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Knowledge Is King?

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twohawks's Avatar
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 Posted 07/26/2010  5:18 pm  Show Profile   Bookmark this reply Add twohawks to your friends list Get a Link to this Reply
Congrads Zee,


Russ
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steve199's Avatar
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 Posted 07/26/2010  5:38 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
Okay, read the thread, yet again, and found your plausible explanations... :)

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twohawks's Avatar
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 Posted 07/26/2010  6:08 pm  Show Profile   Bookmark this reply Add twohawks to your friends list Get a Link to this Reply
WE ARE MITH BUSTERS

DO NOT TRY THIS AT HOME




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 Posted 07/26/2010  6:20 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Thanks guys, and a special thanks to you Russ for refraining from inflicting a deserved brow beating on me.

Myth busters or Larry, Moe, Curly, Shemp, & Joe ?




Quote:
and found your plausible explanations...


Only "plausible"? Hmmmmmm, you don't sound very convinced Steve.

(Actually, I like that, it tells me that you are no lemming).
Edited by zeewool
07/26/2010 6:29 pm
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aladinslamp's Avatar
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3076 Posts
 Posted 07/26/2010  9:52 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
---------------------------\==========================
+*-d-pepper]congrad's Zee.....After getting back int town, I am glad things are back to normal! I was concerned that exploration of an idea went south...I thought about it today .It REALLY IS a great thread, and I hope to see many more like it, In the end if we all disagree, we can at least agree that we disagree....
Cause and effect will always have opinions, the effect is self evident....its the cause that try to understand..many are not even interested but some of us are...In a thread such as this..It has brought some great info out, on how things could happen, and also, that there can be more than only one reason, as not all cases in study all have the same attributes...
Again
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 Posted 07/26/2010  10:02 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Hey guys, yesterday I received an email from someone that I hadn't heard from in quite a while, asking me (of all people) what I thought would help draw younger folks into vamming. He said that there are about 600 or more vammers now, and the numbers are growing, but solicited ideas on what might speed up the process.

At first I was flattered that he would ask 'my' opinion as he knows that I am not a vammer, and probably wouldn't have any answers, but then I decided that he probably had some sort of hidden agenda. My reply was "Define vammer."

This is an topic that I recall from many months ago, and I'm not sure that I heard any definitive answers as to a solution. Have you guys also received these requests for opinions? If so, what were your responses?

I actually don't have any answers or even much of an opinion. All that I can think of is causes as to why things are the way they are, and I sort of think that in order to arrive at solutions, the causes for situations would be integral factors in the equation.

I personally think that 600+ vammers is a rather delusional outlook to start off with.

Any thoughts on this subject?
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aladinslamp's Avatar
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 Posted 07/26/2010  10:24 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
I have not received any emails for that subject,
but then why would I ?
I'm not sure the numbers are correct.. but in any event, there is a new push to help any one interested and they don't have to be the registry collectors.....AS far as vamming goes.. they are every where...they are ingrained into the top TPG's and Cherry Pickers Guide.. you can find them at gun shows, and flee markets,,, many want to cash in, without claiming to be a vammer..THEY STILL LURK............ Its the money thing....
I don't want to get into that subject....
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 Posted 07/27/2010  12:32 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Nor do I wish to explore the topic Gene, just curious about the email.

Good time for this thread to die a quick and convenient death.

Thanks for the fruit!
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SeatedNut's Avatar
United States
2797 Posts
 Posted 07/27/2010  08:57 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Hey Z congrats on the 1K (and you've posted 65 since).

Good call on asking for a definition of "Vammer". I see much more activity in Vamming than could be supported by 600. I believe this to be the core of those who collect. The profiteer numbers far exceed this number in my book. These are the folks who took the time to learn, spend a great deal of time pursuing unattributed coins and flipping for significant $$$.

Ozland and I had that different view of the future of Vamming on another thread (Baby Boomer vs Gen X'er). A survey was floated on VamWorld asking everyone's age ... the majority are Boomers, but there were a surprising number of Gen X representatives.

Vamming is getting harder as more enter the playing field. I've noticed a marked increase in competition over the last three years on ebay. Now I'm seeing those cherry-picks return attributed in PCGS, NGC, and ANACS slabs for laughable prices. But the market saturation is taking its toll. There is far less interest in all but the top specimens. But still ...


