What To Do With A VAM-22? (1896-O) - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 7 / Views: 1,813
Beefer518 Pillar of the Community United States 887 Posts	Posted 11/14/2017 11:06 pm I bought this a while back, and sent it in on a bulk submission to ANACS, and the results were just posted. It's a VAM-22, which is a contemporary counterfeit. NGC does not consider it to be a countefeit, and will slab it as a regular Morgan. So I have some options; Return it Submit to NGC Keep it as it is Sell it as what it is, and let the collectors of this type of thing pay what they will. I'm in it Just <$50. What would you do? Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 11/15/2017 05:01 am So are all VAM-22's contemporary counterfeit? If it does not fit into your collection and you have no interest in this type of collectable then (Sell it as what it is, and let the collectors of this type of thing pay what they will.) John1 Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 11/15/2017 10:13 am NGC "doesn't think" it's a counterfeit? That's hilarious. Report this Post to the Staff
Beefer518 Pillar of the Community United States 887 Posts	Posted 11/15/2017 11:45 am https://www.NGCcoin.com/news/article/4934/ Here's the write up on it Report this Post to the Staff
Chopped Triumphs Pillar of the Community United States 562 Posts	Posted 11/18/2017 3:46 pm I'm assuming you already did the magnet test and the flip of the coin to listen to the differences, IF they passed those and NGC thinks it's good I'd keep it. if you like the coin . Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 11/18/2017 6:32 pm Quote: I'm assuming you already did the magnet test and the flip of the coin to listen to the differences, IF they passed those and NGC thinks it's good I'd keep it. if you like the coin . It'll be a cold day somewhere very warm when I believe NGC (a company whose VAM attributions do not inspire trust) over the opinion of Leroy Van Allen (the "VA" in " VAM"). The NGC article does not address any of the issues Mr. Van Allen noted when he decided this coin to be counterfeit, and indeed denies the existence of casting flaws Van Allen found on the variety. Is it worth revisiting? Perhaps. But Leroy Van Allen is still going strong and as far as I'm concerned it's not real until he says it is. Report this Post to the Staff
Chute72 Pillar of the Community United States 1314 Posts	Posted 11/18/2017 7:47 pm Ditto what SuperDdave said. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 11/18/2017 8:42 pm It further bears mentioning that NGC seems to place a disproportionate level of trust in "flow lines" as evidence, for a coin not known in Mint State.... Nor is it on the list of varieties they designate. Report this Post to the Staff
	Replies: 7 / Views: 1,813

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Peace and Morgan Dollar VAM

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.31 seconds to rattle this change.