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If I Cried Out

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aladinslamp's Avatar
United States
3076 Posts
 Posted 11/27/2010  03:52 am Show Profile   Bookmark this topic Add aladinslamp to your friends list Get a Link to this Message Number of Subscribers
If
i cried out would you know why? would you you understand?/ or care?. some might , as this is a VAM inquiry......and wonder if its worth talking about........or just another thought of why vams are here and so important in the collections of Morgans........OR its over hyped? But
I love my VAMS..........and your opinions........
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Sap's Avatar
Australia
16826 Posts
 Posted 11/27/2010  05:08 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
If I cried out would you know why? would you you understand?/ or care?

I'm trying very hard to understand, but frankly, some of your recent posts have been, well, cryptic. A thread which you posted here a couple of days ago was moved to General Discussion because it seemed to be all about philosophy...

Quote:
as this is a VAM inquiry...

I'm trying hard, here, too, but in this particular thread, I can't really see one. The closest I can come to a specific VAM question in your post is this:

Quote:
why vams are here and so important in the collections of Morgans........OR its over hyped?

I think you're trying to ask, "Why do VAMs have their own section of the forum, and other types of error coins do not?". If that's your question, the answer is twofold: some people who were interested in VAMs asked for a separate VAM section, and the forum administrators agreed to having one.

It probably helped to have a couple of the moderators on-side - at least two of the mods here are VAManiacs. Back when the forum began (and long before I joined), a couple of the founding moderators were Australians, so the forum was designed with a large Australian section.

When the general US Errors forum gets so busy that those interested in other particular error series can't find threads that are relevant to them, then it might be time to ask CCF admin to consider splitting it again. But it would help if the admin or moderators themselves were interested in the topic and could see the worthiness of such a cause.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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 Posted 11/27/2010  09:14 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Actually Sap, the song remains the same, and it is well understood by those here who VAM....."Why" is the question, and while there are many folks who purport to have the answers, those answers are not forthcoming despite the volume or frequency of questions......To clarify, I am sure that you are aware that this VAM thing is changing on at least a weekly basis, (maybe not continually moving forward, but sometimes sideways, and in some instances, backward).

The word "knowledge" is thrown about so loosely by so many, that a person might think that answers to common questions would abound....this is definitely not the case.....the ratio of questions to answers stand as stark evidence of this.....If someone attempts to provide an answer that is more logical or probable than the myth or poppycock that has been held in cult like belief for so long, then this new idea or theory must be proven, while sheer mystery is not subject to such scrutiny.

Aladinslamp is my friend and I understand and care very much about what he is speaking, and I do this not because I care about the coins, (I don't), I care about my friends and their frustrations....For instance, Aladin wants to know how things happened and why, while the majority of folks don't really care about this (because there is no monetary value in it)....."Knowledge" (to the masses) is defined as the ability to identify particular varieties and turn a profit on it.....There 'are' however, a small handful of folks who might like to know more than just that.....chimpanzees can be taught identification skills, but it requires the ability to reason to understand "why"......and in order to understand "why"?, it is important to first understand "how"?....These questions are continually asked and either met with silence or ignorant response.

The reason that you fail to receive answers to your questions Aladin, is that you ask them of the wrong people.....If you want to know about the 1902 O,....don't you know where to go?.....If you want to ask a question about the 1921, you needn't go anywhere other than right here....If you want to know how things worked inside of that thing referred to as the 'press mechanism', I might be able to help, or at least try.....Ask of those who know, rather than those who are mainly profiteers.......'Experts' who have bought and sold for 30+ years are not a good source to ask questions of how or why.....they (do not know, regardless of reputation or hype). If you have a question though on a specific pup or absence of a scratch for instance, that may qualify as a revision or new variety, the dealer may well turn out to be the person to ask.

