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Replies: 369 / Views: 63,869 |
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Pillar of the Community
United States
5625 Posts |
Bryan, I have been seeing your remarks and others about the VAM 85 on VW, I do NOT agree with many things stated, one being the 86 is seen as a more valuable coin than the 85, hogwash, I do not buy the reasoning given and from your comments it appears you do not also. I see your coin as the most remarkable find for the Morgan dollar series,& the B1 reverse, also the hobby on the whole owes "You SD & SANTA" LOL.. I see the event as a flame that has carried the Re-ignition of the torch for the hobby WE have all come to know as Vamming........  PS, I also see the VAM 85 price thing being much more than people say. Be Well, Mike....
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Bedrock of the Community
 United States
14454 Posts |
I believe it has to be "the person who found it" that is reflecting the price because I just can't understand how both the VAM-85 and VAM-86 was minted before the VAM-80, and yet the VAM-80 and 85 are both found in uncirculated condition but yet no one thinks there are any VAM-86's in anything above XF out there, so the price for the XF VAM-86 is worth double what a MS-63 VAM-85 is worth. I kn ow I am a nobody in the community and the VAM-86 founder is well known (and even owns PCI) and it just makes me think maybe that has something to do with the price difference. It really doesn't matter to me as I am not trying to sell any of either, I was just wondering and that is why I asked
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Pillar of the Community
United States
5625 Posts |
Bryan writes, the VAM-86 founder is well known (and even owns PCI) and it just makes me think maybe that has something to do with the price difference. I do think you are on to something, I mean no dis-respect to anyone, I am just making an observed opinion, I do feel that people in the right place, could and do have a very strong effect on the direction of things, especially who the people are and where their influence "might" assist the market place in which these coins are subject to the opinions of the reading public. THIS IS JUST MY OPINION........ 
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Pillar of the Community
United States
3076 Posts |
one could be drawn into a conclution, if the Vam86m is only found in EX persay condition, that it was actually minted before the VAM 85, which has only been found in MS condition...BBBSSS........the fact is....Both have few EXTREMELY few non exisiting populations......The truth of weather the Chicken or the egg got to the other side of the road first is irrelevant.....If one truely wants to understand the "relevance of rareity" one only needs to go to PCGS site and check out the online facts of what was held in the FED banks for so many years, and how that has influenced the PERCIEVED populations and grades thought to exist back in the 50's 60's and 70's.......1,000 dollar bags of so many years EVEN the 1895-S,,,,in mint state.... To the point...some one is trying to CASH OUT on VAM 86 for its implyance of its only found in worn states SO FAR....wait till they HYPE that coin up and suddenly a Mint state coin is found...talk about "hype" and at 10 times the price of VAM 85.....I hate to see politics in coin collecting but there you have it...
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Bedrock of the Community
 United States
14454 Posts |
what I said above was just a guess on my part also as I am just trying to make sense of how this happened because the sale of the attributed VAM-86 was only a month or so after it was discovered and if I am not mistaken one of the 2 MS-63 VAM-85's were sold at that same sale for about half of the VAM-86 in XF condition sold for. It just doesn't make much sense to me when I sit and try to think of whats going on, and politics of the whole thing is all I keep coming up with. As I said above, it really doesn't matter to me as I am not trying to sell one or the other, I am just trying to make sense of the market when it comes to these two coins
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Pillar of the Community
United States
5625 Posts |
Some things are OUT of our control.... The thought about the "VAMVIEW Guide" is a good example, a very well thought out, detailed "guide' as to the authors opinions of the gathered information of just that, a "guide" in their opinions based on what certain Vams sold for and this information "should" be an indication of the values of these coins.
I do not see this indicator as a reality factor, I see the sales being one price on one day and a complete different price on any given other day. I see the guide as a point of "ground zero" to work from, but not an exacting group of facts, simply because if people are going to want a coin, they will pay what they wish, or what they feel it is worth to have the coin in their collection.
I think also certain people in certain positions have the pull to have the playing field groomed to suit them, not others, I also feel their are people who stand to prosper better if the information put out there, while not necessary true, know better, but it would suit them anyway.........Politics did you say.PS, I would also like to put it out to all members who have an interest in the vamming hobby, how many members of the "other site', who are on the governing board, do you think are coin collectors, or are dealers, or are sellers of vams to the point of it being a strong income to support themselves, think about that!!!
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Pillar of the Community
United States
3076 Posts |
Dad that's a very good point... I would like to point out.. the Vamview guide is a retail price assesment of VAM values not a true listing of what they will pay for them if you want to sell them...PLEASE do not take me as being condescending. its there nature of the business of dealers buying and selling...My 1878 P 41C, when I found it in MS62 PL, was about a vamview $400 dollar coin , aside remarks from the SSD members, thought it was about $100 bucks not even close to Grey sheet...any 1878 in MS62 is not 100 bucks, Folks there will always be a definitive line, between value and the dealars who sit on these coins.. Just like any Pawn shop....?We are the ones in between the have and have not's and the skyrocketing priceces for the coins we just have to have...It's just business...
