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Some Help Needed With Some Morgan VAM's & My 1882-O VAM-38A

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Author Previous TopicReplies: 9 / Views: 2,043Next Topic  
Valued Member

United States
224 Posts
 Posted 06/06/2009  11:29 pm Show Profile   Bookmark this topic Add huntsman53 to your friends list Get a Link to this Message Number of Subscribers
Hey CC Folks,

I picked up three Morgans last weekend that are VAM's and was wondering if anyone could help me with their values! I have posted pics of the 1882-O "VAM-38A" Morgan and may try to get some pics of the others but for now, I have given the grades and a little bit of information about them!

1. 1878-P "8TF" Morgan dollar (Spear Point Variety) VAM-1 in AU-50 uncleaned.

2. 1882-O Morgan dollar VAM-38A in AU-50 to AU-53 uncleaned. This coin has the strongest and most Die Clashing that I have ever seen on any Morgan dollar and more than the example on VAMWorld.

3. 1891-CC Morgan dollar VAM-3 (Spitting Eagle Variety) in VF-25 uncleaned.


Thanks ahead of time for the help! Also, please check out the pics of my' 1882-O VAM-38A! It may just go into the books as one of the most Die Clashed Morgan dollars ever! Note: Due to lighting problems, the pics came out with a yellowish hue to them, so all of them have been converted to Greyscale.


Frank



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Edited by huntsman53
07/07/2009 12:31 am
Pillar of the Community
nuggethill's Avatar
Australia
1015 Posts
 Posted 06/07/2009  03:00 am  Show Profile   Bookmark this reply Add nuggethill to your friends list Get a Link to this Reply
Frank that coin has some outstanding die clashes,the best I've seen so far on a 1882-O VAM 38A
Good one mate
Valued Member
United States
133 Posts
 Posted 06/07/2009  11:47 am  Show Profile   Bookmark this reply Add ocsjr2001 to your friends list Get a Link to this Reply
There's more of these around then what you think. A couple of years ago I sent one (MS62)to Leroy that showed everything yours shows and it already had a revison on it for all the clashing. It's a nice coin but don't expect to get rich off it in a circulated condition. In MS60 its listed at around $500, but with the economy the way it is, even that would be less. I also have a graded AU53 which I value at $200 in my coin program. Kimpton knew about this coin when he wrote his book and it didn't make his Elite list. Hope this helps.
Valued Member
United States
133 Posts
 Posted 06/07/2009  11:52 am  Show Profile   Bookmark this reply Add ocsjr2001 to your friends list Get a Link to this Reply
My computer and I are fighting and I ended up double postingif a moderator would delete one I'd appreciate it. Thanks, Smitty


<<<Your wish is my command. tights24 >>>
Valued Member
United States
224 Posts
 Posted 06/07/2009  1:57 pm  Show Profile   Bookmark this reply Add huntsman53 to your friends list Get a Link to this Reply
I want to thank everyone for the comments and information so far! I know the pics do not do the coin justice as it is much better in person than in the pics. Also, the pics do not show all of the Die Clashing that this coin actually has on it and I can tell you that it is a lot. It seems like that everytime that you tilt it differently in the light, an additional area of Die Clashing comes to light that was not seen before.

Smitty...So what do you believe that my' 1882-O "VAM-38A" should be worth and what I might be able to get for it in this Depressed Economy? There is enough wear on the coin to warrant an AU-50 grade but due to nearly all of it's original Mint Luster remaining on it, I believe that a TPG would at least bump it up to an AU-53 or AU-55! Again I state, the pics do not do the coin justice and I guarantee that it is much better in person and does not have that grainy look that shows in some of the pics.


Frank

Valued Member
United States
133 Posts
 Posted 06/08/2009  12:37 pm  Show Profile   Bookmark this reply Add ocsjr2001 to your friends list Get a Link to this Reply
I couldn't find anything out about prices in raw circulated grades, getting it graded and attribulated by ANACS before putting it up for auction should help the price tho. I also have a couple of these in raw circ. but never bothered to have them graded. I've never gotten into the selling part of this hobby and the only time I buy is when I can upgrade. The prices I could find were on MS coins, sorry.
Valued Member
United States
133 Posts
 Posted 06/08/2009  2:59 pm  Show Profile   Bookmark this reply Add ocsjr2001 to your friends list Get a Link to this Reply
ANACS Pop. = 15, 3-50,1-53,2-55,1-58,4-62,4-63.
Valued Member
United States
224 Posts
 Posted 06/10/2009  12:30 am  Show Profile   Bookmark this reply Add huntsman53 to your friends list Get a Link to this Reply
Smitty,

Thanks for the additional POP info! As I feared, there are quite a few more of these Varieties than I had hoped! Oh well, I still think that it is an amazing Variety that has been ignored too long by VAM Collectors. It beats the Jimmy Dickens out of me, why the Variety is not on the Top 100 List, Hot 50 List or the Hit List 40, especially with an R-6 rarity! I am still trying to decide whether to list it on ebay or take offers in the Sell Forum here on CC and any advice would be appreciated!


Frank

Pillar of the Community
3660 Posts
 Posted 07/14/2009  8:35 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Hi Frank,
I noticed that you mentioned the R-6 rarity. Actually rarity ratings relating to vams are absolutely meaningless. I have two different vams with R-7 ratings, 1878 VAM 27 and 1878 VAM 57. The problem with this is that I (by myself) have over twenty of each variety. Does this make any sense or build any confidence in the rarity scale of vams? I would hope that no one would buy a VAM based on the R rating, but I imagine that it happens frequently and is a very important selling tool.
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SeatedNut's Avatar
United States
2797 Posts
 Posted 07/15/2009  07:49 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
zeewool is right on with this observation. These R-ratings were assigned by Leroy Van Allen as he catalogued each variety. They were his best guess at the time and some are accurate, but many are not as rare as the rating would indicate. Eventually the VAM community will adjust these based on first-hand collecting experience. But for now they are all the general population has to determine rarity.

A more accurate determinant would be prices realized for sales and auctions. A list is compiled annually or semi-annually and published by VAMWorld for paid members of the Society of Silver Dollar Collectors (SSDC).
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