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The Seven Topics Of VAMming That Merit No Discussion

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VAMsforMoney's Avatar
United States
220 Posts
 Posted 12/24/2010  12:11 am  Show Profile   Bookmark this reply Add VAMsforMoney to your friends list Get a Link to this Reply
I have been away for a few days. This thread has taken a few interesting turns.

Couple of things.

Those folks that do the research and publish their work do not make any money directly from the sale of the publications. I would also add that unlike what many percieve, the motives to publish a work is not driven by profit as far as I can tell. The Top 100 book did not make money, it was published purely to attempt to spark interst in the hobby. It is easy to sit on the side lines and second quess the motives of those who provide the hobby with information. My suggestion is to take it at face value and not read too much into it.

Dealers are dealers. Hobbiests are hobbiests. A dealer can also be a hobbiest. A hobbiest can also sell VAMs. The problem comes into play when the usual few rotten apples try to make a buck at someone else's expense and take advantage of the uninformed.

But this is no different than a rotten used car salesman. There are honest and professional ones out there. All it takes is one or two to give the community a bad name.

Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 12/24/2010  12:18 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
There is one author of one list that in my opinion definitely has a hidden motive. He has one specific VAM that chances are there are absolutely no more of them, so its a 1 of VAM and he happens to be the one who owns it. Yet when he made up his list, that coin was one of the ones that was added to his list even though he knows unless he sells his example no one else will ever be able to complete his special list. I understand they may not make any money from the publications but if they are only adding coins they have in their collections then there is a hidden agenda in there somewhere, especially if its a 1 of coin like the one I am talking about. We all know if the writer is well known enough the TPG's will usually follow suit and pick up their special lists to attribute on their label, and as soon as that happens those coins they added to their lists usually just doubled in price if not more, especially once those specific special listed coins are added to a registry set
Valued Member
VAMsforMoney's Avatar
United States
220 Posts
 Posted 12/24/2010  12:29 am  Show Profile   Bookmark this reply Add VAMsforMoney to your friends list Get a Link to this Reply
If you have ever met the person you are referring to, and actually sat down and talked to this individual, then I would suggest you would change your mind. I am not condoning the decision to include the subject coin into the subject list you are talking about, but I doubt it was for monetary gain actually. But your opinion is shared by many.
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aladinslamp's Avatar
United States
3076 Posts
 Posted 12/24/2010  12:31 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
first of all, MOST of those who write these books, are not into making money on there studies...as they are not "promoting"
a specific coin but rather an anthology of the specific year at a cost out of there own pocket.@$4-5,000..to have enough coins to really study the year....Those who make the lists of what we should collect may have other motives...
Valued Member
VAMsforMoney's Avatar
United States
220 Posts
 Posted 12/24/2010  12:39 am  Show Profile   Bookmark this reply Add VAMsforMoney to your friends list Get a Link to this Reply
I am not sure that it cuts only one way.

Look at the current VAM listings. I have not counted the current number of listings, because I am lazy. But let's say there are over 3000.

If you are a newcomer to Vamming, it can be mind-blowing and one could easily get lost, and subsequently leave Vamming without even getting started.

What is wrong with assembling a list of significant VAMs for a newcomer to focus on and not get bogged down into the minutia of the minor, no premium VAMs? That was the spirit that the Top 100 list was assembled in.

It seems to me that the Top 100 list did exactly what it was intended to do, spark and focus collector interest. Why would the motive be questioned?
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aladinslamp's Avatar
United States
3076 Posts
 Posted 12/24/2010  01:09 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
let me say this...I do like your point of view.....
one counter result is that many a rare coin is now deemed non- interesting..
A recent thread on VM, I'm liking to my interest, yet it still is a list...is the rarest NON T100/H50 list coins.....
lets get one thing straight. I am not demeaning any thing, I love this hobby and understand the lists "ARE" intended to allow new patrons of vamming to collect common, AND some never able to be collected vams.....be that as it may be...but many a coin that is not on that list suffers...as its extremely hard to find but not on the list, and as such......has little value.....unless its within the registery set...collectors........I don't compete within those lines....I am into vamming as a principle, despite the economic endvour or others....I am here not to promote or demean this hobby I have chosen...
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Morgans Dad's Avatar
United States
5632 Posts
 Posted 12/24/2010  01:13 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
I call it being cynical, why, because people who do have another agenda, simply put, are NOT going to tell all the real reasoning behind their motives and that is IMO, being a self serving, slippery person or way of doing business. I see your avatar and name, does this not speak volumes of your thought process, not coming down on you, just stating the obvious.