In many cases, there will be no one who knows the answer to your question.....it then falls upon you to take it upon yourself to rationalize with logical thought and reason, with things that you already know and are familiar with, and become the 'expert' yourself.
Edited by zeewool
11/27/2010 09:17 am
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Ozland's Avatar
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709 Posts
 Posted 11/27/2010  12:53 pm  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply
Zee posts "Questions are continually asked and either met with silence or ignorant response." I would add, or derision by some.
But if you are to be a variety specialist, it is incumbent upon you to know how the coins were minted, the processes that were involved and about care and maintenance to fully understand what you are looking at relative to such things as a die breaks, Cuds, die polish lines, pitting, die cracks, misplaced digits, mint mark placement, die doubling, Strike Doubling, filled dies, grease strike-thru's, lamination, planchet flaws, die basining, culls, planchet striations, clashed letters, clash marks, clash episodes and ruptured fields to name just a few.
Vamming is cutting edge numismatic forensics that involves all of the above and also identifying the different dies and die marriages.
Where it gets murky in this hobby is not everyone agrees with the methodology on how this is to be done.
Recently some in the hobby such as John Roberts (1878-CC attribution guide) and Alan Scott (1902-O and 1904-O attributions guides)have taken to cataloging specific date and mint marks. This painstaking approach involves comparing side-by-side coins of the same date and mint mark which helps in identifying specific die markers and specific die marriages. This really helps clarify the VAM mosaic.
Many question why this is being done. I will not reveal who said this but the answer perfectly summed up my feeling on the subject.
"because I'll have gotten exactly what I wanted in the first place - the enduring preservation of the VAM system."
It is only natural to ask questions. Finding the answers to those questions isn't easy.

The basic premise of vamming is some date and mint marks while rare are more rare with specific die marriages.
An example:

1878-CC VAM-7A Medium CC, Clashed
Discovered by Mark Kimpton, May 2004.

This coin is a Kimpton 12 Morgan VAM.

7A II 8 ยท B2d (Medium CC, Clashed Obverse G & st) ( ? ) I-2 R-7
Obverse II 8-- Clashed die with faint partial incuse G of God from reverse next to Liberty head neck and partial incuse st of Trust from reverse showing in right hair vee of lower hair edge.

If you were to ask a collector or dealer what the rarest Carson City dollar is, you are likely to hear these dates: 1879-CC, 1889-CC, 1893-CC. Talk with most VAM enthusiasts, and 1885-CC VAM-4 Hot-50 might come up and a few may bring up 1884-CC VAM-7A or 1890-CC VAM-9A. However, one of the best kept secrets is this coin, the 1878-CC VAM-7A, one of only two R-7 Carson City dollars. it is exceptionally rare. It was discovered by Mark Kimpton in May 2004.

It has a lot of interesting features. Above the eagle and motto, nearly the entire bottom of the central Liberty bust is distinctly clashed. This is not at all common. As would be expected to go along with that there is an M (designer's initial) clash.

The best part is last. This is an exceptionally strong clash with transfers on both sides. Recently, New Orleans dollars were found with clashed O mint marks on the obverse. Well, Carson City, a branch mint, also has a mint mark. In the area above B on the obverse, many believe the CC mint mark has been transfered there.
So far this coin is very difficult to locate. While I wouldn't be caught up in the discussion of it having an "R" 7 rating, I would be caught up in knowing this is an exceptional find for the money. Furthermore,
I would let out a cry of joy as well if I found one of these uncirculated for common money.
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 Posted 11/27/2010  2:25 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Heh, heh......now that is what I am talking about.....See there Gene, the answers to your questions are.... yes we know why, yes we understand , yes we care, and yes is you are talking about monetary value--but no if you speak of intrinsic worth......I knew what I wanted to say, but just didn't know how....Thanks Terry...

Believe it or not, I think most folks understand and may even agree, but for personal reasons, may choose to ignore, deny, and defy the questions....(it is sometimes easier that way).
Edited by zeewool
11/27/2010 2:46 pm
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Ozland's Avatar
United States
709 Posts
 Posted 11/27/2010  3:27 pm  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply
I think it is more from the constant ying-yang abrasiveness of two competing interests, those who sell and those intent on research that is the big detriment to the hobby. While it is an uneasy symbiotic relationship, knowledge is power motto is not the kind of power envisioned by the founders of the hobby. Knowledge was to enlighten, to investigate, to be academic in nature. For the sellers it was nothing more than a vehicle to hype, over-hype, and grossly over-hype a product and make more money.

