1878 8TF Morgan Dollar - Spiked Eye - VAM Number ?

Ken1796 · August 23, 2007 2:10PM

Hello To All ...

Would appreciate any help for listing the below coin's VAM number.

Thank You ... Ken

Coxe · August 23, 2007 2:39PM

VAM-14.8, a very good one to find!

RVDavis · August 23, 2007 10:49PM

Great coin and in nice shape. You might even suck.

Rick

Ken1796 · August 24, 2007 1:52AM

<< VAM-14.8, a very good one to find! >>

Thanks for the response. Is the coin a Proof or Business strike? Both sides are proof-like for sure. However, the edges don't appear to be a Proof strike.

Also, after researching the 14.8, it appears the Business strike may be more valuable than the Proof issue. Is that true??

Once again, Thanks .....

Coxe · August 24, 2007 7:35AM

That is a business strike from the proof dies. It is highly prized and a great find. Thye always look PL as they obviously didn't strike many.

coindeuce · August 24, 2007 9:12AM

Ken. I own a PR-64 and an MS-64 (both NGC). I consider the business strike VAM 14.8 in uncirculated condition to be far and away many times more rare than the Proof strikes, simply by observation of the reported extant survivors. I actually once owned a mid circ. grade business strike that I considered rare in the same respect to 1884-CC Morgans in same condition. You should be prepared for an onslaught of PM's from interested collectors!

messydesk · August 24, 2007 9:15AM

<< Great coin and in nice shape. You might even suck. >>

Yup. 14.8 says You Suck™. Congrats!

RobJoyce1921dVAMguy · August 24, 2007 12:30PM

Nice!
Here's the VAMworld page:

http://www.vamworld.com/1878-P+VAM-14.8

Ken1796 · September 20, 2007 2:46AM

Hello To All ...

I received my letter from Leroy which states:

"78 P 8TF - VAM 14-8. Has A1d reverse die without die gouge thru A in STATES. Obverse has double spikes below eyelid with 4 small raised dots below it of VAM 14-8 obverse. Left 8 has die chips in loops."

Also, the 1880-CC VAM 7A post has been updated.

Thank you for your comments.

Ken ...

RVDavis · September 20, 2007 2:48AM

<< Hello To All ...

I received my letter from Leroy which states:

"78 P 8TF - VAM 14-8. Has A1d reverse die without die gouge thru A in STATES. Obverse has double spikes below eyelid with 4 small raised dots below it of VAM 14-8 obverse. Left 8 has die chips in loops."

Also, the 1880-CC VAM 7A post has been updated.

Thank you for your comments.

Ken ... >>

VAM disease, it's a funny thing ain't it?

Ken1796 · December 10, 2007 6:42AM

<< Hello To All ...

Would appreciate any help for listing the below coin's VAM number.

Thank You ... Ken

>>

Hello To All ...

The coin has been graded NGC MS-61 / VAM-14.8. Any thoughts for the coin's value?

Thanks ... Ken

Wolf359 · December 10, 2007 7:04AM

I sold a PCGS AU58 for 1750. It had awesome eye appeal. I'd say the NGC coin
is worth the same....but in a PCGS 61 holder, more...maybe 3,000?

In other words, I'd cross at grade before selling it.

Ken1796 · December 10, 2007 11:35AM

<< I sold a PCGS AU58 for 1750. It had awesome eye appeal. I'd say the NGC coin
is worth the same....but in a PCGS 61 holder, more...maybe 3,000?

In other words, I'd cross at grade before selling it. >>

That's interesting. It's my understanding a PCGS AU-58 sold for almost $4K at a private sale in February, 2007.

It appears the coin is almost never offered for sale ... perhaps less than 30/40 known. I have one offer in the $4,500 range but will do more research. I suspect the carbon spot can be removed and the coin would then grade at least MS-62 or MS-63. In any event, thanks for the response.

Wolf359 · December 10, 2007 11:40AM

<< 

<< I sold a PCGS AU58 for 1750. It had awesome eye appeal. I'd say the NGC coin
is worth the same....but in a PCGS 61 holder, more...maybe 3,000?

In other words, I'd cross at grade before selling it. >>

That's interesting. It's my understanding a PCGS AU-58 sold for almost $4K at a private sale in February, 2007.

It appears the coin is almost never offered for sale ... perhaps less than 30/40 known. I have one offer in the $4,500 range but will do more research. I suspect the carbon spot can be removed and the coin would then grade at least MS-62 or MS-63. In any event, thanks for the response. >>

Yes, same coin. Way overpriced at resale in my opinion. If that's a serious offer you've received, I'd consider it strongly.

coindeuce · December 10, 2007 11:43AM

<< 

<< I sold a PCGS AU58 for 1750. It had awesome eye appeal. I'd say the NGC coin
is worth the same....but in a PCGS 61 holder, more...maybe 3,000?

In other words, I'd cross at grade before selling it. >>

That's interesting. It's my understanding a PCGS AU-58 sold for almost $4K at a private sale in February, 2007.

It appears the coin is almost never offered for sale ... perhaps less than 30/40 known. I have one offer in the $4,500 range but will do more research. I suspect the carbon spot can be removed and the coin would then grade at least MS-62 or MS-63. In any event, thanks for the response. >>

Heritage sold a PCGS MS-64 in 2005 for $5,750 (includes 15% buyer's fee). I think you need to confirm the veracity of the supposed private sale of a PCGS-58 for around $4,000. If true, somebody got hosed big time!!
Edited for correction of content.

Wolf359 · December 10, 2007 11:48AM

Sales from VAMView magazine...vam 14.8:

ANACS AU50 sold on eBay June, 2007 for $665.

PCGS MS62 sold for $2500, Private Party sale...January 2007.

coindeuce · December 10, 2007 12:10PM

Here's the Heritage lot from 2005. PCGS MS-64. SOLD FOR $5,750

If you received an offer in the $4, 500 range for an NGC-61, you're looking the gift horse in the mouth.

Ken1796 · December 11, 2007 2:30AM

<< Here's the Heritage lot from 2005. PCGS MS-64. SOLD FOR $5,750

If you received an offer in the $4, 500 range for an NGC-61, you're looking the gift horse in the mouth.

>>

Thanks for the comments.

Ken

1878 8TF Morgan Dollar - Spiked Eye - VAM Number ?

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