I do believe there are plenty of people who, if given the chance to watch the store, will do what comes naturally to them, be them selves, and like some who have a self serving agenda, you would be hard pressed to be lucky to find things the way they were left.

I call it the way I see it and there is a fine line between being kind and being taken for a fool. " Don't mistaken kindness for stupidity" I do not hand out trust to people, like certain other things, trust is something that MUST be earned, and I do not trust dealers of this hobby I do not know or have shown me their REAL side, the shady one........ I do not see a problem with making a book for people to read, I do see a problem with stating the book is for " the newcomers" to assist them in learning. I DO NOT see it that way, I see it as a way of dealers promoting their stock or preferred coinage to sell and that is what I call a hidden agenda. I would go out on a limb and ask, is the author a coin seller/dealer? Let me take an educated guess on that answer, more than a good chance, more than a great possibility? I do believe this topic does merit discussing.

I am not a child and have been around the B&M'S a few times, people are not all bad and not all good, I like to give people the benefit of the doubt, but if I become the product of a dealers scam, shame on me for not knowing better, I also feel the collectors out there are getting wiser, smarter, and using their knowledge to "play the game" and for this, I say the field is getting more and more level, by the days going by.......PS VFM, Welcome to the forum.
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VAMsforMoney's Avatar
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220 Posts
 Posted 12/24/2010  01:19 am  Show Profile   Bookmark this reply Add VAMsforMoney to your friends list Get a Link to this Reply
Understood. Like I said, I suspect if you talked to the guy who put the list(s) together, you would get a much different perspective and understanding.

That being said, there was a mention of the "elite" in earlier posts to this thread. How many of the "elite" actually make their sole living off of Vamming?

I would suggest that none of them do.

Sure, there may some outside the "elite" that barely survive by buying and flipping VAMs. But let's start at the top. How many on the SSDC Board make their sole living off of VAMs (besides the one who does not sell)?
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 12/24/2010  01:19 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
You are correct, I do not know this person. I am just a small fish in this big VAM ocean and you are correct I may change my mind if I ever met thgem. I am not saying they are not trying to bring attention to the hobby because their lists have definitely done that but I have to ask myself why this author would include a coin in his own collection that he knows there isn't any more out there so he is the only one who will ever have a complete set of his special list unless he decides to sell his. And he had to know once the TPG's jumped on the bandwagon and started attributing this particular VAM that it would make his coin worth pretty much whatever he wanted to sell it for. I am sure he has been offered some pretty insane money for it already. there are VAM's out there that are very rare and are more than 1 of them that the TPG's will not even consider attributing because the person who "discovered" the VAM isn't well known or connected in the community. Thgis is just my opinion and I have nothing against any of them who make these special lists of coins and my hats actually off to them for dedicating their time to study the VAM's as much as they did to be able to have enough knowledge to even write a book about it, but I just don't see where a 1 of coin should be on any special list especially when the author is the only one who owns that one specific VAM
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VAMsforMoney's Avatar
United States
220 Posts
 Posted 12/24/2010  01:25 am  Show Profile   Bookmark this reply Add VAMsforMoney to your friends list Get a Link to this Reply
Please understand where I am coming from. Like I said above, I am not condoning including a single known coin in a collectors list. I suggest that in hindsight, the list author might actually do it differently if the list was not already published.

My only point is that folks seem to be looking for ulterior motives in the lists. I do not believe that they were assembled with pure profit in mind. That is all.
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Morgans Dad's Avatar
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5632 Posts
 Posted 12/24/2010  01:46 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
I would venture to say, I TOTALLY dis-agree.

I also do not see where a person who is on that board, and does not deal coins for a FULL TIME JOB would come into play.
I see the people who sell any coins on that board part time or anywhere in the middle, a conflict, if you can not agree that this could have a strong impact on the hobby, I would say I would agree to TOTALLY dis-agree with you," Vams For Money"........
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aladinslamp's Avatar
United States
3076 Posts
 Posted 12/24/2010  01:47 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
perhaps I am ignorant of the overall concept, that there is a big business behind the whole of this...be that as it may, while there will always be over tones in any hobby, this being just like the rest of any hobby or antiquities...you think of me as a fool...
because I adhere to the basics
of vamming and don't subscribe to the overall picture. which is a complicated issue...I am sure I have no understandings of such minipulations never heard of them even on this forum....but of such things you are severly mistaken....If one talks only on the high side of an issue we forget the average side.....Thats most of us as far as the issue goes......we only put down the average person...I have 3 coins. so I now understand all there is to know....
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VAMsforMoney's Avatar
United States
220 Posts
 Posted 12/24/2010  01:59 am  Show Profile   Bookmark this reply Add VAMsforMoney to your friends list Get a Link to this Reply
Certainly not here to raise emotions or blood pressure.