Sometimes, it is who you ask your question to that is more important than the question itself or the content of the question for it is that view given by that person that is given more credence whether that answer is credible or not. That is the agenda Aladinslamp was referring to.
Answers just aren't readily available. In part, because I don't think even the experts know the answers. In some cases, the experts haven't even thought of the question.
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 Posted 11/27/2010  3:58 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
If ever I had any doubts about your understanding of the situation (of which I really never did have any by the way), you have laid those potential doubts to rest right there Oz.....Good people enter into politics with noble intent and vision, yet inevitably that vision is refocused into a more self serving direction..... The original intent of "Knowledge was to enlighten, to investigate, to be academic in nature." has been detoured into something less (or more, depending on your point of view).
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Ozland's Avatar
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709 Posts
 Posted 11/27/2010  5:42 pm  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply
Zee, I love varieties. It is a very pleasurable pursuit for me to investigate and research the Morgan dollar. I have always admired the Morgan dollars for their intrinsic beauty and historical significance, but being able to VAM coins has taken that pursuit in to an entirely new direction that is both fresh and exciting.

Before there was a hobby called vams, there were always competing interests in numismatics, always tilted towards the dealers.

Those competing interests are alive and well inside of this hobby. Make no mistake, if you are going to be a serious vammer you need to learn to identify and swim with the sharks otherwise they will eat you alive. (metaphorically speaking)

This part of the hobby I have learned to live with and accept. What I have issues with and disappointed in are the stalwarts in the hobby who fail to share their knowledge. I don't begrudge them this, it is their right to share or not to share, but then when these very people question why isn't the hobby growing? I just shake my head in wonder.

There is a steep learning curve withs vams. People entering into the hobby need to be mentored and helped otherwise this hobby will always be more geared toward the advanced collector than a beginning collector.
I have the good fortune to have two VAM mentors who have also become dear friends. We share a lot of information.
But let me ask a difficult question. How many bad coins and bad deals have to occur before people wise up? What happens to those people who have little or no recourse to the buyer?
The answer is, the buyers dry up (as they should) and the hobby stagnates.
I can't tell someone what they should buy or how much they should spend. I will say this: learn as much as you can about a coin before buying and buyer beware. There are people who are more than happy to help separate you from your money.
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SsuperDdave's Avatar
United States
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 Posted 11/27/2010  6:08 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I don't begrudge them this, it is their right to share or not to share,


No. No, it is not their right "not to share." They can get away with it from a strict legal standpoint, but doing it is not "right" by any definition of the word.

We are only caretakers of these coins. If we do what's "right," they will move on upon our passing to a new generation of caretakers, and on down the line. Our mandate to protect and preserve these coins applies equally to what we learn about them, because our responsibility is not to ourselves - it's to the coins.

To withhold information, for any reason, is to be purely self-serving in the most pejorative sense of the word. We don't have the right.

With that said, there is nothing wrong with being compensated for the effort one has put into research. In this day and age, that model works far better using either subscription or one-time payment for online resources as opposed to publishing treeware, but either suffice. I've stated in the past that I feel VAMworld ought to be subscription-based - even if it's only a nominal fee - and my feeling hasn't changed.

But to keep valuable information close to the vest in your greedy little hands? Disgust is all you'll get from me.
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Ozland's Avatar
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 Posted 11/27/2010  7:01 pm  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply
Dave, With all respect, VAMworld is probably the greatest repository of VAM knowledge on the planet. However, I am of the opinion much of the data is flawed. Flawed in this respect, the major pick up points (pups) on the coin are missing. Now some might ask, is that by accident or design?
Sharing valuable pick up points is a troublesome subject as many understand and unabashedly state it is a delicate balancing act. Most stalwarts will not, have not shared these pick up points even in their publications. There are exceptions of course, John Roberts and Alan Scott both share all of the information.

The reason is dealers buy these at common money and sell them for many multiples over common money. Some collectors finance their hobby doing this.

