1887 vam 1b pricing help please

Ask about what your VAMs are worth here
Post Reply
JASONKFLO
Posts: 469
Joined: Sun Jun 14, 2020 2:59 am
Location: EMMETT IDAHO

1887 vam 1b pricing help please

Post by JASONKFLO » Tue Aug 25, 2020 4:12 pm

Looking at getting a 1887 vam 1b can I get ideas on fair pricing please . On VF-35 xf-40 xf-details and Au-details cleaned , rim ding . A Au details scratch just sold on eBay for 275 coin was nice besides the big scratches on the back . Maybe that was to cheap . I’m seeing vf in the 425 to 495 range for straight graded. Thanks just want to be sure I’m making a fair offer and also not getting hosed haha
Jason Floyd
I climb Mountains , Grow Bamboo and like Coins

DHalladay
Posts: 2328
Joined: Wed May 30, 2018 4:38 pm

Re: 1887 vam 1b pricing help please

Post by DHalladay » Tue Aug 25, 2020 4:33 pm

Jason:

Prices for this VAM have absolutely collapsed in recent years. There is currently a PCGS-35 at Heritage (auction ends tomorrow) at $110. A PCGS-40 is coming up next week, and a PCGS-45 is coming next month. I'm the consignor of all three coins and I know I'm going to get absolutely destroyed compared to what I paid for them several years ago.

There is no reason whatsoever to buy a problem example of this VAM, and $275 for a scratched coin leaves me... speechless.

For example, an ANACS-55 sold at Great Collections in May this year for $424. In 2009, a PCGS-55 sold privately for $6,300.
Last edited by DHalladay on Tue Aug 25, 2020 4:44 pm, edited 1 time in total.
When in doubt... don't.

JASONKFLO
Posts: 469
Joined: Sun Jun 14, 2020 2:59 am
Location: EMMETT IDAHO

Re: 1887 vam 1b pricing help please

Post by JASONKFLO » Tue Aug 25, 2020 4:41 pm

Thanks yes I am looking at the 35 on heritage was curious to see what it goes for I don’t know if I would mind a Au problem coin if the price was right . I’d really like a 45 straight graded but probably out of my range still
Jason Floyd
I climb Mountains , Grow Bamboo and like Coins

JASONKFLO
Posts: 469
Joined: Sun Jun 14, 2020 2:59 am
Location: EMMETT IDAHO

Re: 1887 vam 1b pricing help please

Post by JASONKFLO » Tue Aug 25, 2020 5:04 pm

DHalladay wrote:
Tue Aug 25, 2020 4:33 pm
Jason:

Prices for this VAM have absolutely collapsed in recent years. There is currently a PCGS-35 at Heritage (auction ends tomorrow) at $110. A PCGS-40 is coming up next week, and a PCGS-45 is coming next month. I'm the consignor of all three coins and I know I'm going to get absolutely destroyed compared to what I paid for them several years ago.

There is no reason whatsoever to buy a problem example of this VAM, and $275 for a scratched coin leaves me... speechless.

For example, an ANACS-55 sold at Great Collections in May this year for $424. In 2009, a PCGS-55 sold privately for $6,300.
Wow a 55 for 424 good to know and thanks .
Jason Floyd
I climb Mountains , Grow Bamboo and like Coins

DHalladay
Posts: 2328
Joined: Wed May 30, 2018 4:38 pm

Re: 1887 vam 1b pricing help please

Post by DHalladay » Tue Aug 25, 2020 5:09 pm

Jason:

PCGS coins typically (almost always) go for a lot more in all grades. Dig into the Heritage archives and you'll find that PCGS-55 VAM 1Bs have also sold for $999, $940, $940 (again), and $911.

1B is a very, very difficult coin – far more difficult than the selling prices reflect.
When in doubt... don't.

JASONKFLO
Posts: 469
Joined: Sun Jun 14, 2020 2:59 am
Location: EMMETT IDAHO

Re: 1887 vam 1b pricing help please

Post by JASONKFLO » Tue Aug 25, 2020 5:23 pm

DHalladay wrote:
Tue Aug 25, 2020 5:09 pm
Jason:

PCGS coins typically (almost always) go for a lot more in all grades. Dig into the Heritage archives and you'll find that PCGS-55 VAM 1Bs have also sold for $999, $940, $940 (again), and $911.

