Care
No Money Ben
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