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Replies: 176 / Views: 15,011 |
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Pillar of the Community
United States
3076 Posts |
actually both of your comments/views are quite understandable...with every commodity there seems to be a list from all around groceries to the top best whatcamacallit's.. and since those lists are not exploited and very few times mentioned HERE...I think we are safe from advertising and the site runs strictly on the premise of VAM's alone...these other issues may be something one wishes to buy into or choose not to..And like you say just simply collecting and learning about them for themselves...... Now I must admit at some point in time one must acknowldege there will always be others organizing things or commodities which the masses are supposed to be longing for...... still its which game we choose to play.....will always be our choice....
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Pillar of the Community
 United States
1551 Posts |
I do not agree that Wiki is free. There is advertising revenue as well as a set up cost if it is larger. And the person or persons that started it up as it grows receives that or a part of it. It is only compensation for there time. Advertisers do not pay if know one clicks! No different then the people that spend countless hours researching different die pairing and then writing a book.
There is a cost for just about everything, directly or indirectly. I see Information as a commodity and it has a cost. I have made errors buying coin in the past and will make more in the future. The games played in collecting by dealers is the same, and if one wishes to play in this field. It's the rules of the game.
I do not like many of the current rules as it would be. But I also understand that if everyone here just stopped buying coins in protest, their are still to many others out there that will continue to buy and we will not make a difference.
I place a value on what I buy without emotion, and am willing to wait on buying something until I have what I feel is enough information. As we all should.
Addressing Costs (TEST) Name 15 things you can do in a day that has NO Tax on it in one form or another? I cant get past 7
Edited by twohawks 12/21/2010 8:47 pm
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Pillar of the Community
3660 Posts |
I was unaware that there were costs associated with wikis.... so I have learned something here.... I could name a whole heck of a lot more than 15 things in my day that are free.....I imagine that it all depends on our differing life styles and interests..... I guess that I should feel sort of sorry for you Russ, if you can't get past seven.....  ...I'll say a little prayer for you though buddy... 
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Pillar of the Community
 United States
1551 Posts |
I can't drive as we tax the license fee and gas. We have a fat tax so I cant eat at MD or BK. There is a tax on all soft drinks, So eating and drinking are out all together. I have to have a bike license so riding a bike is not free, and we have a fee to have our trash removed. For every dollar earned between the state local and fed I get too keep .73 cents but then have to pay 7.75 % on everything I buy after that. Of course if I spend money painting my home then my property taxes get raised.
When everyone looks at the vast amount of money taken in by your state and local and fed government you will come to realize this!
We have NO TAX Problem we have a spending problem. The only tax problem we truly have is our governments do SO LITTLE with what they get!
So for me too think a coin dealer is in it for the fun of it alone I can't fathom. In my mind everyone's time has a value and the value is based on what they know.
Added Every-ones Internet service has fed and state taxes on them so me typing this even has a hard cost.
Edited by twohawks 12/21/2010 9:28 pm
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Pillar of the Community
3660 Posts |
Quote: We have a fat tax so I cant eat at MD or BK. You must be a masochist Russ....I can't imagine even wanting to eat there anyway. Quote: I have to have a bike license so riding a bike is not free I didn't know you were into bikes Russ....I love bikes... (I'll bet that you are a Schwinn guy aren't you)? Lighten up Russ, it is Christmas time, and I am joking around with you...can't you tell? Quote: For every dollar earned between the state local and fed I get too keep .73 cents but then have to pay 7.75 % on everything I buy after that. Consider yourself a very, very lucky person there Russ.... Most folks are paying 40%+ in combined fed & state income tax, and try 10.5% for local sales tax.... Quote: When everyone looks at the vast amount of money taken in by your state and local and fed government you will come to realize this!
We have NO TAX Problem we have a spending problem. The only tax problem we truly have is our governments do SO LITTLE with what they get! Everyone realizes this....who reelects these people though? Incumbents feel neither fear or loyalty to the citizens that they so soon forget about.....Congress is not a job or a duty, it is a very lucrative career, and after that a very comfy retirement....everybody realizes that....we let it happen because we don't take any action to reverse it. Collectors need to take charge of their own hobby.....Collectors do not need dealers to survive, but dealers need collectors for that purpose, so why is the balance of power in the wrong hands?
