What Would You Do?

Bryan, I would have done what you did under the circumstances. Since there were no bids, you had a potential offline buyer who had no knowledge of the ebay auction, and new information came to light about the Morgan, I would have pulled it. The buyer seems to be knowledgeable enough about Morgan VAMs, so he knows what he's getting into. But, unlike you, I would have definitely sold it; I need a new rear axle assembly (both axles, bearings, and differential) for my Jeep Grand Cherokee and need to scrounge up all the loose change I can find.

Fred

You wouldn't believe me if I told you, But I guess I am going to give it a try. I have only been collecting since September of 2005 and I started out with 0 coins in my collection. I started looking and decided I really liked the Morgan dollars so I started purchasing raw morgans from ebay. I thought they were real high grade stuff (you know how you are when you first start out, everything you touch and look at is a MS-65 or better) anyhow I was searching on ebay and I found something I had never seen before in auction, it was a VAM and I was in awe and didnt know what the heck it was but I knew I just had to have it. It was a MS-62 VAM-83 with a High 1 graded by NGC and when I finally received this coin and compared it to my raw coins I knew then I would never buy another raw coin atleast until I had some better skills (which I havent aquired yet)anyway this became the coin that started my #1 registry set of B1 reverse Morgans. At first I didnt quite understand the differences between grading services and I bought one NTC and one PCI Morgan and after comparing them to the NGC and PCGS coins I had then aquired that was supposed to be the same grade I could tell the difference so them coins went back on ebay. So from then on it has been NGC and PCGS with an occasional ANACS coin if it was something I needed for a registry set (they had to be crossed before I could do that) and I started looking at pricing of the coins and I decided that MS-64 was the best Bang For The Buck so that was all I collected and never bought anything under that.I soon joined NGC's Collectors-Society and was able to send in my coins for crossover and could send in some of the better raw coins I had aquired with the 5 free ticket that they gave me for joining. I had 1 bodybag and the rest that I thought were high grade coins werent so high grade, the highest was a MS-62 1891 and the lowest being a 1882 O/S VAM-5 Broken s which was a TOP 100 coin so all wasn't lost. I know this is becoming a long story so I will end it here, but I aquired 100% of my items from internet auctions and none of my morgans were given to me at all. I did however get a pretty large coin collection (well 1/3 of his collection) from my grandfather a couple months ago but I havent even inventoried those to see what was actually in there.So there ya have it and I am proof that it doesn't take a long time to aquire just about a full date set of Morgans in MS-64 condition even if you are limited to internet sales (even though you may have paid a little to much at times, there was times you paid alot less then they were actually worth).

Thank You Joeyuk for the information