If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#21
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
"oly" wrote in message ups.com... VAM is phony baloney. Psuedo-science. A mountain from a molehill. False scholar****. In the 1880s and 1890s the U.S. Mint had to wade through mountains of silver every month. They made 1000s of dies. It had to be hectic, a crazy time. The flaws, the minor errors, mean nothing. They don't tell us **** about the era that they were produced in, they don't tell us anything about the minting process. Little flaws, nicks in the dies from where they were dropped, tools hit the die faces, die clashes, big whoopee. A 1955 double die cent would be a great thing to find for zero and sell for a lot; but I'd never buy one. I know I'm way out of line in saying this, but a person should collect what he likes, not collect what he doesn't like, and not denigrate the collecting interests of other numismatists. Mr. Jaggers |
Ads |
#22
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
oly wrote: VAM is phony baloney. Psuedo-science. A mountain from a molehill. False scholar****... VAMs just show die pairs. No more, no less. Some people find them intriguing. Others don't. There is probably a strong correlation between intelligence and appreciation of variation in coins. I'm sorry you don't appreicate the variation. Anita |
#23
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
I always thought VAM stood for "Varieties A la Morgan".
|
#24
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
|
#25
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
Randy Thompson wrote: .... Would the coin do well in an NGC slab or do VAM collectors mostly want to put them in PCGS registry sets? I don't have a convienient way to send it to PCGS. I'm not a member nor do I want to join. My local dealer quit sending coins to PCGS years ago and only sends to NCG now. I could send it to ANACS myself... VAM people will accept a coin in holders of any of the three top companies. Given a choice of the three holders, they would probably have the same preference as the general population: 1-PCGS, 2-NGC, 3-ANACS. Sending in a single coin for grading and VAM verification is expensive. So unless the value of the coin is increased $90 or more, it's a money losing proposition with PCGS and NGC. ANACS is not quite so expensive. If you send the coin into the companies, you have the option to not have the coin cracked out if it is less than a certain grade. Unfortunately, you will still pay the grading cost. I don't know if they would refund the VAM money or not. Your idea about taking it to a local dealer sounds like a good one. Anita |
#26
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
"oly" wrote in message ups.com... VAM is phony baloney. Psuedo-science. A mountain from a molehill. False scholar****. In the 1880s and 1890s the U.S. Mint had to wade through mountains of silver every month. They made 1000s of dies. It had to be hectic, a crazy time. The flaws, the minor errors, mean nothing. They don't tell us **** about the era that they were produced in, they don't tell us anything about the minting process. Little flaws, nicks in the dies from where they were dropped, tools hit the die faces, die clashes, big whoopee. A 1955 double die cent would be a great thing to find for zero and sell for a lot; but I'd never buy one. oly oly A similar situation exists with the UK bronze coinage of Queen Victoria, "Freeman" has gazillions of varieties identified and some collectors life ambition is to have as many of them in their collection as possible, sometimes paying a lot for a coin identical to millions of others but for some very minor difference. I have no desire to spend my life examine coins with a magnifying glass but there are many that do that, are they crazy? Probably, but if they want to do it and they have fun then why not. Billy |
#27
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
"note.boy" wrote in message ... "oly" wrote in message ups.com... VAM is phony baloney. Psuedo-science. A mountain from a molehill. False scholar****. In the 1880s and 1890s the U.S. Mint had to wade through mountains of silver every month. They made 1000s of dies. It had to be hectic, a crazy time. The flaws, the minor errors, mean nothing. They don't tell us **** about the era that they were produced in, they don't tell us anything about the minting process. Little flaws, nicks in the dies from where they were dropped, tools hit the die faces, die clashes, big whoopee. A 1955 double die cent would be a great thing to find for zero and sell for a lot; but I'd never buy one. oly oly A similar situation exists with the UK bronze coinage of Queen Victoria, "Freeman" has gazillions of varieties identified and some collectors life ambition is to have as many of them in their collection as possible, sometimes paying a lot for a coin identical to millions of others but for some very minor difference. Love that L.C.W. under foot! Mr. Jaggers |
#28
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
The problem comes when people persuade other people to spend big money
on VAMs. VAMsters tout them as "investments". The problem comes when people "discover" or "cherrypick" VAMs and think they've won the lottery. I think that I've thrown out this idea before, but in their original incarnation (in the 1960s, when Morgans were available by the bag and at close to face value), VAM was a way to persuade people that it was worthwhile to own more than one coin of some of the most common dates. Then, the coins were very plentiful and very cheap - sometimes less than twice face value. Today (i.e., from 1990 to date) when any nice Morgan will fetch at least twenty dollars, VAM has been revived by the get rich quick crowd as a way to part fools from their money. oly |
#29
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
On 13 May 2006 13:11:59 -0700, oly wrote:
VAM is phony baloney. Psuedo-science. A mountain from a molehill. False scholar****. Isn't it just a die variety classification that some but not most people care about? The flaws, the minor errors, mean nothing. To you. They don't tell us **** about the era that they were produced in, they don't tell us anything about the minting process. Little flaws, nicks in the dies from where they were dropped, tools hit the die faces, die clashes, big whoopee. (shrug) the stamp collectors seem to care about die states. All I know is that it changes what I can get for what, to me, is a duplicate. Makes it easier to decide which of several of the "same thing" to sell. A 1955 double die cent would be a great thing to find for zero and sell for a lot; but I'd never buy one. Fair enough. Some people care, some don't. I guess being someone who doesn't, selling to someone who does, is the best combination. |
#30
|
|||
|
|||
I bought a Morgan on ebay that looks like a VAM Top 100
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... "note.boy" wrote in message ... "oly" wrote in message ups.com... VAM is phony baloney. Psuedo-science. A mountain from a molehill. False scholar****. In the 1880s and 1890s the U.S. Mint had to wade through mountains of silver every month. They made 1000s of dies. It had to be hectic, a crazy time. The flaws, the minor errors, mean nothing. They don't tell us **** about the era that they were produced in, they don't tell us anything about the minting process. Little flaws, nicks in the dies from where they were dropped, tools hit the die faces, die clashes, big whoopee. A 1955 double die cent would be a great thing to find for zero and sell for a lot; but I'd never buy one. oly oly A similar situation exists with the UK bronze coinage of Queen Victoria, "Freeman" has gazillions of varieties identified and some collectors life ambition is to have as many of them in their collection as possible, sometimes paying a lot for a coin identical to millions of others but for some very minor difference. Love that L.C.W. under foot! Mr. Jaggers I wouldn't mind buying one at the non L.C.W. price. Billy |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Morgan Top 100 VAMs on eBay (eBay name: flashbug1) | flashbug1 | Coins | 2 | September 5th 05 05:10 AM |
Laughable Ebay scam email. Here's what I got | Sue H | Autographs | 3 | July 24th 05 09:11 PM |
How to avoid getting cheated on eBay -- periodic post | Reid Goldsborough | Coins | 17 | May 26th 04 12:09 AM |
ebay - Change of eBay id email ????? | Varshney | Coins | 4 | November 11th 03 09:31 PM |
ebay - Change of eBay id email ????? | Varshney | Paper Money | 6 | November 11th 03 06:19 AM |