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 Replies: 20 / Views: 2,041 |
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Bedrock of the Community
United States
14454 Posts |
Ok I had a 1884-CC Morgan in MS-64PL condition up on this site for sale and since no one showed any interest in it I put it on ebay. Now I had thought it was a VAM-7 but wasn't sure anyhow, I was asking questions because it shows characteristics of the VAM-7a but doesn't have the die crack on the rear. It turns out that this is in fact a Early Die State of the VAM-7a and since its in PL (and could be the only VAM-7a in PL since no other known 7a in PL or DPL is known at this time) must be pretty early at that. Anyhow someone (not from this forum) offered me about 3x what a regular 84-CC would bring in MS-64PL, Would you tell him that the coin is on ebay and he can bid if he wants (which right now has no bids what so ever on it and starting bid is over 600.00 less than his offer) or would you take it off of ebay and sell it to this other person Edited by Bryan1315
06/17/2006 8:39 pm
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Pillar of the Community
 United States
5953 Posts |
If there are no bids then you may cancel the auction without a problem. If some one offered you more than you thought the coin was worth based on a possible VAM attrib then you have two choices. Get it attributed and make a killing selling it it on Heritage or teletrade Sell it to the guy and turn around a better than expected profit on the coin. Edited by nohope587
06/17/2006 8:47 pm
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Bedrock of the Community
 United States
14454 Posts |
But would you just tell this person that he can bid on it on ebay and may get it for alot less or not tell him and just remove it from ebay and sell it to him for the price he offered? |
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Pillar of the Community
United States
5953 Posts |
If there were no bids then yes I would remove it from ebay. As to the selling direct I would get it attributed first then offer the person. If some one is willing to offer me more than I think a coin is worth then they know or think they know something I don't so chances are they are not offering their best price. Greed would drive me to add some competition in this case by submitting it to a real numismatic auction house and not ebay. |
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Pillar of the Community
Australia
1529 Posts |
In the final analysis, it is your call Bryan.....play by the rules (eBay's NO NO about trading off site)and then stand to "loose" a fair bit of money, or cancel the auction, as there are no bids, and then reap a bigger reward.
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Pillar of the Community
United States
1626 Posts |
If there are no bids, I would take it off and then decide what to do.....maybe you may want to keep it?
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Bedrock of the Community
United States
14454 Posts |
I know ebays rules when someone makes you a offer to take something off of ebay and sell it to them so you wont have to pay the ebay fees but this person doesn't even know its on ebay, he just made a offer after seeing it. And they said they would send it to leroy van allan because his definition of a VAM7a would need to be revised because this one doesn't have the large die cracks but shows all the other characteristisc, it even has the starting of a squiggly line that is alot deeper right under the large die crack shown in the picture, it looks like this is a very early state of the vam-7a. And I'm not really asking what should I do, I just want to know what would you do if you were in this situationEdited by Bryan1315
06/17/2006 9:48 pm
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Pillar of the Community
Australia
1091 Posts |
quote:
Originally posted by Bryan1315
...It turns out that this is in fact a Early Die State of the VAM-7a and since its in PL (and could be the only VAM-7a in PL since no other known 7a in PL or DPL is known at this time) must be pretty early at that.
That's a keeper! I would take if off ebay because you will never get what it's really worth on the internet. Buyers want to see this one with their own eyes. Sell it on ebay and you are just ripping yourself off. If you still want to sell a "no other known" coin, take your time and to get the right price. You'll never be able to get this one only coin again. |
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Bedrock of the Community
United States
14454 Posts |
Ok I ended the auction early but would still like to hear what others think about this
I did not end the auction to sell it to make a bigger profit, I ended it because I am now thinking twice about selling it all together
I guess its a good thing no one on here showed any interest in it because I would have shipped it to them and would have never knew what it was until they told me after they found out for themself, I knew it was a VAM-7 but didnt know all the other stuff about it being a EDS of a VAM-7a and the only PL known so far
Edited by Bryan1315
06/17/2006 10:27 pm
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Bedrock of the Community
United States
14454 Posts |
the only thing I see that was suggested that I cant do right now is send it off to get the attribution on the slab because its not known to exist yet in this EDS and like I said even Leroy Van Allen will either have to adjust his definition of the VAM-7a or make a EDS and a LDS version because the description he has of a VAM-7a now has the large die crack along with all the other stuff my coin has
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Valued Member
United States
383 Posts |
I think you did the right thing to pull the auction while you think it over. New information changes everything. I'm glad there were no bidders as no feelings to get hurt.
No reason not to have it seen by Mr. Van Allen yourself. Perhaps wind up with a letter stating his conclusions.
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Bedrock of the Community
United States
14454 Posts |
That is probably what I end up doing sending it to him myself and see what he says. Anyone got his address? lol
Edited by Bryan1315
06/17/2006 11:12 pm
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Pillar of the Community
United States
1703 Posts |
Bryan, If you didn't realize what you had then I would have done the same thing and pulled it from ebay and deceided what to do with it after that. Now if you would have had a bid,thats a different story. Just for my own interest where is the VAM 7 die crack located? Dang, I have to get me a VAM book.  |
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Bedrock of the Community
United States
14454 Posts |
the VAM-7 doesn't have it the VAM-7a is supposed to and its above ATES in STATES and it has a die gouge on the cheek of Liberty and 1 and 8 in the date is highly doubled (the doubling in date is on the VAM-7 and VAM-7a) The VAM-7 is a R-4 and the VAM-7a is a R-6
Edited by Bryan1315
06/18/2006 12:03 am
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Valued Member
United States
383 Posts |
When I inherited about 55-60 Morgans I was overwelmed trying to attribute them. I sent them to messydesk on the other sits to attribute. He has a pay service does a nice job . The ones he could not attribute he sent to Leroy Van Allen for me and they are now listed on the update page. I sent messydesk a PM asking for Leroy's address. |
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Valued Member
United States
383 Posts |
I sent a private message in the other forum with his address.
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Replies: 20 / Views: 2,041 |
Posted 06/17/2006 8:49 pm
