It was first observed by American astronomer James Scotti on 6 November 1991, using the Spacewatch telescope on Kitt Peak National Observatory near Tucson, Arizona, in the United States.

The similarity of its orbit with Earth was also very difficult to explain from natural sources, with ejecta from a recent Lunar impact or non-gravitational perturbations such as the Yarkovsky effect having been suggested.

Around 400 BC there was an approach to a distance of around 0.001 au, closer than the Moon (see Figure 1 in the paper by Carlos and Raúl de la Fuente Marcos[8]).

Since the discovery of 1991 VG, about 80% of small asteroids with absolute magnitudes fainter than 22.0 (corresponding to sizes smaller than about 200 meters) which have had their lightcurve measured have rotation periods under 2 hours.

The so-called fast rotators are typically monolithic bodies or, alternatively, welded conglomerates with a sufficient intrinsic strength to counteract centrifugal forces.

[8] The natural versus artificial issue also emerged in the case of the temporary capture episode experienced by near-Earth asteroid 2022 NX1.