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Pillar of the Community
 United States
1551 Posts |
The balance of power is in our hands ! We buy... or do not buy. That is how the market is set. LOL If I can get 101 % of melt on a Gold eagle down the street why would I sell it to the other guy for 98%? That part of the market is like I posted earlier. If you are selling you have a choice of holding out for more money. If know one buys it after awhile you may bring your price down. So buyer and sellers are interwoven. The dilemma comes in when a buyer whats ...but feels its not worth what the seller whats. I have passed on coins as I felt that they where over priced, later to come back at the same show and it was gone. So someone thought it was worth more than I. The feeling of having little power in this is because most buyers wish to pay less and sellers what more. I am sure some guy thought 10 fur pelts for a steel knife was a bad deal 200 years ago. But if you need a knife you traded. 
Edited by twohawks 12/22/2010 12:32 am
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Pillar of the Community
United States
3076 Posts |
the world has operated like this, its always been about money...the thing is when one likens to take up a hobby, its usually not perceived on the whole that it still is business minded..and operated...Every business has an overhead or they couldn't operate and employ any one..we all know this and what is really the heart of the matter in my feeble mind, is: while this is a hobby, one would like to believe that we are not being taken to the cleaners because we like this hobby....we see many making a fourtune and we would like to think if we find something of value it REPRESENTS this value on some level..weather wholesale or retail levels...My meaning is simple in that if we choose to partake in a hobby. and not that its wasted money and time for our enjoyment.. one could take the family to the new movie(ENTERTAINMENT) and blow $50 plus all in the name of entertainment or the cost of occupying our time for our enjoyment... It is my hope that this hobby is not in this classification but one has to wonder.....for in the short tern there was never a profit, but over time as the collector base grew there was less in the open market to be had so there was at least a recoup of the initial cost, and many times there was a profit, yet it was 10 years plus...to see the return/profit.... SO IT IS WITH VAMMING....one would like to buy/find reasonably priced coins that would still be worth what you paid rather than buying into a hype that has no return or is worth less than what you pay and assume its the "price/cost" of pursuing a hobby.... Vamming is one of the most indepth studies I have encountered..It has so many facets, AS MorgansDad and Oz has mentioned...it takes much study.......one wonders if its worth the time.....Yet at the same time....I don't need to spend $100K to go to college to figure out whats going on....or expect I have a job after 5 years of college to get a entry level job......and this is true today..while education is so important in any field.....one can still apply themselves in this field of forensic Numismatics online..for free.....the cost is the examples you find with the knowledge you have gained...And as My good friend Russ so put it....I make mistakes and then at times I find something cool.....it takes time..your time to research what vamming is and people like OZ, Superdave, SeatedNut,Zee and Russ and the list goes on and one......to point out(sorry I know I missed many names I would like to add) Its a complex subject...if your in it for the money then you have your hands full, thinking I will just walk into any shop buy the coin and get rich..there are not enough people with all that money to play the big money game......but there are still coins.....and they are still out there to find....with members studies and the advice given at sites such as these, knowledge will grow.........and if one looks at some of the "hot lists" many many are too common, and some that no one could possibly find.... THESE LISTS are not definitive of what vamming is about......it was a few peoples idea of what "common errors" within the Morgan series could be found to generate and expand that interest.... CONECA lists pennies nickles dimes and so much more..Many collect foreign errors also....But this is our area, of interest....it is now in a state of flux....a soon to come change.......in our eyes we think what will become of us or our interests.......yet
I would propose......these coins are still well over 100 years old....these coins will not change from what they are....they will however be more understood as time goes by...by those who study and collect them......you won't collect them with out studying them... SO it is up to us where this leads......in ignorance by following the say soer's or with knowledge..OR understanding by our combined studies....
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Pillar of the Community
3660 Posts |
Quote: I don't need to spend $100K to go to college to figure out whats going on. You are making my eyes roll back in my head again. So just what is going on? Do you think for one moment that you are not an unwitting servant of the dealer, (in several ways)? Do you not unknowingly promote the hype?
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Pillar of the Community
United States
3076 Posts |
since I choose not to buy slabbed Vams or pay full retail prices, I choose my own poison. when, where and how much of a fix(  ) I need...I always look at the coin first and then see if its a VAM I might want....NEVER the other way around...So no I don't feel I'm helping a dealer out in any way or feel I am promoting any hype....I'm simply saying there has always been the sharks and the minnows I choose not to be ignorant yet still not the shark......I choose the hobby while seeing the surroundings or getting sucked into the black hole...   
