Cheaper now than would have been two or three years ago. My thinking is that the particular coin in the auction was cleaned. The reverse looks like it anyway. Still not a bad price.
No, not in my opinion. It was a circulated example and the price was okay but not cheap. VAM's in most cases have lost some luster unless they are UNC's.
bob
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
Dave Meiholer buys huge quantities of circ. dollars wholesale, and he now has someone searching them for VAMS, so any VAM that he makes and sells for a price above common for the circs. is a plus for him. I doubt his business model will call for reserves on anything but the ultra rarities. Also, most of the VAM set Registry competitors have advanced to a point well beyond the grade of this VAM and many others for their sets. This leaves once hotly competed for VAMs to a secondary or cheaper tier of the collector market, namely those who are not collecting in this area for competitive reasons.
Outhaul
Posts: 7,440 ✭✭✭✭✭
Comments
the price was okay but not cheap. VAM's in most cases
have lost some luster unless they are UNC's.
bob
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
1887- 1A 45 ANACS Nov-09 E $344
1887- 1A 45 PCGS Mar-10 E $305
1887- 1A 40 PCGS Dec-08 E $400
1887- 1A 40 PCGS Aug-09 E $364
1887- 1A 40 raw Jan-11 E $156
1887- 1A 30 NGC Jan-10 E $255