What are Privately Made VAMs Worth Now ?
After the realization in 2005 that the Micro-o coins [1896, 1900, 1902] were counterfeits, PCGS offered to buy back the coins that they had certified under warranty. But some of the coins remain
in PCGS, NGC, and ANACS holders to this day,
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AU-grade Micro-o coins of 1896, 1900, and 1902 were worth as much as $5,000 prior to 2005. Since the
widely-publicized PCGS announcement, these coins now trade for $500 to $1,000
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The only grading companies which currently certify Privately Made VAMs are ICG and SEGS. Coins in these holders are worth a modest premium over uncertified coins.
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But that is not the end of the story – more discoveries were made after 2005.
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