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Hoe Much It Is Worth?

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Pillar of the Community
shatsi's Avatar
United States
1541 Posts
 Posted 08/02/2005  2:39 pm Show Profile   Bookmark this topic Add shatsi to your friends list Get a Link to this Message Number of Subscribers
Any idea on how much this might worth
1887 VAM-5 Double Date - ANACS MS63
They're priced it at $130
Also why is it there's no mint on this coin?
I refered the Red Book but there's no listing on this, how else can I go about?

Thank You,
Malsha
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Metalman's Avatar
United States
7123 Posts
 Posted 08/02/2005  2:52 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi shatsi

I will have to defer the pricing of these coins to someone else,, I do not collect Morgans, but I can answer the question on the Mint mark,

coins with no mint mark are philadelphia mint coins .

Rick

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shatsi's Avatar
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1541 Posts
 Posted 08/02/2005  4:40 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
What grading companies are well recognized? I know NGC is good. What about ANACS, NTC etc.
Which one would you trust?
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 08/02/2005  6:36 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
If there is no mint mark, then it was minted in Philadelphia.

My personal preference in grading companies is ANACS. They have very consistent grading standards and I haven't seen one yet that was overgraded.

PCGS, NGC, and ICG are the other 3 respected companies.

This particular VAM is considered to be a Rarity 4, which means that the number available is in the 10,000s.

If I were a collector of VAMs, I would buy it at that price if I could at least see a pic of it and there was a return policy.

Please keep in mind that, even though it has been graded by a respected grading company, this does not mean that the grade is necessarily correct. Grading is very subjective. One of the best things you could do for yourself is get a Photograde guide and an ANA grading guide and learn to grade coins for yourself. That way, you will always know what you're buying regardless of the slab it's in. I would also recommend getting the Comprehensive Encyclopedia of Morgan and Peace dollars (known as the VAM book). There is a lot of information in this book and you can learn about these coins inside and out.

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shatsi's Avatar
United States
1541 Posts
 Posted 08/03/2005  09:29 am  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Thank you. I'm going to look into the book as well. I've asked this person to send me pictures and I'll post it if he does.
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