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How much is it worth?

AlanSkiAlanSki Posts: 1,822 ✭✭✭✭✭
edited March 5, 2023 10:13AM in U.S. Coin Forum

Yes, worth and value are subjective upon a slew of different factors.

Coin is a 1885 CC GSA NGC 64 Green CAC. PL surfaces but not enough to warrant a designation. Coin is a VAM 4, Hot 50.

In the current market, what could it fetch?
This is an old photo.



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    keyman64keyman64 Posts: 15,456 ✭✭✭✭✭
    edited March 5, 2023 10:04AM

    I know if I were to try selling it, there would be plenty of dealers that would say...Let me see here, what's 20-50% back of bid?...and how can we REALLY KNOW that it is the variety without it being noted on the holder?...so yeah, 50% back of bid sounds right because of all the risk. ;)

    Sorry, feeling a little snarky today. Hopefully someone can provide a more intelligent answer. Have you checked recent auction history in Coin Facts and Great Collections (assuming the history exists)?

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
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    AlanSkiAlanSki Posts: 1,822 ✭✭✭✭✭

    You can see the variety right in the photo. Lol look under the 8

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    keyman64keyman64 Posts: 15,456 ✭✭✭✭✭

    @AlanSki said:
    You can see the variety right in the photo. Lol look under the 8

    Totally messing with you. I just know what some dealers would say. Buy the holder, not the coin and all that. ;)
    While I bump your thread, maybe someone else is typing a more intelligent answer?

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
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    ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    If it were mine I'm not sure I would sell it but if I did I would list it on ebay for $1400. ;)
    It may not be a fast sell at that price but I'm sure it would eventually sell given the current market.

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    kazkaz Posts: 9,067 ✭✭✭✭✭

    check GC archives.

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    291fifth291fifth Posts: 23,938 ✭✭✭✭✭

    For the great majority of dealers and collectors no premium would be warranted. VAMs are a specialty. You need to find both dealers who pay a premium for such coins (probably not many) or collectors who will pay a premium. The costs involved in finding such buyers may exceed the extra amount realized.

    I have no idea what such a variety would bring if you do find a buyer. I am among those who would pay no premium.

    All glory is fleeting.
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    MFeldMFeld Posts: 12,050 ✭✭✭✭✭

    The VAM-4 linked below sold the same month in 2020 as two other MS64 GSA unattributed examples it brought $660 compared to $630 and $600 for the other two. Those results indicate a lack of a significant premium - at least at that time.

    https://coins.ha.com/itm/gsa-dollars/silver-and-related-dollars/1885-cc-1-doubled-dash-vam-4-gsa-ms64-ngc-a-hot-50-variety-ngc-census-0-0-pcgs-population-3-2-ms64-mintage-2/a/132009-28083.s?ic4=ListView-ShortDescription-071515

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    Based on selling a bunch of VAMs (but not this one) for my brother a couple of years ago, most VAM collectors appear to want to cherrypick them, not pay retail.

    FWIW...

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I have several GSA CC Morgans... in the slab, not graded. I have never checked for VAMs. Got them when assembling a CC series... some duplicates... Guess I should check for details sometime. Not looking to sell, so a good task for a snowy, rainy day... Cheers, RickO

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    JimTylerJimTyler Posts: 3,056 ✭✭✭✭✭

    @keyman64 said:
    I know if I were to try selling it, there would be plenty of dealers that would say...Let me see here, what's 20-50% back of bid?...and how can we REALLY KNOW that it is the variety without it being noted on the holder?...so yeah, 50% back of bid sounds right because of all the risk. ;)

    Sorry, feeling a little snarky today. Hopefully someone can provide a more intelligent answer. Have you checked recent auction history in Coin Facts and Great Collections (assuming the history exists)?

    You get offered 50% back of bid make a note of that dealer and never go back.

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