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 Posted 07/27/2010  09:55 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Heh,heh, heh. Touche' Nut.

Your views on 'vammer' may mirror mine, although my definition is my own, so I have my own speculative figures on how many there really are, and that would be maybe 50 or 60 and those are collectors who collect for the love of the hobby.
The 600+ (to me) would include those profiteers, as well as the casual type collector who has a singular coin (or possibly small handful of coins) who are just curious as to what they have, but exhibit little interest beyond that point.

I believe that the aspects of vamming that new and younger folks find quite unappealing about vamming far outweigh the things that draw the true collector.

The precariously lopsided balance that is achieved through retail hype, intensive investigation of new vams to the point of overkill, and the total lack of objective collecting goals promoted by impossible 'lists' culminate in vamming aspiring to be its own worst enemy as I see it, and I don't see anything changing despite the best wishes of both true collector and dealer alike.
Sort of like an avalanche or a nuclear arms race, a runaway train that can't get out of its own way.

Vamming is growing (if you can even call this type of cancerous effect "growth") at a pace that is out of control, but what breed of 'vammer' exhibits these characteristics of explosive growth?

Vamming has no positive direction, no responsible leadership as I see it. Allowing aggressive dealers to step to the forefront of vamming (and proclaim themselves as the true experts) has caused the deterioration of the hobby for the true collector. I foresee the eventuality of a faction of the hobby breaking away and getting back to basics and allowing the dealers and entrepreneurs to deal and profit from each other as long as that will last.
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SsuperDdave's Avatar
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 Posted 07/27/2010  10:01 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Any thoughts on this subject?


Zeewool, you are looking, and posting, at the future of VAMming. Not *just* CCF, of course, but VAMming needs to go mainstream to sustain itself into the future.

Pretty much every serious Bust Half collector is intimately familiar with Overton types. Likewise early copper people and Sheldon. Yet, how many times have we needed to explain the term " VAM" to someone who has already collected Morgans for years?

VAMs are not as accessible as the other variety listings, both because they're a work in progress, and because of the sheer size of the database. Makes it a kinda daunting task; only a very, very few will ever assemble anything resembling a "complete" set even under the most liberal definition of the term. Yet, by nature, numismatists are students of the details. I contend that one does not have to raise desire in the heart of the collector, only awareness, and their natural orientation will supply the rest. So all we need to do, is to sustain this effort through the next few years.

I am a member of the last generation which will not be considered "Internet-connected," having grown to adulthood in a world where the PC was not ubiquitous. Those who follow me view the Internet as a destination, a resource completely integrated with their lifestyle. The coin collectors among them will naturally gravitate to, and learn from, places like CCF. They don't run for the library; they don't operate in solitude. They have the resources of the entire Earth at their fingertips, and they know it. As long as when they get there, people like you and I and Seated Nut and Aladdin and Russ are already discussing VAMs, well, the process will happen naturally.

There is nothing in numismatics remotely close to the effort already expended on VAMs, and we've still just barely scratched the surface. It is, IMO, the single largest numismatic research project ever undertaken. It's the most collaborative ever attempted. It couldn't be done any other way - there's simply too much to accomplish. Instead of being "the guy who defined the system" like Overton or Sheldon, individual efforts in VAMming tend to have to concentrate on single dates, like the guy at VAMworld who is devoting himself to 1902-O's. That's the only way one can ever hope to encompass "everything" regarding an issue; 1878 alone contains more sheer data than any other single issue in the history of the US Mint.

Yes, the younger generations tend to be more "instant gratification" oriented than previous. I don't consider that "bad" or "good," just a thing. There will always be those who remain unsatisfied, though, those whose thinking patterns require them to look further under the surface. Among this latter class is the future of VAMming, and all we have to do to inspire their participation is to already be talking about it when they get here.

For some people, there is great satisfaction to be taken from being a part of something bigger than themselves. The world of VAMs will not be completed during my lifetime, and I cannot describe the feeling I derive from getting to be even a very small part of the process. The scope of the task is so broad, though, and the timeframe so long, that people like me who will never get their name on a Discovery Coin can still make valuable contributions. This place, Coin Community, and the practice of educating those who are brand-new to the arena, is where I choose to make my contribution to the effort. As long as there are people like me introducing newer collectors to the fascination of Morgan dollar varieties, there will be new personalities whose bent is to research, and who will throw themselves into the core task of adding to the store of raw data.


