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Replies: 18 / Views: 2,478 |
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Valued Member
United States
157 Posts |
I won an 1879 CC Morgan about 3 years ago, could've been 4. Anyways, I couldn't remember the price I paid if a stack kilo bars of gold were placed in front of me. So anyways I received it, signed up for NGC to try out the experience. I sent two CC's off. One came back as an F12 (1879 CC as well) and one came back as "1879 CC Top-100 VAM 3 Capped CC VF Details improperly cleaned" Now I'm no genius, but I get the whole improperly cleaned part... (which wasn't shown in the pictures nor in the description, which is the reason I stated yesterday, I will not ever go off of what people post on ebay). Anyways after reading that post yesterday and realizing I had this coin tucked away, I went for a drive and got it out. I never really questioned it or googled it as to what it meant, or even if it's worth anything? I can take a picture if need be. I know there are SO many experts here, it amazes me, it truly does. I'm so lucky to have found this site, I've learned a lot in the past month or 2 since joining... coming from a site like goldsilvercha*.com. Thanks for the information. Oh and the VAM is the die they used? Guess...? Thanks.
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Pillar of the Community
United States
7390 Posts |
A top 100 is AWESOME stacker. As someone who is just getting into vams take this advice... STAY AWAY BEFORE YOUR EYES FREEZE & BRAIN MELTS!
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Moderator
 United States
23522 Posts |
My first question is, how did you get NGC to attribute a variety for free? They charge extra for that. VAMs are the Morgan dollar varieties; the name is an acronym for Leroy Van Allen and A. George Mallis, who originated them. http://www.coincommunity.com/us_mor...is-a-vam.aspVAM-3 for 1879-CC is notable for the extremely "crumbled" look of the mint mark, believed to have been caused by a larger mint mark overpunching a smaller one. It also has substantial doubling at the date, odd because the 1-8 are doubled up and the 9 is doubled down, unusual for a Morgan. Yes, we'd love to see pics. VAM-3 has a subvariety, 3A, characterized by die gouges by the eagle's left wing and the A in AMERICA. Might as well finish the attribution.  This is one of those "fascinating but common" VAMs. A nice Mint State example will bring a premium.
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Valued Member
 United States
157 Posts |
Hey Super! I really didn't do anything, except fill out the paperwork accordingly and insure them for a little more than what I paid for them (That I know I did, but I still can't remember what I paid). I simply submitted, and would check in on their website periodically since it updates on their site as to what it is, before it actually gets to you (at least it used it, I don't know if it still does). Give me about 5 minutes and I'll get some pictures together.
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Pillar of the Community
United States
7390 Posts |
U must have had free submitions for signing up but the attribution should have been an extra charge? At least that's how pcgs is, haven't sub at ngc yet
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Valued Member
 United States
157 Posts |
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Pillar of the Community
United States
7390 Posts |
I see them. There is one on ebay just like yours details but lower grade at good asking $120ish. So I would think you have a $100-150 coin. Congrats!... also, the other one wasn't slabbed as a VAM because ngc only slabs vams that are on the top 100, hot 50, or hit 40 VAM lists. Only big TPG that will look for and slab for all vams is anacs
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Moderator
 United States
23522 Posts |
There are some varieties so popular that the TPG's automatically attribute them, like the 3-Leg Buffalo. This may be one of them; it's certainly top-tier in terms of popularity. Not a value-added variety below Mint State, because enough higher-grade examples exist to satisfy current demand. A definite long-term keeper, though.
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Valued Member
 United States
157 Posts |
Thanks for the information guys! I really appreciate it. I hadn't planned on selling off any of my slabs, I honestly did it on a whim, since I'm not a huge numi guy, I just wanted to experience the process a few years ago, and took a shot. On an unrelated note, the only slabbed coins I wanna get rid of is this stupid first strike ms70 2011 panda, I guess there are tons of them, and I didn't know when my LCS guy gave it to me for about $60 worth of silver. He also gave me a slabbed NGC 2003 First Flight PF 69 Ultra Cameo, for like $40 in silver. It's a coin of Orville and Wilbur Wright 100 year anniversery coin. Not really my thing. But back on topic. You guys are extremely helpful. So certain VAM's are popular among collector's and such? I had no idea, and like I said I've been collecting mainly bullion for around 5 or so years. Man, at the other site I used to go to I would've been steam rolled and called an idiot, feels good here!
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Moderator
 United States
23522 Posts |
Morgans are a hugely popular issue with collectors as it is, and numismatists seek varieties. It's what we do.  Some of the die varieties found in Morgans are really stunning visually. Seek images of the 1888-O Hot Lips, the Rusty Fish Hook, Sextupled Stars, Donkey Tail.... There is naked-eye doubling of almost the entire reverse, near-complete alphabets of letters clashed onto the fields, bisecting die cracks and breaks you could drive a loupe through.  And the 1921's. They're enough to spend an entire career on. People are, as we speak, spending entire careers on 1878-P's.
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Pillar of the Community
United States
1748 Posts |
I particularly like the 1890-CC Tailbar. 
Edited by DoubleEagle20 03/14/2015 5:08 pm
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Pillar of the Community
United States
7390 Posts |
You hit it stacker. This place is great for the uneducated. In the last month or two I have learned more than the last few years... p.s.- I may be interested in the silver you want to get rid of but you may be too new here for us to deal right now? I tried sending u an email but couldn't?
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Moderator
 United States
23522 Posts |
He may not have chosen to enable his Forum Messaging yet, Cascade. I know you mean no harm but I have to mention we really frown upon any discussion of commerce in the open Forum. The reason learning is easy here is because that is our mission, to educate new collectors. It is expected of Coin Community members to either learn or teach. Our rules are strict as a result, and permission to engage in commerce here has to be earned.
It's all spelled out in the rules.
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Pillar of the Community
United States
7390 Posts |
sorry dave, I wss just expressing my interest. I know theres a taboo about it here but I haven't traded with anyone yet and wasn't sure if he was too new or what as I couldn't message him.
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Pillar of the Community
United States
1748 Posts |
...and then there is the 1889-P Bar Wing... 
Edited by DoubleEagle20 03/14/2015 6:39 pm
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Pillar of the Community
United States
7390 Posts |
Nice coins DE... u sure do like your "bars"... got any tails, horns or hooks lol
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Replies: 18 / Views: 2,478 |