Home U.S. Coin Forum
Options

Morgan VAM PCGS Attribution - Is it worth it?

ProofCollectionProofCollection Posts: 5,397 ✭✭✭✭✭

My question applies to Morgan VAMs in general, but I'll provide this example to be specific. I realize some VAMs are rarer and more sought after than others, but as a general rule...

I just bought an 1895-S Morgan MS61PL and I believe it is VAM 4, S Over Horizontal S.
Is it worth getting PCGS attribution?
I know PCGS (and other) price guides aren't reliable, especially for coins that don't sell publicly often, but price guide for non-VAM is $6250. Price guide for VAM 4 (PCGS #43807) is $6000 just to provide an idea of value.

The cost with shipping both ways ends up being $100 give or take which isn't a big deal on a coin in this price range. I'm pretty sure the coin won't lose value by getting it VAM attributed. But is there any upside?

I guess in general, does the official VAM attribution ever make much difference in value? Or is it more just a thing for the VAM enthusiasts?

OK, here's some pics.

Comments

  • Options
    ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    Some Vam's are worth getting it on the slab especially if it's a tough one or a top pop.

    Many will do just as well with a VSS sticker and you will save a bunch of money. ;)
    http://varslab.com/vamslab.html

  • Options
    rickoricko Posts: 98,724 ✭✭✭✭✭

    VAM collectors will often pay a premium for special ones... So, if you intend to sell, it may help. Cheers, RickO

  • Options
    ProofCollectionProofCollection Posts: 5,397 ✭✭✭✭✭

    @ricko said:
    VAM collectors will often pay a premium for special ones... So, if you intend to sell, it may help. Cheers, RickO

    We all sell eventually.

  • Options
    cmerlo1cmerlo1 Posts: 7,891 ✭✭✭✭✭
    edited June 21, 2022 6:52AM

    In my experience, the higher the value of the coin, the lower the amount having the VAM on the holder adds. Most people won't care what VAM a PL MS 1895-S Morgan is, as they simply want a specimen for their Morgan sets. I do think the VAMSlab option that @ifthevamzarockin mentioned is a good option, as their VAMSeal option can be removed if desired.

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • Options
    ProofCollectionProofCollection Posts: 5,397 ✭✭✭✭✭

    @cmerlo1 said:
    In my experience, the higher the value of the coin, the lower the amount having the VAM on the holder adds. Most people won't care what VAM a PL MS 1895-S Morgan is, as they simply want a specimen for their Morgan sets. I do think the VAMSlab option that @ifthevamzarockin mentioned is a good option, as their VAMSeal option can be removed if desired.

    Make sense. Is there perhaps a greater risk of realizing a lower price because collectors have searches for the coins (by coin number) they want but they don't necessarily search for all of the varieties so they won't see that yours is for sale somewhere?

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file