1B is a very, very difficult coin – far more difficult than the selling prices reflect.
thanks that is quite the range. Usually PCGS is more but that’s a lot more.
Jason Floyd
I climb Mountains , Grow Bamboo and like Coins

VamHelsing
Posts: 821
Joined: Sat Jun 02, 2018 5:14 pm
Location: Oregon

Re: 1887 vam 1b pricing help please

Post by VamHelsing » Wed Aug 26, 2020 4:54 pm

"1B is a very, very difficult coin – far more difficult than the selling prices reflect."


Well said, and very true...

vamsterdam
Posts: 1091
Joined: Thu Jun 07, 2018 2:48 am

Re: 1887 vam 1b pricing help please

Post by vamsterdam » Sun Sep 20, 2020 3:13 pm

auction prices do not always reflect value. some great coins have been bought off of great collections because fewer people pay attention to GC. same goes for ebay. when people put vams up on auction, and no one is on during the auction, they sell for diddly squat. my vam 1b pcgs55 recently sold for $1000. but it was not an auction, but it was on ebay.

User avatar
vincar73
Posts: 181
Joined: Mon May 28, 2018 8:48 pm

Re: 1887 vam 1b pricing help please

Post by vincar73 » Sun Apr 11, 2021 12:35 pm

I've resumed this post because i would like to know PCGS MS62 NAOH value for this VAM and wish that someone like @DHalladay or someone else could give me approx value.

I think i've cherripicked this nice VAM.

I took a look on PCGS auction prices here https://www.pcgs.com/auctionprices/deta ... -ms/134003 and last MS sale seems to be a MS64 on heritage auctions on april 2015.

Anybody has any recent sale of a 1887 VAM-1B in MS??

DHalladay
Posts: 2328
Joined: Wed May 30, 2018 4:38 pm

Re: 1887 vam 1b pricing help please

Post by DHalladay » Sun Apr 11, 2021 2:31 pm

In circulated grades prices have collapsed in recent years. Prices more than 5 years old are more than just meaningless, they should not even be looked at because they will give a coin owner a false sense of current worth.

In Mint state grades they have almost never come up for sale. I have a grand total of 2 sales in M.S. and the "new" one was in 2015. That said, M.S. examples are very, very rare and if any 1B examples may have held on to their value over time my expectation is it would be them.

I have no sales record for an MS62... or a 61 or a 60 that wasn't cleaned. Here are the two M.S. records I do have:
1887- 1B 64 PCGS Apr-15 H $6,463
1887- 1B 63 PCGS Apr-14 H $8,225

Here are recent sales in various circulated grades to give you an idea of value in lower grades:
1887- 1B 55 ANACS May-20 GC $424
1887- 1B 45 PCGS Oct-20 H $408
1887- 1B 40 PCGS Aug-20 H $372
1887- 1B 35 PCGS Aug-20 H $204

Your value guess for an MS62 is as good as mine.
When in doubt... don't.

JASONKFLO
Posts: 469
Joined: Sun Jun 14, 2020 2:59 am
Location: EMMETT IDAHO

Re: 1887 vam 1b pricing help please

Post by JASONKFLO » Sun Apr 11, 2021 2:37 pm

Can you post pics of your 62?i would love to see it
Jason Floyd
I climb Mountains , Grow Bamboo and like Coins

User avatar
vincar73
Posts: 181
Joined: Mon May 28, 2018 8:48 pm

Re: 1887 vam 1b pricing help please

Post by vincar73 » Sun Apr 11, 2021 2:59 pm

Thanks Dennis for quick reply

I figured it was rare in MS but couldn't find any sales in MS in last years so i tought you had some private sales prices..

I'm almost sure it's a VAM-1B but just won this in auction so i will wait to receive the coin before putting here on discussion board pics ...but these are almost clear

keydates
Posts: 188
Joined: Sat Sep 29, 2018 1:36 pm

Re: 1887 vam 1b pricing help please

Post by keydates » Sun Apr 11, 2021 4:17 pm

I just bought 2 ms pcgs coins.
Ms 65 and ms64.
Not cheap
I have 4 of these

All pcgs coins
Au 50
Au 58
Ms 64. Is at pcgs to get attributed
Ms 65

Will take offers on first 3 coins
Might even take offer on ms 65 if you want top pop.
Larry

JASONKFLO
Posts: 469
Joined: Sun Jun 14, 2020 2:59 am
Location: EMMETT IDAHO

Re: 1887 vam 1b pricing help please

Post by JASONKFLO » Sun Apr 11, 2021 7:33 pm

id love to get a AU one at some point Larry but im tied for a bit haha.
Maybe in a few months . My VF-35 is a really nice looking example though for a VF-35
Jason Floyd
I climb Mountains , Grow Bamboo and like Coins

Post Reply