Back to one of Ozland's questions. "What is the future of Vamming?"

If nobody identifies and sells VAMs to the buying public, then is there a future? Or is the hobby of Vamming delegated to folks who just cherrypick and put them into collections?
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aladinslamp's Avatar
United States
3076 Posts
 Posted 12/24/2010  02:29 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
while there are many who would think they are being "PICKED" and as TO MANY A POST SUGGESTS...99% of us do not fall into that catagory...

But I do see it as a concern for those who deal in coins and feel they are being picked...most dealers not only, are very busy in many denominations and its a full time deal just keeping up with the gold and silver prices...in one night if the price drops, they can loose 10 grand.....but that's not the game I play but do see there side of the coin......that one in 100,000 coin slips away was worth way more than ,melt..due to its rareity if you can find it.....I am far from being ignorant of buisness as a whole.. this commeditdy of silver or gold, or vams is a small thing in my life...I don't have the money to play such games...as are many who post here, and sure some are reaching for gold....or the lotto, but many are here to learn not to put the generalization of the BUISNESS IS THE WHOLE OF what this is all about...but thats just me....I do not care about the business side, I don't have the money to compete on that end, but there is more than one end, and the hobby is what I like...despite what may be the ups and downs....
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3660 Posts
 Posted 12/24/2010  02:29 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Wait just a minute please, before we get back to the future of vamming, I have one quick thing to say about the authors and lists......

I definitely believe that these authors have a range of motives for their works, from the love of the hobby and a contribution to others, to vanity, to ego, to perceived status, to notoriety, to failed attempts at greed, to the mere compulsion to express themselves in print....as we do here (but just more authoritatively).

Call some of them pure, some of them something less, nobody authors out of boredom..... talking to one of these authors about their motives may be an enlightening experience, or it may not be....depends on the flow of the conversation, the attitudes and level of trust afforded.

The content of the works is what is sometimes troubling and stands as a barrier to believability..... I read a couple of them, one by the guy who does not sell, one by the guy who owns 'the coin' (but it wasn't that book), in fact, I am not sure if there even is a 'book'.....Let me do quick reviews on these two books that I read a while back.....

1878 S Long Nocks, was far less than what I expected....the pictures were not very good, the narrative was not as much as I had hoped for, but then maybe I was expecting too much for the price that I was told was paid.

8 Tail Feather Attribution Guide....far more substance, better pictures, however, quite redundant.....I felt as though there was some information that was just 'missing'..... errors or misinformation was the let down...once I find an error, I quest the validity of the remainder of the information....Price wise, it may have been a better deal, in that the overall appearance, weight and feel of the book was more substantial.

It may not sound like it from that, but I felt that both books were worth the money and the read.....both incorporated information that you are not likely to encounter elsewhere.

It is the "lists" that bother me....and I do not know if these lists are in book form or if they are just "lists".....again, motive is the question....and talking to the author may or may not reveal true intent..... I asked why 'the coin' was included on the list....I was told by the author of the list that it was put there to provide motivation to find another..... I was not at all impressed by that answer... I am not an idiot.... and I don't enjoy being treated as such......there is no motivation necessary in the search of the Holy Grail....folks have been searching for it for two thousand years without interjected motivation, without even knowing that it exists.... A second coin may or may not exist, (and I think that the possibility of that red herring becoming reality diminishes on a daily basis)..... Not even the author is going to sway my belief that this coin was added to the list for any other reason than ego.

These lists seem to have far more of a commercial flavor than most folks like... And why not? Who likes being dictated to as to what to like, what to look for, what is interesting, what is worth a premium, what is to be coveted or what to collect? Who was asked for their opinion? Was there a poll that everybody seemed to miss?

The collector really should be at least considered as a determining factor in these lists, but it seems as though the TPGs are more important to have consensual understanding with (rather than the mere collector).
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