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Pillar of the Community
3660 Posts |
When someone on a forum asks for an attribution, you do your best to give it to her or him and identify it as such and such a VAM, R-6, a top 40 coin.... Do you really believe that it is an R-6, (which, by the way is very deceptive in itself, as the vast majority of coin folks know exactly what an R-6 is, yet when referred to in vamming, means something totally different)? The rarity rating given has absolutely no basis in fact whatsoever.... You can attempt to defend that rarity nonsense by saying something equally as ignorant as "it was a best guess at time of discovery"....PAALEEZZZ... based on what? None of these coins have transparent rarity ratings without census statistics....to bestow rarity ratings upon discovery should raise eyebrows, but it doesn't....Interest ratings are what you are told to think and believe as well. Why do you think that these vams need a totally different rarity scale than other US coins? It should make you hmmmm, hmmmm, hmmmm.....Then there is the mention of the coin being a Top 40 coin.....Is it a coin in your own top 40? Making mere mention of crap like Hit List 100, Top 50, and the such puts you in the position of promoter for the dealer that created such a list for self serving reasons.... Denounce that sort of stuff.... do not give credence to it.
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Pillar of the Community
 United States
709 Posts |
I once had a respected vammer/dealer ask me what was all the angst about vammer/dealers that he kept seeing in recurring posts? My reply was "the issue is about transparency or rather the lack of it. Look at all of the various facets of this issue and the dominate theme is always too much self serving interest or outright conflict of interest. Perhaps, this has always be so, but with the Internet and the ability to chat with other like minded people, this issue keeps popping up.
Edited by Ozland 12/22/2010 5:17 pm
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Pillar of the Community
3660 Posts |
Yes, I think that you are absolutely correct Terry, but I have a feeling that the spiderwebs of guise run into places that some would not suspect.... I have doubts that the folks looked upon as the top dealers are really in it alone....There might just be a Godfather who separates himself from the actual hype factory and the sales departments.
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Bedrock of the Community
United States
14454 Posts |
Quote: There might just be a Godfather who separates himself from the actual hype factory and the sales departments. There may be, but that will be one conspiracy that I will never know unless someone in the know turns on them because I will never be asked into those little tight circles because my pockets aren't deep enough to play with the big boys for them to even know my name. Usually the way you get known is because you become a threat, and that is something I will never be to the ones that have disposable income to just throw at any coin they may want. I have to choose and sometimes even wait until I can afford a specific coin and just hope no one else purchases it before I have a chance to do so. I have lost quite a few because of this but that's the price you pay for not having the money to back you in your interests at any specific time
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Pillar of the Community
United States
3076 Posts |
While it is possible on the grand scheme of things there could be a GOD FATHER pulling strings to run the operations......Its far beyond where I am at. I choose to Guess your vams to enhance my own understandings...To sharpen my skills....call it Lab 201....it is what I can afford,,, to study others coins......make my guess....could that be enhancing the hype? I guess it depends on how one looks at it....These are coins of the Morgan series I like, as I am not into pennies nickles ect...and sure this series is full of SO MUCH....and it is very involved and challenging..Perhaps that is why I personally like it....SO I think I will start another thread, based upon this premise....Not to favor to those who come not seeking knowledge ..... But rather Credendo Vidas.......not just believing in what you see..not because of slight of hand but rather..... to study and understand why.... to understand the system as it is.....Gene
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Pillar of the Community
3660 Posts |
Quote: While it is possible on the grand scheme of things there could be a GOD FATHER pulling strings to run the operations.. No, I did not mean it exactly like that....not a director of operations so to speak, but rather an unwitting figurehead that the dealers feel benefaction is due for some undisclosed purpose. Quote: I choose to Guess your vams to enhance my own understandings. That is what I like to hear (and see), as it just so happens that there are currently three or four threads with zero replies (asking for that exact thing).....If I possessed the ability to answer those threads, I certainly would, but I don't, so I won't.....If those requests focused on a different year, I might feel a bit more comfortable in taking some stabs at attribution, but 1881 (it seems to me) is the most difficult year (1921 excluded).....Maybe you could hone you skills on those threads? I would absolutely hate to refer someone elsewhere, when I am sure we have the expertise right here to reply to requests for attribution assistance.... Lab 201 is open.....
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Replies: 176 / Views: 15,011 |