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Whats A Good Price On A 1892-S VAM 2?

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LincolnGuy's Avatar
917 Posts
 Posted 12/03/2013  10:12 pm Show Profile   Bookmark this topic Add LincolnGuy to your friends list Get a Link to this Message Number of Subscribers
My dealer has an 1892-s VAM 2 in PCGS XF45. Its not on the slab as such but the cert # says it is. If I can pick it up for a good price I was thinking about sending it back in and having it slabbed as such. I am having a hard time finding a good guideline on the price. Any thoughts?
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SeatedNut's Avatar
United States
2797 Posts
 Posted 12/04/2013  09:10 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
What I offer is somewhat dated (Jan 2011 price guide - the last .pdf version of the guide) as it is all I have at the office. This guide lists the 92-S VAM 2 in EF at $1500 and AU $2500. The PCGS price guide lists the coin (without attribution) at $450 in EF. If you could get it for that price, you done good.

All the new price guides are paper copy and available through Logan McKechnie (VAMs and More). The last guide was published last January and there's no word yet on a 2014 version.
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United States
1554 Posts
 Posted 12/05/2013  12:46 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
The 2014 guide has gone to the printer. Last years guide has it at $750 in XF.
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LincolnGuy's Avatar
917 Posts
 Posted 12/05/2013  3:56 pm  Show Profile   Bookmark this reply Add LincolnGuy to your friends list Get a Link to this Reply
Ouch that's a steep drop in price. Normally I check ebay but these seem to be few and far between on there. I appreciate the help guys!
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twohawks's Avatar
United States
1551 Posts
 Posted 12/05/2013  9:49 pm  Show Profile   Bookmark this reply Add twohawks to your friends list Get a Link to this Reply
Last years price guild has a bunch of numbers that are not very correct. Some are very low, as Grey sheet bid is higher then the prices listed in V V. Some other numbers are a bit over the top, the 1882 V-2d comes to mind in MS-64 the guild has it at 5,000 in MS-64.

Keep in mind the VAM View is a guild that's all. VAM View has the 1878 P VAM-34a listed at 600.00 in XF, I sold my coin XF-45 4 weeks ago for 6,900.00. The last reported transaction was 11 years ago on that VAM. In 11 years only 4 have surfaced, so its a good idea to watch the market. When in doubt ask questions!

Logan and Dennis do a bunch of hard work on this guild, there work is "invaluable" Cherry Picks do not get listed as a normal price for any sale nor do distressed sales. A distressed sale is deemed when a given " VAM" sale "private" had been put in a well known sale with exposure the ending sale price would of been far greater but the seller needed to move it for cash NOW.

I have bought a few harder VAM's this way where being in the right place panned out. Other issues that can effect the selling price is when a large number of rarer VAM's end up on the same auction. In cases like this collectors have to chose 1 or 2 coins as cash flow becomes an issue. Tonight's Heritage sale is a good sale to look at. An 1888 O Scar Face "H-10" in MS-64 this is the only Known 64 hammered at 12,000. MS-62's have sold this year for this same price.

But this sale has a large VAM collection being sold off as the collector is very ill. This collector had a very fine collection and at the end of the 3 sales his coins are in I think the net will be around 2.9 mil. Everyone runs out of money even the big boys.
Edited by twohawks
12/05/2013 9:54 pm
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