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TonyD
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Joined: Mon Jun 05, 2023 8:46 pm

New to this forum....

Post by TonyD » Tue Jun 06, 2023 3:03 pm

Do VAM collectors buy VAM's that are "details" (problem coin)? I found a 1921 Morgan that is in VF condition. It has mild and fine cleaning lines on the obverse field in front of the nose/face.
The VAM is a VAM-1 "17 Berry" variety. It can only be labeled by ANACS since NGC and PCGS only label the most popular ones.
Would it be worth it?
Thanks

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vampicker
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Location: Ohio

Re: New to this forum....

Post by vampicker » Tue Jun 06, 2023 4:06 pm

Hi Tony, welcome to the forum. With a 21 Philly, there are several hundred distinct varieties and only a small handful command any significant premium to make grading a cleaned VF worth the time and expense. A generic VAM 1 wouldn't be worth designation in any grade in my opinion. Save your money on this one.
often the crusher of hopes and dreams

shortnock
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Location: Austin, Tx

Re: New to this forum....

Post by shortnock » Tue Jun 06, 2023 6:12 pm

Tony, Welcome to the site and the addiction. If you stay tuned in to VAM World, you will learn that Vampicker knows his stuff.
Refrain from computing the total number of poultry... before the process of incubation has fully materialized.

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Albannach
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Post by Albannach » Tue Jun 06, 2023 6:39 pm

Great advice here.

To your question

It may be worth a trip IF it one you CAN send to PCGS.

Frinstance:
If you had say a 1887 1 B details, there would be a market, as it’s a list variety.

Hope that helps
Welcome to VAM World

DHalladay
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Location: Boise, ID area

Re: New to this forum....

Post by DHalladay » Wed Jun 07, 2023 3:38 pm

Welcome Tony.

It would be a waste of money to send in that coin for grading.

The issue of details, or problem, coins comes up fairly regularly. There is no one-size-fits-all answer. Problem coins in general are looked at very unfavorably by the majority of collectors. I myself have only bought two in 30 years of collecting.

The exception are ultra rare VAMs for which demand massively exceeds supply. The general rule of thumb is a problem coin is worth around half of what the same coin without problems would be worth in the same grade. For common VAMs there is essentially no demand, nor value above melt, for problem examples. Others may disagree, but that is my opinion, because there are simply too many problem free examples to be had instead.

When it comes to 1921-Ps, there are literally just a couple out of the 465 currently known different varieties that would have any appreciable demand for a problem example.
When in doubt... don't.

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impairedsquirrel
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Location: Happy Valley, USA

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Post by impairedsquirrel » Fri Jun 09, 2023 9:08 pm

Welcome Tony.
Have you gone through the "VAMs by date" listings to learn what "VAM-1" typically entails?
I go totally NUTS for WOW! VAMs!! Or is that from WOW! VAMs?

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