In a recent thread, someone posted six 1901-O VAM 39 A. Doubled Top Reverse, Clashed Obverse I & us (Super CD: Elite Clashed Morgan dollars. VAMview price in mint state 63 is two thousand five hundred dollars.
Edited by Ozland
11/27/2010 7:15 pm
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SsuperDdave's Avatar
United States
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 Posted 11/27/2010  7:14 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
You have it precisely correct, Ozland, and I wouldn't feel as strongly as I do on the subject if the chief cause of withheld information wasn't just to line the pockets of the few.
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 Posted 11/27/2010  7:24 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
I want to, and feel that I do (at times) agree with you both Dave & Terry.....but just what is this knowledge that you both refer to? Is it the ability to distinguish and identify the differences between two coins of the same date and mintmark? I see these sorts of games in children's magazines.....two pictures, can you pick out the differences? I see absolutely no knowledge in any of this.....How can this sort of thing be shared or taught? Many times the newcomer's expectations are greater than the reality of what knowledge exists......

If this is the definition of knowledge, then I would be inclined to believe that it is the responsibility of each individual to study and do their own homework, or to find a mentor, a tutor, and learn from that person alone.....I realize that some of these differences are so subtle that mentoring may be required, but what I see as the biggest inherent drawback to the hobby is that foremost internet site itself.....To come on any site and demand answers without getting dirt under your own fingernails is just as selfish as those who may be accused of withholding information.....I am neither dealer or collector, merely an observer so I might see things in a totally naive manner.

Just as our national government and the principles on which it was based were noble and our best friend in its beginnings, today it has deteriorated into what we now perceive as the greedy, unconscionable enemy.....the people remain with values and morality, but the government does not represent them, because those founding principles have been abandoned for the self serving interests of those who we rely on to represent us.

Based upon the original site intent and principles that Oz drew upon earlier, it is anything but that now.....The majority of the members remain good people with values and personalities that are congenial, sharing and welcoming, however, this fact is overshadowed many times by overbearing, obnoxious personalities that have little to no tolerance for anyone other than themselves....there are others who will applaud those who give so much of themselves by updating the pages......The pages.....the pages that that still lack in pertinent photos and descriptive information and so match both the last and next listings......Is this the knowledge that you speak of? Is it the secret pups that the dealer relies upon for his/her livelihood, or is it merely an illusion to bolster status and ego and to be viewed as expertise?

I am sorry, but I just do not see this knowledge that is being withheld....rather, I believe that it is not being withheld, but it just doesn't actually exist.....If it does, please identify it to me, so that I too may know enough to choose sides and speak intelligently.
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 Posted 11/27/2010  7:44 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
the chief cause of withheld information wasn't just to line the pockets of the few.


Okay, that answers my questions, and reinforces what I had thought all along.....we are doing pretty good at staying in focus of the OP's original question(s) aren't we? Uncommon.
Edited by zeewool
11/27/2010 7:55 pm
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 Posted 11/27/2010  8:17 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I am sorry, but I just do not see this knowledge that is being withheld....rather, I believe that it is not being withheld, but it just doesn't actually exist.....If it does, please identify it to me, so that I too may know enough to choose sides and speak intelligently.


Fair enough. Partly, this:


Quote:
In a recent thread, someone posted six 1901-O VAM 39 A. Doubled Top Reverse, Clashed Obverse I & us (Super CD: Elite Clashed Morgan dollars. VAMview price in mint state 63 is two thousand five hundred dollars.


Prices on many VAMs would fall drastically if more accurate population data were known. It's the people who have enough of them, and have seen enough of them, to form an educated guess as to true rarity, and they're the ones suppressing it to keep value artificially high so they can make more money.

This, along with the "compensation for fair research" issue, are probably the two biggest problems.

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 Posted 11/27/2010  8:35 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
I see, and I understand.....excellent example...Thank you Dave.

Is it 'possible' that this may be a contributing factor as to why the rarity numbers remain grossly inflated?

I have always wondered why vams must have a rarity scale that is so different than the Sheldon, yet deceptively mimics it....do you think that could there also be a loose relationship here from the beginnings?
Edited by zeewool
11/27/2010 8:41 pm
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 Posted 11/27/2010  8:37 pm  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply

Quote:
Prices on many VAMs would fall drastically if more accurate population data were known. It's the people who have enough of them, and have seen enough of them, to form an educated guess as to true rarity, and they're the ones suppressing it to keep value artificially high so they can make more money.Logic dictates as more and more VAMs are located, identified, many will be surprised to find their once thought rare coin really isn't as rare as once perceived.

It is the issues of relative rarity and conditional rarity that will come into play.
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