1887 vam 1b pricing help please

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JASONKFLO
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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
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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
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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: 137
Joined: Sun Jun 14, 2020 2:59 am
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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
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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
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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
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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
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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.

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