1934 D Peace Possible VAM 4

It is not the VAM 4, because it does not have the doubled tiara rays (which would be visible in the photos and it would have been noticed by other "Cherry Pickers" if it was a VAM 4). It is probably a VAM 5 or 5A.

I am pretty sure Great Southern Coins research their coins using VAMworld and other sources before listing them, because I have yet to see any really rare varieties in decent condition listed by them without calling out the variety. Not to say that they don't make mistakes or let a good variety get by occasionally, but for the most part they are what I would call "picked over".

Here is some proof that they know something about VAMs. http://www.ebay.com/sch/greatsouthe...Sold=1&rt=nc

I like to look for coins that are not listed by dealers. I also don't "cherry pick" online sellers as some would call it. I buy in big quantity when I have the money and research the coins when I get them, then resell whatever I want, however I want. Most of the time I can make money reselling them just because of the condition, finding rare VAMs is just a bonus.

Posting about a coin before you get it can open a can of worms if the wrong person looks at the post.

I am not trying to be rude. I am just giving you some really good advice. I hope you will use the advice to your advantage in the future.

Kris

I used to search out people that only sell coins occasionally or were first time coin sellers, which usually means they are selling off a collection and they don't know anything about them. Lots of Morgan and Peace dollars are plentiful on ebay. It just takes some time to sort out the good from the bad lots. I also like to look for coin books that are full or half full, etc... There are others that do the same, but they don't usually spend more than $30 a coin on them. I have gotten several rare coins doing this. You might have to pay a little over $30 a coin if they are all in really nice condition. A while back I found a lot that had a 1883-S AU Morgan that was worth $100 or more alone along with and 8TF 1878 and several other silver dollars, the lot did not bring more than $30 a coin. Another secret is to search newly listed buy it now coins. You have to be really good at attributing though, I stopped doing that because I bought a $150 1878-P 7/8TF coin that was only listed for a few minutes thinking it was a rare VAM worth around $300 or more, but it wasn't what I thought it was and I barely got my $150 back out of it. Newly listed can be good for searching out under graded coins as well.

Here is a link to a thread I started a few months back talking about the lot that sold for aroun $30 a coin. I am guessing the person that bought the lot quadrupled their money.
https://goccf.com/t/168514

If I had the money these are the types or lots I would be bidding on. Since I am giving a link to the open auctions on a Coin Website it is very possible these lots will go higher than usual, but it will give you a good idea of what to look for.

http://www.ebay.com/itm/LOT-OF-5-AM...em19f0bf7a5b

http://www.ebay.com/itm/Twenty-Beau...em3ce4f69899

http://www.ebay.com/itm/Morgan-Doll...em25928a860b (This lot has a reserve, but the 1880-S VAM 9 alone is worth the asking bid at this time, the 1880-O is worth over $100 in anything better than AU condition. There are also a few in the description that are not shown so I would contact the seller and ask or bid accordingly if you bid on this one, I am pretty sure it was a mistake when uploading the photos though.)

http://www.ebay.com/itm/Peace-Dolla...em418455c579

Notice how most of these lots I linked to are missing one KEY word in the title.

It took me about an hour to find all of these lots. I would not recommend buying them just because I linked to them. I hope you can see that there are lots out there that can be purchased for well under what the coins are actually worth. It just takes doing some searching and knowing how to look for them.