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1885 CC GSA Morgan

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United States
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 Posted 12/17/2011  9:15 pm Show Profile   Bookmark this topic Add slyants to your friends list Get a Link to this Message Number of Subscribers
what does a 1885 cc GSA coin usually run in price range looking to buy 1 at a coin show and don't want to over pay.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 12/17/2011  9:37 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Should be around $650 to $800 (MS-61 to MS-64)

I found this one on ebay, which has been graded by NGC and is not a bad price.

http://www.ebay.com/itm/1885-CC-MOR...ht_805wt_952
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 12/18/2011  2:32 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
On Heritage examples certified as MS-62 go for about $550, MS-63 for about $575, MS-64 for about $600, and MS-65 for about $900-1000. I would go for the MS-64 examples as they are not much more money but you are getting a much nicer coin.
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United States
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 Posted 01/03/2012  2:58 pm  Show Profile   Bookmark this reply Add slyants to your friends list Get a Link to this Reply
thanks bought a ms62 for 470.00
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 01/03/2012  3:54 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Sounds like you got a good deal.



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oih82w8's Avatar
United States
7840 Posts
 Posted 01/03/2012  4:19 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Do Not Crack it out of it's Original Holder!

Look for a possible VAM-4!

Numismedia.com FMV;

1885-CC GSA MS-62 $680
1885-CC GSA VAM-4 MS-62 $960

This is a TOP 100 coin.

"4 III2 3 - C3a (Thick Dash Under 8) I-2 R-4
Obverse III2 3 - Thick dash under and touching second 8 with die chips at bottom inside of lower loop.. Bottom of dash is faintly doubled. One of the largest dashes known.
Reverse C3a - Die chips within both mint marks C's."

http://vamsandmore.com/shop/1885-CC...50-2915.html

"Description: The 1885-CC VAM 4 is famous for its thick dash under the second "8" in the date. "Dash" varieties were created when the die engraver counted ten denticles to the right of Liberty's neck and marked the die, so that the date could be positioned properly. In this case, a piece of the die broke out between the dash mark and the bottom of the "8." The result was a stunning doubled dash, which always draws oohs and aahs whenever it's encountered!"http://vamquest.com/auctiondetails....id=1364#desc
Edited by oih82w8
01/03/2012 4:22 pm
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TMR's Avatar
United States
28 Posts
 Posted 01/03/2012  11:54 pm  Show Profile   Bookmark this reply Add TMR to your friends list Get a Link to this Reply
Question for oih82w8, I recently looked at a PCGS slabbed 1885 CC MS 63 noted as being from GSA. The coin shows all of the attributes of VAM-4 but is not labeled as a such. After examining the VW information, IMO, it is a VAM-4.

Does the fact that the coin is no longer in the original GSA holder affect the value if it is truly a VAM-4?

What is a reasonable price for an MS 63 vs MS 63 with the VAM-4 designation on the label?

I am wondering if I purchase the coin, would it make sense to resubmit for VAM designation?
Thanks for yours and anyone's comments.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/04/2012  12:51 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
VAM-4 seems to be fading as more and more become known, including an NGC MS67(!). Last December 9th, Heritage offered 3 NGC 65's in GSA holders. One was identified as VAM-4. All 3 sold for the same price. Indications are the GSA holder is worth more than the VAM designation, these days. The NGC 67 VAM-4 did not even reach the usual price for a PCGS 67 with no designation.

Ironically, although only 228,000 of these were minted, the GSA ended up holding 148,000 of them. That's an incredible percentage, although still quite scarce in terms of the GSA releases, which included almost a million 1884-CC's alone. It appears that the vast majority of early '80's CC coins survived both circulation and melting; they were among the first sent back to the Treasury for storage, and as first-in, last-out, they weren't melted.

Word to the wise: 1885-CC is the single rarest Morgan in circulated condition.
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/11/2012  11:36 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Sorry for the slow response. Not a whole lot of people know about or can differentiate the VAM Numbers (me included!) and just see the GSA Packaging and do not dive any further. IMO, I would think that a VAM attributed GSA Dollar would be worth more in the original packaging, however, according to SuperDave's numbers, there were more NON-GSA 1885 CC dollars than GSA's (originally, some I am sure were broken out of their holders).

I had my 1884-CC GSA graded through ANACS and did not think about VAM-ing it until afterwards, and it turns out to be a VAM-2, with the die break across the digits;

Obverse III2 2- 1 doubled above the upper point and above the lower crossbar. First 8 doubled to left outside. Some coins show a die break across bottom of the digits.
Reverse C3b- First C doubled on the left inside.


http://www.vamworld.com/1884-CC+VAM-2

Slight Premium I would believe.

Still nice to look for VAM markers!
Edited by oih82w8
01/11/2012 11:48 am
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/11/2012  11:49 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
65% of all 1885-CC's minted ended up in GSA holders. That number pales into insignificance against 1884-CC, where something like 90% of the original mintage was released by GSA. But with the difference in mintage, there were still more 1884's available for circulation than 1885's.
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United States
836 Posts
 Posted 01/12/2012  2:25 pm  Show Profile   Bookmark this reply Add brenpickle to your friends list Get a Link to this Reply
I need to get a GSA or two.
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