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Possible Top Pop 1883 VAM

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Bump111's Avatar
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 Posted 07/31/2023  1:18 pm Show Profile   Bookmark this topic Add Bump111 to your friends list Get a Link to this Message Number of Subscribers
I was able to purchase a nice 1883 Morgan recently. If everything works out as I hope, this will become a top pop VAM. Currently in a MS65 holder, but unattributed. These are the seller's photos and all I have at present. Thoughts welcomed - would you agree that this is properly graded at MS65?


Possible-Top-Pop-1883-VAM
Possible-Top-Pop-1883-VAM
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Edited by Bump111
07/31/2023 1:21 pm
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 Posted 07/31/2023  3:12 pm  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
I'm not a Morgan guy. I actually dis-like them because of their busy design. (but that's just me)
The reverse looks good...little scuffing...but the obverse has a couple of open field hits that may keep it at 64 depending how deep they are...
I'm kinda into VAM's...give me a hint so I don't have to do too much research ; )~
Very beautiful coin (she in a NGC now?)
smat
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 Posted 07/31/2023  4:31 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
Thanks for your thoughts, @smat45. Yes - this is in an older NGC holder. I'd like to keep my VAM attribution out of the equation for now until I confirm upon receipt. If you look at the '83 VAMs, you may figure out which one it could be and why I'd be excited at the possibility of a high grade. If the VAM is confirmed but it downgrades to a 64, I'd still be enthusiastic. Otherwise, it is still a nice coin in a 65 holder and I should be able to recoup the purchase price.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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CherryPicker1's Avatar
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 Posted 07/31/2023  4:47 pm  Show Profile   Bookmark this reply Add CherryPicker1 to your friends list Get a Link to this Reply
I know what VAM you're suspicious of this being. I do see similarities, however my concerns are that the obverse die crack follows a bit different of a path and the reverse is a completely different die.
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Bump111's Avatar
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 Posted 07/31/2023  5:45 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply

Quote:
the reverse is a completely different die.


My concern, too. But, the die break through the left star is similar, I think I see the crack through the D of Dollar. This could be a later reverse die state that the VAM plate coins. As I said, if I'm wrong, I didn't go crazy on the purchase. I don't have too many concerns on the obverse (money) die. If it isn't what we think, it is likely a VAM-14 (I've been fooled by those before.)

Any opinion on grade from the provided photos?
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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panzaldi's Avatar
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 Posted 07/31/2023  6:13 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
the 83(P) should exhibit above average strike. this one is a little short with the weakness around the ear and the eagle breast. the cheek is very clean and has full luster which bumps it a notch however the scuffs on the fields on both sides may hold it back. I think the obv looks like it could pull a 65 at PCGS but they are tougher on these than NGC so if it went to them I think the reverse would net the coin to MS64. there is a chance it could bean at CAC. its a tough call to resub it to NGC asking for the attribution. my guess it that if it went back to NGC that they may maintain the original grade on the slab rather than change it.
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 Posted 07/31/2023  7:33 pm  Show Profile   Bookmark this reply Add CherryPicker1 to your friends list Get a Link to this Reply
You don't need to worry about NGC downgrading it because you can simply send it in for Reholder with variety attribution.
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 Posted 08/01/2023  05:49 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Nice looking Morgan.
Take a look at my other hobby ... http://www.jk-dk.art
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Bump111's Avatar
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 Posted 08/01/2023  09:42 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
I appreciate the continued replies. I always look forward to @Panzaldi's considered and detailed evaluation of the Morgans.

I hadn't thought of sending back to NGC for attribution. That would seem to make the most sense, even though it might cut into potential returns. I may just go that route. The coin is on its way and should be here in a day or two. Hopefully, I'll be back with good news.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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ericgreen's Avatar
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 Posted 08/01/2023  10:19 am  Show Profile   Bookmark this reply Add ericgreen to your friends list Get a Link to this Reply
Obverse is a 65 all day. I don't think the reverse would be enough to pull it down to a 64. I think it is correctly graded.
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TobyJ's Avatar
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 Posted 08/01/2023  12:42 pm  Show Profile   Bookmark this reply Add TobyJ to your friends list Get a Link to this Reply
I think its correct at MS65.
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paralyse's Avatar
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 Posted 08/01/2023  7:50 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
MS65 no problem

83P has a ton of VAM's that are nearly indistinguishable without scope photos to focus on die markers such as gouges and polishing lines.

The pitting is a pretty good clue, but not diagnostic in and of itself.

Best of luck -- hopefully your hunch is correct!

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psuman08's Avatar
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 Posted 08/02/2023  10:40 am  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
I agree with 65.
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Bump111's Avatar
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 Posted 08/02/2023  10:58 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
Thanks for the continued evaluations and well-wishes. I know it is difficult to evaluate based only on the photos provided. I have received tracking info and the package is currently sitting in Minneapolis right now. I'm obviously eager to get the coin in hand for microscopic evaluation.

@Psuman08 - I'm honored that you used your 1000th post to comment!
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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westcoin's Avatar
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 Posted 08/02/2023  5:42 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I'm with Cherrypicker on the VAM this is one I've looked for a long time in the wild as a cherrypick myself and been unsuccessful - too many times. I've bought quite a few thinking it was that Top100 only to be disappointed when the coin arrived in hand.

That said I'm at MS65 on the coin and think it's pretty solid for the grade.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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Bump111's Avatar
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 Posted 08/02/2023  9:57 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
Some may remember the one I found in an ANACS MS-62 slab about a year ago.

http://goccf.com/t/421616

Possible-Top-Pop-1883-VAM

It's still in the unattributed holder and I had every intention of sending to PCGS. Maybe I'll put together a few and submit. In the meantime, I'm excited to see how this one turns out.

Edited to add MS62 photo
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
Edited by Bump111
08/02/2023 10:06 pm
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