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Moderator
 United States
23522 Posts |
Well, we're churning out new VAMmers as fast as we can here. That should help the market eventually. 
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Bedrock of the Community
 United States
14454 Posts |
what had me puzzled is LVA clearly stated that the VAM-85 and the VAM-86 was minted before the Obverse was used for the VAM-80 and VAM-22. Every VAM-85 that I know of that has been found has had DMPL fields and I even have a MS DMPL and PL examples of the VAM-80, so what I don't understand what would make someone feel there is nothing but XF VAM-86's out there. It seems since the 85 and 86 was before the 80, and there are MS DMPL of both the 85 and 80, then there has to be at least one 86 in MS out there that should have DMPL fields as well. I know I probably sound like a broken record here but this is what keeps going through my mind. Maybe I am thinking about it all wrong but if a MS example is found even in low MS grades it will be a 5 figure coin compared to what the XF's are selling for
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Pillar of the Community
United States
5625 Posts |
I see and agree with the before the 85 and 86 therory, I clearly also see that the 85 being before the 80, and the coins found are in pl or dmpl I agree that there clearly must be examples of the 86 in the same condition, just NOT found yet. It does make perfect sense to me, I think in the near future, This will come to light, ON the other hand, could the evidence be wrong, that the 85 and 86 are NOT before the 80, I think not.......
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Bedrock of the Community
 United States
14454 Posts |
Quote: ON the other hand, could the evidence be wrong, that the 85 and 86 are NOT before the 80, I think not....... If there wasn't a VAM-22 I would say it may be possible, but since the VAM-22 has the same die cracks on the Obverse as the VAM-80 and I know they are missing on the VAM-85, so at least the VAM-85 was before the 80. If the cracks were different on the VAM-22 I would say its possible that they polished the cracks out and it would be plausible they were after, but since they are the same and there are none on mine, its just not possible I don't think
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Moderator
 United States
23522 Posts |
As far as I'm concerned this whole die progression needs to be reexamined from scratch. Known stages of 22 reach die cracking of a level that precludes additional use of the die, or successful polishing. 22B's cracks rise to the level of a break at the second left star, and that stage is also heavily-clashed on the obverse. But it's an 8TF coin, by definition earlier than the B1's.(?) Now. My sole personal example of VAM-80 - determined by careful comparison of the reverse cracks - has some weak obverse cracking which matches that of VAM-22. But it doesn't have the cracking under the date or to the first right star, and it does have cracks from right star 4 to 5 which don't appear on any 22. In truth, I honestly don't think you can get from 22 to 80, in either direction. Be mindful here, we're not crystal-clear about timeframes in what was a very short period of furious change at the Mint (a matter of a month or so), and the very real possibility exists that there was a point where 8TF, 7/8 and B1 dies were in presses simultaneously. Were the obverse cracks imparted by a defective master die? Just how much of the stuff we're pointing at came from the master die and the hub? Now, for another thing. We don't have very much photographic record of V86, yet. What we do have, though, is one plate image (the bottom one at VAMworld) which appears to indicate that 86's nose was polished farther open than any of the other purported uses of the same obverse die. How does that fit in? Once that nose it lost, you can't add it back in later. The only conclusion is, if these are all one obverse die, V86 was the latest usage of it. Here's my VAM-80:  Here's a 22 I snagged from Heritage:  You tell me. All I know is, it's obvious to me that we don't have it right yet.
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Bedrock of the Community
 United States
14454 Posts |
This is one of my VAM-80's and you can see the crack at the neck is on in the same place, its not on any of my other VAM-80's but is on this one and looks to be the start of the crack and progressed further in the picture of the VAM-22 you posted  Edit, it is on 2 of the other VAM-80's but it is very faint and you have to turn the coin multiple ways to see it, this one its pretty pronounced
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Moderator
 United States
23522 Posts |
....and the VAMworld plate pic for VAM-80 has no obverse cracks. The plate pics for VAM-22A have minor cracks, and indeed I haven't found a 22 without at least a little cracking.
I don't have an explanation yet, but things are fishy.
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Bedrock of the Community
 United States
14454 Posts |
yeah I don't have a VAM-22 to compare, the crack on the neck looks like the one on the VAM-22 you posted but there is no cracks around the date. I just looked at the VAM-85 again and it is void from any cracks on the Obverse, it does have that die gouge going from the bottom of the 7 to the top of the first 8 though, that you can see in my picture of my VAM-80 above. There is actually another gouge running from the bottom loop of the second 8 and going through the top part of the 7 and that one runs all the way up to the hair curls. that one is a little hard to follow after it goes a little above the 7 but if you tilt it back and forth you can see it does make it all the way to the curl
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Replies: 369 / Views: 63,869 |