1886 bu morgan

Ask a question or post your most recent discovery.

Moderator: Daniel

Post Reply
Message
Author
silverbul
Coining Around
Posts: 18
Joined: Thu Feb 18, 2021 2:55 pm
Location: granite city il
Has thanked: 7 times
Been thanked: 2 times

1886 bu morgan

#1 Unread post by silverbul »

picked up your everyday morgan for a nice price and after looking at it, the date seems to be off, the 6 is higher than the rest of the date numbers. also what i thought was a scratch, after magnification it turns out to be raised, die crack i'm guessing. not really asking about the coin, just the date and die crack. vam world was not user friendly to me. these are the best pics i can give for now. the crack runs from the fourth star on the left counting up through the p on the obverse. can i buy a new truck or should i wait. { lol } hope all this makes sense.
Attachments
IMG_7701 - Copy.JPG
IMG_7703 - Copy.JPG
IMG_7704.JPG
IMG_7706.JPG
IMG_7707.JPG
IMG_7708.JPG
IMG_7709.JPG
IMG_7710.JPG
IMG_7711.JPG

User avatar
SensibleSal66
Coin Expert
Posts: 1802
Joined: Thu Sep 10, 2020 8:06 am
Location: Connecticut
Has thanked: 671 times
Been thanked: 399 times

Re: 1886 bu morgan

#2 Unread post by SensibleSal66 »

Very normal for Morgans and coins in general for that period .
Member of CONECA
" All replies are my opinion based on experience"
Casual Collector 40+ years , 10 years Error coins ( still learning).

silverbul
Coining Around
Posts: 18
Joined: Thu Feb 18, 2021 2:55 pm
Location: granite city il
Has thanked: 7 times
Been thanked: 2 times

Re: 1886 bu morgan

#3 Unread post by silverbul »

uh, okay.

User avatar
Daniel
Administrator
Administrator
Posts: 15903
Joined: Wed Jan 28, 2009 4:59 pm
Location: Ohio
Has thanked: 349 times
Been thanked: 806 times
Contact:

Re: 1886 bu morgan

#4 Unread post by Daniel »

Yes, this is very normal. All Morgan Dollars are VAMs and most don't add any value at all. I always look for Top 100.

User avatar
Paul
Master Die Variety Examiner
Master Die Variety Examiner
Posts: 7854
Joined: Wed May 29, 2013 9:19 pm
Location: Wisconsin
Has thanked: 201 times
Been thanked: 687 times

Re: 1886 bu morgan

#5 Unread post by Paul »

"All Morgan Dollars are VAMs and most don't add any value at all."

But Daniel, mine is worth $1 million!
C.O.N.E.C.A. Wi State Rep
Fly-In Club Wi State Rep

silverbul
Coining Around
Posts: 18
Joined: Thu Feb 18, 2021 2:55 pm
Location: granite city il
Has thanked: 7 times
Been thanked: 2 times

Re: 1886 bu morgan

#6 Unread post by silverbul »

thank you gentleman.

User avatar
Coin Mule
Coin Wizz
Posts: 397
Joined: Sun Nov 15, 2020 11:33 am
Has thanked: 51 times
Been thanked: 169 times

Re: 1886 bu morgan

#7 Unread post by Coin Mule »

Oh Vammy Boy, the dates, the dates are callin
from slant to slant, and down the obverse side
the die cracks long, and all the grades are falling
it's you it's you must have and I must buy.

Now here is a secret shhhhhhh don't tell anyone. VAMs and toners are BIG, BIG I tell you, thars gold in them thar hills, well at least silver anyway. Remember the Series 3 exam. the role of the speculator as regards a market is to provide liquidity. Coins are no longer this little geeky hobby, there are people from all over in this market, even the Vatican is selling coins https://vatican.com/6/Vatican-Coin-Set, they also sell American coins like Morgans etc, now that's what I call a coin vault.

Anywho, the deal is you never know who wants it and how much they will pay for it. I have been offered 3x my cost on my first VAM (the 37), and 1.5 x for my second one (the 10), I don't want to sell them right now because, well emotion, (I know emotion is not a plan) but I found them in the wild, so I want to keep them around for a while.

However if one wanted to speculate, well the best place to start would be the top 100 or any of the VAMs recognized by NGC and PCGS, they are very picky in what they attribute. I used ANACs because mine were "minor" VAMs, but as I said before, folks want 'em just because they say VAM. The purists hate these market ploys, but for me, by selling some stuff, I can buy better stuff, who knows maybe you and I will draw down at an auction for a major CC VAM, may the best person win, or the one with the deepest pockets 不不不不不
The Coin Mule
NGC Member
CONECA Member
mintstate.com User
NGC Registry Set Rank #70
(Kennedy Half Dollars, Silver, 1964-1970, Circulation and Proof Issues)
ANACS 1884-O VAM-37A2 MPD found in the wild
ANACS 1891-O VAM - 10 found in the wild
A Semi Knowledgeable Member Of The Coin Community
Resident Lone Haranguer

User avatar
Earle42
Coin Expert
Posts: 1706
Joined: Tue Apr 02, 2019 11:18 am
Location: OH
Has thanked: 57 times
Been thanked: 568 times

Re: 1886 bu morgan

#8 Unread post by Earle42 »

even the Vatican is selling coins https://vatican.com/6/Vatican-Coin-Set,
Been there, done that. But I only paid a couple dollars.

I saved a bundle on shipping too...by going there and buying it directly

In the late 80s I took a group of students to Italy to tour major sights/cities.
Fact Check the grading Companies:
Fact checking grading company shortcomings on NO FG halves:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

Post Reply