Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Shop for APMEX Bullion on eBay!Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

A Couple Of Misses

To participate in the forum you must log in or register.
Author Previous TopicReplies: 7 / Views: 2,025Next Topic  
Pillar of the Community
SeatedNut's Avatar
United States
2797 Posts
 Posted 01/06/2010  11:40 am Show Profile   Bookmark this topic Add SeatedNut to your friends list Get a Link to this Message Number of Subscribers
In an attempt to share my pain, here are two recent ebay coins that I was the "first under-bidder" on. These don't come around very often and they just happened to show up after Christmas when coffers were a bit low.

Number one is an 1878 8TF VAM 14.6

A-Couple-Of-Misses

Note the diagnostic crack just right of the 4th right star that goes from the denticles to the hair. The key diagnostic for this one is the "Dot on Ear" but some examples (including this one don't show it well)

A-Couple-Of-Misses
The A1C reverse

And the second miss (ouch! ouch! ouch!) is the 1878-S VAM 18 Spaghetti Wing

A-Couple-Of-Misses

A-Couple-Of-Misses

If this one is indeed Mint State, it's a $1500 catch for the lucky winner.

Just letting all the VAM'mers in the crowd know that there is still treasure to be found.
Valued Member
Ferret552's Avatar
United States
168 Posts
 Posted 01/06/2010  11:43 am  Show Profile   Bookmark this reply Add Ferret552 to your friends list Get a Link to this Reply
If you don't mind me asking, how much did these end up going for on ebay?
Pillar of the Community
SeatedNut's Avatar
United States
2797 Posts
 Posted 01/06/2010  11:46 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Ferret,

The 8TF went for $185 and the 78-S for $360. Both were unattributed by the seller, but you can see from the hammer price that I wasn't the only one to know what the were.
Valued Member
Ferret552's Avatar
United States
168 Posts
 Posted 01/06/2010  12:35 pm  Show Profile   Bookmark this reply Add Ferret552 to your friends list Get a Link to this Reply
Yikes... a $1,000+ profit off of that 78-S, and I can barely tell the difference between the two (without your explanation of things to look for). Total respect, and I'm glad I'm not involved with VAMs... yet.
Pillar of the Community
3660 Posts
 Posted 01/06/2010  1:40 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Isn't it a nice thing that ebay does not publicly share the maximum bid of the high bidder at auction's end? The pain level could increase significantly if this information were available.
Pillar of the Community
SeatedNut's Avatar
United States
2797 Posts
 Posted 01/06/2010  1:47 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Yes it's probably good that we never know. My bids were $183 and $355 respectively. If the high bidder's max bids were $185 and $360 I might do something drastic. In both cases there were only two bidders that bid the VAMs ... myself and the winning bidder. All others were left far in the dust.
Pillar of the Community
trdhrdr007's Avatar
United States
2335 Posts
 Posted 01/06/2010  2:10 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I'm not into VAMs (yet).....but I'm definitely into the thrill of the hunt. How big is the market for these? If I were to run across a rare VAM could I easily sell it to a collector? Where are you getting your values from?
Pillar of the Community
SeatedNut's Avatar
United States
2797 Posts
 Posted 01/06/2010  2:27 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply

Quote:
I'm not into VAMs (yet).....but I'm definitely into the thrill of the hunt. How big is the market for these? If I were to run across a rare VAM could I easily sell it to a collector? Where are you getting your values from?


Another one succumbs

Some VAMs can flip very easily due to extreme rarity and popularity. Others, though rare, just don't have the appeal.

I get my values from the semi-annual SSDC Retail VAM Price Index. This reflects prices paid during the last six months and includes 1878-P, Top 100, Hot 50 and now Hitlist 40 VAMs. Prices reflect what the market paid (EBay, VamQuest, Teletrade, Heritage, reported private sale, etc). It's a PDF file that is emailed to SSDC members in January and July. SSDC membership is about $22 per anum.

These two would have no problem getting the buyer a profit should he/she decide to sell. There is the additional expense of PCGS certification (absolutely required to insure top price on these two). The guide shows the VAM 14.6 selling for $400 in VF and $1300 in XF, the VAM 18 sold for $1500 in MS61 and $1800 in MS62. There are no sales reported for the VAM 18 in MS63 or higher.
  Previous TopicReplies: 7 / Views: 2,025Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.3 seconds to rattle this change. Forums