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 Replies: 15 / Views: 3,032 |
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Valued Member
United States
84 Posts |
Got this for melt off craigslist. Is this an 8TF?   |
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Moderator
 United States
23731 Posts |
I count 8, I'd grade it at VF-30.
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Valued Member
 United States
84 Posts |
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Pillar of the Community
United States
1490 Posts |
yep 8TF. Graysheet bid at VF is $28.00 so getting it for melt is a good deal.
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Pillar of the Community
United States
8904 Posts |
I also count 8 TF. Not a bad one at all and for a nice price!  |
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Moderator
United States
23522 Posts |
Now for the fun part.  8TF's come in a number of varieties, some of them quire rare and valuable. The starting key to identifying them are the small feathers at the bottom of the wings, next to the eagle's legs:  Is it possible for you to get a closeup of this area? |
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Pillar of the Community
United States
2797 Posts |
No need to enhance ... It's a VAM 9 "First Die Pair".  |
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Moderator
United States
23522 Posts |
Quote:No need to enhance ... It's a VAM 9 "First Die Pair". The thought was on my mind - it looks pretty good for that - but I'm not ready to firmly attribute without closer pics. If it is, of course, this is one of the "highlight snags" of the year. |
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Pillar of the Community
United States
2797 Posts |
Quote:
The thought was on my mind - it looks pretty good for that - but I'm not ready to firmly attribute without closer pics. I am confident. I've snagged five of these and been outbid on twice that number. That separation of the small feather on the left wing is unique to the 8TF reverses. The closest thing to it is the VAM 14.1/14.10 but this has the space to make those non-players! |
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Pillar of the Community
United States
2797 Posts |
Oops ... now I notice this is in the "grading section" and I forgot to offer an opinion on that. This is a lock at VF and may possibly make EF40. VAM price guide lists the VAM 9 VF @ $300, and EF @ $700. I've seen these go on ebay in this condition (attributed) for $300 to $500! Ya done good Pilgrim. |
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Moderator
United States
23522 Posts |
I will defer to SeatedNut's proven expertise with this issue. But cautiously. An explanation is in order here for you, meauxszyslak. The VAM-9 variety is known to be the very first die pair to mint a Morgan dollar. A reporter on the scene for the first day of mintage noted that the dies broke after only 303 strikes; this number has since been debated but the variety is certainly rare and very much in demand by Morgan collectors. This is a major score indeed at melt value. |
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Valued Member
United States
376 Posts |
Lightning does strike occasionally! Good score.
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Pillar of the Community
United States
3076 Posts |
as usual your correct VAM 9, sometimes when you get hope late its to late to play the game, its already over, I don't know if I could go EF40 though......but its a great find!! |
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Valued Member
United States
84 Posts |
I have a good news bad news scenario here and I'm just going to lay it out. Yes, I got the coin for melt. I posted it here just to confirm the 8TF. When I checked back and said... "Cool, thanks!" I promptly forgot I had posted it here and never checked back, soooooooooo I missed the really good information you guys had posted. To make a short story long, I posted the coin for sale on ebay and it sold. I knew something was amiss as soon as I saw the sale price. $209... I will have to assume it is the coin you all attributed it to, and someone got it at a really good price. Live and learn... let this be a lesson to anyone new to this site, as I am. Utilize the resources on this website, and listen very carefully when great bits of wisdom are passed along to you. I'm a glass half full kind of guy so I'm not upset, I made a good deal and someone got a great coin. All's well that ends well, right? Okay gang, let me have it! |
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Valued Member
United States
84 Posts |
Oh, and I was going to post some better pics, I still have the coin in hand. I just don't think I can do that to you all.
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Moderator
United States
23522 Posts |
Well, you didn't lose a whole lot of value on the coin. In fact, evidence suggests that "unattributed" varieties get more bidding activity, and generate higher prices, than ones which are identified in the auction. Under perfect conditions you might have doubled that sale price, but not on ebay and not before you had it encapsulated by a reputable grader. Your glass is half full, indeed, and you're setting a great example for our membership by choosing to look at it that way. |
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Replies: 15 / Views: 3,032 |
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Posted 04/24/2010 7:37 pm
