Have the counterfeit VAMs increased in price?

jdsinva

When I was home for lunch today, Fey's newsletter was waiting in the mailbox. I was looking at his price sheet, particularly the micro O's and his price guide seems to indicate the counterfeits are moving up in price. Of course, I haven't had time to compare other sources and prior listings. Has anyone else seen this? I may have to scout around more for these coins if they're bringing those kinds of prices.

Rampage

I have not seen any for sale in quite some time. What kind of prices is he talking about? I could use one additional 1900-O micro-O, but other than that, I am all set.

jdsinva

That's why I was wondering, because I don't recall seeing any for sale either and the prices listed looked like the slab prices just before PCGS quit slabbing them.

Yale68

Glad to hear it - - I still have plenty of them

Coxe

Yes, a lot of VAMs have gone up, particularly them --- except the 02-o micro o in fine. I have one in that grade. It's in a PCGS holder though so I don't take the Fey sheet price as seriously for that one.

jdsinva

I have the 96-O and the 1900-O but not the 1902-O. As you can see I can't speak from experience but if one were to rank the three micro Os, which would be scarcest?

Coxe

<< <i>I have the 96-O and the 1900-O but not the 1902-O. As you can see I can't speak from experience but if one were to rank the three micro Os, which would be scarcest? >>



Judging by a PCGS pop report prior to their elimination there (July 2005 is my handy one), 1900-o (pop 30) and 1902-o (pop 38) are too close to be statistically differentiated. 1896-o had a pop of 66, four in MS remarkably (highest MS64). The other two dates had 3 and 4 only, respectively, above VF.

jdsinva

Thanks, that's some good info to keep tucked away!

Rampage

All my micro-Os are VG and less, but I still like them. I could not imagine what an MS64 would look like.

jdsinva

My 96-O is a VG. This 1900-O I have easily has AU luster but looks like XF wear.

Coxe

Never saw an MS one either.

Here's a sobering flashback ----> 1900-O VAM-5 VF Sold 7 Years Ago

Note that the VAM Keys book had been out for 3 years at this point, the coin was attributed, and they were selling for 100 to 200 times common at the time. Some of us noticed it, after it was too late.

DennisH

Coxe:

What numbers are you looking at? I also have a copy of the July '05 PCGS Pop Report. It shows no Mint State coins of any of the counterfeit Micro-O dates ('96, '00, '02). Total pop on the '96 was 27; the highest was two XF45s.

jdsinva

Whoa, an $11 attributed 1900-O micro O, unbelievable!

DennisH

The counterfeit dates rarely come up for sale anymore, and prices are very weak compared to their previous days when they were part of the "With Varieties" Registry set at PCGS.

Here are prices from the VAMview archives. Keep in mind that PCGS pulled the plug on the three counterfeit dates in mid-2005. The three ANACS coins whose grades are shown as "none" are for recently holdered coins; ANACS did not state a grade at all, and put "questionable authenticity" on the holder.

date --VAM--grade--service--date sold--where--price
1896-O 4 40 PCGS Nov-04 H $2,990
1896-O 4 35 PCGS Apr-05 E $3,905
1896-O 4 20 raw Apr-05 E $431
1896-O 4 12 ANACS Aug-05 E $160
1896-O 4 8 ANACS Dec-05 E $350
1896-O 4 none ANACS Dec-05 E $108
1896-O 4 none ANACS Dec-05 E $103

1900-O 5 35 PCGS Nov-04 E $2,025
1900-O 5 20 PCGS Apr-05 E $825
1900-O 5 20 SEGS Apr-05 E $204
1900-O 5 12 PCGS Apr-05 E $906
1900-O 5 8 raw Mar-06 E $138
1900-O 5 8 raw Nov-04 E $114
1900-O 5 8 raw Sep-04 E $108
1900-O 5 3 raw Sep-05 PP $195
1900-O 5 none ANACS Dec-05 E $112

1902-O 3 55 ANACS Feb-05 PP $11,000
1902-O 3 40 ANACS Apr-05 PP $4,500
1902-O 3 35 PCGS Nov-05 E $1,826
1902-O 3 30 PCGS Jan-05 S $5,100
1902-O 3 30 raw Apr-05 E $660
1902-O 3 25 PCGS Apr-05 E $3,251
1902-O 3 25 PCGS Jun-05 E $1,703
1902-O 3 20 PCGS Nov-04 H $2,070
1902-O 3 15 raw Apr-05 E $921
1902-O 3 15 PCGS Mar-05 E $400
1902-O 3 15 raw Oct-05 E $179
1902-O 3 12 PCGS Apr-05 E $1,515
1902-O 3 10 PCGS Apr-05 E $1,365
1902-O 3 10 raw Aug-05 E $177
1902-O 3 10 raw Jul-05 E $158
1902-O 3 8 PCGS Jan-05 E $1,275
1902-O 3 8 raw Feb-05 E $450
1902-O 3 8 raw Aug-05 E $97
1902-O 3 6 PCGS Apr-05 PP $900
1902-O 3 6 PCGS Oct-05 E $338
1902-O 3 4 ANACS Sep-05 E $169
1902-O 3 none ANACS Dec-05 E $142

Coxe

<< <i>Coxe:

What numbers are you looking at? I also have a copy of the July '05 PCGS Pop Report. It shows no Mint State coins of any of the counterfeit Micro-O dates ('96, '00, '02). Total pop on the '96 was 27; the highest was two XF45s. >>



Thanks for the correction. With my eyesight, I have no responsible business doing VAMs. I ended up reading the 99-o line, not the 96-o one. 96-o micro o had 27 total, 8 above VF but no AU and no MS. They are all rare and if you see a PCGS VF or above it won't be aroubd for long.

I only have 2 of these counterfeits: 1896-o ANACS VF35 and 1902-o PCGS F12.

Coxe

<< <i>Whoa, an $11 attributed 1900-O micro O, unbelievable! >>



And that is with the juice (10% at the time I think, but with a minimum) and was still actually cheaper than the common. Common certified G and VG were selling for more. I have wondered who got that coin. The winner was the ONLY bidder too!

jdsinva

I cherried my 96-O off of eBay for $9.99 plus $3 S&H back 5 or so years ago (has it been that long already?). The 1900-O I won a couple of months ago and maybe paid like $25 for it off of eBay. Now if I can find an 1902-O for the trifecta!

Rampage

<< <i>I cherried my 96-O off of eBay for $9.99 plus $3 S&H back 5 or so years ago (has it been that long already?). The 1900-O I won a couple of months ago and maybe paid like $25 for it off of eBay. Now if I can find an 1902-O for the trifecta! >>



Jeff, is that the one you posted a link to a while back? You saw the diagnostics of the coin I had posted that led you to that coin? Is that the same one? If it is, I accept tips.