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 Replies: 16 / Views: 1,957 |
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Forum Kid
Kuwait
1523 Posts |
Do any of you buy from Heritage Auctions.
I'd love to hear the story on amazingly big "rip offs" when you get what you bid on for a MUCH MUCH lower price.
Its too bad YN cannot join Heritage and bid.
Tell me your story!
A friend of mine (I met on a forum who I eventually met up with) bought a Lewis and Clarke Commem set, All the coins for only $90.
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Tell us your!
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Bedrock of the Community
United States
14454 Posts |
I have bought many many things from heritage and have always been happy with my purchases, just wish I could say the same about ebay. Most of Heritage's pictures are a little bright but once you learn how to interpret those you can definately find ALOT of VAM's that are unattributed in unheard of grades. Edited by Bryan1315
06/29/2006 10:36 am
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New Member
United States
47 Posts |
I too, have bought a few items from Heritage and have been very happy with them. A couple of Silver Certs. and a 1921-S Morgan. No killer deals yet, but I will keep my eyes open.  |
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Moderator
 United States
23522 Posts |
A real "killer" is unlikely at Heritage, because there you're bidding against collectors just as knowledgeable as yourself. I know a dozen guys off the top of my head who check every Morgan dollar at Heritage for VAM's - if you win one from a Heritage auction, it's because none of the experts wanted it badly enough. I've made a couple decent buys there, but only from their Buy It Now category, and even then only because I got the coin within 24 hours of it hitting the market. |
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Valued Member
United States
382 Posts |
I have had good experiences with Heritage. Best buy? A 1931-D Lincoln PCGS MS64RD for $100.50.
Best part of Heritage and being a member is that it is FREE!
Their "My Collection" online software which instantly tracks your collection provides data of who (number of) has expressed interest in your given coin)s), and better yet...seeing how much your coin is retailing and wholesaling for!!
Sure it takes time to enter this stuff. But you can easily print it up at anytime and even export all of the important stuff back into a excel spreadsheet. I print up my collection every quarter so it is current. This way, if something should happen to me, my family knows exactly what they have and how much it is worth.
Edited by zakgold
06/29/2006 4:27 pm
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Valued Member
United States
67 Posts |
quote:
Most of Heritage's pictures are a little bright but once you learn how to interpret those you can definately find ALOT of VAM's that are unattributed in unheard of grades.
Please tell me what are VAMs. Thanks |
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Forum Kid
 Kuwait
1523 Posts |
But the thing in the subscription says I have to be over 18
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TKC!
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Pillar of the Community
United States
1247 Posts |
quote:
Originally posted by Diane
quote:
Most of Heritage's pictures are a little bright but once you learn how to interpret those you can definately find ALOT of VAM's that are unattributed in unheard of grades.
Please tell me what are VAMs.
Thanks
A VAM is attributation number assigned to Morgan and Peace dollar varieties. It's named after Leroy Van Allen and George Mallis who wrote the book about them sometime in the 70's. Varities are small things that make one die different from other dies. The Wisconsin "Extra leaf" quarter is a variety. VAMs are pretty popular especially with Morgan collectors but it seems they can get kind a pricy. Such as the "Wild-Eyes" spikes. The spikes look to me to be just some die breaks under the eyes. Still, one sold back in 2001 for over $7,000. |
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Pillar of the Community
United States
1247 Posts |
Double post
Edited by longnine009
06/29/2006 5:33 pm
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Bedrock of the Community
United States
12437 Posts |
quote:
Originally posted by Diane
quote:
Most of Heritage's pictures are a little bright but once you learn how to interpret those you can definately find ALOT of VAM's that are unattributed in unheard of grades.
Please tell me what are VAMs.
Thanks
VAMs are varieties of Morgan and Peace dollars. VAM is the initials of the authors of the authoritative book on the subject, Leroy Van Allen and George Mallis. |
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Pillar of the Community
Canada
1152 Posts |
quote:
Originally posted by Bryan1315
I have bought many many things from heritage and have always been happy with my purchases, just wish I could say the same about ebay. Most of Heritage's pictures are a little bright but once you learn how to interpret those you can definately find ALOT of VAM's that are unattributed in unheard of grades.
just one thing, ould someone please tell me what VAM means? andrew |
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Pillar of the Community
Canada
1152 Posts |
ok please disregard my question... I didnt read the entire thread!
andrew
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Bedrock of the Community
United States
14454 Posts |
I bought the 1 of 1 VAM-84 in MS-65 on Heritage it was unattributed and have seen a few in higher grades than that but just couldn't afford them at the time. By the way the highest grade before I sent this one in for attribution was a MS-64 and that was the highest graded at the big 3 none was higher than 64
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Valued Member
United States
67 Posts |
And what does attributed/unattributed mean, please? quote:
I bought the 1 of 1 VAM-84 in MS-65 on Heritage it was unattributed and have seen a few in higher grades than that but just couldn't afford them at the time. By the way the highest grade before I sent this one in for attribution was a MS-64 and that was the highest graded at the big 3 none was higher than 64
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Moderator
United States
23522 Posts |
quote:
Originally posted by Diane
And what does attributed/unattributed mean, please?
quote:
I bought the 1 of 1 VAM-84 in MS-65 on Heritage it was unattributed and have seen a few in higher grades than that but just couldn't afford them at the time. By the way the highest grade before I sent this one in for attribution was a MS-64 and that was the highest graded at the big 3 none was higher than 64
That means whether or not the coin has been "outed" - identified as a particular variety, and either slabbed as such or at least advertised that way. The third-party graders are just beginning to identify VAM's on their slabs, and there's still a whole lot of Morgans out there which haven't been identified as the error coins they truly are. |
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Valued Member
United States
67 Posts |
quote:
The third-party graders are just beginning to identify VAM's on their slabs, and there's still a whole lot of Morgans out there which haven't been identified as the error coins they truly are.
Wow! Thanks, SuperDave! I had no idea. I bought Bowers' Guide Book of Morgan silver dollars, because I have a few. I thought a whole book on one coin ought to tell me everything I needed to know. But now I realize I don't really know what I have. How can I find out about VAMs? |
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Replies: 16 / Views: 1,957 |
Posted 06/29/2006 12:46 pm
