1886 O VAM-1A "E" Reverse

Discussion in 'US Coins Forum' started by LostDutchman, Jun 19, 2013.

  1. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    This is a great auction pick. This coin was run through a local auction house unattributed. I just picked it up this morning and am able to confirm what we saw in the pictures. I figure you guys would like to see a nice high grade example.

    IMG_0305.jpg IMG_0306.jpg
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  3. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Tis a rather obvious miss, but someone's loss is your gain. Fine pick, sir.
     
  4. easj3699

    easj3699 Well-Known Member

    May i ask what kind of premium this vam brings? My dealer has an extra fine but i have no idea of a fair price.
     
  5. fusiafinch

    fusiafinch Member

    I know in XF grade, that variety runs about $100. But in uncirculated, this date alone is worth a nice price. So this is a significant find. Nice.

    In the current Cherry picker's guide, an AU goes for $62 normal price versus $200 variety price, an MS60 normal price is $475 while this variety is worth $750. In Ms 63, it's $3000 normal, $4000 variety.
     
  6. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    It's going to go into NGC and see what they grade it as. I'm hoping for low end mint state.
     
  7. fusiafinch

    fusiafinch Member

    Don't forget to specify variety attribution on your submission form.
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Super nice clash, Matt! Is this a scan or a regular photo? The luster seems a bit muted.

    Chris
     
  9. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    It's a direct photo... The coin is semi PL so it does have a strange look when photographed... It was a hard one to shoot.
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If that's the case, I'm guessing it would be about MS63. What is that mark/blemish around the "1" of the date?

    Chris
     
  11. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    It's a funky little strike through.... like lint or something.
     
  12. iGradeMS70

    iGradeMS70 AKA BustHalfBrian

    As if this coin wasn't already tough in MS, you have to go and find scarce VAM in MS! :eek:

    Actually, I think the coin being such a high grade works against it. IMO, being that it is one of the more common (and I use that loosely) E-clashed varieties, and one of the stronger E-clashes that is visible on even in the lowest grades, the premium the coin carries is not substantially more than a circulated example of the same variety.

    If this were the '87 it would be a different story :D
     
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