NGC 1878 8 TF morgan silver dollar. VAM 1-spear point, but not marked on NGC case?

Discussion in 'Coin Chat' started by brewerbonsai, Jun 15, 2011.

  1. brewerbonsai

    brewerbonsai Member

    Hey guys, I recently bought a NGC 1878 8 tail feather morgan dollar. Its very nice MS 62. I started looking at closeluy again last week & noticed some small die breaks & "marks". I started to research in to the possibility of a VAM variety coin. Im 99% sure its a VAM 1-spear point VAM. Its has all the marks that is described on the VAM World website.

    Now to my questions, I have several:D. Why was this VAM not "noted" on the NGC case? Is a VAM variety a service that requires a extra fee or a special request when submitted? Do grading services always look for VAM variety on morgans? With this VAM, is this coin worth re-submitting to NGC/PCGS for the additional text added to increse the value?

    Thanks so very much for any insight you may have to answer my questions here. I tried to get pictures on the coin, but could not get enough detail to show the VAM "features". Im new to the VAM variety & find it quite interesting. THANKS:cool:
     
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  3. flyers10

    flyers10 Collector of US Coinage

  4. brewerbonsai

    brewerbonsai Member

    photo 4.jpg photo 6.jpg

    Here the coin! The obverse is very "proof like". I think it's a great example of the 8 tail feather variety.
     
  5. flyers10

    flyers10 Collector of US Coinage

    Beautiful coin for sure. Nice pick up!
     
  6. brewerbonsai

    brewerbonsai Member

    Thanks
     
  7. raider34

    raider34 Active Member

    Is a VAM variety a service that requires a extra fee or a special request when submitted?
    - Yep, like flyers said it's an extra fee, plus additional paperwork.
    Do grading services always look for VAM variety on morgans?
    -Nope, only if you pay for the attribution fee. Also note that NGC and PCGS don't attribute every VAM.
    With this VAM, is this coin worth re-submitting to NGC/PCGS for the additional text added to increse the value?
    -NGC will attribute all 8-tf varieties, but if it's a VAM-1, imo, it's really not worth the cost of attribution/shipping to get the VAM noted on the slab.


     
  8. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Because you have to pay to add the vam's it makes it more fun to hunt the good ones down :D
     
  9. brewerbonsai

    brewerbonsai Member

    You are so right. Once the chance of it being a VAM crossed my mind, it was truely fun to research it & figure it all out!
     
  10. brewerbonsai

    brewerbonsai Member

    Thanks for taking the time & addressing my questions!
     
  11. brewerbonsai

    brewerbonsai Member

    one more question is you could raider34. For a coin to fall into a VAM category/variety does it need to met ALL of the noted attributes? Thanks again for your info here.
     
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