Perform Due Diligence when Valuing Vams/before Purchases Do Homework

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morganman
Posts: 868
Joined: Fri Jun 29, 2018 4:02 am

Perform Due Diligence when Valuing Vams/before Purchases Do Homework

Post by morganman » Thu Aug 11, 2022 9:42 pm

Hope were finding near to bottoms on vam values, which would be great for members
still acquiring Vams. I bring this up as amazing price variations have occured the last
several yrs, and to make matters worse we had no decent price guides/comparables
to really go by.

Now SSDC via ASH HARRISON has come forth with a digtized guide within SSDC website
Many great vams have taken a total price beating, which makes buying a tough job
to say the least. Just a couple examples= 1878 7/8 tf vam 43 in 64 dmpl top pop ?
Last vamview 2015 showed $4500 value- NOW SSDC= $1450 and Numismedia a while
back was like $1600 withot Vam.

1878 S vam 50 Lava Wing = A great Lava Wing has taken a real beating as well as many
more. Just a shout out to really do your homework before buying & spending hard earned
money, which will make you a more astuit collector/investor/hoarder LOL.

Have Fun- Work Smart- Stay Safe
:|

iceman
Posts: 346
Joined: Sun Jan 20, 2019 12:27 pm

Re: Perform Due Diligence when Valuing Vams/before Purchases Do Homework

Post by iceman » Fri Aug 12, 2022 12:55 pm

Morganman
Thanks for you insight on this and examples , Vam's are very volitale in pricing .
Very hard to put a value on these with the Swings in the market .
But thanks for the Post and the warnings , its does make me think about this more !!

Many Thanks
John

colwillys
Posts: 1202
Joined: Tue Jun 05, 2018 9:39 pm

Re: Perform Due Diligence when Valuing Vams/before Purchases Do Homework

Post by colwillys » Fri Aug 12, 2022 2:39 pm

Dealers use the gray sheet as the best sliced bread , buy low sell high . When they break this
piece of B S out leave ..

User avatar
mark
Posts: 295
Joined: Tue Jun 05, 2018 5:55 am

Re: Perform Due Diligence when Valuing Vams/before Purchases Do Homework

Post by mark » Thu Aug 18, 2022 2:18 pm

Most VAMs aren't rare, thus the premiums aren't valid. Top graded coins will always attract a market. MS64DMPL VAM-43 happens to be fairly common and if not in a PCGS holder no one will pay a premium.

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