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A Word Of Caution

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Pillar of the Community
SeatedNut's Avatar
United States
2797 Posts
 Posted 10/27/2009  12:24 pm Show Profile   Bookmark this topic Add SeatedNut to your friends list Get a Link to this Message Number of Subscribers
I'm seeing more and more "miss-attributed" Morgans on ebay these days. With more folks getting in on the action, there are some neophytes who get a bit overzealous. They see one diagnostic that matches from the photos on VAMWorld and attribute their offering as such. I usually send a "question to seller" and let them know of their error, but lately these are being ignored. I sent one last night for an 1878 7/8TF advertised as a VAM 41 Top 100 coin. The coin pictured is a VAM 37 (broken 4th right star and die gouge on lower arrow feathers).

My caution to new VAMmers is this ... don't take the seller's word on an attribution. If the pictures allow, confirm for yourself. And always make sure there is a viable return policy.

I had the opportunity to email one unlucky recipient of a miss-attributed coin. He left negative feedback on the auction and I was able to bring up his page and email him. I let him know I had communicated with the seller on three occasions to advise her the coin was not the rare variety she was advertising. She refused to listen. She had a "no return" policy and the guy was out $500 on a coin worth about $25.
Valued Member
remmy1100's Avatar
United States
380 Posts
 Posted 10/27/2009  3:50 pm  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
This is happening all the time. Good advice. Here is my recommendation. If *YOU* cannot absolutely attribute the coin, do not bid on it. There are sellers out there trying to rip you off. There are also sellers out there that do everything in their power to make sure you have the best photos available to attribute via auction photos. These are the auctions you want. Cherry picking is no fun when you get ripped off.

Unless...

1. The coin is potentially an ultra-rare you are willing to take a chance on (knowing the cards may not fall in your favor)
2. The coin is cheap enough that taking a chance will not hurt your situation


My 2 cents
Valued Member
Peaceman's Avatar
United States
434 Posts
 Posted 10/28/2009  12:04 am  Show Profile   Bookmark this reply Add Peaceman to your friends list Get a Link to this Reply
Yea, the guy just getting into Vams will find this out pretty fast (I hope). Heck, over half of the 1922 V4's and V5 that NGC attributes for the Peace dollar top 50 series are wrong.... O... and off by a pt too... I hate trying to cross them.
Valued Member
remmy1100's Avatar
United States
380 Posts
 Posted 10/28/2009  4:30 pm  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
when they start misattributing tail on O (1923-P VAM-1C) Then we have something to really worry about. LOL
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