So i recently picked up an 1879S morgan vam 29a in really nice condition. I want to send it in for grading but have no idea of approx. worth for insurance since apparently none were ever graded and its an R7. I will post pics tonight before i send it out.
well i have 2 like this, I have a 1900 o 47a (only 2 certified) and an 1890 15a (only 23) I have the 1890 certified (by anacs) at base cost because there is little to no priceing data to be had on items like this. BTW ANACs is the only grading service to grade/certify ALL morgan VAMs. Good luck with yours
Oh and on price... I have found that these rare VAMs seem to average out at about 4-500 in AU+ when i can find past auction prices for them.
I was about to say the same thing, Frank. Personally, I think using the Rarity Scale for Morgans to determine value can be likened to using "First Strike" or "Early Releases" on Moderns. Chris
Rarity scales reflect " those who have one" rather than "those who really want one". A situation often seen on ebay or this forum where someone has an "unique" coin that is claimed to be worth multi-thousands, but remains unsold.
Best case that is not MS, and worst case it is not gradeable (I'd like to see the photos on a larger screen but am presently unable to). Value-wise and assuming the best, you must understand that regardless of supposed variety rarity, most collectors will have no real interest in such a coin, and this is even more true at large premiums. I know this is not of much help, but it is really only worth what someone is willing to pay, so getting the most possible will require connecting with the "right" person.
I may be wrong, but because the coin isn't a top 100 it may need to go to Anacs. They will attribute just about any VAM. As for value, despite being an r7, I don't see a great premium for it. The big money VAMS are the dramatic ones: the King, scar face, hot lipps ect. A real VAM junkie might be interested - if you could find one.