Quote:
what I thought would help draw younger folks into vamming.


You're already doing it.
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SsuperDdave's Avatar
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 Posted 07/27/2010  10:24 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Zeewool, you posted while I was composing my last, raising a point I wish to address.

This, too, shall pass.

There will always be those whose love is the profit, and those whose love is research for its' own pure reward. Although I take your points as well-thought and generally true, I do not believe the future of VAMming is in any way endangered. It's not like we're creating something new here; the dies are the dies, they existed and they are not changing. Our job is to uncover them, nothing more.

The sheer size of that effort, the sheer number of different varieties, is not only the reason the quick-buck types are attracted but also the reason they will never dominate the field. This is the biggest thing ever tried in the arena of numismatics. The very size of the effort is going to attract the most serious investigators, going forward.

So the core research will coexist with the profiteers. Yes, I see a little upcoming chaos when Mr. Van Allen chooses to pass the torch, but the only logical progression (IMO) is SSDC directing the overall effort, and a "board" making official determinations of new- and revised-varieties. This board will be composed of those whose overall knowledge and dedication to the task make them the obvious choices, and yes, some of them are dealers.

Can any one among us argue, for instance, that Logan McKechnie does not posses the expertise and judgement to be qualified to help decide what is and is not a VAM? Yet, if any one man is "making the market" for VAMs, he's the one. The next Morgans Ash Harrison and Dennis Halladay sell will not exactly be their first. Ditto for Rob Joyce, Dr. David Close and Jack Lee. I cannot imagine the future of VAMming not including all of them, though.

Going forward, the more the knowledgebase matures, the less-important any one VAM will be and the more important the true rarity rating to any given coin's actual value. We have no real idea of the real-world rarity of most VAMs; it may turn out that, 50 years from now, the 1887-P VAM-1 will become the single rarest and most-valuable coin in the series.

In the meantime there will be those who seek to profit at the expense of the research. They will always exist, predators circling the outside of the school. We counter those predators of the uninformed by education. At places like CCF. It goes back to my base point in the last post - the effort is of such scope that valuable contributions can be made without ever discovering a new variety.
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steve199's Avatar
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1882 Posts
 Posted 07/27/2010  11:16 am  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply

Quote:
Only "plausible"? Hmmmmmm, you don't sound very convinced Steve.


Well, I just wanted to leave the door open for other possibilities, but I haven't thought of any yet...mainly because of my limited knowledge of the minting process. :)
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 Posted 07/27/2010  4:06 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
What a terribly eloquent and decisively accurate assessment of the situation Dave. I could not find one point in your first post that I could even imagine disagreeing with, but I did find one thing rather disturbing in the second (despite the fact that I had feared this, I do believe it to be true as well).

Both posts were quite thought provoking and perception bending to me.

I had seriously expected a severe brow beating for my blunt and tacky words.

Yes, I do have great respect for Logan, Jack, Dennis and David. I hold no ill feelings for a person's affiliation to the hobby, only for the poor character of a select few.


Quote:
So the core research will coexist with the profiteers. Yes, I see a little upcoming chaos when Mr. Van Allen chooses to pass the torch, but the only logical progression (IMO) is SSDC directing the overall effort, and a "board" making official determinations of new- and revised-varieties. This board will be composed of those whose overall knowledge and dedication to the task make them the obvious choices, and yes, some of them are dealers.


While he may 'pass' a torch, it may well be 'accepted' as crown and scepter. While the progression to SSDC may be a seemingly logical choice, it is certainly not the only one, yet I believe it is the one that has already been negotiated. This 'board', I also believe, has too already been clandestinely arrived at among those who will preside. Here is the root of my issue with this..... By 'whose' judgment are these the 'obvious choices'? What ever happened to the democratic process?
An open election of board members chosen by the entire vamming community, would be totally out of the question? Harmony, (based on fair rules of play) could turn out to be a better route to follow than discord, (based on personal agenda and subsequent distrust).

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 Posted 07/27/2010  4:09 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
You are a wise man Steve....Bravo !
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